Global smart healthcare market is expected to
reach USD 225.54 Billion by 2022, according to a new study by Grand View
Research, Inc. Rapid technological advancements in healthcare IT is expected to
remain a key driving factor of the global smart healthcare market over the
forecast period. Growing implementation of inventory management systems such as
RFID KanBan and RFID smart cabinets aimed at curbing inventory costs and ensure
appropriate logistics management is expected to boost the growth of the smart
healthcare market. Development of smart syringes, smart pills and smart
bandages which enable remote monitoring of patients, help in diagnosing
gastrointestinal diseases and infection spread minimization and remote
monitoring of healing processes is expected to strengthen the platform for
future market growth. On the other hand, high capital investments and poor
awareness levels among consumers are some challenges faced by manufacturers.
mHealth is expected to register the fastest
growth of over 40.0% over the forecast period. Key factors likely to
drive segment growth include rapidly increasing incidence rates of chronic
diseases, increasing smart phone penetration rates and heightening need to
ensure improved healthcare outcomes.
Browse full report by Grand View
Research : http://www.grandviewresearch.com/industry-analysis/smart-healthcare-market
Further key findings from the study suggest:
·
Electronic health record (EHR) emerged as
the largest product segment in terms of revenue and was estimated at over USD
19.50 billion in 2014. Implementation of the American Recovery and Reinvestment
Act (ARRA) and HITECH Act is expected to make significant contributions towards
segment growth. Key feature of HITECH Act includes the provision of USD 64,000
per year to healthcare practitioners adopting EHR systems.
·
North America was the largest smart
healthcare regional market in 2014. Presence of favorable government
initiatives in the form of HITECH Act providing allowances to healthcare
practitioners is one of the major factors expected to drive regional market
growth. Presence of sophisticated IT infrastructure enabling easy
implementation of advanced healthcare facilities is also expected to boost
market growth over the forecast period.
·
Asia Pacific is expected to grow at a
considerable pace over the forecast period owing to growing penetration of
advanced healthcare facilities and rapidly evolving mobile & IT
infrastructure. Increasing awareness among consumers pertaining to novel
healthcare technologies such as telemedicine, mHealth and EHR is expected to
further complement regional market growth.
·
Key players operating in the smart
healthcare market include Cisco, IBM, Olympus Corp., GE Healthcare, AT&T
Inc., Apple Inc., Samsung Electronics, Logi-Tag, Wurth Group, AirStrip
Technologies Inc., Allscripts Healthcare Solutions Inc., Pepperl+Fuchs and
Given Imaging Inc.
Browse more reports of this category by Grand View
Research: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the smart
healthcare market on the basis of product, and region:
Global Smart Healthcare Product Outlook (Revenue, USD
Million, 2014 - 2022)
·
RFID KanBan systems
·
RFID smart cabinets
·
Electronic Health Records (EHR)
o Client-server based
o Web-based
·
Telemedicine
o Hardware
o Connectivity and network
o Others
·
mHealth
o Monitoring services
o Diagnosis services
o Healthcare systems
o Others
·
Smart pills
·
Smart syringes
Smart Healthcare Regional Outlook (Revenue, USD
Million, 2014 - 2022)
·
North America
o U.S.
o Canada
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o Japan
o India
·
MEA
o South Africa
·
Latin America
o Brazil
o Mexico
View press
release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-smart-healthcare-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.