Healthcare Mobility Solutions Market 2025-2034: Key Highlights, Growth Dynamics, and Emerging Trends
2054 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Healthcare Mobility Solutions Market?
The boom in digitalization and the surge in the use of intelligent gadgets in healthcare are predicted to boost the expansion of the healthcare mobility solutions market in the future. The focus on digital technology in healthcare has increased, enhancing access to health data and altering the experience of hospital patients. mHealth technologies encompass health apps on smartphones, devices connected to smartphones, wearable and wireless devices, handheld imaging platforms, and microscopic sensor-based technologies. These mobility solutions in healthcare enable firms to efficiently manage their workforce, deal with patient information, and optimize nursing activities. For example, a report from the National Library of Medicine, a US government-run medical library, revealed in June 2023 that the medical sector in the United States is exploiting smart devices with sensors for disease diagnosis, generating a total of $143.6 billion. Moreover, this industry witnesses a year-on-year growth rate of 16% over a span of seven years. Hence, the burgeoning digitalization and use of smart devices in healthcare will fuel the advancement of the healthcare mobility solutions market.
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#What is the Growth Potential of the Healthcare Mobility Solutions Market, and How Will It Perform by 2034?
The market scope for healthcare mobility solutions has seen massive expansion in the recent past. Its growth will boost from $188.43 billion recorded in 2024 towards an estimated $236.74 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 25.6%. Enhanced patient care, efficiency, productivity, availability of electronic health records, care coordination and patient engagement are significant factors that have influenced growth in the preceding period.
Expectations are high for the healthcare mobility solutions market as it is slated for significant expansion in the coming years. By 2029, it’s projected to reach a staggering $622.64 billion, with a Compound Annual Growth Rate (CAGR) of 27.3%. This anticipated growth during the forecast period can be tied to several factors, including the implementation of value-based care, practices of data privacy and security, the spread of telehealth, and the preparedness for a pandemic. Future trends expected to shape this period further include the use of mobile health applications, the adoption of wearable health technologies, the growth in remote patient monitoring, increasing mobile ehr access, the incorporation of ai and predictive analytics, and the role of the internet of things in healthcare.
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What Are the Key Market Innovations in theHealthcare Mobility Solutions Market Over the Coming Years?
To reach more customers, generate more sales, and boost revenue, leading firms in the healthcare mobility solutions market are creating innovative products such as wireless monitoring solutions. Wireless monitoring solutions are advanced systems that remotely and wirelessly collect, transmit, and interpret data from a range of sensors, devices or machinery. For example, in March 2022, US-based medical technology firm GE HealthCare secured Food and Drug Administration (FDA) approval for its Portrait Mobile wireless and wearable monitoring solution. The Portrait Mobile system provides real-time continuous monitoring, giving a personalized view of a patient’s vital signs while facilitating mobility during vital recovery stages, specifically after surgery or being discharged from an intensive care unit. By involving wireless sensors worn by the patient and a monitor roughly the size of a smartphone, it makes traditional cables redundant, thereby offering patients the freedom to move within the ward without any limitations. This freedom of movement can play a significant role in improving patient outcomes and minimizing their duration of hospitalization. Relying on GE Healthcare’s proficiency in parameter accuracy, Portrait Mobile revolutionizes the measurement of respiration rates through innovative wireless sensor technology. This system’s dual-vector respiration rate measurement technology incorporates a distinctive algorithm specially crafted for mobile patients, thereby enabling the precise recording of continuous respiratory rates, even during changes in patients’ breathing patterns.
Who Are the Top Companies Driving Innovation and Growth in theHealthcare Mobility Solutions Market?
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
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Which Key Market Segments Comprise the Healthcare Mobility Solutions Market and Drive Its Revenue Growth?
The healthcare mobility solutions market covered in this report is segmented –
1) By Product type: Mobile Devices, Mobile Applications, Enterprise mobility platforms, Other Product Types
2) By Applications: Enterprise Solutions, mHealth Applications, Other Applications
3) By End User: Payers, Providers, Hospitals, Laboratories, Patients, Other End-Users
Subsegments:
1) By Mobile Devices: Smartphones, Tablets, Wearable Devices
2) By Mobile Applications: Patient Engagement Apps, Clinical Workflow Apps, Telehealth Apps
3) By Enterprise Mobility Platforms: Mobile Device Management (MDM) Solutions, Mobile Application Management (MAM) Solutions
4) By Other Product Types: Mobile Health (MHealth) Solutions, Remote Patient Monitoring Devices
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Which Regions Are Emerging as Leaders in the Healthcare Mobility Solutions Market?
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 report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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