Europe 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 European countries are currently facing the second wave of the pandemic. Therefore, to control the spread of coronavirus, governments of various countries have implemented lockdown. Reliable and timely COVID-19 observation of vital signs is an integral part of the monitoring, prevention, touch recording, and control of infections, and clinical management of COVID-19. For instance, an ERDF-funded project is helping to tackle the COVID-19 crisis in Italy. New sensing devices created by the MEDIWARN project allow healthcare staff to monitor patients suffering from the disease at a distance. It is difficult and dangerous for medical and nursing staff to monitor COVID-19 patients in person. Patients infected and symptomatic need to be isolated in rooms with negative pressure. The new and advanced devices allow staff to monitor such patients more easily from another room. Thus, COVID-19 pandemic resulted in increasing demand of healthcare monitoring and awareness boosting the healthcare satellite connectivity market in the forecasted period.

Market Overview and Dynamics

The Healthcare satellite connectivity market in Europe is expected to grow from US$ 2,111.2 million in 2021 to US$ 3,067.9 million by 2028; it is estimated to grow at a CAGR of 5.5% 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 Europe healthcare satellite connectivity market in 2020. In terms of application, the eHealth segment accounted for the largest share of the Europe healthcare satellite connectivity market in 2020. In terms of connectivity, the fixed satellite services segment accounted for the largest share of the Europe 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 Europe 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 Europe 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 Europe healthcare satellite connectivity market
• Efficiently plan M&A and partnership deals in Europe 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 Europe healthcare satellite connectivity market
• Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

EUROPE 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

• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

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.

Europe Healthcare Satellite Connectivity Market Strategic Insights

Europe Healthcare Satellite Connectivity Market Segmentation Analysis

Europe Healthcare Satellite Connectivity Market Report Highlights

Europe Healthcare Satellite Connectivity Report Scope

Europe Healthcare Satellite Connectivity Market Country and Regional Insights