Electronic health records (EHR) are expected to boost the market value of smart hospitals. In 2021, the global smart hospital market was valued at **** billion U.S. dollars, from which *** billion were linked to EHR and the consequent clinical workflow. According to future estimations, this market was forecast to increase in value and reach nearly ** billion U.S. dollars in 2026. The use of electronic health records in hospitals EHR systems improve the quality and efficiency of healthcare delivery and enable patients more autonomy in their treatment. In 2020, over ** percent of surveyed European clinicians used electronic health records in their practice. According to the same survey, in countries such as the Netherlands or Denmark, nearly *** practicians used EHRs. The implementation of these medical records plays a central role in the emergence of smart hospitals. Data privacy and electronic health records Although the global EHR market is projected to steadily increase in the future, EHR use still raises some issues. Indeed, an electronic health record encompasses private information on a patient that can be shared across a range of healthcare settings. Thus, it presents challenges in terms of access control to ensure data privacy and confidentiality. These risks need to be addressed through legal frameworks, optimal access controls, quality training, and standards shared across all EHR users.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
[250 Pages Report] The global demand for hospital supplies is expected to increase at 3.7% CAGR over the forecast period from 2022 to 2032. Sales in the hospital supplies market are estimated to reach a valuation of US$ 29.5 Billion in 2022. According to the study, hospitals held a substantial share of 47.2% in 2021 in the global hospital supplies market.
Data Points | Market Insights |
---|---|
Hospital Supplies Market Value 2021 | US$ 28.6 Billion |
Hospital Supplies Market Value 2022 | US$ 29.5 Billion |
Hospital Supplies Market Value 2032 | US$ 42.3 Billion |
Hospital Supplies Market CAGR 2022 to 2032 | 3.7% |
Market Share of Top 5 Countries | 53.3% |
Scope Of Report
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Billion for Value |
Key Regions Covered | North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa |
Key Countries Covered | The USA, Canada, Brazil, Mexico, Argentina, the UK, Germany, France, Italy, Spain, Russia, BENELUX, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Australia, New Zealand, North Africa, GCC Countries, Turkey, and South Africa |
Key Market Segments Covered | Product, End User, and Region |
Key Companies Profiled |
|
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Hospital Information System Market Report Segments the Industry Into Mode of Delivery (Cloud-Based, On-Premise, and More), Type (Clinical Information Systems, Administrative Information Systems, and More), by Component (Software, Services, and Hardware), by End User (Multi-Specialty Hospitals, Specialty Hospitals, and More), and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD).
https://www.techsciresearch.com/privacy-policy.aspxhttps://www.techsciresearch.com/privacy-policy.aspx
Australia Hospital Market was valued at USD 57.23 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 5.98% through 2029.
Pages | 80 |
Market Size | 2023: USD 57.23 Billion |
Forecast Market Size | 2029: USD 81.44 Billion |
CAGR | 2024-2029: 5.98% |
Fastest Growing Segment | Specialty |
Largest Market | New South Wales |
Key Players | 1. Ramsay Health Care 2. Healthscope Ltd. 3. St John of God Health Care 4. Healthe Care Australia Pty Ltd. 5. Cura Day Hospitals Group 6. Western Private Hospital 7. SA Health 8. Alfred Health 9. St Vincent's Health Australia 10. The Royal Children's Hospital |
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Big Data Analytics In Healthcare Market size is estimated at USD 37.22 Billion in 2024 and is projected to reach USD 74.82 Billion by 2032, growing at a CAGR of 9.12% from 2026 to 2032.
