Medical Kiosk Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.54 Billion |
| Market Size (2029) | USD 3.29 Billion |
| CAGR (2024 - 2029) | 16.42 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Medical Kiosk Market Analysis
The Global Medical Kiosk Market size is estimated at USD 1.54 billion in 2024, and is expected to reach USD 3.29 billion by 2029, growing at a CAGR of 16.42% during the forecast period (2024-2029).
COVID-19 pandemic has had a substantial impact on the medical kiosk market. The COVID-19 Reception Kiosk was created by United Kingdom-based Elephant Kiosks in response to the COVID-19 pandemic and functioned as the first point of contact for visitors and personnel in care homes, offices, schools, and other public locations. A COVID-19 questionnaire, contactless temperature readings, and email notifications to managers or the front desk are all included. It can be used to facilitate contact tracing and complies with infection control recommendations. Thus, the market is expected to gain traction due to the significant increase in the use of medical kiosk globally.
The market is expanding as AI-enabled kiosks become more popular in the healthcare sector. Medical kiosks linked to cloud-based services and essential patient storage are becoming increasingly common in the healthcare sector. This usefulness is coordinated with the pharmacies that act promptly, in accordance with valid prescriptions, and in accordance with convenient installment plans for the required medications. Knowledge gained from such robust functionality has increased patient-doctor involvement, improved hospital management, and provided emerging market companies with a timely and cost-effective solution in the medical Kiosks scene.
The major element that will affect the market growth rate is the rise in digitization across healthcare organizations. The market for Medical Kiosks is also expanding because of the rising number of payment kiosks in the healthcare industry, the introduction of 5G in hospital kiosks, which will benefit from improved speed and faster payment efficacy, and other important considerations. Additionally, a hospital kiosk that uses increasing biometrics and facial recognition technology as a significant trend will support market growth.
Self- service kiosk plays a crucial role in the hospital by installing health ATM installed in the institution which help in cutting costs by no longer utilizing paper, forms filling, and mountains of paperwork shifting to get patient's information because of self-check-ins. Additionally, it enables nurses to spend more time on patient care and less time on office work. Thus, adaption of health kiosk will support market growth. For instance, according to HealthEC, LLC report 2021, the Alliance for Integrated Care of New York's (AICNY) inpatient spending declined by 6% throughout the year's first three quarters. The installation of tele-triage kiosks reduced ER visits by 11% and hospital admissions by 7% in group homes for adults with intellectual and developmental disabilities. 80% fewer patients who use telemedicine kiosks will need to go to the emergency room. Thus, the market is expected to gain traction due to the significant increase in the utilization of Medical Kiosk.
Therefore, the factors mentioned above are attributed collectively to the studied market growth over the forecast period. However, risk related to IT and security and strict rules and regulations is expected to hinder the market growth over the forecast period.
Medical Kiosk Market Trends
This section covers the major market trends shaping the Medical Kiosk Market according to our research experts:
Payment kiosk is Expected to Witness High Growth Over the Forecast Period
Payment kiosk provides complete financial solutions for hospital bill payment automation, money transfer & electronic payment self-service kiosks. Payment Kiosks is found to hold the largest share which can be attributed to the penetration of touch screen technology across various industries and rising government and private investment and Corporate Social Responsibility (CSR) activities contribute to adopting health ATMs.
The ability of hospital kiosks to accept payments using biometrics and facial recognition along with the introduction of 5G, those in charge of hospital payment kiosks will profit from the effectiveness of speedier payments and better speed. Healthcare businesses are becoming more eager to adopt digitalization, which will lead to improved payment and record-keeping efficiency and increase demand for payment kiosks in the hospital industry. Healthcare firms are able to use technology to cut costs and increase productivity and efficiency of their business models as a result of their focus on enhancing the customer experience through multiple channels, such as cashless payment kiosks coupled with 5G. For instance, according to Aila Technologies, Inc. report published in November 2019, major healthcare providers like LabCorp and Health Canada rely on Aila's Interactive Kiosk to streamline check-in, verification, and payments. According to the company's Q1 2019 earnings the survey shows the point of service an overall approval rating of 88% and a check-in rate of 94%. Accepting payments using biometrics and facial recognition through a hospital kiosk is emerging as a key trend that is likely to drive the growth of the medical Kiosk market.
North America is Expected to Dominate the Medical Kiosk Market
North America is expected to dominate the market owing to factors such as strategic presence of major players, technological advancements, and growing demand for digital health. According to the Kiosk Marketplace Census Report 2020, the United States is home to more than half of all hardware manufacturers. Due to its startup ecosystem and the quick uptake of technological solutions by local companies, North America is seen as the growth hub for innovative technology-driven enterprise business models. It is believed that this will present prospects for regional growth.
Designing digital Medical Kiosks that are usable by end users with hearing, vision, and mobility limitations has become easier owing to the Americans with Disability Act. For market participants in Medical Kiosks, improved ergonomics and accessibility to all demographic groups will continue to create new opportunity. Biometric Health Kiosk operator announces a United Kingdom-based AI chatbot Babylon Health that led a USD 30 million Series B in United States-based Higi that will develop digital assessment capabilities. Higi's kiosks allow users to measure and track metrics and has a presence within five miles of 73% of the United States population. More than 62 million people have completed over 335 million biometric assessments. With United States healthcare system is too expensive to access, these medical kiosks will make healthcare more accessible to people by providing services at these locations encouraging the growth for the regional market.
