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Smart hospital market to advance 63 billion – 2023 with 24% CAGR available in new report

Medical Market Research

Smart Hospital Market Report of 2017 till 2023 has a detailed analysis of the market sector and discusses the corporate profiles in brief. It also derives industry insights and forecast for the Smart Hospital Market.

The Smart Hospital Market Report is a brief research study done on the smart hospital industry. Smart Hospital Market report discusses the new and latest trends with industry demands and analyzing the forecast in the particular field with insights.

According to the new market research report, the smart hospital market is expected to grow from USD 13.52 billion in 2016 to USD 63.49 billion by 2023, at a CAGR of 24.0% between 2017 and 2023. The modernization of healthcare infrastructure boosting the demand for smart hospitals and also the development of IoT technologies in the field of healthcare are the major driving factors behind the growth of the smart hospital market.

Furthermore, the increasing interoperability risk and the lack of governance standards are the major restraining factors for the smart hospital market.

Complete report on Smart Hospital Market spread across 166 pages, profiling 19 companies and supported with 71 tables and 50 figures is now available at…rket-report.html

The connectivity of the healthcare systems through IoT places importance on the patients’ needs. Super specialty hospitals offer efficient operations for saving lives of patients with the help of diagnostic equipment, therapeutic equipment, and skilled staff.

Also, the accuracy of devices and instruments should be very high because an error might risk a patient’s life. Thus, IoT plays acrucial role in super specialty hospitals.

The key reason behind the highest growth of the adoption of IoT in super specialty hospitals is the requirement for patients’ safety, the quality of medication, and the priority for families pertaining to medical treatments.

This report covers regions such as North America, Europe, APAC, and RoW. The market in APAC is expected to grow at the highest rate between 2017 and 2023.

Increasing healthcare investments and stringent government regulations pertaining to patient safety are anticipated to boost the growth of the smart hospital market in APAC.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key experts.

The breakup of the profiles of primary participants is given below:

By Company Type: Tier 1—25%, Tier 2—40%, and Tier 3—35%

By Designation: C Level—50%, Director Level—40%, and Others—10%

By Region: North America—35%, Europe—22%, APAC—28%, and RoW—15%

Major players in the smart hospital market are Medtronic (Ireland), Philips (Netherlands), Microsoft (US), GE Healthcare (US) and Qualcomm Life (US), Infor (US), Athenahealth (US), PhysIQ (US), Diabetizer (Germany), AdhereTech (US), Epic (US), GlucoVista (US), STANLEY Healthcare (US), Cerner Corporation (US), McKesson (US), St. Jude Medical (US), SAMSUNG (South Korea), Oracle (US), and Renesas Electronics Corporation (Japan).

Ask for a Sample copy of Smart Hospital Market by Component (Hardware, Services, and Systems & Software), Services Rendered (General, Specialty, and Super Specialty), Connectivity, Application, Artificial Intelligence, and Region - Global Forecast to 2023 at…le?rname=1197068

This report segments the smart hospital market on the basis of component into hardware, systems and software, and services. In terms of connectivity, the smart hospital market is segmented into wired and wireless.

Based on services rendered, the smart hospital market is segmented into general, specialty, and super specialty. Moreover, the smart hospital market is divided on the basis of application in to remote medicine management; electronic health record & clinical workflow; outpatient vigilance; medical data cloud; and medical assistance.

Also, based on artificial intelligence, the smart hospital market is segmented into technology and offering. The overall smart hospital market is classified on the basis of region into North America, Europe, APAC, and RoW.

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