June 20, 2024

US Smart Healthcare Market Size to Reach USD 244.4 Bn By 2033

The US smart healthcare market size accounted for US$ 59.31 billion in 2023 and is projected to reach around USD 244.4 billion by 2033, growing at a CAGR of 14.98% from 2024 to 2033.

Smart Healthcare Market Size in the US 2024 to 2033

Key Points

  • By product type, the telemedicine segment dominated the market in 2023.
  • By product type, the mHealth segment is growing at a faster rate during the forecast period.

Report Summary

The global US smart healthcare market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the US smart healthcare market across the globe.

A comprehensive estimate on the US smart healthcare market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of US smart healthcare during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized US smart healthcare market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

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Market Players

The report includes the profiles of key US smart healthcare market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Recent Developments

  • In August 2023, Philadelphia’s Jefferson Health and Nashville’s Vanderbilt University Medical Center introduced virtual nursing programs to enhance treatment delivery and lessen administrative workloads.
  • In April 2023, Bosch BASF Smart Farming and AGCO Corporation have announced today that they will work together to create new features and incorporate Smart Spraying technology into Fendt Rogator sprayers for commercialization.
  • In March 2023, Eli Lilly & Company said that the prices of its most prescribed insulins would be reduced by 70% and that the Insulin Value Program, which sets patient out-of-pocket expenses at $35 or less per month, would be expanded. Lilly is taking these steps to help Americans who might struggle to navigate a complicated healthcare system that might prevent them from accessing inexpensive insulin and to make Lilly insulin more accessible.

US Smart Healthcare Market Companies

  • Allscripts
  • Cerner Corporation
  • Cisco Systems
  • IBM Corporation
  • BD
  • AirStrip
  • eClinicalWorksResideo Technologies, Inc.

Segments Covered in the Report

By Product Type

  • RFID Kanban Systems
  • RFID Smart Cabinets
  • Electronic Health Records (EHR)
  • Telemedicine
  • mHealth
  • Smart Pills
  • Smart Syringes

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.


Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on US Smart Healthcare Market

5.1. COVID-19 Landscape: US Smart Healthcare Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: U.S. Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape List of Suppliers List of Buyers

Chapter 8. US Smart Healthcare Market, By Product Type

8.1. US Smart Healthcare Market, by Product Type, 2023-2032

8.1.1. RFID Kanban Systems Market Revenue and Forecast (2020-2032)

8.1.2. RFID Smart Cabinets Market Revenue and Forecast (2020-2032)

8.1.3. Electronic Health Records (EHR) Market Revenue and Forecast (2020-2032)

8.1.4. Telemedicine Market Revenue and Forecast (2020-2032)

8.1.5. mHealth Market Revenue and Forecast (2020-2032)

8.1.6. Smart Pills Market Revenue and Forecast (2020-2032)

8.1.7. Smart Syringes Market Revenue and Forecast (2020-2032)

Chapter 10. Company Profiles

10.1. Allscripts

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Cerner Corporation

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Cisco Systems

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives


10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. IBM Corporation

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. BD

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. AirStrip

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. eClinicalWorksResideo Technologies, Inc.

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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