Healthcare mobility solutions involve the utilization of mobile devices to monitor or detect biological changes in the human body. The data collected through these devices is then utilized by healthcare management entities such as hospitals, clinics, or service providers to enhance healthcare and improve health status.
The primary types of healthcare mobility solutions include mobile devices, mobile applications, enterprise mobility platforms, and other product types. Mobile devices are utilized to enhance patient care by recording, collecting, analyzing, and distributing patient data to healthcare professionals, facilitating quick decision-making. Mobile computing devices, such as personal digital assistants (PDAs), smartphones, and tablet computers, have significantly impacted the healthcare industry. Various applications, including enterprise solutions and mHealth applications, are adopted by end-users such as payers, providers, hospitals, laboratories, patients, and other entities in the healthcare ecosystem.
The healthcare mobility solutions Market Research Report is one of a series of new reports that provides healthcare mobility solutions market statistics, including healthcare mobility solutions industry global market size, regional shares, competitors with a healthcare mobility solutions market share, detailed healthcare mobility solutions market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare mobility solutions industry. This healthcare mobility solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The healthcare mobility solutions market size has grown exponentially in recent years. It will grow from $148.7 billion in 2023 to $187.39 billion in 2024 at a compound annual growth rate (CAGR) of 26.0%. The growth observed during the historic period can be attributed to several factors, including advancements in patient care, increased efficiency and productivity, enhanced accessibility of Electronic Health Records (EHR), improved care coordination, and greater patient engagement.
The healthcare mobility solutions market size is expected to see exponential growth in the next few years. It will grow to $481.98 billion in 2028 at a compound annual growth rate (CAGR) of 26.6%. The anticipated growth in the forecast period can be attributed to various factors, including the adoption of value-based care models, increased emphasis on interoperability, heightened focus on data privacy and security, expansion of telehealth services, and enhanced preparedness for pandemics. Major trends expected during this period encompass the proliferation of mobile health apps, the widespread use of wearable health devices, the implementation of remote patient monitoring, increased access to Electronic Health Records (EHR) through mobile devices, the integration of artificial intelligence and predictive analytics, and the utilization of Internet of Things (IoT) in healthcare.
The anticipated growth of the healthcare mobility solutions market is driven by the increasing digitalization and the rising use of smart devices in healthcare. The healthcare sector's focus on digital technologies has enhanced access to health information and transformed the patient experience. Mobile health (mHealth) technologies encompass smartphone health apps, smartphone-connected devices, wearables, wireless devices, handheld imaging platforms, and sensor-based technologies. These technologies empower healthcare organizations to efficiently manage personnel, handle patient data, and optimize nursing activities. A report from the National Library of Medicine in June 2023 indicates that the medical industry in the United States is leveraging smart devices equipped with sensors for disease diagnosis, amounting to a total of $143.6 billion. The sector is experiencing a cumulative annual growth rate of 16% over seven years. The increasing digitalization and use of smart devices in healthcare are poised to propel the growth of the healthcare mobility solutions market.
The growth of the healthcare mobility solutions market is expected to be boosted by the increase in the geriatric population. As the percentage of people aged 65 and older rises compared to those employed between 18 and 64, there is a corresponding increase in the prevalence of chronic health conditions. Healthcare mobility solutions play a crucial role in the remote monitoring and management of these conditions, ensuring timely care and support for seniors to enhance their quality of life. A report from the World Health Organization (WHO) in October 2022 indicates that by the year 2030, one in six people globally is expected to be 60 or older. By 2050, the worldwide population of individuals aged 60 and older will reach 2.1 billion, with a notable increase in those 80 years and older. The growth of the geriatric population is a driving force behind the expansion of the healthcare mobility solutions market.
Leading companies in the healthcare mobility solutions market are innovating by introducing new products like wireless monitoring solutions to cater to larger customer bases, drive sales, and increase revenue. Wireless monitoring solutions are technological systems designed to remotely and wirelessly collect, transmit, and analyze data from various sensors, devices, or equipment. In March 2022, GE Healthcare, a US-based medical technology company, received FDA approval for its Portrait Mobile wireless and wearable monitoring solution. This platform provides real-time continuous monitoring, offering a personalized view of a patient's vital signs while allowing mobility during crucial recovery phases. The system, featuring wireless sensors worn by the patient and a smartphone-sized monitor, eliminates the need for traditional cables, allowing patients to move freely around the ward. The mobility facilitated by Portrait Mobile is instrumental in improving patient outcomes and reducing hospital stay durations. The innovative wireless sensor technology employed in the system ensures precise measurement of respiration rates, even as patients' breathing patterns change, enhancing the overall quality of care.
