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Smart Healthcare Market to Grow by USD 125.7 Billion (2024-2028), Rising Demand for Remote Health Monitoring Boosts Market, with AI Redefining Trends – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global smart healthcare market size is estimated to grow by USD 125.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.31% during the forecast period. Growing demand for remote health monitoring is driving market growth, with a trend towards iot in healthcare. However, high costs involved with smart healthcare poses a challenge. Key market players include AirStrip Technologies Inc., Allscripts Healthcare Solutions, Apple Inc., AT&T Inc., Bollhoff Group, Brooks Automation, Cerner Corporation, Cisco, GE Healthcare, Given Imaging, Inc., Hurst Green Plastics Ltd., IBM, Logi-Tag, McKesson Corporation, Olympus Corporation, Pepperl+Fuchs, Samsung Electronics Corporation, Siemens Medical Solutions, Solstice Medical LLC, Stanley Innerspac.

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Smart Healthcare Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.31%

Market growth 2024-2028

USD 125.7 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.6

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 44%

Key countries

US, Germany, UK, Canada, and Japan

Key companies profiled

AirStrip Technologies Inc., Allscripts Healthcare Solutions, Apple Inc., AT&T Inc., Bollhoff Group, Brooks Automation, Cerner Corporation, Cisco, GE Healthcare, Given Imaging, Inc., Hurst Green Plastics Ltd., IBM, Logi-Tag, McKesson Corporation, Olympus Corporation, Pepperl+Fuchs, Samsung Electronics Corporation, Siemens Medical Solutions, Solstice Medical LLC, Stanley Innerspac

Market Driver

The Smart Healthcare Market is experiencing significant growth due to the adoption of mHealth solutions, such as Vera Smart Health and Teladoc Health. RFID and Real-Time Location Systems are revolutionizing patient care by enabling real-time monitoring of vital signs like blood pressure, heart rate, oxygen level, and temperature. Smart healthcare products, including wearable devices, are transforming healthcare through cloud communication and big data analysis. Information technologies like artificial intelligence and machine learning are improving healthcare outcomes by providing personalized care. However, approvals and digital literacy remain challenges. Key market participants include traditional medical systems, caregivers, patients, families, physicians, hospitals, insurance companies, and Oral Biology research institutes. Sensor-based IoT technology is enabling remote monitoring for cognitive impairment and surgery. The advantages of smart healthcare are numerous, but high costs remain a concern. EHealth initiatives using cell phones and tablets, health-related apps, and smart wearable devices are driving market growth. Market restraints include RFID Kanban Systems and RFID Smart Cabinets, as well as Electronic Health Records and Telemedicine. Smart syringes, medicines, and RFID cabinets are also gaining popularity. The future of healthcare is connected, digital, and personalized. 

The smart healthcare market is experiencing significant growth due to the increasing adoption of Internet of Things (IoT) technology in the healthcare industry. IoT enables real-time monitoring of patients, bridging the gap between physical and digital data sources. This innovation improves patient access to services, reduces operational burdens on healthcare facilities, and supports the development of digital healthcare ecosystems. Healthcare institutions are transitioning to connected hospital infrastructures, enhancing care delivery through IoT’s diverse applications, both inside and outside medical facilities. 

