Press release
Global Patient Flow Management Solutions Market Size to reach USD 2531.56 million by 2025
Verified Market Research
According to Verified Market Intelligence, the global patient flow management solutions market was valued at USD 366.49 million in 2016 and is projected to reach USD 2531.56 million by 2025, growing at a CAGR of 21.32% from 2017 to 2025.
Patient flow management solution is a type of system software used by the hospital staff in order to track patient’s information enrolled in for the treatment. For effective workflow in the healthcare organization, this solution uses the statistical and analytical software in combination. It mainly aims at the following aspect: improved quality of patient care, satisfaction, reducing the paperwork and increasing communication between the patients and the hospital staff.
Increasing focus on patient-centric healthcare, cost benefits in hardware and software, shortage of nursing staff forcing usage of digital solutions and need to lessen cost in healthcare has been driving the global patient flow management solutions market. Apart from this, growing incentives from government to support usage of HCIT and Shortage of nursing staff forcing usage of digital solutions has also contributed to the growth. While lack of IT professionals, data breach risks and lack of infrastructure acts a potential restraint for the overall market at a global level.
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Competitive Landscape:
The major players in the market are as follows:
Teletracking Technologies Inc.
Allscripts Healthcare Solutions, Inc.
Cerner Corporation
Mckesson Corporation
Central Logic, Inc.
Medworxx Solutions, Inc.
Stanley Healthcare (Stanley Black & Decker, Inc.)
Sonitor Technologies
Awarepoint Corporation
Care Logistics Llc
Intelligent Insites, Inc.
Epic Systems Corporation
Segments covered under the mobile biometrics market report are as below:
BY PRODUCT
• Integrated
• Standalone
BY TYPE
• Event-Driven Patient Tracking
• Real-Time Locating Systems
BY COMPONENT
• Hardware
• Software
• Services
Consulting Services
Ongoing It Support & Implementation Services
Post-Sale & Maintenance Services
By Geography
• North America
• South America
• Latin America
• Europe
• Asia Pacific
• Rest of the World
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Browse reports of similar category available with Million Insights:
• Healthcare Biometrics Market
• Radiology Information System Market
• Cardiovascular Information System Market
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