Healthcare Mobility Solutions Market

Global Healthcare Mobility Solutions Market Size (2024 to 2029)

The size of the global healthcare mobility solutions market is estimated to be worth USD 303.78 billion by 2029 from USD 109.81 billion in 2024, growing at a CAGR of 22.57% during the forecast period.

Healthcare mobility solutions are the latest technological advances in the world of medicine. Healthcare mobility solutions help organizations improve workflow and manage worker and patient data more effectively. These services are provided through mobile applications and enterprise solution platforms. Enterprise solutions from various healthcare IT companies offer several advantages, including cost-effective healthcare administration and effective healthcare resource management.

MARKET DRIVERS

The growth of the global healthcare mobility solutions market is primarily expected to be driven by greater public awareness of the potential benefits of healthcare management, rising demand for point-of-care diagnosis and treatment, increased focus on personalized medicine, and a patient-centered approach.

A greater focus on patient-centric mobility applications, advanced connectivity to improve the quality of healthcare solutions, and higher cost efficiency of mobility solutions resulting in streamlined workflows, nursing staff and doctor shortages driving adoption of mobility solutions, and robust penetration of wireless networks such as 2G and 3G are driving the market ahead. Improved health outcomes have benefited physicians, patients, promoters, facilities, and communities due to advancements and the use of telemedicine and mHealth technologies. These solutions have boosted patient engagement while also encouraging proper mobile technology usage. In addition, the rising need to manage regulatory compliance through healthcare IT solutions, the increasing need to limit healthcare costs, the growing focus on improving the quality of care and clinical outcomes, the rising use of big data, the high prevalence of chronic diseases, and the increasing use of smart devices are further contributing to the market's growth.

In addition, the surge in demand for these solutions due to their cost-effectiveness and ease of use, resulting in improved workflow and doctors supporting the adoption of mobility solutions, has a positive impact on the healthcare mobility solutions market. Furthermore, a shortage of nursing personnel increased digitization in the healthcare sector, wireless network penetration, improved healthcare infrastructure, and increased healthcare spending all benefit the healthcare mobility solutions market. Furthermore, in the forecast period, technological advances provide profitable opportunities for healthcare mobility solutions market players. Even though clinical professionals and consumers worldwide choose mobile devices and healthcare apps to track and control healthcare outcomes, the limited ability of mHealth apps to exchange and access information is a minor impediment to the market's rapid expansion. Nonetheless, during the projected period, digitization in healthcare and the demand for patient care management systems are expected to provide a profitable opportunity for the growth of the global healthcare mobility solutions market.

MARKET RESTRAINTS

Increased data security concerns and a lack of common communication methods and payment policies are projected to hamper the growth of the global healthcare mobility solutions market. In addition, the global healthcare mobility solutions market is further expected to be challenged by infrastructure and financial difficulties and the short battery life of mobile laptops.

Impact of COVID-19 on the Global Healthcare Mobility Solutions Market

Due to the rising demand for telemedicine and mHealth to prevent the transmission of COVID-19 infections among people, the market is expected to develop quickly during the forecast period. In addition, the market is seeing the development of solutions in response to the Covid-19 pandemic. In June 2020, Fitbit, for example, launched a new Ready for Work solution that gives employees access to key health metrics from their Fitbit device, as well as exposure, symptom, and temperature logging, to help employers deal with the unprecedented challenge of returning to work during the COVID-19 pandemic.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Healthcare Mobility Solutions Market Analysis By Product

Based on the product, due to the growing demand for mobile healthcare apps, the mobile application segment is likely to rise significantly throughout the forecast period. However, due to the increased need from hospitals and other providers to maintain and optimize operational efficiency, enterprise mobility solutions are likely to see an uphill shift during the period.

Global Healthcare Mobility Solutions Market Analysis By Application

Over the forecast period, the patient care management segment is expected to grow at a healthy rate. Due to increased patient concerns and the desire for continuous monitoring, patient care management is expected to grow at a high CAGR throughout the forecast period. In addition, the expanding elderly population and burden of chronic diseases, implementation of initiatives to shift the risk burden from payers to providers, and government attempts to promote patient-centric care are significant driving drivers for the patient care management market.

Global Healthcare Mobility Solutions Market Analysis By End-User

Providers are expected to have the largest share in the global healthcare mobility solutions market during the forecast period based on the end-user. The massive penetration of capable devices such as mobile devices, RFID scanners, and bar code scanners in healthcare systems such as hospitals, clinics, and other ambulatory care settings is primarily responsible for this end-user segment's large share. In addition, the segment's growth is also aided by the widespread use of mobile applications to streamline workflow and performance of healthcare processes and patient outcomes.

REGIONAL ANALYSIS

Geographically, North America held the largest share in the global healthcare mobility solutions market in 2023 and is projected to continue the lead throughout the forecast period, owing to a higher number of smartphone users and increased use of online services, both of which are likely to drive market expansion throughout the projection period. In addition, with the emergence of mHealth and its applications that assist people in active personal health management, healthcare in the North American region is experiencing positive trends.

The healthcare mobility solutions market is expected to develop rapidly in Asia-Pacific, owing to the faster adoption of smartphones and related advanced connectivity and network and an increase in the number of chronic conditions. In addition, developing countries such as India, and China, will boost the Asia-Pacific market. This is due to the increasing number of healthcare systems, such as hospitals, clinics, nursing homes, and other ambulatory care settings, the rising prevalence of chronic diseases and disorders that necessitate continuous patient monitoring, and the growing awareness of the benefits of mobility solutions in healthcare.

KEY MARKET PLAYERS

Companies playing an influential role in the global healthcare mobility solutions market profiled in this report are Oracle Corporation, Cisco Systems, Inc., Koninklijke Philips N.V., SAP SE, Zebra Technologies Corporation, Cerner Corporation, AT&T Inc., Honeywell International Inc., [X]CUBE Labs and AirStrip.

RECENT HAPPENINGS IN THIS MARKET

• Cisco announced its intentions to purchase ThousandEyes, Inc., a privately held supplier of internet and cloud intelligence platforms based in San Francisco, California, in May 2020.
• In October 2019, Cerner Corporation signed a definitive agreement to buy AbleVets, a strategic IT consulting and engineering company.
• Zebra Technologies Corporation expanded its presence in Singapore in February 2021. The corporation pledged to promote technology change for businesses of all sizes, as well as Singapore's Smart Nation goals.

DETAILED SEGMENTATION OF THE GLOBAL HEALTHCARE MOBILITY SOLUTIONS MARKET INCLUDED IN THIS REPORT

This research report on the global healthcare mobility solutions market has been segmented and sub-segmented based on products & services, applications, end-user, and regions.

By Product

• Mobile Devices
• Mobile Applications
• Enterprise Mobility Platforms

By Application

• Enterprise Solutions
  • Operation Management
  • PatientCare Management
  • Workforce Management
• mHealth Applications

By End-User

• Payers
• Providers
• Patients

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa