The global healthcare industry experienced a 41% decline in the number of smart hospitals-related patent applications in Q2 2023 compared with the previous quarter. The total number of smart hospitals-related grants dropped by 37% in Q2 2023, according to GlobalData’s Patent Analytics. GlobalData’s Smart Hospitals – Thematic Intelligence report provides insights on smart hospitals, identifies the leading private and public players in the smart hospitals theme and the key trends in the market. Buy the report here.
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Notably, the number of smart hospitals-related patent applications in the healthcare industry was 1,339 in Q2 2023, versus 2,256 in the prior quarter.
The top five companies accounted for 12% of patenting activity
Analysis of patenting activity by companies shows that Koninklijke Philips filed the most smart hospitals patents within the healthcare industry in Q2 2023. The company filed 68 smart hospitals-related patents in the quarter, compared with 73 in the previous quarter. It was followed by johnson & johnson with 34 smart hospitals patent filings, DexCom (27 filings), and Baxter International (19 filings) in Q2 2023.
Patenting activity was driven by the US with a 43% share of total patent filings
The largest share of smart hospitals related patent filings in the healthcare industry in Q2 2023 was in the US with 43%, followed by China (22%) and Japan (4%). The share represented by the US was 0.36% lower than the 43% share it accounted for in Q1 2023.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
