The latest report published by Report Ocean, titled “Smart Hospitals Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023 to 2031,” offers a comprehensive assessment of the industry, including valuable insights into market trends. The report encompasses competitor and regional analysis, as well as the latest developments in the market. It serves as an excellent resource for investors, researchers, consultants, marketing strategists, and anyone planning to enter the market in any capacity.
Smart Hospitals Market is valued approximately at USD $$billion in 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2029. Smart Hospitals are equipped with various software and advanced devices. These smart devices and software reduce workload and minimize the cost associated with all procedures in the hospitals. These hospitals are dependent on IoT devices and artificial intelligence. The Smart Hospitals market is expanding on the back of the rising penetration of connected devices in hospitals and the growing requirement for cost-effective solutions in hospitals.
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According to Statista in 2022, the number connected devices (IoT)is projected to almost triple from 9.7 billion in 2020 to more than around 29 billion IoT devices in 2030. China is projected to have the highest number of IoT devices by 2030 i.e., around 5 billion. Whereas, rising investment across the healthcare sector and technological advancement across healthcare infrastructure creates lucrative opportunities for the market growth. However, higher cost of connected devices hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Smart Hospitals Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the market with highest revenue share, owing to the rising prevalence of chronic diseases, rising aging population, need for smart healthcare inventory, etc. Whereas, Europe is expected to growduring the forecast period, owing to factors such as increasing adoption of smart infrastructure, technological development, and rising penetration of market players in the forecast period
Major market players included in this report are:
GE Healthcare (General Electric Company)
Koninklijke Philips N.V.
Medtronic Plc
Cerner Corporation
Honeywell International, Inc.
STANLEY Healthcare
Capsule Technologies, Inc.
McKesson Corporation
Microsoft Corporation
SAP SE
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Recent Developments in the Market:
In May 2018 -Berkshire Hathaway, Amazon and JP Morgan Chase & Co announced their collaborative partnership to address healthcare for Citizens and U.S employees. It will improve employee satisfaction and minimizes the cost.
In Sep 2018-EIR healthcare designed the first application of modular and prefabrication technology for hospital rooms. It will ensure faster delivery, minimize budgets and build times
Global Smart Hospitals Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Services Rendered, Application, Connectivity, Artificial Intelligence, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Component:
Hardware
Systems & Software
Services
By Services Rendered:
General
Specialty
Super Specialty
By Application:
Remote Medicine Management,
Electronic Health Record
Clinical Workflow
Outpatient Vigilance,
By Connectivity:
Wired
Wireless
By Artificial Intelligence:
Offering
Technology
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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- Identification of attainable suppliers as true as partnerships in the report.
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Following Key Questions Covered in the Report Are:
● Comprehensive Evaluation of market carries customers and associations make out systems?
● Impressive Growth factors that are promising importance and constraints in the market?
● What is the current market revenue? What is the extended revenue for 2023-2027?
● What is the driving, restraining, trends, and obstacles, which will influence the estimating and development of Market?
● SWOT analysis of each critical Market key players specified along with their association details.
● What is market growth energy or accelerating market passes the projected forecast?
● Which countries will value the most astonishing share of the complete Fill Light industry in future?
● What Application/end-client categorization or Product Comprise may see incremental advancement expectation?
● What is the size of industry of dynamic countries like (Asia-Pacific, Latin America, Europe, North America, The Middle East and Africa) and so on?
● What major driving factors and imperatives are holding the market consistently?
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