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Smart Healthcare Market Size, Share & Trends Analysis Report by Product (RFID Kanban Systems, RFID Smart Cabinets, Electronic Health Records, Telemedicine, mHealth, Smart Pills, Smart Syringes), by Region, and Segment Forecasts, 2022-2030

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    Report

  • 110 Pages
  • June 2022
  • Region: Global
  • Grand View Research
  • ID: 3450650
The global smart healthcare market size is expected to reach USD 483.4 billion by 2030. The market is expected to expand at a CAGR of 13.3% from 2022 to 2030. The COVID-19 pandemic is likely to boost the market growth as these solutions help healthcare professionals to connect effectively with their patients and offer quality treatment. Owing to social distancing, remote patient monitoring, and virtual healthcare delivery is gaining momentum. For instance, the U.K. has introduced free virtual consultation during the coronavirus crisis. In April 2020, doctorinthehouse.net, a not-for-profit online healthcare service in the U.K. launched a platform in collaboration with volunteers amongst doctors, pharmacists, and specialist nurses aiming to schedule 25,000 online appointments and supply 100,000 online assessments for over 200 at-home clinicians. Such initiatives are expected to drive the market ahead.



Operating costs are mainly governed by production costs, inventory storage costs, manufacturing overhead costs, wages, energy costs, and logistical costs. Poor inventory control is a major issue faced by companies that leads to substantial operating losses. There is an increasing demand for RFID kanban systems to control their inventory costs. RFID kanban systems owing to associated benefits such as reduction in manpower, higher efficiency, and cost-effectiveness is anticipated drive traction over the forecast period.

Technological advancements are rapidly transforming the market for smart healthcare. Some of the major market players such as IBM, Cisco, Given Imaging, Inc., Olympus Corporation, Logi-Tag, Brooks Automation, Stanley Innerspace, GE Healthcare, and others account for a substantial market share, owing to their extensive product offerings. Key players are focusing on expanding their current portfolio as in March 2020, Siemens Healthineers launched Teamplay digital health platform. It is aimed to enable digital healthcare transformation and eases quick access to clinical and operational solutions. Also, in June 2019, Intel introduced Network And Custom Logic Group it is a broad portfolio of products for Artificial Intelligence (AI) and 5G cloud. This is aimed to broaden the horizons of healthcare applications.

Smart Healthcare Market Report Highlights

  • The mHealth segment held the dominant share of over 39.0% in 2021 due to the growing usage of the internet, penetration of smartphones, and the increased adoption of mHealth technologies by healthcare professionals and patients.
  • The telemedicine segment is expected to be the second-fastest-growing segment from 2022 to 2030. The growing prevalence of chronic conditions, rising demand for self-health care, and the outbreak of COVID 19 pandemic are the key factors driving the growth.
  • The smart pills segment demonstrated promising growth during the forecast period owing to technological development including miniaturization of integrated circuits, an increase in focus on patient convenience, and high demand for minimally invasive procedures.
  • Companies are adopting innovative strategies to attain a competitive advantage. Product development, partnerships, strategic collaborations, mergers and acquisitions, and regional expansion are a few of them.
  • Since April 2020, IBM Research has been keenly developing novel cloud and AI-powered technologies that can assist researchers throughout a range of scientific disciplines and accelerate the discovery process.

