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Smart Healthcare Products Market by Product Type (Smart Syringe, Electronic Health Record, RFID System, Smart Pill, and Others) and by Application (Health Data Storage, Inventory Management, and Monitoring and Treatment): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024

Published Date: 28-Dec-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3680 Status : Published

Global smart healthcare products market expected to generate around USD 66.7 billion by 2024, at a CAGR of around 9.5% between 2018 and 2024. Smart healthcare products improve outcomes related to diagnostic tools and enhance patient treatment along with improving their quality of life.

Description

The report covers a forecast and an analysis of the smart healthcare products market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the smart healthcare products market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the smart healthcare products market on a global and regional level.

In order to give the users of this report a comprehensive view of the smart healthcare products market, we have included a competitive landscape and an analysis of Porter’s Five Forces model. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Smart Healthcare Products Market

The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the smart healthcare products market on a global and regional basis.

The study provides a decisive view of the smart healthcare products market by segmenting the market based on product type, application, and region. The segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on product type, the smart healthcare products market includes a smart syringe, electronic health record, RFID system, smart pill, and others. The application segment is divided into health data storage, inventory management, and monitoring and treatment.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further divided into major countries including the U.S. Canada, Germany, France, UK, China, Japan, India, and Brazil.

Some key players of the smart healthcare products market include Medtronic, Inc., Allscripts Healthcare Solutions, Inc., Honeywell Life Care Solutions, Becton, Dickinson & Company, AirStrip Technologies, Inc., Terumo Corporation, Cerner Corporation, Olympus Corporation, eClinicalWorks, and Stanley Healthcare, among others.

This report segments the global smart healthcare products market into:

Global Smart Healthcare Products Market: By Product Type

  • Smart Syringe
  • Electronic Health Record
  • RFID System
  • Smart Pill
  • Others

Global Smart Healthcare Products Market: By Application

  • Health Data Storage
  • Inventory Management
  • Monitoring and Treatment

Global Smart Healthcare Products Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Smart Healthcare Products market, 2017-2024(USD Billion)
    • 2.2. Global Smart Healthcare Products market: Snapshot
  •  
  • Chapter 3. Smart Healthcare Products Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global Smart Healthcare Products market drivers: Impact analysis
      • 3.2.2. The growing incidence of chronic diseases
      • 3.2.3. Rapid technological development in healthcare products
    • 3.3. Market Restraints
      • 3.3.1. The high cost associated with smart healthcare products
      • 3.3.2. Lack of awareness related to smart healthcare products
    • 3.4. Opportunities
      • 3.4.1. Rapid improvements in healthcare IT
      • 3.4.2. Growing home healthcare monitoring trend
    • 3.5. Porter's Five Forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. The threat from new entrants
      • 3.5.4. The threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by product type
      • 3.6.2. Market attractiveness analysis, by application
  •  
  • Chapter 4. Global Smart Healthcare Products Market - Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global Smart Healthcare Products market: company market share, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development, and Regional Expansion
  •  
  • Chapter 5. Global Smart Healthcare Products Market - Product Type Analysis
    • 5.1. Global Smart Healthcare Products market: Product Type overview
      • 5.1.1. Global Smart Healthcare Products market revenue share, by Product Type, 2017 and 2024
    • 5.2. Smart Syringe
      • 5.2.1. Global Smart Healthcare Products market for Smart Syringe, 2017 - 2024(USD Billion)
    • 5.3. Electronic Health Record
      • 5.3.1. Global Smart Healthcare Products market for Electronic Health Record, 2017 - 2024(USD Billion)
    • 5.4. RFID System
      • 5.4.1. Global Smart Healthcare Products market for RFID System, 2017 - 2024 (USD Billion)
    • 5.5. Smart Pill
      • 5.5.1. Global Smart Healthcare Products market for Smart Pill, 2017 - 2024 (USD Billion)
    • 5.6. Others
      • 5.6.1. Global Smart Healthcare Products market for Others, 2017 - 2024 (USD Billion)
  •  
  • Chapter 6. Global Smart Healthcare Products Market - Application Analysis
    • 6.1. Global Smart Healthcare Products market: Application overview
      • 6.1.1. Global Smart Healthcare Products market revenue share, by Application, 2017 and 2024
    • 6.2. Health Data Storage
      • 6.2.1. Global Smart Healthcare Products market for Health Data Storage, 2017 - 2024 (USD Billion)
    • 6.3. Inventory Management
      • 6.3.1. Global Smart Healthcare Products market for Inventory Management, 2017 - 2024 (USD Billion)
    • 6.4. Monitoring and Treatment
      • 6.4.1. Global Smart Healthcare Products market for Monitoring and Treatment, 2017 - 2024 (USD Billion)
  •  
  • Chapter 7. Global Smart Healthcare Products Market - Regional Analysis
    • 7.1. Global Smart Healthcare Products market: Regional overview
      • 7.1.1. Global Smart Healthcare Products market revenue share, by region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
      • 7.2.2. North America Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.2.3. The U.S.
        • 7.2.3.1. The U.S. Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.2.3.2. The U.S. Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.2.4. Canada
        • 7.2.4.1. Canada Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.2.4.2. Canada Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.2.5. Rest of North America
        • 7.2.5.1. Rest of North America Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.2.5.2. Rest of North America Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
      • 7.3.2. Europe Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.3.3. Germany
        • 7.3.3.1. Germany Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.3.3.2. Germany Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.3.4. UK
        • 7.3.4.1. UK Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.3.4.2. UK Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.3.5. France
        • 7.3.5.1. France Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.3.5.2. France Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.3.6. Italy
        • 7.3.6.1. Italy Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.3.6.2. Italy Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.3.7. Spain
        • 7.3.7.1. Spain Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.3.7.2. Spain Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.3.8. Russia
        • 7.3.8.1. Russia Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.3.8.2. Russia Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.3.9. Rest of Europe
        • 7.3.9.1. Rest of Europe Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.3.9.2. Rest of Europe Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
      • 7.4.2. Asia Pacific Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.4.3. China
        • 7.4.3.1. China Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.4.3.2. China Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.4.4.2. Japan Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.4.5. India
        • 7.4.5.1. India Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.4.5.2. India Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.4.6. Australia
        • 7.4.6.1. Australia Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.4.6.2. Australia Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.4.7. Rest of Asia Pacific
        • 7.4.7.1. Rest of Asia Pacific Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.4.7.2. Rest of Asia Pacific Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
      • 7.5.2. Latin America Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.5.3.2. Brazil Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.5.4. Mexico
        • 7.5.4.1. Mexico Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.5.4.2. Mexico Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.5.5. Argentina
        • 7.5.5.1. Argentina Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.5.5.2. Argentina Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.5.6. Rest of Latin America
        • 7.5.6.1. Rest of Latin America Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
        • 7.5.6.2. Rest of Latin America Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa Smart Healthcare Products market revenue, by Product Type, 2017 - 2024(USD Billion)
      • 7.6.2. The Middle East and Africa Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.6.3. Saudi Arabia
        • 7.6.3.1. Saudi Arabia Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.6.3.2. Saudi Arabia Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.6.4. UAE
        • 7.6.4.1. UAE Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.6.4.2. UAE Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.6.5. South Africa
        • 7.6.5.1. South Africa Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.6.5.2. South Africa Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.6.6. Qatar
        • 7.6.6.1. Qatar Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.6.6.2. Qatar Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
      • 7.6.7. Rest of the Middle East and Africa
        • 7.6.7.1. Rest of the Middle East and Africa Smart Healthcare Products market revenue, by Product Type, 2017 - 2024 (USD Billion)
        • 7.6.7.2. Rest of the Middle East and Africa Smart Healthcare Products market revenue, by Application, 2017 - 2024 (USD Billion)
  •  
  • Chapter 8. Company Profile
    • 8.1. Medtronic, Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Therapy portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Allscripts Healthcare Solutions, Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Therapy portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Honeywell Life Care Solutions
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Therapy portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Becton, Dickinson & Company
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Therapy portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. AirStrip Technologies, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Therapy portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Terumo Corporation
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Therapy portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Cerner Corporation
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Therapy portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Olympus Corporation
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Therapy portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. eClinicalWorks
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Therapy portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Stanley Healthcare
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Therapy portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

