The global smart healthcare market is expected to reach $225.54B by 2022, according to a report by Radiant Insights.
Here are seven points:
1. Inventory management systems like RFID KanBan and RFID smart cabinets will contribute to the growth of the market.
2. Smart syringes, smart pills and smart bandages help diagnose gastrointestinal diseases and infection spread minimization.
3. mHealth will probably grow the fastest with 40 percent growth over the time period. More chronic diseases and smart phone penetration rates will lead to this outcome.
4. Electronic health records proved to be the largest product segment for revenue, estimated at $19.5 billion in 2014.
5. North America held the largest smart healthcare regional market in 2014.
6. The Asia pacific market is expected to grow quickly as more advanced healthcare facilities are developed.
7. Cisco, IBM, Olympus Corp., GE Healthcare, AT&T, Apple, Samsung, Logi-Tech, Wurth Group, AirStrip Technologies, Allscripts Healthcare Solutions, Pepperl+Fuchs and Given Imaging are all major players in the market.
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