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Market Challenges

The Smart Healthcare Market is experiencing significant growth due to the integration of information technologies like mHealth, Vera Smart Health, and Teladoc Health. Wearable devices, such as smartwatches and health monitors, are leading the charge with real-time monitoring of vital signs like blood pressure, heart rate, oxygen level, and temperature. RFID and real-time location systems enable efficient inventory management of smart healthcare products. However, challenges remain. Regulatory approvals for cognitive impairment devices and device integration with traditional medical systems can be time-consuming. High costs and digital literacy levels are also barriers to entry. Key market participants include healthcare providers, caregivers, patients, families, physicians, hospitals, insurance companies, and Oral Biology research institutes. Advantages of smart healthcare include improved health outcomes, remote patient monitoring, and cost savings. Digital health programs, eHealth, and health research are driving innovation in areas like acoustic resonance for lung function and asthma management, essential cardiology, and blood glucose monitors. The market is also seeing the emergence of smart syringes, medicines, RFID cabinets, and wearable devices for surgery preparation. Market restraints include the high cost of implementing infrastructure, RFID Kanban systems, RFID Smart Cabinets, and Electronic Health Records. Telemedicine and smart pills are also areas of growth, but face challenges related to patient trust and privacy concerns. Overall, the market for smart healthcare items and digital technology is poised for continued growth, with cell phones, tablets, and health-related apps playing a significant role.The cost of implementing smart healthcare solutions, such as biosensors and Electronic Health Records (EHR), remains a significant barrier to their widespread adoption. For instance, the high cost of producing biosensors, which include components like pills, fluidic sensors, flow meters, gyroscopes, and micro dispensers, significantly increases the final product price. Consumers are hesitant to invest in these devices due to their high cost. Similarly, the integration of EHR systems involves substantial expenses, posing a challenge for the global EHR market growth. These costs hinder the expansion of smart healthcare applications into new areas.

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Segment Overview 

This smart healthcare market report extensively covers market segmentation by

Distribution Channel1.1 Offline1.2 OnlineSolution 2.1 Telemedicine2.2 mHealth2.3 EHR2.4 Smart pills2.5 OthersGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)Application

1.1 Offline- The offline segment of the global smart healthcare market encompasses traditional distribution channels for delivering smart healthcare products and services to consumers. Offline retail stores, such as specialty stores, healthcare equipment stores, and electronics stores, serve as crucial distribution points for these devices. Medical equipment suppliers and distributors also play a pivotal role in offline distribution, leveraging relationships with healthcare providers, hospitals, clinics, and pharmacies to distribute advanced medical devices, telehealth systems, and remote patient monitoring equipment. These channels offer customers a personalized experience, enabling them to physically engage with smart healthcare products, receive expert advice, and address concerns. Trust and credibility built over time by providing reliable products, professional expertise, and dependable after-sales support contribute to the preference for offline distribution channels among consumers. This face-to-face interaction enhances customer satisfaction and is expected to fuel the growth of the offline segment in the global smart healthcare market.

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Research Analysis

The Smart Healthcare Market is experiencing rapid growth as mHealth solutions and advanced technologies revolutionize healthcare delivery. Vera Smart Health and Teladoc Health are leading the charge with telehealth services, allowing patients to consult with healthcare professionals remotely. NHS U and other institutions are adopting RFID and Real-Time Location Systems to manage inventory and streamline processes. Apple and other tech giants are introducing smart healthcare products, such as smart wearables that monitor vital signs like blood pressure, heart rate, oxygen level, and temperature. Information technologies like big data and cloud computing enable the collection, analysis, and sharing of health information, enhancing patient care. Smart healthcare items, including smart syringes and medicines, offer improved safety and efficiency. Digital technology and smart RFID cabinets facilitate automated medication dispensing and inventory management. Overall, the integration of digital technology and mHealth is transforming healthcare, offering more personalized, convenient, and efficient care.

Market Research Overview

Smart Healthcare Market: Transforming Traditional Healthcare with mHealth and Information Technologies The Smart Healthcare Market is revolutionizing the traditional healthcare system with the integration of mHealth, RFID, Real-Time Location Systems, and advanced information technologies. These innovations enable remote patient monitoring, real-time health data analysis, and improved communication between caregivers, patients, families, physicians, hospitals, and insurance companies. Smart healthcare products, such as wearable devices, blood pressure monitors, heart rate monitors, oxygen level sensors, and temperature sensors, are essential components of this market. These devices utilize sensor-based IoT technology, enabling real-time data collection and analysis, which can lead to better health outcomes. Advancements in digital health, including eHealth, cell phones, tablets, health-related apps, and smart wearable devices, have made healthcare more accessible and convenient. However, high costs and market restraints, such as approvals and digital literacy, may hinder the growth of this market. The Smart Healthcare Market encompasses various sectors, including Oral Biology, Craniofacial Research, medical record-keeping, device integration, illness causes, and surgery. It also includes advantages like acoustic resonance for lung function assessment, asthma management, essential cardiology, blood glucose monitors, smartwatches, health monitors, pedometers, activity trackers, and smart syringes, among others. Moreover, the market includes smart RFID cabinets, remote monitoring, and telemedicine. Key market participants are continuously developing innovative solutions to address the challenges of this market, including RFID Kanban Systems, RFID Smart Cabinets, and Electronic Health Records. In conclusion, the Smart Healthcare Market is transforming the healthcare landscape with its advanced technologies, enabling better patient care, improved health outcomes, and increased efficiency in healthcare services and health research.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOfflineOnlineSolutionTelemedicineMHealthEHRSmart PillsOthersGeographyNorth AmericaEuropeAsiaRest Of World (ROW)Application

