Healthcare Mobility Solutions Market Overview
Healthcare mobility solutions are a part of the healthcare system that aims at providing maximum benefits to patients. This is a result of a holistic change that the healthcare sector experienced due to the technological implementations.
Market Research Future (MRFR) expects the healthcare mobility solutions market to perform exuberantly at a high growth rate of XX% during the forecast period (2018-2022). The entire process reduces the operation cost which has garnered substantial acknowledgment from various hospitals and healthcare service providers.
Global Industry Segmentation
The worldwide healthcare mobility solutions market has been segmented based on product and service type, application, and end-user.
The types of product and service are mobile devices, mobile apps, and enterprise mobility platform.
With respect to application, the market is considered for mHealth, enterprise mobility management including patient care management, employee management, & administration management, and others.
The end users in the market are hospital/clinics, laboratories, patients, and others.
Significant Companies
Codecube, Cisco Systems, Inc., FuGenX Technologies, Zebra Technologies Corporation, Infosys limited, At&T, Inc., Mckesson Corporation, Omron Corporation, Oracle Corporation, FUTURA MOBILITY LLC, SAP SE, Wipro Limited, Philips Healthcare, Cerner Corporation, Airstrip Technologies, Inc., [x]cube LABS, are some of the esteemed companies shaping the worldwide healthcare mobility solutions market.
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Industry Trends
Improved Data Transfer and Connectivity
5G is right on the horizon, the next generation of mobile internet technology. This technology promises better internet speeds and highly reliable connections through smartphones and other devices. It is also expected to revolutionize the field of telemedicine, connecting the Internet of Medical Things (IoMT) devices by establishing seamless connectivity. These factors ensure smooth connectivity at the time of video consultations, in addition, to easily share data files.
Cloud Computing
Cloud systems with mobile apps containing secure links allow healthcare professionals to get access to EHRs whenever they want. Health Insurance Portability and Accountability Act or HIPAA-compliant mobile device management strategies are predicted to gain traction among healthcare professionals. These strategies are noting quick adoption as they ensure that patient data security is maintained, and access to real-time patient data is always provided to the healthcare professionals.
Growth Drivers and Key Barriers
Since the time enterprise mobility solution hit the worldwide market, the healthcare industry had been one of the earliest embracers. The latter was also among the first few to make use of this solution, benefitting from various mobile applications as well as mobile devices. Apart from this, increasing appeal with respect to quality, preciseness, less consumption of time, and connectivity of healthcare service have solidified the healthcare mobility solutions market’s foundation further.
Smart mobile apps let patients interact with medical professionals quickly. Healthcare mobility solutions help doctors and patients in monitoring their health, resulting in exchange of reports without much hassle.
With that said, the market could take a hit due to high funding needed for research and development in this field. To counter this, vendors are striving to develop technologies that can bring down the cost of development as well as implementation of healthcare mobility solutions.
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Recent Developments
June 2019: Bangalore Baptist Hospital (India) has come up with an initiative, which will provide medical equipment, mobility devices and support along with various other aids at cheap cost. Many families in the area are not able to afford mobility aids, which led to the germination of this initiative.
Regional Insight
The key markets for healthcare mobility solutions include Europe, Asia Pacific (APAC), North America, and the Middle East & Africa.
North America leads the global healthcare mobility solutions market with the largest share. The superlative performance of the regional market has been the result of the high number of smartphone users in the region. Also, higher use of online services is projected to work in favor of the market in the ensuing years.
Europe stands as the second-most profitable market at a global level, owing to keen consumer interest in these solutions. Subsequently, the region notes quick adoption rate of healthcare mobility solutions, including wearable technologies like bands and watches.
APAC healthcare mobility solutions market is majorly concentrated in India, Japan, China, Australia, and South Korea. The market’s growth is sustained by the rising number of healthcare systems such as clinics, hospitals, nursing homes, along with other ambulatory care settings. Plus, the increasing prevalence of chronic diseases as well as disorders in the region could lead the healthcare mobility solutions market to greater heights globally.
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