HomeTechnologyWireless Technologies Help To the Growth of the Mhealth Market

Wireless Technologies Help To the Growth of the Mhealth Market

Wireless technologies are catalyzing the expansion of the mHealth market, revolutionizing healthcare accessibility. Through seamless connectivity, mobile health solutions empower patients and healthcare professionals, fostering rapid growth in telemedicine, remote monitoring, and health app adoption. This synergy enhances healthcare delivery, making it more efficient, convenient, and widespread.

Wireless and Telecommunications Technologies Help To Increase the Growth of the Mhealth Market from 2018 To 2025

mHealth Market is a collection of strategies for enhancing wireless health care publicly to deliver health education and support the utilization of electronic data and telecommunications technologies. Electronic information and telecommunications technologies facilitate long-distance clinical health care, patient health-related education, public health, and health administration.

The term “mHealth” is used to explain the unprecedented spread of using mobile technologies and advancements in their innovative applications, to address health priorities that have evolved into a new field of eHealth that’s called mHealth.

These advanced and innovative technologies include live video-conferencing, store-and-forward imaging, streaming media, mobile health, terrestrial & wireless communications, and the internet.

The above factors increase the demand for worldwide health solutions and services. The gradual growth within the treatment and diagnosis is also expected to increase the need for the health Market within the forecast period.

The health market is divided based on services; devices end users. Based on services, the market is assessed as remote observation, diagnosis, treatment, health support, fitness, and others. In 2016, the remote monitoring services segment held the most significant market share by services.

Based on the devices segment, the market is segmental into the insulin pump, B.P. monitor, glucose monitor, individual pulse oximeters, and others. Based on the user, the market is categorized into mobile operators, device vendors, health providers, and others.

There has been a considerable improvement in recent years. Rise in the rate of using mobile and wireless technologies that support the achievement of mobile health service delivery across the globe.

To propel the growth, this is a powerful combination that includes the continuous increase in coverage of mobile cellular networks and the rapid advances in mobile technologies. According to the International Telecommunication Union (ITU), over 5 billion wireless subscribers are estimated, whereas 70% of the population is in low- and middle-income countries.

The market is divided geographically into North America, Europe, and Asia Pacific. (APC), the Middle East, Africa (MEA), and South and Central America (S&CAM). The health market is matured in the North American region, owing to the increasing utilization of connected medical devices and the increasing adoption of mHealth apps in managing chronic diseases in the U.S.

The telecommunication industry has established well at a higher pace in the past decade in the country. Treatment promptly is a major factor that brings more and more users to health. The availability of the diagnosis at an efficient price, as well as the demand for live video-conferencing and mobile health among the population in the region, is the primary factor driving the application in the market. Due to these factors, the market will likely grow in the forecast period.

The players operating in the global health market include LifeWatch, KONINKLIJKE PHILIPS N.V., Medtronic, Boston Scientific Corporation, athenahealth, Inc., Honeywell Life Care Solutions, Cisco Systems, Inc., OMRON Corporation, Masimo, AgaMatrix, Inc. and among others.

About the Guest Author: Nikhil Bhusare

Nikhil has always had a keen interest in reading and writing. Though an Engineering graduate, He forayed into the writing field due to his love for words and the urge to do something different. Insight Partners has given him a chance to gain knowledge about various subjects. He aspires to make each of his written works a piece of art.

Wireless Technologies

Wireless technologies are technologies that enable the transmission of data or information without the use of physical wires or cables. These technologies rely on electromagnetic waves, such as radio waves or infrared waves, to transmit data over distances.

Wireless technologies are used in a wide variety of applications, including:

Cellular networks: These networks enable mobile phones to connect to the internet and make calls. 

Wi-Fi: This technology is used to connect computers and other devices to the internet within a short range. 

Bluetooth: This technology is used to connect devices such as headphones, speakers, and printers to computers and other devices. 

GPS: This technology is used to track the location of objects, such as cars and people. 

RFID: This technology is used to identify objects, such as products in a store or animals on a farm. 

Wireless technologies have revolutionized the way we communicate and interact with the world around us. They have made it possible for us to stay connected to the internet, access information, and control devices from anywhere in the world. As wireless technologies continue to develop, they will continue to play an increasingly important role in our lives.

Growth of the Mhealth Market

The mHealth market is the segment of the healthcare industry that uses mobile and wireless technologies to deliver healthcare services and information. This market is experiencing rapid growth, driven by a number of factors, including the increasing adoption of smartphones and wearable devices, the growing demand for consumer-driven healthcare solutions, and the increasing availability of mHealth apps and platforms.

The mHealth market is expected to reach USD 269.31 billion by 2032, with a compound annual growth rate (CAGR) of 12.3% from 2023 to 2032.

This growth is being driven by a number of factors, including:

The increasing adoption of smartphones and wearable devices: In 2022, there were an estimated 6.6 billion smartphone users worldwide, and this number is expected to grow to 8 billion by 2025. Wearable devices are also becoming increasingly popular, with an estimated 220 million smartwatches and fitness trackers sold in 2022.

The growing demand for consumer-driven healthcare solutions: Patients are increasingly taking control of their health, and they are demanding more convenient and accessible healthcare solutions. mHealth apps and platforms can provide patients with a wealth of information and tools to manage their health, such as tracking their symptoms, monitoring their progress, and connecting with healthcare providers.

The increasing availability of mHealth apps and platforms: There is now a wide variety of mHealth apps and platforms available, covering a wide range of health conditions and needs. This makes it easier for patients to find the mHealth solutions that are right for them.

The growth of the mHealth market is having a transformative impact on the healthcare industry. mHealth is helping to improve access to care, reduce healthcare costs, and improve patient outcomes. mHealth is also helping to empower patients to take control of their health.

The future of the mHealth market is bright. As technology continues to evolve, we can expect to see even more innovative mHealth solutions emerge. These solutions have the potential to revolutionize the way we deliver and receive healthcare.



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