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Canada to advance global nature conservation and climate action at upcoming United Nations conferences

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OTTAWA, ON, Oct. 16, 2026 /CNW/ — In a more uncertain and increasingly unstable world, Canada is stepping up to build a safer and more resilient future. Addressing climate change and biodiversity loss requires ambitious action at home and around the world. By advancing progress on both, Canada will protect nature, build resilient communities, and create lasting prosperity for future generations. International cooperation is key to achieving these goals.

That is why the Honourable Julie Dabrusin, Minister of the Environment, Climate Change and Nature, will lead Canada’s efforts as Head of Delegation at the 17th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP17) and the 31st meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31).

At COP17, Minister Dabrusin and the Honourable Nathalie Provost, Secretary of State (Nature), will work with international partners to accelerate implementation of the Kunming–Montréal Global Biodiversity Framework. From October 19 to 30, 2026, in Yerevan, Armenia, Canada will champion the critical role of Indigenous peoples in conservation and advocate for practical solutions to mobilize global resources for biodiversity finance. Canada will showcase its leadership through two Canadian-led official side events focused on innovative nature finance and the essential role of Indigenous leadership in advancing conservation efforts at home and around the world. The delegation will also take part in strategic bilateral meetings, high-level roundtables, and civil society events to strengthen cooperation, advance solutions, and drive action to halt and reverse biodiversity loss.

From November 9 to 20, 2026, in Antalya, Türkiye, Canada will participate in the 31st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP31). Building on multilateral engagements, including the 10th Ministerial on Climate Action, Canada will continue working with international partners, Indigenous representatives, civil society, youth, and other stakeholders to strengthen the resilience of vulnerable communities; reduce methane emissions; accelerate electrification; and mobilize finance and investments from public and private sources. For the fifth consecutive year, Canada will host a national pavilion at COP31, showcasing Canadian climate leadership and innovation. The Canada Pavilion will serve as a hub for connection and collaboration.

Canada’s international leadership is backed by action at home. To accelerate electrification, Canada is building major clean energy projects across the country, including with the largest clean energy investment in North American history in Churchill Falls. Through A Force of Nature: Canada’s Strategy to Protect Nature and $3.8 billion in investments and funding, Canada is advancing its commitment to conserve 30% of lands and waters by 2030 through strong partnerships and innovative approaches to conservation. Canada recently reinforced this commitment by joining the 30×30 for Nature and People Ministerial Declaration at the 81st session of the United Nations General Assembly. Prime Minister, Mark Carney, recently announced a historic investment of $1.2 billion to better protect Canada’s oceans and the life they sustain. This will increase monitoring, strengthen ocean science and ecosystem protections, and improve marine incident prevention and preparedness. These priorities will be a key focus at both upcoming conferences.

Canada’s delegations to COP17 and COP31 will bring together the diverse perspectives from across Canadian society, including Indigenous representatives, civil society, the private sector, youth, and provincial and territorial government representatives. Working with international partners, these delegations help advance practical solutions to protect nature, strengthen resilience, and support sustainable economic prosperity.

