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Smart Hospital Market worth $246.17 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Aug. 14, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global smart hospital market is projected to reach USD 246.17 billion by 2032 from USD 134.69 billion in 2026, at a CAGR of 10.6% during the forecast period. 

Browse 150 market data Tables and 70 Figures spread through 270 Pages and in-depth TOC on ‘Smart Hospital Market – Global Forecast to 2032’

Smart Hospital Market Size & Forecast:

Market Size Available for Years: 2022–20322026 Market Size: USD 134.69 billion2032 Projected Market Size: USD 246.17 billionCAGR (2026–2032): 10.6%

Smart Hospital Market Trends & Insights:

Asia Pacific is expected to dominate the smart hospital market with a share of ~32.3% in terms of value in 2032.By offering, the hardware segment is expected to register the highest share during the forecast period.By deployment mode, the cloud-based segment is expected to record the highest CAGR of ~20.6% during the forecast period.By connectivity technology, the Wi-Fi segment is expected to record the highest CAGR of ~18.7% during the forecast period.By technology, the artificial intelligence & machine learning segment is expected to register the highest CAGR during the forecast period.By application, the remote patient monitoring segment is expected to register to register the highest CAGR of ~15.9% during the forecast period.By end user, the hospitals (public/private) segment is expected to dominate the market during the forecast period.Siemens Healthcare AG, GE Healthcare Technologies Inc., Koninklijke Philips N.V., FUJIFILM Holdings Corporation, and Canon Inc. were identified as star players in the smart hospital market due to their strong market share and extensive product footprint.Zebra Technologies and Schneider Electric SE, among others, have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging market leaders in the smart hospital market.

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The key factor propelling the growth of the smart hospital market is the increasing adoption of digital healthcare technologies and the rising demand for efficient, connected, and patient-centric hospital operations. Hospitals are increasingly deploying AI, IoMT, cloud computing, advanced connectivity, and automation to improve clinical decision-making, patient monitoring, workflow efficiency, and resource utilization. Furthermore, the integration of smart technologies such as AI-enabled analytics, real-time patient monitoring, predictive maintenance, digital health platforms, and connected medical devices is significantly enhancing operational efficiency while reducing administrative workload. The growing demand for scalable, interoperable, and secure healthcare infrastructure, coupled with increasing investments in hospital modernization and digital health initiatives, continues to drive growth in the global smart hospital market.

Based on offering, the software segment will register the highest CAGR in the smart hospital market during the forecast period

The software segment is projected to register the highest CAGR in the smart hospital market during the forecast period, driven by increasing adoption of digital healthcare platforms, AI-enabled applications, and integrated hospital information systems. Smart hospital software is widely used across electronic health records, hospital information systems, clinical decision support, laboratory and radiology information systems, asset management, AI analytics, workforce management, and cybersecurity, where efficient data management and connected workflows are essential. The ability of software platforms to integrate clinical and operational information, support real-time decision-making, automate administrative processes, and improve resource utilization makes them increasingly important across modern healthcare facilities. Increasing adoption of cloud-based platforms, IoMT, AI and machine learning, remote patient monitoring, and interoperable healthcare systems is further accelerating software deployment. The growing need for scalable and centralized digital infrastructure, coupled with increasing investments in hospital modernization and digital health transformation, is expected to strengthen demand for smart hospital software globally.

Cloud computing segment to account for a significant share of the smart hospital market, by technology, during the forecast period

The cloud computing segment is expected to account for a significant share of the smart hospital market during the forecast period due to its widespread use in healthcare environments requiring scalable data management, centralized access, and flexible digital infrastructure. Cloud computing is extensively deployed across electronic health records, hospital information systems, AI analytics, telemedicine, patient engagement, and IoMT applications, where efficient storage, data sharing, and interoperability are essential. Its scalability, remote accessibility, and ability to support high-volume healthcare data make cloud computing suitable for a broad range of clinical and administrative applications. The growing adoption of AI-enabled healthcare connected medical devices, remote monitoring, and digital health platforms is further strengthening demand for cloud infrastructure. Additionally, increasing investments in hospital digitalization and integrated healthcare systems are accelerating the deployment of cloud-based technologies.

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Asia Pacific to account for largest market share during the forecast period

Asia Pacific is expected to account for the largest share of the smart hospital industry during the forecast period, driven by rapid healthcare digitalization, expanding hospital infrastructure, and increasing investments in AI, IoMT, cloud computing, and connected healthcare technologies across major economies such as China, India, Japan, South Korea, Singapore, and Australia. The region has a strong focus on smart healthcare initiatives, electronic health records, telemedicine, AI-enabled diagnostics, and hospital automation, which are significantly supporting market growth. Increasing patient volumes, aging populations, healthcare workforce constraints, and the need to improve operational efficiency are further driving adoption. Additionally, growing investments in digital health infrastructure, advanced connectivity, remote patient monitoring, and data-driven healthcare systems are strengthening the smart hospital market across the Asia Pacific.

