Smart Hospitals Market, By Component, By Technology, By Application, By Connectivity, By Region

Description

Smart Hospitals Market is estimated to be valued at USD 59.73 Bn in 2025 and is expected to reach USD 222.92 Bn by 2032, growing at a compound annual growth rate (CAGR) of 20.7% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 59.73 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	20.70%	2032 Value Projection:	USD 222.92 Bn

Smart hospital maximizes productivity due to digital transformation of the healthcare industry and provides better patient satisfaction and flexibility. Smart hospitals are playing a major role during the COVID-19 pandemic situation. Technology can aid social distancing between non-infected and infected patients and has been helpful in limiting the growth and spread of the virus. Hence, several market players are collaborating with healthcare organizations to provide smart hospital solutions which is expected to drive the growth of smart hospitals market during the forecast period. For instance, in July 2020, KT Corporation collaborated with the Asan Medical Center, South Korea, and Hyundai Robotics Co., to develop contactless medical services such as real-time health care tracking using wearables and remote diagnosis.

Market Dynamics

Key players are entering long term collaborations and agreements with healthcare providers in order to provide better and advanced healthcare services and facilities. This is expected to propel the growth of the global smart hospitals market during the forecast period. For instance, in 2017, Humber River Hospital started a Hospital Command Centre with GE Healthcare to monitor and manage the flow of patients at every stage of their care and treatment. Hence, such long term partnerships are encouraging technological advancement in healthcare sector which in turn is making the hospitals smarter and driving the market growth.

Rising launch of new applications and products is the major factor driving the market growth over the forecast period. For instance, in March 2021, Navia Life Care, a healthcare company, announced the launch of Navia Smart EMR 2.0, an integrated platform that allows doctors to create digital prescriptions and provides easier conversation with patients on online platform.

Key features of the study:

This report provides an in-depth analysis of global smart hospitals market, provides market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global smart hospitals market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Medtronic Plc., Koninklijke Philips N.V., GE Healthcare, Stanley Healthcare, Siemens AG, Athenahealth, Allscripts Healthcare Solutions, Inc., Microsoft Corporation, SAP SE, Samsung Healthcare, and Honeywell International Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global smart hospitals market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the Smart hospitals market

Detailed Segmentation:

Global Smart Hospitals Market, By Component:
- Hardware
- Software System
- Services
Global Smart Hospitals Market, By Technology:
- Cloud Computing
- Artificial Intelligence
- Wearable Technologies
- Radio Frequencies Identification
- Others
Global Smart Hospitals Market, By Application:
- Remote Medicine Management
- Medical Connected Imaging
- Medical Assistance
- Electronic Health Record
- Outpatient Vigilance
Global Smart Hospitals Market, By Connectivity:
- Wired
- Wireless
Global Smart Hospitals Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles
- Medtronic Plc.
- Koninklijke Philips N.V.
- GE Healthcare
- Stanley Healthcare
- Siemens AG
- Athenahealth
- Allscripts Healthcare Solutions, Inc.
- Microsoft Corporation
- SAP SE
- Samsung Healthcare
- Honeywell International Inc.

Product Code: CMI4211

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Component
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By Connectivity
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Recent Product Launches
Epidemiology
Merger, Acquisition, and Collaborations
Regulatory Scenario
Key Developments
PEST Analysis
Partnership Scenario
Brand and Pricing Analysis
Distributors Landscape
Porters Analysis
Technological Advancements
Key Developments
Market Trend

4. Global Smart Hospitals Market - COVID-19 Impact Analysis

Economic Impact
COVID-19 Epidemiology
Impact on Supply and Demand

5. Global Smart Hospitals Market, By Component, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Software Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)

6. Global Smart Hospitals Market, By Technology, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Cloud Computing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Artificial Intelligence
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Wearable Technologies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Radio Frequency Identification
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)

7. Global Smart Hospitals Market, By Application, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Remote Medicine Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Medical Connected Imaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Medical Assistance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Electronic Health Record
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Outpatient Vigilance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)

8. Global Smart Hospitals Market, By Connectivity, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
Wired
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Wireless
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)

9. Global Smart Hospitals Market, By Region, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Regions, 2021-2032
- Regional Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020 - 2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2020 - 2032, (US$ Billion)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020 - 2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (US$ Billion)
  - Brazil
  - Mexico
  - Argentina
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020 - 2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (US$ Billion)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020 - 2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (US$ Billion)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020 - 2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2020- 2032, (US$ Billion)
  - GCC
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020 - 2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032, (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020- 2032, (US$ Billion)
  - North Africa
  - Central Africa
  - South Africa

10. Competitive Landscape

Medtronic Plc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
Koninklijke Philips N.V.
GE Healthcare
Stanley Healthcare
Siemens Healthineers AG
Athenahealth
Allscripts Healthcare Solutions, Inc.
Microsoft Corporation
SAP SE
Samsung Healthcare
Honeywell International Inc.
Qualcomm Technologies, Inc.
Itrex Group
CitiusTech Inc.
TERSO SOLUTIONS, INC.,

11. Section

Research Methodology
About Us