Table of Contents

Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Information Procurement
1.2.1 Purchased Database:
1.2.2 Internal database
1.2.3 Secondary Sources
1.2.4 Primary Research:
1.2.5 Details Of Primary Research
1.3 Information or Data Analysis
1.3.1 Data Analysis Models
1.4 Market Formulation & Validation
1.5 Model Details
1.5.1 Commodity Workflow Analysis (Model 1)
1.6 List of Secondary Sources
1.7 List of Primary Sources
1.8 Abbreviations
1.9 Report Objectives
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3. Smart Healthcare Industry Outlook
3.1. Market Lineaage Outlook
3.1.1 Parent Market
3.1.2 Ancillary Market
3.2 Smart Healthcare Market Segmentation
3.3. Smart Healthcare Market Size and Growth Prospects
3.4. Smart Healthcare Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.5. Key Opportunities Prioritized
3.6. Industry Analysis-Porter's
3.7 Smart Healthcare Market PESTEL Analysis
Chapter 4. Smart Healthcare Market: Covid-19 Impact
4.1.Current And Future Impact Analysis
4.2 Disease Prevalence Analysis
4.3 Opportunity Analysis
4.4 Impact On Market Players
Chapter 5. Smart Healthcare Product Outlook
5.1. Smart Healthcare Market Share By Product, 2021 & 2030
5.2. RFID KanBan Systems
5.2.1. RFID Kanban Systems Market Estimates and Forecasts, 2017-2030 (USD Million)
5.3. RFID Smart Cabinets
5.3.1. RFID Smart Cabinets Market Estimates and Forecasts, 2017-2030 (USD Million)
5.4. Electronic Health Records (EHR)
5.4.1. EHR Market Estimates and Forecasts, 2017-2030 (USD Million)
5.4.2. Client-Server Based Market Estimates and Forecasts, 2017-2030 (USD Million)
5.4.3. Web-Based Market Estimates and Forecasts, 2017-2030 (USD Million)
5.5. Telemedicine
5.5.1. Telemedicine Market Estimates and Forecasts, 2017-2030 (USD Million)
5.5.2. Hardware Market Estimates and Forecasts, 2017-2030 (USD Million)
5.5.3. Connectivity & Network Market Estimates and Forecasts, 2017-2030 (USD Million)
5.5.4. Others Market Estimates and Forecasts, 2017-2030 (USD Million)
5.6. mHealth
5.6.1. mHealth Market Estimates and Forecasts, 2017-2030 (USD Million)
5.6.2. Monitoring Services Market Estimates and Forecasts, 2017-2030 (USD Million)
5.6.3. Diagnosis Services Market Estimates and Forecasts, 2017-2030 (USD Million)
5.6.4. Healthcare Systems Strengthening Services Market Estimates and Forecasts, 2017-2030 (USD Million)
5.6.5. Others Market Estimates and Forecasts, 2017-2030 (USD Million)
5.7. Smart Pills
5.7.1. Smart Pills Market Estimates and Forecasts, 2017-2030 (USD Million)
5.8. Smart Syringes
5.8.1. Smart Syringes Market Estimates and Forecasts, 2017-2030 (USD Million)
Chapter 6. Smart Healthcare Regional Outlook
6.1. Smart Healthcare Market Share By Region, 2017 & 2030
6.2. North America
6.2.1. North America Market Estimates and Forecasts, by Product, 2017-2030 (USD Million)
6.2.1.1. U.S. Market Estimates and Forecasts
6.2.1.2. Canada Market Estimates and Forecasts
6.3. Europe
6.3.1. Europe Market Estimates and Forecasts, by Product, 2017-2030 (USD Million)
6.3.1.1. Germany Market Estimates and Forecasts
6.3.1.2. U.K. Market Estimates and Forecasts
6.3.1.3. Spain Market Estimates and Forecasts
6.3.1.4. Italy Market Estimates and Forecasts
6.3.1.5. France Market Estimates and Forecasts
6.4. Asia Pacific
6.4.1. Asia Pacific Market Estimates and Forecasts, by Product, 2017-2030 (USD Million)
6.4.1.1. China Market Estimates and Forecasts
6.4.1.2. Japan Market Estimates and Forecasts
6.4.1.3. India Market Estimates and Forecasts
6.4.1.4. Australia Market Estimates and Forecasts
6.4.1.5. South Korea Market Estimates and Forecasts
6.5. Latin America
6.5.1. Latin America Market Estimates and Forecasts, by Product, 2017-2030 (USD Million)
6.5.1.1. Mexico Market Estimates and Forecasts
6.5.1.2. Brazil Market Estimates and Forecasts
6.5.1.3. Argentina Market Estimates and Forecasts
6.6. MEA
6.6.1. MEA Market Estimates and Forecasts, by Product, 2017-2030 (USD Million)
6.6.1.1. South Africa Market Estimates and Forecasts
6.6.1.2. Saudi Arabia Market Estimates and Forecasts
6.6.1.3. UAE Market Estimates and Forecasts
Chapter 7. Competitive Landscape
7.1 Competitive Dashboard Analysis
7.2 Public Companies
7.2.1 Company market position analysis
7.2.2 Heat Map Analysis
7.3 Detailed list of Market Players
Chapter 8. Company Profiles
8.1. IBM
