Asia Pacific Region to register highest growth in demand for smart healthcare products, during 2017-2025

The global Smart Healthcare market is expected to grow at growth rate of 19.8% to reach USD 213.6 billion by 2025. This comprehensive study reveals the market estimate numbers for different market segments. Along with that, the study covers qualitative insights, strategic benchmarking and thorough competitive landscaping in the report spreading over 110 pages.

Acceptance of advanced digital and mobile technologies has created the scope for smart solutions in the medical industry for effective diagnosis of various chronic disease conditions. Smart healthcare does not only cure the diseases but also confront it at the right time. Medical technology plays a strategic role in fostering the change of healthcare delivery towards smart solutions. Further, the market is benefitting from the growing need for reducing operational cost among physicians and patient population. Other factors such as favorable reimbursement schemes, aging population, and rising number of companies investing in this industry, anticipating a better grip on the market. The global industry could be risked by the low penetration of it in developing regions such as the Middle East and Africa. Some of the other factor stoking the growth of this industry could be low awareness regarding advanced technologies, lack of skilled professionals etc.

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Key Takeaway:
- Electronic Health Records (EHR) is considered to be the highest revenue generating segment throughout the study period as it offers a secure and strong platform for sharing accurate and complete health information. Client-server and web-based software are the part of EHR software.
- North America is dominant in the global market. Europe is predicted to closely trail this region in terms of growth owing to the growing acceptance of smart medical products.
- For example, Sweden based University Hospital in Lund has integrated RFID kanban technology in their daily operations. This initiative has helped the organization to attain maximum productivity gains from clinical staff and supply staff. Also, it has helped the hospital to achieve over 90% shrinkage reduction and 33% inventory reduction.
- Asia Pacific countries such as China and India display substantial demand for these products. However, lack of innovation in the Middle East and African countries has resulted in a scarcity of cost-effective products in the medical technology industry, anticipated to hamper market in foreseeable future.
- The market is characterized by the presence of several small scales and large-scale key players such as Stanley Innerspace, Olympus Corporation, Siemens, GE, and Samsung
- By investing in the smart healthcare system, these companies aim to create a competitive edge in the medical industry. It is noted that companies are concentrating on providing advanced and cost-effective solutions to the end-users to capture the untapped

Browse full report with in-depth ToC on “Smart Healthcare Market, By Product (RFID Smart Cabinets, RFID Kanban Systems, Telemedicine, EHR, and mHealth), and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
www.analystviewmarketinsights.com/report-highlight-smart-healthcare-market/

The scope of this report covers the market by its major segments, as follows: Market, by product: RFID Smart Cabinets, RFID Kanban Systems, Telemedicine, Electronic Health Records (EHR) and mHealth; Market, by Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa and Rest of the World; Market, by Country: U.S., Canada, Germany, France, India, and China

Key benefits of the report:
• The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• A thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts segmentations, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

Research Methodology:
- Preliminary Data Mining: Secondary Research, Paid Databases, Primary Research
- Data Synthesis & Analysis: Top-Down Approach, Bottom-Up Approach, Supply Side and Demand Side
- Market Formulation: Market Dynamics, Total Addressable Market and Machine Learning Technique
- Data Verification: Quality Assurance and Reach a Conclusion
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