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Patient Flow Management Solutions Market

Patient Flow Management Solutions Market Size, Share & Segment 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), by Regions and Global Forecast 2022-2028

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.

Patient Flow Management Solutions Market

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.

MARKET DYNAMICS

DRIVERS

  • 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

RESTRAINTS

  • Market growth is being restrained by a shortage of skilled IT professionals.

  • Security Issues and A Rise in Data Security Breach

OPPORTUNITIES

  • 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

CHALLENGES

  • Insufficient Infrastructure

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.

By Product

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.

By Type

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.

By Component

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.

COMPETITIVE LANDSCAPE

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.

MARKET 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

Patient Flow Management Solutions Market

REGIONAL ANALYSIS

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.

REGIONAL COVERAGE:

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • The 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
Patient Flow Management Solutions Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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

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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.1 Integrated

8.2 Standalone

 

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

10.1 Hardware

10.2 Software

10.3 Services

 

11. Patient Flow Management Solutions Market Segmentation, By Delivery Mode

11.1 Cloud- based

11.2 On- premise

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13.Company Profiles

13.1 athenahealth, Inc.

            13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 CPSI

13.3 Allscripts Healthcare, LLC

13.4 Cerner Corporation (Oracle)

13.5 Epic Systems Corporation

13.6 Koninklijke Philips N.V.

13.7 IBM

13.8 Klara Technologies, Inc.

13.9 McKesson Corporation

13.10 Experian Information Solutions, Inc.

 

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15.Conclusion

 

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Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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