About Critical Care Information System
The rise in the geriatric population augments the growth of the Critical Care Information System (CCIS) in the forecasted period. The critical care information system (CCIS) provides near-real-time data on every patient admitted to hospitals. Critical care information systems are used to help manage a large amount of data generated in an intensive care unit every day. Also, the system provides information on bed availability, critical care service utilization, and patient outcomes through the ‘Reports’ functionality. The system provides an important medium for monitoring and managing the province’s critical care resources more effectively, and for highlighting opportunities to implement quality improvement initiatives at individual hospitals.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 8.1% |
The market is highly competitive due to the presence of several prominent vendors. Some of the leading vendors are adopting some organic and inorganic strategies such as a merger, acquisition, product launches, and partnerships, among others in order to gain competitive advantage. Moreover, some of the leading vendors are focusing on technological advancements in order to offer advanced products by adhering industries requirements. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Critical Care Information System 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.
Siemens Healthcare (Germany), All Scripts Healthcare Solutions (United States), Cerner Corporation (United States), CompuGroup Medical (Germany), Computer Sciences Corporation (United States), iSOFT Group Limited (Australia), Picis Clinical Solutions (United States), Optum, Inc (UnitedHealth Group), McKesson Corporation (United States) and Affiliated Computer Services Inc (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Critical Care Information System market by and Region.
On the basis of geography, the market of Critical Care Information System 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. On-Premise will boost the Critical Care Information System 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 Critical Care Information System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Extensive Use of Physiological Monitoring and Organ Support Systems and Rising demand for Higher Standards of Care and Increasing Efficiency Whilst Decreasing The Error
Market Growth Drivers:
Growing Need for Medical Record System
Challenges:
The Technical Challenges of Software Development
Restraints:
Introduction of Data Analytics, Mobility and Decision Support Systems and Costly Process of Purchasing as well as Implementing a Critical Care Information System
Opportunities:
Enhanced Digitization of the Healthcare Processes and Implementation of Telehealth and The Emergence of Big Data Analytics
Market Leaders and their expansionary development strategies
On 16th May 2022, Cerner, a global health platform and innovation company, unveiled Anuva HealthTM, its new near-site health network offering. The offering combines in-person and virtual health care services for employers looking to provide a unique benefit to employees to support improved health and lower costs. Anuva Health is designed to provide a convenient option for members and a cost-effective solution for employers.
In March 2024, Tata Elxsi and Dräger, a global leader in medical and safety technology, have announced a collaboration to advance critical care innovation in India. As part of this collaboration, Dräger is expanding its research and development presence by establishing a new Offshore Development Center (ODC) at Tata Elxsi's facility in Pune. The ODC will focus on developing innovative critical care medical devices for both local and international markets. This partnership combines Tata Elxsi's design and technology expertise along with Dräger's expertise in medical and safety technology.
Key Target Audience
Critical Care Information System Providers, Government Regulatory Bodies, Government Research Organizations, Private Reaserch Orgnizations 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.