Press release
Patient Flow Management Market Size, Share Industry Growth and opportunity 2025
Patient Flow Management Market
Patient flow management is a central-server software solution that provides patient reception, queuing, routing and interaction management tools to the clinics and departments. The system allows to handle all the aspects of patient flow such as routing, reception, triage, treatment, payment, preparation and administration. The growth of the Patient Flow Management in healthcare market is attributed to the rising adoption of patientcentric approach by healthcare providers and shortage of nursing staff and doctors. However, the market is likely to experience challenge such as shortage of skilled IT technicians and risks associated with cyber threats are expected to limit the growth of the market during the forecast period.
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The major players operating in the global patient flow management market include
McKesson Corporation, Care Logistics, Epic Systems Corporation, Intelligent In Sites, Aptean, Cerner Corporation, Teletracking Technologies, Inc., Central Logic, Allscripts Healthcare Solutions, Inc., and Sonitor Technologies among others.
The market players are indulged into development and introduction of new products and services in the market to sustain their significance. For instance, in April 2016, Care Logistics announced the availability of the Target LOS Tool. The tool is a web based program that assists hospital admissions staff quickly and easily allocate correct patient DRGs and lengths-of-stay targets, helping ensure appropriate care and reimbursements. The developments performed by the companies are helping the market to grow in the coming years.
Global patient flow management market, based on the product was segmented into standalone and integrated systems. In 2017, the standalone segment held a largest market share of 68.4% of the patient simulators, by product. This segment is also expected to dominate the market in 2025. The growth of the market is primarily attributed to the existing large use of standalone systems as these systems are can easily be monitored as well as offers freedom of complete access to all facets. However, the integrated segment is expected to grow with the fastest growth rate of 22.6% during the forecast period, 2018 to 2025.
Key factors driving the market are rising adoption of patient centric approach by healthcare providers in the region and shortage of nursing and physician staff. However, lack of skilled IT professionals to develop these solutions and risks associated with cyber-threats with the use of these management solutions leading to data breach are anticipated to be the factors restraining the market growth.
The report segments the global patient flow management market as follows:
Global Patient Flow Management Market - By Product
Integrated
Standalone
Global Patient Flow Management Market - By Type
Real-time locating systems
Event-Driven Patient Tracking Market
Global Patient Flow Management Market - By Component
Software
Hardware
Services
Consulting Services
Post-Sale & Maintenance Services
Ongoing IT Support & Implementation Services
Global Patient Flow Management Market - By Delivery Mode
Cloud Base
On-Premise
Web-Based
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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