Smart Hospital Market Segmentation
Smart Hospital Type Outlook (USD Billion, 2019-2032)
General Services
Specialty
Super-Specialty
Smart Hospital Application Outlook (USD Billion, 2019-2032)
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Smart Hospital Regional Outlook (USD Billion, 2019-2032)
North AmericaOutlook (USD Billion, 2019-2032)
North America Smart Hospital by Type
General Services
Specialty
Super-Specialty
North America Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
USOutlook (USD Billion, 2019-2032)
US Smart Hospital by Type
General Services
Specialty
Super-Specialty
US Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
CANADA Outlook (USD Billion, 2019-2032)
CANADA Smart Hospital by Type
General Services
Specialty
Super-Specialty
CANADA Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Europe Outlook (USD Billion, 2019-2032)
Europe Smart Hospital by Type
General Services
Specialty
Super-Specialty
Europe Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Germany Outlook (USD Billion, 2019-2032)
Germany Smart Hospital by Type
General Services
Specialty
Super-Specialty
Germany Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
France Outlook (USD Billion, 2019-2032)
France Smart Hospital by Type
General Services
Specialty
Super-Specialty
France Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
UK Outlook (USD Billion, 2019-2032)
UK Smart Hospital by Type
General Services
Specialty
Super-Specialty
UK Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
ITALY Outlook (USD Billion, 2019-2032)
ITALY Smart Hospital by Type
General Services
Specialty
Super-Specialty
ITALY Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
SPAIN Outlook (USD Billion, 2019-2032)
Spain Smart Hospital by Type
General Services
Specialty
Super-Specialty
Spain Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Rest Of EuropeOutlook (USD Billion, 2019-2032)
Rest Of Europe Smart Hospital by Type
General Services
Specialty
Super-Specialty
REST OF EUROPE Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Asia-PacificOutlook (USD Billion, 2019-2032)
Asia-Pacific Smart Hospital by Type
General Services
Specialty
Super-Specialty
Asia-Pacific Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
China Outlook (USD Billion, 2019-2032)
China Smart Hospital by Type
General Services
Specialty
Super-Specialty
China Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Japan Outlook (USD Billion, 2019-2032)
Japan Smart Hospital by Type
General Services
Specialty
Super-Specialty
Japan Smart Hospital by Application
Remote medicine management
Outpatient vigilance Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
India Outlook (USD Billion, 2019-2032)
India Smart Hospital by Type
General Services
Specialty
Super-Specialty
India Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Australia Outlook (USD Billion, 2019-2032)
Australia Smart Hospital by Type
General Services
Specialty
Super-Specialty
Australia Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Rest of Asia-PacificOutlook (USD Billion, 2019-2032)
Rest of Asia-Pacific Smart Hospital by Type
General Services
Specialty
Super-Specialty
Rest of Asia-Pacific Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Rest of the World Outlook (USD Billion, 2019-2032)
Rest of the World Smart Hospital by Type
General Services
Specialty
Super-Specialty
Rest of the World Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Middle East Outlook (USD Billion, 2019-2032)
Middle East Smart Hospital by Type
General Services
Specialty
Super-Specialty
Middle East Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Africa Outlook (USD Billion, 2019-2032)
Africa Smart Hospital by Type
General Services
Specialty
Super-Specialty
Africa Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Latin AmericaOutlook (USD Billion, 2019-2032)
Latin America Smart Hospital by Type
General Services
Specialty
Super-Specialty
Latin America Smart Hospital by Application
Remote medicine management
Outpatient vigilance
Medical assistance
Medical connected imaging
Electronic health record
Clinic workflow
Research Methodology on Smart Hospital Market
Introduction
Smart Hospital Market is becoming more and more significant in the healthcare industry due to its various advantages such as improved patient care, cost savings, and improved patient outcomes. It is a type of hospital management system which consists of a convergence of various technological developments and existing hospital systems that can further result in the monitoring and streamlining of the entire hospital or healthcare system. Smart hospitals are capable of integrating varying healthcare aspects and dealing with technical operations, patient care management, automated drug delivery systems, security systems, information management systems, data analysis and many more.
The smart hospital market is driven by various factors such as increasing demand for automated solutions in hospitals, the widespread acceptance of healthcare technology and the emergence of the healthcare internet of things (HIoT) and big data & analytics. However, the lack of standard policies for deploying innovations in healthcare institutions and the high costs associated with the installation of new solutions may restrain market growth.
