Wireless Health Market - Global Industry Analysis

Wireless Health Market By Technology (Wireless Personal Area Network (WPAN), Wi-Fi, Worldwide Interoperability for Microwave Access (WiMAX), and Wireless Wide Area Network (WWAN)), By Component (Hardware, Software, and Services), By Application (Hospitals & Nursing Homes, Home Care, and Pharmaceuticals), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 07-Mar-2022 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-26 Status : Published

The global wireless health market was worth around USD 111.23 billion in 2021 and is estimated to grow to about USD 343.45 billion by 2028, with a compound annual growth rate (CAGR) of approximately 20.4 percent over the forecast period.

Description

Wireless Health Market Industry Prospective:

The global wireless health market was worth around USD 111.23 billion in 2021 and is estimated to grow to about USD 343.45 billion by 2028, with a compound annual growth rate (CAGR) of approximately 20.4 percent over the forecast period. The report analyzes the wireless health market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the wireless health market.

Wireless Health Market: Overview

Wireless health is a cutting-edge practice that combines conventional health with wireless technology to treat, diagnose, and monitor patients, as well as to improve their overall well-being. It is mostly used for telemedicine, which is utilized to treat patients who are digitally linked to a doctor via video conferencing and who live in places where healthcare services are not readily available. Medical care is connected to suppliers of a sensor, wireless network service providers, hardware systems, enterprise data management groups, and technology developers through wireless health. Wearable gadgets, for example, are applications of wireless health that focus on rehab, early illness identification, and personal health status.

Global wireless health market

COVID-19 Impact:

The COVID-19 pandemic significantly triggered the demand for wireless health. The increasing load on healthcare facilities and the rising burden for routine checkups & treatments significantly increased the need for wireless health. Additionally, most of the patients preferred to consult doctors through healthcare apps during the pandemic period to avoid hospital-acquired infections. Besides, many doctors supported to diagnose and treat patients through remote consultations. All these factors significantly increased the revenue inflow for the global wireless health market during the pandemic period.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Wireless Health Market: Growth Drivers

Wireless Health Market: Penetration of internet and wireless communication technology is driving the market growth

Increased use of the smartphone has changed the perspective of healthcare professionals. Instead of being distracted by time-consuming administrative procedures, healthcare providers in a connected hospital employ wireless medical devices to offer the highest quality of care to patients. Doctors and nurses can readily access up-to-date patient information, allowing them to make treatment decisions based on real-time medical data, resulting in better patient outcomes. The market is also driven by wearable devices for continuous monitoring. Medical equipment and diagnostic centers are experimenting with body-worn sensors that can monitor vital signs and send them in real-time to an internet platform that can be accessed remotely, thanks to the spread of smartphones and the acceptance of wearable gadgets.

Wireless Health Market: Restraints

Wireless Health Market: Concerns about data privacy and cybersecurity may limit the market expansion.

Nearly millions of patients are using wireless health to obtain rapid results remotely. However, such vast data with patient history, treatment, and outcomes are volatile to data piracy. Because large volumes of healthcare data are collected over the course of treatment in medical institutions such as hospitals and clinics, data theft might jeopardize patients' privacy. Cyberattacks are the biggest threat for any wireless applications as they can be hacked and used by unauthorized firms or groups, which is also contributing to the slow growth of the market.

Wireless Health Market: Opportunities

Wireless Health Market: IoT in the healthcare sector to increase usage of wireless health.

Internet of Things has the potential to transform the sector significantly, as its applications are easy to adopt and understand. Like many other industries, the Internet of Things (IoT) has aided the expansion of healthcare IT, which has necessitated the creation of a connected medical environment. In the event of unavailability, wireless network solutions aid the healthcare business by allowing physicians to access data offsite to direct diagnostics.

Wireless Health Market: Challenges.

Wireless Health Market: 24/7 operational medical sector with no downtime for network maintenance poses the biggest challenge for market.

Continuous patient flow and emergency treatments push the medical sector to function 24/7. It is important that the wireless functions remain operative during critical care. However, this could cause less attention to network maintenance and result in a shutdown of wireless operations. 

