According to the Goldstein Market Intelligence, the North America demand for smart healthcare products expected to grow at a CAGR of 5.1% through the forecast years 2017-2030.
As the COVID-19 pandemic storm sweeps across the nations we observe an increase in pricing and shortage of health supplies, food etc. In order to face the crisis standard institutions are upholding standards which could prove helpful and valuable against a fight with COVID-19, they involve supporting businesses and suppliers of products for example medical masks , gloves and ventilators. It has been recognized by the centre of disease control that technology can play a very important role in supporting public health responses to such outbreaks. Smart thermometers which are connected to the internet have been provided to the people to record fever at home. The fever report can be instantly being shared with the hospital though these thermometers confirm that the person has COVID-19 but the readings of the thermometer can indicate the infection. Artificial Intelligence in the hospitals help medical professions to screen the visitors and treat the infected patients. With the help of this digital technology it can monitor and manage the coronavirus more effectively.
Mature markets are the main target market for healthcare i.e. over 75% of the global spending in 2017 while developing markets are forecasted to increase their share from 25% in 2017 to 35% by 2020. Annual average growth in healthcare spending 2017-2030 is expected to value 4.90% in North America as in 2014, 48% of the US healthcare spending came from private funds with 28% coming from households and 20% coming from private businesses. The federal government accounted for 28% of spending while state and local government accounted for 17%. Most healthcare, even if publicly financed is delivered privately in Canada spent 10.20% of their GDP on healthcare.
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North America Smart Healthcare Products Market Segmentation
By Product Type
RFID Kanban Systems
RFID Smart Cabinets
Electronic Health Records
Telemedicine
mHealth
Smart Pills
Smart Syringes
By Application
Health Data Storage and Exchange
Monitoring and Treatment
Inventory Management
By End User
Hospitals & Clinics
Home Care Settings
Diagnostics Lab
Pharmacy Stores
Intended Audience
Smart Healthcare Products Suppliers
Smart Healthcare Products Manufacturers
Research and Development (R&D) Companies
Medical Research Laboratories
Diagnostic Centers
Business consultancies
Venture capitalists
Public and private health agencies
Based on Geography
The United States Smart Healthcare Products Market {Market Share (%), Market Size (USD Billion)}
Canada Smart Healthcare Products Market {Market Share (%), Market Size (USD Billion)}
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Covered in this North America Smart Healthcare Products Market Report are
“North America Smart Healthcare Products Market Forecast 2030” by Goldstein Market Intelligence contains detailed overview of North America Smart Healthcare Products Market terms of market segmentation by analysis basis, therapy type and geography. The Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis North America Smart Healthcare Products Market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Key Market Players
• Invacare Corporation
• Abbott
• AirStrip Technologies
• Agfa-Gevaert
• Alcatel-Lucent
• Apple
• AT&T
• AthenaHealth
• Epic Systems
• Evolent Health
• F. Hoffmann-La Roche
• Google
• Honeywell Life Care Solutions
• HP Enterprises Services
• Huawei Technologies
• IBM
• Johnson and Johnson
• Medtronic
• Microsoft
• Misfit
• Olympus
• OMRON
• Proteus Digital Health
• Qualcomm
• Samsung Electronics
• STANLEY Healthcare Solutions
• Voxiva
• Warby Parker
• WellDoc and Zebra Technologies.
Further, North America Smart Healthcare Products Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the North America Smart Healthcare Products Market Research also comprises of key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The report also highlights the expert analysis to provide a complete overview of the market including the PESTLE analysis of each region and country.
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