Healthcare Mobility Solutions Market Size was estimated at USD 30.79 Billion in 2023. The Healthcare Mobility Solutions market industry is projected to grow from USD 37.62 Billion in 2024 to USD 153.12 Billion by 2032, exhibiting a growth rate or CAGR (compound annual growth rate) of 19.18% during the projected timeframe (2024 - 2032).
The growing concern about data security, the increasing usage of connected medical equipment, and reimbursement regulations are key market drivers contributing to market growth and expansion.
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
The market for patient-centric mobility apps, increasing connection to raise the standard of healthcare solutions, and increasing smartphone and tablet adoption in healthcare systems are all driving the market for healthcare mobility solutions. The pandemic has forced the closure of numerous small clinics, hospitals, and nursing homes. Digitalization and the rising use of smart devices positively impact the market for healthcare mobility solutions. The market for healthcare mobility solutions is expanding due to several other factors, including the growing impact of social media on healthcare, rising public awareness of the potential advantages of healthcare management, growing demand for point-of-care diagnosis and treatment, a growing emphasis on personalized medicine, and a patient-centered approach.
Social exclusion and local curfews have forced the postponement of elective surgical procedures. Additionally, suspending medical tourism due to visa cancellations may hurt expanding the market for healthcare mobility solutions. Due to growing patient awareness and the prevalence of mHealth apps, patients will thus increasingly use healthcare mobility solutions in the future. With the help of remote patient monitoring platforms, new health-related services, including daily health alerts, appointments with physicians, E-Health check-up reports, advised food diets, and other advantages, are made available through SMS services. The market for healthcare mobility solutions directly benefits from the digitalization and rising use of smart devices.
The market for healthcare mobility solutions is expanding as a result of several other factors, such as the growing impact of social media on healthcare, rising public awareness of the potential advantages of healthcare management, growing demand for point-of-care evaluation and therapy, growing emphasis on personalized medicine, and a patient-centered approach. Additionally, the market for medical mobility solutions benefits from digitalization and the rise in smartphone usage. Increasing awareness of the potential benefits of mobile healthcare management, an increase in the demand for point-of-care evaluation and therapy, elevated attention to customized healthcare, and a patient-centered approach are other factors driving the development of the market.
The rising usage of connected medical equipment drives the Market CAGR for Healthcare Mobility Solutions. Rising data security concerns and increased usage of linked healthcare devices are expected to create favorable circumstances for market expansion throughout the projected period. Other variables like portable laptop battery life and insurance regulations will likely drive market expansion. However, the fast-changing regulatory setting and rising technical mistake rates may stymie market expansion throughout the projection period.
Additionally, Digital Health and the increased usage of mobile phones favorably impact the medical mobility solutions industry. Other factors operating the development of the marketplace include the growing impact of online platforms on medical care, growing awareness of the possible advantages of mobile healthcare management, increased need for point-of-care evaluation and therapy, increased focus on personalized medicine, and a patient-centered approach. Creating new health mobility systems that can handle a greater volume and diversity of linked devices will provide profitable growth prospects for worldwide medical mobility solutions players.
COVID-19 has a huge influence on the healthcare industry as a whole. Adopting an intelligent healthcare system that integrates cloud and IoT technologies enabled a smoother operation in less time in the study published in 2021 titled 'A smart healthcare system for the diagnosis and tracking of COVID-19 using the Internet of Things and cloud computing. For sound decision-making, the architecture employs smart connectivity devices and deep learning. The sophisticated technology tracks patient status in real time while providing low-cost, reliable, high-quality medical care. Telehealth and cloud-based systems were increasingly used in healthcare during COVID-19. As a result, COVID-19 has a substantial influence on the market.
For instance, the growing elderly population will likely contribute to market growth. In accordance with the United States Census Bureau, the elderly population in the United States is predicted to grow to a total of 77 million by 2034. Thus, demand for Healthcare Mobility Solutions is anticipated to increase throughout the projected timeframe due to the rising usage of connected medical equipment. Thus, driving the Healthcare Mobility Solutions market revenue.
