Healthcare Mobility Solutions Market Size, Share, Industry, Forecast and outlook (2024-2031)

Healthcare Mobility Solutions Market is Segmented By Products and Service (Mobile Applications, Enterprise Mobility Platforms, Mobile Devices), By Application (Enterprise Solutions, mHealth Applications), By End User (Payers, Providers, Patients), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Healthcare Mobility Solutions Market Overview

The Healthcare Mobility Solutions Market  is expected to reach  at a CAGR of 25.3% during the forecast period (2023-2030). Healthcare mobility entails mobile devices, applications, and enterprise platforms to communicate and securely and efficiently exchange clinical data among various end-users such as payers, providers, and patients.

Healthcare Mobility Solutions Market Summary

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Healthcare Mobility Solutions Market Dynamics

The factors influencing the global healthcare mobility solutions market are The increasing technological advancements in the healthcare industry is expected to drive the market growth.

The increasing technological advancements in the healthcare industry is expected to drive the market growth

The adoption of mobility solutions is increasing most noticeably in the healthcare industry. Adopting these solutions has resulted in better patient care and an overall better experience. Incorporating technologies, such as IoT and AI into healthcare could be a game-changer.

Healthcare's future depends on how well these new mobile technologies are adopted. Mobile healthcare technologies, such as wearables and the Internet of medical things (IoMT), have been developed in recent years. They have had a significant impact on the healthcare system.

For instance, according to a study conducted by Zebra Technologies (2018), there is increasing use of mobile devices such as handheld mobile computers, cordless barcode scanners, tablets, and mobile printers in healthcare worldwide. According to the survey, 72 per cent of decision-makers believe that mobile devices improve the quality of patient care by providing clinicians with actionable intelligence at the bedside and reducing errors. According to the same report, by 2022, 97 per cent of bedside nurses and 98 per cent of physicians will be using mobile devices in Payers. Hence, the global healthcare mobility solutions market is expected to grow with the increasing technological developments in the healthcare industry in the forecast period.

The problems associated with healthcare mobility solutions is expected to hamper the market growth

Concerns about data security and a scarcity of skilled professionals are the two major reasons expected to hinder market growth. For instance, data security is likely the most important concern in mobile healthcare, and medical institutions must ensure protected health information (PHI). Medical data leakage is a recurring issue. Data breaches resulted in the exposure of up to 15 million patient records in 2018. Unauthorized access and theft of healthcare data can result in the loss of critical medical information. Phishing attacks, among other risks, are a threat to data security. Something as simple as an unsecured public WiFi network can compromise sensitive medical data.

COVID-19 Impact Analysis on Healthcare Mobility Solutions Market

Most healthcare organizations decide to implement clinical mobility technology to improve team communications. Evolving circumstances and requirements can help guide efforts to re-evaluate clinical workflows and supporting tools. COVID-19 has highlighted these challenges while demonstrating the significant value mobile devices can bring to providers and patients. Clinical mobility solutions bring communication and collaboration tools together on a single device.

For instance, Payers reacted by incorporating virtual care platforms into their existing technology investments as the pandemic spread. For some, this meant purchasing more mobile devices and tablets to expand virtual rounding and telehealth as the number of high-risk patients increased. COVID-19 patients clogged hospital beds and strained protective equipment supplies. The devices have also improved the speed and accuracy of care, particularly during shift changes, when information is frequently lost in translation.     

Healthcare Mobility Solutions Market Segmentation Analysis

Based on applications, the patient care management segment is expected to dominate the market growth

Patient care management is expected to grow rapidly during the forecast period, owing to rising patient concerns and demand for continuous monitoring. Reduced healthcare costs reduce the burden on health care payers, and providers, rising geriatric population and chronic disease burden,  initiatives to shift the burden of risk from healthcare payers to providers, and government initiatives to promote patient-centric care are all major driving factors for the patient care management segment. Utilization management, case management, disease management, absence management, nursing, and advocacy services are all part of patient care management. The healthcare industry began focusing on digital solutions that transform the hospital patient experience and make health information more accessible. The astronomical growth of mobility solutions is currently changing the face of the healthcare industry and has become a natural extension of the healthcare industry.

For instance, it indicates that mHealth apps designed in accordance with HIPAA (Health Insurance Portability and Accountability Act) regulations have become all-important in improving patient care. The complete health records of the patients, including X-rays, vitals, prescriptions, medical history, previous consultations, and discharge notes, are stored centrally in the hospital information system and are accessible to physicians via mobile.

Healthcare Mobility Solutions Market Geographical Share

North America region is expected to hold the largest market share in the global healthcare mobility solutions market

More smartphone users and higher adoption of online services in this region are expected to boost market growth over the forecast period. With the emergence of mHealth and its applications that assist people in active personal health management, healthcare in the NorthAmerica region is experiencing positive trends. According to Statista, approximately 64% of adults in the United States use an app to track health metrics regularly.

For instance, on June 7 2021, Apple previewed advanced consumer health and wellness insights for users in California. Building on the current health features of the iPhone and Apple Watch, iOS 15 allows users to securely share their data with important people, such as a family member or physician, and receive insights into their loved ones' health trends. Furthermore, the new iOS 15 can be used to identify, measure, and comprehend changes in a person's health data. Hence, with the increasing interest of people in mobile health apps in this region, the healthcare mobility solutions market is expected to grow in the forecast period.

Healthcare Mobility Solutions Market Companies and Competitive Landscape

The global healthcare mobility solutions market is highly competitive with mergers, collaborations, and product launches. Some of the key players in the market are Omron Healthcare, Inc., McKesson Corporation, Apple Inc., Wipro, Cerner Corporation, Oracle, Cisco Systems India Pvt. Ltd, Zebra Technologies Corp., AirStrip Technologies, Koninklijke Philips N.V.

Omron Healthcare, Inc.

Overview: Omron Healthcare is a global leader in clinically proven, cutting-edge medical equipment for monitoring and therapy. Its market-leading Mobile Applications (Apps) include a comprehensive line of home blood pressure monitors, respiratory care items, and TENS devices. OMRON is the most popular brand of home blood pressure monitors recommended by doctors and pharmacists. The company was founded in the year 1974.

Product Portfolio: The company's first remote mHealth Applications service VitalSight and the new OMRON Connect 2.0 app are intended to give consumers more control over their hypertension management, provide physicians with more information to improve treatment, and strengthen the patient-physician relationship through remote monitoring.

Key Development: On January 11th, 2021, Omron Healthcare launched its first remote mHealth Applications service VitalSight and previewed a new app that will expand the capabilities of every OMRON connected blood pressure monitor.