Smart Hospitals Market to Reach US$ 230.94 Billion by 2033 at 16.5% CAGR; North America Leads with 41% Share - Key Players: eVideon, Artisight, Uniguest

The global smart hospitals market reached US$ 58.82 billion in 2024 and is projected to reach US$ 230.94 billion by 2033, growing at a CAGR of 16.5 percent during the forecast period 2025-2033. The industry is undergoing a major transformation as hospitals move beyond traditional clinical delivery models toward holistic, patient-centered care. This evolution is driven by the need to enhance patient trust, improve engagement, and offer personalized interactions. Smart hospitals are integrating advanced digital technologies-including IoT-enabled devices, automation systems, and connected infrastructures-to create seamless, responsive, and data-driven environments.

Personalized patient experiences are becoming a core differentiator, contributing directly to improved clinical outcomes. Intelligent platforms allow hospitals to tailor care pathways, optimize treatment adherence, and proactively monitor patient needs. Facilities adopting these digital systems consistently report higher satisfaction scores, reductions in readmission rates, and stronger operational efficiency. As healthcare providers continue to prioritize digital transformation, the smart hospitals market is positioned for sustained and accelerated growth in the years ahead.

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The smart hospitals market refers to the industry focused on integrating advanced technologies, such as IoT, AI, robotics, and automation-to enhance hospital operations, improve patient care, and streamline clinical workflows.

Key Developments
✅ October 2025: U.S. hospital networks deployed advanced AI-driven clinical decision support systems to improve real-time diagnostics and medication safety in smart hospital ecosystems.

✅ September 2025: European healthcare providers expanded 5G-enabled smart infrastructure upgrades, enhancing interoperability between IoT medical devices and centralized command centers.

✅ August 2025: Asia-Pacific hospitals integrated autonomous mobile robots (AMRs) for medication delivery, diagnostics transport, and surgical assistance to boost operational efficiency.

✅ July 2025: Global health-tech companies launched next-generation remote patient monitoring platforms with predictive analytics for chronic disease management.

✅ May 2025: Middle Eastern countries initiated nationwide smart hospital digital-transformation programs focusing on AI triage systems, tele-ICUs, and digital command centers.

✅ March 2025: Latin American hospitals adopted blockchain-based systems for secure patient data exchange and interoperable digital health records.

Mergers & Acquisitions
✅ November 2025: A U.S. healthcare IT giant acquired a European AI-health analytics startup to enhance smart hospital predictive intelligence capabilities.

✅ August 2025: A major global medical device manufacturer partnered with an IoT software firm to co-develop integrated device-to-cloud connectivity solutions for smart hospitals.

✅ June 2025: An Asia-Pacific digital health company acquired a robotics automation firm to strengthen its smart hospital automation and workflow-optimization portfolio.

Key Players
eVideon | Artisight | Uniguest | Oneview Healthcare | Diligent Robotics | Andor Health | Others

Key Highlights
eVideon - Holds a 21.3% share, driven by its smart patient engagement platforms, advanced digital room systems, and strong adoption across modernized hospital infrastructure.

Artisight - Holds an 18.7% share, powered by its AI-enabled smart hospital platform, real-time location systems (RTLS), and automation solutions enhancing clinical workflows.

Uniguest - Holds a 14.2% share, supported by its secure digital engagement technologies, advanced content management systems, and strong integration capabilities for hospital environments.

Oneview Healthcare - Holds a 16.5% share, driven by its patient experience solutions, virtual care platforms, and scalable smart hospital ecosystem deployed across global healthcare networks.

Diligent Robotics - Holds a 12.1% share, fueled by its hospital service robots, workflow automation capabilities, and rising adoption in nursing support and logistics automation.

Andor Health - Holds a 10.4% share, supported by its AI-driven virtual collaboration platform, enhanced clinical communication tools, and strong presence in cloud-based hospital solutions.

Others - Hold a 6.8% share, comprising emerging innovators and regional players contributing to digital transformation, automation, and AI-driven smart hospital capabilities.

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Market Drivers

- Increasing adoption of digital health technologies such as AI, IoT, robotics, and cloud platforms to enhance clinical efficiency.

- Rising demand for remote patient monitoring, telemedicine, and automated workflows to reduce operational burden.

- Growing need for integrated healthcare systems to improve patient outcomes and reduce medical errors.

- Expansion of connected medical devices enabling real-time data tracking and predictive analytics.

- Rising healthcare expenditure and government initiatives supporting digital transformation in hospitals.

- Increasing focus on operational automation, including smart ICUs, automated pharmacies, and AI-driven diagnostics.

- Growing adoption of electronic health records (EHR) and interoperability platforms for seamless data exchange.

Industry Developments

- Launch of AI-powered clinical decision support tools enhancing diagnosis and treatment accuracy.

- Strategic collaborations between technology companies and healthcare providers to build fully digital hospital ecosystems.

- Development of 5G-enabled healthcare solutions supporting real-time imaging, tele-surgeries, and high-speed data transfer.

- Expansion of robotics applications, including surgical robots, nursing robots, and logistics automation.

- Introduction of IoT-enabled smart beds and connected monitoring devices improving patient management.

- Rising investment in cybersecurity solutions to protect hospital networks and patient data.

Regional Insights

North America - 41% share: "Driven by advanced healthcare infrastructure, high adoption of digital health technologies, and strong investments in smart hospital systems."

Europe - 30% share: "Supported by government-driven digital health initiatives, advanced hospital networks, and rapid adoption of automation."

Asia Pacific - 23% share: "Fueled by rapid urbanization, rising healthcare modernization efforts, and increased investment in smart medical technologies."

Latin America - 4% share: "Boosted by growing digitalization of healthcare services and increasing adoption of telehealth platforms."

Middle East & Africa - 2% share: "Driven by emerging smart city healthcare projects and strong government investment in modern hospital infrastructure."

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Key Segments
➥ By Component
Software: Platforms enabling data analytics, remote monitoring, automation, and system integration for enhanced clinical and operational efficiency.

Hardware: Medical devices, sensors, wearables, and communication systems supporting real-time data capture and transmission.

Services: Implementation, maintenance, consulting, training, and managed services ensuring seamless system performance.

➥ By Technology
Artificial Intelligence (AI): Enables predictive analytics, clinical decision support, automated diagnostics, and personalized care delivery.

Internet of Things (IoT): Connected devices enabling continuous monitoring, remote care, and real-time data exchange.

Cloud Computing: Provides scalable data storage, remote access, and interoperability across healthcare ecosystems.

Big Data: Facilitates advanced analytics, population health management, and insights-driven decision-making.

➥ By Connectivity
Wired: Reliable, high-speed communication infrastructure for mission-critical healthcare applications.

Wireless: Flexible and scalable connectivity supporting mobility, remote access, and multi-device integration.

➥ By End User
Hospitals: Utilized for diagnostics, patient monitoring, workflow automation, and integrated clinical operations.

Home-care / Remote Settings: Supports telehealth, chronic disease management, and continuous patient monitoring outside clinical environments.

Others: Includes diagnostic centers, ambulatory care providers, research institutions, and specialized clinics.

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