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Cisco
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Given Imaging, Inc.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Olympus Corporation
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Logi-Tag
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Brooks Automation
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Stanley Innerspace
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Solstice Medical LLC
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. GE Healthcare
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Siemens Medical Solutions
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
8.11. McKesson Corp.
8.11.1. Company Overview
8.11.2. Financial Performance
8.11.3. Product Benchmarking
8.11.4. Strategic Initiatives
8.12. Allscripts Healthcare Solutions
8.12.1. Company Overview
8.12.2. Financial Performance
8.12.3. Product Benchmarking
8.12.4. Strategic Initiatives
8.13. Samsung Electronics Corporation
8.13.1. Company Overview
8.13.2. Financial Performance
8.13.3. Product Benchmarking
8.13.4. Strategic Initiatives
8.14. AirStrip Technologies Inc.
8.14.1. Company Overview
8.14.2. Financial Performance
8.14.3. Product Benchmarking
8.14.4. Strategic Initiatives
8.15. Apple Inc.
8.15.1. Company Overview
8.15.2. Financial Performance
8.15.3. Product Benchmarking
8.15.4. Strategic Initiatives
8.16. AT&T Inc.
8.16.1. Company Overview
8.16.2. Financial Performance
8.16.3. Product Benchmarking
8.16.4. Strategic Initiatives
8.17. Cerner Corporation
8.17.1. Company Overview
8.17.2. Financial Performance
8.17.3. Product Benchmarking
8.17.4. Strategic Initiatives
8.18. Pepperl+Fuchs
8.18.1. Company Overview
8.18.2. Financial Performance
8.18.3. Product Benchmarking
8.18.4. Strategic Initiatives
8.19. Hurst Green Plastics Ltd.
8.19.1. Company Overview
8.19.2. Financial Performance
8.19.3. Product Benchmarking
8.19.4. Strategic Initiatives
8.20. Bollhoff Group
8.20.1. Company Overview
8.20.2. Financial Performance
8.20.3. Product Benchmarking
8.20.4. Strategic Initiatives
8.21. Wurth Group
8.21.1. Company Overview
8.21.2. Financial Performance
8.21.3. Product Benchmarking
8.21.4. Strategic Initiatives
8.22. Brooks Automation
8.22.1. Company Overview
8.22.2. Financial Performance
8.22.3. Product Benchmarking
8.22.4. Strategic Initiatives
8.23. LogTag
8.23.1. Company Overview
8.23.2. Financial Performance
8.23.3. Product Benchmarking
8.23.4. Strategic Initiatives
8.24. Stanley Innerspace
8.24.1. Company Overview
8.24.2. Financial Performance
8.24.3. Product Benchmarking
8.24.4. Strategic Initiatives
List of Tables
Table 1 Smart healthcare-Market Outlook, 2017-2030
Table 2 Global smart healthcare market, by product, 2017-2030 (USD Million)
Table 3 Global smart healthcare market, by region, 2017-2030 (USD Million)
Table 4 Smart healthcare-Key market driver analysis
Table 5 Smart healthcare-Key market restraint analysis
Table 6 North America Smart Healthcare Market, by Country, 2017-2030 (USD Million)
Table 7 North America Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 8 North America EHR market, by product, 2017-2030 (USD Billion)
Table 9 North America mHealth market revenue by services, 2017-2030 (USD Million)
Table 10 North America telemedicine market revenue by product, 2017-2030 (USD Million)
Table 11 U.S. Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 12 U.S. EHR market, by product, 2017-2030 (USD Billion)
Table 13 U.S. mHealth market revenue by services, 2017-2030 (USD Million)
Table 14 U.S. telemedicine market revenue by product, 2017-2030 (USD Million)
Table 15 Canada Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 16 Canada EHR market, by product, 2017-2030 (USD Billion)
Table 17 Canada mHealth market revenue by services, 2017-2030 (USD Million)
Table 18 Canada telemedicine market revenue by product, 2017-2030 (USD Million)
Table 19 Europe Healthcare Market, by Country, 2017-2030 (USD Million)
Table 20 Europe Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 21 Europe EHR market, by product, 2017-2030 (USD Billion)
Table 22 Europe mHealth market revenue by services, 2017-2030 (USD Million)
Table 23 Europe telemedicine market revenue by product, 2017-2030 (USD Million)
Table 24 U.K. Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 25 U.K. EHR market, by product, 2017-2030 (USD Billion)
