According to Goldstein Research, global smart healthcare products market is expected to reach USD 62.45 billion by 2025, expanding at a CAGR of 16.1% over the forecast period, 2017-2025. The growing potential of new care models like healthcare security, remote care and transforming healthcare with IoT to improve security, privacy, interoperability, and analytics for medical devices is likely to spur the growth prospects for this market. Global smart healthcare products market segmentation has been done on the basis of product type, application, end-user and geography. Based on product type, electronic health record held the largest market share in global smart healthcare products market in 2017 as this segment is envisaged to substantially increase the market share in forecast period owing to favorable government policies such as American Recovery and Reinvestment Act (ARRA). Telemedicine and mHealth is the fastest growing segment and projected to increase at the rate of 15.3% over the forecast period. Global Smart healthcare products market is dominated by North America region, expected to generate revenue of USD 22.56 billion by 2025 due to large number of incoming small and medium-sized enterprises, along with constant market consolidation efforts by the more prominent players.
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Market Segmentation
On the basis of our in-depth analysis, Global Smart Healthcare Products Market can be segmented as follows:
By Product Type
• RFID Kanban Systems
• RFID Smart Cabinets
• Electronic Health Records
• Telemedicine
• mHealth
• Smart Pills
• Smart Syringes
By Application
• Health Data Storage and Exchange
• Monitoring and Treatment
• Inventory Management
By End User
• Hospitals & Clinics
• Home Care Settings
• Diagnostics Lab
• Pharmacy Stores
By region
• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Global (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Global) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Global, New Zealand and Rest of Global) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Smart Healthcare Products Market Outlook 2024” contains detailed overview of the Smart healthcare products market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, application and end-users.
Further, for the in-depth analysis, Global Smart Healthcare Products Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as Invacare Corporation; Abbott, AirStrip Technologies, Agfa-Gevaert, Alcatel-Lucent, Apple, AT&T, AthenaHealth, Epic Systems, Evolent Health, F. Hoffmann-La Roche, Google, Honeywell Life Care Solutions, HP Enterprises Services, Huawei Technologies, IBM, Johnson and Johnson, Medtronic, Microsoft, Misfit, Olympus, OMRON, Proteus Digital Health, Qualcomm, Samsung Electronics, STANLEY Healthcare Solutions, Voxiva, Warby Parker, WellDoc, Zebra Technologies, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Global Smart healthcare products market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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