Edison, NJ -- (SBWIRE) -- 05/17/2021 -- The Asia-Pacific Smart Hospital Market outlook survey highlights the dynamics at play in each of the subsegments of Smart Hospital Industry to better elaborate current state, emerging trends and potential areas of focus. Discerning stakeholders in the Smart Hospital market will be able to use this study to evaluate opportunities and challenges in the context of an increasingly complex healthcare and life sciences marketplace. To understand big picture lot of industry players were analysed and some of them are Microsoft, GE Healthcare, Qualcomm Life, Philips, SAP, Siemens, Medtronic, STANLEY Healthcare, Cerner Corporation, Honeywell Life Care Solution etc.
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Summary
Asia-Pacific smart hospital market 2021-2026
Being the fastest growing region, Asia-Pacific has the major concern about medical services. The smart hospital brings the medical treatments in comparatively cheap expenses in the long run. The Asia-Pacific region has the potential to grow in smart hospital market, having a lot of companies and hospitals taking initiatives to install e-Health concept in their services. According to Research, the Asia-Pacific smart hospital market is expected to have a significant compound annual growth rate of 28.40% and reach a market size of USD 14.59 Bn by 2023.
The increased use of mobile devices in the Asia-Pacific region has caused the growth of the market. It helps them to stay connected to the doctors on a real time basis and the patient's health can be monitored quickly. Tele-consultation have become popular in countries like China and India, having a huge population and comparatively less number of doctors. It is easier for doctors to follow up and remotely supervise patients using the Internet of Things (IoT) and artificial intelligence (AI) which is growing in this region. Also, countries like India and Taiwan are becoming popular in Europe, North America and rest of the world for outbound medical tourism because of affordable medical expenses.
The Asia-Pacific smart hospital market is bifurcated on the basis of product (smart pills, mHealth, telemedicine, electronic health record and others), application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), artificial intelligence (offering and technology). The technologies used are AI, cloud computing, radio frequencies identification, wearable technologies, zigbee technologies, IoT and others. This region includes Japan, China, India and South Korea as majorly contributing countries.
Key growth factors
In the Asia-Pacific region, due to the collaborative working of the government and the private organizations, the smart hospital implementation has become easier. As the mobile devices have become popular, execution of IoT is at its peak. The concept of smart city is pushing the need for having smart hospitals and similar infrastructure in developing countries like India.
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Threats and key players
As many countries in this region are in the stage of development, the smart hospital concept is still unaffordable for them. Also, cyber-security is one of the major issues to be concerned about. Cyber-attack is a major threat to smart hospitals.
The major players in the smart hospital market are Microsoft, GE Healthcare, Qualcomm Life, Philips, SAP, Siemens, Medtronic, STANLEY Healthcare, Cerner Corporation, Honeywell Life Care Solution etc.
What's covered in the report?
1. Overview of the Asia-Pacific smart hospital market.
2. Historical, current and forecasted market size data for smart pills, mHealth, telemedicine, electronic health record and others.
3. Historical, current and forecasted market size data for remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance.
4. Historical, current and forecasted market size data for offering and technology.
5. Historical, current and forecasted country wise (Japan, China, India and South Korea) market size data for Japan, China, India and South Korea smart hospital market segmentations by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology).
6. Market trends in the Asia-Pacific smart hospital market.
7. Qualitative analysis of the key drivers and challenges affecting the Asia-Pacific smart hospital market and its segments by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology)
8. Analysis of the competitive landscape and profiles of major players operating in the market
Why buy?
1. Get a broad understanding of the Asia-Pacific smart hospital market.
2. Get country-specific market size and observations for the Asia-Pacific smart hospital market and its segments by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology)
3. Get specific trends, drivers and challenges for the Asia-Pacific smart hospital market and its segments by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology)
4. Recognize major competitors' business and market dynamics, and respond accordingly
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Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered
1.3. Executive summary
Chapter 2: Asia-Pacific smart hospital market - overview
2.1. Asia-Pacific market overview - market trends, drivers and challenges, market attractiveness analysis, market revenue (USD Bn)
2.2. Value chain analysis
2.3. Porter's five forces analysis
2.4. Market size - by product (smart pills, mHealth, telemedicine, electronic health record and others)
2.4. a. Revenue from smart pills - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.4. b. Revenue from mHealth - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.4. c. Revenue from telemedicine - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.4. d. Revenue from electronic health record - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.4. e. Revenue from others - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.5. Market size - by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance)
2.5. a. Revenue from remote medicine management - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.5. b. Revenue from electronic health record and clinical workflow - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.5. c. Revenue from outpatient vigilance - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.5. c. Revenue from medical connected imaging - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.5. c. Revenue from medical assistance - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.6. Market size - by artificial Intelligence (offering and technology)
2.6. a. Revenue from offering - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
2.6. b. Revenue from technology - Historical (2015-2017) and forecasted 2021-2026 market size (USD Bn), key observations
Chapter 3: Asia-Pacific smart hospital market – by countries
3.1. China
3.1.1. China market overview - market trends, market drivers and challenges, market attractiveness analysis,
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