APAC’s hospital sees rapid adoption of smart tech | Healthcare Asia Magazine

APAC’s hospital sees rapid adoption of smart tech

The market in China is tipped to grow at a CAGR of around 26% in 2020-2028.

Asia Pacific’s smart hospitals market is projected to grow at a CAGR of 25.28% from 2020 to 2028, boosted by a growing adoption of smart technologies in hospitals, backed by the need for quality healthcare services, according to a report from Research and Markets.

A rising government expenditure in the healthcare sector, and the ramping up of investments from the private players for advancements in the healthcare industry are also expected to drive the growth of the market.

Amongst all the countries in the Asia Pacific, the market in China registered the largest market share of about 51% in 2019 and is expected to grow with a CAGR of around 26% during the forecast period.

This is attributed to the country’s rising population rate, along with the need for improving the existing healthcare setting in the nation.

The market is segmented on the basis of technology into artificial intelligence (AI), wearable technology, blockchain, augmented reality, radio frequency identification (RFID), and others. Out of these segments, AI is projected to hold the largest market share in 2021.

Factors such as the benefits associated with artificial intelligence technology in the healthcare setting, such as optimization of clinical productivity, enhancement of diagnosis, and others, are anticipated to drive the growth of the AI segment.

Follow the links for more news on

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


CHI accelerates the development and adoption of health tech firm innovations
The Centre for Healthcare Innovation invests $2.4m (US1.8m) to set a framework that can test the safety of market-ready innovations.
Catholic Medical Center trailblazing big data and AI adoption in Korean healthcare
Its flagship Seoul St. Mary’s Hospital leads the seamless integration of cutting-edge technology across CMC’s eight affiliate hospitals.
OUE Healthcare poised to capture foreign patient demand for specialist care services
The healthcare group recently partnered with three medical specialist groups including two leading respiratory and cardiothoracic surgery specialist practices.
iClaim boosts Thailand’s health insurance claims in 10 seconds
IT expert Piyawat Maneenual sets up a game-changing platform that allows data transfer from hospitals to insurance companies in real-time.