Smart Hospitals Market to Reach $252.6 Billion by 2030, Fueled by Advanced Technologies

Dublin, Aug. 14, 2023 (GLOBE NEWSWIRE) -- The "Smart Hospitals: Global Strategic Business Report" report has been added to's offering.

The global market for Smart Hospitals estimated at US$46.4 Billion in the year 2022, is projected to reach a revised size of US$252.6 Billion by 2030, growing at a CAGR of 23.6% over the analysis period 2022-2030.

Services, one of the segments analyzed in the report, is projected to record a 22.5% CAGR and reach US$137.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 23.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $13.8 Billion, While China is Forecast to Grow at 26.9% CAGR

The Smart Hospitals market in the U.S. is estimated at US$13.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$38.2 Billion by the year 2030 trailing a CAGR of 26.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.9% and 22.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 22.1% CAGR.

Select Competitors (Total 46 Featured) -

  • AdhereTech Inc.
  • Capsule Technologies, Inc.
  • Cerner Corporation
  • GE Healthcare
  • Honeywell International Inc.
  • Koninklijke Philips N.V.
  • McKesson Corporation
  • Medtronic plc
  • SAP SE
  • Siemens AG
  • STANLEY Healthcare

Key Attributes:

Report AttributeDetails
No. of Pages290
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$46.4 Billion
Forecasted Market Value (USD) by 2030$252.6 Billion
Compound Annual Growth Rate23.6%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Smart Hospitals - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Rise of IT in Healthcare Provides the Cornerstone for the Growth of Smart Hospitals
  • Global Spending on Healthcare IT (In US$ Billion) for Years 2018, 2020, 2022 and 2024
  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
  • These are Times When Questions Abound & Answers Are Few
  • So How Fast Or Slow Are We Moving?
  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Progress on Vaccinations, Why Should Businesses Care?
  • As India Burns Amid a Lethal Double & Triple Mutation Driven Second Wave, Its Clear That Equity is Not a Part of Global Policy on Tackling COVID
  • What We Know So Far - "Vaccine Efficiency Against New Strains is Decreasing"
  • A Retrospective Review of Year 2020 as the Worst Year in Humanity's History that Left the World in Shambles & Industries and Markets Upended
  • With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About a Global Economic Comeback
  • A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
  • How the Healthcare Industry Has & Continues to be Impacted by the Pandemic & What's the New Normal?
  • The Biggest & Worst Ever Public Health Crisis in Human History Creates a Mixed Bag of Challenges & Opportunities for the Healthcare Industry
  • With the COVID-19 Pandemic Exposing Global Healthcare Unpreparedness, There is Increasing Policy Led Focus on Rebooting Health Systems Worldwide: Current & Required Healthcare Spending as % of GDP
  • Clinical Diagnostic Laboratories Work Overtime to Manage Giant Waves of COVID Infection Testing Flowing In
  • Global Clinical Diagnostics Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • The Pandemic Triggers Shift in Consumer Behavior & Engagement With Healthcare Technologies & Services
  • Healthcare Industry Pushed to Adopt Digital Technologies & Innovate to Save Lives Amid the Crisis
  • Digital Health Technologies Poised to Break New Grounds Post Pandemic: Global Opportunity in Digital Health (In US$ Billion) for Years 2020, 2022, 2024 and 2026
  • Smart Hospitals, What Are They & Why Are they the Future of Healthcare
  • Recent Market Activity
  • Innovations



  • COVID-19 Accelerates the Shift to Smart Hospitals. Here's Why
  • RFID Based Smart Hospital Asset Tracking & Management Gains in Prominence
  • Medical Robots Emerge to Make Hospitals Smart & Efficient
  • Number of Surgical Robots Deployed by Hospitals Worldwide (In Units) for Years 2017, 2019, 2022, 2024 & 2025
  • Smart Hospitals Step Up the Use of VR simulations to Train Medical Personnel
  • Growing Deployment of Connected Medical Devices Across Healthcare Enable the Creation of Smart Hospitals
  • Emergence of AI-Enabled Smart Hospitals to Transform Patient Experience and Improve Medical Outcomes
  • As Smart Hospitals Become Popular, Cybersecurity Storms Into the Spotlight




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Global Market for Smart Hospitals

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