The global wireless health market is anticipated to grow at a significant CAGR of approx. 22.3% during the forecast period. Wireless health is an advanced technique that is mainly used for the treatment and monitoring of patients. The use of applications for chronic disease management, fitness tracking, supporting medication adherence, hamper hospital readmissions, symptom tracking, and managing mental & behavioural health are on the rise. Furthermore, the evolution of healthcare IT has been increased due to the interruption of the Internet of Things which helps the practitioners to access the file remotely and diagnose the patient in case of unavailability. As the heart disease rate is increasing rapidly the IoT system utilize algorithms for continuous ECG monitoring inpatient at the hospitals. In ECG monitoring, the system tracks the heart rate and identifies if there is an abnormal heart activity the data is transferred in real-time to mobile phones and the doctor’s clinic via the network.
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COVID-19 has a significant effect on the global wireless health market. The wireless health market grows due to a decrease in the population of people going to the hospital for treatment. Hospitals-acquired contaminations are the reason for many deaths and wireless health was reducing these risks. Digital health and telehealth have taken the major market share in the pandemic. COVID-19 pandemic has depicted the importance of remote diagnosis, care, and consultation. Many healthcare providers were working on video conferencing and telephone calls. It greatly reduces the burden on hospitals already flooded with COVID-19 patients. Medical IoT devices that live at home with patients are now being utilized for optimizing outpatient treatment and minimizing repeat visits.
The global wireless health market is segmented based on the technology, component, and end-users. Based on the technology, the market is segmented into WLAN/Wi-Fi, WPAN, WIMAX, and WWAN. Based on the component, the market is sub-segmented into the hardware and software & services. Based on the end-users, the market is sub-segmented into the providers, payers, and patients/individuals). Among this WPAN has shown growth in the global wireless market due to the advantages offered by WPAN. These technologies are user-friendly, secure, and affordable.
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Global Wireless Health Market Segmentation
By Technology
- WLAN/Wi-Fi
- WPAN
- WiMAX
- WWAN
By Component
- Hardware
- Software & Services
By End User
- Providers
- Payers
- Patients/Individuals
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Accenture plc
- ALE International SAS
- Allscripts Healthcare Solutions, Inc.
- AT&T Intellectual Property
- athenahealth, Inc.
- CompuGroup Medical
- Cerner Corp.
- Cisco Systems, Inc.
- Epic Systems Corp. (Epic)
- Evolent Health, Inc.
- EXTREME NETWORKS
- General Electric Co.
- HTD Health
- International Business Machines Corp.
- Infinera Corp.
- Intellectsoft LLC
- Koninklijke Philips N.V.
- Occucare International
- Omron Corp. (OMRON)
- Qualcomm Technologies, Inc.
- Softeq Development Corp.
- SoftClinic Software
- Topcon Corp.
- Verizon
- Vocera Communications
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