The hospital capacity management solutions market is slated to reach a value of $99 million by the end of 2020 according to Future Market Insight's (FMI) recent report. Management solutions, such as real time location systems (RTLS) and cloud-based monitoring, help to increase hospitals’ operational efficiency. The demand for these technologies has increased drastically since the outbreak of COVID-19.
Read MoreBy 2025, 10 percent of hospitals across the globe will become or will have started implementations to become smart hospitals. Frost & Sullivan’s market research, “Future of Smart Hospitals,” projects significant market growth and billions of dollars in revenues for four key segments, including: pharmacy automation, mobile asset tracking, data analytics and cloud computing
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