Major companies operating in the smart hospital companies includes as Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), GE HealthCare (US), Oracle (US), Epic Systems Corporation (US), Medtronic (Ireland), Cisco (US), Microsoft (US), Honeywell International Inc. (US), and Schneider Electric (France).

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3M Board Declares Quarterly Dividend

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ST. PAUL, Minn., Aug. 14, 2026 /PRNewswire/ — The 3M Company Board of Directors (NYSE: MMM) today declared a dividend on the company’s common stock of $0.78 per share for the third quarter of 2026. The dividend is payable Sept. 11, 2026, to shareholders of record at the close of business on Aug. 24, 2026.

3M has paid dividends to its shareholders without interruption for more than 100 years.

About 3M

3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.  

Investor Contact:

Diane Farrow 
612-202-2449

Media Contact:
3Mnews@mmm.com 

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Tripmasters Launches Senior-Friendly Europe Vacations

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New customizable vacation packages pair the freedom of independent European travel with private chauffeured transfers and thoughtfully planned itineraries

SILVER SPRING, Md., Aug. 14, 2026 /PRNewswire/ — Tripmasters, a pioneer in flexible, independent multi-destination vacations, has launched a new collection of Senior-Friendly Europe Vacation Packages, designed to simplify travel planning, making adventures safer, more affordable, comfortable, and fun!

Travel is taking center stage in retirement. A recent survey reported by Yahoo Finance found that 67% of Americans planning for or already in retirement named travel as their top retirement goal, while 51% said they were more concerned about running out of healthy years to travel than running out of money. The findings point to a growing desire among retirees to make the most of their active years by prioritizing meaningful travel experiences and checking more destinations off their bucket list.

“Retirement is the perfect time to finally explore the destinations you’ve always wanted to see, but planning a multi-destination trip can sometimes feel overwhelming,” said Rafael Checa, CEO at Tripmasters. “We created our Senior-Friendly Europe vacations for travelers who still have a passion for discovering new places but want a simpler, more comfortable way to do it, taking care of the more complicated logistics while giving the travelers the freedom to explore Europe independently and at their own comfortable pace.” 

Independent Travel, Made Easier

Unlike traditional escorted tours, Tripmasters’ Senior-Friendly Europe packages allow travelers to maintain control over their vacation. The collection is particularly well-suited for travelers who appreciate:

Private chauffeured transfers between select destinationsFewer complicated transportation connections and less time navigating unfamiliar stationsIndependent itineraries without the schedules and crowds of a traditional group tourAccessible Hotel Options with features such as elevators, step-free access, accessible rooms, and convenient locations.Customizable hotels, activities, and lengths of stayThe convenience of having major vacation components organized in one placeA Balance of Independence and Support – travelers get the freedom of planning their own European adventure while having some of the more complicated details professionally arranged.

Ready to explore Europe your way? Discover Tripmasters’ Senior-Friendly Europe Vacation Packages and start customizing a journey designed around your pace, preferences, and travel style. Our experienced travel professionals help you customize your itinerary, select destinations, and choose the accommodations and experiences that best fit each trip.

A Company Rooted in Trust and Credibility

Founded in 1984, Tripmasters.com is a leader in customizable, multi-destination travel. With a pioneering online platform, Tripmasters empowers travelers to design flexible, personalized itineraries across Europe, Asia, the Americas, Canada, the Pacific, and beyond. Whether planning a romantic getaway, a family adventure, or a luxury escape, customers can choose from thousands of destinations, mix and match flights, hotels, and activities, and build trips with up to 12 cities, all in one seamless booking process. Tripmasters combines the convenience of technology with expert customer support to deliver exceptional value and unforgettable travel experiences. Its long-standing credibility is supported by:

4.8-star average rating on TrustpilotA+ rating with the Better Business Bureau (BBB)IATA and ARC certificationsFlexible payment options, Affirm, PayPal, and major credit cardsStaggered payment plans designed to help travelers budget with confidenceExperienced travel professionals available to help customize and plan every step of your journey

Follow Tripmasters:
Instagram: https://www.instagram.com/tripmasterstravel
Facebook: https://www.facebook.com/tripmasterstravel
YouTube: https://www.youtube.com/@TripmastersTravel
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Media Contact: Stephanie Merrithew, smerrithew@tripmasters.com

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Agentic AI Initiatives Stall When Prototypes Lack Production Discipline, Says Info-Tech Research Group

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Organizations that successfully design agentic AI prototypes often stall at implementation, with many enterprises struggling to move agents from design concept to working prototype. Info-Tech has published a new blueprint, Develop Your Agentic AI Prototype, that provides a five-phase methodology to help teams engineer reproducible, observable, and defensible agentic AI prototypes with the guardrails, observability, and evaluations leaders need to make confident scaling decisions.

