The Global Wireless Health Market is estimated to grow at a CAGR of 20.1% from 2018 to 2023.
GLOBAL WIRELESS HEALTH MARKET was valued at USD 42.9 Billion in the year 2017.
North America region holds the highest market share in 2017. While Asia Pacific region is considered as the fastest growing market in the forecasted period with growing healthcare industry as the major driving factor.
The U.S. is the major market in 2017 at country level and it is further anticipated to grow at a steady pace in the next 5 years.
Philips Healthcare (U.S.), Qualcomm, Inc. (U.S.), Allscripts Healthcare Solutions, Inc.
(U.S.), AT &T, Inc. (U.S.), Siemens AG (Germany) and Verizon Communications, Inc. (U.S) are some of the key players in the Global Wireless Health Market.
Acquisitions, collaboration, and new product development are their key business strategy to gain market share.
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Growing wireless communication and network industry
Emerging wearable device market
Increasing Technological adoption
The high cost of a launched wearable device
The absence of high internet network in developing and underdeveloped countries
Lack of skilled professionals
Emerging IT industry and healthcare awareness
Investments in R&D for wireless health
Data Security and safety
By basis of components, the wireless health market is segmented into hardware, software, and services. The software segment holds the highest market share amongst all other components in 2017.
On the other hand, WPAN technology market segment for wireless health market holds accounts for largest share and is expected to grow at the highest CAGR during the year 2018-2023.
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Key Benefits for Stakeholders
Healthcare IT Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Patient Communication and Support
Key Market Players
Siemens AG (Germany)
AT &T, Inc. (U.S.)
GE Healthcare (U.S)
Koninklijke Philips N.V. (U.S.)
Qualcomm, Inc. (U.S.)
Allscripts Healthcare Solutions, Inc. (U.S.)
Verizon Communications, Inc. (U.S.)
Polar Electro (UK)
McKesson Corporation (U.S)
Omron Corporation (Japan)
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