The Healthcare Mobility SolutionMarket was valued at US$ 118.2 billion in 2021 and is expected to reach US$ 362.2 billion by 2031. The market is expected to register a CAGR of 27.5% from 2023–2031. Technological advancement is likely to remain key Healthcare Mobility Solution Market trends.
Healthcare mobility solutions are designed to handle critical and sensitive patient data to meet medical needs. Therefore, appropriate data flow is required which can be achieved through advanced healthcare mobility solutions. The data flow through mobility solutions includes facilitating patient care to hospital admin, emergency care, patient care, and hospital management. Several top companies are also providing effective healthcare mobility solutions through innovative delivery models. GE Healthcare's "Mobile Visualization” is an example of such advanced healthcare mobility solution. “Mobile Visualization“ includes actionable, single-window visualization of a bedside monitor data, 12-lead Electrocardiogram (EKG), imaging-device data on patient’s mobile screen, etc. Such continuous advancements in mobile technologies in healthcare mobility solution by the service providers drives the market growth during 2021-2031.
Technology, innovation, and smart technological solutions continue to influence Healthcare Mobility Solution Market significantly. Advancements in mobile technologies and innovative healthcare mobility solution by the service providersare the most influential factors responsible for Healthcare Mobility Solution Market growth. Technological advancement is a key trend for Healthcare Mobility Solution Market growth. Telehealth/mHealth to reduce healthcare associated costs will provide lucrative market opportunity for the Healthcare Mobility Solution Market growth.
Therefore, innovative healthcare mobility solution will assist to develop effective treatment options for the patients thereby dominating market growth.
For hospitals and clinics, lowering the healthcare delivery costs and improving clinical outcomes is the main goal. For example, remote patient monitoring and diagnostic devices offer opportunities to hospitals and clinics to reduce costs and improve patient clinical outcomes. Furthermore, the Affordable Care Act states that Medicaid/Medicare providers will no longer conduct reimbursement for readmission hospital cost of patients admitted for specific illnesses and injuries that can be addressed remotely through telehealth. Such new policies make healthcare providers re-examine the health economics and patient shift to adopt telehealth and chronic disease management through remote monitoring and diagnostics after discharge. The Medicare Act focuses more on improving hospital staff productivity, increasing patient safety, and improving clinical outcomes. Therefore, telehealth/mhealth will provide lucrative market opportunities and will account for considerable market share in the coming years for healthcare mobility solution market.
Key segments that contributed to the derivation of the Healthcare Mobility Solution Market analysis are candidature and services.
The geographic scope of the Healthcare Mobility SolutionMarket report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
North America has dominated the Healthcare Mobility Solution Market. In North America, US accounts considerable share for healthcare mobility solution. Presence of top healthcare service providers present in the US, is one of the most influential factors responsible for market growth. Asia Pacific is anticipated to grow with the highest CAGR in the coming years.
The Healthcare Mobility SolutionMarket is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in them market for Healthcare Mobility Solution and strategies:
The “Healthcare Mobility SolutionMarket Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
Report Attribute | Details |
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Market size in 2021 | US$ 118.2 Billion |
Market Size by 2031 | US$ 362.2 Billion |
Global CAGR (2023 - 2031) | 27.5% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Product and Services
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |