The global clinical wor kflow solutions market size was valued at USD 7.59 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.4% from 2021 to 2028. The healthcare system is constantly being challenged to provide good quality care. The aging population, diminishing resources, budget restraints, and the lack of standard devised clinical SOPs and treatment regimens are some of the key factors that have fueled the demand for quality care. In order to fulfill this, hospitals are more openly migrating to technology-driven frameworks. Hospitals and medical settings are in the process of integrating workflows for tedious documentation, medical and administrative staff management, and easy access to the patient’s clinical and administrative data in all their departments.
The unprecedented COVID-19 pandemic positioned substantial pressure on health care providers worldwide. Not only did health systems manage the real and expected entry of infectious patients through emergent response, but they were also obligatory to address variable factors comprising ensuring appropriate critical care capacity, enabling supply chain needs for personal protective equipment, the high demand for medical devices, and addressing ongoing staffing challenges. In this regard, connected care technologies have been established and they have proved very supportive as they permit healthcare providers to monitor patients using connected devices.
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Key Player 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
Product Segment Analysis:
- Data Integration Solutions
- Real-time Communication Solutions
- Workflow Automation Solutions
- Care Collaboration Solutions
Rapid technological innovations that offer easy adaptability and reduced complexities are driving the adoption rate of workflow systems. The implementation of cloud-based computing to upgrade the clinical database management platforms is anticipated to influence the growth during the forecast period. These systems enable ease of data storage and retrieval. Furthermore, the effective incorporation of interoperability in the healthcare sector has significantly bolstered the use of clinical workflow systems.
Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa.
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Besides, market players have taken initiatives such as new platforms and integration of their EHR platforms to effectively help healthcare providers in handling COVID-19 patients. For instance, in April 2020, Hillrom partnered with AgileMD to provide COVID-19 clinical pathways at no charge for 12 months. AgileMD delivers an EHR-integrated software platform that inserts instant access to innovative predictive analytics and clinical pathways into surgeon and nursing workflows. Likewise, in December 2020, Canon Medical introduced the “AUTOStroke solution”, an AI-powered deep-learning clinical workflow automation platform.
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