Smart Healthcare Market Analysis by Product (RFID Kanban Systems, RFID Smart Cabinets, Electronic Health Records/EHR, Telemedicine, mHealth, Smart Pills, Smart Syringes) And Segment Forecasts To 2022

Published: May, 2015 | Pages: 84 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

Global smart healthcare market is expected to reach USD 225.54 Billion by 2022. Rapid technological advancements in healthcare IT is expected to remain a key driving factor of the global smart healthcare market over the forecast period. Growing implementation of inventory management systems such as RFID KanBan and RFID smart cabinets aimed at curbing inventory costs and ensure appropriate logistics management is expected to boost the growth of the smart healthcare market. Development of smart syringes, smart pills and smart bandages which enable remote monitoring of patients, help in diagnosing gastrointestinal diseases and infection spread minimization and remote monitoring of healing processes is expected to strengthen the platform for future market growth. On the other hand, high capital investments and poor awareness levels among consumers are some challenges faced by manufacturers.

mHealth is expected to register the fastest growth of over 40.0% over the forecast period. Key factors likely to drive segment growth include rapidly increasing incidence rates of chronic diseases, increasing smart phone penetration rates and heightening need to ensure improved healthcare outcomes.

Further key findings from the study suggest:

Electronic health record (EHR) emerged as the largest product segment in terms of revenue and was estimated at over USD 19.50 billion in 2014. Implementation of the American Recovery and Reinvestment Act (ARRA) and HITECH Act is expected to make significant contributions towards segment growth. Key feature of HITECH Act includes the provision of USD 64,000 per year to healthcare practitioners adopting EHR systems.
North America was the largest smart healthcare regional market in 2014. Presence of favorable government initiatives in the form of HITECH Act providing allowances to healthcare practitioners is one of the major factors expected to drive regional market growth. Presence of sophisticated IT infrastructure enabling easy implementation of advanced healthcare facilities is also expected to boost market growth over the forecast period.
Asia Pacific is expected to grow at a considerable pace over the forecast period owing to growing penetration of advanced healthcare facilities and rapidly evolving mobile & IT infrastructure. Increasing awareness among consumers pertaining to novel healthcare technologies such as telemedicine, mHealth and EHR is expected to further complement regional market growth.
Key players operating in the smart healthcare market include Cisco, IBM, Olympus Corp., GE Healthcare, AT&T Inc., Apple Inc., Samsung Electronics, Logi-Tag, Wurth Group, AirStrip Technologies Inc., Allscripts Healthcare Solutions Inc., Pepperl+Fuchs and Given Imaging Inc.
For the purpose of this study, Grand View Research has segmented the smart healthcare market on the basis of product, and region:

Global Smart Healthcare Product Outlook (Revenue, USD Million, 2014 - 2022)

RFID KanBan systems
RFID smart cabinets
Electronic Health Records (EHR)
Client-server based
Web-based
Telemedicine
Hardware
Connectivity and network
Others
mHealth
Monitoring services
Diagnosis services
Healthcare systems
Others
Smart pills
Smart syringes
Smart Healthcare Regional Outlook (Revenue, USD Million, 2014 - 2022)

North America
U.S.
Canada
Europe
Germany
UK
Asia Pacific
China
Japan
India
MEA
South Africa
Latin America
Brazil
Mexico

