Smart Hospital Market (COVID-19 Impact Analysis) 2020 Analysis Report with Highest CAGR and Major Players like Koninklijke Philips N.V., Medtronic, SAP SE, Microsoft, Enlitic, Intel, NVIDIA
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An excellent and precise market research report serves as a backbone for your business when it comes to thrive in the competition. Smart Hospital Market report offers a telescopic view of the competitive landscape to the client so that they can plan the strategies accordingly. This Smart Hospital Market research report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross & gross margin. The report is presented to the clients with full commitment and best possible service is assured depending upon your requirements.
Market Analysis and Insights of Global Smart Hospital Market
Smart hospital market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 102.31 billion by 2027 growing at a CAGR of 20.2% in the above-mentioned forecast period. The rising awareness among the physicians and patients regarding the benefits of smart hospital has been directly impacting the growth of the market.
The major players covered in the smart hospital market report are Koninklijke Philips N.V., GENERAL ELECTRIC COMPANY, Medtronic, Qualcomm Technologies, Inc., Honeywell International Inc, STANLEY Healthcare, SAP SE, Microsoft, Allscripts Healthcare, LLC, Cerner Corporation., McKesson Corporation, Advantech Co., Ltd, Proteus Digital Health, AdhereTech., Enlitic, Inc., Intel Corporation, NVIDIA Corporation, Welltok, Inc, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Global Smart Hospital Market Scope and Market Size :
Smart hospital market is segmented on the basis of component, services rendered, artificial intelligence, connectivity and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of component, smart hospital market is segmented into hardware, systems and software, services. Hardware has been further segmented into medical devices. Medical devices have been further sub segmented into wearable external medical devices, implanted medical devices, stationary and supportive medical devices and semiconductor components. Semiconductor components have been further sub segmented into processors, sensors and connectivity ICS. Services have been further segmented into professional services and managed services. Professional services have been further sub segmented into consulting and integration services, support and maintenance services.
Smart hospital market has also been segmented on the basis of services rendered into general, specialty and super specialty.
On the basis of application, smart hospital market is segmented into remote medicine management, electronic health record & clinical workflow, outpatient vigilance, medical connected imaging and medical assistance.
On the basis of connectivity, smart hospital market is segmented into wired and wireless. Wireless has been further segmented into Wi-Fi, RFID, bluetooth, zigbee, near field communication (NFC) and others.
On the basis of artificial intelligence, smart hospital market is segmented into offering and technology. Offering has been further segmented into hardware, software and services. Services have been further sub segmented into deployment and integration, support and maintenance. Software has been further bifurcated into AI platform and solutions. Technology has been further segmented into natural language processing (NLP), context–aware processing, deep learning and querying method.
Smart Hospital Market Country Level Analysis :
Smart hospital market is analysed and market size insights and trends are provided by country, component, services rendered, artificial intelligence, connectivity and application as referenced above.
The countries covered in the smart hospital market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the smart hospital market due to the prevalence of improved healthcare infrastructure and increasing adoption of artificial intelligence enabled products, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 because of increasing number of hospitals and surgical centres and provision of improved healthcare infrastructure.
The country section of the smart hospital market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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