Transparency Market Research

Smart Healthcare Systems Market to Grow Due to Growing Prevalence of Chronic Diseases

Transparency Market Research Report Added "Smart Healthcare Systems Market" to its database.


Albany, NY -- (SBWIRE) -- 02/08/2016 -- A new market research report by Transparency Market Research, titled "Smart Healthcare Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023", provides a detailed analysis on the market for smart healthcare systems. This market has been analyzed with the help of analytical tools such as SWOT analysis and Porter's five forces model and these two analysis tools help in gauging the degree of competition in this market by taking into account factors such as the threats of substitutes and the bargaining power of buyers and suppliers. The major players dominant in the market have also been analyzed in the competitive landscape section of the report.

As per this report, factors such as the rising demand for personal healthcare and the easy retrieval of data through smart healthcare systems are amongst the prime factors fuelling the market for smart healthcare systems. In addition, the growing prevalence of chronic diseases, including heart ailments, diabetes, and cancer, is also having a positive impact on the growth of the market. In addition, the swift advancement in the field of smart healthcare systems and the rising purchasing power of buyers have resulted in increased adoption of smartphones on 4G and 3G networks, thus stimulating the growth of the market for smart healthcare systems. On the other hand, the absence of technically skilled workers may restrain the growth of the market in forthcoming years.

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The report segments the market on the basis of type into diagnostic systems, recording systems, health support solutions, and others. In terms of applications, the report segments the market into remote patient monitoring, telemedicine, electronic health records (EHR), healthcare management, and others. By end use, the market for smart healthcare systems has been segmented into individual patients, healthcare organizations/hospitals, government healthcare organizations, research and development organizations, and others.

In terms of geography, the report segments the market into Europe, North America, Latin America, the Middle East and North Africa (MENA), Asia Pacific, and Rest of the World (RoW). Amongst these, North America led the smart healthcare systems market and is trailed by Europe. The reasons for the superiority of these two regions include the increasing awareness about healthcare information technology solutions, well-planned regulatory frameworks, and the rising adoption of cutting-edge techniques in these two regions. On the other hand, the smart healthcare systems market is also predicted to grow exponentially in Asia Pacific due to the swift growth in medical tourism.

According to the report, the chief players in the market are AirStrip Technologies Inc., Samsung Electronics Corporation, GE Healthcare, Olympus Corporation, Apple Inc., Given Imaging Inc., AT&T Inc., Solstice Medical LLC, Siemens Medical Solutions, Hurst Green Plastics Ltd., Wurth Group, LogTag, Brooks Automation, Stanley Innerspace, Cisco, and IBM, among others.

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