Smart Healthcare Market Will Grow USD 64,902.57 mn by 2024- Reportocean.com Published

Reportocean.com adds “Global Smart Healthcare Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024” New Study to its Database

The global smart healthcare market is expected to grow from USD 28,191.57 million 2017 to USD 64,902.57 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 12.65%.

“Engaging with consumers and improving the patient experience
is one of the factors largely attributing to the growth of smart healthcare market globally”

The factors attributing to the growth of the market are engaging with consumers and improving the patient experience, creating a positive margin in an uncertain and changing health economy, investing in exponential technologies to reduce costs, increase access, and improve care, improving the patient flow pathway, and increasing use of healthcare applications. However, some factors such as and lack of awareness related to smart healthcare products may hinder the market growth. The global smart healthcare market is expected to showcase the opportunities such as increasing trend of home health monitoring, rising number of collaborations and acquisitions, and increasing innovations and technical developments. In the near future, the market may face the possible challenges in the growth due to privacy and security issues, and high cost associated with smart healthcare products. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global smart healthcare market market.”Health Data Storage & Exchange: The highest growing function for the global smart healthcare market”

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On the basis of function, the global smart healthcare market is studied across Health Data Storage & Exchange, Inventory Management, and Monitoring & Treatment. Among all these function, the Health Data Storage & Exchange is projected to hold the largest market share while the Monitoring & Treatment has the potential to grow the market with the highest CAGR in the forecast period.”mHealth: The highest growing product for the global smart healthcare market”

On the basis of product, the global smart healthcare market is studied across Electronic Health Record, Smart Pills, Smart RFID Cabinets, Smart Syringes, and mHealth. Among all these product, the mHealth is projected to hold the largest market share while the Smart Pills has the potential to grow the market with the highest CAGR in the forecast period.”Healthcare Providers: The highest growing end user for the global smart healthcare market”

On the basis of end user, the global smart healthcare market is studied across Healthcare Patients, Healthcare Payers, and Healthcare Providers. Among all these end user, the Healthcare Providers has captured the maximum market share while the Healthcare Patients has the opportunity to emerge with the highest CAGR.”Hospitals & Care Providers: The highest growing industry for the global smart healthcare market”

On the basis of industry, the global smart healthcare market is studied across Home care settings, Hospitals & Care Providers, and Pharmaceutical & Biotechnology Companies. Among all these industry, the Hospitals & Care Providers has captured the maximum market share while the Home care settings has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global smart healthcare market”

On the basis of geography, the global smart healthcare market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.

“Abbott Laboratories: The potential growing player for the global smart healthcare market”

The key players profiled in the global smart healthcare market are Abbott Laboratories, Allscripts, Becton, Dickinson & Company, Cerner Corporation, Cisco Systems, General Electric, Honeywell Life Care Solutions, IBM Corporation, Koninklijke Philips, Logi-Tag Systems, McKesson Corp., Medtronic, Inc., Olympus Corporation, Samsung Electronics Corporation, Siemens Medical Solutions, and Stanley Healthcare.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global smart healthcare market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global smart healthcare market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global smart healthcare market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global smart healthcare market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global smart healthcare market.

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Table of Content:

  1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Stakeholders
    2. Research & Forecasting
    2.1. Research Methodology
    2.1.1. Research Instruments
    2.1.1.1. Secondary Instrument
    2.1.1.2. Primary Instrument
    2.1.2. Research Approaches
    2.1.2.1. Bottom-up Approach
    2.1.2.2. Top-down Approach
    2.1.3. Research Reliability & Validity
    2.1.4. Research Assumptions
    2.1.5. Vendor Inclusion Criteria
    2.2. Forecasting Methodology
    2.2.1. Methodology for Market Estimation & Forecasting
    2.2.2. Significance and Importance of the Market Estimation & Forecasting
    3. Executive Summary
    4. Premium Insight
    4.1. Market Connectivity
    4.2. Market Data Feed
    4.3. Market Vendor Ranking Analysis
    4.4. Market Dynamics
    4.4.1. Drivers
    4.4.1.1. Engaging with consumers and improving the patient experience
    4.4.1.2. Creating a positive margin in an uncertain and changing health economy
    4.4.1.3. Investing in exponential technologies to reduce costs, increase access, and improve care
    4.4.1.4. Improving the patient flow pathway
    4.4.1.5. Increasing use of healthcare applications
    4.4.2. Restraints
    4.4.2.1. Lack of awareness related to smart healthcare products
    4.4.3. Opportunities
    4.4.3.1. Increasing trend of home health monitoring
    4.4.3.2. Rising number of collaborations and acquisitions
    4.4.3.3. Increasing innovations and technical developments
    4.4.4. Challenges
    4.4.4.1. Privacy and security issues
    4.4.4.2. High cost associated with smart healthcare products
    4.5. Porter’s Five Forces Analysis
    4.5.1. Threat of New Entrants
    4.5.2. Threat of Substitutes
    4.5.3. Bargaining Power of Customers
    4.5.4. Bargaining Power of Suppliers
    4.5.5. Industry Rivalry
    4.6. Regulatory Framework
    4.7. Technology Trends
    4.7.1. Advent of IoT and Big Data Analytics in Healthcare
    4.7.2. Rising Adoption of Nano-sensors in Healthcare
    4.7.3. Augmented Reality Training for Healthcare
    4.7.4. Wearable Devices in Healthcare

Continued…

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Posted by on Thursday March 21 2019, 12:00 PM EDT. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

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