Wireless Health Market Expected to Open Up New Growth Avenues in the Near Future
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With the increasing number of geriatric population coupled with the need of continuous health monitoring is the major driving factor for the demand of wireless health. In addition, innovative advancements in wireless communication technologies and increasing adoption of the utilization of wireless connected devices in the management of chronic diseases are also expected to supplement the growth in this market within the forecast period. Furthermore, increasing penetration of internet is also expected to boost the growth in wireless health market. However, the high initial cost of wearable health devices, dearth of well trained & skilled professionals and Tortuous and expensive paths for introducing wireless innovations into healthcare products and services, such as those involving
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On the basis of the component, the global wireless health market is categorized into; software, hardware and services. In this segment, software has dominated by accounting for the largest share of the global market in 2016. Major growth driver for the demand of software includes rising adoption of healthcare IT solutions. On the basis of technology, wireless health market segment is categorized into WLAN/Wi-Fi, WPAN, WiMAX and WWAN.
On the basis of application,
The regional segmentation includes the present and forecast demand for
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Some of the key players of wireless health market such as
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