Global Smart Hospitals Market worth USD 71.75 Billion by 2024

Global Smart Hospitals Market worth USD 71.75 Billion by 2024

Pune, India, February 20, 2019 -- /360iResearch/ -- The report "Global Smart Hospitals Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q4 2018 Update)", published by 360iResearch, states that the global market was valued at USD 16.89 billion in 2017 and is projected to reach USD 71.75 billion by 2024, growing at a CAGR of 22.95% from 2017 to 2024.

The major forces driving the growth of the smart hospitals market include the modernization of healthcare infrastructure and rising need for solutions providing enhanced consumer experience in hospitals. Moreover, integration of iot in healthcare systems and rising government investments in the healthcare sector are also some of the factors that are driving the market growth. However high cost of connected systems, and lack of infrastructure limits the deployment of smart hospital solutions may hinder the market growth. In the middle of difficulty lies opportunity such as the research and development based on technologies such as rfid, ai, zigbee technologies, cloud computing, wearable technologies, and iot, and growth potential in emerging economies. The possible challenges for the market growth are privacy and security issues, and loosely defined governance standards. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on component, the global smart hospitals market is studied across Hardware, Services, and Software. Based on operation, the global smart hospitals market is studied across General, Specialty, and Super Specialty. Based on application, the global smart hospitals market is studied across Electronic Health Record & Clinical Workflow, Medical Assistance, Medical Connected Imaging, Outpatient Vigilance, and Remote Medicine Management. Based on geography, the global smart hospitals market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the smart hospitals market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are AdhereTECH, Allscripts, Cerner Corporation, Diabetizer, GE Healthcare, Honeywell Life Care Solutions, McKesson, Medtronic, Microsoft, Philips, PhysIQ, Proteus Digital Health, Qualcomm Life, SAP, and Stanley Healthcare.

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