Global Transportable Exam Station Market: Introduction

Transportable exam stations can be defined as highly portable units built to enable doctors conduct comprehensive health checkups by using a tablet PC, a real digital stethoscope, a USB echoscope, and examination cameras. These allow doctors to remotely perform general health and dermatology examinations; and aid in trauma and triage. Transportable exam stations enable the provision of telemedicine to the patients through video conferencing. These stations store an array of medical devices and cameras in a weather-resistant, rugged, impact-resistant, and dust-resistant rolling case.

Global Transportable Exam Station Market: Competitive Landscape

The market is governed by the presence of a limited number of players including GlobalMed and Cure Global, LLC.

GlobalMed

GlobalMed is one of the leading providers of telemedicine stations. The company offers products such as Transportable Exam Station Extreme and Transportable Exam Station Enterprise. Transportable Exam Station Extreme is a mobile telemedicine platform employing a military grade tablet and an impact-resistant casing for storing a range of medical devices. Transportable Exam Station Enterprise enables connection to the doctors from a remote location through its ruggedized case and a tablet PC.

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Cure Global, LLC

Cure Global offers a range of vertically integrated telehealth solutions that enable organizations to provide sustainable care to the patients. The solutions offered by the company include telemedicine stations, software, and program support. The telemedicine stations offered by the company include ClinicalAccess Station, Xpress Station, and Transportable Exam Station.

Transportable Exam Station Market: Dynamics

Growing Acceptance of Telemedicine

The growing acceptance of telemedicine is anticipated to contribute significantly to the growth of the market. The strong growth of telemedicine can be attributed to rise in shortage of health care personnel and lack of access to health care providers in certain remote areas. According to an article published by Harvard Public Health study, the annual number of telehealth visits increased from 0.02 per 1,000 members in 2005 to 6.57 per 1,000 in 2017.

Increase in Disposable Income

In developed countries, per capita disposable incomes exhibit low volatility due to a spike in double-income households. This has directly boosted consumer purchasing power. Additionally, the affordability of high-end products has increased in developing countries. Increase in disposable incomes in China, Taiwan, Malaysia, Indonesia, and Vietnam is expected to drive the market.

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Rise in Use of Refurbished Tables to Hamper Market

Increase in maintenance and acquisition costs, and budgetary constraints have led to rise in preference of health care facilities in the U.S. toward use of refurbished examination tables. Rise in number of players in the refurbished medical equipment market has led to even more competition in the global transportation exam station market. These players offer refurbished transportable exam stations at lower prices, thus, attracting more health care facilities to buy refurbished examination tables. This is likely to result in decrease of replacement and new unit sales of transportable exam stations in the global market, thereby restraining the market.

Global Transportable Exam Station Market: Segmentation

Global transportable exam station market can be segmented on the basis of:

  • Product Type
  • End-user

Based on product type, the global transportable exam station market is divided into:

  • Transportable Exam Station Extreme
  • Transportable Exam Station Enterprise

In terms of end-user, the global transportable exam station market is categorized into:

  • Government Organizations
  • Military Centers
  • Others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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