Prominent companies in the healthcare mobility solutions market are actively developing new products, such as Remote Patient Monitoring (RPM) solutions, with the aim of reaching larger customer bases, increasing sales, and boosting revenue. RPM solutions are advanced healthcare technologies and systems that empower healthcare providers to remotely monitor and track a patient's health and medical data. In May 2022, Withings Health Solutions, a US-based medical technology company, introduced Withings RPM, a product distinguished by its capacity to simplify the implementation of remote patient monitoring programs. This innovation streamlines the onboarding process for physicians, providing patients with a convenient, straightforward, and pleasant experience. Withings RPM is specifically designed for swift and effortless ordering and delivery of patient devices with just a few clicks. Physicians can swiftly create individualized care plans and set patient goals, while the system facilitates efficient management of data from multiple patients. It incorporates automated alerts and reminders for patient health data and program compliance indicators, covering device usage during both initial setup and ongoing utilization, along with notifications for necessary actions when patient vitals require attention.
In February 2021, Philips, a Netherlands-based technology company, made an undisclosed acquisition of BioTelemetry Inc. This strategic move aligns seamlessly with Philips' commitment to advancing healthcare delivery through integrated solutions across the health spectrum. The acquisition integrates Philips' leading patient care management offerings within hospital settings with BioTelemetry's exceptional cardiac diagnostics and monitoring solutions outside of the hospital. The collaboration positions the resulting entity as a global leader in patient care management solutions, catering to the needs of both hospital and home-based cardiac and other patients. BioTelemetry Inc., based in the United States, is renowned for its provision of remote cardiac diagnostics and monitoring devices.
Major companies operating in the healthcare mobility solutions market include Oracle Corporation, SAP SE, McKesson Corporation, Cerner Corporation, Zebra Technologies, Philips Healthcare, AT&T Inc., Cisco Systems Inc., Omron Corporation, Airstrip Technologies Inc., Hewlett-Packard Company, IBM Corporation, Wipro Limited, Microsoft Inc., Honeywell International Inc., Qualcomm Inc., Verizon Communications Inc., General Electric Company, Express Scripts Holding Company, Netsmart Technologies Inc., Datamation Systems, Pioneer Solution, emocha Mobile Health, MEDITECH Plc, GreatCall Inc., Pager Inc., Barcoding Inc., Onyx Ltd., AngelEye Health, ARGO Group, Eddy Co., Pluto Health Inc., Solutionize Global Ltd., 1uphealth Inc., Apple Inc., Medtronic Inc., Siemens AG
North America was the largest region in the healthcare mobility solutions market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the healthcare mobility solutions market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the healthcare mobility solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The healthcare mobility solutions market consists of the sales of telemedicine, appointment reminders, remote data collection systems, and remote patient monitoring systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of healthcare mobility solutions include mobile devices, mobile applications, enterprise mobility platforms, and other product types. Mobile devices are utilized to enhance patient care by recording, collecting, analyzing, and distributing patient data to healthcare professionals, facilitating quick decision-making. Mobile computing devices, such as personal digital assistants (PDAs), smartphones, and tablet computers, have significantly impacted the healthcare industry. Various applications, including enterprise solutions and mHealth applications, are adopted by end-users such as payers, providers, hospitals, laboratories, patients, and other entities in the healthcare ecosystem.
The healthcare mobility solutions Market Research Report is one of a series of new reports that provides healthcare mobility solutions market statistics, including healthcare mobility solutions industry global market size, regional shares, competitors with a healthcare mobility solutions market share, detailed healthcare mobility solutions market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare mobility solutions industry. This healthcare mobility solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The healthcare mobility solutions market size has grown exponentially in recent years. It will grow from $148.7 billion in 2023 to $187.39 billion in 2024 at a compound annual growth rate (CAGR) of 26.0%. The growth observed during the historic period can be attributed to several factors, including advancements in patient care, increased efficiency and productivity, enhanced accessibility of Electronic Health Records (EHR), improved care coordination, and greater patient engagement.
The healthcare mobility solutions market size is expected to see exponential growth in the next few years. It will grow to $481.98 billion in 2028 at a compound annual growth rate (CAGR) of 26.6%. The anticipated growth in the forecast period can be attributed to various factors, including the adoption of value-based care models, increased emphasis on interoperability, heightened focus on data privacy and security, expansion of telehealth services, and enhanced preparedness for pandemics. Major trends expected during this period encompass the proliferation of mobile health apps, the widespread use of wearable health devices, the implementation of remote patient monitoring, increased access to Electronic Health Records (EHR) through mobile devices, the integration of artificial intelligence and predictive analytics, and the utilization of Internet of Things (IoT) in healthcare.
