Global Smart Hospital Market is segmented further based on Components, Services Rendered, Application, Connectivity, Artificial Intelligence, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Global Smart Hospital Market is segmented further based on Components, Services Rendered, Application, Connectivity, Artificial Intelligence, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Introduction

The Global Smart Hospital Market is estimated to be USD 27.6 Bn in 2021 and is expected to reach USD 82.89 Bn by 2026, growing at a CAGR of 24.6 %.

Market Dynamics

Factors such as technological advancements, increased healthcare spending, a sedentary lifestyle, more awareness, and a high acceptance rate of new technologies are driving the growth of the global smart hospital market. The increasing rise in chronic illnesses such as diabetes and cardiovascular disease, particularly in industrialized nations, has dramatically increased the demand for healthcare solutions in recent decades. Hospitals are under pressure to make the best use of staff, handle increased demand, deliver the greatest services, and reduce maintenance costs all at the same time, which opens the door for IT firms to enter the market. However, a few factors hindering the market include the expensive cost of linked devices and a lack of knowledge about new technologies like the internet of things.
Rising adoption in emerging economies is expected to generate untapped opportunities for market participants.

Market Segmentation

The Global Smart Hospital Market is segmented further based on Components, Services Rendered, Application, Connectivity, Artificial Intelligence, and Geography.

By Component, the market is classified into Hardware, System and Software, and Services.

By Services Rendered, the market is classified as General, Speciality and Super Speciality.

By Application, the market is classified as Remote Medicine Management, Electronic Health Record & Clinical Workflow, Outpatient Vigilance, Medical Connected Imaging, and Medical Assistance.

By Connectivity, the market is Classified as Wired and Wireless.

By Artificial Intelligence, the market is classified as Offering and Technology.

By Geography, America is projected to lead the market.

Recent Developments

1. Stryker launched the ProCuity wireless smart hospital bed to improve efficiency and safety while lowering costs. – 19th October 2020
2. Zyter Acquires Care Management Technology Leader Casenet. This strategic acquisition adds capabilities to Zyter portfolio of digital health products – 17th November 2021

Company Profiles

Some of the companies covered in this report are Siemens, Hitachi, Intuitive Surgical, Auris Health, Smith & Nephew, Diligent Robotics, Zimmer Biomet Robotics, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

IGR Competitive Quadrant

The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Smart Hospital Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.

Report Highlights:

A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market

Companies Mentioned
Companies Mentioned

AdhereTECH
Asensus Surgical
Auris Health
Barrett Technology
Biocon
Cerner Corporation
Darvis
Diligent Robotics
Ekso Bionics
GE Healthcare
Hitachi
Honeywell
Intuitive Surgical
KareXpert
Medtronic
Microbot Medical
Microsoft
Philips
Practo
Qualcomm
Recare
REIVR
Renishaw
Sanela Technologies
Siemens
SK Telecom
Smith & Nephew
Stereotaxis
Stryker
Titan Medical
Zimmer Biomet Robotics
Zyter