Research Objectives
The fundamental objectives of this research are:
Research Methodology
This research is based on an in-depth market study of the Smart Hospital Market, which consists of various methodologies such as primary and secondary research. Primary and secondary research was used to identify the qualitative and quantitative information, understand the key trends, and major segments and identify the unmet needs in the Smart Hospital Market. Primary research data was collected from interviews conducted with experts in the Smart Hospital Market. These experts serve as external consultants for various industry manufacturers and domain experts. Secondary research was conducted through various sources such as company websites, industry databases, and paid databases. The ER&D (Expert Referrals and Database) was used to identify and collect information useful for this comprehensive market-oriented study on the Smart Hospital Market.
Primary Research
Primary research is conducted to enhance the quality and validity of the collected secondary data. Primary research helps report authors gain an in-depth knowledge of the market and an understanding of the patients and end-users. Primary research transformed data into efficient and insightful market intelligence. A bottom-up approach was used to estimate the market share of each segment and subsequently, the global smart hospital market. Primary surveys were conducted in order to understand the trends and developments in the market. Primary contacts included C-level executives, and industry experts and based on the contacts provided by our industry experts.
Secondary Research
Secondary research was conducted to understand the market attractiveness and identify the key players in the Smart Hospital Market. Secondary sources such as white papers, company annual reports, statistical databases, paid databases, journals and magazines were used for this research. The authors of this report conducted extensive secondary research to understand the market insights and trends, in the global Smart Hospital Market.
Data Analysis
These primary and secondary data were compiled and their relevance was observed. Data normalization and outlier analysis were included to gain insight into the market. Systematic data collection, validation and many other key data points were included in the analysis. The authors analyzed the data using a multitude of tools and techniques. Statistical analysis including mean and median adoption rates and population Indexes have been used to determine the market size. Market estimates were calculated using top-down and bottom-up approaches. Detailed market research by analyzing the data from various sources was conducted in order to identify the market trends.
Conclusion
The analysis revealed that the smart hospital market is growing at a significant rate due to the increasing demand for integrated and automated solutions in hospitals, the widespread acceptance of healthcare technology and the emergence of healthcare internet of things (HIoT) and big data & analytics. The growth of smart hospitals has enabled faster and more efficient patient care, cost savings, and improved patient outcomes. Various factors such as the increasing use of healthcare technology, rising adoption of the healthcare internet of things and big data & analytics, and increasing investment in healthcare IT solutions are driving the growth of the market. Additionally, the emergence of new technologies such as AI and machine learning, the ever-growing data, and the shift to value-based care are the major factors necessary which are expected to boost the growth of the market from 2023 to 2030.
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope of the Study 15
2.3 List of Assumptions 15
2.4 Market Structure 16
3 Market Insights
4 Research Methodology
4.1 Research Process 21
4.2 Forecast Model 25
5 Market Dynamics
5.1 Introduction 27
5.2 Drivers 27
5.2.1 Increasing demand for cost-efficient solutions 27
5.2.2 Integration of IoT with medical devices 27
5.2.3 Drivers Impact Analysis 28
5.3 Restraint 28
5.3.1 Lack of Competence in Deploying IoT Solutions in Hospitals 28
5.4 Market Trend 28
5.4.1 Blockchain Technology 28
6 Market Factor Analysis
