Covid19 Impact on Healthcare Mobility Solutions Market 2020-Global Trends, Analysis, Demand, Comprehensive Growth by Top Leaders and Forecast to 2025

Healthcare Mobility Solutions Market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of estimated USD 22,000 million in 2018 and is projected to register a valuation of estimated USD 105,000 million by 2025 with a CAGR of 25.0% over the forecast period.

Market Synopsis:

The digitalization of healthcare sector has fueled the market for healthcare mobility solutions. According to the report published recently by Market Research Future (MRFR), the global healthcare mobility solutions market will demonstrate an upward shift.

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The adoption of mobility solutions in healthcare enables workflow efficiency, improve functional capacity, internal and external communication and collaboration, data management, etc. which are some of the most prominent drivers of the market growth. This technology minimizes the response time, optimizes operational efficiency, reduces costs, etc. which is leading to massive market penetration and fueling the expansion of the market. The spiraling revenue generation can be attributed to growing demand, increased awareness, rising healthcare expenditure, etc.

Global Healthcare Mobility Solutions Market Segmentation:

By product and service type, the global market for healthcare mobility solutions market has been segmented into mobile devices, mobile apps, and, enterprise mobility platform.

By application, global healthcare mobility solutions market is segmented into mHealth, enterprise mobility management (patient care management, employee management, and, administration management), and, others. The mHealth segment will hold significant share in the market owing to its large-scale adoption. The growth of mHealth segment can be attributed to penetration of electronic gadgets, preference of home-based services, etc.

By end user, the healthcare mobility solutions market is segmented into hospital/clinics, laboratories, patients, and, others.

Regional Analysis:

By region, the global healthcare mobility solutions market has been segmented into America, Europe, Asia Pacific, and, Middle East & Africa. North America market accounts for the largest market share globally owing to factors such as penetration of mobile gadgets, research & development activities for innovation, adoption of technology, concentration of significant players in the region, preference of home-based services, etc. The Europe market holds the second spot in the global market due to increased healthcare expenditure, available healthcare mobility solutions and its adoption, rising prevalence of diseases, etc.

The market in Asia Pacific will exhibit fastest growth with countries such as India and China being the primary revenue generators in the region. The growing geriatric population of Japan is also one of the vital drivers of the market. Other factors influencing the market growth positively in this regional market are booming healthcare sector, accelerating awareness about the advantages of the technology, regulatory endeavors by governments to digitalize healthcare sector, etc. The efforts to catalyze healthcare sector growth will fuel the demand for healthcare mobility solutions in Middle East & Africa.

Competitive Dashboard:

Some of the prominent players of the market profiled by MRFR are Airstrip Technologies, Inc., Cerner Corporation, Codecube, FUTURA MOBILITY LLC, Mckesson Corporation, Oracle Corporation, SAP SE, Zebra Technologies Corporation, [x]cube LABS, At&T, Inc., Cisco Systems, Inc., FuGenX Technologies, Infosys limited, Omron Corporation, Philips Healthcare, and, Wipro Limited. The market players employ strategies such as merger & acquisition, product development, research & development, etc. to strengthen their foothold in the market and gain an edge over other competitors.

DecisionPoint™ Systems, Inc., which is a pioneer in providing enterprise mobility and wireless application solutions, has acquired Royce Digital Systems (Royce) that has a clear strategy of providing integrated and innovative solutions for the healthcare industry. DecisionPoint™ aims at deepening its expertise in other verticals, with particular focus on healthcare, and strengthen their regional presence across California. This step will expand the robust portfolio of DecisionPoint™ by including Royce’s expertise. The customers will be benefitted from the professional services of both the organizations which include deployment and break-fix support, unprecedented installation, etc. and broaden the vertical focus of DecisionPoint™ to include healthcare and other new verticals such as retail, logistics, etc.

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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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