Europe Smart Healthcare Market Size & Outlook, 2024-2030

The smart healthcare market in Europe is expected to reach a projected revenue of US$ 109,725.6 million by 2030. A compound annual growth rate of 12.7% is expected of Europe smart healthcare market from 2025 to 2030.
Revenue, 2024 (US$M)
$53,093.3
Forecast, 2030 (US$M)
$109,725.6
CAGR, 2025 - 2030
12.7%
Report Coverage
Europe

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Europe smart healthcare market, 2018-2030 (US$M)

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Europe smart healthcare market highlights

  • The Europe smart healthcare market generated a revenue of USD 46,537.5 million in 2023.
  • The market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
  • In terms of segment, telemedicine 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, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 46,537.5 million
Market revenue in 2030USD 109,934.7 million
Growth rate13.1% (CAGR from 2023 to 2030)
Largest segmentTelemedicine
Fastest growing segmentRFID Kanban Systems
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRFID Kanban Systems, RFID Smart Cabinets, Electronic Health Records (EHR), Telemedicine, MHealth, Smart Pills, Smart Syringes
Key market players worldwideAirstrip 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, Europe region accounted for 28.1% 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 segmentation & scope
RFID Kanban Systems
RFID Smart Cabinets
Web-based EHR
Client-server Based EHR
Hardware
Software
Others
Monitoring Services
Diagnosis Services
Healthcare Systems Strengthening
Others
Smart Pills
Smart Syringes
Hospitals
Home Care Settings
Others

Smart Healthcare Market Companies

Name Profile # Employees HQ Website
Wurth Group View profile 10001+ Künzelsau, Baden-Wurttemberg, Germany, Europe https://www.wuerth.de/web/de/awkg/kontakt/kontakt.php
InnerSpace View profile 11-50 Toronto, Ontario, Canada, North America http://www.innerspace.io
Pepperl+Fuchs View profile 5001-10000 Mannheim, Baden-Wurttemberg, Germany, Europe http://www.pepperl-fuchs.com
TwinBin View profile 11-50 Whalley, Lancashire, United Kingdom, Europe https://twinbin.com
Solstice Medical View profile 11-50 Columbia City, Indiana, United States, North America http://solsticemedical.com
Covidien View profile 10001+ Dublin, Dublin, Ireland, Europe http://www.covidien.com
Brooks Automation View profile 1001-5000 Chelmsford, Massachusetts, United States, North America http://www.brooks.com
LogiTag View profile 11-50 Netanya, HaMerkaz, Israel, Asia http://www.logi-tag.com/
Airstrip Technologies View profile 101-250 San Antonio, Texas, United States, North America http://www.airstrip.com/
AT&T View profile 10001+ Dallas, Texas, United States, North America https://www.att.com
Allscripts Healthcare View profile - -
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
McKesson Corp View profile 51000 6555 State Highway 161, Irving, TX, United States, 75039 https://www.mckesson.com
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
Olympus Corp View profile 33629 Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 http://www.olympus.co.jp
Siemens Healthineers AG ADR View profile 71400 Siemensstr. 3, Forchheim, BY, Germany, 91301 https://www.siemens-healthineers.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
GE HealthCare Technologies Inc Common Stock View profile 51000 500 West Monroe Street, Chicago, IL, United States, 60661 https://www.gehealthcare.com
Apple Inc View profile 161000 One Apple Park Way, Cupertino, CA, United States, 95014 https://www.apple.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Europe 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.


Telemedicine was the largest segment with a revenue share of 38.82% in 2024. Horizon Databook has segmented the Europe 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.


The presence of developed economies such as Germany, the UK, France, Spain, & Italy is expected to fuel market growth in Europe during the forecast period. The Digital Single Market Strategy by the European Commission offers consumers and businesses with access to online services & goods across 

Europe, thereby providing necessary conditions for the growth of digital network and allied services, which is expected to maximize the growth potential of the European economy.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smart healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe smart healthcare market size, by country, 2018-2030 (US$M)

Europe Smart Healthcare Market Outlook Share, 2024 & 2030 (US$M)

Europe smart healthcare market size, by country, 2018-2030 (US$M)

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