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Global Smart Hospital Market Report 2020-2026 - The 'COVID-19' Effect on the Smart Hospital Industry

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News provided by

Research and Markets

Nov 24, 2020, 09:00 ET

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DUBLIN, Nov. 24, 2020 /PRNewswire/ -- The "Smart Hospital Market Global Forecast by Artificial Intelligence (Offering, Technology, and Applications), Components, Connectivity, Applications, Region, Company Analysis" report has been added to ResearchAndMarkets.com's offering.

By 2026, the Smart Hospital Market will be US$ 79.57 Billion

A smart hospital signifies the hardware system which runs through software and provides services to the healthcare professional. Medical Devices are connected with a wired or wireless network for transferring the data in the central monitoring devices.

Smart hospitals make comprehensive use of creative technologies to enhance care quality and patient experience while reducing costs. Globally government initiatives to digitize healthcare has transformed the healthcare industry, and it is likely to push the demand for smart healthcare systems. Mobile Health application has grown exponentially in the last few years, primarily because of the growing usage of smartphones.

The growing cost of healthcare has been a significant concern in most countries. However, the paradigm of disease treatment has changed to health management. There are many trends which drive the smart hospital market; the rise of informed patients, Smart hospitals has a high degree of automation, and smart healthcare system is decentralized and patient-centric. Government endeavours to digitize healthcare are likely to drive the need for smart healthcare systems worldwide.

The United States and Europe market depends on the innovation of technology which suggests that the hospital adopts the technology as early as possible. For the past decade, the United States has spent more than 17% of its GDP on healthcare each year. In Asian countries like China, the regulatory authority has set the standards for smart hospitals development.

China spends about six 6% of its GDP on healthcare; costs have been rising year over year. In Japan, the new hospitals have been designed based on artificial intelligence and the internet of things as it is predicted that in future, there will be a shortage of physicians in the next five years.

The key players, such as SAP SE have launched a startup program focusing on healthcare for the development of hassle-free services to patients from smart hospitals. In 2018, Humber became the first hospital in Canada to recruit a humanoid robot.

COVID effect of Smart Hospital Industry

Smart hospitals can better manage the COVID pandemic than non-smart hospitals. Smart hospitals are able to maintain better social distancing due to use of technology. Doctors can get real-time data of patients without visiting them at their beds. Smart hospitals are also able to tell the number of beds available on real-time basis compared to the hospitals which were not using technologies.

Key Topics Covered:

1. Introduction

2. Research and Methodology

3. Report Objective

4. Scope of Research

5. Executive Summary

6. Market Dynamics
6.1 Growth Driver
6.2 Challenges

7. Global Smart Hospital Market

8. Market Share - Global Smart Hospital market
8.1 By Artificial Intelligence
8.2 By Components
8.3 By Connectivity
8.4 By Applications
8.5 By Services Rendered
8.6 By Regions

9. Artificial Intelligence - Global Smart Hospital Market
9.1 Offering
9.2 Technology
9.3 Applications

10. Components - Global Smart Hospital Market
10.1 Hardware
10.2 System and Software
10.3 Services

11. Connectivity - Global Smart Hospital Market
11.1 Wired
11.2 Wireless

12. Applications - Global Smart Hospital Market
12.1 Outpatient Vigilance
12.2 Electronic Health Record & Clinical Workflow
12.3 Remote Medicine Management
12.4 Medical Connection Imaging
12.5 Medical Assistance

13. Regions - Global Smart Hospital Market
13.1 North America
13.2 Europe
13.3 APAC
13.4 ROW

14. Company Analysis
14.1 Koninklijke Philips N.V
14.1.1 Overview
14.1.2 Recent Development & Strategy
14.1.3 SWOT Analysis
14.1.4 Sales
14.2 Medtronic Plc
14.3 SAP SE
14.4 Cerner Corporation
14.5 Schneider Electric Healthcare

For more information about this report visit https://www.researchandmarkets.com/r/n00s

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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