WIRELESS HEALTH MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Key Developments

• On April 2024, GE HealthCare, a leading global medical technology and digital solutions innovator, introduced Caption AI, an artificial intelligence software integrated into their Vscan Air SL wireless handheld ultrasound system. This innovation provides clinicians with real-time, step-by-step guidance to acquire diagnostic-quality cardiac images and automated ejection fraction estimation, enhancing rapid cardiac assessments at the point of care.
• In December 2023, GE HealthCare entered into a joint commercialization agreement with AirStrip, a pioneer in mobile interoperability and analytics solutions for healthcare. This collaboration designates GE HealthCare as the exclusive the U.S. distributor of AirStrip's cardiology and patient monitoring solutions, offering healthcare systems a comprehensive ecosystem of integrated tools that support efficient workflow and near real-time patient monitoring across mobile devices and the web.
• In April 2023, Cherish, a company specializing in intelligent radar-based sensor platforms for health and safety monitoring, announced a collaboration with AT&T, a telecommunications company. Their innovative sensing device, Serenity Cherish, designed to enhance quality of life, features AT&T cellular connectivity for seamless, contactless operation upon its 2023 release. This partnership aims to benefit enterprise customers, including care homes, assisted living facilities, and healthcare providers, by providing advanced connectivity solutions.
• In March 2023, Amala Hospital, a renowned healthcare institution in Kerala, India. introduced a state-of-the-art smart ward. In collaboration with LifeSigns, an India-based health-tech startup specializing in wearable wireless technology, the hospital implemented iMS technology in its medicine and cardiology departments. This initiative aims to enhance patient outcomes and reduce medical errors through continuous patient monitoring.
• In June 2022, NHS Digital, the national information and technology partner to the health and social care system in England, launched the Wireless Centre of Excellence trials. These trials aim to investigate the potential of wireless technologies in improving healthcare delivery by offering funding to NHS organizations to explore innovative wireless solutions that enhance connectivity and care in health settings.