Global Smart Hospital Market Dynamics, Forecast, Analysis and Supply Demand 2019Posted by Nikita Manwar on October 1st, 2019 GMI Research has published a new study titled “Global Smart Hospital Market, By Application Type (Remote Medicine Management, Electronic Health Record & Clinical Workflow, Outpatient Vigilance, Medical Connected Imaging, Medical Assistance), By Connectivity (Wired and Wireless), By Component (Hardware and Software & Services) and Geography – Opportunities & Forecast, 2019-2026”, which orates the future prospects set to strike the Smart Hospital Market during the forecast period. Smart Hospital is a hospital that depends on automated and optimised process based on an ICT environment of interconnected devices and assets, explicitly based on Internet of things (IoT), to enhance existing patient care solution and launch new capabilities. The global Smart Hospital market was valued at USD 22.2 billion in 2018, and is projected to reach USD 83.1 billion by 2026, growing at a CAGR of 18.0% during 2019-2026. The major key factors contributing to the market growth includes cloud-based computing services and data storage, RFID (Radio Frequency Identification), Machine Learning, Artificial intelligence penetration in healthcare and others. Moreover, Governments ’programs and initiatives for the introduction and implementation of IT solutions and services in today’s healthcare system, increased government spending on hospitals and healthcare system, growing awareness in the patients regarding technology and increased number of skilled IT experts are major factors favouring the adoption of healthcare IT solutions in the emerging markets across the globe. Based on Application type, Outpatient Vigilance is anticipated to lead the market during 2019-2026 Based on Connectivity, Wireless connectivity segment is anticipated to lead the market during 2019-2026 Based on component type, software and services segment dominates the market, and is projected to grow at a significant rate during 2019-2026 The companies are focusing on advanced healthcare services and carrying out innovation in hardware launches to maintain their leadership in global Smart Hospital market. North America held the largest market share in global Smart Hospital market in 2018 owing to the well-established and aware healthcare services and infrastructure and rise in adoption of artificial intelligence software and devices in across various hospitals settings. Rest of the World is predicted grow at a moderate rate in the next few years. Various notable players operating in global Smart Hospital market include Siemens AG, Microsoft Corporation, SAP SE, SAMSUNG Group, Qualcomm Life, Inc, Stanley Healthcare, Intel Corporation, Medtronic, Philips N.V, Cerner Corporation among others. The Global Smart Hospital Market has been segmented on the basis of application, connectivity, component type and key geographies. Based on application type, the market comprises of Remote Medicine Management, Electronic Health Record & Clinical Workflow, Outpatient Vigilance, Medical Connected Imaging, Medical Assistance. The Connectivity includes Wired and Wireless. The component type includes Hardware and Software & Services. Key questions answered in this research report: This report is segmented based on application types, connectivity type, component and region. By Connectivity type By Component type By Geography • Europe • Asia-Pacific • ROW Rest of world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth. Media Contact Like it? Share it!More by this author |