Global Healthcare Mobility Solutions Market to Reach US$148.6 bn by 2016, Increasing Penetration of Mobiles and Smartphones to Drive Growth

Transparency Market Research (TMR) has recently published a study on the global healthcare mobility solutions market and projected it to rise at a remarkable CAGR of 25.50% during the period from 2015 and 2023. The market is likely to increase from a value of US$20.1 bn in 2014 to an estimated value of US$148.6 bn by the end of the forecast period.

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Mobility in healthcare is defined as the ability to provide medical and healthcare services such as remote monitoring, virtual diagnosis, and telemedicine to patients staying in a remote locations with the help of mobile communication technology. The increasing penetration of mobiles, smartphones, laptops, and tablets across the world has stimulated the trend of mHealth, fueling the demand for healthcare mobility solutions in the global arena.

The report evaluates the global healthcare mobility solutions market on the basis of the product and service, the application, the end user, and the regional distribution of this market. Product-wise, the worldwide market has been classified into enterprise mobility platforms, mobile devices, and mobile applications.

The mobile devices segment dominated this market in 2014 and is expected to maintain its dominance over the forecast period. The mobile applications segment is also expected to witness a high rise at a CAGR 25.80% during the forecast period, states the research study.

Application-wise, the market has been categorized into mHealth application and enterprise solutions. The enterprise solutions segment led the overall market in 2014 with a revenue share of 53.1%. However, the rising penetration of mobile devices in the global arena is likely to drive the growth of the mHealth application segment at an exceptional CAGR of 25.60% during the forecast period.

By end user, the report classifies the global market into providers, payers, and patients. In 2014, the healthcare service providers segment acquired the leading position in the overall market with a revenue share of 45.4%. However, the patients segment is projected to register the fastest growth at an impressive CAGR of 25.80% over the forecast period.

The growing awareness about healthcare among people, together with their rising disposable income and the availability of advanced healthcare devices, is expected to boost this market segment remarkably in the coming years, states the report.

On the regional basis, the study has segmented the global healthcare mobility solutions market into North America, Asia Pacific, Europe, and the Rest of the World. North America emerged as the largest regional market for healthcare mobility solutions in 2014 and was closely followed by Asia Pacific and Europe. Analysts expect this regional market to maintain its dominance throughout the forecast period.

Asia Pacific is also projected to witness a healthy rise over the next few years, owing to the infrastructural growth in the medical and healthcare industry in this region, notes the study.

Cisco Systems Inc., McKesson Corp., Zebra Technologies Corp., AirStrip Technologies Inc., AT&T Inc., Omron Corp., SAP SE, Cerner Corp., Koninklijke Philips N.V., and Oracle Corp. are the major enterprises functional into the global healthcare mobility solutions market, states the research report.

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The global healthcare mobility solutions market is segmented into:

By Products and Services
Mobile Devices
Mobile Applications
Enterprise Mobility Platforms

By Applications
Enterprise Solutions
mHealth Applications

By End Users
Payers
Providers
Patients (Individuals)

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This release was published on openPR.