February 15, 2024
Boston: “According to the latest BCC Research study, the demand for Medical Kiosks: Global Market and Forecasts is estimated to increase from $1.4 billion in 2022 to reach $3.2 billion by 2028, at a compound annual growth rate (CAGR) of 14.8% from 2022 through 2028.”
The comprehensive report on the medical kiosks market delivers a thorough analysis of its current landscape and future potential. Encompassing a detailed examination of global market dynamics, including the competitive environment, regulatory landscape, drivers, restraints, opportunities, and emerging trends, the report extends its focus to encompass the impact of wars and evolving technologies. With projections extending through 2028, the study encompasses key market players and scrutinizes medical kiosks across types (check-in, payment, way-finding, telemedicine, self-service, and others) and end-users (hospitals, clinics, laboratories, pharma stores, and others). A meticulous regional breakdown covers North America, Europe, Asia-Pacific, and the Rest of the World, providing insights into major countries. Utilizing 2022 as the base year, the report offers revenue estimates, forecasting values for 2023 through 2028 in constant U.S. dollars, reflecting the unadjusted impact of inflation on revenue from medical kiosk companies.
Medical kiosks are at the forefront of a transformative shift in the healthcare industry, aligning with the growing preference for telemedicine, wearable data integration, and proactive self-care. As technology-savvy younger demographics age, the natural extension of their health management includes utilizing medical kiosks for routine screenings, basic exams, and health metric tracking within the app-based healthcare ecosystem they favor. In the current landscape, North America leads the medical kiosks market, driven by early technology adoption, high healthcare costs, and a tech-savvy population. While North America and Western Europe dominate the market presently, the Asia Pacific region is poised for substantial growth, fueled by increasing healthcare infrastructure and digital health penetration, particularly in countries like India and China. Addressing persistent healthcare disparities, targeted deployment of medical kiosks in underserved communities, supported by government initiatives, could bridge access gaps, offering cost-effective diagnostic tests, self-service checks, and connections for follow-up care in rural or economically challenged urban areas.
Key Drivers of Medical Kiosks: Global Market and Forecasts
Growth of Self-Service Culture across Various Industries: Patients are increasingly seeking alternatives to in-person interactions and lengthy queues when accessing various services. Medical kiosks present a convenient and efficient solution to address this demand. The rising acceptance of digital services involves utilizing technology, such as telemedicine, electronic health records, and other digital tools. Integrating medical kiosks with these digital technologies enhances the overall experience, providing a more seamless and integrated approach to accessing services.
Advancements in Telehealth Technologies: The escalating prevalence of chronic diseases coupled with a shortage of healthcare professionals places a strain on the industry. Addressing these challenges, telemedicine kiosks emerge as transformative solutions, offering virtual check-ups and consultations. This not only alleviates the workload on physicians but also translates to cost savings and enhanced care quality. Telemedicine kiosks play a crucial role in delivering health education, diagnosis, treatment, and referral services to remote and underserved areas.
Government Backing and Regulatory Support: Governments worldwide are actively endorsing the use of health kiosks to enhance healthcare accessibility and affordability. Notably, the U.S. government's Health Resources and Services Administration (HRSA) Telehealth Network Grant Program provides funding for telehealth networks utilizing medical kiosks in rural and underserved areas.
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Report Synopsis
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Report Metrics |
Details |
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Base year considered |
2022 |
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Forecast Period considered |
2023-2028 |
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Base year market size |
$1.4 billion |
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Market Size Forecast |
$3.2 billion |
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Growth Rate |
CAGR of 14.8% from 2023 through 2028 |
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Segment Covered |
By Type, End User and Geographic Region |
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Regions covered |
North America, Europe, Asia-Pacific, and the Rest of the World (RoW) |
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Key Market Drivers |
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Global Medical Kiosk Market Segmentation:
By Type Segmentation in the Global Medical Kiosks Market
The segmentation of medical kiosks by type offers a comprehensive overview of their diverse functionalities. Check-In Kiosks streamline patient registration, verification, and payment processes, reducing wait times and enhancing satisfaction. Payment Kiosks facilitate bill payments, improving billing efficiency and alleviating staff workload. Way-Finding Kiosks enhance patient and visitor navigation within healthcare facilities, minimizing confusion and saving staff resources. Telemedicine Kiosks provide access to remote healthcare services, fostering increased healthcare availability and improving patient outcomes. Self-Service Kiosks empower patients with tasks like health assessments and wellness education, contributing to disease prevention and management. The "Others" category encompasses specialized kiosks like health monitoring, vaccination, and medical self-test kiosks, catering to specific patient and healthcare provider needs.
By End User in the Global Medical Kiosks Market
Medical kiosk adoption across various healthcare settings is delineated by end user segmentation. In clinics, kiosks streamline processes such as registration, payments, and information dissemination, while also offering telemedicine and self-service options. Hospitals leverage kiosks to enhance patient flow, communication, and satisfaction, alongside providing telemedicine and self-service features. Laboratories benefit from kiosk automation for sample collection, labeling, tracking, and result reporting. Pharma Stores utilize kiosks to expedite prescription filling, verification, delivery, and provide medication counseling. The "Others" category extends to diverse end users such as long-term care facilities, retail health clinics, educational institutions, non-profit organizations, and government health agencies, employing medical kiosks to deliver targeted health services and information.
By Regionin the Global Medical Kiosks Market
Geographic distribution and market potential of medical kiosks are explored through regional segmentation. In North America, including the U.S., Canada, and Mexico, the high technology adoption, presence of major players, increasing demand for telemedicine, and rising healthcare expenditure contribute to market dominance. Europe, encompassing Germany, U.K., France, Italy, and the rest, anticipates substantial growth driven by an aging population, the prevalence of chronic diseases, favorable government policies, and rising digital health awareness. Asia-Pacific, covering China, Japan, India, and the rest, projects the fastest market growth owing to a large population base, improving healthcare infrastructure, expanding medical tourism, and growing disposable income. The Rest of the World, including South America, the Middle East, and Africa, is expected to exhibit moderate growth, influenced by varying technology penetration, skilled professional availability, and healthcare access limitations in different regions.
This report on Medical Kiosks: Global Market and Forecasts provides comprehensive insights and analysis, addressing the following key questions:
1. What is the projected market size and growth rate of the global medical kiosks market?
2. What are the key factors driving the growth of the global medical kiosks market?
3. By type, which segment will dominate the market by the end of 2028?
4. Which region has the highest market share in the global medical kiosks market?
Some of the Key Market Players Are:
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Medical Kiosks: Global Market and Forecasts( IFT302A )
Publish Date: Dec 2023
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