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Patient Infotainment Terminal Market size exceeded USD 197 million in 2020 and is anticipated to grow at a CAGR of over 6% between 2021 and 2027. The adoption of infotainment technologies in medical organizations is one of the significant factors that will spur the market growth. Also, its acceptance is largely driven by its wide applications in accessing hospital intranets, web browsing, communication, among others. Furthermore, technological advancements along with the increasing demand for remote patient monitoring are few factors that are complimenting the market expansion.
During the COVID-19 outbreak, the patient infotainment terminal market has witnessed a slump owing to the COVID crisis in 2020. An infotainment terminal technology is an add-on product which enhances patient experience during hospital stay. As such bedside terminals are not considered an essential device in offering care services, end-users primarily focused on upgrading the capacity of treatment centres by adding more beds for COVID patients. Additionally, the market is projected to register gradual growth post COVID, thereby slightly positively affecting the market during the forecast period. Moreover, rising need of telemedicine integration in the infotainment terminal during and after COVID-19 pandemic may further boost the industry growth in the coming years.
Report Attribute | Details |
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Base Year: | 2020 |
Patient Infotainment Terminal Market Size in 2020: | 197.3 Million (USD) |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 6.0% |
2027 Value Projection: | 297.6 Million (USD) |
Historical Data for: | 2016 to 2020 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 129 |
Segments covered: | Screen Size, End-use and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Patient infotainment terminal is being widely adopted by healthcare organizations and homecare settings for medical purposes. Patient infotainment terminal provides visualization of medical records and medication along with the educational program to enhance the complete learning experience. Patient infotainment terminals are very helpful in homecare settings to offer telemedicine services to patients in remote areas. Furthermore, increasing adoption of bedside terminals in homecare as well as old-age treatment centres is expected to augment the patient infotainment terminal market progression.
Patient infotainment terminal is a technology-oriented market. Consequently, the products are noted to be priced depending on level of the technological integration. However, the increasing costs coupled with the rapidly changing technological trends acts as a prominent factor hindering the industry progression. Such a high cost of the product may confine the patient infotainment terminal market demand. While designing medical and healthcare settings products, manufacturers have to follow unique sets of requirements such as thermal and acoustic properties, sealing, electromagnetic interference control, certification, longevity, and adherence to stringent rules and regulations. Certifications are very crucial while management Electronic Medical Records (EMR) in patient infotainment terminal.
The medium size segment in the patient infotainment terminal market is slated to register 6.4% growth rate through 2027 led by the increasing usage of patient infotainment terminal by healthcare facilities. These devices are widely used in emergency rooms, ICU, general beds, and others. In addition, medium screen size has a higher rate of acceptance due to optimal size which accounts for its largest revenue share. Inclusion of features such as capacitive touch screen, integrated HD camera, stereo speakers, among others, in a bedside terminal offers an upgraded experience to patients throughout their stay. Additionally, the inclusion of large screen sizes in product portfolios, particularly 22” and 24”, is noted to act as one of the pivotal factors fuelling the supply side growth in the market.
The hospital end-use segment captured 40% of the patient infotainment terminal market share in 2020. Hospitals are studied to be the early adopters amongst all the end-users. For instance, hospitals in France such as Hospital Center Alpes-Léman (CHAL), Sainte Marie and Institut De Readaptation D'acheres installed hundreds of beds with infotainment terminals integrated with software platform to increase patient experience. The development of hospital infrastructure will drive the industry demand.
North America patient infotainment terminal market size was over USD 68.3 million in 2020 impelled by the rising usage of digital technologies in the healthcare sector. Further, products such as patient infotainment terminals have proved to enhance the efficiency of healthcare staff by allowing them to focus on offering care services. For instance, the American Hospital Association stated that the total number of staffed beds in the U.S. is 919,559. Among these, numerous beds are noted to be equipped with high-quality medical tools and devices with several beds associated with patient infotainment terminal. The rising number of patient infotainment terminal equipped beds in the U.S. largely stimulates the industry size throughout North America. Moreover, the presence of major leaders in the region will further augment the industry value.
Prominent players operating in the patient infotainment terminal market include:
New product launches, partnerships, and collaboration are the most adopted business strategies to sustain market position.
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Market, By Screen size
Market, By End-use
The above information is provided for the following regions and countries: