The global healthcare satellite connectivity market is
expected to reach USD 10.1 billion by 2025 according to a new report by Grand
View Research, Inc. Globally, rising adoption of eHealth & other services
and growing usage of technology platforms by hospitals & medical providers
are crucial factors that boost the market growth.
Several governments are
working toward providing improved basic medical facilities in rural areas with
a key focus on improving connectivity infrastructure in healthcare and
provision of enhanced care services. Some of the players in satellite
connectivity are also undertaking projects in order to enhance healthcare
provisions in underserved regions. For instance, Satellite Applications
Catapult, a satellite technology company has collaborated with the Cayetano
Heredia University in Northern Peru to improve medical services in the remote
areas of Amazonia by providing enhanced connectivity solutions for mobile
healthcare facilities along with the usage of eHealth and mHealth solutions.
Furthermore, the
increasing pressure on medical facilities due to reduced budgets, ageing
population, increasing number of patients with chronic conditions, shortage of
adequately trained medical staff & doctors, lack of proper infrastructure
in rural areas, and growing demand for real-time distance learning,
telemedicine, and video services of higher quality are some of the other
factors contributing to the growing adoption of satellite technology in
healthcare. According to the Federal Communications Commission, rural areas are
underserved by terrestrial broadband services as compared to urban areas. In
2016, 20 % did not have access to services at even 4 Mbps/1 Mbps and 31 %
lacked access to 10 Mbps/1 Mbps broadband services. Provision of high-speed
satellite technology would be a key solution to eliminate this geographic
barrier and offer superior medical facilities.
Access Research Report of Healthcare Satellite Connectivity Market @
www.grandviewresearch.com/industry-analysis/healthcare-satellite-connectivity-market
Further key findings from the report suggest:
· The system & software segment held
majority of market share amongst the component segment in 2016 due to growing
demand for data analytics in the healthcare sector
· eHealth was the dominating application
segment in 2016 due to growing government initiatives promoting integration of
technology in healthcare
· Hospitals & Clinics were the dominating
end-use segment in 2016 with a share of 65.3% owing to the rising adoption of
technology platforms for delivering medical care
· Fixed mobile services held majority of the
market share in 2016 in the connectivity segment with a share of 83%
· The Asia Pacific market is expected to
witness lucrative growth over the forecast period owing to the improving
infrastructure and increasing patient pool
· Key players include Inmarsat plc; Hughes
Network Systems LLC, SES S.A., X2nSat, Expedition Communications, Globalstar,
Eutelsat
Grand View Research has
segmented the satellite connectivity in healthcare market on the basis of
component, application, end-use, connectivity, and region:
Component Outlook (Revenue, USD Million, 2014 - 2025)
·
Medical Device
·
System & Software
·
Services
Application Outlook (Revenue, USD Million, 2014 - 2025)
·
eHealth
·
Others
End-use Outlook (Revenue, USD Million, 2014 - 2025)
·
Clinical Research Organization
·
Hospitals & Clinics
·
Research & Diagnostic Laboratories
·
Others
Connectivity Outlook (Revenue, USD Million, 2014 - 2025)
·
Mobile Satellite Services (MSS)
·
Fixed Satellite Services (FSS)
Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of Healthcare Satellite Connectivity Market@ www.grandviewresearch.com/press-release/global-healthcare-satellite-connectivity-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
