The Global Healthcare Mobility Solutions Market is projected to reach $361.01 billion by 2028, from a value of $105.28 billion in 2022, by registering a CAGR of 22.8% during the forecast period. Growing adoption of smartphones and tablets in healthcare systems, rising influence of social media on healthcare, rising focus on patient-centric mobility applications, surge in the adoption of electronic health records, and robust penetration of wireless networks such as 2G and 3G are the major factors propelling the growth of the market. However, data security issues and lack of standard communication protocols and reimbursement policies are hampering market growth. Moreover, development of novel healthcare mobility systems that can support a larger volume and variety of connected devices are creating ample opportunities across the globe.
Recent Developments
In February 2021, Zebra Technologies Corporation expanded its presence in Singapore. The corporation pledged to promote technology change for businesses of all sizes, as well as Singapore’s Smart Nation goals.
In January 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.
In June 2020, Fitbit Inc. launched a new ready for work solution to give employees the access of key health metrics from their fitbit device. It provides exposure to symptoms and temperature logging.
In May 2020, Cisco System Inc. acquired an innovative platform ThousandEyes, Inc. ThousandEyes Inc. is a provider of internet and cloud intelligence headquartered in San Francisco, U.S. ThousandEyes Internet and Cloud intelligence platform delivers deep visibility and insights into the digital delivery of applications and services over the Internet.
In October 2019, Cerner Corporation signed a definitive agreement to acquire AbleVets, a strategic IT consulting and engineering firm as a wholly-owned subsidiary. The acquisition will provide Cerner even greater scale and technical expertise in designing and implementing modernization solutions, particularly in the federal space.
Competitive Landscape
Apple, Inc., Zebra Technologies, Oracle Corporation, SAP SE, AT & T, Inc., McKesson Corporation, Omron Corporation, Hewlett-Packard (HP), IBM Corporation, Airstrip Technologies, Inc., Verizon Communications, Inc., Cerner Corporation, Koninklijke Philips N.V, Cisco Systems, Inc., Wipro Limited, Qualcomm, Inc., Microsoft, Inc., Honeywell International Inc., and Fitbit Inc. are some of the major players in the global Healthcare Mobility Solutions market.