About Hospital Capacity Management Solutions
Hospital Capacity Management solution empowers hospital executives, administrators, and clinical staff with real-time hospital capacity planning and asset tracking. The hospital Capacity Management solution market has high growth prospects owing to increasing spending on technological advancement in the healthcare industry. Further, the growing adoption of cloud-based solutions in the healthcare industry expected to drive market growth over the forecasted period. The ongoing coronavirus pandemic has accelerated the need for hospital capacity management solutions.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.7% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Hospital Capacity Management Solutions market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allscripts Healthcare Solutions, Inc (United States), Cerner Corporation (United States), McKesson Corporation (United States), Epic Systems Corporation (United States), TeleTracking Technologies Inc.(United States), Sonitor Technologies AS (United States), Infosys Limited (India), JVS Group (India), INFINITT Healthcare Co. Ltd. (South Korea) and Neusoft Corporation (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hospital Capacity Management Solutions market by Type (Workflow Management Solutions, Asset Management Solutions, Bed Management Solutions, Quality Patient Care Solutions, Real Time Locating System (RTLS) and Event Driven Solutions) and Region.
On the basis of geography, the market of Hospital Capacity Management Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Model, the sub-segment i.e. On-Premises will boost the Hospital Capacity Management Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Hospital Capacity Management Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Technical Development in Hospital Capacity Management and Increase in Demand for Integrated Health Care Systems
Market Growth Drivers:
Rising Demand for Better Health Care Facilities Globally and Government Initiative for AUtomation in Healthcare Industry
Challenges:
Lack of Trained Health Care IT Professionals and Poor Healthcare Infrastructure in Underdepoeles Countries
Restraints:
Data Privacy Concerns
Opportunities:
Growing Healthcare Infrastructure in the Developing Economies and Rising Adoption of Cloud-Based Solutions in the Healthcare Industry
Market Leaders and their expansionary development strategies
In February 2023, Biofourmis, a leading global technology-enabled care delivery provider, today announced a four-year engagement with Augusta University Health (AU Health) to expand its Virtual Care at Home program across the continuum. The collaboration will focus on improving throughput in the emergency department (ED) and inpatient setting, reducing hospital readmissions, enabling optimal clinical outcomes, and improving the experience of patients and their families.
In October 2020, The Johns Hopkins Hospital Launches Capacity Command Center to Enhance Hospital Operation. In partnership with GE HealthCare, The Johns Hopkins Hospital launched their Capacity Command Center to solve tough patient challenges with systems engineering, predictive analytics, and innovative problem-solving.
Key Target Audience
Healthcare Technology Providers, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.