Smart Healthcare Market Scope
Smart healthcare is the healthcare technology, which provides improved diagnosis tools and best treatment to patients. Smart Healthcare Products are RFID KanBan devices, smart tablets, RFID smart cabinets, Electronic Health Record (EHR), mHealth, smart syringes and Telemedicine.
According to AMA, the Global Smart Healthcare market is expected to see growth rate of 18.3%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Smart Healthcare market throughout the predicted period.
Abbott Laboratories (United States), Allscripts Healthcare Solutions (United States), Cerner (United States), Cisco Systems Inc. (United States), IBM Corporation (United States), Logi-Tag Systems (Netanya), McKesson Corp. (United States), Olympus Corporation (Japan), Samsung Electronics Corporation (South Korea), Siemens Medical Solutions (Germany), GENERAL ELECTRIC (United States) and Koninklijke Philips (Netherland) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Smart Healthcare market by Type (Smart Syringes, Smart Pills, Smart RFID Cabinets and Electronic Health Record) and Region with country level break-up.
On the basis of geography, the market of Smart Healthcare has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On august 2nd, 2018 Cisco has acquired Duo Security. Duo security is chief provider of unified access security. The deal was established for 2.35 billion dollars.
On March 1st, 2018, Logi-Tag Medical Systems has launched new RFID, Which includes Scan and Restock technology used for low cost-high volume medical supplies inventory management. and On 19th March 2018, Samsung India has launched the Samsung Smart Healthcare program at King George Hospital in Visakhapatnam. In this program Samsung India provide cheap and quality healthcare to patients.
Market Trend
- Government Initiation towards Adoption of Smart Care Products
Market Drivers
- Growing Demand of Smart healthcare Products
- Advance Technology Development in Diagnosis Tools
Opportunities
- Increasing Demand of IOT and Big Data in Healthcare Industry
Restraints
- Lack of Knowledge about Products
- Lack of Professionals
Challenges
- Technical Issues of Smart Care Products
Key Target Audience
Smart Healthcare Product Manufactures, Smart Healthcare Product Suppliers, Medical Research Organisations, Government Research Organisations and Private Research Organisations