According to a market report by Lucintel, the future of the smart hospital market looks promising with opportunities in the remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging, and medical assistance markets. The smart hospital market is expected to grow with a CAGR of 24% from 2019 to 2024. The major drivers for this market are increasing need for cost-effective solutions in hospitals, development of IoT technologies in healthcare, and increasing penetration of connected devices and instruments in hospitals.
In this market, remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging, and medical assistance are the major application markets. Within the smart hospital market, Outpatient vigilance is the largest end use market segment for smart hospitals. North America will remain the largest market over the forecast period.
Philips, GE Healthcare, Medtronic, Qualcomm Life, Honeywell Life Care Solutions, Stanley Healthcare, SAP, Microsoft, Allscripts, Cerner Corporation, McKesson are among the major manufacturers of smart hospital.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the smart hospital market by application, component, connectivity, artificial intelligence, service rendered, and region. Lucintel has prepared a comprehensive research report entitled “Smart Hospital Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the smart hospital market by application, component, connectivity, artificial intelligence, service rendered, and region as follows:
By Application [$M shipment analysis for 2013 – 2024]:
• Remote Medicine Management
• Electronic Health Record & Clinical Workflow
• Outpatient Vigilance
• Medical Connected Imaging
• Medical Assistance
By Component [$M shipment analysis for 2013 – 2024]:
• Hardware
• Systems and Software
• Services
By Connectivity [$M shipment analysis for 2013 – 2024]:
• Wired
• Wireless
By Artificial Intelligence [$M shipment analysis for 2013 – 2024]:
• Offering
• Technology
By Service Rendered [$M shipment analysis for 2013 – 2024]:
• General Services
• Specialty
• Super Specialty
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy
• Asia Pacific
– China
– Japan
– India
• Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the smart hospital market, by application (remote medicine management, electronic health record & clinical workflow, outpatient vigilance, medical connected imaging, medical assistance), component (hardware, systems and software, services),connectivity (wired, wireless), artificial intelligence (offering, technology), service rendered (general services, specialty, super specialty), and region (North America, Europe, Asia pacific (APAC), rest of the world (ROW))?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the Smart Hospital market?
Q.5 what are the business risks and threats to the smart hospital market?
Q.6 what are emerging trends in this smart hospital market and the reasons behind them?
Q.7 what are some changing demands of customers in the smart hospital market?
Q.8 what are the new developments in the smart hospital market? Which companies are leading these developments?
Q.9 who are the major players in this smart hospital market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this smart hospital area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, smart hospital market?
