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Global Healthcare Mobility Solutions Market to Exhibit 25.50% CAGR 2015-2023

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Published on : Mar 23, 2016

ALBANY, New York, March 23, 2016:  A recent report added to the rapidly expanding market research report portfolio of ResearchMoz.us gives an expansive overview of the global market for healthcare mobility solutions and presents detailed analysis of the several factors that will play a crucial role in shaping the future of the market. The report analyzes the past and present state of market elements on a global as well as a regional basis and presents qualitative and quantitative data about them.

The report states that the market will expand at an unprecedented 25.50% CAGR over the period between 2015 and 2023. The rising popularity and adoption of mobile computing devices such as smartphones, PDAs, and tablets in the healthcare industry is projected to provide a significant boom to the overall popularity of healthcare mobility solutions in the coming years.

The report, titled “Healthcare Mobility Solutions (Payers, Providers, and Patients (Individuals)) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,” states that the market, which had a valuation of US$20.1 bn in 2014, will rise to US$148.7 bn by 2023. Along with the increased penetration of mobile devices in the healthcare domain, factors such as the rising focus on patient-centric applications and improved penetration of high-speed network technologies such as 3G and 4G even across remote locations are proving instrumental in driving an increased demand for a variety of healthcare mobility solutions.

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The report segments the global healthcare mobility solutions market on the basis of four criteria: product and service, application, end user, and geography. On the basis of product and service, the market has been segmented into mobile devices, enterprise mobility platform, and mobile applications.

On the basis of end user, the market has been segmented into payers, providers, and patients (individuals). Of these, the segment of healthcare service providers held a dominant 45.4% share in the global market in 2014. Over the report’s forecast period, however, the segment of patients (individual users of healthcare mobility solutions) is projected to expand at the fastest pace, an estimated 25.8% CAGR.

Of the key application areas of healthcare mobility solutions examined in the report, the segment of enterprise solutions accounted for a dominant share in the global market in terms of revenue in 2014. However, the segment of mHealth applications is expected to expand at the fastest rate, an estimated 25.60% CAGR, over the report’s forecast period.

Of the key regional markets for healthcare mobility solutions analyzed in the report, North America led the market, followed by the Europe and Asia Pacific regional markets, in 2014.

The report also presents a comprehensive overview of the competitive landscape of the global healthcare mobility solutions market, which, according to the report, is highly fragmented owing to the presence of a large number of vendors. Some of the major vendors in the market are Cerner Corporation, Koninklijke Philips N.V., Oracle Corporation, SAP SE, Cisco Systems, Inc., and AT&T, Inc.

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