Smart Hospitals Market, by Component (Hardware, Software System, and Services), by Technology (Cloud Computing, Artificial Intelligence, Wearable Technologies, Radio Frequency Identification, and Others), by Application (Remote Medicine Management, Medica

Smart Hospitals Market, by Component (Hardware, Software System, and Services), by Technology (Cloud Computing, Artificial Intelligence, Wearable Technologies, Radio Frequency Identification, and Others), by Application (Remote Medicine Management, Medical Connected Imaging, Medical Assistance, Electronic Health Record, and Outpatient Vigilance), by Connectivity (Wired and Wireless), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Smart hospital maximizes productivity due to digital transformation of the healthcare industry and provides better patient satisfaction and flexibility. Smart hospitals are playing a major role during the COVID-19 pandemic situation. Technology can aid social distancing between non-infected and infected patients and has been helpful in limiting the growth and spread of the virus. Hence, several market players are collaborating with healthcare organizations to provide smart hospital solutions which is expected to drive the growth of smart hospitals market during the forecast period. For instance, in July 2021, KT Corporation collaborated with the Asan Medical Center, South Korea, and Hyundai Robotics Co., to develop contactless medical services such as real-time health care tracking using wearables and remote diagnosis.
Market Dynamics
Key players are entering long term collaborations and agreements with healthcare providers in order to provide better and advanced healthcare services and facilities. This is expected to propel the growth of the global smart hospitals market during the forecast period. For instance, in 2017, Humber River Hospital started a Hospital Command Centre with GE Healthcare to monitor and manage the flow of patients at every stage of their care and treatment. Hence, such long term partnerships are encouraging technological advancement in healthcare sector which in turn is making the hospitals smarter and driving the market growth.
Rising launch of new applications and products is the major factor driving the market growth over the forecast period. For instance, in March 2021, Navia Life Care, a healthcare company, announced the launch of Navia Smart EMR 2.0, an integrated platform that allows doctors to create digital prescriptions and provides easier conversation with patients on online platform.
Key features of the study:
This report provides an in-depth analysis of global smart hospitals market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global smart hospitals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Medtronic Plc., Koninklijke Philips N.V., GE Healthcare, Stanley Healthcare, Siemens AG, Athenahealth, Allscripts Healthcare Solutions, Inc., Microsoft Corporation, SAP SE, Samsung Healthcare, and Honeywell International Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global smart hospitals market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the Smart hospitals market
Detailed Segmentation:
Global Smart Hospitals Market, By Component:
Hardware
Software System
Services
Global Smart Hospitals Market, By Technology:
Cloud Computing
Artificial Intelligence
Wearable Technologies
Radio Frequencies Identification
Others
Global Smart Hospitals Market, By Application:
Remote Medicine Management
Medical Connected Imaging
Medical Assistance
Electronic Health Record
Outpatient Vigilance
Global Smart Hospitals Market, By Connectivity:
Wired
Wireless
Global Smart Hospitals Market, By Region:
North America
By Component:
Hardware
Software System
Services
By Technology:
Cloud Computing
Artificial Intelligence
Wearable Technologies
Radio Frequencies Identification
Others
By Application:
Remote Medicine Management
Medical Connected Imaging
Medical Assistance
Electronic Health Record
Outpatient Vigilance
By Connectivity:
Wired
Wireless
By Country:
U.S.
Canada
Latin America
By Component:
Hardware
Software System
Services
By Technology:
Cloud Computing
Artificial Intelligence
Wearable Technologies
Radio Frequencies Identification
Others
By Application:
Remote Medicine Management
Medical Connected Imaging
Medical Assistance
Electronic Health Record
Outpatient Vigilance
By Connectivity:
Wired
Wireless
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Component:
Hardware
Software System
Services
By Technology:
Cloud Computing
Artificial Intelligence
Wearable Technologies
Radio Frequencies Identification
Others
By Application:
Remote Medicine Management
Medical Connected Imaging
Medical Assistance
Electronic Health Record
Outpatient Vigilance
By Connectivity:
Wired
Wireless
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
Asia Pacific
By Component:
Hardware
Software System
Services
By Technology:
Cloud Computing
Artificial Intelligence
Wearable Technologies
Radio Frequencies Identification
Others
By Application:
Remote Medicine Management
Medical Connected Imaging
Medical Assistance
Electronic Health Record
Outpatient Vigilance
By Connectivity:
Wired
Wireless
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
Middle East
By Component:
Hardware
Software System
Services
By Technology:
Cloud Computing
Artificial Intelligence
Wearable Technologies
Radio Frequencies Identification
Others
By Application:
Remote Medicine Management
Medical Connected Imaging
Medical Assistance
Electronic Health Record
Outpatient Vigilance
By Connectivity:
Wired
Wireless
By Country:
GCC
Israel
Rest of Middle East
Africa
By Component:
Hardware
Software System
Services
By Technology:
Cloud Computing
Artificial Intelligence
Wearable Technologies
Radio Frequencies Identification
Others
By Application:
Remote Medicine Management
Medical Connected Imaging
Medical Assistance
Electronic Health Record
Outpatient Vigilance
By Connectivity:
Wired
Wireless
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Medtronic Plc. *
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Koninklijke Philips N.V.
GE Healthcare
Stanley Healthcare
Siemens AG
Athenahealth
Allscripts Healthcare Solutions, Inc.
Microsoft Corporation
SAP SE
Samsung Healthcare
Honeywell International Inc.
“*” marked represents similar segmentation in other categories in the respective section.