Quotes

“Climate change and biodiversity loss are global challenges that no country can solve alone. At COP17 and COP31, Canada will work with partners from around the world to strengthen implementation of the Kunming–Montréal Global Biodiversity Framework and the Paris Agreement and collective efforts to address nature protection and climate change. Through international cooperation, Indigenous leadership, innovative solutions, and a collective commitment to conservation and climate action, we will build a sustainable future for people and nature alike.”
– The Honourable Julie Dabrusin, Minister of the Environment, Climate Change and Nature

“Nature loss is a global challenge that requires countries to work together and turn shared commitments into action. At COP17, Canada will share its experiences in advancing nature finance, including innovative approaches to valuing natural capital and mobilizing private investment for conservation. By exchanging ideas, lessons learned, and practical solutions with international partners, we can accelerate progress toward our global biodiversity goals and recognize nature as a foundation of long-term economic prosperity and resilience.”
– The Honourable Nathalie Provost, Secretary of State (Nature)

Quick facts

As the second largest country in the world, Canada has a vast amount of natural capital, including 24% of the world’s boreal forest, 37% of lakes, 25% of wetlands, and approximately 80,000 species. We have both a responsibility to steward these resources as well as a competitive advantage because of these assets.Canada hosted the 15th meeting of the Conference of the Parties to the United Nations Convention on Biological Diversity (COP15) in Montréal in 2022, which resulted in the adoption of the Kunming–Montréal Global Biodiversity Framework: an ambitious global plan to halt and reverse biodiversity loss by 2030.Canada supports the Armenian COP17 presidency and its approach to strengthen implementation of the Kunming–Montréal Global Biodiversity Framework toward meeting the Framework’s goals and targets.In September 2026, Canada and China co-chaired the Kunming Dialogue in Kunming, China. The Dialogue was a multilateral working-level meeting to discuss progress and challenges in the implementation of the Framework ahead of COP17.The Canada Pavilion at the United Nations Conference of the Parties (COP) is a key space to show Canadian climate leadership and innovation.Reducing methane emissions remains one of the fastest and most cost-effective ways to limit the rise of near-term global temperatures. Canada serves as co-convenor of the Global Methane Pledge, which counts 159 participating countries and the European Commission, with participants agreeing to take voluntary actions toward a collective goal of reducing global methane emissions at least 30% by 2030 (from 2020 levels).In April 2026, Canada announced a new goal of delivering $13 billion in international climate finance over the next five years.

Associated links

A Force of Nature: Canada’s Strategy to Protect NaturePrime Minister Carney Announces Historic Investment to Protect Canada’s OceansCanada Pavilion at the Conference of the Parties (COP)

Environment and Climate Change Canada’s X page
Environment and Climate Change Canada’s Facebook page
Environment and Natural Resources in Canada’s Facebook page
Environment and Climate Change Canada’s LinkedIn page
Environment and Climate Change Canada’s Instagram page

SOURCE Environment and Climate Change Canada

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DGEN TECHNOLOGIES (FORMERLY CHINA KELI ELECTRIC COMPANY) COMPLETES ACQUISITION AND NAME CHANGE AND FILES CSE LISTING STATEMENT

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VANCOUVER, BC, Oct. 16, 2026 /CNW/ — DGEN Technologies Corp. (formerly China Keli Electric Company Ltd.) (the “Company”) is pleased to announce that it has completed its previously announced acquisition of DGEN Financial Holdings Corp. (formerly DGEN Technologies Corp.) (“DGEN”) pursuant to a share exchange agreement dated December 9, 2025, as amended on August 17, 2026 (the “SEA”) on October 14, 2026 (the “Transaction”).

Pursuant to the Transaction, the Company acquired all of the issued and outstanding shares of DGEN in exchange for the issuance of an aggregate of 9,550,360 common shares of the Company (“Common Shares”) and 7,000,360 Common Share purchase warrants (“Warrants”) to certain former shareholders of DGEN. Each Warrant entitles the holder to acquire one Common Share at a price of $0.25 until October 14, 2028. As a result of the Transaction, DGEN became a wholly-owned subsidiary of the Company. As of the date hereof, the Company has 29,161,364 Common Shares and 7,000,360 Warrants issued and outstanding.

In connection with the completion of the Transaction, the Company changed its name from “China Keli Electric Company Ltd.” to “DGEN Technologies Corp.” and, hereinafter, will carry on the business of DGEN.