Big Data Analytics In Healthcare Market: Definition/ Overview
Big Data Analytics in Healthcare, often referred to as health analytics, is the process of collecting, analyzing, and interpreting large volumes of complex health-related data to derive meaningful insights that can enhance healthcare delivery and decision-making. This field encompasses various data types, including electronic health records (EHRs), genomic data, and real-time patient information, allowing healthcare providers to identify patterns, predict outcomes, and improve patient care.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The Hospital Workforce Management market for Hospital Workforce Management is forecasted to attain USD 1,801.2 million by 2025, expanding at 8.7% CAGR to reach USD 4,162.1 million by 2035. In 2024, the revenue of Hospital Workforce Management was around USD 1,661.3 million
Key Market Metrics
Metric | Value |
---|---|
Industry Size (2025E) | USD 1,801.2 Million |
Industry Value (2035F) | USD 4,162.1 Million |
CAGR (2025 to 2035) | 8.7% |
Country-Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
United States | 9 .4% |
Country | CAGR (2025 to 2035) |
---|---|
Germany | 9 .0% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 8.4% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 9.2% |
Country | CAGR (2025 to 2035) |
---|---|
India | 8.5% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Kronos Incorporated (UKG) | 22-26% |
Oracle Corporation | 16-20% |
Infor Inc. | 14-18% |
SAP SE | 12-16% |
Workday, Inc. | 10-14% |
Other Companies (combined) | 30-40% |
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The US Hospital Supplies Market Report is Segmented by Product (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Other Types). The Report Offers the Value (USD) for the Above Segments.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Healthcare Facility Management Market report segments the industry into By Product Type (Waste Management, Security Services, Catering Services, Cleaning Services, Technical Support Services, Other Products), By End-user (Hospitals and Clinics, Long-term Healthcare Facilities, Other End-users), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America).
Over the last two observations, the revenue is forecast to significantly increase in all segments. This reflects the overall trend throughout the entire forecast period from 2020 to 2029. It is estimated that the revenue is continuously rising in all segments. In this regard, the Inpatient Care segment achieves the highest value of ***** billion U.S. dollars in 2029. Find further statistics on other topics such as a comparison of countries or regions regarding the number of hospitals and a comparison of countries or regions regarding the revenue.The Statista Market Insights cover a broad range of additional markets.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Report Covers Global Home Healthcare Industry Analysis and is Segmented by Product Type (product, Services, Software), by Indication (cardiovascular, Diabetes and More) and Geography. The Value is Provided in (USD) for the Above Segments.
https://www.bccresearch.com/aboutus/terms-conditionshttps://www.bccresearch.com/aboutus/terms-conditions
BCC Research Market Report for smart hospitals market should reach $111.99 billion by 2026 from $39.16 billion in 2021 at a compound annual growth rate of 23.4%
https://www.coherentmarketinsights.com/privacy-policyhttps://www.coherentmarketinsights.com/privacy-policy
Micro-hospitals Market is segmented By Location (Tier-1 Cities, Tier-2 Citiesand Tier-3 Cities) and Area of Occupation (15,000?40,000 Sq. Feet and More than 40,000 Sq. Feet), End User (Individuals and Corporate)
https://www.coherentmarketinsights.com/privacy-policyhttps://www.coherentmarketinsights.com/privacy-policy
Green Hospitals Market holds a forecasted revenue of USD 58.35 Bn in 2025 & is likely to cross USD 133.08 Bn by 2032 with a steady annual growth rate of 12.5%.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Big Data in Healthcare Market Report is Segmented by Component (Software, Services), Deployment (On-Premise, Cloud), Analytics Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics), Application (Financial Analytics, and More), End User (Healthcare Providers, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Hospital Services Market Report is Segmented by Service Type (In-Patient Services, Intensive Care Units, Emergency & Trauma Care, General Surgery, Specialty Surgery, and More), Ownership (Public/Government, Private For-Profit, Not-for-profit/Charitable), Bed Capacity (less Than 99 Beds, 100–299 Beds, More Than 300 Beds), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).
