Smart Hospitals: Technologies, Global Adoption & Market Forecasts 2021-2026

• Smart Hospital Ecosystem Analysis: An insightful analysis of the key technologies underpinning the smart hospital concept; covering 9 key segments:
  • Electronic Health Records
  • Clinical Workflow Management
  • Asset Tracking
  • Private Cellular Networks
  • Remote Patient Monitoring
  • Computer-aided Diagnostics
  • Surgical Robotics
  • Connected Ambulances
  • Healthcare Chatbots
• Regional Analysis: An all-encompassing exploration of global smart hospital adoption, covering:
  • Supporting Health Initiatives & Population Pressures
  • Existing Smart Hospital Efforts
  • Growth Prospects
• Juniper Research Leaderboard: 15 players offering smart hospital solutions and products compared, scored, and positioned on the Juniper Research Leaderboard, including:
  • Allscripts
  • Apple
  • Cerner
  • Epic
  • GYANT
  • Haltian
  • Hospital IQ
  • Intuitive Surgical
  • Kaa
  • Medtronic
  • Microsoft
  • Philips Healthcare
  • QliqSOFT
  • Thales
  • Zyter
• Benchmark Industry Forecasts: Our forecasts for market size and growth, including number of smart hospitals, number of smart devices deployed in smart hospitals, and total capital and operational spend on smart healthcare solutions by smart hospitals, split by the following 25 countries:
  • Argentina
  • Australia
  • Brazil
  • Canada
  • China
  • Colombia
  • Denmark
  • India
  • France
  • Germany
  • Italy
  • Japan
  • Mexico
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Saudi Arabia
  • South Africa
  • Singapore
  • South Korea
  • Spain
  • Sweden
  • UK
  • US

1. What are the primary technologies underlying smart hospital deployments?
2. How can smart hospitals optimise patient care delivery and the fulfilment of providers’ strategic objectives?
3. Which countries have adopted smart hospitals and if so, to what extent?
4. Who are the key vendors in the smart hospitals space?
5. What is the long-term outlook for the smart hospitals market?

Interviewed: Thales, Zyter.
 
 
Included in Juniper Research Competitor Leaderboard: Allscripts, Apple, Cerner, Epic, GYANT, Haltian, Hospital IQ, Intuitive Surgical, Kaa, Medtronic, Microsoft, Philips Healthcare, QliqSOFT, Thales, Zyter.
 
Mentioned: Aalborg Universitetshospital, AbleVets, Academisch Ziekenhuis Maastricht, Addenbrooke's Hospital, Agaplesion Markus Krankenhaus, Akademiska Sjukhuset, Akershus Universitetssykehus, Amazon, Amsterdam UMC, Anhui Provincial Hospital, Avenu Medical, Baxter Ventures, Baystate Health, BioTelemetry, Birmingham Children's Hospital, Blackstone Life Sciences, BOE Hefei Digital Hospital, Boston Medical Center, Capsule Technologies, CarePort Health, Carestream Health, Cedars-Sinai Medical Center, Cerner, Changi General Hospital, CHRISTUS Health, Cleveland Clinic, Cloudbreak Health, Cognizant, Commure, Companion Medical, CompuGroup Medical, CPSI, Curo Health Services, CommonWell Health Alliance, CyberVision, Dassault Aviation, Deloitte, Digital Surgery, Edward‑Elmhurst Health, Elligo Health Research, Empathic Building, EPSi, Erasmus Medisch Centrum, Facebook, Florida Blue, Fortis Memorial Research Institute, Foxconn, Gleneagles Hospital, Google, Grande Ospedale Metropolitano Niguarda, Hackensack Meridian Health, Health First, Health Velocity Capital, Herlev Hospital, Hôpital Claude-Huriez, Hôpital Européen Georges Pompidou, Hôpital Henri-Mondor, Hospital General Universitario Gregorio Marañón, Hospital IQ, Hospital Israelita Albert Einstein, Hospital Sirio Libanes, Hospital Universitari Vall d'Hebron, Hospital Universitario Marqués de Valdecilla, IBM, Intact Vascular, Intel, Istituto Giannina Gaslini, John Hopkins Hospital, Kameda Medical Center, Kantar Group, Karolinska Universitetssjukhuset, Keio University Hospital, Kindred, King Abdulaziz Medical City, Klinikum der Universität München, Kyruus, Lankenau Heart Institute, Lindström, Mackenzie Richmond Hill Hospital, Main Line Health, Mandaya Hospital Group, Max Super Speciality Hospital Saket, MD Anderson Cancer Center, Medicrea, Medisanté, MercyOne Des Moines, MLK Community Healthcare, Mount Sinai Hospital, Mouwasat Hospital, MVP Health Care, Nokia, Northwell Health, Nuance Communications, Orpheus Medical, Osaka University Hospital, Oslo Universitetssykehus, Ospedale Pediatrico Bambino Gesù di Roma, Peter MacCallum Cancer Centre, RamSoft, Reflections Healthcare, Revo Health, Rigado, Rigshospitalet København, Royal Adelaide Hospital, Royal Melbourne Hospital, Samsung Medical Center, Sensoria Health, Seoul National University Hospital, Sharp Healthcare, SpaceX, St. Olavs Hospital, Stanford Children’s Health, Stimgenics, Tan Tock Seng Hospital, The US Department of Veterans Affairs, TietoEVRY, T-Mobile, U-blox, UC Davis Medical Center, UnitedHealthcare, Universitätsklinikum Hamburg-Eppendorf, University College Hospital, University of Montreal Health Centre, University of Washington, US Oncology Network, Vancouver General Hospital, Viamed, Vignet, WELL Health, Wing Venture, Wirepas, WL Gore, Wuhan Wuchang Hospital, Xealth, Zipnosis.
 
 

Juniper Research’s Smart Hospitals forecast suite includes:

• 5-year benchmark forecasts for:
  • Number of Smart Hospitals
  • Number of Smart Devices Deployed in Smart Hospitals
  • Total Capital Spend on Smart Healthcare Solutions by Smart Hospitals
  • Total Operational Spend on Smart Healthcare Solutions by Smart Hospitals
  • Total Spend on Smart Healthcare Solutions by Smart Hospitals
• Access to the full set of forecast data of 21 tables and over 7,700 datapoints
• Interactive Excel Scenario tool allowing users to manipulate Juniper Research’s data for 6 different metrics

Geographical splits: 25 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.

The smart hospitals market will be worth $59 billion by 2026, up from $29 billion in 2021; representing an average annual growth of 15%.

• The US and China are leading global smart hospital adoption; accounting for $17 billion of market value in 2021. This is the result of digital healthcare initiatives implemented in light of the COVID-19 pandemic, alongside high levels of existing digitalisation within their respective healthcare infrastructure.
• The US and China will grow to account for over 60% of global smart hospital spending by 2026. It is anticipated that these countries’ pre-existing smart hospital services allied with the formulation of favourable reimbursement structures, will provide an ideal basis for further smart hospital roll-outs.
• However, the need for pre-existing digital infrastructure such as electronic health records will limit smart hospital roll-outs to developed regions. As a result, it anticipated that Latin America, Africa, and the Middle East will represent less than 5% of global smart hospital spending by 2026.
• A current lack of interoperability between devices and platforms has resulted in a high degree of fragmentation that will require regulatory intervention on a country-level basis.
• Vendor lock-in and high investment requirements are the most prevalent issues for healthcare providers in adopting smart hospital services. At a time when healthcare industries are still feeling the impacts of the global pandemic, the long-term benefits of smart hospital services must be demonstrated to foster confidence in these services’ ability to secure a return on investment.