The hospital capacity management solutions global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Hospital Capacity Management Solutions Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The hospital capacity management solutions market size has grown rapidly in recent years. It will grow from $3.46 billion in 2023 to $4.03 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to patient safety and quality care, improving healthcare infrastructure, real-time monitoring , financial pressures, focus on patient flow.
The hospital capacity management solutions market size is expected to see rapid growth in the next few years. It will grow to $7.44 billion in 2028 at a compound annual growth rate (CAGR) of 16.6%. The growth in the forecast period can be attributed to digital transformation in healthcare, global health challenges, real-time monitoring and analytics, interoperability and integration. Major trends in the forecast period include remote monitoring and telehealth, data-driven decision making, predictive modeling and forecasting, collaborative care models.
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Scope Of Hospital Capacity Management Solutions Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Hospital Capacity Management Solutions Market Overview
Market Drivers –
Government initiatives to enhance patient satisfaction and improve the quality of care have propelled the growth of the hospital capacity management solutions market. The government is encouraging initiatives to enhance the quality of healthcare. These initiatives are driving increased investment in hospital capacity management solutions to catalyze and make the healthcare processes more efficient. For instance, in November 2021, the Government of India, the Government of Meghalaya, and the World Bank signed a US$ 40 million health project for the state of Meghalaya to improve the state’s health services and increase the state’s ability to respond to future health emergencies, such as the COVID-19 pandemic, and the Government of India has also established 638 e-Hospitals throughout India to enhance healthcare infrastructure. Therefore, such initiatives will lead to growth in the hospital capacity management solutions market.
Market Trends –
Technological advancement is a key trend gaining popularity in the connected hospital capacity management solutions market. Many companies operating in the hospital capacity management solutions sector are investing in real-time data to use it to its full potential. Such advancements enable key players to gain a competitive edge in the market. For instance, in October 2021, GE Healthcare, a US-based company that specializes in diagnostics, therapeutics, and monitoring through intelligent devices, partnered with Apprise Health Insights to launch an innovative application that actively handles hospital data and provides almost real-time occupancy statistics. This application allows hospitals to make the most of their resources and provides decision-makers with valuable data so that statewide capacity may be improved and hospitals can cooperatively manage resource limitations. Apprise Health Insights is an Oregon-based, trustworthy, and comprehensive source of hospital data.
The hospital capacity management solutions market covered in this report is segmented –
1) By Componenet: Software, Services
2) By Product: Asset Management, Patient Flow Management Solutions, Workforce Management, Quality Patient Care
3) By Mode Of Delivery: On-Premise, Cloud-based
4) By Application: Standalone Solutions, Integrated Solutions
5) By End-User: Hospitals, Ambulatory Surgical Centers
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Regional Insights –
North America was the largest region in the hospital capacity management solutions market in 2023. The regions covered in the hospital capacity management solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the hospital capacity management solutions market report are GE HealthCare Technologies Inc., Infosys Limited, TeleTracking Technologies Inc., McKesson Corporation, Alcidion Corp., Koninklijke Philips N.V., Epic Systems Corporation, NextGen Healthcare Inc., Stanley Black & Decker Inc., Care Logistic Inc., INFINITT Healthcare Co. Ltd., WellSky Corporation, Simul8 Corporation, Change Healthcare, HealthStream Inc., Allscripts Healthcare Solutions Inc., JVS Technologies Pvt Ltd., Cerner Corporation, Medworxx Solutions Inc., Optum Inc., Premier Inc., Nihon Kohden Corporation, Masimo Corporation, Baxter International Inc., Siemens Healthineers AG, Stryker Corporation, Terumo Corporation, Capsule Technologies Inc., ZOLL Medical Corporation, Vocera Communications Inc.
Table of Contents
- Executive Summary
- Hospital Capacity Management Solutions Market Report Structure
- Hospital Capacity Management Solutions Market Trends And Strategies
- Hospital Capacity Management Solutions Market – Macro Economic Scenario
- Hospital Capacity Management Solutions Market Size And Growth
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- Hospital Capacity Management Solutions Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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