Market Research Report
Smart Hospitals Market - Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 - 2025
|Published by||Variant Market Research LLP||Product code||649272|
|Published||Content info||101 Pages
Delivery time: 2-3 business days
|Smart Hospitals Market - Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 - 2025|
|Published: June 2, 2018||Content info: 101 Pages||
Global Smart Hospitals Market is estimated to reach $101.6 billion by 2025; growing at a CAGR of 25.4% from 2017 to 2025. Smart hospitals are next technological revolution in healthcare industry that requires to manage a large amount of available data. Smart hospitals enhance existing patient care procedures as well as introduce new capabilities to them. The proficiency to deliver a valuable service of insight is the important element for smart hospitals, that was previously not possible. With this new technological revolution, cloud computing services, a huge amount of data, artificial intelligence solutions, and machine learning methods are being united. The real time patient management system supports in automating & streamlining patient identification procedures. Factor such as mounting requirements about connected devices in hospitals is expected to fuel the growth of the global smart hospitals market over the coming years.
Major factors driving the global smart hospitals market are acceptance of IoT technologies in healthcare, growing demand for cost effective solutions in hospitals, and growing requirements of connected devices in hospitals. Though, huge prices of connected systems may hamper the growth of the market. Additionally, upgradation of healthcare infrastructure would unfold profitable growth opportunities for the market in the forthcoming future.
Major segments of the global smart hospitals market include component, connectivity, service rendered, artificial intelligence, application, and geography. Component includes hardware, systems & software, and services. Connectivity segment is further segregated into wired, and wireless. Service rendered includes general services, super specialty, and specialty. Based on artificial intelligence, the market is further classified into offering and technology. Furthermore, based on application segment, the market is separated into electronic health record & clinical workflow, remote medicine management, medical connected imaging, outpatient vigilance, and medical assistance.
Geographically, the global smart hospitals market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexica, whereas Europe consists of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Major players competing in the market are Honeywell Life Care Solutions, Medtronic, Koninklijke Philips N.V., GE Healthcare, Siemens AG, Qualcomm Life, Inc., Allengers, Cerner Corporation, AdhereTech, McKesson Corporation, and GE Healthcare, among others.
Service Rendered Segments
Artificial Intelligence Segments