In a recent published report, Kenneth Research has updated the Middle East and Africa Smart Hospital Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Middle East and Africa Smart Hospital Market products.
Get a Sample PDF of report-https://www.kennethresearch.com/sample-request-10084392
According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
Middle East and Africa smart hospital market (2018-2023)
In the Middle East and Africa, digital technology in healthcare is quite at a initial stage. In this region, UAE has the maximum level of adoption of technology in healthcare industry. In this, paperless health care system is used that collects patient data and analyses it, also AI helps in assisting doctors with the intelligent diagnosis. Health apps and wearables are very likely to incorporate smart hospitals in this market. The region has many doctors and medical experts moved in from different countries to providing better medical services to the patients. According to Netscribes, the Middle East and Africa smart hospital market is expected to have a significant compound annual growth rate (CAGR) of 12.89% and reach a market size of USD 2.11 Bn by 2023.
Some parts of Africa still has to grow economically in order to build the infrastructure required for smart hospitals. Due to the rising mobile and internet facility, health apps have gained speed. South Africa part has started adopting some of the offerings of smart hospitals like artificial intelligence (AI), electronic health record and remote medicine, etc.
The Middle East and Africa smart hospital market is bifurcated on the basis of product (smart pills, mHealth, telemedicine, electronic health record and others), application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), and artificial intelligence (offering and technology). The technologies used are AI, cloud computing, radio frequencies identification, wearable technologies, zigbee technologies, internet of things (IoT) and others. This region includes Africa, Saudi Arabia and the United Arab Emirates as majorly contributing countries.
Key growth factors
In the Middle East and Africa, the UAE already has started building some smart hospitals, thereby motivating the digital healthcare in other regions. Government initiatives have also increased the growth of smart hospitals. The investors investing in medical services is another boosting factor for the growth of smart hospitals in the Middle East. The African region is on the verge of adopting the IoT as mobile devices have taken the popularity amongst people.
To Understand How Covid-19 Impact Is Covered in This Report – Get a Sample PDF of report Enquire before purchasing this report –https://www.kennethresearch.com/sample-request-10084392
Threats and key players
Despite improvements, cost constraint is one of the biggest issues faced in the healthcare sector in Africa. The economic condition of the country remains challenging for smart hospital market and adds considerable pressure to the government and it ultimately affects the future spending on health care. So, the overall growth of smart hospital facilities may be hindered.
The major players in the smart hospital market are Microsoft, GE Healthcare, Qualcomm Life, Philips, SAP, Siemens, Medtronic, STANLEY Healthcare, Cerner Corporation, Honeywell Life Care Solution etc.
What’s covered in the report?
1. Overview of the Middle East and Africa smart hospital market.
2. Historical, current and forecasted market size data for smart pills, mHealth, telemedicine, electronic health record and others.
3. Historical, current and forecasted market size data for remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance.
4. Historical, current and forecasted market size data for offering and technology.
5. Historical, current and forecasted country-wise (Africa, Saudi Arabia and UAE) market size data for Africa, Saudi Arabia and the UAE smart hospital market segments by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology)
6. Market trends in the Middle East and Africa smart hospital market.
7. Qualitative analysis of the key drivers and challenges affecting the Middle East and Africa smart hospital market and its segments by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology)
8. Analysis of the competitive landscape and profiles of major players operating in the market
Why buy?
1. Get a broad understanding of the Middle East and Africa smart hospital market.
2. Get country-specific market size and observations for the Middle East and Africa smart hospital market and its segments by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology)
3. Get specific trends, drivers and challenges for the Middle East and Africa smart hospital market and its segments by product (smart pills, mHealth, telemedicine, electronic health record and others), by application (remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging and medical assistance), by artificial intelligence (offering and technology)
4. Recognize major competitors’ business and market dynamics, and respond accordingly
Customizations Available
With the given market data, Kenneth Research offers customizations according to specific needs. Write to us at sales@kennethresearch.com.
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
For More Reports:
Asia-Pacific Pharmacy Automation Systems Market
Europe Pharmacy Automation Systems Market
North America Pharmacy Automation Systems Market
Entertainment and Leisure Robots Market
About Kenneth Research:
Rated as one of the best multi-client reselling agencies, Kenneth Research provides a single platform for insights on numerous industries for investors and companies who are willing to expand their business. The platform caters to industries that include Healthcare and Pharmaceuticals, Chemicals, ICT and Telecom, Energy and Power, Automotive and Transportation, and several others, and offers the best strategic business consultancy services at a global level.
Contact Us
Name: Kenneth research
Email:sales@kennethresearch.com
Phone: +1 313 462 0609