Wireless Health Market: Segmentation

The global wireless health market is segregated based on component, technology, application, and region. The component segment of the market is categorized into software, hardware, and services. Among these, the software segment contributes a major revenue share of about 41 percent. Based on technology, the market is bifurcated into Wireless Wide Area Network (WWAN), Worldwide Interoperability for Microwave Access (WiMAX), Wi-Fi, and Wireless Personal Area Network (WPAN). The application segment is divided into pharmaceuticals, home care, and hospitals & nursing homes. The home care segment is likely to register the highest CAGR by the projected period.

Recent Developments

  • In December 2021, AT&T, Qure4u, and Samsung formed an alliance to provide remote patient monitoring for high-risk patients using FirstNet®.
  • In March 2021, General Electric announced the release of Vscan Air, new wireless, hand-held ultrasound gadget designed to help the corporation gain a competitive edge in the booming market.

Regional Landscape

North America holds the dominant share of 40 % in the global wireless health market. This is attributed to a well-established healthcare infrastructure, a large number of smartphone users, and increasing adoption of remote healthcare. Increased awareness and adoption of remote/telehealth in the United States contribute to the largest share of the country in the regional market. The Healthcare sector in Canada is one of the best in the world; also it is rapidly adopting newer technologies. Due to this, the country is expected to grow at a rapid rate in the regional market. The Asia Pacific is one of the largest healthcare markets in the world and is expected to offer excellent growth opportunities for the wireless health market.

Competitive Landscape

Qualcomm, Philips Healthcare, Motorola Solutions Inc., Cisco Systems Inc., AT&T Inc., Allscripts Healthcare Solutions Inc., Aerohive Networks Inc., Apple Inc., Verizon Communication Inc., and Samsung Group are some of the major players that are operating in the global wireless health market.

The global wireless health market is segmented as follows:

Global Wireless Health Market By Technology

  • Wireless Personal Area Network (WPAN)
  • Wi-Fi
  • Worldwide Interoperability for Microwave Access (WiMAX)
  • Wireless Wide Area Network (WWAN)

