Remote Specialist Consultations and Telepsychiatry or Mental Health Support from Telemedicine Kiosks have Propelled the Growth of the Telemedicine Kiosk Market in the North America Region!
- Vikas Kumar
- November 24, 2023
- HEALTHCARE, NEWS
- Telemedicine Kiosk Market Analysis, Telemedicine Kiosk Market Forecast, Telemedicine Kiosk Market Growth, Telemedicine Kiosk Market Outlook, Telemedicine Kiosk Market Share, Telemedicine Kiosk Market Size, Telemedicine Kiosk Market Trends
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APAC is anticipated to grow at the fastest CAGR during the forecast period. Because of rapid technological advancement, particularly in developing countries like China, India, and South Korea, is driving the adoption of telemedicine solutions. Increasing smartphone penetration and robust internet infrastructure have created an environment conducive to remote healthcare access. Additionally, the vast and diverse geographical landscape of APAC presents challenges in delivering traditional healthcare services, making telemedicine kiosks an attractive solution for bridging the accessibility gap. The region’s aging population, especially in countries like Japan, is further propelling the need for innovative healthcare delivery methods. Moreover, supportive government initiatives in countries like India and Singapore are promoting telehealth adoption, boosting the market’s growth prospects. The telemedicine kiosk market in APAC is anticipated to witness substantial expansion, driven by a tech-savvy population, increasing healthcare needs, and favorable regulatory environments.
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Further, the APAC telemedicine kiosk market is expected to grow at a strong CAGR of 18.6% during the forecast period (2022-2030). APAC is anticipated to emerge as the fastest-growing telemedicine kiosk market primarily owing to the telemedicine kiosks play a crucial role in managing chronic diseases by offering regular remote consultations, medication reminders, and vital sign monitoring.
FIG. 1 APAC Telemedicine Kiosk Market Revenue (2020-2030) – USD Mn
· Based on application, the telemedicine kiosk market has been classified into vital sign monitoring and teleconsultation. The teleconsultation category is expected to grow at the fastest CAGR during the forecast period. This is mainly due to teleconsultation referring to interactions between a clinician and a patient to provide diagnostic or therapeutic advice through electronic means. Several start-ups are working towards boosting the market for telemedicine kiosks. For instance, H4D, a health technology start-up based in Paris, France, completed a €15 million (USD 16.4 million) round of funding in June 2020. H4D developed a telemedicine platform centered on the Consult Station, a connected telemedicine booth. It includes all the instruments and sensors for physicians to consult with patients via videoconference. The Consult Station has been deployed to ensure continuity of care and treatment for patients who are chronically ill and cannot be safely treated in traditional healthcare facilities.
· Based on end-user, the market is segmented into hospitals, community centers, and pharmacies. The pharmacies category is to witness a higher CAGR during the forecast period. Pharmacies have played a crucial role in promoting the use of telemedicine kiosks. By promoting the availability of these machines in their stores, pharmacies have encouraged patients to try out the technology and access healthcare services in a more convenient and accessible way. In addition to this, pharmacies have also been able to increase their revenue streams by offering telemedicine services. By partnering with telemedicine providers, pharmacies have been able to provide patients with a wider range of services, while also generating additional income.
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Global Telemedicine Kiosk Market Segmentation
Market Insight, by Application
· Vital Sign Monitoring
· Teleconsultation
Market Insights, by End-User
· Hospitals
· Community Centers
· Pharmacies
Market Insight, by Region
· North America
o U.S.
o Canada
o Rest of North America
· Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
· APAC
o China
o India
o Japan
o Rest of APAC
· Rest of the World
Top Company Profiles
· Olea Kiosks Inc.
· Fabcon, Inc.
· Meridian Kiosks
· XIPHIAS Software Technologies
· RedyRef Interactive Kiosks
· imageHOLDERS
· KIOSK Information Systems
· Frank Mayer and Associates, Inc.
· Kiosks4business Ltd.
· DynaTouch Corporation
