Smart Hospital Market Analysis Report of Industry Trends, Insights and Forecasts 2017 to 2020

The Smart Hospital Market is expected to grow at a CAGR of 24.00% between 2017 and 2023. The Smart Hospital Market is growing and the experts have predicted the future stats of Smart Hospital. Smart Hospital Market report contains the top corporate profiles and strategies with industry analysis and trends.

The complete report of Smart Hospital Market by Component (Hardware, Services, and Systems & Software), Services Rendered (General, Specialty, and Super Specialty), Connectivity, Application, Artificial Intelligence, and Region – Global Forecast to 2023 is now available on http://www.rnrmarketresearch.com/smart-hospital-market-by-component-hardware-services-and-systems-software-services-rendered-general-specialty-and-super-specialty-connectivity-application-artificial-intelligence-and-region-global-f-st-to-2023-market-report.html

According to the new market research report, the smart hospital market is expected to grow from USD 13.52 billion in 2016 to USD 63.49 billion by 2023, at a CAGR of 24.0% between 2017 and 2023. The modernization of healthcare infrastructure boosting the demand for smart hospitals and also the development of IoT technologies in the field of healthcare are the major driving factors behind the growth of the smart hospital market. Furthermore, the increasing interoperability risk and the lack of governance standards are the major restraining factors for the smart hospital market.

The connectivity of the healthcare systems through IoT places importance on the patients’ needs. Super specialty hospitals offer efficient operations for saving lives of patients with the help of diagnostic equipment, therapeutic equipment, and skilled staff. Also, the accuracy of devices and instruments should be very high because an error might risk a patient’s life. Thus, IoT plays acrucial role in super specialty hospitals. The key reason behind the highest growth of the adoption of IoT in super specialty hospitals is the requirement for patients’ safety, the quality of medication, and the priority for families pertaining to medical treatments.

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Break of primary participants in Smart Hospital Market was as mentioned below:

By Company Type: Tier 1 =15%, Tier 2 =45%, and Tier 3 =40%

By Designation: C-Level Executives=65%, Managers=25%, and Others =10%

By Region: North America =25%, Europe=55%, APAC=15%, and RoW =5%

Major players of Smart Hospital Market Report are:

Major players in the smart hospital market are Medtronic (Ireland), Philips (Netherlands), Microsoft (US), GE Healthcare (US) and Qualcomm Life (US), Infor (US), Athenahealth (US), PhysIQ (US), Diabetizer (Germany), AdhereTech (US), Epic (US), GlucoVista (US), STANLEY Healthcare (US), Cerner Corporation (US), McKesson (US), St. Jude Medical (US), SAMSUNG (South Korea), Oracle (US), and Renesas Electronics Corporation (Japan).

FAQ’s regarding the Smart Hospital Market Report are:

What is Market Penetration of Smart Hospital?
Comprehensive information on the product portfolios of the top players in the Smart Hospital market

What is Product Development/Innovation of Smart Hospital?
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Smart Hospital market

What is Competitive Assessment of Smart Hospital?
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Smart Hospital market

What is Market Development of Smart Hospital?
Comprehensive information about emerging markets. This report analyzes the market for various Smart Hospital products across geographies

What is Market Diversification of Smart Hospital?
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Smart Hospital market

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This report covers regions such as North America, Europe, APAC, and RoW. The market in APAC is expected to grow at the highest rate between 2017 and 2023. Increasing healthcare investments and stringent government regulations pertaining to patient safety are anticipated to boost the growth of the smart hospital market in APAC.

From an insight perspective, this research report has focused on various levels of analysis—market ranking of top players, value chain analysis, company profiles that discuss basic views on the competitive landscape, emerging and high-growth segments of the Smart Hospital market, high-growth regions, and market dynamics—such as drivers, restraints, challenges, and opportunities.

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