Listing Statement

Following the closing of the Transaction, the Company has filed a CSE Form 2A listing statement dated October 14, 2026 (the “Listing Statement”) on SEDAR+ under its profile relating to the Transaction and the proposed CSE listing. Investors are encouraged to review the Listing Statement, which provides detailed information about the Transaction, the Company and its operations.

The Company has received conditional approval to list the Common Shares on the Canadian Securities Exchange (the “CSE”) and has delisted the Common Shares from the TSX Venture Exchange in anticipation of listing on the CSE. The Common Shares are expected to commence trading on the CSE under the symbol “DGEN” on or about October 20, 2026.

Board of Directors and Management

Following completion of the Transaction, the directors and officers of the Company are Cole Goodwin, Chief Executive Officer and Director, Philip Lo, Chief Financial Officer, Corporate Secretary and Director, Sean Webster, Director, and Yee Man Cheung, Director.

Mr. Goodwin is a business executive with over 10 years of experience in alternative and traditional investment markets, financial technology and corporate operations. His experience includes senior management and board roles with publicly traded companies, including as Chief Operating Officer of Hyper Bit Technologies Ltd. Mr. Goodwin provides the Company with strategic and operational oversight in respect of its technology platform, including development and commercialization of payment infrastructure, integration of payment gateways, technology deployment and vendor management.

Escrow

At the time of listing, the Company will have 2,496,000 Common Shares and 1,000,000 Warrants held by related persons subject to escrow pursuant to an escrow agreement dated October 14, 2026 among the escrowed securityholders, the Company and Odyssey Trust Company, as escrow agent, subject to a 36-month release schedule pursuant to National Policy 46-201 – Escrow for Initial Public Offerings.

About DGEN Technologies Corp.

DGEN Technologies Corp. is a Vancouver-based technology company developing a cloud-based payment platform intended to integrate point-of-sale, kiosk and mobile payment systems into a unified and scalable solution. The Company’s platform is currently in beta stage and is operational, but has not yet been commercialized or generated revenue.

The CSE has not reviewed, approved, or disapproved, and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including, without limitation, statements with respect to: the expected listing of the Common Shares on the CSE; the satisfaction of any remaining conditions to listing; the business and operations of the Company following completion of the Transaction; the Company’s platform, including its development, commercialization, functionality, market adoption and ability to generate revenue; the Company’s intended business objectives; the escrow arrangements applicable to certain Common Shares and Warrants; and future plans and expectations of the Company. Forward-looking information is based on management’s current expectations, estimates, projections, beliefs and assumptions as of the date of this news release.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: the possibility that the Common Shares may not commence trading on the CSE when expected or at all; risks relating to the Company’s early stage of development; the fact that the platform is in beta stage, has not yet been commercialized and has not generated revenue; risks associated with development, commercialization and market adoption of the platform; competition from established payment technology providers; reliance on third-party contractors and service providers; additional financing and dilution risks; market volatility; regulatory, compliance, cybersecurity and data privacy risks; risks relating to escrowed securities; and the other risks described in the Listing Statement. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date of this news release. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

SOURCE DGEN Technologies Corp.

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ASSA ABLOY sells PKI business unit to Vista Equity Partners

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STOCKHOLM, Oct. 16, 2026 /PRNewswire/ — ASSA ABLOY has signed an agreement to sell HID’s PKI business unit to Vista Equity Partners (“Vista”).

The PKI business unit (Public Key Infrastructure) provides digital trust, identity, authentication, encryption, and certificate management solutions. The business unit includes PKI SaaS – IdenTrust and HydrantID – credential management, and ZeroSSL.

“I find it very satisfying that with Vista, the PKI business unit and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“Our PKI team has built a strong business with a strong customer base, and Vista has the expertise to take it forward as the market evolves,” says Björn Lidefelt, EVP and Head of HID. “We are pleased with this outcome for our customers, our employees, and for HID.”

The divested business had sales in 2025 of MUSD 58 (approx. MSEK 570) with a strong operating margin.

The divestiture is subject to customary closing conditions and is expected to close during the fourth quarter of 2026.

For more information, please contact: 
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/assa-abloy/r/assa-abloy-sells-pki-business-unit-to-vista-equity-partners,c4410007

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