Precision Business Insights has published a report on the global smart hospital market, estimating its value at USD 50.79 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 19.5% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-smart-hospital-market
A smart hospital connects hardware (smart medical equipment, diagnostic systems), software (EHR platforms, AI analytics), and services (telehealth, asset tracking) into a unified environment. These hospitals use automation, real-time data, and intelligent systems to improve patient outcomes, eliminate medical errors, and streamline processes.
Drivers:
- Growing use of electronic health records and telemedicine platforms drives digital transformation in hospitals.
- Increased global healthcare spending supports investments in smart infrastructure and connected devices
The global smart hospital market segmentation:
1) By Component: Software, Hardware, Services
2) By Technology: Cloud Computing, Artificial Intelligence, Wearable Technologies, Radio Frequencies Identification, Others
3) By Application: Remote Medicine Management, Medical Connected Imaging, Medical Assistance, Electronic Health Record & Clinical Workflow, and Outpatient Vigilance
4) By Connectivity: Wired, Wireless
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Regional Overview:
The report also examines the current concerns and their Future Effects on the smart hospital market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the smart hospital market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Medtronic, Philips, GE Healthcare, Siemens AG, Qualcomm Life, Allengers, Athenahealth, AdhereTech, Cerner Corporation, McKesson, Jude Medical, SAMSUNG, Renesas Electronics Corporation, Honeywell Life Care Solutions
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