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.
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Study on Smart Hospital Market highlights key players such as 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).
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.
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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.
Key Points From Table Of Content:
7 Smart Hospital Market, By Service Rendered
7.4 Super Specialty
8 Smart Hospital Market, By Application
8.2 Remote Medicine Management
8.3 Electronic Health Record & Clinical Workflow
8.4 Outpatient Vigilance
8.5 Medical Connected Imaging
8.6 Medical Assistance
9 Smart Hospital Market, By Connectivity
9.3.5 Near Field Communication (NFC)
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10 Artificial Intelligenece in Smart Hospital Market
10.2.2.1 AI Platform
10.2.3.1 Deployment and Integration
10.2.3.2 Support and Maintenance
10.3.1 Natural Language Processing (NLP)
10.3.2 Context Aware Processing
10.3.3 Deep Learning
10.3.4 Querying Method
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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