Global Smart Hospital Market Report 2023: Modernization of Healthcare Infrastructure Bolsters Growth


Dublin, April 10, 2023 (GLOBE NEWSWIRE) -- The "Global Smart Hospital Market (2023-2028) by Component, Service Rendered, Connectivity, Artificial Intelligence, Applications, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to's offering.

The Global Smart Hospital Market is estimated to be USD 42.6 Bn in 2023 and is expected to reach USD 127.07 Bn by 2028, growing at a CAGR of 24.43%.

Market Dynamics


  • Modernization of Healthcare Infrastructure
  • Increasing Use of Smart Devices
  • Development of IoT Technologies in Healthcare


  • High Cost of Connected Systems


  • Increasing Investments from Governments
  • Rising Adoption in Emerging Economies


  • Inability to Evaluate Technology Solutions

Market Segmentations

The Global Smart Hospital Market is segmented based on Component, Service Rendered, Connectivity, Artificial Intelligence, Applications, and Geography.

  • By Component, the market is classified into Hardware, System & Software, and Services.
  • By Service Rendered, the market is classified into General, Speciality, and Super Speciality.
  • By Connectivity, the market is classified into Wired and Wireless.
  • By Artificial Intelligence, the market is classified into Offering and Technology.
  • By Applications, the market is classified into Remote Medicine Management, Electronic Health Record & Clinical Workflow, Outpatient Vigilance, Medical Connected Imaging, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Smart Hospital Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Smart Hospital Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Smart Hospital Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages168
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$42.6 Billion
Forecasted Market Value (USD) by 2028$127.07 Billion
Compound Annual Growth Rate24.4%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Smart Hospital Market, By Component

7 Global Smart Hospital Market, By Service Rendered

8 Global Smart Hospital Market, By Connectivity

9 Global Smart Hospital Market, By Artificial Intelligence

10 Global Smart Hospital Market, By Applications

11 Americas' Smart Hospital Market

12 Europe's Smart Hospital Market

13 Middle East and Africa's Smart Hospital Market

14 APAC's Smart Hospital Market

15 Competitive Landscape

16 Company Profiles

17 Appendix

Companies Mentioned

  • AdhereTECH
  • Asensus Surgical
  • Auris Health, Inc.
  • Barrett Technology
  • Biocon
  • Cerner Corp.
  • Darvis, Inc.
  • Diligent Robotics
  • Ekso Bionics Holdings, Inc.
  • GE HealthCare Technologies, Inc.
  • Hitachi, Ltd.
  • Honeywell International, Inc.
  • Intuitive Surgical, Inc.
  • KareXpert Technologies Pvt. Ltd.
  • Koninklijke Philips N.V.
  • Medtronic PLC
  • Microbot Medical, Inc.
  • Microsoft Corp.
  • Practo
  • Qualcomm Technologies, Inc.
  • Recare
  • Reivr Fusion Ltd.
  • Renishaw PLC
  • Sanela Technologies
  • Siemens Ag
  • SK Telecom Co., Ltd.
  • Smith & Nephew PLC
  • Stereotaxis
  • Stryker Corp.
  • Zimmer Biomet Robotics

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Global Smart Hospital Market

Contact Data