Table 26 U.K. mHealth market revenue by services, 2017-2030 (USD Million)
Table 27 U.K. telemedicine market revenue by product, 2017-2030 (USD Million)
Table 28 Germany Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 29 Germany EHR market, by product, 2017-2030 (USD Billion)
Table 30 Germany mHealth market revenue by services, 2017-2030 (USD Million)
Table 31 Germany telemedicine market revenue by product, 2017-2030 (USD Million)
Table 32 Italy Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 33 Italy EHR market, by product, 2017-2030 (USD Billion)
Table 34 Italy mHealth market revenue by services, 2017-2030 (USD Million)
Table 35 Italy telemedicine market revenue by product, 2017-2030 (USD Million)
Table 36 France Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 37 France EHR market, by product, 2017-2030 (USD Billion)
Table 38 France mHealth market revenue by services, 2017-2030 (USD Million)
Table 39 France telemedicine market revenue by product, 2017-2030 (USD Million)
Table 40 Spain Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 41 Spain EHR market, by product, 2017-2030 (USD Billion)
Table 42 Spain mHealth market revenue by services, 2017-2030 (USD Million)
Table 43 Spain telemedicine market revenue by product, 2017-2030 (USD Million)
Table 44 Asia Pacific Healthcare Market, by Country, 2017-2030 (USD Million)
Table 45 Asia Pacific Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 46 Asia Pacific EHR market, by product, 2017-2030 (USD Billion)
Table 47 Asia Pacific mHealth market revenue by services, 2017-2030 (USD Million)
Table 48 Asia Pacific telemedicine market revenue by product, 2017-2030 (USD Million)
Table 49 India Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 50 India EHR market, by product, 2017-2030 (USD Billion)
Table 51 India mHealth market revenue by services, 2017-2030 (USD Million)
Table 52 India telemedicine market revenue by product, 2017-2030 (USD Million)
Table 53 China Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 54 China EHR market, by product, 2017-2030 (USD Billion)
Table 55 China mHealth market revenue by services, 2017-2030 (USD Million)
Table 56 China telemedicine market revenue by product, 2017-2030 (USD Million)
Table 57 Japan Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 58 Japan EHR market, by product, 2017-2030 (USD Billion)
Table 59 Japan mHealth market revenue by services, 2017-2030 (USD Million)
Table 60 Japan telemedicine market revenue by product, 2017-2030 (USD Million)
Table 61 Australia Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 62 Australia EHR market, by product, 2017-2030 (USD Billion)
Table 63 Australia mHealth market revenue by services, 2017-2030 (USD Million)
Table 64 Australia telemedicine market revenue by product, 2017-2030 (USD Million)
Table 65 South Korea Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 66 South Korea EHR market, by product, 2017-2030 (USD Billion)
Table 67 South Korea mHealth market revenue by services, 2017-2030 (USD Million)
Table 68 South Korea telemedicine market revenue by product, 2017-2030 (USD Million)
Table 69 Latin America Healthcare Market, by Country, 2017-2030 (USD Million)
Table 70 Latin America Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 71 Latin America EHR market, by product, 2017-2030 (USD Billion)
Table 72 Latin America mHealth market revenue by services, 2017-2030 (USD Million)
Table 73 Latin America telemedicine market revenue by product, 2017-2030 (USD Million)
Table 74 Brazil Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 75 Brazil EHR market, by product, 2017-2030 (USD Billion)
Table 76 Brazil mHealth market revenue by services, 2017-2030 (USD Million)
Table 77 Brazil telemedicine market revenue by product, 2017-2030 (USD Million)
Table 78 Mexico Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 79 Mexico EHR market, by product, 2017-2030 (USD Billion)
Table 80 Mexico mHealth market revenue by services, 2017-2030 (USD Million)
Table 81 Mexico telemedicine market revenue by product, 2017-2030 (USD Million)
Table 82 Argentina Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 83 Argentina EHR market, by product, 2017-2030 (USD Billion)
Table 84 Argentina mHealth market revenue by services, 2017-2030 (USD Million)
