Smart Hospitals Market 2022: Size, Analysis and Competitive Strategies to 2028

Smart Hospitals Market report outlines the evolution of XYZ industry by type, applications and identifies and assesses the best performing vendors in the market till 2028. Smart Hospitals Market reports present the revenue opportunities in the Smart Hospitals Industry through 2022-2028, highlighting the market size and growth by technology, geography, vertical and End users.

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Smart hospitals are intended to improve, redesign or rebuild hospitals with clinical processes, infrastructure and management systems using digitized networking infrastructure. The smart hospitals provide extensive services to attain a better healthcare infrastructure and operational efficiency. Implementations of these digital solutions help to make a hospital paperless and have complete alignment of clinical processes & management systems.

Segments:

- Based on component, the global smart hospitals market is segmented into software, hardware, services.
- Based on technology, the market is bifurcated into cloud computing, artificial intelligence, wearable technologies, radio frequencies identification, others.
- Based on application, the market is bifurcated into remote medicine management, medical connected imaging, medical assistance, electronic health record and clinical workflow, outpatient vigilance.
- Based on connectivity, the market is bifurcated into wired, wireless.

Industry Dynamics:

Drivers:

- Increasing demand for machine learning, artificial intelligence and cloud computing services
- Product innovation and development in emerging nations
- Growing government spending on healthcare infrastructure

Restraints:

- High Cost of Connected Systems
- Lack of Competence in Deploying IoT Solutions in Hospitals

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Covid-19 Impacts:

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In order to deal with the COVID-19 pandemic, market players are launching numerous medicare management services and patient engagement technologies to provide best healthcare services and limit the spread of coronavirus. The outbreak of the COVID19 pandemic will result in higher demand for smart hospitals. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Key Players:

1. Stanley Healthcare
2. Qualcomm Technologies, Inc.
3. Koninklijke Philips N.V.
4. Allscripts Healthcare, LLC
5. McKesson Corporation
6. Cerner Corporation
7. Honeywell International Inc.
8. GE Healthcare
9. SAP SE
10. Cognizant

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