Healthcare Satellite Connectivity Market
Healthcare Satellite Connectivity Market Size, Share & Trends Analysis Report, by Component (Medical Device, Software, and Research Diagnostic Analytic), by Application (Telemedicine, Clinical Operations, and Connected Imaging), by Connectivity (Mobile Satellite Research Diagnostic Analytic and Fixed Satellite Research Diagnostic Analytic), and by End-User (Clinical Research Organization (CRO), Hospitals & Clinics, and Research and Diagnostic Laboratories), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
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.
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.
Fatalities due to CVD, 2012 & 2030 (Millions)
Source: WHO, American Heart Association
In May 2023, GTT (Guyana Telephone and Telegraph) is partnering with domestic satellite firm Wansat to deliver satellite connectivity to Guyana’s rural regions. Such developments are further contributing to the global market growth.
Segmental Outlook
The global healthcare satellite connectivity market is segmented based on component, application, connectivity, and end-user. Based on component, the market is segmented into medical devices, software and services. Based on application, the market is segmented into telemedicine, clinical operations, and connected imaging. Based on connectivity, the market is segmented into fixed satellite services and mobile satellite connectivity. Based on end-user, the market is segmented into clinical research organization, hospitals and clinics, and research and diagnostic laboratories.
Telemedicine Held Considerable Share in Global Healthcare satellite connectivity Market
The increasing patient demands for telemedicine, technological innovation, and the growing burden of chronic diseases contributing to the growth of this market segment. The rising healthcare costs are the primary factor driving the market growth. Healthcare expenses are rising across the globe as people use more healthcare services, resulting in greater consumer demand for innovative and novel procedures, as well as lifestyle factors. Additionally, it can be attributed to cost-shifting from government programs to private payers, with low reimbursement rates that have increased the cost-shifting burden on hospitals and doctors, who, in turn, charge much higher rates for the same facilities to private payers. Moreover, the active participation of prominent players in the launch of various telemedicine platforms is also contributing to market growth. For instance, in August 2022, 5C Network launched its AI-powered platform Prodigi to interpret radiology images directly from the cloud. This state-of-the-art platform enables telemedicine at a massive scale and makes it possible for diagnostic centers and hospitals to submit scans and access reports.
Regional Outlook
The global healthcare satellite connectivity market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America).
Global Healthcare Satellite Connectivity Market Growth, by Region 2023-2030
North America Held Considerable Share in Global Healthcare Satellite Connectivity Market
The high number of internet users, the increasing prevalence of chronic diseases, the well-developed healthcare infrastructure, and various strategies adopted by prominent regional players are anticipated to drive the regional market. Furthermore, rising agreements between prominent regional players drive market growth. For instance, in March 2023, Monogoto, the US-based company, signed an agreement with Non-Terrestrial Network (NTN) service operator Skylo Technologies. This new agreement lowers developers' barriers to adding satellite connectivity to existing public and/or private networks already available on Monogoto Cloud. Monogoto's technology connects sensors and devices in the US in the healthcare sector.
Market Players Outlook
The major companies serving the global healthcare satellite connectivity market include Inmarsat Global Ltd., Hughes Network Systems, Eutelsat S.A., DISH Network LLC, and Ligado Networks among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2023, OneWeb Technologies, a provider of innovative and secure commercial satellite communications (SATCOM) solutions, and SES Space & Defense, a wholly-owned subsidiary of global content connectivity leader SES, announced the availability of secure, high-speed, low-latency, low Earth orbit (LEO) broadband services for school districts and healthcare facilities throughout Alaska.
Further, in January 2023, SpaceX’s satellite unit Starlink has signed new deals with Australia’s Royal Flying Doctor Service (RFDS) and maritime communications provider Tototheo Maritime. The RFDS will use Starlink’s Low Earth Orbit (LEO) satellite communications services to provide connectivity to healthcare providers in rural Queensland, while Tototheo will resell services to ship operators within the merchant shipping, offshore, yachting, and fishing industries.
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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. DISH Network LLC
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Eutelset S.A.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Hughes Network Systems
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Inmarsat Global Ltd.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Ligado Networks
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Healthcare Satellite Connectivity Market by Component
4.1.1. Medical Device
4.1.2. Software
4.1.3. Research Diagnostic Analytic
4.2. Global Healthcare Satellite Connectivity Market by Application
4.2.1. Telemedicine
4.2.2. Clinical Operations
4.2.3. Connected Imaging
4.3. Global Healthcare Satellite Connectivity Market by Connectivity
4.3.1. Mobile Satellite Research Diagnostic Analytic
4.3.2. Fixed Satellite Research Diagnostic Analytic
4.4. Global Healthcare Satellite Connectivity Market by End-User
4.4.1. Clinical Research Organization (CRO)
4.4.2. Hospitals & Clinics
4.4.3. Research Diagnostic Analytics
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AT&T Intellectual Property
6.2. Axess
6.3. Dish Network Corp.
6.4. Expedition Communications Pvt. Ltd.
6.5. Globalstar, Inc.
6.6. OneWeb
6.7. Orbcomm Corp.
6.8. SES SA
6.9. Thuraya Telecommunications Company
6.10. X2nSat
1. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
2. GLOBAL MEDICAL DEVICE IN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY RESEARCH DIAGNOSTIC ANALYTIC COMPONENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
7. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR TELEMEDICINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR CLINICAL OPERATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR CONNECTED IMAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY CONNECTIVITY, 2022-2030 ($ MILLION)
11. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR MOBILE SATELLITE SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR FIXED SATELLITE SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
14. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR CLINICAL RESEARCH ORGANIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR HOSPITALS & CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR RESEARCH DIAGNOSTIC ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. NORTH AMERICAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. NORTH AMERICAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
20. NORTH AMERICAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
21. NORTH AMERICAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY CONNECTIVITY, 2022-2030 ($ MILLION)
22. EUROPEAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. EUROPEAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
24. EUROPEAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
25. EUROPEAN HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY CONNECTIVITY, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY CONNECTIVITY, 2022-2030 ($ MILLION)
30. REST OF THE WORLD HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
31. REST OF THE WORLD HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
32. REST OF THE WORLD HEALTHCARE SATELLITE CONNECTIVITY MARKET RESEARCH AND ANALYSIS BY CONNECTIVITY, 2022-2030 ($ MILLION)
1. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET SHARE BY COMPONENT, 2022 VS 2030 (%)
2. GLOBAL MEDICAL DEVICE IN HEALTHCARE SATELLITE CONNECTIVITY MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY SERVICES MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
6. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR TELEMEDICINE MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR CLINICAL OPERATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR CLINICAL IMAGING MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET SHARE BY CONNECTIVITY, 2022 VS 2030 (%)
10. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR MOBILE SATELLITE SERVICES MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR FIXED SATELLITE SERVICES MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET SHARE BY END-USER, 2022 VS 2030 (%)
13. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY RESEARCH DIAGNOSTIC ANALYTIC COMPONENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR HEALTHCARE & LIFESCIENCES MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR CLINICAL RESEARCH ORGANIZATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR HOSPITALS & CLINICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY FOR RESEARCH DIAGNOSTIC ANALYTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL HEALTHCARE SATELLITE CONNECTIVITY MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. US HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
20. CANADA HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
21. UK HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
22. FRANCE HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
23. GERMANY HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
24. ITALY HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
25. SPAIN HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
26. REST OF EUROPE HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
27. INDIA HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
28. CHINA HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
29. JAPAN HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
30. SOUTH KOREA HEALTHCARE SATELLITE CONNECTIVITY MARKET SIZE, 2022-2030 ($ MILLION)
