January 31, 2022
According to the report titled ‘Patient Infotainment Terminal Market Size By Screen Size (Small (Less than 12"), Medium (12" to 20"), Large (Above 20")), By End-use (Hospitals, Clinics, Homecare Settings), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027,’ available with MarketStudyReport, global patient infotainment terminal market is expected to witness substantial growth during the period 2021-2027.
The increasing focus on enhancing patient care systems, coupled with massive technological advancements in the healthcare sector are factors propelling the development of global patient infotainment terminal market.
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For the unaware, patient infotainment terminals are installed in infusion centers, dialysis clinics, and surgery centers, to keep the patients entertained through their prolonged hours of medical treatment. These terminals are available in various forms such as healthcare-grade tablets, wall-mounted, and personal arm-mounted TVs, which enable patients to stream movies & music, and even communicate remotely with family and doctors.
The integration of IoT in the industry, and surging research in the medical technology field are creating lucrative opportunities for businesses in this line of work.
Besides this, key players are employing well-planned strategies to capitalize on the trends which is further accelerating the industry development.
Despite the positive outlook, the huge costs involved in the implementation of such terminals, and the infrastructural constraints are likely to hamper the progress of worldwide patient infotainment terminal industry in the forthcoming years.
Based on screen size, the small (less than 12'') segment accounted for a 17.7% market share in 2020 and is anticipated to grow remarkably over the analysis period.
In terms of end-use, the clinic segment is estimated to reach a valuation of USD 98.3 million during the projected timeline.
From a regional standpoint, Latin America market held a 3.5% revenue share in the year 2020 and is poised to garner optimistic growth through 2027. Whereas, Middle East & Africa market is predicted to grow at 5.5% CAGR over the course of the assessment timeframe.
The competitive landscape of global patient infotainment terminal market is defined by companies such as Teguar Corporation, Advantech Co. Ltd., PDI Communications, Inc., Arbor Technology Corporation, Onyx Healthcare, Inc., Barco NV, ITI Technology, Inc., Bewatec ConnectedCare GmbH, IEI Integration Corporation, and Cybernet Manufacturing, Inc. among others.