Healthcare mobility solutions market size will exceed US dollar

Ottawa, May 07, 2022 (GLOBE NEWSWIRE) — The world healthcare mobility solutions market was estimated to reach US$42.75 billion in 2021. Healthcare mobility solutions are gaining momentum over the forecast period. Products and services provided by healthcare mobility solutions include mobile devices, enterprise mobility platforms and mobile applications. Healthcare mobility solutions are applicable to mHealth and enterprise solutions. Payers, providers and patients are using healthcare mobility solutions at scale. One of the major drivers for the growth of the global healthcare mobility solutions market is the growing need for high-quality care in healthcare facilities. Additionally, the healthcare mobility solutions market is gaining popularity owing to the growing use of smartphones and laptops. Thus, technological advancements are driving the growth of the global healthcare mobility solutions market during the projected period.

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Additionally, healthcare mobility solutions are gaining traction due to the growing geriatric population around the world. Elderly people have started using healthcare mobility solutions or applications at a rapid rate, which is propelling the growth of the global healthcare mobility solutions market.

Report Highlights

  • Based on product and services, the mobile device segment dominated the global healthcare mobility solutions market in 2020 with the highest market share. This is attributed to the growing acceptance and adoption of mobiles, tablets and computers on a large scale.
  • Based on end use, the vendor segment dominated the global healthcare mobility solutions market in 2020 with the highest market share. Healthcare providers benefit from using healthcare mobility solutions. They can track and monitor patient health more accurately and precisely using mobility solutions for healthcare.

Report scope

Report attributes Details
Market size in 2021 $42.75 billion
CAGR 18.4% from 2022 to 2030
Revenue forecasts by 2028 $138.8 billion
Year of reference 2021
Forecast data 2022 to 2030
Companies covered McKesson Corporation, Oracle Corporation, Zebra Technologies, Cisco Systems, Omron Corporation, Philips Healthcare, Cerner Corporation, AT&T Inc., SAP SE and Airstrip Technologies

Regional overview

North America is the largest healthcare mobility solutions market segment in terms of region. This is due to the increased use of smartphones and the associated sophisticated connectivity and network, as well as the growing number of chronic diseases.

Asia-Pacific is the fastest growing region in the healthcare mobility solutions market. This is due to the growing number of healthcare systems, the growing awareness of the benefits of mobility solutions in the healthcare sector and the growing prevalence of chronic diseases.

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Market dynamics

Drivers

Rise in the adoption of electronic health records

Growing attempts by the government to encourage the adoption of electronic health records among healthcare institutions is expected to fuel the market for healthcare mobility solutions. Electronic health records are used in healthcare organizations to increase documentation accuracy and implement preventative measures. Governments in a number of developing countries are implementing electronic health records for healthcare organizations to improve the quality of patient treatment, which offers exciting prospects for the growth of the healthcare solutions market. healthcare mobility.

Constraints

Lack of data privacy and limited data integration

The expansion of the healthcare mobility solutions market is expected to be hampered by security and privacy concerns. One of the major issues faced by players in the healthcare mobility solutions market is ensuring data privacy and security. Identity theft, modification of patient data, unauthorized data, and data hacking have all become major security and privacy issues in recent years. Additionally, the expansion of the healthcare mobility solutions market is expected to be limited by a lack of data integration. Although clinical professionals and consumers around the world prefer mobile devices and healthcare apps to manage and track healthcare outcomes, the limited ability of mHealth apps to exchange and access information creates a barrier to the rapid expansion of the healthcare mobility solutions market.

Opportunities

Growing geriatric population

According to estimates by the World Health Organization (WHO), the geriatric population is expected to increase by 1.5 billion by 2050 worldwide. The figure is growing at a rapid rate and is expected to increase in the near future. The reason for this is the increasing prevalence of chronic disorders, infectious diseases and targeted disorders. Older people are more vulnerable to these diseases and need regular checkups. Thus, developing regions are implementing health mobility solutions for daily health check-ups. Accordingly, the growing geriatric population offers growth prospects for the expansion of the global healthcare mobility solutions market over the forecast period.

Challenges

Data violate

The market for medical mobility solutions is changing. The current difficulty of the health sector is to organize and interpret in real time the data coming from several sources. In the healthcare industry, data breaches are increasingly common and pose a risk because they occur without triggering a security warning. As a result, data breach is a major challenge for the growth of the global healthcare mobility solutions market over the forecast period.

Market Segmentation

By products and services

  • Mobile devices
    • Mobile computers
    • RFID readers
    • Barcode readers
    • Others
  • Mobile apps
  • Enterprise Mobility Platforms

By app

  • Enterprise Solutions
    • Patient Care Management
      • Patient Monitoring
      • Case management
      • Medication administration
      • Patient Identification (PPID)/Patient Tracking
      • Sample collection and tracking
      • Diet and nutrition
      • Infectious Disease Surveillance/Field Data Collection
      • Other Patient Care Management Solutions
    • Operations management
      • Patient admissions/discharges
      • Revenue Management/Billing
      • Claims processing
      • Asset and facility management
      • Materials management
      • Others
    • Workforce management
      • Planning
      • Time and attendance management
      • Other Operations Management Solutions
  • Mobile health apps
    • Chronic care management
    • Exercise
    • Weightloss
    • women’s health
    • Sleep monitoring
    • Medication management
    • Other mobile health apps

By end use

  • Payers
  • Suppliers
    • Hospitals
    • Laboratories
    • Others
  • The patients

By geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa (MEA)

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