Today, mobility has evolved as a main technology for healthcare sector, as it helps the medical community to accept a patient centered approach, reducing healthcare expenses and the implications of the deficiency of nursing as well as healthcare experts. Growing penetration of modernized network techniques like personal digital assistants, smart phones and tablets in healthcare services & systems combined with the emerging concentration on patient centric mobility uses and applications is stimulating the growth and expansion of healthcare mobility solutions market globally. Further, lack of skilled healthcare experts, high quality of healthcare services, best cost efficacy of mobility services, increased acceptance of mobility services by healthcare experts, shortage of nursing staff, and increasing market penetration of wireless network techniques like 3G and 4G are predicted to propel the growth and expansion of the healthcare mobility solutions market universally. However, the privacy and data security issues and interoperability threats related with the healthcare mobility services has limited the broad acceptance of healthcare mobility solutions. Also short life of battery of mobiles & computers, lack of standardized protocols of communication, fluctuating compensatory polices, price issues and issues of infrastructure can pose a major threat to the growth and expansion of the healthcare mobility solutions market worldwide.
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The global healthcare mobility solutions market was evaluated at 20.19 billion US dollars in year 2014 and it is predicted to touch the revenue of 110 billion US dollars by the end of year 2022.
The worldwide healthcare mobility solutions market was divided by products & services, by applications, by end users and by geographical locations. The global healthcare mobility solutions market by products & services includes enterprise mobility podiums, mobile equipments and mobile applications. Mobile equipments comprises of barcode scanners, mobile computers, RFID scanners and others.
In terms of services and products, the mobile equipments section was the highest contributor to the worldwide healthcare mobility solutions market in year 2014. It is predicted to remain the dominant product sector during the estimated period. The dominance can be credited to growing market penetration of RFID scanners, mobile computers, personal digital assistants, smart phones and tablets. All these devices assist the healthcare experts and medical practitioners accept patient centered approach and simplify their flow of work. But mobile applications are predicted to experience the maximum acceptance during the forecasted period due to its growing enriched features and secured networking facility. Also medical practitioners are combining mobile applications with healthcare functions & procedures to update flow of work and provide good medical care as well as medical facility to the patients.
The worldwide healthcare mobility solutions market by applications includes mHealth applications/uses and enterprise solutions. mHealth applications also referred to as patient centered applications includes exercises, sleep monitoring, chronic care management, weight loss, women’s health, medication management and other mHealth uses or applications. An Enterprise solution includes operations management, patient care management and workforce management.
Operations management is further divided into claims processing, patient admissions, materials management, billing, asset management, facilities management and others. Patient care management includes medication administration, patient monitoring, nutrition, dietary, case management, patient tracking, field data collection and specimen collection & tracking. Workforce management includes attendance management, scheduling and time management.
In year 2014, enterprise solutions section was the biggest application section, contributing about 53.1% of the total market revenue share. Aspects like growing focus on healthcare price savings and increasing demand for home healthcare solutions combined are predicted to stimulate the growth and development of mHealth applications or uses during the estimated period.
The global healthcare mobility solutions market by end users includes individuals, payers and healthcare service providers. Healthcare service providers include labs, hospices and other healthcare services. It was the biggest end use section contributing about 46% of the universal market revenue in year 2014 and is predicted to remain the biggest end user section throughout the estimated time span. Also the individuals section is predicted to display optimum expansion and growth during the estimated period. The projected growth can be credited to growing health consciousness among the customers, accessibility of smart healthcare equipments and increase in healthcare expenditure by customers.
The worldwide healthcare mobility solutions market by geographical locations includes sub continent of North America, continent of North America, APAC zone and region of Rest of the World.
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The sub continent of North America contributed about 44% to the total market share of the global healthcare mobility solutions market in year 2014. It was succeeded by continent of Europe and APAC zone in year 2014. It is expected to retain this market position during the forecasted period due to the strong presence of communications infrastructure and best healthcare facilities easily available in this region. APAC zone or Asia Pacific Zone is expected to observe optimum market growth during the forecasted period and is expected to surpass the continent of Europe as well as subcontinent of North America in future.
Both the APAC zone and sub continent of North America are expected to record highest growth in the global healthcare mobility solutions market due to rapid acceptance of smart phones and good network connectivity & infrastructure as well as growing proportion of chronic ailments. The expansion and growth of the healthcare mobility solutions industry in APAC zone is credited to rising proportion of healthcare systems or healthcare infrastructure facilities like clinics, hospices, ambulatory care settings, health care centers, and nursing homes as well as the growing occurrence of chronic ailments and disorders which require constant monitoring of patients and growing consciousness about the benefits of mobility services in the healthcare sector among the population of this region.
Mobility is rapidly become a main component of the healthcare system. Healthcare mobility solutions or services can enable increased response period, efficient workflow, effective patient care and enhance patient throughput while minimizing expenses as well as risks. Enterprise mobility services help the combination of outcomes from one department with various other databases and thus enable accurate analysis rapidly along with quick response time as well as fast decision making in order to enhance patient care and patient quality. Further, the boom in smart phones technology and growing trend/inclination for self care management have fuelled the market penetration of healthcare uses among the customers will perpetuate large scale growth of global healthcare mobility solutions market in future.
The market report includes detailed information about industry trends, technological trends, market growth drivers, market restraints, market size, market structure, market share, industry insights, product benchmarking, strategic benchmarking , company overview, market overview, financial overview, product matrix, product portfolio, market growth matrix, market penetration, market position ,market fluctuations, market uncertainties, performance indicators, competitive landscape, market dynamics, market opportunities, market classification, market diversification, business strategy, product strategy, product development, market development, niche market, new product launches, market challenges, market threats, target market, market segmentation, branding, market demand , market behavior, market equilibrium trends, customer behavior trends, customer preferences, market costs, market supply, industry insights, market perception ,sales perception, sales estimation ,market estimation, sales forecasts and market forecasts of the global healthcare mobility solutions market.
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key companies profiled in this market report includes McKesson Corporation, Koninklijke Philips N.V., Airstrip Technologies Incorporation, Oracle Corporation, Cisco Systems Incorporation, SAP SE, Cerner Corporation, AT&T Incorporation, Philips Healthcare, Zebra Technologies Corporation and Omron Corporation.
The global health care mobility market is highly divided. Small industry players functioning at local levels are providing tough competition to the key industry players as they are enhancing their technical support services at reduced costs and thus increasing their market share. However, the key industry players in order to sustain the competition from these small market players are constantly building new techniques and modernizing their current products & services to retain their market share by increasing their product portfolios. Growing competition and threats by new entrants is predicted to lead to new market innovations and thus help the market sector to overcome the current challenges in the area of healthcare mobility and concurrently address the issues of compliance as well as unfulfilled market requirements.
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