Smart Hospital market analysis report gives an examination of a range of segments that are relied upon to witness the quickest development amid the estimate forecast frame. The data and information covered in the report are obtained from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. The company profiles of all the key players and brands that are dominating the Smart Hospital market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report.
Data Bridge Market Research analyzes that the global smart hospital market is expected to reach a value of USD 180,471.39 million by 2030, at a CAGR of 20.6% during the forecast period.
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Market Overview:
The smart hospital takes a holistic approach to infrastructure modernization by integrating digital and physical assets into a unified framework that connects the institution's disparate clinical and business workflows and resources. As a result, smart hospital gains broad access to data across the healthcare ecosystem, from hospital to clinic to provider and beyond, as well as faster clinical workflows, smoother patient journeys, and the ability to adopt new life-saving innovations in the market.
Global Smart Hospital Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
DRIVERS
Increase in the Prevalence of Chronic Diseases
With the rising economic growth, people are more interested in long-term health and wellness. The encumbrance of chronic disease is briskly increasing across the globe. In most western countries, the major reason behind the increasing number of chronic diseases is the continuous increase in the aged population. The increasing rates of diseases are directly proportional to the growth of better healthcare which is developing in every country. With growing infectious diseases, the mortality rate is increasing rapidly.
Some of the major players operating in the market are F. Hoffman-La Roche Ltd, Qualcomm Technologies, Inc., General Electric Company, Koninklijke Philips N.V., McKesson Corporation, Siemens, Intel Corporation, Microsoft, Honeywell International, Medtronic, DXC Technology Company, SAMSUNG ELECTRONICS AMERICA, Oracle, Apple, Inc., CitiusTech Inc, Allscripts Healthcare, LLC, AirStrip Technologies, Inc., AVISA Smart Hospital, Itransition, TERSO SOLUTIONS, INC., Cloudphysician Healthcare Pvt. Ltd., physiQ, ThoughtWire, AdhereTech, Diabetizer GmbH, Itrex Group, and Qdocs among others.
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