 Table of Contents

Chapter 1. Methodology and Scope
               1.1. Research methodology
               1.2. Research Scope & Assumptions
               1.3. List of Data Sources
Chapter 2. Executive Summary
               2.1. Smart Healthcare - Industry Summary and Buying Criteria, 2012 - 2022
Chapter 3. Smart Healthcare Industry Outlook
               3.1. Smart Healthcare Market Segmentation
               3.2. Smart Healthcare Market Size and Growth Prospects
               3.3. Smart Healthcare Market Dynamics
                   3.3.1. Market Driver Analysis
                   3.3.2. Market Restraint Analysis
               3.4. Key Opportunities Prioritized
               3.5. Industry Analysis - Porter's
               3.6. Smart Healthcare Company Market Share, 2014 
               3.7. Smart Healthcare Market PESTEL Analysis, 2014
Chapter 4. Smart Healthcare Product Outlook
               4.1. Smart Healthcare Market Share By Product, 2014 & 2022
               4.2. RFID KanBan Systems
                   4.2.1. RFID KanBan Systems Market Estimates and Forecasts, 2012 - 2022 (USD Million)
               4.3. RFID Smart Cabinets
                   4.3.1. RFID Smart Cabinets Market Estimates and Forecasts, 2012 - 2022 (USD Million)
               4.4. Electronic Health Records (EHR) 
                   4.4.1. EHR Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.4.2. Client-Server Based Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.4.3. Web-Based Market Estimates and Forecasts, 2012 - 2022 (USD Million)
               4.5. Telemedicine
                   4.5.1. Telemedicine Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.5.2. Hardware Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.5.3. Connectivity & Network Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.5.4. Others Market Estimates and Forecasts, 2012 - 2022 (USD Million)
               4.6. mHealth
                   4.6.1. mHealth Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.6.2. Monitoring Services Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.6.3. Diagnosis Services Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.6.4. Healthcare Systems Strengthening Services Market Estimates and Forecasts, 2012 - 2022 (USD Million)
                   4.6.5. Others Market Estimates and Forecasts, 2012 - 2022 (USD Million)
               4.7. Smart Pills
                   4.7.1. Smart Pills Market Estimates and Forecasts, 2012 - 2022 (USD Million)
               4.8. Smart Syringes
                   4.8.1. Smart Syringes Market Estimates and Forecasts, 2012 - 2022 (USD Million)
Chapter 5. Smart Healthcare Regional Outlook
               5.1. Smart Healthcare Market Share By Region, 2014 & 2022
               5.2. North America
                   5.2.1. North America Market Estimates and Forecasts, by Product, 2012 - 2022 (USD Million)
                       5.2.1.1. U.S. Market Estimates and Forecasts
                       5.2.1.2. Canada Market Estimates and Forecasts
               5.3. Europe 
                   5.3.1. Europe Market Estimates and Forecasts, by Product, 2012 - 2022 (USD Million)
                       5.3.1.1. Germany Market Estimates and Forecasts
                       5.3.1.2. UK Market Estimates and Forecasts
               5.4. Asia Pacific
                   5.4.1. Asia Pacific Market Estimates and Forecasts, by Product, 2012 - 2022 (USD Million)
                       5.4.1.1. China Market Estimates and Forecasts
                       5.4.1.2. Japan Market Estimates and Forecasts
                       5.4.1.3. India Market Estimates and Forecasts
               5.5. Latin America
                   5.5.1. Latin America Market Estimates and Forecasts, by Product, 2012 - 2022 (USD Million)
                       5.5.1.1. Mexico Market Estimates and Forecasts
                       5.5.1.2. Brazil Market Estimates and Forecasts
               5.6. MEA
                   5.6.1. MEA Market Estimates and Forecasts, by Product, 2012 - 2022 (USD Million)
                       5.6.1.1. South Africa Market Estimates and Forecasts
Chapter 6. Competitive Landscape 
               6.1. IBM
                   6.1.1. Company Overview
                   6.1.2. Financial Performance
                   6.1.3. Product Benchmarking
                   6.1.4. Strategic Initiatives
               6.2. Cisco
                   6.2.1. Company Overview
                   6.2.2. Financial Performance
                   6.2.3. Product Benchmarking
                   6.2.4. Strategic Initiatives
               6.3. Given Imaging, Inc.
                   6.3.1. Company Overview
                   6.3.2. Financial Performance
                   6.3.3. Product Benchmarking
                   6.3.4. Strategic Initiatives
               6.4. Olympus Corporation
                   6.4.1. Company Overview
                   6.4.2. Financial Performance
                   6.4.3. Product Benchmarking
                   6.4.4. Strategic Initiatives
               6.5. Logi-Tag
                   6.5.1. Company Overview
                   6.5.2. Financial Performance
                   6.5.3. Product Benchmarking
                   6.5.4. Strategic Initiatives
               6.6. Brooks Automation
                   6.6.1. Company Overview
                   6.6.2. Financial Performance
                   6.6.3. Product Benchmarking
                   6.6.4. Strategic Initiatives
               6.7. Stanley Innerspace
                   6.7.1. Company Overview
                   6.7.2. Financial Performance
                   6.7.3. Product Benchmarking
                   6.7.4. Strategic Initiatives
               6.8. Solstice Medical LLC
                   6.8.1. Company Overview
                   6.8.2. Financial Performance
                   6.8.3. Product Benchmarking
                   6.8.4. Strategic Initiatives
               6.9. GE Healthcare
                   6.9.1. Company Overview
                   6.9.2. Financial Performance
                   6.9.3. Product Benchmarking
                   6.9.4. Strategic Initiatives
               6.10. Siemens Medical Solutions
                   6.10.1. Company Overview
                   6.10.2. Financial Performance
                   6.10.3. Product Benchmarking
                   6.10.4. Strategic Initiatives
               6.11. McKesson Corp.
                   6.11.1. Company Overview
                   6.11.2. Financial Performance
                   6.11.3. Product Benchmarking
                   6.11.4. Strategic Initiatives
               6.12. Allscripts Healthcare Solutions
                   6.12.1. Company Overview
                   6.12.2. Financial Performance
                   6.12.3. Product Benchmarking
                   6.12.4. Strategic Initiatives
               6.13. Samsung Electronics Corporation
                   6.13.1. Company Overview
                   6.13.2. Financial Performance
                   6.13.3. Product Benchmarking
                   6.13.4. Strategic Initiatives
               6.14. AirStrip Technologies Inc.
                   6.14.1. Company Overview
                   6.14.2. Financial Performance
                   6.14.3. Product Benchmarking
                   6.14.4. Strategic Initiatives
               6.15. Apple Inc.
                   6.15.1. Company Overview
                   6.15.2. Financial Performance
                   6.15.3. Product Benchmarking
                   6.15.4. Strategic Initiatives
               6.16. AT&T Inc.
                   6.16.1. Company Overview
                   6.16.2. Financial Performance
                   6.16.3. Product Benchmarking
                   6.16.4. Strategic Initiatives
               6.17. Cerner Corporation
                   6.17.1. Company Overview
                   6.17.2. Financial Performance
                   6.17.3. Product Benchmarking
                   6.17.4. Strategic Initiatives
               6.18. Siemens Medical Solutions
                   6.18.1. Company Overview
                   6.18.2. Financial Performance
                   6.18.3. Product Benchmarking
                   6.18.4. Strategic Initiatives
               6.19. Pepperl+Fuchs
                   6.19.1. Company Overview
                   6.19.2. Financial Performance
                   6.19.3. Product Benchmarking
                   6.19.4. Strategic Initiatives
               6.20. Hurst Green Plastics Ltd.
                   6.20.1. Company Overview
                   6.20.2. Financial Performance
                   6.20.3. Product Benchmarking
                   6.20.4. Strategic Initiatives
               6.21. Bollhoff Group
                   6.21.1. Company Overview
                   6.21.2. Financial Performance
                   6.21.3. Product Benchmarking
                   6.21.4. Strategic Initiatives
               6.22. Wurth Group
                   6.22.1. Company Overview
                   6.22.2. Financial Performance
                   6.22.3. Product Benchmarking
                   6.22.4. Strategic Initiatives
               6.23. Brooks Automation
                   6.23.1. Company Overview
                   6.23.2. Financial Performance
                   6.23.3. Product Benchmarking
                   6.23.4. Strategic Initiatives
               6.24. LogTag
                   6.24.1. Company Overview
                   6.24.2. Financial Performance
                   6.24.3. Product Benchmarking
                   6.24.4. Strategic Initiatives
               6.25. Stanley Innerspace
                   6.25.1. Company Overview
                   6.25.2. Financial Performance
                   6.25.3. Product Benchmarking
                   6.25.4. Strategic Initiatives                             


