The global clinical workflow solutions market size is expected to be worth around US$ 25.6 billion by 2030, according to a new report by Vision Research Reports.
The global clinical workflow solutions market size was valued at US$ 8.60 billion in 2020 and is anticipated to grow at a CAGR of 13.4% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | US$ 25.6 Bn by 2030 |
| Growth Rate | CAGR of 13.4% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, end use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Allscripts Healthcare Solutions, Inc.; Cerner Corporation; NXGN Management, LLC; McKesson Corporation; Koninklijke Philips N.V.; Hill-Rom Services Inc.; Cisco; General Electric; Stanly Healthcare; Vocera Communications; ASCOM; athenahealth, Inc. |
Growth Factors
An increased volume of patient health information due to the rising prevalence of chronic conditions and the high demand for better quality care by patients is expected to fuel the adoption of workflow software and services in healthcare settings. Rising awareness amongst the caregivers and patients pertinent to the benefits of integrated solutions and interest in reliable technology for efficient decision-making is anticipated to fuel the adoption of workflow solutions.
The market players are increasingly focusing on bringing innovation and new ways to safeguard the health and safety of their employees, meeting critical customer requirements, and guaranteeing business continuity.
By Type Analysis
The data integration solutions segment dominated the market with a revenue share of over 26.05% in 2020. Data integration systems are highly preferred by healthcare providers owing to the increased data volumes and the need for integration to curb rising costs. Caregivers are looking for an integrated system that enables users to access patient information across the complete continuum of care.
The care collaboration solutions segment is expected to witness lucrative growth over the forecast period owing to the increased emphasis on patient-centric services.
Technological advancements in wireless technology, computing power, and miniaturization are key drivers for innovations in medical technology.
By End-use Analysis
The hospitals segment dominated the market with a revenue share of over 45.02% in 2020 owing to the applicability, rising number of healthcare facilities, and associated data that needs proper management along with privacy.
the rising demand for workflow and the ongoing trend for connected hospitals are expected to drive the segment over the forecast period. The high demand for collaborative and integrated care delivery, unified critical clinical communications, and streamlining the process for call scheduling is contributing to the segment growth.
By Regional Analysis
North America dominated the market with over 40.05%share in 2020. Factors such as the increasing R&D activities and patient admission in the hospitals leading to the generation of the high volume of data and increasing government initiatives regarding the effective usage of interoperability, EHR, and other solutions are contributing to the market growth in the region.
Asia Pacific is expected to exhibit the fastest CAGR of 14.7% over the forecast period owing to the increasing investments from emerging economies. There is a significant increase in demand for healthcare information technology solutions in the medical sector
Key Players
Market Segmentation
The Clinical Workflow Solutions market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Clinical Workflow Solutions market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Clinical Workflow Solutions market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Clinical Workflow Solutions market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Clinical Workflow Solutions market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Clinical Workflow Solutions capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Clinical Workflow Solutions by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Clinical Workflow Solutions market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Clinical Workflow Solutions market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Clinical Workflow Solutions market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Clinical Workflow Solutions industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
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