Methodology

Free Analysis

Smart healthcare integrates technology with healthcare systems and services. Internet of Things (IoT) has enabled healthcare providers to attain improved healthcare for patients. Smart healthcare products improve outcomes related to diagnostic tools and enhance patient treatment along with improving their quality of life. Smart healthcare products, such as smart syringes, electronic health record, RFID system, and smart pills, are gaining popularity due to their multiple advantages. According to the WHO, in 2017, about 40 million deaths were due to chronic ailments, i.e., 70% deaths worldwide.

The rising incidence of chronic ailments, escalating geriatric population, rapid technological developments related to healthcare products for targeted treatment of patients, integration of smart technology within healthcare products, increasing adoption of intelligent technologies, favorable government programs to advance the healthcare setup, and high penetration of smartphone are likely to drive the smart healthcare products market development across the globe in the upcoming years. Rapid improvements witnessed related to healthcare IT, growing home healthcare monitoring trend, increasing the need for active healthcare monitoring, and huge investments made by key players in the research and development of new products are projected to create more growth opportunities in the smart healthcare products market. However, the high cost of smart healthcare products, lack of awareness about smart healthcare products, the need for extensive training to operate these devices, poor internet connectivity in developing regions might restrict the smart healthcare products market globally in the future.

Global Smart Healthcare Products Market

The global smart healthcare products market has been segmented into product type, application, and region. Based on product type, the smart healthcare products market has been segmented into the smart syringe, electronic health record, RFID system, smart pill, and others. The electronic health record is likely to hold a major market share in the estimated timeframe due to the increasing adoption of EHR. The application segment is divided into health data storage, inventory management, and monitoring and treatment.

Based on region, this global market is classified into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The North American smart healthcare products market is likely to emerge as the prominent region in the forecast time period. This can be attributed to the rapid technological development in healthcare products and the presence of key market players in the region. Europe is anticipated to be the second largest smart healthcare products market, due to the rising geriatric population and growing home healthcare monitoring trend.

Some key players of the smart healthcare products market include Medtronic, Inc., Allscripts Healthcare Solutions, Inc., Honeywell Life Care Solutions, Becton, Dickinson & Company, AirStrip Technologies, Inc., Terumo Corporation, Cerner Corporation, Olympus Corporation, eClinicalWorks, and Stanley Healthcare, among others.

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