List of Tables
TABLE 1 Smart healthcare - Market Outlook, 2014 - 2022 
TABLE 2 Global smart healthcare market, by product, 2014 - 2022, (USD Million) 
TABLE 3 Global smart healthcare market, by region, 2014 - 2022, (USD Million) 
TABLE 4 Smart healthcare - Key market driver analysis
TABLE 5 Smart healthcare - Key market restraint analysis 
TABLE 6 North America smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 7 U.S. smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 8 Canada smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 9 Europe smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 10 Germany smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 11 UK smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 12 Asia Pacific smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 13 China smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 14 Japan smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 15 India smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 16 MEA smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 17 South Africa smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 18 Latin America smart healthcare market, by product, 2012 - 2022 (USD Million) 
TABLE 19 Brazil smart healthcare market, by product, 2012 - 2022 (USD Million)
TABLE 20 Mexico smart healthcare market, by product, 2012 - 2022 (USD Million)


List of Figures
FIG. 1 Smart healthcare: Market Segmentation 
FIG. 2 Global smart healthcare Market Revenue, (USD Million), 2014 - 2022 
FIG. 3 Smart healthcare: Market Dynamics 
FIG. 4 Key Opportunities Prioritized 
FIG. 5 Smart healthcare - Porter's Analysis 
FIG. 6 Smart healthcare - PESTEL Analysis
FIG. 7 Smart healthcare market share, by product, 2014 & 2022 
FIG. 8 Global RFID KanBan systems market, 2012 - 2022 (USD Million) 
FIG. 9 Global RFID smart cabinets market revenue, 2012 - 2022 (USD Million)
FIG. 10 Global (EHR) market revenue, 2014 - 2022 (USD Million)
FIG. 11 Global Telemedicine market revenue, 2014 - 2022 (USD Million)
FIG. 12 Global mHealth market revenue, 2014 - 2022 (USD Million)
FIG. 13 Global smart pills market revenue, 2014 - 2022 (USD Million)
FIG. 14 Global smart syringes market revenue, 2014 - 2022 (USD Million)
FIG. 15 Smart healthcare market share by region, 2014 & 2022 
FIG. 16 North America smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 17 U.S. smart healthcare market, 2014 - 2022 (USD Million) 
FIG. 18 Canada smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 19 Europe smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 20 Germany smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 21 UK smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 22 Asia Pacific smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 23 China smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 24 Japan smart healthcare market, 2012 - 2022 (USD Million)
FIG. 25 India smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 26 MEA smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 27 South Africa smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 28 Latin America smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 29 Brazil smart healthcare market, 2012 - 2022 (USD Million) 
FIG. 30 Mexico smart healthcare market, 2012 - 2022 (USD Million)