Healthcare satellite connectivity market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The cohesive government initiatives toward adopting healthcare satellite connectivity to drive the market growth. For instance, in March 2021, the Satellite telecommunications company and Luxembourg Government launched the second phase of the SATMED telemedicine project. SATMED is enabled by satellite and is designed to connect doctors and nurses from remote locations to the outside medical world, providing access to the platform’s cloud applications for e-training, virtual consultations, management and storage of medical data records, and video conferencing.
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Apart from this growing prevalence of chronic disorders, rising healthcare expenditure and rising internet penetration are other promoters of the market growth. For instance, according to WHO, around 17.9 million fatalities occur each year due to these heart diseases, which is estimated to be around 31.0% of the global fatalities. Amongst these fatalities, around 7.4 million had CHD and approx. 6.7 million fatalities occurred due to a stroke. By 2030, it has been projected that CVDs will be responsible for approx. around 23.6 million mortalities across the globe.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Healthcare Satellite Connectivity Market Report Segment
By Component
- Medical Device
- Software
- Services
By Application
- Telemedicine
- Clinical Operations
- Connected Imaging
By Connectivity
- Mobile Satellite Services
- Fixed Satellite Services
By End-User
- Clinical Research Organization (CRO)
- Hospitals and Clinics
- Research and Diagnostic Laboratories
Global Healthcare Satellite Connectivity Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global healthcare satellite connectivity market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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