Market Overview:
The global healthcare satellite connectivity market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for telemedicine and remote patient monitoring services, rising prevalence of chronic diseases, and growing investments in healthcare IT infrastructure. The medical device segment is expected to account for the largest share of the global healthcare satellite connectivity market in 2018. This segment is projected to grow at a CAGR of 11% from 2018 to 2030. The growth in this segment can be attributed to the increasing demand for telemedicine and remote patient monitoring services, rising prevalence of chronic diseases, and growing investments in healthcare IT infrastructure. The clinical research organization (CRO) segment is expected to account for the largest share of the global healthcare satellite connectivity market by application in 2018.
Product Definition:
Satellite connectivity for healthcare providers enables access to vital health information regardless of location. The importance of satellite connectivity for healthcare providers is essential for maintaining patient safety and improving the quality of care.
Medical Device:
Medical device is any machine or product which is used by medical practitioner for treatment, diagnosis, or monitoring of disease. It includes products ranging from stethoscope to MRI scanners. Medical devices are classified into two types on the basis of application as surgical and non-surgical devices.
System & Software:
System and software are the two components of healthcare satellite connectivity. It is used for medical imaging, telemedicine, patient monitoring & data storage. The system comprises hardware devices such as modems and routers along with software like communication protocols that provide internet access to end-users from a private network or public network such as WiMax or 3G/4G LTE networks.
Application Insights:
The clinical research organization (CRO) segment dominated the global healthcare satellite connectivity market in terms of revenue share in 2017. The CROs utilize the services for various applications such as data management, data analysis and communication, and image transfer & distribution. Moreover, these organizations require a high-speed network to store and retrieve large volumes of digital information along with advanced technology that enables real-time transmission of images. This is driving the demand for satellite networks at CROs which are expected to drive growth over the forecast period.
The research & diagnostic laboratories segment is anticipated to register a significant CAGR during the forecast period owing to increasing demand from medical professionals for advanced technological equipment coupled with an upsurge in R&D activities across several industries globally including pharmaceuticals and biotechnology companies.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of service providers and favorable government initiatives are responsible for its continued dominance over the forecast period. For instance, in February 2018, the U.S.-based space technology company Lockheed Martin launched a new satellite network to improve healthcare across North America region by providing better connectivity to doctors and hospitals.
Asia Pacific is expected to grow at an exponential rate during the forecast period owing to increasing demand for improved healthcare services coupled with growing investments by governments & private players in developing countries such as India & China along with other South East Asian countries such as Singapore, Thailand & Philippines among others due their rapidly growing economies.
Growth Factors:
- Increasing demand for telemedicine and telehealth services
- Rising prevalence of chronic diseases and need for remote monitoring
- Proliferation of connected medical devices and sensors
- Growing number of healthcare providers moving to cloud-based solutions
- Emergence of 5G technology and development of autonomous vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Satellite Connectivity Market Research Report
By Type
Medical Device, System & Software, Services
By Application
Clinical Research Organization (CRO), Research & Diagnostic Laboratories, Hospitals & Clinics
By Companies
Inmarsat, Hughes Network Systems, SES, X2nSat, Expedition Communications, Globalstar, Eutelsat
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Satellite Connectivity Market Report Segments:
The global Healthcare Satellite Connectivity market is segmented on the basis of:
Types
Medical Device, System & Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clinical Research Organization (CRO), Research & Diagnostic Laboratories, Hospitals & Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Inmarsat
- Hughes Network Systems
- SES
- X2nSat
- Expedition Communications
- Globalstar
- Eutelsat
Highlights of The Healthcare Satellite Connectivity Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Medical Device
- System & Software
- Services
- By Application:
- Clinical Research Organization (CRO)
- Research & Diagnostic Laboratories
- Hospitals & Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Healthcare Satellite Connectivity Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Healthcare satellite connectivity is the ability to connect healthcare providers and patients through satellite technology. This allows for faster and more efficient communication between healthcare providers and patients, as well as the sharing of medical data. Healthcare satellites can also provide real-time weather information, which can be beneficial in monitoring conditions in remote areas.
Some of the major companies in the healthcare satellite connectivity market are Inmarsat, Hughes Network Systems, SES, X2nSat, Expedition Communications, Globalstar, Eutelsat.
The healthcare satellite connectivity market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Satellite Connectivity Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Healthcare Satellite Connectivity Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Healthcare Satellite Connectivity Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Healthcare Satellite Connectivity Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Healthcare Satellite Connectivity Market Size & Forecast, 2020-2028
4.5.1 Healthcare Satellite Connectivity Market Size and Y-o-Y Growth
4.5.2 Healthcare Satellite Connectivity Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Medical Device
5.2.2 System & Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Clinical Research Organization (CRO)
6.2.2 Research & Diagnostic Laboratories
6.2.3 Hospitals & Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare Satellite Connectivity Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Healthcare Satellite Connectivity Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Medical Device
9.6.2 System & Software
9.6.3 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Clinical Research Organization (CRO)
9.10.2 Research & Diagnostic Laboratories
9.10.3 Hospitals & Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Medical Device
10.6.2 System & Software
10.6.3 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Clinical Research Organization (CRO)
10.10.2 Research & Diagnostic Laboratories
10.10.3 Hospitals & Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Medical Device
11.6.2 System & Software
11.6.3 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Clinical Research Organization (CRO)
11.10.2 Research & Diagnostic Laboratories
11.10.3 Hospitals & Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Medical Device
12.6.2 System & Software
12.6.3 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Clinical Research Organization (CRO)
12.10.2 Research & Diagnostic Laboratories
12.10.3 Hospitals & Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Medical Device
13.6.2 System & Software
13.6.3 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Clinical Research Organization (CRO)
13.10.2 Research & Diagnostic Laboratories
13.10.3 Hospitals & Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Healthcare Satellite Connectivity Market: Competitive Dashboard
14.2 Global Healthcare Satellite Connectivity Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inmarsat
14.3.2 Hughes Network Systems
14.3.3 SES
14.3.4 X2nSat
14.3.5 Expedition Communications
14.3.6 Globalstar
14.3.7 Eutelsat
