The global Healthcare Mobility Solutions Market is estimated to be valued at US$ 121.6 Mn in 2023 and is expected to exhibit a CAGR of 21.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Healthcare mobility solutions allow access to health records and applications from any place and from any compatible device such as tablets, smartphones. This provides flexibility and enhances patient care.
Market key trends:
One of the key trends in the healthcare mobility solutions market is the integration of mobility solutions with electronic health records (EHR). The integration of mobility solutions with EHR allows healthcare providers to access patient health records from any location. This streamlines workflows and improves patient outcomes. For example, doctors can view patient test results or radiology scans from mobile devices and make timely diagnosis and treatment decisions. The integration of mobility solutions with EHR is expected to drive significant growth in the global healthcare mobility solutions market during the forecast period.
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Market Key Trends:
The healthcare mobility solutions market is witnessing growing adoption of mobile digital health solutions among patients and providers. Focus on patient-centric care and improving healthcare access and outcomes through mobile technology is driving the demand for mobility solutions. Growing usage of mHealth apps for chronic disease management, medication management and remote monitoring is one key trend in this market. Adoption of telehealth and telemedicine is rising rapidly with mobility solutions playing a critical role in enabling virtual care delivery. Integration of mobility with AI, cloud computing, blockchain and wearables is another trend benefiting this market.
SWOT Analysis
Strengths: Ability to improve patient care and outcomes, reduce costs and enhance healthcare accessibility and efficiency. mobility solutions provide a platform for on-the-go access to healthcare services and information.
Weaknesses: Data security and privacy concerns, requirement of high investments, lack of standardization and interoperability between solutions, technology adoption challenges.
Opportunities: Growing telehealth practices, increasing focus on patient-centered care, development of 5G networks allowing new applications.
Threats: Healthcare reforms and regulations, rise in cybercrimes, competition from free health apps.
Key Takeaways
The global Healthcare Mobility Solutions Market is expected to witness high growth, exhibiting a CAGR of 21.% over the forecast period of 2023 to 2030. The market size for 2023 is estimated to be US$ 121.6 Mn.
The North American region currently dominates the market accounting for over 35% market share in 2023 due to advanced healthcare infrastructure and growing acceptance of digital health technologies. Asia Pacific region is anticipated to grow at fastest pace owing to rising medical tourism, healthcare reforms focusing on Telehealth and increasing investments by market players.
Key players operating in the Healthcare Mobility Solutions are AirStrip Technologies, Inc., AT & T, Inc., Cerner Corporation, McKesson Corporation, Koninklijke Philips N.V, Cisco Systems, Inc., Oracle Corporation, SAP SE, Omron Corporation, and Zebra Technologies Corporation. Recently in 2022, AirStrip Technologies was acquired by Koninklijke Philips N.V. to expand digital health solutions portfolio. Cerner is focusing on AI and mobility based solutions to enable connected and virtual care.