The anticipated growth of the healthcare mobility solutions market is driven by the increasing digitalization and the rising use of smart devices in healthcare. The healthcare sector's focus on digital technologies has enhanced access to health information and transformed the patient experience. Mobile health (mHealth) technologies encompass smartphone health apps, smartphone-connected devices, wearables, wireless devices, handheld imaging platforms, and sensor-based technologies. These technologies empower healthcare organizations to efficiently manage personnel, handle patient data, and optimize nursing activities. A report from the National Library of Medicine in June 2023 indicates that the medical industry in the United States is leveraging smart devices equipped with sensors for disease diagnosis, amounting to a total of $143.6 billion. The sector is experiencing a cumulative annual growth rate of 16% over seven years. The increasing digitalization and use of smart devices in healthcare are poised to propel the growth of the healthcare mobility solutions market.
The growth of the healthcare mobility solutions market is expected to be boosted by the increase in the geriatric population. As the percentage of people aged 65 and older rises compared to those employed between 18 and 64, there is a corresponding increase in the prevalence of chronic health conditions. Healthcare mobility solutions play a crucial role in the remote monitoring and management of these conditions, ensuring timely care and support for seniors to enhance their quality of life. A report from the World Health Organization (WHO) in October 2022 indicates that by the year 2030, one in six people globally is expected to be 60 or older. By 2050, the worldwide population of individuals aged 60 and older will reach 2.1 billion, with a notable increase in those 80 years and older. The growth of the geriatric population is a driving force behind the expansion of the healthcare mobility solutions market.
Leading companies in the healthcare mobility solutions market are innovating by introducing new products like wireless monitoring solutions to cater to larger customer bases, drive sales, and increase revenue. Wireless monitoring solutions are technological systems designed to remotely and wirelessly collect, transmit, and analyze data from various sensors, devices, or equipment. In March 2022, GE Healthcare, a US-based medical technology company, received FDA approval for its Portrait Mobile wireless and wearable monitoring solution. This platform provides real-time continuous monitoring, offering a personalized view of a patient's vital signs while allowing mobility during crucial recovery phases. The system, featuring wireless sensors worn by the patient and a smartphone-sized monitor, eliminates the need for traditional cables, allowing patients to move freely around the ward. The mobility facilitated by Portrait Mobile is instrumental in improving patient outcomes and reducing hospital stay durations. The innovative wireless sensor technology employed in the system ensures precise measurement of respiration rates, even as patients' breathing patterns change, enhancing the overall quality of care.
Prominent companies in the healthcare mobility solutions market are actively developing new products, such as Remote Patient Monitoring (RPM) solutions, with the aim of reaching larger customer bases, increasing sales, and boosting revenue. RPM solutions are advanced healthcare technologies and systems that empower healthcare providers to remotely monitor and track a patient's health and medical data. In May 2022, Withings Health Solutions, a US-based medical technology company, introduced Withings RPM, a product distinguished by its capacity to simplify the implementation of remote patient monitoring programs. This innovation streamlines the onboarding process for physicians, providing patients with a convenient, straightforward, and pleasant experience. Withings RPM is specifically designed for swift and effortless ordering and delivery of patient devices with just a few clicks. Physicians can swiftly create individualized care plans and set patient goals, while the system facilitates efficient management of data from multiple patients. It incorporates automated alerts and reminders for patient health data and program compliance indicators, covering device usage during both initial setup and ongoing utilization, along with notifications for necessary actions when patient vitals require attention.
In February 2021, Philips, a Netherlands-based technology company, made an undisclosed acquisition of BioTelemetry Inc. This strategic move aligns seamlessly with Philips' commitment to advancing healthcare delivery through integrated solutions across the health spectrum. The acquisition integrates Philips' leading patient care management offerings within hospital settings with BioTelemetry's exceptional cardiac diagnostics and monitoring solutions outside of the hospital. The collaboration positions the resulting entity as a global leader in patient care management solutions, catering to the needs of both hospital and home-based cardiac and other patients. BioTelemetry Inc., based in the United States, is renowned for its provision of remote cardiac diagnostics and monitoring devices.
