The global market is valued at $23.8 billion in 2013 and is expected to reach $59.7 billion by 2018, at an estimated CAGR of 20.2% from 2013 to 2018.
Dallas, TX -- (SBWIRE) -- 03/12/2014 -- The "Wireless Health Market (WLAN, WMAN, WPAN, Sensors, Smartphone’s, Tablet PC, Mobile APPS) – Global Trends, Opportunities, Competitive Landscape & Forecasts (2013 – 2018) " analyzes and studies the major market drivers, restraints, and opportunities globally.
Browse 103 market data tables with 25 figures spread through 307 pages and in-depth TOC on the "Wireless Health Market".
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The global wireless health market is valued at $23.8 billion in 2013 and is expected to reach $59.7 billion by 2018, at an estimated CAGR of 20.2% from 2013 to 2018. This report studies the global wireless health market with respect to wireless networking technologies, sensor networks, handheld devices and mobile apps for the forecast period of 2013 - 2018.
With ever-changing trends in the healthcare system, the wireless health market is gaining significant momentum.
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In this report, this market is categorized into four segments, namely, wireless network technologies, wireless sensor networks, handheld devices, and mobile apps. Each segment is further sub-segmented on the basis of technology and type. Wireless network technologies consist of WLAN (Wi-Fi), WiMAX (WMAN), WPAN (Bluetooth, ZigBee, Z-Wave, UWB, and RFID), and WWAN (CDMA, GPS, 3G, and GPRS). Wireless sensor networks are wearable and implantable. Handheld devices include smartphones, tablet PC, mobile phones, pagers, and PDAS. An exhaustive value analysis for all these markets is provided for 2011, 2012, and 2013, with forecast till 2018.
The North American region represents the most attractive market due to the changing and unmet needs presented by healthcare providers. North American countries are undergoing various healthcare reforms such as the American Recovery & Reinvestment Act, 2009, and U.S. Healthcare Reforms, 2010, to ensure patient information security and transparency in the healthcare delivery process. The shrinking margins have forced healthcare providers to adopt an efficient way of delivering healthcare services. Use of wireless health technologies helps achieve this, by decreasing hospital stay and readmittance rates.
The overall market is highly fragmented with the presence of various players such as Qualcomm, Inc. (U.S.), Aerohive Networks, Inc. (U.S.), Vocera Communications, Inc. (U.S.), Siemens Healthcare (Germany), GE Healthcare (U.K.), Verizon Communications, Inc. (U.S.), and Cisco Systems, Inc. (U.S.), among others.
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