The Global Healthcare Mobility Solutions Market is growing rapidly post 2016 with the CAGR of ~28.3%, thus growth period of this market can be stated as from 2017-2022.
Competitive Analysis:
Some of the key players in this market are: Airstrip Technologies, Inc., At&T, Inc., Cerner Corporation, Cisco Systems, Inc., Codecube, FuGenX Technologies, FUTURA MOBILITY LLC, Infosys limited, Mckesson Corporation, Omron Corporation, Oracle Corporation, Philips Healthcare, SAP SE, Wipro Limited, Zebra Technologies Corporation, [x]cube LABS, and others.
Market Overview:
Healthcare mobility includes the utilization of mobile devices, applications, and enterprise platforms to interconnect securely and more efficiently interchange clinical data among different end users that include payers, providers, and patients. The market for mobility solution is expected to grow at a rapid pace during the forecasted period. The dynamic nature of the regulatory compliances in the medical industry and low risk factors are pushing the adoption of mobility solutions. In past few years there has been increase in acceptance of wearable devices associated to medical applications which has been the major factor for propelling the demand of mobility solutions devices across the ecosystem.
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M-Health enables various electronic health (e-health) data content and services to users, by using wireless technologies such as WiMax, Bluetooth, GSM/GPRS/3G, and WiFi among others. These devices are developed for monitoring, diagnosis, and treatment applications that enhance the chances of better healthcare and fitness systems. These devices work as a guiding framework to record the data by the patient and send it to the healthcare providers for feedback.
Global Mobility Solutions Market – Segmentation
Healthcare mobility solutions market has been segmented on the basis of product and service type which comprises of mobile devices, mobile apps, and enterprise mobility platform. On the basis of application, market is segmented into mHealth, enterprise mobility management including patient care management, employee management, & administration management and others. On the basis of end user, market is segmented into hospital/clinics, laboratories, patients, and others.
Competitive Analysis:
Characterized by the presence of several well-established and small players, the global market of mobility solutions appears to be highly competitive and fragmented. With well-established market in the Americas region major companies home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.
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Moreover, companies are focusing on the new product developments which will are more cost effective. Some major companies have adopted the strategies of acquisitions and strategic alliances with other small and medium companies for the growth of the market. Through extensive research it is found out that the market players have adopted the strategy of Product Launch in the market. The key players involved in this strategy are GE Healthcare, Apple Inc., and Philips. Product Launch (34%) was the most widely adopted strategy which was adopted by the key market players.
For example GE Healthcare an American based multinational company involved in manufacturing medical devices, in November 2015 launched GE Health Cloud and apps to connect medical imaging with analytics and insights. They are designed exclusively for the healthcare industry, the new cloud ecosystem and its applications will connect radiologists and clinicians to speed, efficiency and collaboration across care pathways and multidisciplinary teams – both inside and outside the hospital setting.
Regional Analysis:
The global Mobility Solutions market is segmented into four different regions namely; The North America, Europe, Asia-Pacific (APAC), and Middle East & Africa (MEA). North America accounted for the largest market share for the global mobility solution market majorly due increase adoption rate for m-Health devices, presence of large and well established companies, technology development, increasing healthcare spending and various others.
Europe accounted for the second largest share, whereas Asia Pacific expected to be the fastest growing market. The factors influencing the growth of the market include changing healthcare reforms in the region, companies grabbing the opportunity to expand their presence and various.
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