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Wireless Health Market

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<strong>Wireless</strong> <strong>Health</strong> <strong>Market</strong><br />

The major drivers for <strong>Wireless</strong> <strong>Health</strong> market include increasing demand for platelet screening programs<br />

to identify diseases like HIV, Dengue etc. In addition, the market is also expected to fuel by demand from<br />

a patient population undergoing anti-platelet therapy. Apart from this, increasing geriatric population<br />

globally coupled with the growing incidences of target diseases are also expected to boost this market in<br />

coming five years. Furthermore, a wide range of new applications of <strong>Wireless</strong> <strong>Health</strong> such as<br />

assessment of surgical bleeding risk, identification of genetically acquired platelet defects etc. are also<br />

expected to drive the market growth within the forecast period. However, the high cost of purchase and<br />

limited scope at the level of end users are expected to hamper the market growth in coming five years. In<br />

spite of these restraints, research and development in the platelet devices market are expected to be an<br />

opportunity for this market in the forecast period.<br />

The global market for wireless health is segmented on the basis of the component, technology,<br />

application, and end-user. The component segment is led by software in the year 2016. Technology<br />

segment is categorized into WLAN/Wi-Fi, WPAN, WiMAX, and WWAN. This segment was dominated by<br />

WPAN technology by accounting for the largest share in this market in 2016. This technology is highly<br />

secure and affordable which are the major driving factors for it in the wireless health market.<br />

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Based on application, wireless health market segment is categorized into patient-specific, patient<br />

communication and support, physiological monitoring and provider/payer-specific. On the basis of enduser,<br />

this market is categorized into; providers, payers and patients/individuals. The end-user segment<br />

was dominated by the providers by capturing the largest share on this market in 2016.<br />

In terms of geography, North America has accounted the largest share of <strong>Wireless</strong> <strong>Health</strong> market in<br />

2016. It is also expected to grow at the highest CAGR within the forecast period. The U.S. holds the<br />

largest market share for this market in North America owing to the presence of leading manufacturers in<br />

this region. In addition, the large patient population for target diseases; growing number of surgical

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