By Component

  • Hardware
  • Software
  • Services

By Application

  • Hospitals and Nursing Homes
  • Home Care
  • Pharmaceuticals
  • Other

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global market revenue, 2014-2022 (USD Billion)
    • 2.2. Global Wireless Health market: Snapshot
  • Chapter 3. Wireless Health Market – Global and Industry Analysis
    • 3.1. Wireless Health Market: Market dynamics
    • 3.2. Market drivers
      • 3.2.1. Drivers of global wireless health market: Impact analysis
      • 3.2.2. Decreasing costs of electronics
      • 3.2.3. Increasing chronic aging population
      • 3.2.4. Increasing emergence towards wearable devices
    • 3.3. Market restraints
      • 3.3.1. Restraints of wireless health market: Impact analysis
      • 3.3.2. High initial cost of wearable devices
      • 3.3.3. Lack of skilled professionals
    • 3.4. Opportunities
      • 3.4.1. Research & development for Wireless Health
      • 3.4.2. Technological advancements
    • 3.5. Porter’s five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by component
      • 3.6.2. Market attractiveness analysis by technology
      • 3.6.3. Market attractiveness analysis by application
      • 3.6.4. Market attractiveness analysis by end-user
      • 3.6.5. Market attractiveness analysis by region
  • Chapter 4. Global Wireless Health Market - Competitive Landscape
    • 4.1. Company market share, 2015
      • 4.1.1. Global Wireless Health market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Type and Regional Expansion
  • Chapter 5. Global Wireless Health Market –Component Analysis
    • 5.1. Global Wireless Health market: Component overview
      • 5.1.1. Global Wireless Health market revenue share, by component, 2014-2022
    • 5.2. Software
      • 5.2.1. Global wireless health software market, 2014-2022 (USD Billion)
    • 5.3. Hardware
      • 5.3.1. Global wireless health hardware market , 2014-2022 (USD Billion)
    • 5.4. Services
      • 5.4.1. Global wireless health services market , 2014-2022 (USD Billion)
  • Chapter 6. Global Wireless Health Market –Technology Analysis
    • 6.1. Global Wireless Health market: Component overview
      • 6.1.1. Global Wireless Health market revenue share, by component, 2014-2022
    • 6.2. WLAN/Wi-Fi
      • 6.2.1. Global wireless health WLAN/Wi-Fi market, 2014-2022 (USD Billion)
    • 6.3. WPAN
      • 6.3.1. Global wireless health WPAN market , 2014-2022 (USD Billion)
    • 6.4. WiMAX
      • 6.4.1. Global wireless health WiMAX market , 2014-2022 (USD Billion)
    • 6.5. WWAN
      • 6.5.1. Global wireless health WWAN market, 2014-2022 (USD Billion)
  • Chapter 7. Global Wireless Health Market –Application Analysis
    • 7.1. Global Wireless Health market: Application overview
      • 7.1.1. Global Wireless Health market revenue share, by application, 2014-2022
    • 7.2. Patient-specific
      • 7.2.1. Global Wireless Health market for patient-specific, 2014-2022 (USD Billion)
    • 7.3. Patient communication and support
      • 7.3.1. Global Wireless Health market for patient communication and support, 2014-2022 (USD Billion)
    • 7.4. Physiological Monitoring
      • 7.4.1. Global wireless health market for physiological monitoring, 2014-2022 (USD Billion)
    • 7.5. Provider/Payer-specific
      • 7.5.1. Global wireless health market for provider/payer-specific, 2014-2022 (USD Billion)
  • Chapter 8. Global Wireless Health Market – End-User Analysis
    • 8.1. Global Wireless Health market: End-user overview
      • 8.1.1. Global Wireless Health market revenue share, by end-user, 2014-2022
    • 8.2. Providers
      • 8.2.1. Global Wireless Health market for providers, 2014-2022 (USD Billion)
    • 8.3. Payers
      • 8.3.1. Global Wireless Health market for payers, 2014-2022 (USD Billion)
    • 8.4. Patients/Individuals
      • 8.4.1. Global Wireless Health market for patients/individuals, 2014-2022 (USD Billion)
  • Chapter 9. Global Wireless Health Market – Regional Analysis
    • 9.1. Global building material market: Regional overview
      • 9.1.1. Global wireless health market revenue share by region, 2014-2022
    • 9.2. North America
      • 9.2.1. North America wireless health market revenue, by component, 2014-2022 (USD Billion)
      • 9.2.2. North America wireless health market revenue, by technology, 2014-2022 (USD Billion)
      • 9.2.3. North America wireless health market revenue, by application, 2014-2022 (USD Billion)
      • 9.2.4. North America wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.2.5. U.S.
        • 9.2.5.1. U.S. wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.2.5.2. U.S. Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.2.5.3. U.S. wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.2.5.4. U.S. wireless health market revenue, by end-user, 2014-2022 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Europe wireless health market revenue, by component, 2014-2022 (USD Billion)
      • 9.3.2. Europe Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
      • 9.3.3. Europe wireless health market revenue, by application, 2014-2022 (USD Billion)
