Product Code: ETC4463425 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India smart hospital market import shipments demonstrated a steady expansion with a CAGR of 13.2% from 2020 to 2024. However, the growth rate between 2023 and 2024 slightly slowed to 5.6%. Overall, the market maintained positive momentum, albeit at a moderated pace towards the end of the period.
The Smart Hospital market in India involves the integration of technology and data-driven solutions to enhance healthcare services, patient care, and administrative processes. With the increasing need for efficient healthcare, India is exploring smart hospital solutions to improve healthcare access and quality.
The India Smart Hospital market is driven by the increasing demand for advanced healthcare solutions. This includes the integration of IoT devices and smart infrastructure to enhance patient care, improve operational efficiency, and streamline data management. Rising healthcare awareness, government initiatives, and the need for remote patient monitoring are major factors propelling this market`s growth.
The India Smart Hospital market faces several challenges, including the high initial investment required to implement advanced healthcare technologies, the need for training healthcare professionals to efficiently use these systems, and concerns related to data security and patient privacy in a digital healthcare environment.
The COVID-19 pandemic highlighted the importance of digital healthcare solutions and smart hospital technologies. Hospitals and healthcare facilities in India sought to improve patient care, enhance telemedicine capabilities, and ensure the safety of medical staff. The pandemic accelerated the adoption of smart hospital technologies, such as electronic health records, telehealth systems, and IoT-based patient monitoring, contributing to the growth of the smart hospital market in India.
The India Smart Hospital market sees the active involvement of key players such as Siemens Healthineers, GE Healthcare, Philips Healthcare, and Allscripts Healthcare Solutions. These companies offer advanced technologies and solutions aimed at transforming healthcare delivery. Siemens Healthineers and GE Healthcare provide innovative smart hospital solutions, while Philips Healthcare and Allscripts Healthcare Solutions contribute significantly to the digitization and enhancement of healthcare services in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Smart Hospital Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Smart Hospital Market Revenues & Volume, 2021 & 2031F |
3.3 India Smart Hospital Market - Industry Life Cycle |
3.4 India Smart Hospital Market - Porter's Five Forces |
3.5 India Smart Hospital Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 India Smart Hospital Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 India Smart Hospital Market Revenues & Volume Share, By Artificial Intelligence, 2021 & 2031F |
3.8 India Smart Hospital Market Revenues & Volume Share, By Service Rendered, 2021 & 2031F |
3.9 India Smart Hospital Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Smart Hospital Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to promote digital healthcare solutions in India |
4.2.2 Rising demand for quality healthcare services and patient-centric care |
4.2.3 Adoption of advanced technologies like IoT, AI, and telemedicine in healthcare facilities |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing smart hospital technologies |
4.3.2 Concerns regarding data security and privacy in smart hospital systems |
4.3.3 Limited availability of skilled professionals to operate and maintain smart hospital technologies |
5 India Smart Hospital Market Trends |
6 India Smart Hospital Market, By Types |
6.1 India Smart Hospital Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Smart Hospital Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 India Smart Hospital Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 India Smart Hospital Market Revenues & Volume, By Systems and Software, 2021-2031F |
6.1.5 India Smart Hospital Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Smart Hospital Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 India Smart Hospital Market Revenues & Volume, By Wired, 2021-2031F |
6.2.3 India Smart Hospital Market Revenues & Volume, By Wireless, 2021-2031F |
6.3 India Smart Hospital Market, By Artificial Intelligence |
6.3.1 Overview and Analysis |
6.3.2 India Smart Hospital Market Revenues & Volume, By Offering, 2021-2031F |
6.3.3 India Smart Hospital Market Revenues & Volume, By Technology, 2021-2031F |
6.4 India Smart Hospital Market, By Service Rendered |
6.4.1 Overview and Analysis |
6.4.2 India Smart Hospital Market Revenues & Volume, By General Services, 2021-2031F |
6.4.3 India Smart Hospital Market Revenues & Volume, By Specialty, 2021-2031F |
6.4.4 India Smart Hospital Market Revenues & Volume, By Super Specialty, 2021-2031F |
6.5 India Smart Hospital Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 India Smart Hospital Market Revenues & Volume, By Remote Medicine Management, 2021-2031F |
6.5.3 India Smart Hospital Market Revenues & Volume, By Electronic Health Record & Clinical Workflow, 2021-2031F |
6.5.4 India Smart Hospital Market Revenues & Volume, By Outpatient Vigilance, 2021-2031F |
6.5.5 India Smart Hospital Market Revenues & Volume, By Medical Connected Imaging, 2021-2031F |
6.5.6 India Smart Hospital Market Revenues & Volume, By Medical Assistance, 2021-2031F |
7 India Smart Hospital Market Import-Export Trade Statistics |
7.1 India Smart Hospital Market Export to Major Countries |
7.2 India Smart Hospital Market Imports from Major Countries |
8 India Smart Hospital Market Key Performance Indicators |
8.1 Percentage increase in the number of hospitals implementing smart technologies |
8.2 Average time taken to integrate new smart hospital solutions into existing infrastructure |
8.3 Patient satisfaction scores with the implementation of smart technologies in hospitals |
9 India Smart Hospital Market - Opportunity Assessment |
9.1 India Smart Hospital Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 India Smart Hospital Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 India Smart Hospital Market Opportunity Assessment, By Artificial Intelligence, 2021 & 2031F |
9.4 India Smart Hospital Market Opportunity Assessment, By Service Rendered, 2021 & 2031F |
9.5 India Smart Hospital Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Smart Hospital Market - Competitive Landscape |
10.1 India Smart Hospital Market Revenue Share, By Companies, 2024 |
10.2 India Smart Hospital Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |