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Mar, 23 2021

The Smart Hospital Market is Estimated to Exhibit a CAGR of 20.2% During the Forecast Period

However, lack of awareness regarding internet of things will restrain the scope of growth for smart hospital market. High cost of connected devices technology will further slowdown the market growth rate.

Currently, North America dominates the global smart hospital market in terms of market share and market revenue. This is because of the prevalence of sophisticated healthcare infrastructure, increased adoption of artificial intelligence products and increased research and development proficiencies to provide the best of innovations related to pharmaceutical drugs and healthcare treatment procedures.

Global Smart Hospital Market Scenario

According to Data Bridge Market Research, the smart hospital market will exhibit a significant rise in its market value. Prevalence of improved healthcare infrastructure, growing need of cost-effective solutions, and introduction of internet of things (IoT) are some factors inducing the growth of the market. Enabled devices and technologies, surging number of cases of chronic diseases and adoption of connected devices and instruments are some of other factors that will accelerate the growth of the smart hospital market. Moreover, increasing investment by the government especially in the emerging economies will further create new and ample opportunities for the growth of smart hospital market.

Now the question is which are the other regions that the smart hospital market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific smart hospital market. The growth in this region can be attributed to the rising number of hospitals and surgical centers. Improving healthcare infrastructure especially in the developing countries will further ascertain the market growth in this region.

For more analysis on the global smart hospital market request for a briefing with our analysts

Scope of the Smart Hospital Market

The smart hospital market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

  • The smart hospital market is further segmented on the basis of component, smart hospital market is segmented into hardware, systems and software, services. Smart hospital market has also been segmented on the basis of services rendered into general, specialty and super specialty. On the basis of application, smart hospital market is segmented into remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance. On the basis of connectivity, smart hospital market is segmented into wired and wireless. On the basis of artificial intelligence, smart hospital market is segmented into offering and technology.
  • Smart hospitals are the hospitals with advanced technologies and medical equipment. These are equipped with software that reduce the workload, reduce operational cost and improve the efficiency of operations. These are generally based on artificial intelligence and internet of things.

To know more about the study

Key Pointers Covered in the Smart Hospital Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors

Key Market Competitors Covered in the Smart Hospital Market Report

  • Koninklijke Philips N.V.
  • Medtronic
  • Qualcomm Technologies, Inc.
  • Honeywell International Inc.
  • STANLEY Healthcare
  • SAP SE
  • Microsoft
  • Allscripts Healthcare, LLC
  • Cerner Corporation.
  • McKesson Corporation
  • Advantech Co., Ltd
  • Proteus Digital Health
  • AdhereTech.
  • Enlitic, Inc.
  • Intel Corporation
  • NVIDIA Corporation
  • Welltok, Inc

Above are the key players covered in the report, to know about more and exhaustive list of global smart hospitals companies contact us

Research Methodology: Global Smart Hospital Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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