Market Research Report
Smart Hospitals Market by Component, Product, Connectivity, Application and Artificial Intelligence - Global Opportunity Analysis and Industry Forecast, 2017-2025
|Published by||Allied Market Research||Product code||677085|
|Published||Content info||320 Pages
Delivery time: 2-3 business days
|Smart Hospitals Market by Component, Product, Connectivity, Application and Artificial Intelligence - Global Opportunity Analysis and Industry Forecast, 2017-2025|
|Published: July 1, 2018||Content info: 320 Pages||
Smart Hospitals Market by Component (Hardware, System & Software, and Service), Product (Smart Pill, mHealth, Telemedicine, and Electronic Health Record), Connectivity (Wired and Wireless), Application (Remote Medicine Management Medical Assistance, Medical Connected Imaging, Electronic Health Record & Clinical Workflow, and Others) and Artificial Intelligence (Offering, Technology, and Application) - Global Opportunity Analysis and Industry Forecast, 2017-2025 .
The global smart hospitals market was valued at $16,925 million in 2017 and is expected to reach $58,777 million by 2025 with a CAGR of 17.3% during the forecast period. Hospitals that rely on automated and optimized processes that are built on information and communication technologies (ICT) environment of interconnected assets such as Internet of Things are known as smart hospitals. This further aids in improving the existing patient care procedures and introduce new capabilities in hospitals.
The continuous advancements in healthcare infrastructure and the rise in need for cost effective solutions in hospitals are the major factors supplementing the market growth. However, the high cost of these devices and lack of healthcare professionals to operate the devices is anticipated to restrain the market growth. Moreover, the rise in investments in healthcare sector in the developing economies create lucrative opportunities in the market.
The global smart hospitals market is segmented based on component, product, connectivity, application, and artificial intelligence. Based on component, the market is divided into hardware, system & software, and service. Based on product, the market is classified into smart pill, mhealth, telemedicine, and electronic health record. Further, based on connectivity, the market is bifurcated into wired and wireless. Wireless segment in further categorized into Wi-Fi, RFID, Bluetooth, and others. Based on application, the market is segmented into remote medicine management, medical assistance, medical connected imaging, electronic health record & clinical workflow, and others. Based on artificial intelligence the market is classified into offering, technology and applications. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Artificial Intelligence
The other players in the value chain include (profiles not included in the report) the following: