Market Scenario:

The companies such as Siemens AG (Germany), Qualcomm Life Inc. (US), Athenahealth Inc. (U.S), SAP SE (Germany), Microsoft Corporation (U.S), are the leading providers of smart hospital solution in the market. In 2016, STANLEY Healthcare joins with Healthcare Information and Management Systems Society transforming Smart hospital to real time location systems based visibility and analytics solutions. With this visual analytics, it provides real-time data on the location, status of patients, staff and mobile equipment, and others.

The Smart Hospital Market is next technological revolution in healthcare industry which requires to manage a large amounts of available data. The factors that drives the market growth are machine learning, artificial intelligence, cloud computing services, RFID and others.  The radio-frequency identification allows to provide real-time information that supports in decision making and create a secure and reliable smart hospital management information system. The real time patient management system helps inautomating and streamlining patient identification processes.

The global smart hospital market are bifurcated on the basis of component, technology, connectivity and region. The components are segmented into hardware, software, service, and others. The technology are segmented into artificial intelligence, cloud computing, radio frequencies identification, wearable technologies, zigbee technologies, internet of things and others. The connectivity are segmented wired, wireless and others. The applications are segmented outpatient vigilance, remote medicine management, medical assistance, medical connected imaging, electronic health record & clinical workflow and others. The region includes North America, Europe, Asia Pacific and rest of the world.

The regional analysis of smart hospital market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in smart hospital market as the smart hospital room, are integrated with sensors that measure heart rate, temperature, light, humidity and others. The smart hospital market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for smart hospital market and expected to be the highest CAGR in the coming years as the companies are taking interest in targeting the smart hospital in these market to meet the requirement of customers’ need.          

The global smart hospital market is expected to grow at USD ~62 Billion by 2023, at ~25% of CAGR between 2017 and 2023.

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Key Players:

Siemens AG (Germany),
Qualcomm Life Inc. (US),
Athenahealth Inc. (U.S),
SAP SE (Germany),
Microsoft Corporation (U.S),
Cerner Corporation (U.S),
Stanley Healthcare (US),
Oracle Corporation (US),
SAMSUNG Group (South Korea),
Philips N.V (Netherlands),
GE Healthcare (US),
 
Segments:
The global smart hospital market has been segmented on the basis of component, technology, connectivity, applications and region.

Global Smart hospital Market by Component:

Hardware
Sensor

Others

Software
Services

Global Smart hospital Market by Technology:

Artificial Intelligence
Cloud Computing
RFID
Wearable Technologies
ZigBee technologies
IoT
Others

Global Smart hospital Market by Connectivity:

Wired
Wireless
Others

Global Smart hospital Market by Applications:

Outpatient Vigilance
Remote Medicine Management
Medical Assistance
Medical Connected Imaging
Electronic Health Record & Clinical Workflow
Others 
Global Smart hospital Market by Regions:

North America
Europe
APAC
Rest Of The World

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Intended Audience

Professional service providers
Research and development companies
Market research and consulting firms
Solution providers
Technology standards organizations
Technology investors
System Integrators

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