In 2021, the global smart hospital market was valued at 35.9 billion U.S. dollars. According to future estimations, the market value of smart hospitals was forecast to increase exponentially. In 2026, the market of smart hospitals was forecast to reach a value of 83 billion U.S. dollars.
What are the main segments of the smart hospital market?
In 2021, smart hospital market growth was especially due to three aspects of healthcare. Currently, the segment of remote medicine management represented most of the market’s revenue. In 2026, this segment is projected to account for over a fourth of the market. Electronic health records and clinical workflow was the second-biggest segment, followed by outpatient vigilance.
What makes a hospital “smart”?
Nowadays, access to healthcare is being revolutionized by digital solutions. Hospitals need to adopt smarter clinical processes and redesign management systems to keep up with this digitization of healthcare. Patients expect to get appointment reminders by email or text, have access to electronic health records, and be able to make online video consultations. To answer these changes, hospital infrastructures need to implement technologies and improve the consumer experience. Ultimately, to survive in time, hospitals need to get smarter.
Annual value of the smart hospital market from 2018 to 2026
(in billion U.S. dollars)
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Market value in billion U.S. dollars
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Statista. (September 1, 2019). Annual value of the smart hospital market from 2018 to 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1204318/smart-hospital-market-estimated-value-forecast/
Statista. "Annual value of the smart hospital market from 2018 to 2026 (in billion U.S. dollars)." Chart. September 1, 2019. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1204318/smart-hospital-market-estimated-value-forecast/
Statista. (2019). Annual value of the smart hospital market from 2018 to 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1204318/smart-hospital-market-estimated-value-forecast/
Statista. "Annual Value of The Smart Hospital Market from 2018 to 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Sep 2019, https://www.statista.com/statistics/1204318/smart-hospital-market-estimated-value-forecast/
Statista, Annual value of the smart hospital market from 2018 to 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1204318/smart-hospital-market-estimated-value-forecast/ (last visited September 01, 2024)
Annual value of the smart hospital market from 2018 to 2026 (in billion U.S. dollars) [Graph], Statista, September 1, 2019. [Online]. Available: https://www.statista.com/statistics/1204318/smart-hospital-market-estimated-value-forecast/