PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477147
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477147
Telehealth kiosk Market size was valued at USD 318.93 Million in 2023, expanding at a CAGR of 19.90% from 2024 to 2032.
A Telehealth kiosk is a physical structure or stand that is outfitted with a range of telecommunication technologies aimed at enabling remote medical consultations and healthcare services. These kiosks are usually equipped with audiovisual communication devices, including cameras, microphones, and screens, which enable patients to communicate with healthcare providers situated at a distance. Additionally, telemedicine kiosks play a role in safeguarding healthcare professionals from avoidable exposure to prevalent illnesses such as the flu, colds, and even COVID-19, by conducting preliminary screenings of patients who are physically present through the integration of tools like infrared thermometers.
Telehealth kiosk Market- Market Dynamics
The increasing demand for Telehealth Kiosk owning to the Hospitals, Community Clinics, Pharmacies, Others Applications across the global level.
Telehealth kiosks offer patients a convenient way to access healthcare services without the need for in-person appointments or visits to healthcare facilities. This convenience is particularly advantageous for individuals in remote or underserved areas with limited access to traditional healthcare services. The healthcare industry is a significant and intricate part of the U.S. economy, representing 18% of the gross domestic product (GDP) in 2020. The U.S. healthcare sector benefits from a robust system of medical research and development, in collaboration with higher education institutions and the technology sector, as stated by the U.S. Department of Health & Human Services. Additionally, the market growth may be driven by Improved Patient Engagement and Satisfaction and Integration with Emerging Technologies. Nevertheless, challenges related to regulations and reimbursement could impede the market's growth.
Telehealth kiosk Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 19.90% over the forecast period (2024-2032)
Based on Application segmentation, Teleconsultation sector was the leading type in 2023
Based on End-User segmentation, Clinics and pharmacies was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Telehealth kiosk Market is segmented on the basis of Product Type, Modality, Application, End-User, and Region.
The market is segmented into three distinct categories according to the type of product: System, Software, and Accessories. With the increasing global demand for telehealth services, manufacturers and service providers are expected to allocate resources towards innovation and customization. This will enable them to cater to the varied needs of healthcare providers, patients, and other stakeholders.
The market is categorized into two groups according to Modality: Portable and Fixed. Both portable and fixed telehealth kiosks have crucial roles in enhancing healthcare accessibility, enhancing patient outcomes, and mitigating healthcare disparities.
The market is categorized into three segments according to its application: Teleconsultation, Vital sign monitoring, Digital pharmacies, and Others. The dominance of the teleconsultation sector is evident within the telehealth kiosk market, as healthcare organizations increasingly adopt telehealth technologies to provide accessible, efficient, and patient-centered care.
The market is segmented into two groups according to the end-users: hospitals, clinics, and pharmacies, and others. Clinics and pharmacies hold a significant share in the market. With the increasing adoption of telehealth, clinics and pharmacies are incorporating telehealth kiosks into their healthcare infrastructure, leading to enhanced patient outcomes and satisfaction.
Telehealth kiosk Market- Geographical Insights
Geographically, this market spans across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further segmented into countries that drive business activities. North America leads the market, owing to its well-established healthcare infrastructure and the increasing demand for convenient and accessible healthcare services. The region boasts a strong healthcare system that includes hospitals, clinics, pharmacies, and other healthcare facilities. The demand for accessible healthcare services in North America is on the rise due to factors like busy lifestyles, aging populations, and the necessity to lower healthcare costs. The United States has the largest healthcare industry, with 784,626 businesses, and patient care contributes USD1.068 trillion, representing 64% of total healthcare revenue in the country. Inpatient care, which covers accomplished nursing rehabilitation as well as non-surgical dental procedures, accounts for 4.49% and 2.98% of overall expenditure, respectively, according to the latest healthcare industry and clinical infrastructure management statistics. Europe comes in as the second-largest region for market growth, driven by increasing government and private initiatives to support public health.
The competitive landscape of the telehealth kiosk market is characterized by the level and range of services offered. Companies can set themselves apart by providing comprehensive telehealth solutions that include teleconsultation services, remote monitoring, medication management, chronic care management, behavioral health services, and wellness programs. Competitors strive to gain market share by expanding their presence in key regions or sectors, such as hospitals, clinics, pharmacies, retail chains, workplace wellness programs, or government healthcare initiatives. To achieve this, strategic partnerships, acquisitions, and alliances are frequently employed to broaden market reach and target new customer segments.
American Well, a prominent and nationwide provider of telehealth services and the innovator behind Amwell for virtual doctor consultations, has recently introduced the groundbreaking Telehealth Software Development Kit (SDK) for mobile devices.
On July 15, 2021, the hospital-at-home trend is significantly transforming the healthcare sector. The COVID-19 pandemic has expedited the progress of telehealth technology, propelling the industry forward by over five years within a mere five-month period.
GLOBAL TELEHEALTH KIOSK MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
American Well
Olea Kiosks Inc.
CSI Health
AMD Global Telemedicine
SONKA Medical
Clinics On Cloud
KIOSK Information Systems
Elo Touch
Versicles Technologies
REDYREF
Others