Table 85 Argentina telemedicine market revenue by product, 2017-2030 (USD Million)
Table 86 MEA Healthcare Market, by Country, 2017-2030 (USD Million)
Table 87 MEA Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 88 MEA EHR market, by product, 2017-2030 (USD Billion)
Table 89 MEA mHealth market revenue by services, 2017-2030 (USD Million)
Table 90 MEA telemedicine market revenue by product, 2017-2030 (USD Million)
Table 91 South Africa Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 92 South Africa EHR market, by product, 2017-2030 (USD Billion)
Table 93 South Africa mHealth market revenue by services, 2017-2030 (USD Million)
Table 94 South Africa telemedicine market revenue by product, 2017-2030 (USD Million)
Table 95 Saudi Arabia Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 96 Saudi Arabia EHR market, by product, 2017-2030 (USD Billion)
Table 97 Saudi Arabia mHealth market revenue by services, 2017-2030 (USD Million)
Table 98 Saudi Arabia telemedicine market revenue by product, 2017-2030 (USD Million)
Table 99 UAE Smart Healthcare Market, by Product, 2017-2030 (USD Million)
Table 100 UAE EHR market, by product, 2017-2030 (USD Billion)
Table 101 UAE mHealth market revenue by services, 2017-2030 (USD Million)
Table 102 UAE telemedicine market revenue by product, 2017-2030 (USD Million)
List of Figures
FIG. 1 Smart healthcare: Market Segmentation
FIG. 2 Global smart healthcare Market Revenue, 2017-2030 (USD Million)
FIG. 3 Smart healthcare: Market Dynamics
FIG. 4 Key Opportunities Prioritized
FIG. 5 Smart healthcare-Porter’s Analysis
FIG. 6 Smart healthcare-PESTEL Analysis
FIG. 7 Smart healthcare market share, by product, 2021 & 2030
FIG. 8 Global RFID KanBan systems market, 2017-2030 (USD Million)
FIG. 9 Global RFID smart cabinets market revenue, 2017-2030 (USD Million)
FIG. 10 Global (EHR) market revenue, 2017-2030 (USD Million)
FIG. 11 Global Telemedicine market revenue, 2017-2030 (USD Million)
FIG. 12 Global mHealth market revenue, 2017-2030 (USD Million)
FIG. 13 Global smart pills market revenue, 2017-2030 (USD Million)
FIG. 14 Global smart syringes market revenue, 2017-2030 (USD Million)
FIG. 15 Smart healthcare market share by region, 2021 & 2030
FIG. 16 North America smart healthcare market, 2017-2030 (USD Million)
FIG. 17 U.S. smart healthcare market, 2017-2030 (USD Million)
FIG. 18 Canada smart healthcare market, 2017-2030 (USD Million)
FIG. 19 Europe smart healthcare market, 2017-2030 (USD Million)
FIG. 20 Germany smart healthcare market, 2017-2030 (USD Million)
FIG. 21 U.K. smart healthcare market, 2017-2030 (USD Million)
FIG. 22 Italy smart healthcare market, 2017-2030 (USD Million)
FIG. 23 Spain smart healthcare market, 2017-2030 (USD Million)
FIG. 24 France smart healthcare market, 2017-2030 (USD Million)
FIG. 25 Asia Pacific smart healthcare market, 2017-2030 (USD Million)
FIG. 26 China smart healthcare market, 2017-2030 (USD Million)
FIG. 27 Japan smart healthcare market, 2017-2030 (USD Million)
FIG. 28 India smart healthcare market, 2017-2030 (USD Million)
FIG. 29 Australia smart healthcare market, 2017-2030 (USD Million)
FIG. 30 South Korea smart healthcare market, 2017-2030 (USD Million)
FIG. 31 Latin America smart healthcare market, 2017-2030 (USD Million)
FIG. 32 Brazil smart healthcare market, 2017-2030 (USD Million)
FIG. 33 Mexico smart healthcare market, 2017-2030 (USD Million)
FIG. 34 Argentina smart healthcare market, 2017-2030 (USD Million)
FIG. 35 MEA smart healthcare market, 2017-2030 (USD Million)
FIG. 36 South Africa smart healthcare market, 2017-2030 (USD Million)
FIG. 33 Saudi Arabia smart healthcare market, 2017-2030 (USD Million)
FIG. 33 UAE smart healthcare market, 2017-2030 (USD Million)

Companies Mentioned

  • IBM
  • Cisco
  • Given Imaging, Inc.
  • Olympus Corporation
  • Logi-Tag
  • Brooks Automation
  • Stanley Innerspace
  • Solstice Medical LLC
  • GE Healthcare
  • Siemens Medical Solutions
  • McKesson Corp.
  • Allscripts Healthcare Solutions
  • Samsung Electronics Corporation
  • AirStrip Technologies Inc.
  • Apple Inc.
  • AT&T Inc.
  • Cerner Corporation
  • Pepperl+Fuchs
  • Hurst Green Plastics Ltd.
  • Bollhoff Group
  • Wurth Group
  • Brooks Automation
  • LogTag
  • Stanley Innerspace

Methodology

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