Smart Healthcare Products Market

Smart Healthcare Products Market - Size, Share,
trends, and Forecast to 2026
Smart healthcare products are technology-based products, which offers benefit of advancements
in IT hardware and software for better healthcare delivery. They are emerging set of products
with positive prospects in near future due to increasing amalgation of information technology in
health offerings services. They could save on ever-growing health care cost by imparting
operational efficiency and could bring better clinical outcome with monitoring tools such as
smart pill etc.
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Market Dynamics
Increasing number of people above age 60 worldwide leads to higher requirement of healthcare
needs with more emphasis on long term care and chronic disease care, which is one the major
drivers for growth of the market. Developed economies such as U.S. and Europe are witnessing
high number of population ageing 65 and above. According to the U.S. Census Bureau’s report
of 2017, around 47.8 million people were aged 65 and older in the U.S. in 2015 accounting for
14.9% of the total population, a 1.6 million increase from 2014. Europe is currently having
highest 65 years and above age population, which is 25% of entire population, according to the
Population Prospect Report of the United Nations published in 2017. Smart pill and smart
syringe would prove to be important smart healthcare products platform for this population.
Another important factor for growth of the smart healthcare products market would be high
technological penetration in the smart healthcare products market domain. For instance, cloudbased electronic medical record, which could be shared amongst entire healthcare stakeholders
would make entire health operation smooth and efficient.
Report includes chapters which deeply display the following deliverable about industry :
• Smart Healthcare Products Market Research Objective and Assumption
• Smart Healthcare Products Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Smart Healthcare Products Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Smart Healthcare Products Market , By Regions
• Smart Healthcare Products Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Smart Healthcare Products Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Smart Healthcare Products Market Manufacturing Cost Analysis including Key Raw Materials
and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Smart Healthcare Products Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Increasing number of geriatric population and high prevalence of chronic disease for various
parameters is expected to propel growth of the smart healthcare products market
Population across globe is slowly observing growth in median age with higher number of
people crossing age bracket of 60 and above. According to the Population Prospects Report of
United Nations published in 2017, an estimated 962 million people were aged 60 or over in the
world (13 per cent of the global population) in 2017. The population aged 60 or above is
growing at a rate of around 3% annually and it is estimated to reach 1.4 billion by 2030. Such
high number of aging population would be immensely benefitted with smart healthcare
products.
Key players operating in smart healthcare products market include Allscripts Healthcare
Solutions Inc. Medtronic, Inc., Becton Dickinson & Company, Honeywell Life Care Solutions,
AirStrip Technologies, Cerner Corporation, Stanley Healthcare, Terumo Corporation, Olympus
Corporation, and eClinicalWorks.
Detailed Segmentation:
• Global Smart Healthcare Products Market, By Product Type
• Electronic Health Record
• Smart Pill
• Smart Syringes
• RFID Systems
• Other
• Global Smart Healthcare Products Market, By Applications
• Health Data Storage
• Monitoring and Treatment
• Inventory Management
• Global Smart Healthcare Products Market, By Geography
◦ North America
◦ Europe
◦ Asia Pacific
◦ Latin America
◦ Middle East
◦ Africa
About Coherent Market Insights
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analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Smart healthcare products are technology-based products, which offers benefit of advancements in IT hardware and software for better healthcare delivery.