Major companies operating in the healthcare mobility solutions market include Oracle Corporation, SAP SE, McKesson Corporation, Cerner Corporation, Zebra Technologies, Philips Healthcare, AT&T Inc., Cisco Systems Inc., Omron Corporation, Airstrip Technologies Inc., Hewlett-Packard Company, IBM Corporation, Wipro Limited, Microsoft Inc., Honeywell International Inc., Qualcomm Inc., Verizon Communications Inc., General Electric Company, Express Scripts Holding Company, Netsmart Technologies Inc., Datamation Systems, Pioneer Solution, emocha Mobile Health, MEDITECH Plc, GreatCall Inc., Pager Inc., Barcoding Inc., Onyx Ltd., AngelEye Health, ARGO Group, Eddy Co., Pluto Health Inc., Solutionize Global Ltd., 1uphealth Inc., Apple Inc., Medtronic Inc., Siemens AG
North America was the largest region in the healthcare mobility solutions market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the healthcare mobility solutions market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the healthcare mobility solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The healthcare mobility solutions market consists of the sales of telemedicine, appointment reminders, remote data collection systems, and remote patient monitoring systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Healthcare Mobility Solutions Market Characteristics3. Healthcare Mobility Solutions Market Trends And Strategies31. Global Healthcare Mobility Solutions Market Competitive Benchmarking32. Global Healthcare Mobility Solutions Market Competitive Dashboard33. Key Mergers And Acquisitions In The Healthcare Mobility Solutions Market
4. Healthcare Mobility Solutions Market - Macro Economic Scenario
5. Global Healthcare Mobility Solutions Market Size and Growth
6. Healthcare Mobility Solutions Market Segmentation
7. Healthcare Mobility Solutions Market Regional And Country Analysis
8. Asia-Pacific Healthcare Mobility Solutions Market
9. China Healthcare Mobility Solutions Market
10. India Healthcare Mobility Solutions Market
11. Japan Healthcare Mobility Solutions Market
12. Australia Healthcare Mobility Solutions Market
13. Indonesia Healthcare Mobility Solutions Market
14. South Korea Healthcare Mobility Solutions Market
15. Western Europe Healthcare Mobility Solutions Market
16. UK Healthcare Mobility Solutions Market
17. Germany Healthcare Mobility Solutions Market
18. France Healthcare Mobility Solutions Market
19. Italy Healthcare Mobility Solutions Market
20. Spain Healthcare Mobility Solutions Market
21. Eastern Europe Healthcare Mobility Solutions Market
22. Russia Healthcare Mobility Solutions Market
23. North America Healthcare Mobility Solutions Market
24. USA Healthcare Mobility Solutions Market
25. Canada Healthcare Mobility Solutions Market
26. South America Healthcare Mobility Solutions Market
27. Brazil Healthcare Mobility Solutions Market
28. Middle East Healthcare Mobility Solutions Market
29. Africa Healthcare Mobility Solutions Market
30. Healthcare Mobility Solutions Market Competitive Landscape And Company Profiles
34. Healthcare Mobility Solutions Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Healthcare Mobility Solutions Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on healthcare mobility solutions market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for healthcare mobility solutions? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Product type: Mobile Devices; Mobile Applications; Enterprise mobility platforms; Other Product Types 2) By Applications: Enterprise Solutions; mHealth Applications; Other Applications 3) By End User: Payers; Providers; Hospitals; Laboratories; Patients; Other End-Users
- Companies Mentioned: Oracle Corporation; SAP SE; McKesson Corporation; Cerner Corporation; Zebra Technologies
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Oracle Corporation
- SAP SE
- McKesson Corporation
- Cerner Corporation
- Zebra Technologies
- Philips Healthcare
- AT&T Inc.
- Cisco Systems Inc.
- Omron Corporation
- Airstrip Technologies Inc.
- Hewlett-Packard Company
- IBM Corporation
- Wipro Limited
- Microsoft Inc.
- Honeywell International Inc.
- Qualcomm Inc.
- Verizon Communications Inc.
- General Electric Company
- Express Scripts Holding Company
- Netsmart Technologies Inc.
- Datamation Systems
- Pioneer Solution
- emocha Mobile Health
- MEDITECH Plc
- GreatCall Inc.
- Pager Inc.
- Barcoding Inc.
- Onyx Ltd.
- AngelEye Health
- ARGO Group
- Eddy Co.
- Pluto Health Inc.
- Solutionize Global Ltd.
- 1uphealth Inc.
- Apple Inc.
- Medtronic Inc.
- Siemens AG
Methodology
LOADING...