Press release
Smart Hospitals Market to Reach USD 189.7 Billion by 2030
Smart Hospitals Market
Introduction
The Smart Hospitals Market is accelerating worldwide as healthcare institutions adopt fully digital, connected, automated, and intelligent infrastructure to improve clinical outcomes, enhance operational efficiency, reduce human error, and deliver precision care.
Smart hospital technologies integrate:
• AI-driven patient monitoring systems
• IoT-enabled medical devices (IoMT)
• Electronic health records (EHR) & interoperability platforms
• Robotic surgery & robotic pharmacy automation
• RTLS (Real-Time Location Systems)
• Smart beds & virtual ICUs
• Cloud-based medical imaging & digital command centers
• 5G-enabled care delivery
Healthcare systems in the U.S., Europe, Middle East, China, India, and Southeast Asia are investing heavily in modernizing infrastructure to meet rising patient expectations and chronic disease burdens.
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Key Takeaways
• Market Size (2023): USD 62.3 Billion
• Expected Market Size (2030): USD 189.7 Billion
• CAGR (2024-2030): 17.0%
• Smart medical devices account for 47% of total revenue.
• Major players include Siemens Healthineers, GE HealthCare, Philips, Medtronic, Cisco, IBM, Oracle Cerner, Microsoft, Honeywell, Schneider Electric, Qualcomm, and Samsung.
• Strong adoption in ICUs, operating rooms, emergency departments, chronic-disease centers, and next-gen tele-ICU platforms.
Market Story
Smart hospitals are becoming the backbone of modern healthcare ecosystems due to the convergence of AI, IoT, automation, cloud computing, and high-speed digital connectivity.
1. IoT-Driven Medical Devices Transform Patient Care
Smart hospitals deploy IoMT (Internet of Medical Things) enabling:
• Remote patient monitoring
• Connected infusion pumps
• Smart ventilators & cardiac monitors
• Automated vitals capture
• Predictive patient deterioration alerts
IoMT reduces manual documentation errors by up to 55%.
2. AI & Big Data Power Clinical Decision-Making
AI is used for:
• Early warning scoring (EWS)
• Predictive analytics for ICU & ER
• Real-time sepsis detection
• Automated radiology & pathology interpretation
• Smart hospital dashboards & digital command centers
AI adoption in hospital care is growing at >20% CAGR.
3. Robotic Surgery & Automation Expand Rapidly
Hospitals are adopting:
• Robotic-assisted surgery (RAS)
• Pharmacy-automation robots
• Robotic sterilization systems
• Autonomous guided vehicles (AGVs) for logistics
• Robotic bedside assistants
Robotics reduces surgery complications & improves precision.
4. Smart Infrastructure Enhances Operational Efficiency
Smart facility management integrates:
• Energy-efficient HVAC & lighting
• Smart security systems
• RFID-enabled asset tracking
• Smart beds with fall-detection sensors
• Automated patient flow management
Digital command centers improve hospital workflow efficiency by 25-35%.
5. Virtual ICUs & Telemedicine Expand Across Regions
Smart hospitals deploy:
• Tele-ICU hubs
• Remote specialist consultation
• Real-time cross-hospital data exchange
• Smart ambulances connected to EHR systems
Tele-ICU capability reduces mortality rates in critical care.
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Market Segments
By Component
• Smart Devices & IoMT Systems
• Software (AI, EHR, analytics platforms)
• Smart Infrastructure (automation, building systems)
• Services (integration, maintenance, cloud services)
By Application
• Remote Monitoring & Tele-ICU
• Electronic Health Record (EHR) Management
• Smart Diagnostics & Imaging
• Inpatient Care Automation
• Outpatient Smart Clinics
• Smart Pharmacies & Medication Management
By Technology
• AI & Machine Learning
• IoT & Medical Sensors
• Blockchain for Healthcare Data
• Robotics & Automation
• Cloud & Edge Computing
• 5G Connectivity
By End User
• Hospitals & Healthcare Systems
• Speciality Clinics
• Diagnostic Centers
• Ambulatory Surgery Centers (ASCs)
By Region
• North America - highest adoption
• Europe - strong regulatory push & modernization
• Asia-Pacific - highest CAGR
• Middle East - major hub for smart mega-hospitals
• Latin America & Africa - emerging adoption
Recent Developments
• Philips launched AI-enabled virtual ICU and smart imaging workflows.
• Siemens Healthineers expanded digital hospital platforms and smart radiology suites.
• GE HealthCare introduced wireless, cloud-linked monitoring devices.
• Cisco & IBM rolled out smart hospital cybersecurity and network automation systems.
• Medtronic deployed smart cardiac monitoring & connected surgical platforms.
• Oracle Cerner advanced EHR interoperability with AI decision support.
• Honeywell upgraded healthcare automation solutions for building energy management.
Expert Quote
"Smart hospitals represent the future of healthcare-where AI, IoT, automation, and digital platforms come together to deliver safer, faster, and more efficient care. The next decade will see hospitals evolve into fully connected, data-driven care ecosystems."
- Irfan Tamboli, Business Development Executive, Exactitude Consultancy
Market Drivers
• Rising adoption of digital health & AI
• Increasing chronic disease burden
• Demand for real-time monitoring and predictive care
• Growth in tele-ICU and telemedicine services
• Government investment in healthcare modernization
• Integration of robots and IoT into care delivery
• High need for interoperability & advanced EHR systems
Forecast Outlook
The Smart Hospitals Market will surpass USD 189.7 billion by 2030, driven by:
• Expansion of smart ICUs & ORs
• Increased adoption of hospital automation & robotics
• 5G-enabled real-time diagnostics
• Accelerated digital transformation programs
• AI-integrated decision support systems
Regional Highlights
• U.S. leads with large-scale smart hospital deployments and digital ICUs.
• Middle East (UAE, KSA) emerging as global leaders in futuristic smart mega-hospitals.
• China & India investing aggressively in smart healthcare infrastructure.
• Europe focusing on patient safety, interoperability, and energy-efficient hospitals.
Government & Regulatory Initiatives
• National digital health missions (USA, India, UAE, UK)
• Public funding for hospital automation programs
• Reimbursement expansion for telehealth services
• Integration of IoT & smart devices into hospital safety guidelines
• Policy frameworks promoting cybersecurity in healthcare
Conclusion
Smart hospitals are transforming healthcare delivery through intelligent systems, automation, and real-time connectivity. As technology maturity grows, smart hospitals will define the global benchmark for patient safety, operational excellence, and clinical outcomes.
This report is also available in the following languages : Japanese (スマート病院市場), Korean (스마트 병원 시장), Chinese (智慧医院市场), French (Marché des hôpitaux intelligents), German (Markt für intelligente Krankenhäuser), and Italian (Mercato degli ospedali intelligenti), etc.
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Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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