Smart Hospitals Market Size, Share, Trend Analysis & Competition Tracking, Forecast 2021 - 2028

                                                                               
A smart hospital is a medical facility that uses automated processes and digitally integrated information management systems to improve existing patient care procedures.

                      Smart Hospitals Market


A smart hospital is a medical facility that uses automated processes and digitally integrated information management systems to improve existing patient care procedures. It provides numerous valuable services to improve clinical outcomes, improve supply chain efficiency, and optimise healthcare service delivery. Furthermore, smart hospitals help with medical connected imaging, telemedicine, outpatient vigilance, and reducing errors in electronic medical records (EMR), laboratory information systems, computerised physician order entry, and pharmacy information systems.

During the forecast period, North America dominated the global smart hospitals market. The region's market growth has been driven by rising investments in the adoption of cutting-edge technologies in the healthcare sector, as well as the presence of a strong and developed telecommunications infrastructure. Furthermore, increased consumer awareness of the benefits of smart hospitals and innovative treatments has increased demand for smart hospital services. Furthermore, the region's increased adoption of telehealth and electronic health records has resulted in significant growth in the North American smart hospitals market.

Over the forecast period, the increasing number of product launches will be a major factor driving market growth. Market participants are focusing on the release of advanced software to aid in outpatient vigilance, which is expected to drive the growth of the global smart hospitals market during the forecast period. Medtronic plc., for example, launched MyCareLink Heart in January 2019, a mobile app to support Medtronic's BlueSync technology-enabled pacemakers. MyCareLink Heart is designed to send and receive data wirelessly from the Medtronic CareLink network, eliminating the need for a dedicated bedside monitor or other remote monitoring hardware.


Market Segmentation:

By Component
  • Hardware
  • Software System
  • Services

By Technology
  • Cloud Computing
  • Artificial Intelligence
  • Wearable Technologies
  • Radio Frequencies Identification
  • Others

By Application
  • Remote Medicine Management
  • Medical Connected Imaging
  • Medical Assistance
  • Electronic Health Record
  • Outpatient Vigilance

By Connectivity
  • Wired
  • Wireless
The major players operating in the global smart hospitals market include Medtronic Plc., Koninklijke Philips N.V., GE Healthcare, Stanley Healthcare, Siemens AG, Athenahealth, Allscripts Healthcare Solutions, Inc., Microsoft Corporation, SAP SE, Samsung Healthcare, and Honeywell International Inc.

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