(Health-NewsWire.Net, September 21, 2018 ) According to Verified Market Intelligence, the global wireless health market was valued at USD 47.60 billion in 2016 and is projected to reach USD 302.25 billion by 2025, growing at a CAGR of 22.8% from 2017 to 2025.
Wireless health is a feature which involves integration of wireless technology into medical tools in order to help the individuals in improving their personal health. This feature allows the healthcare administrators with an ease to overview the networks distributed and to identify if anything is resulting in poor performance or user experience thus improving the productivity. People can easily modify their lifestyle and improve their health status by using these health devices with wireless technology. These wireless devices can measures various important parameters such temperature, heart rate and helps in determining the person’s physical fitness.
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Progress in wireless communication technologies, more usage of mHealthcare solutions in chronic disease cases, patient friendly techniques and user-friendliness are the factors driving the global wireless health market. On the other hand, poor network connections in developing and under developed nations, high initial costs, lack of trained IT professionals and distributed end user aspect acts a potential restraints for the overall market at a global level.
Competitive Landscape:
The major players in the market are as follows:
Cerner Corporation AT&T, Inc. Philips Healthcare (A Subsidiary of Royal Philips Electronics) Omron Corporation Verizon Communications, Inc. Qualcomm, Inc. Aerohive Networks, Inc. Vocera Communication, Inc. Allscripts Healthcare Solutions, Inc.
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