Global Smart Hospitals Market to Witness a Healthy Growth during 2017-2024

The global smart hospitals market is expected to grow from USD 16.89 billion in 2017 to USD 71.75 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 22.95%.

“Modernization of healthcare infrastructure is one of the factors largely attributing to the growth of smart hospitals market globally”

The factors attributing to the growth of the market are a modernization of healthcare infrastructure, rising need for solutions providing enhanced consumer experience in hospitals, integration of iot in healthcare systems, and rising government investments in the healthcare sector. However, some factors such as high cost of connected systems, and lack of infrastructure limits the deployment of smart hospital solutions may hinder the market growth. The global smart hospitals market is expected to showcase the opportunities such as research and development based on technologies such as RFID, ai, zigbee technologies, cloud computing, wearable technologies, and iot, and growth potential in emerging economies. In the near future, the market may face the possible challenges in the growth due to privacy and security issues, and loosely defined governance standards. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global smart hospitals market.”Hardware: The highest growing component for the global smart hospitals market”

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On the basis of component, the global smart hospitals market is studied across Hardware, Services, and Software. Among all these component, the Hardware is projected to hold the largest market share while the Software has the potential to grow the market with the highest CAGR in the forecast period.”General: The highest growing operation for the global smart hospitals market”

On the basis of operation, the global smart hospitals market is studied across General, Specialty, and Super Specialty. Among all these operations, the General is projected to hold the largest market share while the Super Specialty has the potential to grow the market with the highest CAGR in the forecast period.”Electronic Health Record & Clinical Workflow: The highest growing application for the global smart hospitals market”

On the basis of application, the global smart hospitals market is studied across Electronic Health Record & Clinical Workflow, Medical Assistance, Medical Connected Imaging, Outpatient Vigilance, and Remote Medicine Management. Among all these applications, the Electronic Health Record & Clinical Workflow has captured the maximum market share while the Outpatient Vigilance has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global smart hospitals market”

On the basis of geography, the global smart hospitals market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geographies, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with the highest market size.

“AdhereTECH: The potential growing player for the global smart hospitals market”

The key players profiled in the global smart hospitals market are AdhereTECH, Allscripts, Cerner Corporation, Diabetizer, GE Healthcare, Honeywell Life Care Solutions, McKesson, Medtronic, Microsoft, Philips, PhysIQ, Proteus Digital Health, Qualcomm Life, SAP, and Stanley Healthcare.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global smart hospitals market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global smart hospitals market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global smart hospitals market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global smart hospitals market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global smart hospitals market.

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TABLE OF CONTENTS

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Stakeholders
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
2.1.1.1. Secondary Instrument
2.1.1.2. Primary Instrument
2.1.2. Research Approaches
2.1.2.1. Bottom-up Approach
2.1.2.2. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
4. Premium Insight
4.1. Market Connectivity
4.2. Market Data Feed
4.3. Market Vendor Ranking Analysis
4.4. Market Dynamics
4.4.1. Drivers
4.4.1.1. Modernization of healthcare infrastructure
4.4.1.2. Rising need for solutions providing enhanced consumer experience in hospitals
4.4.1.3. Integration of IoT in healthcare systems
4.4.1.4. Rising government investments in the healthcare sector
4.4.2. Restraints
4.4.2.1. High cost of connected systems
4.4.2.2. Lack of infrastructure limits the deployment of smart hospital solutions
4.4.3. Opportunities
4.4.3.1. Research and development based on technologies such as RFID, AI, zigbee technologies, cloud computing, wearable technologies, and IoT
4.4.3.2. Growth potential in emerging economies
4.4.4. Challenges
4.4.4.1. Privacy and security issues
4.4.4.2. Loosely defined governance standards
4.5. Porter’s Five Forces Analysis
4.5.1. Threat of New Entrants
4.5.2. Threat of Substitutes
4.5.3. Bargaining Power of Customers
4.5.4. Bargaining Power of Suppliers
4.5.5. Industry Rivalry
4.6. Technology Trends
4.6.1. AI & Machine Learning
4.6.2. Natural Language Processing
4.6.3. Context-Aware Processing
4.6.4. Deep Learning & Querying Method
4.6.5. Blockchain Technology

Continued…

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Ronard

Ronard Completed his Master in Communication, after completing his degree he opted full-time research as his career. Ronard Main Area of Specialization is Market Research, he also contributes to Various Online Blog

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