BASINGSTOKE, England, Oct 26 (Bernama-BUSINESS WIRE) — A new study by Juniper Research has found that 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 concept of the smart hospital includes healthcare providers leveraging advanced analytics, connected devices, and healthcare platforms to improve care, productivity, and operational efficiency.
The new report Smart Hospitals: Technologies, Global Adoption & Market Forecasts 2021-2026, identified the US and China as leading smart hospital adopters; accounting for $17 billion of market value in 2021. It highlighted digital healthcare initiatives implemented in light of the COVID-19 pandemic and high levels of existing digitalisation within healthcare infrastructure as key to these countries’ positions as leaders.