Germany Smart Healthcare Market 2021 Overview, Opportunities And Challenges Forecast To 2027

The “Germany smart healthcare market” size is expected to reach USD 33.09 billion by 2027, exhibiting a CAGR of 21.9% during the forecast period. The robust government support in Germany along with technological advancement are factors expected to boost the growth of the market, states Fortune Business Insights, in a report, titled “Germany Smart Healthcare Market Size, Share & COVID-19 Impact Analysis, By Product (Electronic Health Record, Smart Medication Delivery, Telemedicine, RFID Systems, mHealth, and Others), By Application (Health Data Storage, Monitoring and Treatment, Inventory Management, and Others), and by End User (Hospitals & ASCs, Homecare Settings, and Others) and Forecast, 2020-2027.” The market size stood at USD 6.87 billion in 2019

The report covers:

Global Germany Smart Healthcare Market trends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
Comprehensive company profiles of the major industry players.
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Leading Players operating in the Germany Smart Healthcare Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

GE Healthcare (General Electric Company) (Chicago, U.S.)
Siemens Healthineers AG (Siemens Healthcare GmbH) (Munich, Germany)
Abbott (Lake Bluff, U.S.)
Olympus Corporation (Tokyo, Japan)
Resideo Technologies Inc. (Austin, U.S.)
Cisco (San Jose, U.S.)
IBM (Armonk, U.S.)
Cerner Corporation (Kansas City, U.S.)
Allscripts Healthcare Solutions, Inc. (Chicago, U.S.)
Competitive Landscape:

Expansion Plans of Prominent Companies to Strengthen Business

The ongoing strategies of Cerner, and Resideo Technologies Inc to expand its presence in Germany will incite lucrative business. For instance, the German Government’s mandate of an EHR for all the individuals under the statutory health insurance (SHI). In September 2019, there were an estimated 1,379 health technology start-ups in Germany. This includes InterComponentWare (ICW), eGym, Ada, Clue, and Freeletics. The emerging companies in healthcare, telemedicine, and mHealth will bolster the healthy growth of the market. Similarly, the emerging players are focused on strategic collaborations with established players to strengthen their footprint in the German market.

Market Driver:

Growing Adoption of Telemedicine and mHealth to Boost Market

The increasing acceptance of various technologies such as mHealth and telemedicine by the German population will have a tremendous impact on the global market. The ongoing alternations in legislation are expected to boost the expansion of digital health platforms. Moreover, favorable reimbursement policies for digital health solutions will simultaneously create opportunities for the market. The increasing awareness about various advantages of new technologies in healthcare such as greater accessibility, efficient treatment, disorder management, and cost-effectiveness will have an excellent effect on the market during the forecast period. Also, the emerging number of companies in healthcare will favor the healthy growth of the market.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Prevalence of Chronic Diseases in Germany
Regulatory and Reimbursement Scenario
Key Industry Developments - Partnerships, Mergers & Acquisitions
Technological Advancements in Smart Healthcare
New Product Launch (by Major Players)
Germany Smart Healthcare Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Electronic Health Record
Smart Medication Delivery
Telemedicine
RFID Systems
mHealth
Others
Market Analysis, Insights and Forecast – By Application
Health Data Storage
Monitoring and Treatment
Inventory Management
Others
Market Analysis, Insights and Forecast – By End User
Hospitals
Homecare Settings
Others
Competitive Analysis
Germany Market Share Analysis (2019)
Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
GE Healthcare
Siemens Healthcare GmbH
Abbott
Olympus Corporation
Resideo Technologies Inc.
Cisco
IBM
Cerner Corporation
Allscripts Healthcare Solutions, Inc.
COVID-19 Impact on Smart Healthcare Market
Continued...

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Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Germany Smart Healthcare Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the Germany Smart Healthcare Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

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