The study reveals that smart hospital is trending in North America region. The increasing demand of cloud computing in smart hospital has boosted the market growth. It provides complete information of lifecycle of the patients which is stored securely in the cloud and easily accessible to the patient, doctors and pharmacy staff. It is cost-efficient to the patients without compromising with the patient’s information details privacy. The smart hospital also using wearable devices at the wide range as these device enables to get alert incase the patients is experiencing an asthma situation, displays, journaling, treatment plans, and others. It also helps in tracking and providing information on the treating of symptoms.
In North America region, the smart hospital demand are growing as the prominent companies such as SAP SE (Germany), Microsoft Corporation (U.S), Cerner Corporation (U.S), Stanley Healthcare (US), are providing smart hospital solution. The new technology which helps the smart hospitals to enhance business and improve a number of crucial services which is provided in hospital at a very low cost. The smart hospitals allow the doctors to make smarter decision by collecting the information of patients, can interpret and analyze the data.
The global Smart Hospital Market is growing rapidly over ~25% of CAGR and is expected to reach at USD ~ 62 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Smart Hospital Market Research Report -Forecast to 2023”.
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The prominent players in the global smart hospital market are – Siemens AG (Germany), Qualcomm Life Inc. (US), Athenahealth Inc. (U.S), SAP SE (Germany), Microsoft Corporation (U.S), Cerner Corporation (U.S), Stanley Healthcare (US), Oracle Corporation (US), SAMSUNG Group (South Korea), Philips N.V (Netherlands), GE Healthcare (US) among others.
Global Smart Hospital Market Segmentation
The global smart hospital market are bifurcated on the basis of component, technology, connectivity and region. The components are segmented into hardware, software, service, and others. The technology are segmented into artificial intelligence, cloud computing, radio frequencies identification, wearable technologies, zigbee technologies, internet of things and others. The connectivity are segmented wired, wireless and others. The applications are segmented outpatient vigilance, remote medicine management, medical assistance, medical connected imaging, electronic health record & clinical workflow and others. The region includes North America, Europe, Asia Pacific and rest of the world.
Market Research Analysis:
On geographic basis, global smart hospital market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the smart hospital market. The smart hospital are gaining huge demand due to the number of technology used for patient’s treatment at a very low cost. In this market, Europe is to be estimated to be the second largest market share for smart hospital during the forecast period. Asia Pacific is expected to forecast the highest CAGR in the coming years.
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