6.1 Value Chain Analysis 30
6.2 Porter’s Five Forces Model 30
6.2.1 Threat of New Entrants 31
6.2.2 Bargaining Power of Suppliers 31
6.2.3 Bargaining Power of Buyers 31
6.2.4 Threat of Substitutes 31
6.2.5 Intensity of Rivalry 31
7 Global Smart Hospital Market, By Type
7.1 Overview 33
7.1.1 General services 33
7.1.2 Specialty 33
7.1.3 Super-Specialty 33
8 Global Smart Hospital Market, By Application
8.1 Overview 36
8.1.1 Electronic Health Record and Clinic Workflow 36
8.1.2 Remote Medicine Management 36
8.1.3 Medical Connected Imaging 36
8.1.4 Outpatient Vigilance 37
8.1.5 Medical Assistance 37
9 Global Smart Hospital Market, By Region
9.1 Overview 40
9.2 North America 42
9.2.1 US 45
9.2.2 Canada 46
9.2.3 Mexico 48
9.3 Europe 49
9.3.1 Germany 53
9.3.2 UK 54
9.3.3 France 56
9.3.4 Rest of Europe 57
9.4 Asia-Pacific 59
9.4.1 China 63
9.4.2 Japan 64
9.4.3 India 65
9.4.4 Rest of Asia-Pacific 67
9.4.5 South-East Asia 68
9.5 Rest of the World 70
9.5.1 Middle East & Africa 73
9.5.2 Latin America 74
10 Competitive Landscape
10.1 Competitive Landscape 77
11 Company Profiles
11.1 McKesson Corporation 79
11.1.1 Company Overview 79
11.1.2 Financial Overview 79
11.1.3 Products/Services/Solutions Offered 80
11.1.4 Key Developments 80
11.1.5 SWOT Analysis 80
11.1.6 Key Strategy 80
11.2 GE Healthcare 81
11.2.1 Company Overview 81
11.2.2 Financial Overview 81
11.2.3 Products/Services/Solutions Offered 82
11.2.4 SWOT Analysis 82
11.2.5 Key Developments 82
11.2.6 Key Strategy 83
11.3 Honeywell Life Care Solutions 84
11.3.1 Company Overview 84
11.3.2 Financial Overview 84
11.3.3 Products/Services/Solutions Offered 85
11.3.4 Key Developments 85
11.3.5 SWOT Analysis 85
11.3.6 Key Strategy 86
11.4 Siemens Healthineers 87
11.4.1 Company Overview 87
11.4.2 Financial Overview 87
11.4.3 Products Offerings 88
11.4.4 Key Developments 88
11.4.5 SWOT Analysis 88
11.4.6 Key Strategy 88
11.5 Koninklijke Philips N.V. 89
11.5.1 Company Overview 89
11.5.2 Financial Overview 89
11.5.3 Products/Services/Solutions Offered 90
11.5.4 Key Developments 90
11.5.5 SWOT Analysis 90
11.5.6 Key Strategy 90
11.6 Cerner Corporation 91
11.6.1 Company Overview 91
11.6.2 Financial Overview 91
11.6.3 Products/Services/Solutions Offered 92
11.6.4 Key Developments 92
11.6.5 SWOT Analysis 92
11.6.6 Key Strategy 92
11.7 Medtronic PLC. 93
11.7.1 Company Overview 93
11.7.2 Financial Overview 93
11.7.3 Products/Services/Solutions Offered 94
11.7.4 Key Developments 94
11.7.5 SWOT Analysis 94
11.7.6 Key Strategy 95
11.8 Qualcomm Life 96
11.8.1 Company Overview 96
11.8.2 Financial Overview 96
11.8.3 Product/Technology Offerings 97
11.8.4 Key Developments 97
11.8.5 SWOT Analysis 97
11.8.6 Key Strategy 98
11.9 Allengers Groups 99
11.9.1 Company Overview 99
11.9.2 Products/Services/Solutions Offered 99
11.9.3 SWOT Analysis 99
11.10 AdhereTech 100
11.10.1 Company Overview 100
11.10.2 Products/Services/Solutions Offered 100
11.10.3 Key Developments 100
12 List of Tables
TABLE 1 MARKET SYNOPSIS 13
TABLE 2 LIST OF ASSUMPTIONS 15
TABLE 3 GLOBAL SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 34
TABLE 4 GLOBAL SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 38
TABLE 5 GLOBAL SMART HOSPITAL MARKET, BY REGION, 2024- 2032 (USD MILLION) 41
TABLE 6 NORTH AMERICA SMART HOSPITAL MARKET, BY COUNTRY, 2024- 2032 (USD MILLION) 42
TABLE 7 NORTH AMERICA SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 43
TABLE 8 NORTH AMERICA SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 44
TABLE 9 US SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 45
TABLE 10 US SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 46
TABLE 11 CANADA SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 46
TABLE 12 CANADA SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 47
TABLE 13 MEXICO SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 48
TABLE 14 MEXICO SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 48
TABLE 15 EUROPE SMART HOSPITAL MARKET, BY COUNTRY, 2024- 2032 (USD MILLION) 50
TABLE 16 EUROPE SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 51
TABLE 17 EUROPE SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 52
TABLE 18 GERMANY SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 53
