Global Satellite Connectivity in Healthcare Market Trends

Posted by Namita Kirve on May 18th, 2021


Global Satellite Connectivity in Healthcare Market was valued at USD 8.1 billion in 2019 which is expected reach USD 13.1 billion at a CAGR 7.5%.

The global Satellite Connectivity in healthcare market gaining popularity from past few years and it is expected to grow in near future due to increase in prevalence of chronic diseases and increase in treatment costs. These driving factors will accelerate the adoption of faster technology in healthcare sector. Satellite connectivity is the best solution for better health services.

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Rise in adoption of eHealth and other services as well as growing usage of technology platforms by hospitals and medical providers are important driving factors which are expected to boost the global satellite connectivity in healthcare market. Furthermore, many governments are working towards providing improved healthcare facilities in rural areas which is expected to propel the global satellite connectivity in healthcare market growth. Also, growing prevalence of chronic diseases like diabetes, increase in medical services costs will enhance demand for advanced technologies in healthcare industry which is expected to drive the market growth during this forecast timeline. Many rural areas facing challenges such as lack of healthcare infrastructure, skilled healthcare professionals and access to health services, to overcome such challenges satellite connectivity is the best solution. Satellite connectivity offer digital imaging, e-learning & consultation, remote patient monitoring, and access to life sessions to improve knowledge of healthcare professionals.

Bandwidth problems and lack of trained professionals to handle this technology are restraining factors which expected to limit the global satellite connectivity in healthcare market growth. Also, low penetration of internet services in remote areas will hinder the market growth during this forecast period.

Market segmentation

Global Satellite Connectivity in Healthcare Market is segmented into component such as Medical device (Wearable External devices, Implanted Medical devices, and Stationary Medical devices), System & Software (Data Analytics, Remote Device management, Network Bandwidth Management, and Network security), Services (System Integration services, Consulting, Training, & Education, and Support & Maintenance Services), by application such as eHealth, and Others, by connectivity such as Mobile Satellite Services, and Fixed Satellite Services. Further, market is segmented into end use such as Clinical Research Organization, Hospitals & Clinics, Research & Diagnostic Laboratories, and Others.

Also, Global Satellite Connectivity in Healthcare Market is segmented on the basis of five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report AT&T Intellectual Property, Orbcomm , Intelsat ,  Inmarsat Plc. ,  Hughes , Ses S.A. , Globalstar, Inmarsat Plc, X2nSat, and Expedition Communications.

Market Taxonomy

By Component

  • Medical Device
  • Wearable External devices
  • Implanted Medical devices
  • Stationary Medical devices
  • System & Software
  • Data Analytics
  • Remote Device management
  • Network Bandwidth Management
  • Network security
  • Services
  • System Integration services
  • Consulting, Training, & Education
  • Support & Maintenance Services

By Application

  • eHealth
  • Others

By connectivity

  • Mobile Satellite Services
  • Fixed Satellite Services

By End Use

  • Clinical Research Organization
  • Hospitals & Clinics
  •  Research & Diagnostic Laboratories
  •  Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Namita Kirve

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Namita Kirve
Joined: April 9th, 2021
Articles Posted: 59

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