      • 9.3.4. Europe wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.3.5. U.K.
        • 9.3.5.1. U.K. wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.3.5.2. U.K. Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.3.5.3. U.K. wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.3.5.4. U.K. wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.3.6. France
        • 9.3.6.1. France wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.3.6.2. France Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.3.6.3. France wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.3.6.4. France wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.3.7. Germany
        • 9.3.7.1. Germany wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.3.7.2. Germany Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.3.7.3. Germany wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.3.7.4. Germany wireless health market revenue, by end-user, 2014-2022 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific wireless health market revenue, by component, 2014-2022 (USD Billion)
      • 9.4.2. Asia Pacific Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
      • 9.4.3. Asia Pacific wireless health market revenue, by application, 2014-2022 (USD Billion)
      • 9.4.4. Asia Pacific wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.4.5. China
        • 9.4.5.1. China wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.4.5.2. North America Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.4.5.3. China wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.4.5.4. China wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.4.6. India
        • 9.4.6.1. India wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.4.6.2. India wireless health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.4.6.3. India wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.4.6.4. India wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.4.7. Japan
        • 9.4.7.1. Japan wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.4.7.2. Japan Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.4.7.3. Japan wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.4.7.4. Japan wireless health market revenue, by end-user, 2014-2022 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America wireless health market revenue, by component, 2014-2022 (USD Billion)
      • 9.5.2. Latin America Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
      • 9.5.3. Latin America wireless health market revenue, by application, 2014-2022 (USD Billion)
      • 9.5.4. Latin America wireless health market revenue, by end-user, 2014-2022 (USD Billion)
      • 9.5.5. Brazil
        • 9.5.5.1. Brazil wireless health market revenue, by component, 2014 – 2022(USD Billion)
        • 9.5.5.2. Brazil Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
        • 9.5.5.3. Brazil wireless health market revenue, by application, 2014-2022 (USD Billion)
        • 9.5.5.4. Brazil wireless health market revenue, by end-user, 2014-2022 (USD Billion)
    • 9.6. Middle East and Africa
      • 9.6.1. Middle East and Africa wireless health market revenue, by component, 2014-2022 (USD Billion)
      • 9.6.2. Middle East and Africa Wireless Health market revenue, by technology, 2014-2022 (USD Billion)
      • 9.6.3. Middle East and Africa wireless health market revenue, by application, 2014-2022 (USD Billion)
      • 9.6.4. Middle East and Africa wireless health market revenue, by end-user, 2014-2022 (USD Billion)
  • Chapter 10. Company Profile
    • 10.1. Siemens AG
      • 10.1.1. Financials
      • 10.1.2. Component portfolio
      • 10.1.3. Business strategy
      • 10.1.4. Recent developments
    • 10.2. Omron Corporation
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Component portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
    • 10.3. AT &T, Inc.
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Component portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
    • 10.4. GE Healthcare
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Component portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
    • 10.5. Verizon Communications Inc.
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Component portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
    • 10.6. Koninklijke Philips N.V.
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Component portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
    • 10.7. Polar Electro
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Component portfolio
      • 10.7.4. Business strategy
      • 10.7.5. Recent developments
    • 10.8. Nihon Kohden
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Component portfolio
      • 10.8.4. Business strategy
      • 10.8.5. Recent developments
    • 10.9. Mckesson Corporation
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Component portfolio
      • 10.9.4. Business strategy
      • 10.9.5. Recent developments
    • 10.10. Cerner Corporation
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Component portfolio
      • 10.10.4. Business strategy
      • 10.10.5. Recent developments

