GITNUX MARKETDATA REPORT 2024

Smart Hospital Industry Statistics

The smart hospital industry is expected to see significant growth due to advancements in technology, with a projected global market size of over $58 billion by 2025.

Statistic 1

"The smart hospital market is expected to reach USD 63.49 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 24.00% during the forecast period."

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Statistic 2

"The global smart hospital market was worth USD 17.46 Billion in 2017."

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Statistic 3

"The implementation of Telemedicine is expected to grow at a CAGR of 16.8% in the smart hospital industry."

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Statistic 4

"North America is the leading contributor to the smart hospital market and is expected to reach $12.27 billion by 2023."

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Statistic 5

"The IoT in the healthcare sector is projected to reach $188 billion by the year 2024."

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Statistic 6

"The Asia-Pacific smart hospitals market is expected to grow at the highest CAGR of 27.4% from 2018 to 2025."

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Statistic 7

"Europe smart hospital market is anticipated to reach USD 18.47 Billion by 2023."

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Statistic 8

"In 2020, the Telemedicine market size was reported as USD 55.9 billion, a contributor to the smart hospital market."

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Statistic 9

"85% of healthcare organizations are currently using IoT in some form."

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Statistic 10

"In 2019, the Hardware Segment held the largest market share of 48.6% worldwide in the smart hospital market."

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Statistic 11

"The artificial intelligence(AI) in healthcare market is projected to grow at a CAGR of 41.4% from 2020 to 2027."

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Statistic 12

"The electronic health record (EHR) segment, part of the smart hospital industry, is expected to reach USD 38.3 billion by 2025."

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Statistic 13

"The adoption of cloud computing in healthcare is expected to reach USD 25 billion by 2024."

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Statistic 14

"94% of healthcare executives say that digital transformation across the industry is accelerating."

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Statistic 15

"The smart wearable market in healthcare is projected to reach USD 27.49 billion by 2026, aiding the growth of smart hospitals."

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Statistic 16

"The smart beds segment is projected to register the highest CAGR of 5.5% in the smart hospital industry."

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