Global Patient Flow Management Solution Market, By Product (Standalone, Integrated), Mode of Delivery (Web-Based, On-Premises, Cloud-Based), Type (Event-Driven Patient Tracking, Real-Time Locating Systems), Component (Hardware, Software, Services, Consulting Services, Ongoing It Support & Implementation Services, Post-Sale & Maintenance Services), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Patient flow management solution market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of 4.88 billion and grow at a CAGR of 24.10% in the above-mentioned forecast period. Rising adoption of a patient-centric approach by healthcare providers drives the patient flow management solution market.
Patient flow management comprises of the management of patient flow in effective and efficient manner in order to meet patients’ requirements. These software solutions play a very vital role from managing the flow from registration process to tracking, and keeping record of treatment for patient. It uses real-time data inputs along with required analytical and statistical software in order to design an effective workflow.
Reduced costs of hardware and software is the vital factor escalating the market growth, also rising government incentives for Hcit adoption, rising shortage of nursing staff and doctors will increase the need for solutions, rising need for cost-curtailment measures, increasing demand for patient flow management solutions in order to reduce overcrowding, hospitals efforts to reduce patient waiting for treatment, and effective utilization of bed, increasing demand for patient flow management solutions in order to reduce overcrowding, hospitals efforts to reduce patient waiting for treatment, and efficient utilization of bed, rising demand for improving quality care of patient and rising need for cost reduction by reducing labor cost and human error and rising number of hospital admissions and lack of skilled healthcare professionals are the major factors among others driving the patient flow management solution market. Moreover, rising usage of smartphones and tablets to boost adoption of solutions and rising cloud-based models will further create new opportunities for patient flow management solution market in the forecasted period of 2021-2028.
However, lack of skilled It professionals, rising incidences of data security breach and lack of adequate infrastructure are the major factors among others which will obstruct the market growth, and will further challenge the growth of patient flow management solution market in the forecast period mentioned above.
This patient flow management solution market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on patient flow management solution market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Patient Flow Management Solution Market Scope and Market Size
Patient flow management solution market is segmented on the basis of product, mode of delivery, type and component. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the patient flow management solution market is segmented into standalone and integrated.
- Based on mode of delivery, the patient flow management solution market is segmented into web-based, on-premises and cloud-based.
- Based on type, the patient flow management solution market is segmented into event-driven patient tracking and real-time locating systems.
- The patient flow management solution market is also segmented on the basis of component into hardware, software, services, consulting services, ongoing It support and implementation services and post-sale & maintenance services.
Global Patient Flow Management Solution Market Country Level Analysis
Patient flow management solution market is analysed and market size insights and trends are provided by country, product, mode of delivery, type and component as referenced above.
The countries covered in the patient flow management solution market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the patient flow management solution market due to rising awareness and adoption of technologically advanced tools in order to improve healthcare infrastructure to reduce patient waiting time and maximize bed utilization in this region. Asia-Pacific is the expected region in terms of growth in portable medical and healthcare devices market due to increasing adoption of patient flow management solutions in this region.
The country section of the patient flow management solution market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Patient flow management solution market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for patient flow management solution market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the patient flow management solution market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Patient Flow Management Solution Market Share Analysis
Patient flow management solution market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to patient flow management solution market.
The major players covered in the patient flow management solution market report are Allscripts Healthcare, LLC and/or its affiliates., Awarepoint Corporation, Care Logistics., Central Logic Inc., Cerner Corporation, Intelligent InSites, Inc., McKesson Corporation, Getinge AB., Sonitor Technologies., CENTRALSQUARE, STANLEY Healthcare, Sonitor Technologies, TeleTracking Technologies, Inc., Central Logic Inc., Guard RFID Solutions Inc. and Epic Systems Corporation., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.