North America Smart Healthcare Market Size & Outlook
North America smart healthcare market, 2018-2030 (US$M)
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North America smart healthcare market highlights
- The North America smart healthcare market generated a revenue of USD 62,096.4 million in 2023.
- The market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, mhealth was the largest revenue generating product in 2023.
- RFID Kanban Systems is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 62,096.4 million |
| Market revenue in 2030 | USD 131,016.2 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth |
| Fastest growing segment | RFID Kanban Systems |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RFID Kanban Systems, RFID Smart Cabinets, Electronic Health Records (EHR), Telemedicine, MHealth, Smart Pills, Smart Syringes |
| Key market players worldwide | Airstrip Technologies, Allscripts Healthcare, Apple Inc, AT&T, Brooks Automation, Oracle Corp, Cisco Systems Inc, GE HealthCare Technologies Inc Common Stock, Covidien, International Business Machines Corp, McKesson Corp, Olympus Corp, Samsung Electronics Co Ltd, Siemens Healthineers AG ADR, Solstice Medical, TwinBin, LogiTag, Pepperl+Fuchs, InnerSpace, Wurth Group |
Other key industry trends
- In terms of revenue, North America region accounted for 37.4% of the global smart healthcare market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 108,269.0 million by 2030.
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Smart Healthcare Market Scope
Smart Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America smart healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart healthcare market will help companies and investors design strategic landscapes.
Mhealth was the largest segment with a revenue share of 37.4% in 2024. Horizon Databook has segmented the North America smart healthcare market based on rfid kanban systems, rfid smart cabinets, electronic health records (ehr), telemedicine, mhealth, smart pills, smart syringes covering the revenue growth of each sub-segment from 2018 to 2030.
North America is expected to maintain its dominance over the forecast period. The major factor contributing to the growth of this region is consistent upgrades in healthcare & IT infrastructure and increased adoption of cloud computing in healthcare.
Furthermore, availability of infrastructure with high digital literacy coupled with policies that support the adoption of healthcare information technology by payers and healthcare providers is expected to boost the market growth.
Factors such as rapid growth in the use of smartphones, advancements in coverage networks, growth in prevalence of chronic diseases, and increase in geriatric population are expected to drive mHealth technology & solutions in North America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America smart healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into North America smart healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America smart healthcare market size, by country, 2018-2030 (US$M)
North America Smart Healthcare Market Outlook Share, 2024 & 2030 (US$M)
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