The Healthcare Mobility Solutions market segmentation, based on Products and Services, includes Mobile Applications, Mobile Devices, Enterprise Platform, and Others. The mobile devices category dominated the market, accounting for 42% of market revenue (USD 10.6 Billion) in 2022. This is due to the increasing popularity of mobile and the general availability of dependable mobile networks, which promotes using these devices.
The Healthcare Mobility Solutions market segmentation, based on Applications, includes mHealth, Enterprise Mobility Management. The mHealth category generated the highest market revenue of about 71% (USD 17.9 billion) in 2022. The associated benefits of employing these apps, such as boosting patient participation in healthcare delivery, satisfying customer needs, and securely exchanging information, are expected to promote segment growth.
Figure 1 Healthcare Mobility Solutions Market, by Application, 2024 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
The Healthcare Mobility Solutions market segmentation, based on End-User, includes Payers, Hospital and Clinics, Laboratories, Patients, and Others. The patients segment dominated the market, accounting for 32% of market revenue (USD 8.1 Billion) in 2022. Patients play an important role in the market for healthcare mobility solutions. These technologies enable patients to monitor their health via handheld gadgets and software.
By region, the research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Healthcare Mobility Solutions market will dominate during the projected timeframe due to favorable government policies on using mHealth tools in hospitals. This propels t the market growth in the North American area.
Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2 Healthcare Mobility Solutions Market Share by Region 2024 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe region’s Healthcare Mobility Solutions market accounts for the second-highest market share due to the rising prevalence of mHealth applications in this region is a key contributor to the expected expansion of the medical mobility products market during the projected period. Further, the German Healthcare Mobility Solutions market holds the biggest market share, and the UK Healthcare Mobility Solutions market is expected to grow and expand significantly in the European region during the projected timeframe.
The Asia-Pacific Healthcare Mobility Solutions Market is expected to grow quickly during the projected timeframe. This is attributable to greater end-user understanding and health practitioners' increased usage of mHealth applications. Moreover, China’s Healthcare Mobility Solutions market dominates the market share, and the Indian Healthcare Mobility Solutions market is expected to expand and grow steadily in the Asia-Pacific region during the projected timeframe.
Leading market players invested heavily in research and Development (R&D) to scale up their manufacturing units and develop technologically advanced solutions, which will help the Healthcare Mobility Solutions market grow worldwide. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their footprint, with significant market developments including new Product and Services portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. The Healthcare Mobility Solutions industry must offer cost-effective and sustainable options to survive in a highly fragmented and dynamic market climate.
Manufacturing locally to minimize operational expenses and offer aftermarket services to customers is one of the critical business strategies organizations use in the Healthcare Mobility Solutions industry to benefit customers and capture untapped market share and revenue. The Healthcare Mobility Solutions industry has recently offered significant advantages to the Healthcare IT industry. Moreover, more industry participants are utilizing and adopting cutting-edge technology has grown substantially. Major players in the Healthcare Mobility Solutions market, including Airstrip Technologies, Inc., Cerner Corporation, Cisco, Codecube, FUTURA MOBILITY LLC, Infosys, Mckesson Corp, Omron Corporation, Oracle Corporation, Philips Healthcare, SAP SE, Wipro Limited, and Zebra Technologies Corporation are attempting to expand market share and demand by investing in R&D operations to produce sustainable and affordable solutions.
Abbott Laboratories is a company that manufactures a wide range of healthcare products. It operates in the following areas Medicinal Items, Nutritional goods, Diagnostic Products and Services, Cardiac and Neuromodulation goods, and Others are all well-established. The Established Pharmaceutical Goods section includes overseas sales of labeled generic drugs. The Nutritional Goods section is responsible for the selling of adult and pediatric nutritional goods. Diagnostic Products sells medical equipment and tests to donation centers, healthcare facilities, corporate labs, and alternate-care testing facilities. Coronary, structural heart and other medical device items are traded in the Vascular items market. In September 2020, Abbott Laboratories got a CE certification regarding its FreeStyle Libre 3 structure, the business's next-generation diabetes treatment. Minute-by-minute ongoing, real-time glucose readings are instantly communicated to smartphones using the latest FreeStyle Libre 3 technological advances, providing unsurpassed 14-day accuracy.
