Asia Pacific Healthcare Satellite Connectivity Market

Market Introduction

Healthcare Satellite Connectivity simply means "healing at a distance," and refers to the use of information and communication technology to enhance patient outcomes by increasing access to treatment and medical data. Additionally, healthit.gov defines telehealth as “the utilization of electronic information and telecommunications technologies to support and promote long-distance clinical healthcare, patient and professional health education, public health and health administration.

Thus, the rising adoption of eHealth is expected to create a significant demand for healthcare satellite connectivity in the coming years, which is further anticipated to drive the healthcare satellite connectivity market.

The COVID-19 pandemic has critically impacted the region, but it has also provided an opportunity for stakeholders to realign their future path based on strategic intent and focus. Moreover, various companies such as have been manufacturing patient monitoring devices with biosensors for easy and quick results. Governments in Asia and the Pacific were uncertain about the relative costs and benefits of funding telemedicine on a large scale. When the epidemic hit, the advantages of digital health systems were immediately evident. Governments immediately made digital health platforms available to the general public as a result of reducing the virus's spread. Australia extended Medicare coverage for telemedicine, South Korea eased restrictions on telemedicine to treat Covid-19 patients remotely, and Japan launched a free government-backed remote health service utilizing digital health tools. For rapid Covid-19 tests in distant locations, Indonesia's Ministry of Health partnered with ride-hailing giant Gojek and telemedicine provider Halodoc.

Asia Pacific Healthcare Satellite Connectivity Strategic Insights

Strategic insights for the Asia Pacific Healthcare Satellite Connectivity provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Healthcare Satellite Connectivity Report Scope

Asia Pacific Healthcare Satellite Connectivity Regional Insights

The geographic scope of the Asia Pacific Healthcare Satellite Connectivity refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Healthcare satellite connectivity market in Asia Pacific is expected to grow from US$ 1,584.4 million in 2021 to US$ 2,421.2 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028. Connectivity helps fight against COVID-19 outbreak because it is an essential tool to deliver telemedicine services and e-Health applications. Satellite plays an essential role in supporting medical professionals in their daily duties, enabling telehealth via teleconferencing, managing information, and empowering the exchange of patient and clinical data. Therefore, the COVID-19 pandemic is augmenting the adoption of satellite connectivity in healthcare facilities.

Key Market Segments

In terms of component, the system and software segment accounted for the largest share of the Asia Pacific healthcare satellite connectivity market in 2020. In terms of application, the eHealth segment accounted for the largest share of the Asia Pacific healthcare satellite connectivity market in 2020. In terms of connectivity, the fixed satellite services segment accounted for the largest share of the Asia Pacific healthcare satellite connectivity market in 2020. In terms of end user, the hospitals and clinics segment held a larger market share of the healthcare satellite connectivity market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the healthcare satellite connectivity market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Inmarsat Global Limited, Hughes Network Systems, SES S.A., Globalstar, EUTELSAT COMMUNICATIONS SA, AT&T Intellectual Property, and DISH Network L.L.C.

Reasons to buy report

• To understand the Asia Pacific healthcare satellite connectivity market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific healthcare satellite connectivity market
• Efficiently plan M&A and partnership deals in Asia Pacific healthcare satellite connectivity market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific healthcare satellite connectivity market
• Obtain market revenue forecast for market by various segments from 2021-2028 in Asia Pacific region.

ASIA PACIFIC HEALTHCARE SATELLITE CONNECTIVITY MARKET SEGMENTATION

By Component

• System & Software
  • Remote Device Management
  • Network Bandwidth Management
  • Data Analytics
  • Application Security
  • Network Security
• Medical Device
  • Wearable External Device
  • Implanted Medical Device
  • Stationary Medical Device
• Services
  • System Integration Services
  • Consulting
  • Training and Education
  • Support and Maintenance Services

By Application

• E health
  • Telemedicine
  • Clinical Operations
• Others

By Connectivity

• Mobile Satellite Services
• Fixed Satellite Services

By End User

• Clinical Research Organization
• Hospitals and Clinics
• Research and Diagnostic Laboratories
• Others

By Country

• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific

Companies Mentioned

1. Inmarsat Global Limited
2. Hughes Network Systems
3. SES S.A.
4. Globalstar
5. EUTELSAT COMMUNICATIONS SA
6. AT&T Intellectual Property
7. DISH Network L.L.C.