Table Of Figures

List of Figures 

1. Global wireless health market segmentation
2. Global wireless health market revenue, 2014-2022 (USD Billion) 
3. Global wireless health: Market attractiveness analysis, by component
4. Global wireless health: Market attractiveness analysis, by technology
5. Global wireless health: Market attractiveness analysis, by application
6. Global wireless health: Market attractiveness analysis, by end-user
7. Global wireless health: Market attractiveness analysis, by region 
8. Global wireless health market : Company market share, 2015 
9. Global wireless health market revenue share by component, 2014-2022
10. Global wireless health software market, 2014-2022
11. Global wireless health hardware market, 2014-2022 (USD Billion) 
12. Global wireless health services market, 2014-2022 (USD Billion) 
13. Global wireless health market revenue share by technology, 2014-2022
14. Global wireless health WLAN/Wi-Fi market, 2014-2022
15. Global wireless health WPAN market, 2014-2022 (USD Billion) 
16. Global wireless health WiMAX market, 2014-2022 (USD Billion)
17. Global wireless health WWAN market, 2014-2022 (USD Billion) 
18. Global wireless health market revenue share by application, 2014-2022
19. Global wireless health market for Patient-specific, 2014-2022 (USD Billion) 
20. Global wireless health market for patient communication and support, 2014-2022 (USD Billion)
21. Global wireless health market for physiological monitoring, 2014-2022 (USD Billion)
22. Global wireless health market for provider/payer-specific, 2014-2022 (USD Billion) 
23. Global wireless health market revenue share by end-user, 2014-2022(USD Billion)
24. Global wireless health market of providers, 2014-2022 (USD Billion)
25. Global wireless health market of payers 2014-2022 (USD Billion)
26. Global wireless health market of patients/individuals 2014-2022 (USD Billion)
27. Global wireless health market revenue share by region, 2014-2022
28. North America wireless health market revenue by component, 2014-2022 (USD Billion)
29. North America wireless health market revenue by technology, 2014-2022 (USD Billion)
30. North America wireless health market revenue by application, 2014-2022 (USD Billion)
31. North America wireless health market revenue by end-user, 2014-2022 (USD Billion)
32. U.S. wireless health market revenue by component, 2014-2022 (USD Billion)
33. U.S. wireless health market revenue by technology, 2014-2022 (USD Billion)
34. U.S. wireless health market revenue by application, 2014-2022 (USD Billion)
35. U.S. wireless health market revenue by end-user, 2014-2022 (USD Billion)
36. Europe wireless health market revenue by component, 2014-2022 (USD Billion)
37. Europe wireless health market revenue by technology, 2014-2022 (USD Billion)
38. Europe wireless health market revenue by application, 2014-2022 (USD Billion)
39. Europe wireless health market revenue by end-user, 2014-2022 (USD Billion)
40. U.K. wireless health market revenue by component, 2014-2022 (USD Billion)
41. U.K. wireless health market revenue by technology, 2014-2022 (USD Billion)
42. U.K. wireless health market revenue by application, 2014-2022 (USD Billion)
43. U.K. wireless health market revenue by end-user, 2014-2022 (USD Billion)
44. France wireless health market revenue by component, 2014-2022 (USD Billion)
45. France wireless health market revenue by technology, 2014-2022 (USD Billion)
46. France wireless health market revenue by application, 2014-2022 (USD Billion)
47. France wireless health market revenue by end-user, 2014-2022 (USD Billion)
48. Germany wireless health market revenue by component, 2014-2022 (USD Billion)
49. Germany wireless health market revenue by application, 2014-2022 (USD Billion)
50. Germany wireless health market revenue by technology, 2014-2022 (USD Billion)
51. Germany wireless health market revenue by end-user, 2014-2022 (USD Billion)
52. Asia Pacific wireless health market revenue by component, 2014-2022 (USD Billion)
53. Asia pacific wireless health market revenue by technology, 2014-2022 (USD Billion)
54. Asia Pacific wireless health market revenue by application, 2014-2022 (USD Billion)
55. Asia Pacific wireless health market revenue by end-user, 2014-2022 (USD Billion)
56. China wireless health market revenue by component, 2014-2022 (USD Billion)
57. China wireless health market revenue by technology, 2014-2022 (USD Billion)
58. China wireless health market revenue by application, 2014-2022 (USD Billion)
59. China wireless health market revenue by end-user, 2014-2022 (USD Billion)
60. India wireless health market revenue by component, 2014-2022 (USD Billion)
61. India wireless health market revenue by technology, 2014-2022 (USD Billion)
62. India wireless health market revenue by application, 2014-2022 (USD Billion)
63. India wireless health market revenue by end-user, 2014-2022 (USD Billion)
64. Japan wireless health market revenue by component, 2014-2022 (USD Billion)
65. Japan wireless health market revenue by application, 2014-2022 (USD Billion)
66. Japan wireless health market revenue by technology, 2014-2022 (USD Billion)
67. Japan wireless health market revenue by end-user, 2014-2022 (USD Billion)
68. Latin America wireless health market revenue by component, 2014-2022 (USD Billion)
69. Latin America wireless health market revenue by application, 2014-2022 (USD Billion)
70. Latin America wireless health market revenue by technology, 2014-2022 (USD Billion)
71. Latin America wireless health market revenue by end-user, 2014-2022 (USD Billion)
72. Brazil wireless health market revenue by component, 2014-2022 (USD Billion)
73. Brazil wireless health market revenue by technology, 2014-2022 (USD Billion)
74. Brazil wireless health market revenue by application, 2014-2022 (USD Billion)
75. Brazil wireless health market revenue by end-user, 2014-2022 (USD Billion)
76. Middle East And Africa wireless health market revenue by component, 2014-2022 (USD Billion)
77. Middle East and Africa wireless health market revenue by technology, 2014-2022 (USD Billion)
78. Middle East And Africa wireless health market revenue by application, 2014-2022 (USD Billion)
79. Middle East And Africa wireless health market revenue by end-user, 2014-2022 (USD Billion)


