Healthcare Mobility Solution Market Forecast and Growth 2031

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 SolutionMarket Analysis

Advancements in Mobile Technologies

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.

Healthcare Mobility SolutionMarket Overview

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.

Strategic Insights

Healthcare Mobility SolutionMarket Drivers and Opportunities

Innovative Healthcare Mobility Solution by the Service Providers to Favor Market

• In June 2022, athenaHealth, Inc. announced launching of "athenaOneVoice Assistant". This new device is a mobile-embedded, voice-driven digital companion that streamlines information retrieval and hands-free completion of meaningful clinical tasks for the healthcare providers using athenahealth's electronic health records (EHR) solution.
• In February 2024, Mindray announced the launch of the "MiCo+Ultrasound IT Platform" with interconnected transmission and secure and efficient features in Indonesia. Through the MiCo+Ultrasound IT Platform, the Indonesian Ministry of Health has achieved interconnection with basic healthcare institutions. Ultrasound images can be directly connected to the Indonesian Healthcare Big Data Platform, facilitating the real-time transmission of images and examination results. These examination results through MiCo+Ultrasound IT Platform will help identify and intervene in pregnancy complications and identify foetus development stages, improving the quality of healthcare services among Indonesian residents. Further, MiCo+Ultrasound IT Platform allows new approaches to solve the shortage of medical professionals in Indonesia. The MiCo+Ultrasound IT Platform will implement a remote training model to benefit the Indonesia population seeking medical services.

Therefore, innovative healthcare mobility solution will assist to develop effective treatment options for the patients thereby dominating market growth.

Telehealth/mHealth to Reduce Healthcare Associated Costs– An Opportunity

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.

Healthcare Mobility Solution

Market Report Segmentation Analysis

Key segments that contributed to the derivation of the Healthcare Mobility Solution Market analysis are candidature and services.

• Based on Product and Services, the Healthcare Mobility Solution Market is divided into Mobile Devices, Mobile Applications, and Enterprise Mobility Platforms. The Mobile Applications segment may hold a larger market share in 2023.
• Based on Application, the Healthcare Mobility Solution Market is bifurcated  into Enterprise Solution and mHealth. The enterprise solution segment may hold a larger market share in 2023.
• Based on End User, the Healthcare Mobility Solution Market is segmented as Healthcare Payers, Healthcare Providers, and Patients. The Healthcare Providers segment may hold a larger market share in 2023.

Healthcare Mobility Solution Market Share Analysis by Geography

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.  

Healthcare Mobility Solution

Market Report Scope

Healthcare Mobility SolutionMarket News and Recent Developments

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:

• In October 2021, Honeywell announced launching of Real-Time Health Monitoring System (RTHMS), a smart edge-to-cloud communication platform for remote and real-time monitoring of patients acting as a bridge between caregiver and patient. By digitizing and automating critical task, RTHMS can reduce hospital administrative task by almost 35%.

Healthcare Mobility SolutionMarket Report Coverage and Deliverables

The “Healthcare Mobility SolutionMarket Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles

Healthcare Mobility Solution Report Scope