TABLE 19 GERMANY SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 54
TABLE 20 UK SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 54
TABLE 21 UK SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 55
TABLE 22 FRANCE SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 56
TABLE 23 FRANCE SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 56
TABLE 24 REST OF EUROPE SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 57
TABLE 25 REST OF EUROPE SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 58
TABLE 26 ASIA-PACIFIC SMART HOSPITAL MARKET, BY COUNTRY, 2024- 2032 (USD MILLION) 59
TABLE 27 ASIA-PACIFIC SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 61
TABLE 28 ASIA-PACIFIC SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 62
TABLE 29 CHINA SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 63
TABLE 30 CHINA SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 63
TABLE 31 JAPAN SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 64
TABLE 32 JAPAN SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 65
TABLE 33 INDIA SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 65
TABLE 34 INDIA SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 66
TABLE 35 REST OF ASIA-PACIFIC SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 67
TABLE 36 REST OF ASIA-PACIFIC SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 67
TABLE 37 SOUTH-EAST ASIA SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 68
TABLE 38 SOUTH-EAST ASIA SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 69
TABLE 39 REST OF THE WORLD SMART HOSPITAL MARKET, BY COUNTRY, 2024- 2032 (USD MILLION) 70
TABLE 40 REST OF THE WORLD SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 71
TABLE 41 REST OF THE WORLD SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 72
TABLE 42 MIDDLE EAST & AFRICA SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 73
TABLE 43 MIDDLE EAST & AFRICA SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 74
TABLE 44 LATIN AMERICA SMART HOSPITAL MARKET, BY TYPE, 2024- 2032 (USD MILLION) 74
TABLE 45 LATIN AMERICA SMART HOSPITAL MARKET, BY APPLICATION, 2024- 2032 (USD MILLION) 75
13 List of Figures
FIGURE 1 GLOBAL SMART HOSPITAL MARKET: MARKET STRUCTURE 16
FIGURE 2 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 18
FIGURE 3 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 18
FIGURE 4 ASIA-PACIFIC & MARKET SHARE BY COUNTRY (2020 VS 2027) 19
FIGURE 5 REST OF THE WORLD MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 19
FIGURE 6 TOP DOWN & BOTTOM UP APPROACH 24
FIGURE 7 DRO ANALYSIS OF GLOBAL SMART HOSPITAL MARKET 27
FIGURE 8 DRIVERS IMPACT ANALYSIS: SMART HOSPITAL MARKET 28
FIGURE 9 VALUE CHAIN: SMART HOSPITAL MARKET 30
FIGURE 10 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL SMART HOSPITAL MARKET 30
FIGURE 11 GLOBAL SMART HOSPITAL MARKET, BY TYPE, 2024 TO 2032 (USD MILLION) 34
FIGURE 12 GLOBAL SMART HOSPITAL MARKET, BY APPLICATION, 2024 TO 2032 (USD MILLION) 37
FIGURE 13 GLOBAL SMART HOSPITAL MARKET, BY REGION, 2024 TO 2032 (USD MILLION) 40
FIGURE 14 NORTH AMERICA SMART HOSPITAL MARKET, BY COUNTRY, 2024 TO 2032 (USD MILLION) 42
FIGURE 15 NORTH AMERICA SMART HOSPITAL MARKET, BY TYPE, 2024 TO 2032 (USD MILLION) 43
FIGURE 16 NORTH AMERICA SMART HOSPITAL MARKET, BY APPLICATION, 2023 TO 2032(USD MILLION) 44
FIGURE 17 EUROPE SMART HOSPITAL MARKET, BY COUNTRY, 2023 TO 2032(USD MILLION) 49
FIGURE 18 EUROPE SMART HOSPITAL MARKET, BY TYPE, 2024 TO 2032 (USD MILLION) 51
FIGURE 19 EUROPE SMART HOSPITAL MARKET, BY APPLICATION, 2024 TO 2032 (USD MILLION) 52
FIGURE 20 ASIA-PACIFIC SMART HOSPITAL MARKET, BY COUNTRY, 2024 TO 2032 (USD MILLION) 59
FIGURE 21 ASIA-PACIFIC SMART HOSPITAL MARKET, BY TYPE, 2024 TO 2032 (USD MILLION) 60
FIGURE 22 ASIA-PACIFIC SMART HOSPITAL MARKET, BY APPLICATION 2024 TO 2032 (USD MILLION) 61
FIGURE 23 REST OF THE WORLD SMART HOSPITAL MARKET, BY COUNTRY, 2024 TO 2032 (USD MILLION) 70
FIGURE 24 REST OF THE WORLD SMART HOSPITAL MARKET, BY TYPE, 2023 TO 2032(USD MILLION) 71
FIGURE 25 REST OF THE WORLD SMART HOSPITAL MARKET, BY APPLICATION, 2024 TO 2032 (USD MILLION) 72
FIGURE 26 BENCHMARKING OF MAJOR COMPETITORS 77
Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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