Global Smart Hospital Market 2021-2030: By Key Factor, Prominent Players (Allscripts Healthcare, LLC, Amazon Web Services Inc., Archer Software, Axonize, Cassia Networks Inc.)

Absolute Markets Insights proclaims a new addition of an informative report titled as Smart Hospital market. This statistical report throws light on the existing scenario of the market to understand the different up-down stages of the businesses. It highlights the past records of profit margin also predicts the future growth in the upcoming year. This informative study is expected to guide the new entrants as well as existing key players in the healthcare sector.

Global smart hospital market is witnessing high growth due to advancements in cloud technology which facilitates a connected network of hospitals, doctors and patients for better care delivery. Cloud technology enables patients to avail treatments remotely, and the doctors can access the medical history of patients through electronic health records (EHR), picture archiving and communications system (PACS), and other cloud-based platforms. The global smart hospital market is anticipated to witness a compound annual growth rate of 21.33% over the forecast period.

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Key Findings:

  • COVID-19 pandemic has created high demand for telemedicine services and robotic solutions to treat active patients, thus fueling the growth of smart hospital market.
  • Multiple applications of healthcare related hardware segment such as cleaning, testing, performing surgeries, etc., is driving its share in the smart hospital market
  • The need to integrate and access highly dispersed medical data of patients is creating demand for EHR systems.
  • Asia Pacific region is expected to register the highest growth rate during the forecast years due to the growing number of hospitals in the region, coupled with government initiatives to encourage adoption of IT systems.
  • Some of the players operating in the smart hospital market are Allscripts Healthcare, LLC, Amazon Web Services, Inc., Archer Software, Axonize, Cassia Networks, Inc., Cerner Corporation, Comarch SA, GENERAL ELECTRIC COMPANY, Google LLC, Honeywell International Inc., IBM Corporation, Koninklijke Philips N.V., McKesson Corporation, Medtronic, Microsoft, Oracle, SAP SE, Siemens Healthineers, STANLEY Healthcare, Thales Group, amongst others.

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The major key pillars of businesses such as driving factors are elaborated to understand the possible reasons behind the growth of the market. Apart from this, it focuses on restraining factors which helps to understand and tackle the risks and challenges in front of the businesses. However, the strategies employed by the different successful industries have been examined clearly. Different segments and sub-segments have been elaborated in a descriptive manner.

For the accurate and stable business outlook, the report on the global Smart Hospital market throws light on possible global opportunities in the forecast period. The base year considered for the market study is 2015-2030 and forecast period is 2021-2030.

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The detailed research study provides qualitative and quantitative analysis of smart hospital market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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