Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Smart Healthcare Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global smart healthcare products market size reached US$ 151.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 372.88 Billion by 2027, exhibiting a growth rate (CAGR) of 14.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Smart healthcare products include an integration of advanced tools and technologies that provide patients with enhanced treatment procedures and improve their quality of life. They are embedded with communication and sensor capabilities as well as data analytics techniques. Smart healthcare products assist in connected medical imaging, telemedicine, outpatient vigilance, etc. In addition to this, they also aid in minimizing the errors related to electronic medical records (EMR), laboratory information systems, computerized physician order entry, etc. Some of the common smart healthcare product include smart syringes, smart pills, smart RFID cabinets, smart wearables, etc.

Smart Healthcare Products Market Trends:

The growing consumer health consciousness, which has led to the emergence of smart medical devices, including diagnostic and monitoring equipment as well as injury prevention and rehabilitation instruments, is primarily driving the global smart healthcare products market. Furthermore, the rising awareness towards numerous benefits offered by smart healthcare products, such as virtual assistance, improved patient care, user-friendly systems, self-monitoring, etc., is also propelling the market growth. In addition to this, several government authorities are introducing various initiatives to promote the adoption of digital healthcare facilities and to provide accessible medical services across remote areas. For instance, the Indian government has launched the National Digital Health Mission to create a holistic and comprehensive digital health ecosystem that supports universal health coverage. Moreover, the emergence of innovative mHealth mobile apps that allow users to track their fitness levels by observing calorie count, water intake, heart rate, etc., is further augmenting the global market. Apart from this, the increasing inclination towards home care settings for disease management, monitoring, providing feedback, suggesting adequate treatment, etc., on account of the sudden outbreak of the COVID-19 pandemic, is also bolstering the market growth. Additionally, the escalating utilization of cloud-based EMR systems to enable patient's direct involvement throughout the documentation process and provide enhanced protection from data disruption is acting as a significant growth-inducing factor. Furthermore, several technological advancements, including the introduction of the Internet of Things (IoT), artificial intelligence (AI), Big Data, predictive analytics, etc., have improved patient access to services, reduced the operational strain on medical facilities, and provided support for the growth of digital ecosystems across healthcare organizations. This, in turn, is anticipated to propel the growth of the global smart healthcare products market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart healthcare products market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, application and end user.

Breakup by Product Type:

  • Telemedicine
  • Electronic Health Records
  • mHealth
  • Smart Pills and Syringes
  • Smart RFID Cabinets
  • Others
     

Breakup by Application:

  • Storage and Inventory Management
  • Monitoring
  • Treatment
  • Others
     

Breakup by End User:

  • Hospitals
  • Home Care Settings
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Allscripts Healthcare Solutions Inc, Capsule Technologies Inc., Cerner Corporation, Epic Systems Corporation, GE Healthcare Inc, Medical Information Technology Inc., Medtronic plc, NextGen Healthcare Inc., Olympus Corporation, Samsung Healthcare and Terumo Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Abbott Laboratories, Allscripts Healthcare Solutions Inc, Capsule Technologies Inc., Cerner Corporation, Epic Systems Corporation, GE Healthcare Inc, Medical Information Technology Inc., Medtronic plc, NextGen Healthcare Inc., Olympus Corporation, Samsung Healthcare and Terumo Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global smart healthcare products market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart healthcare products market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart healthcare products market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Smart Healthcare Products Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Telemedicine
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Electronic Health Records
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    mHealth
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Smart Pills and Syringes
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Smart RFID Cabinets
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Application
    7.1    Storage and Inventory Management
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Monitoring
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Treatment
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by End User
    8.1    Hospitals
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Home Care Settings
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Abbott Laboratories
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Allscripts Healthcare Solutions Inc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Capsule Technologies Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Cerner Corporation
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 SWOT Analysis
        14.3.5    Epic Systems Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 SWOT Analysis
        14.3.6    GE Healthcare Inc
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Medical Information Technology Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Medtronic plc
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    NextGen Healthcare Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Olympus Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Samsung Healthcare
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Terumo Corporation
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Smart Healthcare Products Market: Major Drivers and Challenges
Figure 2: Global: Smart Healthcare Products Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Smart Healthcare Products Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Smart Healthcare Products Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Smart Healthcare Products Market: Breakup by Application (in %), 2021
Figure 6: Global: Smart Healthcare Products Market: Breakup by End User (in %), 2021
Figure 7: Global: Smart Healthcare Products Market: Breakup by Region (in %), 2021
Figure 8: Global: Smart Healthcare Products (Telemedicine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Smart Healthcare Products (Telemedicine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Smart Healthcare Products (Electronic Health Records) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Smart Healthcare Products (Electronic Health Records) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Smart Healthcare Products (mHealth) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Smart Healthcare Products (mHealth) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Smart Healthcare Products (Smart Pills and Syringes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Smart Healthcare Products (Smart Pills and Syringes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Smart Healthcare Products (Smart RFID Cabinets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Smart Healthcare Products (Smart RFID Cabinets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Smart Healthcare Products (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Smart Healthcare Products (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Smart Healthcare Products (Storage and Inventory Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Smart Healthcare Products (Storage and Inventory Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Smart Healthcare Products (Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Smart Healthcare Products (Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Smart Healthcare Products (Treatment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Smart Healthcare Products (Treatment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Smart Healthcare Products (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Smart Healthcare Products (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Smart Healthcare Products (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Smart Healthcare Products (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Smart Healthcare Products (Home Care Settings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Smart Healthcare Products (Home Care Settings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Smart Healthcare Products (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Smart Healthcare Products (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Smart Healthcare Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Smart Healthcare Products Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Smart Healthcare Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Smart Healthcare Products Industry: SWOT Analysis
Figure 84: Global: Smart Healthcare Products Industry: Value Chain Analysis
Figure 85: Global: Smart Healthcare Products Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Smart Healthcare Products Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smart Healthcare Products Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Smart Healthcare Products Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Smart Healthcare Products Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Smart Healthcare Products Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Smart Healthcare Products Market: Competitive Structure
Table 7: Global: Smart Healthcare Products Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4