Global Smart Hospital Market will be US$ 79.57 Billion by 2026

According to the latest report by Renub Research, titled “Smart Hospital Market Global Forecast by Artificial Intelligence (Offering, Technology, and Applications), Components, Connectivity, Applications, Region, Company Analysis” The market of Smart Hospital is expected to grow in the upcoming years. According to Renub Research analysis, Smart Hospital Market is anticipated to be US$ 79.57 Billion by 2026. Smart hospitals simplify, reinvent, and create new clinical processes, management structures, and possibly even infrastructure, all enabled by an underlying digitized networking infrastructure of interconnected properties, in order to deliver a valuable service or insight that was not previously feasible or available and to enhance patient care, experience, and operational performance. Smart hospitals have three main layers: data, insight, and access. These layers work together to enhance the quality of care.

Global Smart Hospital Market will be US$ 79.57 Billion by 2026

The demand for healthcare services is increasingly growing as the population increases, especially in the current COVID-19 crisis. Patients have ever-increasing perceptions about the quality of the healthcare treatments and the programs they receive, on top of the growing demand. Aside from that, laws and regulations are becoming increasingly strict and complex. With more than 8.5 billion people on the planet by 2030, the healthcare system’s burden is only going to worsen. As a result, these factors lead to rising prices, and these issues can be resolved in a smart hospital to help cut costs.

Smart hospitals increase productivity, boost patient satisfaction, and have more flexibility due to the healthcare industry’s digital transformation. Today’s world is continuously changing, and smart hospital can play a vital role in this changing environment.

COVID-19’s Impact on Smart Hospital Industry

The demand for smart health care infra has increased in the COVID-19 pandemic, as smart hospitals can better handle any pandemic situation in contrast to non-smart hospitals. Due to the use of technology, smart hospitals are able to maintain greater social distance. Doctors can access real-time patient data without having to visit them in their beds. In contrast to hospitals that do not use technology, smart hospitals can provide information on the number of beds available in real-time.

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Market Summary:

By Applications: The market of Outpatient Vigilance, Electronic Health Record & Clinical Workflow, Remote Medicine Management, Medical Connection Imaging, and Medical Assistance are covered in this research report.

By Artificial Intelligence: This research report covers the market of AI Offering, Technology, and Applications

By Components: The market of Hardware, System & Software, and Services are covered in this research report.

By Connectivity: This research report covers the market of Wired and Wireless.

By Company Analysis: Company Overview, Products/Initiatives and Financial Insight of (SAP SE, Koninklijke Philips N.V, Medtronic Plc, Cerner Corporation, and Schneider Electric Healthcare) are given in this research report.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

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