https://market.us/privacy-policy/https://market.us/privacy-policy/
Connected Healthcare Market size is expected to be worth around USD 520.6 Billion by 2032 from USD 58.2 Billion in 2022, at a CAGR of 25.2%.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Value-Based Healthcare Services Market Report is Segmented by Payment Model (Bundled Payments, Shared Savings, Pay-For-Performance, and More), Provider Setting (Hospitals & IDNs, Physician Group Practices, Home Health & Post-Acute Care, Ambulatory Surgical Centres, and More), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South America). The Market Forecasts are Provided in Terms of Value (USD).
https://www.prophecymarketinsights.com/privacy_policyhttps://www.prophecymarketinsights.com/privacy_policy
Virtual hospitals are accessible so patients can get quick answers about their condition. Virtual hospitals market size and share is estimated to be USD 116.4 Million by 2034, with a CAGR of 26.9% during the forecast period
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
Industry revenue fell by an average of 0.5% per year between 2019 and 2024. The inflation-related cost increases, which are not fully reflected in the prices that hospitals are allowed to charge to the health insurance funds, are offset by legally capped revenue increases. As a result, the earnings situation of a large majority of hospitals has increasingly deteriorated over the past two years. In addition to a lack of inflation compensation, many hospitals have been affected by investment subsidies from the federal states that have been too low for years and various tariff increases. A tariff increase is also due in 2024, which is unlikely to be fully refinanced by the state and will hardly be offset by reserves or efficiency improvements. The persistent underfunding of operating costs due to the current statutory regulations poses an existential threat to hospitals. Hospitals are using up their reserves and getting into debt. As a result of the large financial deficits and lack of liquidity assistance, the number of insolvencies rose sharply in 2023 and is likely to be further exceeded in the current year. In addition to going out of business, many clinics are reducing important care services for financial reasons and implementing cost-cutting programmes such as staff reductions, closures of sites or departments and bed closures. For 2024, a decline in turnover of 1.4% to 119.3 billion euros is expected compared to the previous year. For the period from 2024 to 2029, IBISWorld expects average annual sales growth of 1.5%. Turnover is therefore likely to be around 128.3 billion euros in 2029. Important prerequisites for growth are climate-friendly restructuring, digitalisation and process optimisation of treatment procedures. There is particular growth potential in the increasing outpatientisation of hospitals, which will be a key part of the structural change in healthcare. Demographic change poses a major challenge. A large proportion of employees will retire in the coming years and only some of the vacant positions will be filled. At the same time, an ageing population and advances in medicine with new diagnostic and treatment methods will lead to an increase in demand for healthcare services, while the number of facilities is likely to fall due to high cost pressure as well as mergers and acquisitions. Smaller hospital operators in particular are increasingly merging to form associations in order to remain competitive against large hospital groups.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Smart Healthcare Products Market Report is Segmented by Product Type (Telemedicine, Electronic Health Records, Mhealth Solutions, Smart Pills, Smart Syringes, Smart RFID Cabinets, and More), Application (Storage and Inventory Management, Remote Monitoring, and More), End User (Hospitals, Home Care Settings, and More), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).
Electronic health records (EHR) are expected to boost the market value of smart hospitals. In 2021, the global smart hospital market was valued at **** billion U.S. dollars, from which *** billion were linked to EHR and the consequent clinical workflow. According to future estimations, this market was forecast to increase in value and reach nearly ** billion U.S. dollars in 2026. The use of electronic health records in hospitals EHR systems improve the quality and efficiency of healthcare delivery and enable patients more autonomy in their treatment. In 2020, over ** percent of surveyed European clinicians used electronic health records in their practice. According to the same survey, in countries such as the Netherlands or Denmark, nearly *** practicians used EHRs. The implementation of these medical records plays a central role in the emergence of smart hospitals. Data privacy and electronic health records Although the global EHR market is projected to steadily increase in the future, EHR use still raises some issues. Indeed, an electronic health record encompasses private information on a patient that can be shared across a range of healthcare settings. Thus, it presents challenges in terms of access control to ensure data privacy and confidentiality. These risks need to be addressed through legal frameworks, optimal access controls, quality training, and standards shared across all EHR users.