Patient Infotainment Terminal Market Analysis

Patient Infotainment Terminal Market Analysis

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.