The Smart Hospitals market represents a dynamic intersection of healthcare and technology, where advanced digital solutions and data-driven strategies are employed to enhance patient care, streamline operations, and improve overall efficiency within healthcare facilities. In 2022, the global market for Smart Hospitals reached a valuation of USD 55 Billion and is anticipated to achieve a substantial expansion, reaching USD 434.0 Billion by 2032, driven by a notable compound annual growth rate (CAGR) of 23.6%. Smart Hospitals integrate cutting-edge technologies such as IoT, AI, data analytics, and automation to provide enhanced patient experiences, efficient medical processes, and improved clinical outcomes.
