PUBLISHER: The Business Research Company | PRODUCT CODE: 1650328
PUBLISHER: The Business Research Company | PRODUCT CODE: 1650328
Healthcare mobility solutions involve the utilization of mobile devices to monitor or detect biological changes in the human body. The data collected through these devices is then utilized by healthcare management entities such as hospitals, clinics, or service providers to enhance healthcare and improve health status.
The primary types of healthcare mobility solutions include mobile devices, mobile applications, enterprise mobility platforms, and other product types. Mobile devices are utilized to enhance patient care by recording, collecting, analyzing, and distributing patient data to healthcare professionals, facilitating quick decision-making. Mobile computing devices, such as personal digital assistants (PDAs), smartphones, and tablet computers, have significantly impacted the healthcare industry. Various applications, including enterprise solutions and mHealth applications, are adopted by end-users such as payers, providers, hospitals, laboratories, patients, and other entities in the healthcare ecosystem.
The healthcare mobility solutions Market Research Report is one of a series of new reports from The Business Research Company that provides healthcare mobility solutions market statistics, including healthcare mobility solutions industry global market size, regional shares, competitors with a healthcare mobility solutions market share, detailed healthcare mobility solutions market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare mobility solutions industry. This healthcare mobility solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The healthcare mobility solutions market size has grown exponentially in recent years. It will grow from $188.43 billion in 2024 to $236.74 billion in 2025 at a compound annual growth rate (CAGR) of 25.6%. The growth in the historic period can be attributed to improved patient care, efficiency and productivity, ehr accessibility, care coordination, patient engagement.
The healthcare mobility solutions market size is expected to see exponential growth in the next few years. It will grow to $622.64 billion in 2029 at a compound annual growth rate (CAGR) of 27.3%. The growth in the forecast period can be attributed to value-based care, interoperability, data privacy and security, telehealth expansion, pandemic preparedness:. Major trends in the forecast period include mobile health apps, wearable health devices, remote patient monitoring, mobile ehr access, ai and predictive analytics, iot in healthcare.
The anticipated growth of the healthcare mobility solutions market is driven by the increasing digitalization and the rising use of smart devices in healthcare. The healthcare sector's focus on digital technologies has enhanced access to health information and transformed the patient experience. Mobile health (mHealth) technologies encompass smartphone health apps, smartphone-connected devices, wearables, wireless devices, handheld imaging platforms, and sensor-based technologies. These technologies empower healthcare organizations to efficiently manage personnel, handle patient data, and optimize nursing activities. A report from the National Library of Medicine in June 2023 indicates that the medical industry in the United States is leveraging smart devices equipped with sensors for disease diagnosis, amounting to a total of $143.6 billion. The sector is experiencing a cumulative annual growth rate of 16% over seven years. The increasing digitalization and use of smart devices in healthcare are poised to propel the growth of the healthcare mobility solutions market.
The growth of the healthcare mobility solutions market is expected to be boosted by the increase in the geriatric population. As the percentage of people aged 65 and older rises compared to those employed between 18 and 64, there is a corresponding increase in the prevalence of chronic health conditions. Healthcare mobility solutions play a crucial role in the remote monitoring and management of these conditions, ensuring timely care and support for seniors to enhance their quality of life. A report from the World Health Organization (WHO) in October 2022 indicates that by the year 2030, one in six people globally is expected to be 60 or older. By 2050, the worldwide population of individuals aged 60 and older will reach 2.1 billion, with a notable increase in those 80 years and older. The growth of the geriatric population is a driving force behind the expansion of the healthcare mobility solutions market.
Leading companies in the healthcare mobility solutions market are innovating by introducing new products like wireless monitoring solutions to cater to larger customer bases, drive sales, and increase revenue. Wireless monitoring solutions are technological systems designed to remotely and wirelessly collect, transmit, and analyze data from various sensors, devices, or equipment. In March 2022, GE Healthcare, a US-based medical technology company, received FDA approval for its Portrait Mobile wireless and wearable monitoring solution. This platform provides real-time continuous monitoring, offering a personalized view of a patient's vital signs while allowing mobility during crucial recovery phases. The system, featuring wireless sensors worn by the patient and a smartphone-sized monitor, eliminates the need for traditional cables, allowing patients to move freely around the ward. The mobility facilitated by Portrait Mobile is instrumental in improving patient outcomes and reducing hospital stay durations. The innovative wireless sensor technology employed in the system ensures precise measurement of respiration rates, even as patients' breathing patterns change, enhancing the overall quality of care.
Prominent companies in the healthcare mobility solutions market are actively developing new products, such as Remote Patient Monitoring (RPM) solutions, with the aim of reaching larger customer bases, increasing sales, and boosting revenue. RPM solutions are advanced healthcare technologies and systems that empower healthcare providers to remotely monitor and track a patient's health and medical data. In May 2022, Withings Health Solutions, a US-based medical technology company, introduced Withings RPM, a product distinguished by its capacity to simplify the implementation of remote patient monitoring programs. This innovation streamlines the onboarding process for physicians, providing patients with a convenient, straightforward, and pleasant experience. Withings RPM is specifically designed for swift and effortless ordering and delivery of patient devices with just a few clicks. Physicians can swiftly create individualized care plans and set patient goals, while the system facilitates efficient management of data from multiple patients. It incorporates automated alerts and reminders for patient health data and program compliance indicators, covering device usage during both initial setup and ongoing utilization, along with notifications for necessary actions when patient vitals require attention.
In January 2023, Capsa Healthcare, a US-based provider of medical carts and healthcare technology, acquired Tryten Technologies Inc. for an undisclosed amount. This acquisition aligns with Capsa Healthcare's strategic objective of expanding its portfolio of mobile workstations and telehealth solutions, thereby reinforcing its leadership position in the healthcare technology sector. Tryten Technologies Inc. is a Canada-based company that offers mobility platforms for healthcare.
Major companies operating in the healthcare mobility solutions market include Oracle Corporation, SAP SE, McKesson Corporation, Cerner Corporation, Zebra Technologies, Philips Healthcare, AT&T Inc., Cisco Systems Inc., Omron Corporation, Airstrip Technologies Inc., IBM Corporation, Wipro Limited, Microsoft Inc., Honeywell International Inc., Qualcomm Inc., Verizon Communications Inc., General Electric Company, Netsmart Technologies Inc., Datamation Systems, Pioneer Solution, emocha Mobile Health, MEDITECH Plc, GreatCall Inc., Pager Inc., Barcoding Inc., Onyx Ltd., AngelEye Health, Eddy Co., Pluto Health Inc., Solutionize Global Ltd., 1uphealth Inc., Apple Inc., Medtronic Inc., Siemens AG
North America was the largest region in the healthcare mobility solutions market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the healthcare mobility solutions market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the healthcare mobility solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The healthcare mobility solutions market consists of the sales of telemedicine, appointment reminders, remote data collection systems, and remote patient monitoring systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Healthcare Mobility Solutions Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on healthcare mobility solutions market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for healthcare mobility solutions ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The healthcare mobility solutions market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.