Patient Throughput And Capacity Management Market Report, Demand, Potential and Forecast to 2033
Medical organisations have been driven to use technological solutions that help manage & arrange patient care information in an organised manner by the necessity to align resources in healthcare environments. Hospitals all around the world are using patient throughput and capacity management solutions to deal with the problems posed by managing expanding capacity and space.
Another major trend influencing the patient throughput and capacity management market for such solutions is the ideal utilisation of more functional capacity through solutions that improve patient throughput. According to Persistence Market Research, patient throughput and capacity management systems would be used globally for more than US$ 1.2 billion by the end of 2024.
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According to a survey by Persistence Market Research, the global market for patient throughput & capacity management is currently valued at US$ 834 Mn and is expected to grow gradually at 5% CAGR over the next eight years. The report also predicts that the US and Canada will account for more than half of global revenues obtained from sales of patient throughput & capacity management technologies.
The robust healthcare sector in the area, which is also a supporter of technological improvements and the adoption of intelligent solutions, accounts for North America’s supremacy over the world market for patient throughput & capacity management. With a value CAGR of 5.3%, the patient throughput & capacity management market in Europe will also have a significant impact on the worldwide market.
High Demand for Real-Time Locating System (RTLS) Solutions
The report reveals that an analysis of global sales of patient throughput & capacity management solutions indicates a major upsurge in demand for RTLS solutions. With more than one-third share, RTLS solutions will remain a top-selling product dominating the global market revenues through 2024. Revenues from global sales of workflow management solutions will impose a consistent share on global revenues, while bed management solutions will exhibit revenue growth at 5.2% CAGR during the projected period. A majority of products offered in the global patient throughput & capacity management market will be offered as integrated solutions. Towards the end of 2024, integrated solutions will surpass 65% share on global revenues, while global demand for standalone solutions will register a marginal decline.
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The report also reveals that over 40% of patient throughput & capacity management solutions are delivered through on-premise models. By 2024-end, on-premise delivery of patient throughput & capacity management solutions will net nearly US$ 500 Mn in global revenues. On the other hand, cloud-based delivery is likely to lose out its traction, but will witness a negligible downtrend in terms of revenue growth. The report has also profiled companies such as
- Epic Systems Corporation
- STANLEY Healthcare
- McKesson Corporation
- CERNER CORPORATION
- TeleTracking Technologies, Inc.
- Awarepoint Corporation
- Allscripts
- Care Logistics LLC
- Central Logic
- Sonitor Technologies, Inc.
- Others
as key players of the global patient throughput & capacity management market.
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Global Patient Throughput and Capacity Management Market: Segmentation
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