Wireless Health Market: Overview
The wireless health is an emerging development in the healthcare industry, which is transforming the traditional paper-based healthcare system into an updated advanced care system with an increased focus on the safety of the patients. The wireless health market provides the benefits of streamlining the workflows in the healthcare, provide the regulatory guidelines and reduction in the healthcare costs. The patients are made available with telemonitoring and the telemedicine with the help of e-health monitoring system using the wireless sensor market.
Wireless Health Market: Segmentation
The global wireless health market is globally segmented into its technology, component, application, end user and the regions. Based on the technology, the global market is categorized into WLAN/Wi-Fi, WiMAX, WPAN and the WWAN. The WPAN technology is further sub-segmented into ZigBee, Ant+, Z-wave, RFID, IPS, Bluetooth, ultra-wide band and RTLS. The WWAN is further sub-segmented into GPRS, GPS, 3G and 4G and the CDMA. Based on the component, the global market is segregated into services, software and hardware. On the basis of application, the global wireless health market is divided into physiological monitoring, provider/payer-specific, patient specific, patient communication and support. The end users which utilize the wireless health is the patients/individuals, providers and payers. Region wise, the global market is diversified into Asia Pacific, Europe, North America and Rest of the World.
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Wireless Health Market: Growth Factors
The overall growth in the global wireless health market can be attributed to the factors such as the increasing advancements in the technology of wireless communication, the rise in the utilization of the connected devices, the increasing penetration of the 3G and 4G networks in the services of the healthcare, the growing usage of the internet, the rise in the patient-centric approach by the providers of the healthcare and the mainstreaming of the cloud computing. The rise in the adoption of the wireless health devices by the patients that are suffering from the chronic illnesses and the federal mandates are the other factors that are affecting the growth of the wireless health market. The applications which are patient specific account the major share in the global wireless health market. The software segment is also growing rapidly.
Wireless Health Market: Regional Analysis
The Asia Pacific region is expected to witness the highest growth in the wireless health market. The factors that contribute to the market growth is the increasing internet penetration, the initiatives taken by the government, increasing population, the increasing medical tourism and the growing requirement for quality healthcare. The North American region also contributes a major share to the wireless health market followed by the European region. Thus, growth can be attributed to the increasing digital measures in the country Canada and the federal mandates in the US region.
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Wireless Health Market: Competitive Players
The major market players in the global wireless health market are Intel Corporation, Hewlett-Packard Company, Cerner Corporation, AT&T, Inc., Apple, Inc., Alcatel-Lucent SA, Vocera Communications, Inc., Siemens Healthcare, Research In Motion (Blackberry), Philips Healthcare, IBM Corporation, Cisco Systems, Inc., Brocade Communications Systems, Inc., Aruba Networks, Inc., Allscripts Healthcare Solutions, Inc., Aerohive Networks, Inc., Verizon Communications, Inc., Samsung Group, Qualcomm, Inc., Motorola Solutions, Inc. and Mckesson Corporation.
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