Global Smart Hospitals Industry: Key Statistics and Insights in 2025-2033

Summary:

• The global smart hospital market  size reached USD 62.01 Billion in 2024.
• The market is expected to reach USD 287.89 Billion by 2033, exhibiting a growth rate CAGR of 17.67% during 2025-2033.
• North America leads the market, accounting for the largest smart hospitals market share.
• Services (professional services and managed services) holds the majority of the market share in the product segment. 
• Telemedicine dominates the smart hospitals industry.
• General services remain the biggest segment in the market, driven by their broad application across various hospital functions.
• Wireless {Wi-Fi, radio frequency identification (RFID), Bluetooth, Zigbee, near field communication (NFC), and others} represents the leading connectivity segment.
• Based on the technology, the market has been divided into artificial intelligence, internet of things, cloud computing, big data, and others.
• Electronic health record and clinical workflow leads the market owing to their ability to streamline patient data management and improve clinical efficiency.
• The growing need for efficient resource management is a primary driver of the smart hospitals market.
• The rising demand for personalized patient care and the integration of internet of things (IoT) and artificial intelligence (AI) are reshaping the smart hospitals market.

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Industry Trends and Drivers:

• Integration of internet of things (IoT) and artificial intelligence (AI):

IoT gadgets, such as health wearables, smart beds, and medication dispensers, offer precise patient data. This helps in monitoring and spotting complications early. AI plays a key role by sorting through this data and finding patterns. These patterns help make forecasts. They guide healthcare providers in spotting possible health issues. Combining traditional care methods with data techniques speeds up decision-making. This reduces the need for human intervention. Organizations using AI to automate tasks also boost productivity. They handle repetitive tasks like administration and supply chain management. With IoT and AI, smart hospitals focus on quality care and efficiency. This is essential due to the growing demand for effective healthcare solutions in our advancing world.

• Rising demand for personalized patient care:

Outcome-based care is now a must in healthcare. This demand pressures hospitals to adopt smart infrastructure for patient-centered care. Smart hospitals use EHRs, wearables, and genetic data. This helps improve health management and treatment. This approach improves patient satisfaction and treatment effectiveness. Each patient's health is unique. Pharmacogenomics helps personalize treatment using predictive analytics and patient data. This leads to better therapy adherence, fewer side effects, and faster recovery. Additionally, consumer preferences are shifting. Healthcare organizations are focusing on patient-centered care, creating more chances for specialized services.

• Growing need for efficient resource management:

Sound resource management is vital in today’s healthcare organizations. Rising operating costs, workforce shortages, and proper patient flow all drive this need. Smart hospitals use AI systems to manage resources, maintenance, and supply chains. Machine learning-based scheduling systems can predict resource needs. They also allocate medical staff effectively. This ensures that capacities meet demand. Smart inventory management systems help with stock control. They notify administrators when medicines or equipment are low, prompting timely refills. Facility automation systems can also manage lighting, temperature, and energy use. This approach makes operations more environmentally friendly and lowers operating costs. These efficiencies enable smart hospitals to improve services while monitoring expenses. This is crucial for healthcare providers facing pressure to deliver quality care on tight budgets.

We explore the factors driving the growth of the market, including technological advancements, consumer behaviors, and regulatory changes, along with emerging smart hospitals market trends.

Smart Hospitals Market Report Segmentation:

Breakup By Component:

• Hardware
  • Stationary Medical Devices
  • Implanted Medical Devices
  • Wearable External Medical Devices
  • Others
• Software
• Services
  • Professional Services
  • Managed Services

Services (professional services and managed services) exhibit a clear dominance in the market, driven by their ability to cover essential aspects like system integration, maintenance, and support critical for smart hospital operations.

Breakup By Product:

• mHealth
• Telemedicine
• Smart Pills
• Electronic Health Record
• Others

Telemedicine represents the largest segment accredited to its ability to provide remote healthcare access, especially valuable in enhancing patient reach and reducing in-hospital visits.

Breakup By Service Offered:

• General Services
• Specialty
• Super Specialty

General services hold the biggest market share attributed to their broad application across various hospital functions.

Breakup By Connectivity

• Wireless
  • Wi-Fi
  • Radio Frequency Identification (RFID)
  • Bluetooth
  • Zigbee
  • Near Field Communication (NFC)
  • Others
• Wired

Wireless {Wi-Fi, radio frequency identification (RFID), Bluetooth, Zigbee, near field communication (NFC), and others} accounts for the majority of the market share, as it enables flexible and real-time data exchange, essential for mobile devices and remote monitoring systems in smart hospitals.

Breakup By Technology:

• Artificial Intelligence
• Internet of Things
• Cloud Computing
• Big Data
• Others

Based on the technology, the market has been divided into artificial intelligence, internet of things, cloud computing, big data, and others.

Breakup By Application:

• Remote Medicine Management
• Electronic Health Record & Clinical Workflow
• Outpatient Vigilance
• Medical Connected Imaging
• Medical Assistance
• Others

Electronic health record and clinical workflow hold the biggest market share owing to their ability to streamline patient data management and improve clinical efficiency.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America dominates the market due to advanced healthcare infrastructure, high adoption of digital health technologies, and strong investment in smart hospital initiatives.

Top Smart Hospitals Market Leaders:

The smart hospitals market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Adheretech Inc.
• Capsule Technologies, Inc. (Francisco Partners)
• Cerner Corporation
• GE Healthcare Inc. (General Electric Company)
• Intel Corporation
• Koninklijke Philips N.V.
• McKesson Corporation
• Medtronic, Inc. (Medtronic Public Limited Company)
• Microsoft Corporation
• SAP SE
• Siemens Healthineers AG (Siemens Aktiengesellschaft)
• STANLEY Healthcare (Stanley Black & Decker Inc.)

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