The Global Patient Infotainment Terminals Market Size accounted for USD 612.5 Million in 2021 and is projected to occupy a market size of USD 1,635.8 Million by 2030 growing at a CAGR of 11.7% from 2022 to 2030.
The United Nations projects that the global population will raise to around 9.6 billion by 2050 and over 86% of this population will reside in cities. Looking at the current day situation, value-based purchasing and increasing investment in hospitals in the United Nation have led to the high demand for the patient infotainment system in the country by making its largest market in the world. In addition, rising medical tourism in countries such as United Arab Emirates, Singapore, and Malaysia is decreasing the gap between demand-supply gaps to meet better medical treatment. Patient infotainment terminals are bedside terminals that allow the patient to do anything from making phone calls, to watching movies or communicating through the internet. Patient infotainment terminals is an advanced technique of alerting staff and operating lights, curtains, beds, and various other installation.
Patient Infotainment Terminals Market Report Statistics
Global Patient Infotainment Terminals Market Dynamics
Patient Infotainment Terminals Market Report Coverage
|Patient Infotainment Terminals Market
|Patient Infotainment Terminals Market Size 2021
|USD 612.5 Million
|Patient Infotainment Terminals Market Forecast 2030
|USD 1,635.8 Million
|Patient Infotainment Terminals Market CAGR During 2022 - 2030
|Patient Infotainment Terminals Market Analysis Period
|2018 - 2030
|Patient Infotainment Terminals Market Base Year
|Patient Infotainment Terminals Market Forecast Data
|2022 - 2030
|By Size, By End-User, And By Geography
|North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
|Key Companies Profiled
|Advantech Co, Ltd., PDI Communications, Inc., ARBOR Technology Corp., Barco, Cybernet Manufacturing, Inc., BEWATEC Kommunikationstechnik GmbH, iEi Integration Corp., Onyx Healthcare, Inc., and ITI Technology.
|Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Patient Infotainment Terminals Market Growth Factors
The patient infotainment terminals market growth is driven by the growing digitization growing adoption of IoT in the hospitals. Rising elderly population and increasing occurrences of geriatric population are other factors that are fueling the patient infotainment terminals market share. Some of the major factors driving the growth of this market include a single integrated solution that can provide digital entertainment and clinical services as well as communication to the point of care and store patient records, lab results, monitor vital signs, document observations and changes among others. In addition to that, the upsurge in point of care and rapid implementation of telehealth and telemedicine are some of the factors that are expected to generate numerous growth opportunities for the market in the coming years. However, high price of these systems and limitations of appropriate infrastructure could hamper the market from growing.
Patient Infotainment Terminals Market Segmentation
The global patient infotainment terminals market is segmented based on size, end-user, and geography.
Patient Infotainment Terminals Market By Size
Patient infotainment system by size includes small-sized, medium-sized, and large-sized screens. Our patient infotainment terminal industry analysis says that medium-sized systems are popular among doctors and patients. This sub-segment is projected to propel during the forecast period due to its increased use of patient infotainment terminals by healthcare facilities. These devices are widely used in intensive care units, emergency rooms, general beds, and other settings. Furthermore, due to its optimal size, the medium screen size has a higher rate of acceptance, accounting for its largest revenue share. On the other hand, the small-sized terminal is expected to record significant growth as it is handheld which is easy to handle and requires a small amount of space for the patient.
Patient Infotainment Terminals Market By End-User
According to our patient infotainment terminals market forecast, the hospitals sub-segment is anticipated to record a significant market share from 2022 to 2030. The presence of appropriate infrastructure in hospitals and patients preference to get treated in hospitals is all the major factors that are driving the segmental growth. Furthermore, growing number of hospitals across the world and increasing investments in developing technologically advanced hospitals are also fueling the patient infotainment systems market in hospitals.
Patient Infotainment Terminals Market Regional Outlook
The Middle East & Africa
Patient Infotainment Terminals Market Regional Analysis
North America is projected to be the leading generating region in the patient infotainment terminal, primarily owing to the rise in demand for patient infotainment terminals with the latest technologies to enhance user experience. In addition, the presence of technologically advanced hospitals in the United States will also help North America to lead the patient infotainment systems market. For instance, according to the American Hospital Association (AHA), the total number of hospitals currently present in the US stands at 6,093. Asia-Pacific is estimated to be a rapidly increasing patient infotainment terminal market owing to the modern technological infrastructure in the healthcare sector and the significant presence of infotainment terminal equipment in the region.
Patient Infotainment Terminals Market Players
Some of the leading companies operating in the global patient infotainment terminals market include Advantech Co, Ltd., PDI Communications, Inc., ARBOR Technology Corp., Barco, Cybernet Manufacturing, Inc., BEWATEC Kommunikationstechnik GmbH, iEi Integration Corp., Onyx Healthcare, Inc., and ITI Technology.
The market size of patient infotainment terminals market in 2021 was accounted to be USD 612.5 Million.
The projected CAGR of patient infotainment terminals market during the analysis period of 2022 to 2030 is 11.7%.
The prominent players of the global patient infotainment terminals market include Advantech Co, Ltd., PDI Communications, Inc., ARBOR Technology Corp., Barco, Cybernet Manufacturing, Inc., BEWATEC Kommunikationstechnik GmbH, iEi Integration Corp., Onyx Healthcare, Inc., and ITI Technology.
North America held the dominating patient infotainment terminals during the analysis period of 2022 to 2030.
Asia-Pacific region exhibited fastest growing CAGR for patient infotainment terminals during the analysis period of 2022 to 2030.
Rising emphasis on point-of-care, growing technological advancement, increasing elderly population, and rise in government initiatives for improved healthcare drives the growth of global patient infotainment terminals market.
Based on size, medium size (12.5” to 19.5”) segment is expected to hold the maximum share of the patient infotainment terminals market.