The Smart Hospitals Market is projected to reach USD 187.20 billion by 2030 from USD 48.99 billion in 2022, at a CAGR of 18.24% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Smart Hospitals Market.
Based on Connectivity, market is studied across Wired and Wireless. The Wireless is further studied across Bluetooth, Near Field Communication, RFID, Wi-Fi, and Zigbee. The Wireless commanded largest market share of 79.62% in 2022, followed by Wired.
Based on Operation, market is studied across General, Specialty, and Super Specialty. The General commanded largest market share of 52.49% in 2022, followed by Super Specialty.
Based on Component, market is studied across Hardware, Services, and Software. The Hardware is further studied across Implanted Medical Devices, Stationary & Supportive Medical Devices, and Wearable External Medical Devices. The Services is further studied across Consulting Services, Managed Services, Professional Services, Support & Maintenance, and Training & Education. The Hardware commanded largest market share of 36.43% in 2022, followed by Software.
Based on Application, market is studied across Electronic Health Record & Clinical Workflow, Medical Assistance, Medical Connected Imaging, Outpatient Vigilance, Patient Journey Management, and Remote Medicine Management. The Electronic Health Record & Clinical Workflow commanded largest market share of 21.76% in 2022, followed by Medical Assistance.
Based on End-User, market is studied across Patient, Payer, and Provider. The Payer commanded largest market share of 42.67% in 2022, followed by Provider.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.12% in 2022, followed by Americas.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Smart Hospitals Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Smart Hospitals Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Smart Hospitals Market, highlighting leading vendors and their innovative profiles. These include AdhereTech, LLC, Advantech Co., Ltd., athenahealth, Inc., BEWATEC ConnectedCare GmbH, GE Healthcare, Honeywell International Inc., Infor, Intel Corporation, International Business Machines Corporation, Koninklijke Philips N.V., Mckesson Corporation, Medtronic PLC, Microsoft Corporation, N. Harris Computer Corporation, NVIDIA Corporation, Oracle Corporation, physIQ, Qualcomm Incorporated, Reivr Fusion Ltd., Sanela Technologies Pvt. Ltd., SAP SE, Securitas AB, Siemens AG, Smart Hospital Manager, Sonar Technologies International, Techmetics Robotics, and Zyter, Inc..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast for the Smart Hospitals Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Smart Hospitals Market?
- What is the competitive strategic window for identifying opportunities in the Smart Hospitals Market?
- What are the latest technology trends and regulatory frameworks in the Smart Hospitals Market?
- What is the market share of the leading vendors in the Smart Hospitals Market?
- Which modes and strategic moves are suitable for entering the Smart Hospitals Market?