Table Of Tables

List of Tables

1. Global wireless health market estimates and forecast, 2014-2022 (USD Billion) 
2. Global wireless health market, by component, 2014-2022 (USD Billion)
3. Global wireless health market, by technology, 2014-2022 (USD Billion) 
4. Global wireless health market, by application, 2014-2022 (USD Billion) 
5. Global wireless health market, by end-user, 2014-2022 (USD Billion) 
6. Global wireless health market – Key market driver analysis
7. Global wireless health market– Key market restraint analysis
8. North America wireless health market revenue, by component, 2014-2022 (USD Billion)
9. North America wireless health market revenue, by technology, 2014-2022 (USD Billion)
10. North America wireless health market revenue, by application, 2014-2022 (USD Billion)  
11. North America wireless health market revenue, by end-user, 2014-2022 (USD Billion)  
12. U.S. wireless health market revenue by component, 2014-2022 (USD Billion)
13. U.S. wireless health market revenue, by technology, 2014-2022 (USD Billion)
14. U.S. wireless health market revenue by application, 2014-2022 (USD Billion)
15. U.S. wireless health market revenue by end-user, 2014-2022 (USD Billion)
16. Europe wireless health market revenue, by component, 2014-2022 (USD Billion)
17. Europe wireless health market revenue, by technology, 2014-2022 (USD Billion)
18. Europe wireless health market revenue, by application, 2014-2022 (USD Billion)
19. Europe wireless health market revenue, by end-user, 2014-2022 (USD Billion)  
20. U.K. wireless health market revenue by component, 2014-2022 (USD Billion)
21. U.K. wireless health market revenue, by technology, 2014-2022 (USD Billion)
22. U.K. wireless health market revenue by application, 2014-2022 (USD Billion)
23. U.K. wireless health market revenue by end-user, 2014-2022 (USD Billion)
24. France wireless health market revenue by component, 2014-2022 (USD Billion)
25. France wireless health market revenue, by technology, 2014-2022 (USD Billion)
26. France wireless health market revenue by application, 2014-2022 (USD Billion)
27. France wireless health market revenue by end-user, 2014-2022 (USD Billion)
28. Germany wireless health market revenue by component, 2014-2022 (USD Billion)
29. Germany wireless health market revenue, by technology, 2014-2022 (USD Billion)
30. Germany wireless health market revenue by application, 2014-2022 (USD Billion)
31. Germany wireless health market revenue by end-user, 2014-2022 (USD Billion)
32. Asia Pacific wireless health market revenue, by component, 2014-2022 (USD Billion)
33. Asia Pacific wireless health market revenue, by technology, 2014-2022 (USD Billion)
34. Asia Pacific wireless health market revenue, by application, 2014-2022 (USD Billion)
35. Asia Pacific wireless health market revenue, by end-user, 2014-2022 (USD Billion) 
36. China wireless health market revenue by component, 2014-2022 (USD Billion)
37. China wireless health market revenue, by technology, 2014-2022 (USD Billion)
38. China wireless health market revenue by application, 2014-2022 (USD Billion)
39. China wireless health market revenue by end-user, 2014-2022 (USD Billion)
40. India wireless health market revenue by component, 2014-2022 (USD Billion)
41. India wireless health market revenue, by technology, 2014-2022 (USD Billion)
42. India wireless health market revenue by application, 2014-2022 (USD Billion)
43. India wireless health market revenue by end-user, 2014-2022 (USD Billion)
44. Japan wireless health market revenue by component, 2014-2022 (USD Billion)
45. Japan wireless health market revenue, by technology, 2014-2022 (USD Billion)
46. Japan wireless health market revenue by application, 2014-2022 (USD Billion)
47. Japan wireless health market revenue by end-user, 2014-2022 (USD Billion)
48. Latin America wireless health market revenue, by component, 2014-2022 (USD Billion)
49. Latin America wireless health market revenue, by technology, 2014-2022 (USD Billion) 
50. Latin America wireless health market revenue, by application, 2014-2022 (USD Billion)
51. Latin America wireless health market revenue, by end-user, 2014-2022 (USD Billion)
52. Brazil wireless health market revenue by Component, 2014-2022 (USD Billion)
53. Brazil wireless health market revenue, by technology, 2014-2022 (USD Billion)
54. Brazil wireless health market revenue by application, 2014-2022 (USD Billion)
55. Brazil wireless health market revenue by end-user, 2014-2022 (USD Billion)
56. Middle East and Africa wireless health market revenue, by component, 2014-2022 (USD Billion)
57. Middle East and Africa wireless health market revenue, by technology, 2014-2022 (USD Billion)
58. Middle East and Africa wireless health market revenue, by application, 2014-2022 (USD Billion)
59. Middle East and Africa wireless health market revenue, by end-user, 2014-2022 (USD Billion) 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Wireless Health market. Zion Research has collected and analyzed key data belong to the global Wireless Health market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Wireless Health across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Wireless Health industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Wireless Health market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Wireless Health market is expected to witness a significant growth owing to its applications to improve the delivery, quality, timeliness, and availability, as well as to reduce the total or life cycle costs of health care. These costs are being driven by the combination of aging populations and rising demands for the use of increasingly expensive technology, as well as the spread of chronic conditions such as diabetes and cardiovascular diseases. For example, as per the Population Health Management; diabetes will remain a major health crisis in America, in spite of medical advances and prevention efforts. The prevalence of diabetes (type 2 diabetes and type 1 diabetes) will increase by 54% to more than 54.9 million Americans between 2015 and 2030; annual deaths attributed to diabetes will climb by 38% to 385,800; and total annual medical and societal costs related to diabetes will increase 53% to more than $622 billion by 2030. The major advantage of the wireless health is to promote the extension of care beyond hospitals, clinics and doctors’ offices to patients’ homes and other locations for the better connectivity and communication between patients and their care providers. Another capability of growing interest for wireless medical devices is image transfer. Applications such as remote monitoring, remote supervision of surgical operations, and point-of-care solutions require high integrity transmission of still and video images, intelligent compression algorithms and techniques to identify the useful data and avoidance of unwanted, i.e. misleading artifacts.

