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Research and Market Adds Report on Global Wireless Health Market to its Offering

Nov 15 2013

Research and Markets has announced the addition of the "Wireless Health Market (WLAN, WMAN, WPAN, Sensors, Smartphone's, Tablet PC, Mobile APPS) - Global Trends, Opportunities, Competitive Landscape & Forecasts (2013 - 2018)" report to their offering.

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.

The global wireless health market is witnessing positive growth dynamics with advancements in wireless information and communication technology, coupled with the availability of inexpensive wireless-based devices. The World Health Organization has calculated significant cost reduction and maternal and perinatal mortality through mhealth adoption. Wireless technologies in healthcare enable wireless transmission of medical information such as health records and real-time patient data through radio/infrared signals/networks, thereby facilitating clinicians to monitor patients remotely in real time, provide timely health information and reminders, and offer support.

The major drivers impacting the growth of this market are increasing awareness, aging population, need to combat increasing healthcare expenditure, chronic disease management, and technological advances in the field. The increasing adoption of wireless health delivery by medical communities and patients to connect to real-time network communication systems for optimized care is expected to be a major growth factor. However, privacy and security issues, lack of standard communication protocols, and infrastructural and cost issues are stumbling blocks to growth of the market.

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.

Scope of the Report

Market by Segment:

Wireless Network Technologies
- WLAN (Wi-Fi)
- WiMAX (WMAN)
- WPAN
  - Bluetooth
  - RFID
  - Z-Wave
  - UWB
  - ZigBee
- WWAN (CDMA, GPS, 3G, and GPRS)
Wireless Sensor Networks
Handheld Devices