healthcare mobility solutions market is estimated to be valued at US$ 121.6 Million in 2023 and is expected to exhibit a CAGR of 21.2% during the forecast.

BURLINGAME, CALIFORNIA , UNITED STATES, January 9, 2024 /EINPresswire.com/ -- Market Overview:

Healthcare mobility solutions enable access to patient's medical records and files, streamline clinical workflows, and facilitate communication between care providers from any location. These solutions help healthcare providers offer better treatment to patients.

Market Dynamics:

The healthcare mobility solutions market is expected to witness significant growth over the forecast period owing to rising prevalence of chronic diseases and growing need for better healthcare facilities. As per the WHO, chronic diseases accounted for around 70% of all deaths globally in 2019. Furthermore, advancement in mobile technologies and increasing adoption of mobile health applications for disease management and remote patient monitoring are also expected to support market growth during the forecast period.

Driver: Growing Need to Improve Healthcare Access and Outcomes Through Remote Patient Monitoring

The growing geriatric population and increasing prevalence of chronic illnesses has led to a rise in demand for remote healthcare services. Technologies that enable remote patient monitoring can help address this need by allowing medical personnel to keep track of vital signs and symptoms of at-risk individuals remotely. This helps reduce hospital admissions and healthcare costs. Many patients also prefer remote monitoring services as it allows them to receive treatment from the comfort of their home. Remote monitoring devices that transmit data to clinics have proven effective for conditions like congestive heart failure and diabetes where regularcheck-ins are important. Their adoption is growing as more medical providers realize the benefits of extending medical care beyond hospitals and clinics.

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Driver: Rising Adoption of Mobile Health Apps and Wearable Devices

TheBYOD or Bring Your Own Device trend has further accelerated the adoption of mobile health solutions. An increasing number of patients now own smart devices and wearables that can be leveraged for health monitoring and management purposes. This has led to a surge in the development of medical and fitness apps that allow individuals to track health metrics, search medical information, receive care reminders and connect with doctors on the go. Many wearables also come with in-built monitoring capabilities for vitals, activity and sleep. Healthcare providers are now able to utilize patient-owned mobile devices to deliver point-of-care services more conveniently. The availability of self-service diagnostic and preventive care options through mobile technologies is proving popular with the younger, tech-savvy population.

Restrain: Data Security and Privacy Concerns

While mobile health solutions offer numerous advantages, their rapid rise has also introduced new cybersecurity risks that need to be addressed carefully. Transfer of sensitive medical records and patient data from hospitals to personal devices expands the attack surface for hackers. Likewise, transmissions between monitoring devices, apps and servers present potential vulnerabilities. Patients also fear unauthorized access or leaks of their personal health information leading to issues like insurance rejections or social stigma. Regulatory bodies are still catching up with privacy rules for emerging connected care models. The onus is on solution providers to reassure users about stringent data protection measures through technologies like encryption, access controls and audits. Unless sufficient safeguards are implemented, uncertainty around digital privacy can hinder wider uptake of mobile healthcare options.

Opportunity: Growing Investments in Telehealth and Telemedicine

The disruptions of the COVID-19 pandemic shone a spotlight on the urgent need to expand access to remote medical services globally. It became apparent that traditional healthcare delivery models may not be sustainable long-term. Forward-looking governments and private players have ramped up funding for telehealth initiatives since. This offers a significant growth avenue for mobility solution vendors to develop advanced virtual care platforms, video consultation systems and remote diagnostics tools to facilitate on-demand medical services independent of location. Public-private partnerships and reimbursement policies are also encouraging increased telemedicine adoption across both urban and rural regions. Vendors well-positioned with 5G and AI-powered telehealth offerings have considerable opportunities ahead as investments continue in this high potential domain.

Trend: Increasing Convergence of Healthcare with AI and Edge Computing

New-age medical technologies revolve around leveraging the power of advanced computing for improved care provisioning. Cutting-edge AI research is enabling intelligent diagnostics using medical images, predictive modeling for at-risk patients and personalization of treatment plans based on individual health factors. Meanwhile, edge and fog computing are ensuring seamless data collection from widespread IoT devices sending real-time patient vitals. By processing data locally through edge nodes instead of centralized cloud servers, latency issues are addressed for latency-sensitive apps like AR/VR assisted surgeries. Edge-based systems further strengthen data security by restricting transmission over external networks. As 5G deployment progresses rapidly, fully converged edge-AI-healthcare solutions will become feasible. This represents an emerging trend where hospitals are modernizing with AI assistants, predictive operational tools and new use cases across virtual simulation, chronic disease management and remote surgery.

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Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, a detailed analysis of the competitive landscape, and product services of key players. Analysis of Healthcare Mobility Solutions companies, key tactics followed by Leading Key Players:

◘ AirStrip Technologies Inc.
◘ AT & T Inc.
◘ Cerner Corporation
◘ McKesson Corporation
◘ Koninklijke Philips N.V
◘ Cisco Systems Inc.
◘ Oracle Corporation
◘ SAP SE
◘ Omron Corporation
◘ Zebra Technologies Corporation

Note: Major Players are sorted in no particular order.

By Type:

Mobile Devices
Mobile Applications
Enterprise Mobility Platforms

By Application:

Enterprise Solutions
mHealth Applications

By End User:

Payers
Providers
Patients

The Study Objectives are:

A comprehensive insight into key players operating in the Healthcare Mobility Solutions Market and their corresponding data.
It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
Regional analysis, which includes insight into the dominant market and corresponding market share.
It also includes various socio-economic factors affecting the evolution of the market in the region.
The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Contents:

Market scenario 2023

Chapter 1: Introduction, Market Driving Force Product Objective of Study and Research Scope the Healthcare Mobility Solutions market
Chapter 2: Exclusive Summary - the basic information of the Healthcare Mobility Solutions Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges & Opportunities of the Healthcare Mobility Solutions
Chapter 4: Presenting the Healthcare Mobility Solutions Market Factor Analysis, Supply/Value Chain, PESTEL analysis, Market Entry, and Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User, and Region/Country 2023 - 2030
Chapter 6: Evaluating the leading manufacturers of the Healthcare Mobility Solutions market which consists of its Competitive Landscape, Peer Group Analysis, Market positioning & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by Manufacturers/Companies with revenue share and sales by key countries in these various regions (2023-2030)
Chapters 8 & 9: Displaying the Appendix, Methodology, and Data Source

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Key Questions Answered:

What is the market size and CAGR of the Healthcare Mobility Solutions Market during the forecast period?
How is the growing demand impacting the growth of Healthcare Mobility Solutions Market shares?
What is the growing demand of the Market during the forecast period?
Who are the leading vendors in the market and what are their market shares?
What is the impact of the COVID-19 pandemic on the APAC Healthcare Mobility Solutions Market?

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