Athenahealth, Inc. integrates network-enabled services and software for medical organizations and hospital systems nationwide. Their mission is to build a healthy ecosystem that provides everybody with affordable, high-quality, and long-term healthcare. It will launch its athenaOne Voice Assistant driven by Nuance in June 2022. It is mobile-embedded, which simplifies data retrieval and allows hands-free execution of significant clinical activities for medical professionals who use Athenahealth’s EHR solution.
April 2024: Health Tech Solutions Group (HTS Group), a healthcare provider, has declared the commencement of its official launch in the United Kingdom. The company provides healthcare solutions, including as mobile health services, telemedicine, and personalized patient care in non-traditional hospital environments. The HTS Group, which currently operates in Essex, Lancashire, and London, is seeking a 3 million GBP investment to establish a further seven facilities in the UK and Ireland by the end of 2025. The company aims to serve more than 100,000 patients annually at these new locations.
HTS Group will offer secure, door-to-door transportation services for individuals who are disabled, aged, vulnerable, or non-emergency patients. In addition, the company will provide a home-based GP service that encompasses pathology and remote patient monitoring, incorporating smartwatch and AI/ML-enabled platforms. This will enhance patient involvement and facilitate coordinated care. The company claims that its distinctive healthcare model offers comprehensive primary healthcare, mobility, and remote patient monitoring services without the need for hospital ownership, clinics, or significant assets. The HTS Group states that their method is in line with the NHS's NET ZERO objective, which aims to provide sustainable and zero-carbon healthcare services, while still addressing the demands of the UK market.
March 2024: GCX, the dominant company in the field of medical mounts for healthcare IT solutions, introduces the GCX Tablet Roll Stand. This innovative product guarantees secure and convenient access to patient services and medical records across the hospital. The carts are very maneuverable and are equipped with a tablet arm that can be adjusted to a fixed or variable height. This allows for excellent viewing and easy access to video conferencing, electronic medical records, and patient services.
The GCX Tablet Roll Stand is a component of a newly introduced collection of devices designed specifically for telehealth. This collection also includes an upgraded Patient Engagement Overbed Table, which is intended for patients to utilize their tablets while in bed or sitting in a chair, as well as a telehealth cart that will be available in April. The GCX Tablet Roll Stand is a cutting-edge system that enables healthcare providers to deliver treatment and enhance the patient experience throughout their facility. It encompasses a range of features, including translation apps, online patient registrations, virtual rounding, and telemedicine.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 30.79 Billion |
| Market Size 2024 | USD 37.62 Billion |
| Market Size 2032 | USD 153.12 Billion |
| Compound Annual Growth Rate (CAGR) | 19.18% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product and Services, Application, End-User, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Airstrip Technologies, Inc., Cerner Corporation, Cisco, Codecube, FUTURA MOBILITY LLC, Infosys, Mckesson Corp, Omron Corporation, Oracle Corporation, Philips Healthcare, SAP SE, Wipro Limited, and Zebra Technologies Corporation |
| Key Market Opportunities | Other variables like mobile computer power consumption and reimbursement regulations will likely drive market expansion. |
| Key Market Dynamics | The growing concern about data security and the increasing usage of connected medical equipment is projected to create favorable circumstances for market expansion. |
Healthcare Mobility Solutions Market Highlights:
Frequently Asked Questions (FAQ) :
The worldwide l Healthcare Mobility Solutions market size was projected at USD 30.79 Billion in 2023.
The worldwide Healthcare Mobility Solutions market is estimated to grow and expand at a CAGR of 19.18% during the projected timeframe.
North American area has the highest percentage of the market.
The key participants in the Market are Airstrip Technologies, Inc., Cerner Corporation, Cisco, Codecube, FUTURA MOBILITY LLC, Infosys, Mckesson Corp, Omron Corporation, Oracle Corporation, Philips Healthcare, SAP SE, Wipro Limited, and Zebra Technologies Corporation.
The Mobile Devices category dominated the market in 2022.
mHealth had the largest share of the market.
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
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