Europe Smart Hospital Market to 2032

Q: What is the current market size of the Europe Smart Hospital Market?

Europe Smart Hospital Market was valued at USD 16.06 (Revenue in USD Billion) in 2021.

Overview

The Europe Smart Hospital Market is expected to reach a 70.47 USD Billion by 2032 and is projected to grow at a CAGR of 30.13% from 2025 to 2032.

Revenue, 2024 (USD Billion)

16.06

Forecast, 2032 (USD Billion)

70.47

CAGR, 2024 - 2032

30.13%

Report Coverage

Europe

Europe Smart Hospital Market 2018-2032 USD Billion

Europe Smart Hospital Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 16.06 USD Billion
Projected Market Size (2032): 70.47 USD Billion
CAGR (2025-2032): 30.13%

Key Findings of Europe Smart Hospital Market

The Europe Smart Hospital Market was valued at 16.06 USD Billion in 2024.
The Europe Smart Hospital Market is likely to grow at a CAGR of 30.13% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Artificial Intelligence in Technology Segment accounted for the largest share of the market with a revenue of 22.08 USD Billion
The fastest growing segment Robot-Assisted Surgery in Application Segment grew Fastest with a CAGR of 50.99% during the forecast period from 2024 to 2032.

Europe Smart Hospital Market Scope

Europe Smart Hospital Market Segmentation & Scope

Component

Services
Systems and Software
Hardware

Technology

Others
Cloud Computing
Big Data
Internet of Things
Augmented Reality (AR)
Artificial Intelligence

Application

Clinical Trial Participant Identifier
Others
Preliminary Diagnosis
Research
Fraud Detection
Precision Medicine
Dosage Error Reduction
Cybersecurity
Virtual Nursing Assistance
Workflow Assistance
Robot-Assisted Surgery
Image Analysis
Non-Invasive Diagnosis
Pharmacy Automation
Electronic Health Record & Clinical Workflow
Outpatient Vigilance
Medical Assistance
Medical Connected Imaging
Remote Medicine Management

Distribution Channel

Retail Sales
Third Party Distributor
Direct Tender

Connectivity

Wireless
Wired

Europe Smart Hospital Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	16.06 USD Billion
Market Value in 2032	70.47 USD Billion
CAGR (2025-2032)	30.13%
Historic Data	2016-2023
Market Segments Covered	Component,Technology,Application,Distribution Channel,Connectivity

Regional Insights:

Leading Market (2024-2032): Europe, leading in terms of revenue 16.06 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 4,523.34 USD Million in 2024.

Segments and Scope

Europe Smart Hospital Market to 2032, By Component
- Hardware is the largest segment in Europe Smart Hospital Market to 2032 with a revenue of 7.28 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Europe Smart Hospital Market to 2032 with a Growth rate of 33.05 % in forecast period 2025-2032.
Europe Smart Hospital Market to 2032, By Technology
- Artificial Intelligence is the largest segment in Europe Smart Hospital Market to 2032 with a revenue of 22.08 USD Billion in the year 2024.
- Artificial Intelligence is the Fastest growing segment in Europe Smart Hospital Market to 2032 with a Growth rate of 33.83 % in forecast period 2025-2032.
Europe Smart Hospital Market to 2032, By Application
- Remote Medicine Management is the largest segment in Europe Smart Hospital Market to 2032 with a revenue of 2.84 USD Billion in the year 2024.
- Robot-Assisted Surgery is the Fastest growing segment in Europe Smart Hospital Market to 2032 with a Growth rate of 37.78 % in forecast period 2025-2032.
Europe Smart Hospital Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in Europe Smart Hospital Market to 2032 with a revenue of 9.22 USD Billion in the year 2024.
- Direct Tender is the Fastest growing segment in Europe Smart Hospital Market to 2032 with a Growth rate of 33.37 % in forecast period 2025-2032.
Europe Smart Hospital Market to 2032, By Connectivity
- Wired is the largest segment in Europe Smart Hospital Market to 2032 with a revenue of 8.68 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in Europe Smart Hospital Market to 2032 with a Growth rate of 26.70 % in forecast period 2025-2032.

Europe Smart Hospital Market Company Share Analysis

Company Name
Microsoft
Medtronic
McKesson Corporation
Intel Corporation
Koninklijke Philips N.V.

Europe Smart Hospital Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Smart Hospital Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Europe Smart Hospital Market?

The Europe Smart Hospital Market is segmented based on Segmentation Component,Technology,Application,Distribution Channel,Connectivity.

What is the current market size of the Europe Smart Hospital Market?

Europe Smart Hospital Market was valued at USD 16.06(Revenue in USD Billion) in 2021.

What is the expected growth rate of the Europe Smart Hospital Market?

Europe Smart Hospital Market is projected to grow at a CAGR of 30.13% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Europe Smart Hospital Market?

The Artificial Intelligence segment is expected to dominate the Europe Smart Hospital Market, holding a largest market share of 22.08 USD Billion in 2024