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Wireless Health Market by Component (Hardware, Software, & Services), by Technology (WLAN/Wi-Fi, WPAN, WiMAX and WWAN), by Application (Patient-specific, Patient Communication and Support, Physiological Monitoring and Provider/Payer-specific) by End-User (Providers, Payers and Patients/Individuals): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022

Published Date: 14-Dec-2017 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-26 Status : Published

Global Wireless Health market expected to reach USD 142.48 billion by 2022, growing at a CAGR of 21% between 2017 and 2022.

Description

The Wireless Health market report includes comprehensive and profound analysis on the global and regional level. The report gives historic data of 2014 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study comprises drivers, restraints, and opportunities for the Wireless Health market along with the impact on the demand over the forecast period.

The report provides a complete view of the wireless health market and encompasses detailed type portfolio and strategic developments of key vendors. To know the competitive landscape of the Wireless Health market, an analysis of Porter’s five forces model is done. The study cover market attractiveness analysis, in which type segments are specialized based on the market size, growth rate, and attractiveness.

The report provides a crucial view of the wireless health market by segmenting the market based on component, technology, application, end-user, and region. Based on the component the wireless health market is segmented into hardware, software, and services. Based on technology the wireless health device market is segmented into WLAN/Wi-Fi, WPAN, WiMAX, and WWAN. Based on the application the wireless health device market is segmented into patient-specific, patient communication and support, physiological monitoring and provider/payer-specific. On the basis of end-user, it is categorized into; Providers, Payers and Patients/Individuals. All the segments have been analyzed based on existing and future trends and the market is projected from 2017 to 2022. 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.

The report presents comprehensive competitive outlook with company profiles of the key players operating in the global market. Key participants profiled in the report include 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.

This report segments the wireless health market as follows:

Global Wireless Healthcare Market: Component Segment Analysis

  • Software
  • Hardware
  • Services

Global Wireless Healthcare Market: Technology Segment Analysis

  • WLAN/Wi-Fi
  • WPAN
  • WiMAX
  • WWAN

Global Wireless Healthcare Market: Application Segment Analysis

  • Patient-specific
  • Patient Communication and Support
  • Physiological Monitoring
  • Provider/Payer-specific

Global Wireless Healthcare Market: End-User Segment Analysis

  • Providers
  • Payers
  • Patients/Individuals

Global Wireless Healthcare Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and 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

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.

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