Therefore, owing to the aforesaid factors the growth of the studied market is anticipated in the North America Region.
Medical Kiosk Industry Overview
The medical Kiosk Market is consolidated in nature due to the presence of few companies operating globally as well as regionally. The competitive landscape includes an analysis of a few international as well as local companies which hold the market shares and are well known include Fabcon, Inc., Meridian Kiosks, VeriFone, Inc., XIPHIAS Software Technologies, RedyRef Interactive Kiosks, imageHOLDERS, KIOSK Information Systems, ADVANCED KIOSKS, JCM Global, Frank Mayer and Associates, Inc., Kiosks4business Ltd., DynaTouch Corporation, and Olea Kiosks Inc. among others.
Medical Kiosk Market Leaders
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Fabcon, Inc.
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Meridian Kiosks
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VeriFone, Inc.
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XIPHIAS Software Technologies
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RedyRef Interactive Kiosks
*Disclaimer: Major Players sorted in no particular order
Medical Kiosk Market News
- In March 2022, Docty planned to set up 100 digital healthcare kiosks in India, called 'Gali Gali Me Digital Clinic'. This program is meant to help patients get timely consultation, prescription, electronic medical records (EMR), and pharmacy and lab services at discounted price across more than 28 specialties.
- In January 2022, Lord's Mark Industries enters Medtech with distribution partnerships and launched Medical Kiosks to boost public healthcare infrastructure.
Medical Kiosk Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Cashless Kiosks Integrated with 5G
4.2.2 Rise in the digitalization
4.2.3 Safety and security owing to adoption of smart technology
4.3 Market Restraints
4.3.1 Risk related to IT and security and strict rules and regulations
4.3.2 High Initial Capital Requirements
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Type
5.1.1 Check-In Kiosks
5.1.2 Payment Kiosks
5.1.3 Way Finding Kiosks
5.1.4 Telemedicine Kiosks
5.1.5 Self-Service/ Informative Kiosks
5.1.6 Other Kiosks
5.2 By End-User
5.2.1 Hospitals
5.2.2 Clinics
5.2.3 Pharma Stores
5.2.4 Other End Users
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Rest of the World
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Fabcon, Inc.
6.1.2 Meridian Kiosks
6.1.3 VeriFone, Inc.
6.1.4 XIPHIAS Software Technologies
6.1.5 RedyRef Interactive Kiosks
6.1.6 imageHOLDERS
6.1.7 KIOSK Information Systems
6.1.8 ADVANCED KIOSKS
6.1.9 JCM Global
6.1.10 Frank Mayer and Associates, Inc.
6.1.11 Kiosks4business Ltd.
6.1.12 DynaTouch Corporation
6.1.13 Olea Kiosks Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Medical Kiosk Industry Segmentation
As per the scope of the report, medical kiosks are electronic, computerized kiosks. An interactive health monitoring system with user-friendly apps. The tool encourages a more proactive approach to health and well-being by giving people more control over their own health. The medical kiosk market is segmented by Type (Check-In Kiosks, Payment Kiosks, Way Finding Kiosks, Telemedicine Kiosks, Self-Service/ Informative Kiosks, and Other Kiosks), End-User (Hospitals, Clinics, Pharma Stores and Other End Users), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The market report also covers the estimated market sizes and trends for 13 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
| By Type | |
| Check-In Kiosks | |
| Payment Kiosks | |
| Way Finding Kiosks | |
| Telemedicine Kiosks | |
| Self-Service/ Informative Kiosks | |
| Other Kiosks |
| By End-User | |
| Hospitals | |
| Clinics | |
| Pharma Stores | |
| Other End Users |
| Geography | ||||||||
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| Rest of the World |
Medical Kiosk Market Research FAQs
How big is the Global Medical Kiosk Market?
The Global Medical Kiosk Market size is expected to reach USD 1.54 billion in 2024 and grow at a CAGR of 16.42% to reach USD 3.29 billion by 2029.
What is the current Global Medical Kiosk Market size?
In 2024, the Global Medical Kiosk Market size is expected to reach USD 1.54 billion.
Who are the key players in Global Medical Kiosk Market?
Fabcon, Inc., Meridian Kiosks, VeriFone, Inc., XIPHIAS Software Technologies and RedyRef Interactive Kiosks are the major companies operating in the Global Medical Kiosk Market.
Which is the fastest growing region in Global Medical Kiosk Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Medical Kiosk Market?
In 2024, the North America accounts for the largest market share in Global Medical Kiosk Market.
What years does this Global Medical Kiosk Market cover, and what was the market size in 2023?
In 2023, the Global Medical Kiosk Market size was estimated at USD 1.32 billion. The report covers the Global Medical Kiosk Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Medical Kiosk Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Global Medical Kiosk Industry Report
Statistics for the 2024 Global Medical Kiosk market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Global Medical Kiosk analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