With the increasing number of geriatric population coupled with the need of continuous health monitoring is the major driving factor for the demand of wireless health. In addition, innovative advancements in wireless communication technologies and increasing adoption of the utilization of wireless connected devices in the management of chronic diseases are also expected to supplement the growth in this market within the forecast period. Furthermore, increasing penetration of internet is also expected to boost the growth in wireless health market. However, the high initial cost of wearable health devices, dearth of well trained & skilled professionals and Tortuous and expensive paths for introducing wireless innovations into healthcare products and services, such as those involving FDA approval can hamper the growth in this market within the forecast period. In spite of these restraints, technological advancements to develop new innovative wireless health devices can be an opportunity in this market within the forecast period.

Global-Wireless-Health-Market.png

On the basis of the component, the global wireless health market is categorized into; software, hardware and services. In this segment, software has dominated by accounting for the largest share of the global market in 2016. Major growth driver for the demand of software includes rising adoption of healthcare IT solutions. On the basis of technology, wireless health market segment is categorized into WLAN/Wi-Fi, WPAN, WiMAX and WWAN.

On the basis of application, Wireless Health market segment is categorized into patient-specific, patient communication and support, physiological monitoring and provider/payer-specific. The application segment is expected to dominate by patient-specific application owing to increasing awareness and adoption of wireless devices. An end-user segment of the wireless health market includes the: providers, payers and patients/individuals.  

The regional segmentation includes the present and forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East and Africa with its further bifurcation into major countries including China, Japan, India, U.S. Germany, France, UK, and Brazil. North America has accounted for largest share of this market in 2016 and is expected to witness the fastest growth in global wireless health market in coming five years. Major driving factors of this market in this region are government initiatives such as the Affordable Care Act.

Europe is expected to attribute for the second largest position in this market within the forecast period due to the more inclination towards developing new innovative healthcare technologies. Asia Pacific is expected to be one of the attractive markets for wireless health within the forecast period owing to the increasing awareness about wireless devices and improving healthcare infrastructure. Latin America and Middle East and Africa are expected to show a positive growth in this market in the coming five years.

Some of the key players of wireless health market such as Siemens A.G., Omron Corporation, AT &T, Inc., GE Healthcare, Verizon Communications, Inc., Koninklijke Philips N.V., Polar Electro, Nihon Kohden, Mckesson Corporation and Cerner Corporation among others.

Choose License Type

FrequentlyAsked Questions

Some of the primary factors that are bolstering the growth of the market include increasing use of smartphones, rising in internet penetration, and growing necessity for remote patient monitoring. In addition to this, the growing inclination of the geriatric population and their family members towards wireless health for patient care is also one of the key aspects that are fostering the growth of the global market.

 

According to the Zion Market Research report, the global wireless health market was worth about 111.23 (USD billion) in 2021 and is predicted to grow to around 343.45 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 20.4 percent.

North America holds the dominant share of 40 % in the global wireless health market. This is attributed to well-established healthcare infrastructure, a large number of smartphone users, and increasing adoption of remote healthcare. Increased awareness and adoption of remote/telehealth in the United States contribute to the largest share of the country in the regional market. Healthcare sector in Canada is one of the best in the world also it is rapidly adopting newer technologies. Due to this, the country is expected to grow at a rapid rate in the regional market

Qualcomm, Philips Healthcare, Motorola Solutions Inc., Cisco Systems Inc., AT&T Inc., Allscripts Healthcare Solutions Inc., Aerohive Networks Inc., Apple Inc., Verizon Communication Inc., and Samsung Group are some of the major players that are operating in the global wireless health market.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed