Asia Pacific Wireless Healthcare Market

Asia Pacific Wireless Healthcare Market

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raksha

Author:

Raksha Sharma

Vineet

Fact-checked by:

Vineet Pandey

Shreyas

Editor:

Shreyas Tandon

The Asia Pacific Wireless Healthcare Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 24.79% during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing advancements in wireless communication technologies.

Wireless health is monitoring and treatment of illness with help of network service providers, technology developers, and enterprise data management communities. It can improve the quality of life of patients and doctor-patient efficiency. It is mainly used to treat the patients who are virtually connected to doctor by video conferencing and to the people where the healthcare facilities are not available.

Asia Pacific Wireless Healthcare Market Outlook

The COVID-19 pandemic positively impacted the wireless healthcare market due to rapid growth in digital health and telehealth services, which is important for remote diagnosis, care, and consultation.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for wearable gadgets to continuously monitor patients is projected to boost the market growth in the coming years.

  • Rising geriatric population is anticipated to the market growth during the forecast period.

  • Growing burden of chronic conditions is estimated to spur the market growth in the coming years.

  • Increasing use of fitness devices is anticipated to drive the market growth during the forecast period.

  • Rising adoption of healthcare IT solutions is anticipated to the market growth during the forecast period.

  • Increasing need for quality care is estimated to spur the market growth in the coming years.

  • Growing need for upgrading the existing software is projected to boost the market growth in the coming years.

  • Rising demand for availability of technologically advanced products and their use in health monitoring is projected to boost the market growth in the coming years.

  • Growing Internet penetration is anticipated to the market growth during the forecast period.

  • Issues related to cyber security and security is estimated to restrict the market growth.

  • Lack of skilled IT professionals can restrict the market growth.

  • Data security concerns is estimated to restrict the market growth.

  • Increasing awareness among people about technology has led to new opportunities in the market.

Scope of the Report

The report on the Asia Pacific wireless healthcare market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Asia-pacific Wireless Healthcare Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Components (Hardware, Software, and Services) and Applications (Hospitals and Nursing Homes, Home Care, and Pharmaceuticals)

Geography

China, Japan, India, Australia, and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

AT & T Inc.; Cisco System Inc.; Koninklijke Philips N.V.; Qualcomm Technologies Inc.; and Samsung Electronomics Co. Ltd.

 

Asia Pacific Wireless Healthcare Market Segment Insights

Software segment to hold a significant market share

On the basis of components, the market is divided into hardware?, software?, and services. The hardware segment is anticipated to hold a key share of the market in the coming. However, the software segment is anticipated to expand at a rapid pace during the forecast period.

Pharmaceuticals segment is projected to expand at a considerable CAGR

Based on applications, the market is segregated into hospitals and nursing homes?, home care?, and pharmaceuticals. The hospitals and nursing homes segment is expected to represent a key share of the market in the upcoming years, as they can provide expert medical attention and provide round-the-clock care. On the other hand, the pharmaceuticals segment is anticipated to expand at a rapid pace during the forecast period owning to better health outcomes, low price, and intense growth and competition.

Asia Pacific Wireless Healthcare Market Applications

India is estimated to account a major market share

On the basis of regions, the Asia-pacific wireless healthcare market is classified as China, Japan, India, Australia, and Rest of Asia Pacific. Japan is expected to constitute a key share of the market during the projected period due to initiatives undertaken for the development of eHealth and clinical interoperability. However, the market in India is anticipated expand at a rapid pace during the forecast period owing to laws and standards that are being introduced for securing patient information, thereby protecting patient interests.

Segments

The Asia-pacific wireless healthcare market has been segmented on the basis of

Components

  • Hardware
  • Software
  • Services

Applications

  • Hospitals and Nursing Homes​
  • Home Care​
  • Pharmaceuticals

Geography

  • China
  • Japan
  • India
  • Australia
  • Rest of Asia Pacific

Key Players

  • AT & T Inc.
  • Cisco System Inc.
  • Koninklijke Philips N.V.
  • Qualcomm Technologies Inc.
  • Samsung Electronomics Co. Ltd

Competitive Landscape

Key players competing in the Asia-pacific wireless healthcare market includes AT & T Inc.; Cisco System Inc.; Koninklijke Philips N.V; Qualcomm Technologies Inc.; and Samsung Electronomics Co. Ltd.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Asia Pacific Wireless Healthcare Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wireless Healthcare Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Wireless Healthcare Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Wireless Healthcare Market - Supply Chain
  4.5. Global Wireless Healthcare Market Forecast
     4.5.1. Wireless Healthcare Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Wireless Healthcare Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Wireless Healthcare Market Absolute $ Opportunity
5. Global Wireless Healthcare Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Wireless Healthcare Market Size and Volume Forecast by Applications
     5.3.1. Hospitals and Nursing Homes
     5.3.2. Home Care
     5.3.3. Pharmaceuticals
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Wireless Healthcare Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Wireless Healthcare Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Wireless Healthcare Demand Share Forecast, 2019-2026
7. North America Wireless Healthcare Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Wireless Healthcare Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Wireless Healthcare Market Size and Volume Forecast by Applications
     7.4.1. Hospitals and Nursing Homes
     7.4.2. Home Care
     7.4.3. Pharmaceuticals
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Wireless Healthcare Demand Share Forecast, 2019-2026
8. Latin America Wireless Healthcare Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Wireless Healthcare Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Wireless Healthcare Market Size and Volume Forecast by Applications
     8.4.1. Hospitals and Nursing Homes
     8.4.2. Home Care
     8.4.3. Pharmaceuticals
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Wireless Healthcare Demand Share Forecast, 2019-2026
9. Europe Wireless Healthcare Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Wireless Healthcare Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Wireless Healthcare Market Size and Volume Forecast by Applications
     9.4.1. Hospitals and Nursing Homes
     9.4.2. Home Care
     9.4.3. Pharmaceuticals
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Wireless Healthcare Demand Share Forecast, 2019-2026
10. Asia Pacific Wireless Healthcare Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Wireless Healthcare Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Wireless Healthcare Market Size and Volume Forecast by Applications
     10.4.1. Hospitals and Nursing Homes
     10.4.2. Home Care
     10.4.3. Pharmaceuticals
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Wireless Healthcare Demand Share Forecast, 2019-2026
11. Middle East & Africa Wireless Healthcare Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Wireless Healthcare Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Wireless Healthcare Market Size and Volume Forecast by Applications
     11.4.1. Hospitals and Nursing Homes
     11.4.2. Home Care
     11.4.3. Pharmaceuticals
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Wireless Healthcare Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Wireless Healthcare Market: Market Share Analysis
  12.2. Wireless Healthcare Distributors and Customers
  12.3. Wireless Healthcare Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. AT & T Inc.
     12.4.2. Cisco System Inc.
     12.4.3. Koninklijke Philips N.V.
     12.4.4. Qualcomm Technologies Inc.
     12.4.5. Samsung Electronomics Co. Ltd

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