What is Wireless in Healthcare Market Scope?
Wireless health is a type of wireless technology that is used to diagnose, monitor, and treat illnesses. This technology aids in patient care and improves the patient experience while also allowing the facility to operate more effectively. Because of aspects such as patient care and improving the patient's experience, most hospitals are turning to the usage of wireless health technology. Remote administration and evaluation of a patient's health is possible with wireless health. It also assists in the monitoring of health factors such as blood pressure and glucose levels. One of the elements that have triggered the concept of a wireless technology-driven human body and is the key driver pushing the adoption of wireless communication technologies in the healthcare business is the growing number of elderly people who require constant health monitoring. A network of intelligent wireless medical devices sensors that can be mounted to the body surface or integrated into the tissues can be used to examine a human body. It allows doctors and nurses to anticipate and diagnose adverse outcomes. The Internet of Things (IoT) has aided the expansion of healthcare IT, which has necessitated the creation of a connected hospital environment. In the event of unavailability, wireless network solutions aid the healthcare business by allowing practitioners to access data remotely to direct diagnostics. Biosensors are currently one of the most significant components of the healthcare digital transformation. In hospitals, they can assist users by gathering data on all of their physical activity, sleep, and overall health. Some of these devices have great sensitivity and specificity for recording indicators, making them extremely valuable for health management, particularly in the treatment of the elderly.
The Wireless in Healthcare market study is being classified, by Application (Homecare and Telemedicine, Inventory Control, Pharmaceutical Sales Force Management, Medical and Diagnostic Laboratory and Patient Monitoring) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Wireless in Healthcare market throughout the predicted period.
Stryker Corporation (United States), GE Healthcare (United States), BIOTRONIK (Germany), Omron Healthcare, Inc. (Japan), Philips Healthcare (Netherlands), AT &T, Inc. (United States), Cerner Corporation (United States), Verizon Communications, Inc. (United States), Qualcomm, Inc. (United States) and Aerohive Networks, Inc.(United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are iHealth Lab, Inc. (United States) and AgaMatrix (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Wireless in Healthcare market by Type, Application and Region.
On the basis of geography, the market of Wireless in Healthcare has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
March 2021- General Electric Healthcare announced the launch of its new wireless, hand-held ultrasound device, Vscan Air, as the company seeks to capture a leading position in the growing market. and October 2020 – Stryker, one of the world's leading medical technology companies, today announced the global launch of the industry’s first and only completely wireless hospital bed, ProCuity. This intelligent bed was designed to help reduce in-hospital patient falls at all acuity levels, improve nurse workflow efficiencies and safety, as well as help lower hospital costs.
Influencing Market Trend
- Increasing Internet Penetration
- The emergence of Wearable Devices
Market Drivers
- Advancements in Wireless Communication Technology
- Increasing Demand for Disease Management and treatment
- Increasing Utilization of Connected Devices in the Management of Chronic Diseases
Opportunities
- Increased Investment by Healthcare Companies
- Initiatives Taken to Increase Awareness Among Consumer
- Government Initiatives for Promoting Digital Health
Restraints
- High Cost of Technology
- Insufficient Technological Skills Across Healthcare Organizations
Challenges
- Data Privacy and Security
- Issues related to Data Management and Interoperability
Key Target Audience
Healthcare Institutions/Providers, Healthcare Insurance Companies/Payers, Healthcare IT Service Providers, Venture Capitalists and Government Bodies
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