USD 1.1 billion
Report ID:
SQSG35B2004 |
Region:
Global |
Published Date: February, 2024
Pages:
272
|Tables:
68
|Figures:
75
Global Healthcare Kiosk Market size was valued at USD 1.1 billion in 2019 and is poised to grow from USD 1.26 billion in 2023 to USD 4.37 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).
Healthcare kiosks are becoming increasingly popular, as they provide a convenient way for people to access healthcare. They are typically located near hospitals or other health care facilities, and they offer a variety of services. Some of the services that healthcare kiosks offer include prescription refills, vaccinations, and health screenings. Patients can address their difficulties digitally by using facilities such as patient check-in, restricted entrance, patient portals, building directories, and navigation. Furthermore, with the aid of health kiosks, the strain on healthcare workers is reduced to come extent, allowing the staff more time to focus on patient care, which further promotes the healthcare kiosk market growth.
The market is seen transforming the operations of healthcare kiosks, such as wayfinding health kiosks and patient check-in kiosks with the contribution of technological advancements. Wayfinding health kiosks are a smart strategy and a tech-savvy solution to improve user experience, and allow patients to traverse and navigate incredibly large facilities with ease. Most of these kiosks are user-friendly, interactive, and give patients a feeling of well-being, safety, and security in a stressful environment, such as that of a hospital or a clinic.
US Healthcare Kiosk Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.1 billion
Largest Segment
Clinics
Fastest Growth
Clinics
Growth Rate
14.8% CAGR
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For better understanding, we have segmented the global healthcare kiosk market by product type and end-user. Based on product type Healthcare Kiosk Market is categorized into electronic medical record management, telemedicine kiosks, informative kiosks, check-in kiosks, wayfinding kiosks, and others. Patients can walk into a telemedicine kiosk to communicate with a health care provider and receive almost instantaneous feedback on everything from coughs and colds to pink-eye and post-surgery follow-ups, rather than making an appointment at a doctor’s office or driving to the closest urgent care clinic. Based on end-user, it is categorized into clinics, hospitals, laboratories, pharma stores, and others. The Clinics and Pharma stores are expected to expand at the maximum CAGR over the upcoming period. Based on region, the market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
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North America is projected to continue dominating the global healthcare kiosk market throughout the projected period. As per our market analysis, the US is holding a lion’s share and generation of the regional market revenue. In 2018, over half of all the multi-specialty hospitals in the US had installed at least one kiosk for patients to access their medical records. This is a huge growth from just a few years ago when only about 20% of hospitals had kiosks. The main reasons for this increase are that healthcare is becoming more accessible and affordable, as well as the fact that people are comfortable using technology to access their healthcare. In line with this, the region has been witnessing a considerable growth in the number of manufacturers and introducing innovative features in the kiosk to attract their potential consumers and improve their regional outlook in North America.
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Healthcare Kiosk Market Driver
The rising prevalence of chronic disease around the globe has caused major healthcare disruption.The decreasing number of physicians along with rising prevalence is the vital driver for the market of healthcare kiosks.It can be used for the virtual check-ups and consultations. This will reduce the work burden of physicians and help in significant cost savings.
Healthcare Kiosk Market Restraint
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Manufacturing of healthcare kiosk is becoming highly competitive in the global healthcare kiosk market. Manufacturers are trying to come up with unique and innovative designs that will attract buyers. Some of the most popular healthcare kiosks on the market include those from Genetech and Panasonic. These kiosks are used in hospitals, clinics, and other healthcare facilities. They are extremely user-friendly, making it easy for patients to access their medical records and medications.
As per our market analysis, leading players have already consolidated the global healthcare kiosk market and have created a strong global foothold through mergers, partnerships, and acquisitions. Some of them are also promoting inclusion and diversity as talent acquisition tactics.
Emerging market participants like as Xiphias Group and Zivelo are consistently innovating, with a strong emphasis on research and development efforts aimed at the development of newer kiosk technology, competitive pricing, and strategic collaborations.
Healthcare Kiosk Market Top Players Company Profiles
Healthcare Kiosk Market Recent Developments
March 2022
January 2022
December 2021
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our market analysis, there is a growing trend of people using healthcare kiosks instead of going to the hospital. In fact, it is estimated that by the end of 2020, there were over 600,000 healthcare kiosks in the use worldwide. This is because healthcare kiosks are much more efficient than hospitals. They are also cheaper since patients don't have to pay for services that they don't need. Furthermore, healthcare kiosks offer a high level of personalized care. Patients can book appointments and see their doctors through the kiosk. This way, they don't have to wait in long lines or deal with overcrowding. All these factors are further supporting the growth of healthcare kiosk market.
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Report Metric | Details |
---|---|
Market size value in 2019 | USD 1.1 billion |
Market size value in 2031 | USD 4.37 billion |
Growth Rate | 14.8% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Healthcare Kiosk Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Healthcare Kiosk Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Healthcare Kiosk Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Healthcare Kiosk Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQSG35B2004