Report Id: SNS/HC/2380 | July 2022 | Region: Global | 125 Pages
Patient Flow Management Solutions Market Overview:
The Patient Flow Management Solutions Market Size was valued at USD 16.1 billion in 2021, and expected to reach USD 49.1 billion by 2028, and grow at a CAGR of 17.2% over the forecast period 2022-2028.
A type of system software called a patient flow management solution is used by hospital staff to monitor patient data while they are receiving treatment. For effective workflow in healthcare organisations, this solution integrates statistical and analytical technology. Every healthcare facility has to track the flow of patients. It encourages on-demand treatments, decreases wait times, provides information on busy times, and arranges flexible medical record keeping.
The creation of strategic plans and the delivery of necessary services are aided by a complete virtual care platform built on patient flow data and special gadgets for healthcare professionals and patients. The main areas of emphasis include better patient care quality, patient happiness, reduced paperwork, and enhanced patient-staff communication. The system handles all of the greeting, triage, routing, preparation, treatment, payment, and administration steps for each unique patient flow. It manages waiting areas and treatment areas, syncs with back-office procedures (such test result analysis), and keeps patients and families informed throughout protracted procedures.
Healthcare Professionals Adopting a Patient-Centered Approach
Reduced Hardware and Software Costs
Government Programs to Encourage HCI Adoption
Installing Patient Flow Management Solutions Is Driven by High ROI
Lack of nurses and doctors will make solutions more necessary.
Measures To Reduce Costs Are Required
Market growth is being restrained by a shortage of skilled IT professionals.
Security Issues and A Rise in Data Security Breach
Asian region has tremendous potential
Increasing the Use of Smartphones, Tablets, and PDAs to Accelerate the Adoption of Solutions
Significant Growth Opportunities Will Be Provided by Cloud-Based Models
IMPACT OF COVID-19
Unprecedented repercussions of the COVID-19 epidemic have been felt in both daily life and the world economy. There is a significant pressure on healthcare systems all across the world. In a number of settings, such as clinical trials, remote home monitoring, and virtual consultations, providers, payers, and life science companies began looking for ways to enhance patient involvement. Due to the outbreak and the resulting mobility issues, virtual communication between patients and their care providers was required.
Separate segments of the market are Integrated and Standalone. As a result of their widespread use in hospitals and clinics, effective planning & execution, and rising demand for data storage, integrated are anticipated to grow the most over the projected period.
The event-driven patient tracking and real-time positioning systems segments of the market. Due to the decrease in healthcare expenses, the reduction of difficulties, and the improvement of patient quality of life, event-driven patient tracking is anticipated to grow the fastest during the forecasted period.
Hardware, software, and services make up the three market segments. Due to the lack of nurses and other healthcare professionals, the low cost of software, and the increased quality of healthcare, software is expected to grow the fastest during the predicted time.
By Delivery Mode
Markets are divided into On-Premise and Cloud-Based segments. Because there is less paperwork, the procedure takes less time, and patient appointments and records are efficiently recorded, web-based is anticipated to grow at the fastest rate during the expected period.
Some of the major key players are as follows: athenahealth, Inc., CPSI, Allscripts Healthcare, LLC, Cerner Corporation (Oracle), Epic Systems Corporation, Koninklijke Philips N.V., IBM, Klara Technologies, Inc., McKesson Corporation, Experian Information Solutions, Inc., Solution reach, Inc., NextGen Healthcare, Inc., ResMed.
By Delivery Mode
The greatest market is in North America. The strong growth in the North American region can be due to elements including rising healthcare costs, governmental financing and support for patient flow management, legislative reforms, funding and training programmes, and technical advancements. Similar government support for HCIT and patient flow management across a number of European and Asian nations, as well as the demand for high-quality care at reasonable prices, are anticipated to promote market expansion in these regions.
|Market Size in 2021||US$ 16.1 Billion|
|Market Size by 2028||US$ 49.1 Billion|
|CAGR||CAGR of 17.2% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Product (Integrated, Standalone)
• By Type (Real Time Locating System, Event Driven Solutions)
• By Component (Hardware, Software, Services)
• By Delivery Mode (Cloud- based, On- premise)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||athenahealth, Inc., CPSI, Allscripts Healthcare, LLC, Cerner Corporation (Oracle), Epic Systems Corporation, Koninklijke Philips N.V., IBM, Klara Technologies, Inc., McKesson Corporation, Experian Information Solutions, Inc., Solution reach, Inc., NextGen Healthcare, Inc., ResMed.|
|DRIVERS||• Healthcare Professionals Adopting a Patient-Centered Approach
• Reduced Hardware and Software Costs
• Government Programs to Encourage HCI Adoption
|RESTRAINTS||• Market growth is being restrained by a shortage of skilled IT professionals.
• Security Issues and A Rise in Data Security Breach
Frequently Asked Questions (FAQ) :
Manufacturer and service provider, research institutes, university and private libraries, suppliers and distributers.
athenahealth, Inc., CPSI, Allscripts Healthcare, LLC, Cerner Corporation (Oracle), Epic Systems Corporation, Koninklijke Philips N.V. are the key players of Patient Flow Management Solutions market
The greatest market is in North America.
Reduced Hardware and Software Costs, and Government Programs to Encourage HCI Adoption being the key drivers of the Patient Flow Management Solutions market.
Patient Flow Management Solutions Market Size was valued at USD 16.1 billion in 2021.
Table of Content:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine ware
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Patient Flow Management Solutions Market Segmentation, By Product
9. Patient Flow Management Solutions Market Segmentation, By Type
9.1 Real Time Locating System
9.2 Event Driven Solutions
10. Patient Flow Management Solutions Market Segmentation, By Component
11. Patient Flow Management Solutions Market Segmentation, By Delivery Mode
11.1 Cloud- based
11.2 On- premise
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13.1 athenahealth, Inc.
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.3 Allscripts Healthcare, LLC
13.4 Cerner Corporation (Oracle)
13.5 Epic Systems Corporation
13.6 Koninklijke Philips N.V.
13.8 Klara Technologies, Inc.
13.9 McKesson Corporation
13.10 Experian Information Solutions, Inc.
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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