Smart Healthcare Market Size | Industry Trends & Forecast 2025

Code: MTA10367 Publication Date: Oct 2025

What is the size of Smart Healthcare Market?

According to 6Wresearch internal database and industry insights, the Global Smart Healthcare Market was valued at USD 215 Billion in 2024 and is expected to reach USD 330 Billion by 2031, growing at a compound annual growth rate of 6.30% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include rising adoption of connected healthcare devices, increasing demand for remote patient monitoring, technological advancements in IoT, AI, and telemedicine solutions, growing need for efficient healthcare delivery, and expanding healthcare infrastructure.

Key Growth Drivers of the Smart Healthcare Market

  • Rising adoption of IoT-enabled devices and wearable health monitors
  • Growing demand for remote patient monitoring and telemedicine solutions
  • Improvements in AI, cloud computing, and analytics through technology
  •  Additional funding is going into smart hospitals and digitizing healthcare.
  •  Concentrate on enhancing operational efficiency and patient outcomes.
  •  More connected devices and electronic health records are being used together.

Smart Healthcare Market Trends

Smart Healthcare Market is witnessing strong growth with trends such as the adoption of AI-driven diagnostics and predictive analytics for patient care. Wearable devices and connected health monitoring systems are gaining popularity. Telehealth and remote patient management solutions are expanding rapidly. Integration of cloud-based platforms and mobile applications for healthcare delivery is increasing.

Hospitals and clinics are adopting smart medical devices for real-time monitoring and workflow optimization. Data-driven decision-making and predictive maintenance of medical equipment are emerging trends. Personalized healthcare solutions using digital technologies are gaining traction.

Emerging Developments in the Smart Healthcare Market

Smart Healthcare Market is evolving with advancements in AI, IoT, and telehealth technologies. Market has observed increasing R&D in wearable devices, remote monitoring systems, and AI-enabled diagnostics. People are working on making platforms that work with each other so that devices, patients, and providers can all connect.

The technology companies are working with healthcare providers. The market is growing due to the growth of smart hospital infrastructure and digital health solutions. More people are paying attention to cybersecurity and data privacy for connected devices. Adoption is being driven by ongoing improvements in remote care solutions, patient engagement, and predictive analytics.

List of Leading Companies in the Smart Healthcare Market

Some of the leading companies include:

  • Philips Healthcare
  • Siemens Healthineers
  • GE Healthcare
  • Medtronic plc
  • Cerner Corporation
  • Allscripts Healthcare Solutions
  • Honeywell Life Care Solutions

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