Market Overview:
The global medical terminal equipment workstation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising geriatric population, and technological advancements in medical terminal equipment workstations. Based on type, the global medical terminal equipment workstation market is segmented into stationary, mobile, and other types. The stationary type segment is expected to dominate the global medical terminal equipment workstation market during the forecast period owing to its low cost and easy installation. However, the mobile type segment is projected to grow at a higher CAGR during the forecast period due its advantages such as portability and flexibility. Based on application, the global medical terminal equipment workstation market is divided into hospitals, clinics, and other applications segments.
Product Definition:
A medical terminal equipment workstation is a piece of furniture that is used in a doctor's office or hospital to provide a convenient place for the doctor to work. The workstation typically includes a desk, chair, and storage space for medical supplies.
Stationary:
Stationary medical equipment is expected to grow at a CAGR of XX% in the coming years. The growth can be attributed to factors such as increasing geriatric population, rising prevalence of chronic diseases, and rapid technological advancements.
The global stationary medical equipment workstation market was valued at USD 1.1 billion in 2015.
Mobile:
The mobile and it's usage in medical terminal equipment workstation market is expected to witness significant growth over the forecast period. The major drivers for this market are increasing demand for smartphones, tablets, laptops and other portable devices due to growing consumer base across the globe. Moreover, these devices have high durability as compared to conventional computers which increases their life span and use of these terminals reduces its maintenance cost which further boosts the growth of this market during the forecast period.
Application Insights:
The hospital segment dominated the global medical terminal equipment workstation market in 2017. This can be attributed to factors such as increasing government funding for the construction of hospitals, rise in number of surgeries and rising prevalence of chronic diseases. Furthermore, an increase in healthcare spending by companies and individuals is expected to boost industry growth over the forecast period.
Clinic application is expected to witness significant growth over the forecast period owing to a growing preference for outpatient treatment across various regions coupled with increasing disposable income levels among consumers. Increasing demand for MTE Workstations from clinics & hospitals has been observed due largely on their ability provide ease-of-use while reducing training time required by staff members or physicians as well as improving workflow efficiency resulting in cost savings both financially and operationally speaking which will drive demand further. The other application segment includes imaging centers, diagnostic laboratories & centers, pharmacies and others (such as dental care facilities).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments by governments in healthcare infrastructure development and technological advancements in medical devices & equipment manufacturing. Moreover, high adoption of EMSW among hospitals and clinics for maintaining patient information is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to rising demand from remote patient monitoring (RPM) systems, telemedicine, e-healthcare, home health care services providers as well as ambulatory surgical centers (ASC). Furthermore, favorable government initiatives such as “Make in India†campaign by Indian government are likely boost regional product demand during 2018-2030 time frame.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Medical terminal equipment workstations are an essential part of any minimally invasive surgery setup and will thus see increasing demand in the coming years.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, and diabetes is on the rise due to changing lifestyles and aging populations. These conditions require long-term treatment plans that often include multiple doctor visits and regular use of medical terminal equipment workstations. As a result, the market for medical terminal equipment workstations is expected to grow steadily in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Terminal Equipment Workstation Market Research Report
By Type
Stationary, Mobile, Other
By Application
Hospital, Clinic, Other
By Companies
Ergotron, Diwei Industrial Co., Ltd., Better Enterprise Co., Ltd, Cybernet Manufacturing, Inc, PaxeraHealth, AFC Industries, Hologic, EIZO GmbH, HP Inc., Rein Medical GmbH, Amico Corporation, Carstens, GCX Corporation
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Medical Terminal Equipment Workstation Market Report Segments:
The global Medical Terminal Equipment Workstation market is segmented on the basis of:
Types
Stationary, Mobile, Other
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
Hospital, Clinic, Other
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:
- Ergotron
- Diwei Industrial Co., Ltd.
- Better Enterprise Co., Ltd
- Cybernet Manufacturing, Inc
- PaxeraHealth
- AFC Industries
- Hologic
- EIZO GmbH
- HP Inc.
- Rein Medical GmbH
- Amico Corporation
- Carstens
- GCX Corporation
Highlights of The Medical Terminal Equipment Workstation 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:
- Stationary
- Mobile
- Other
- By Application:
- Hospital
- Clinic
- Other
- 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 Medical Terminal Equipment Workstation 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.
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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?
A medical terminal equipment workstation is a computer system used in hospitals and other medical facilities to manage patient care. It includes a variety of software applications, such as electronic health records (EHRs), hospital information systems (HISs), and laboratory management systems (LMSs).
Some of the key players operating in the medical terminal equipment workstation market are Ergotron, Diwei Industrial Co., Ltd., Better Enterprise Co., Ltd, Cybernet Manufacturing, Inc, PaxeraHealth, AFC Industries, Hologic, EIZO GmbH, HP Inc., Rein Medical GmbH, Amico Corporation, Carstens, GCX Corporation.
The medical terminal equipment workstation market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Size & Forecast, 2018-2028 4.5.1 Medical Terminal Equipment Workstation Market Size and Y-o-Y Growth 4.5.2 Medical Terminal Equipment Workstation Market Absolute $ Opportunity
Chapter 5 Global Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Size Forecast by Type
5.2.1 Stationary
5.2.2 Mobile
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Analysis and Forecast
9.1 Introduction
9.2 North America Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Size Forecast by Type
9.6.1 Stationary
9.6.2 Mobile
9.6.3 Other
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 Medical Terminal Equipment Workstation Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Medical Terminal Equipment Workstation Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Size Forecast by Type
10.6.1 Stationary
10.6.2 Mobile
10.6.3 Other
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 Medical Terminal Equipment Workstation Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Medical Terminal Equipment Workstation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Size Forecast by Type
11.6.1 Stationary
11.6.2 Mobile
11.6.3 Other
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 Medical Terminal Equipment Workstation Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Medical Terminal Equipment Workstation Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Terminal Equipment Workstation 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 Medical Terminal Equipment Workstation Market Size Forecast by Type
12.6.1 Stationary
12.6.2 Mobile
12.6.3 Other
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 Medical Terminal Equipment Workstation Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Medical Terminal Equipment Workstation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Terminal Equipment Workstation 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) Medical Terminal Equipment Workstation Market Size Forecast by Type
13.6.1 Stationary
13.6.2 Mobile
13.6.3 Other
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) Medical Terminal Equipment Workstation Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Medical Terminal Equipment Workstation Market: Competitive Dashboard
14.2 Global Medical Terminal Equipment Workstation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ergotron
14.3.2 Diwei Industrial Co., Ltd.
14.3.3 Better Enterprise Co., Ltd
14.3.4 Cybernet Manufacturing, Inc
14.3.5 PaxeraHealth
14.3.6 AFC Industries
14.3.7 Hologic
14.3.8 EIZO GmbH
14.3.9 HP Inc.
14.3.10 Rein Medical GmbH
14.3.11 Amico Corporation
14.3.12 Carstens
14.3.13 GCX Corporation