Global Smart Hospital Market 2025-2029

Smart Hospital Market 2025-2029

The smart hospital market is forecasted to grow by USD 68905 mn during 2024-2029, accelerating at a CAGR of 18.3% during the forecast period. The report on the smart hospital market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by pervasive integration of artificial intelligence and the internet of things in healthcare operations, escalating demand for remote patient monitoring and telehealth solutions, and intensified government focus and funding for healthcare digitalization.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's smart hospital market is segmented as below:

By Component

• Hardware
• Software
• Services

By Application

• EHR
• Remote patient monitoring
• Pharmacy automation
• Medical asset tracking
• Others

By End-user

• Hospitals and clinics
• Outpatient and ambulatory centers
• Research and diagnostics facilities
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the proliferation of generative ai and ambient clinical intelligence as one of the prime reasons driving the smart hospital market growth during the next few years. Also, maturation of the hospital at home care delivery model and rise of hyper-automation and robotics in hospital operations will lead to sizable demand in the market.

The report on the smart hospital market covers the following areas:

• Smart Hospital Market sizing
• Smart Hospital Market forecast
• Smart Hospital Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart hospital market vendors that include Boston Scientific Corp., CompuGroup Medical SE and Co. KGaA, Epic Systems Corp., GE Healthcare Technologies Inc., Hill Rom Holdings Inc., Honeywell International Inc., Koninklijke Philips NV, McKesson Corp., Medtronic Plc, Microsoft Corp., Omnicell Inc., Oracle Corp., SAP SE, Schneider Electric SE, Securitas Healthcare LLC, Siemens Healthineers AG, TeleTracking Technologies Inc., ThoughtWire, Veradigm LLC, and Vizzia Technologies. Also, the smart hospital market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more