SMART HOSPITALS MARKET ANALYSIS

Smart Hospitals Market, By Component (Hardware, Software System, and Services), By Technology (Cloud Computing, Artificial Intelligence, Wearable Technologies, Radio Frequency Identification, and Others), By Application (Remote Medicine Management, Medical Connected Imaging, Medical Assistance, Electronic Health Record, and Outpatient Vigilance), By Connectivity (Wired and Wireless), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : Sep 2023
Code : CMI4211
Pages :260
Formats :
Excel and PDF
Industry : Healthcare IT

Smart Hospitals MarketSize and Trends

The global smart hospitals market is estimated to be valued at US$ 41 Billion in 2023 and is expected to exhibit a CAGR of 20.7% during the forecast period (2023-2030).

Figure 1. Global Smart Hospitals Market Share (%), by Component, 2023

Market- Trends

Increasing technological advancements by key market players to develop new cloud-based enterprise imaging platforms are expected to drive the growth of the market over the forecast period. For instance, in November 2021, Siemens, a technology company, launched its new syngo Carbon enterprise IT platform, a cloud-based platform that includes image and data management, an image viewer, and a storage container to feed in enterprise data from all departments, which will serve as an umbrella to allow a single access view for all patient data across an enterprise. Furthermore, the company stated that carbon is also optimized, and thus, AI (Artificial Intelligence) functions can be added to enable predictive workflow and an array of new technology applications.