Press release
Clinical Workflow Solutions Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Allscripts Healthcare Solutions Inc., Ascom Holding AG, Cerner Corporation, Cisco Systems Inc., GE Healthcare
Clinical Workflow Solutions Market Size
The Business Research Company offers in-depth market insights through Clinical Workflow Solutions Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The clinical workflow solutions market size has grown rapidly in recent years. It will grow from $9.49 billion in 2023 to $11.02 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The growth in the historic period can be attributed to growth in healthcare digitalization, electronic health records (ehr), increasing regulatory compliance, increased need for efficiency and productivity, and increased healthcare integration.
The clinical workflow solutions market size is expected to see rapid growth in the next few years. It will grow to $18.82 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing interoperability and data exchange, telehealth and remote care, value-based care models, growing demand for population health management, and increasing adoption of precision medicine. Major trends in the forecast period include artificial intelligence (ai) in healthcare, technological advancements, innovative solutions, strategic collaborations, and healthcare integration solutions
.
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Market Segmentation:
The main types of clinical workflow solutions are real-time communication solutions, data integration solutions, workflow automation solutions, enterprise reporting and analytics solutions, and care collaboration solutions. Real-time communications (RTC) is any mode of telecommunication in which all users can exchange information instantly or with negligible latency or transmission delays. The applications involved are diagnostic, research, and therapeutic applications. The various end-users involved are ambulatory care centers, long-term care facilities, and hospitals.
Major Driver - Surging Disease Prevalence Drives Clinical Workflow Solutions Market Growth
The rising prevalence of diseases is expected to propel the growth of the clinical workflow solutions market going forward. Disease is defined as a condition that impairs the normal functioning of the human body and is manifested by distinct signs and symptoms. Clinical workflows help patients suffering from various diseases by improving the functionality of the healthcare system and offering better healthcare system experiences. For instance, in 2021, according to the International Diabetes Federation, a Belgium-based organization, approximately 537 million adults (20-79 years) were living with diabetes, and the total number of people living with diabetes has been projected to rise to 643 million by 2030 and 783 million by 2045. Therefore, the rising prevalence of diseases is driving the clinical workflow solutions industry.
Competitive Landscape:
Major companies operating in the clinical workflow solutions market include Allscripts Healthcare Solutions Inc., Ascom Holding AG, Cerner Corporation, Cisco Systems Inc., GE Healthcare, Hill-Rom Holdings Inc., Infor Inc., Koninklijke Philips NV, Mckesson Corporation, Stanley Black and Decker Inc., NXGN Management LLC, Spok Inc., AMETEK Inc., Vocera Communications Inc., Capsule Technologies Inc., Veradigm Inc., NEXTGEN HEALTHCARE INC., Baxter International Inc., Atenahealth Inc., athenahealth Inc., STANLEY Healthcare, AZURE HEALTHCARE, Gestalt Diagnostics LLC, Xoran Technologies LLC, PatientKeeper, Smart Data Solutions, Inpeco designs lab automation systems, Aiforia Technologies Oyj, Checkit plc, EmOpti, Healthcare Control Systems, Keena Healthcare Technology, Laurel Bridge Software Inc., Medtronic plc, Siemens Healthineers, Becton, Dickinson and Company
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Top Trend - Rapid Technological Advancements Drive Clinical Workflow Solutions Market
Rapid technological advancements are a key trend that is gaining popularity in the clinical workflow solutions market. Major companies operating in the market are engaging in technological advancements such as the use of conversational AI in clinical workflow automation along with machine learning to sustain their position in the market. For instance, in May 2022, Mindray, a Chinese medical instrument manufacturer, launched the M-connect IT solution in a hospital in Haryana, India. The new offering is helpful in optimizing clinical workflow and ensuring patient safety. It also features M-Connect IT platform, which helps to digitally connect ICU patients with their doctors.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Clinical Workflow Solutions Market Characteristics
3. Clinical Workflow Solutions Market Trends And Strategies
4. Clinical Workflow Solutions Market - Macro Economic Scenario
5. Clinical Workflow Solutions Market Size And Growth
…..
27. Clinical Workflow Solutions Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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