Key Companies Covered in the Germany Smart Healthcare Market Research Report Are GE Healthcare, Siemens Healthineers AG, Abbott, Olympus Corporation, Resideo Technologies Inc., Cisco, IBM, Cerner Corporation, Allscripts Healthcare Solutions, Inc. and other key market players.

Pune, Nov. 11, 2020 (GLOBE NEWSWIRE) -- The Germany smart healthcare market size is expected to reach USD 33.09 billion by 2027, exhibiting a CAGR of 21.9% during the forecast period. The robust government support in Germany along with technological advancement are factors expected to boost the growth of the market, states Fortune Business Insights, in a report. The market size stood at USD 6.87 billion in 2019.

KEY INDUSTRY DEVELOPMENTS:

• May 2020 – Resideo Technologies announced the up-gradation of LifeStream v5.7 and Genesis Touch v3.8 with text messaging and video scheduling features

• October 2019 – Cerner announced the launch of a new cognitive health platform, EHR training framework.

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Growing Adoption of Telemedicine and mHealth to Boost Market

The increasing acceptance of various technologies such as mHealth and telemedicine by the German population will have a tremendous impact on the global market. The ongoing alternations in legislation are expected to boost the expansion of digital health platforms. Moreover, favorable reimbursement policies for digital health solutions will simultaneously create opportunities for the market.

The increasing awareness about various advantages of new technologies in healthcare such as greater accessibility, efficient treatment, disorder management, and cost-effectiveness will have an excellent effect on the market during the forecast period. Also, the emerging number of companies in healthcare will favor the healthy growth of the market.

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Significant Demand for Smart Healthcare to Propel Market During Coronavirus

The coronavirus pandemic has had an outstanding impact on the healthcare IT markets such as smart healthcare, medical devices, and pharmaceuticals. The stringent government norms regarding healthcare procedures have steered concentration on telemedicine and mHealth.

The increasing digitalization and need for virtual healthcare assistance have accelerated the demand for smart healthcare amid covid-19. Moreover, favorable government policies and initiatives regarding the adoption of smart healthcare will further bolster the growth of the market during the pandemic.

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Expansion Plans of Prominent Companies to Strengthen Business

The ongoing strategies of Cerner, and Resideo Technologies Inc to expand its presence in Germany will incite lucrative business. For instance, the German Government’s mandate of an EHR for all the individuals under the statutory health insurance (SHI). In September 2019, there were an estimated 1,379 health technology start-ups in Germany.

This includes InterComponentWare (ICW), eGym, Ada, Clue, and Freeletics. The emerging companies in healthcare, telemedicine, and mHealth will bolster the healthy growth of the market. Similarly, the emerging players are focused on strategic collaborations with established players to strengthen their footprint in the German market.

List of Main Companies in the Germany Smart Healthcare Market:

• GE Healthcare (General Electric Company) (Chicago, U.S.)

• Siemens Healthineers AG (Siemens Healthcare GmbH) (Munich, Germany)

• Abbott (Lake Bluff, U.S.)

• Olympus Corporation (Tokyo, Japan)

• Resideo Technologies Inc. (Austin, U.S.)

• Cisco (San Jose, U.S.)

• IBM (Armonk, U.S.)

• Cerner Corporation (Kansas City, U.S.)

• Allscripts Healthcare Solutions, Inc. (Chicago, U.S.)

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Table of Contents:

• Introduction

  • Research Scope

  • Market Segmentation

  • Research Methodology

  • Definitions and Assumptions

• Executive Summary

• Market Dynamics

  • Market Drivers

  • Market Restraints

  • Market Opportunities

• Key Insights

  • Prevalence of Chronic Diseases in Germany

  • Regulatory and Reimbursement Scenario

  • Key Industry Developments - Partnerships, Mergers & Acquisitions

  • Technological Advancements in Smart Healthcare

  • New Product Launch (by Major Players)

• Germany Smart Healthcare Market Analysis, Insights and Forecast, 2016-2027

  • Key Findings / Summary

  • Market Analysis, Insights and Forecast – By Product

    • Electronic Health Record

    • Smart Medication Delivery

    • Telemedicine

    • RFID Systems

    • mHealth

    • Others

  • Market Analysis, Insights and Forecast – By Application

    • Health Data Storage

    • Monitoring and Treatment

    • Inventory Management

    • Others

  • Market Analysis, Insights and Forecast – By End User

    • Hospitals

    • Homecare Settings

    • Others

• Competitive Analysis

• • Germany Market Share Analysis (2019)

  • Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))

• • • GE Healthcare

    • Siemens Healthcare GmbH

    • Abbott

    • Olympus Corporation

    • Resideo Technologies Inc.

    • Cisco

    • IBM

    • Cerner Corporation

• • • Allscripts Healthcare Solutions, Inc.

TOC Continued….!

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SECONDARY RESEARCH IS CONDUCTED TO DERIVE THE FOLLOWING INFORMATION:

• Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies

• Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.

• Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility

• Number of procedures and average price of procedures

• Replacement rate and pricing of capital equipment

• Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities

• Market & technological trends, new product developments, product pipeline.

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mHealth Apps Market Share & Industry Analysis, By App Type (Disease & Treatment Management, Wellness Management, Others), By Application (Monitoring Services, Fitness Solutions, Diagnostic Services, Treatment Services, Others), By Operating System Type (Google Play Store, Apple App Store, Others) and Regional Forecast, 2019-2026

Telehealth Market Share and Global Trend By Type (Products, Services), By Application (Telemedicine, Patient Monitoring, Continuous Medical Education, Others), By Modality (Store-and-forward (Asynchronous), Real-time (Synchronous), Remote Patient Monitoring), By End User (Healthcare Facilities, Homecare, Others), and Geography Forecast till 2026

Telemedicine Market Share and Global Trend By Type (Products, Services), By Application (Teleradiology, Telepathology, Teledermatology, Telepsychiatry, Telecardiology, Others), By Modality (Store-and-forward (Asynchronous) , Real-time (Synchronous), Others) and Geography Forecast till 2026

Electronic Health Records (EHR) Market Share & Industry Analysis, By Product (Web-based, On-premise), By Type (Stand Alone, Integrated) By End User (Physician’s Office, Hospitals, Others) and Regional Forecast, 2019-2026

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