Global Smart Hospital Market 2021-2030: by Key Factor and Prominent Players
Absolute Markets Insights proclaims a new addition of an informative report, entitled ‘Smart Hospital market’. This report sheds 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, as well as predicts future growth in the upcoming year. This study serves well to guide the new entrants, as well as existing key players in the healthcare sector.
Smart Hospitals are witnessing high growth due to advancements in cloud technology which facilitates a connected network of hospitals, doctors and patients for better care delivery. Recent cloud technology enables patients to benefit from treatment remotely, and enables doctors to access patient’s medical history through electronic health records, picture archiving and communications systems, 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.
The following are some key findings of this report:
- The COVID pandemic has created high demand for telemedicine services and robotic solutions to treat active patients, thus speeding up the growth of the smart hospital market.
- Multiple healthcare applications related hardware segments such as cleaning, testing, performing surgeries, etc., is driving its share in the smart hospital market
- The need to access highly dispersed patient medical data is creating demand for Electronic Healthcare Record systems
- The Asian Pacific region is expected to register the highest growth rate during the forecast years due to the growing number of hospitals in the region, along with government initiatives to encourage adoption of IT systems
The report goes on to list some of the key players operating in the smart hospital market such as; Axonize, Allscripts Healthcare, Amazon Web Services, Archer Software, Cassia Networks, Inc., Cerner Corporation, Google LLC, Honeywell International Inc., IBM Corporation, McKesson Corporation, Medtronic, Microsoft, Oracle, SAP SE, Siemens Healthineers, amongst others.
The major key pillars of businesses such as driving factors are elaborated to understand the possible reasons behind the growth of the market. Additionally, it focuses on restraining factors which help to 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 have been elaborated on in a very descriptive manner. The report on the global Smart Hospital market throws light on possible global opportunities in the forecast period, which is 2021-2030. Read here for more information on this report.