Press release
Global Smart Healthcare Market to Display 24.55% CAGR from 2016 to 2020
The report, titled “Global Smart Healthcare Market 2016-2020” is an in-depth study of the market landscape and growth indicators of the global smart healthcare market for the 2016-2020 period. The report on the global smart healthcare market is compiled after an extensive research phase and inputs received from opinion leaders. Analysts have tapped into proprietary databases of hospitals, medical centers, and healthcare clinics to understand how the implementation of smart healthcare solutions can reduce health risks and improve the quality of life.
The report mentions key vendors in the global smart healthcare market, namely Johnson and Johnson, Misfit, Agfa-Gevaert, Huawei Technologies, Abbott, Zebra Technologies, Allscripts, Apple, AT&T, STANLEY Healthcare Solutions, Microsoft, Proteus Digital Health, Qualcomm, Samsung Electronics, AirStrip Technologies, Voxiva, Warby Parker, Alcatel-Lucent, Medtronic OMRON, Evolent Health, F. Hoffmann-La Roche, Google, Epic Systems, HP Enterprises Services, Cisco, Olympus, GE Healthcare, IBM, AthenaHealth, WellDoc, Honeywell Life Care Solutions, and Philips.
According to the report’s findings, the global smart healthcare market will expand at an impressive 24.55% CAGR between 2016 and 2020. The report elucidates that the increased demand to provide remote monitoring healthcare services to aging population is one of the major factors propelling the global smart healthcare market. This is because smart healthcare solutions make use of electronic health records (EHR) to schedule routine medical checkups, thus providing patient-centric services for improved quality of life.
However, the fragmentation and complexity of smart healthcare solutions is challenging the growth of this market. Nevertheless, the inclusion of big data analytics in healthcare will be beneficial for the growth of this market, the report adds.
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The report presents a comprehensive analysis of revenue generation of the global smart healthcare market for the 2016-2020 period. This includes revenue generated from EHR solutions, mHealth, telemedicine, smart pills, and other sources (RFID kanban system, RFID smart cabinets, and smart syringes). The revenue generated from the use of smart healthcare solutions in homes, clinics, hospitals, mobile health, research/medical centers, and care centers has also been included in this report. Other than this, the revenue generated from services such as home monitoring, clinical monitoring, assistance for the disabled, clinical remote monitoring, asset management applications, and connected medical environment has also been provided.
Last but not the least, the revenue generated from digital signage, critical network access, chronic disease management devices, bedside terminals, location monitoring services, smartphones and mobile devices, wireless tags, e-medical records, and point-of-sales devices also find a mention herein.
The report presents answers to some of the pertinent questions about the development of the global smart healthcare market for the forecast period. Based on the current scenario, the report analyzes the growth rate and market size until the end of the study period in 2020. Using standard analytical tools such as SWOT analysis, the report presents a detailed outlook on the strengths, weakness, opportunities, and threats of the global smart healthcare market until the end of the forecast period.
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