Press release
Smart Hospital Market Growing Demand flourish With Progressive CAGR 23.93% By 2023 | Top Most Players | athena health, GE Healthcare, SAP SE, Siemens, Oracle Corporation, Cerner, Microsoft Corporation, Samsung Group, Qualcomm Life Inc, Philips and Stanley
Smart Hospital Market
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Competitive Insights
The leading players in the market are athenahealth, GE Healthcare, SAP SE, Siemens, Oracle Corporation, Cerner, Microsoft Corporation, Samsung Group, Qualcomm Life Inc, Philips and Stanley Healthcare. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Industry Trend Analysis Overview:
The Smart Hospital Market was worth USD 8.78 billion in 2014 and is expected to reach approximately USD 60.55 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 23.93% during the forecast period. A 'Smart Hospital' depends on upgraded and mechanized procedures, based on an ICT situation of interconnected resources like the Internet of Things (IoT) focused at enhancing existing patient care methods and creating new capacities. It depends on the enormous information transformation – the 'Fourth Industrial Revolution' – which includes connected devices with distributed computing, huge information investigation and man-made brainpower (AI) – to guarantee that the basic framework is smart.
Regional Insights
North America is one of the major regions over the world based on market share in the smart hospital market as they are incorporated with sensors that measure heart rate, light, humidity, temperature and others. The smart hospital market in Europe area is anticipated to encounter fast development over the forecast period. Though, in Asia-Pacific nations like China, Japan and India are a developing business sector for smart hospital market and anticipated that would be the most astounding CAGR over the following years as the organizations are focusing on progressions to meet highly neglected medical needs.
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Market Segmentation-
Smart Hospitals Market, By Components, Estimates and Forecast, 2014-2023($Billion)
Software
Hardware
Smart Hospitals Market, By Technology, Estimates and Forecast, 2014-2023($Billion)
Cloud Computing
Artificial Intelligence
Internet of Things
RFID
Smart Hospitals Market, By Applications, Estimates and Forecast, 2014-2023($Billion)
Remote Medicine Management
Outpatient Vigilance
By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
5. Smart Hospital Market, By Components
5.1. Introduction
5.2. Global Smart Hospital Sales, Revenue and Market Share by Components (2014-2018)
5.2.1. Global Smart Hospital Sales and Sales Share by Components (2014-2018)
5.2.2. Global Smart Hospital Revenue and Revenue Share by Components (2014-2018)
5.3. Software
5.3.1. Global Software Sales and Growth Rate (2014-2018)
5.4. Hardware
5.4.1. Global Hardware Sales and Growth Rate (2014-2018)
6. Smart Hospital Market, By Technology
6.1. Introduction
6.2. Global Smart Hospital Sales, Revenue and Market Share by Technology (2014-2018)
6.2.1. Global Smart Hospital Sales and Sales Share by Technology (2014-2018)
6.2.2. Global Smart Hospital Revenue and Revenue Share by Technology (2014-2018)
6.3. Cloud Computing
6.3.1. Global Cloud Computing Sales and Growth Rate (2014-2018)
6.4. Artificial Intelligence
6.4.1. Global Artificial Intelligence Sales and Growth Rate (2014-2018)
6.5. Internet of Things
6.5.1. Global Internet of Things Sales and Growth Rate (2014-2018)
6.6. RFID
6.6.1. Global RFID Sales and Growth Rate (2014-2018)
7. Smart Hospital Market, By Application
8. Smart Hospital Market, By Region
……CONTINUED FOR TOC
Drivers and Restraints
The smart hospital is the next evolution of technology in the healthcare sector which deals with a lot of accessible information. The variables that drive the market development are developing awareness of artificial intelligence, machine learning, RFID, cloud computing services and others. The radio-frequency identification permits to data on real time basis that provides support in decision making and make a protected and dependable smart hospital management information system. The real time patient management system helps in streamlining and automating patient identification procedures.
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