Wireless Health Market Driven By Rising Focus on Preventive Healthcare
- Ronak Shah
- U.S.A
- January 14, 2025

Iamge: Sebastián García
The wireless health market is estimated to be valued at US$ 235.1 Mn in 2024 and is expected to exhibit a CAGR of 18.5% over the forecast period 2024 -2031, as highlighted in a new report published by Coherent Market Insights.
Key Market Dynamics: The wireless health market is driven by rising focus on preventive healthcare and increasing adoption of wireless connected devices. Preventive healthcare aims to prevent diseases, medical conditions, and injuries as opposed to treating them after they occur. With growing focus on prevention, wireless health devices and solutions are gaining popularity as they enable continuous remote monitoring of vital health parameters without any hospital visit or medical professional supervision.
Wireless health solutions range from wearable medical devices to stand-alone health monitors and sensors for diet, fitness, and therapy. Several companies are launching innovative wireless devices for diagnosis, treatment, education, care management, and lifestyle management. This is expected to fuel growth of the wireless health market during the forecast period.
Know the Latest Trends and Insights:
Key Market Trends: Increasing penetration of mobile health apps and rising adoption of AI and IoT in healthcare are the key trends observed in the wireless health market. The global mHealth app market is witnessing strong growth driven by increasing smartphone penetration. Majority of health organizations are encouraging use of mHealth apps that allow patients to monitor and manage their health through their smartphones. AI and IoT integration with wireless health devices is improving accuracy of health data analysis.
AI helps analyze large volumes of health data to identify patterns and insights to support clinical decision making. IoT enables remote monitoring of patients’ health and wellness outside of clinical settings through integration of wireless sensors, monitors and wearables with medical devices. This is expected to further drive adoption of wireless connected devices and positively impact growth of the wireless health market.
Wireless Health Market Opportunities and Takeaways
By Product Type: Wearable Devices: The growing adoption of wearable health monitoring devices is fueling the growth of this segment. Factors such as increasing health awareness, rising focus on preventive healthcare, and advancement in miniaturization of medical devices are boosting the demand for wrist-worn smart bands, smartwatches, fitness trackers and other ambulatory monitoring devices across the globe.
By Component: Hardware: The hardware segment dominated the market in 2024 owing to large-scale deployment of wireless monitoring devices, routers, and hubs in healthcare organizations. Moreover, continued technological advancements resulting in the development of miniature and affordable medical grade sensors and devices are supporting the growth of this segment.
Key Market Takeaways: The global wireless health market is anticipated to witness a CAGR of 18.5% during the forecast period 2024-2031, owing to increasing penetration of digital healthcare solutions worldwide. On the basis of product type, wearable devices segment is expected to hold a dominant position, due to surging demand for continuous health monitoring solutions.
On the basis of component, the hardware segment is expected to hold a dominant position over the forecast period, due to growing need for miniaturized medical-grade hardware. On the basis of region, North America is expected to hold a dominant position over the forecast period, due to rising healthcare expenditure and presence of advanced healthcare infrastructure in the region.
Key players operating in the wireless health market include IBM, Philips Healthcare, Cerner Corporation, Qualcomm Technologies, Inc., Medtronic, GE Healthcare, Omron Healthcare, Apple Inc., Samsung Electronics, Fitbit, Inc., Honeywell Life Sciences, Boston Scientific, Abbott Laboratories, Siemens Healthineers, and Allscripts Healthcare Solutions. Mergers & acquisitions and continuous technological innovations are among the major strategies adopted by these players.
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