ARLINGTON, Va., Aug. 14, 2026 /PRNewswire/ — As interest and experimentation in agentic AI continue to accelerate, many organizations are finding that the gap between a promising design and a working, evidence-generating prototype is wider than expected. New findings from Info-Tech Research Group reveal that in order to produce evidence of solution feasibility, viability, and security, agentic AI prototypes require sound architecture, observability, evaluation, cost controls, guardrails, and governance built into the engineering process from the start.

To help organizations move from concept to implementation, the global research and advisory firm has released Develop Your Agentic AI Prototype, a technical blueprint designed for teams that are ready to engineer agentic AI prototypes. The framework provides a structured pathway for transforming agentic AI concepts into measurable, investment-ready systems that leadership can confidently assess and scale.

As organizations race to capitalize on agentic AI opportunities, many teams encounter implementation barriers that prevent promising concepts from advancing beyond isolated demos. Fragile demos often fail when exposed to real-world conditions, cannot scale beyond individual developer environments, or lack the performance evidence required to justify additional investment. According to Info-Tech’s analysis, building sustainable agentic AI systems requires new engineering patterns to address hurdles such as environmental fragility, invisible costs, security gaps, and what the firm describes as “evaluation theater,” when a demo is treated as a meaningful evaluation.

“Organizations have discovered that building an impressive agentic AI demo is relatively easy, but engineering a system that is observable, reliable, secure, and defensible is a very different challenge entirely,” says Meagan Peters, senior research analyst at Info-Tech Research Group. “The organizations that succeed will be the ones that treat agentic AI development as an engineering discipline, not just an experimentation exercise.”

Info-Tech’s research highlights three critical insights organizations must embrace to successfully operationalize agentic AI initiatives:

Autonomy isn’t a substitute for architecture – Production readiness doesn’t come from the model; it comes from the architecture underneath it.You can’t optimize what you can’t see – Every run requires tracing for what the agent saw, what it did, where it failed, how long it took, and what it cost.Evaluation turns a demo into a decision – Clear evidence on performance, cost, and reliability turns a demo into an approved investment.

Info-Tech’s Five-Phase Framework to Develop an Agentic AI Prototype

Info-Tech’s blueprint outlines a practical five-phase methodology for developing defensible agentic AI prototypes:

Set up the development stack – Establish a reproducible development environment and runnable repository.Prepare data and build tools – Develop agent-ready data and custom tools for each integration point.Build agents – Create a runnable agentic system with guardrails and human-in-the-loop controls.Evaluate and optimize – Create an observable, measured, and optimized prototype.Document and showcase – Deliver a prototype demonstration and evidence pack that support scaling decisions.

The blueprint is designed specifically for organizations that have already completed Info-Tech’s Develop Your Agentic AI Prototype blueprint and are ready to transition into technical implementation. Supporting resources include coding tutorials, a development template, end-to-end examples, and presentation materials that help teams clearly communicate evaluation results, risk analysis, cost projections, and ROI considerations to leadership stakeholders.

In addition to implementation guidance, the research emphasizes embedding observability, cost controls, guardrails, and human oversight directly into the engineering process rather than layering them on afterward. By integrating these controls from the start, organizations can improve reliability, strengthen governance, and increase stakeholder confidence in agentic AI systems.

The blueprint also provides organizations with a structured approach to demonstrating measurable value. Through evidence packs that include evaluation results, cost projections, and validated demonstrations, leadership teams gain the transparency needed to make informed scaling and funding decisions.

For timely and exclusive commentary from AI implementation expert Meagan Peters of Info-Tech Research Group and access to the complete Develop Your Agentic AI Prototype blueprint, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is the “get things done” partner for over 30,000 IT, HR, and marketing leaders worldwide. The fastest growing research and advisory firm, Info-Tech enables leaders to make well-informed decisions and transform their organizations through AI, strategic foresight, step-by-step methodologies, practical tools, industry-leading advisory, and training programs. For nearly 30 years, tens of thousands of private and public organizations have trusted Info-Tech to lead their most important initiatives through periods of change and deliver outcomes that truly matter.

To learn more about Info-Tech’s HR research and advisory services, visit McLean & Company, and for data-driven software buying insights and vendor evaluations, visit the firm’s SoftwareReviews platform.

Media professionals can register for unrestricted access to research across IT, HR, and software, and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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