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Integrated Patient Care Systems Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
The new report published by The Business Research Company, titled "Integrated Patient Care Systems Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the integrated patient care systems market size has grown rapidly in recent years. It will grow from $20.46 billion in 2023 to $23.32 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The integrated patient care systems market size is expected to see rapid growth in the next few years. It will grow to $39.78 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%.
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Impact Of Electronic Health Records (EHR) Adoption On Integrated Patient Care Systems Market
The increasing adoption of electronic health records (EHR) is expected to propel the growth of the integrated patient care systems market going forward. Electronic health records (EHR) refer to digital systems that securely store and manage patient health information, enabling efficient access, sharing, and analysis among healthcare providers. The demand for electronic health records (EHR) systems has been rising due to several factors, such as improved efficiency, data centralization and accessibility, interoperability, and patient engagement. Electronic Health Record (EHR) systems are critical components of integrated healthcare systems because they allow for smoother information sharing, improved care coordination, and better patient outcomes. In integrated healthcare systems, EHR interoperability is critical to ensuring that patient information is securely and efficiently transferred across many healthcare settings. For instance, in November 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, the percentage of office-based physicians using the EHR system was 88.2%, whereas the percentage of office-based physicians with a certified EHR system was 77.8%. Therefore, the increasing adoption of electronic health records (EHR) is driving the growth of the integrated patient care systems market.
Revolutionizing Healthcare Delivery Through AI-Powered Patient Monitoring Framework
Major companies operating in the integrated patient care systems market are focused on co-developing advanced technological solutions, such as artificial intelligence (AI)-powered device-integrated patient monitoring frameworks, to gain a competitive edge in the market. An artificial intelligence (AI)-powered device integrated patient monitoring framework refers to a sophisticated system within an integrated healthcare setup that utilizes AI technology to continuously monitor patients' health status and provide real-time insights. For instance, in June 2021, Max Healthcare, an India-based healthcare company, in partnership with MyHealthcare, an India-based digital healthcare company, launched the Max MyHealth+ ecosystem, an AI-powered device-integrated patient monitoring framework that has integrated blood pressure monitors, ECG (electrocardiogram), heart rate devices, and blood sugar monitoring devices. The device-integrated products will enable patients to use clinical devices at home that are easily connected to the Max MyHealth+ app. The clinical data collected is managed using automatic trend analysis and vital alerts. Remote care monitoring and the utilization of care programs will allow Max Healthcare to manage their patients wherever they are located.
The integrated patient care systems market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Delivery Mode: Web Or Cloud-Based Systems, On-Premise Systems, Hybrid Models
3) By Application: Electronic Health Or Medical Records, Real-Time Healthcare, Patient Engagement, Prescription Management, Other Applications
4) By End User: Hospitals, Clinics, Diagnostic Centers, Pharmacies, Other End Users
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Major companies operating in the integrated patient care systems market are McKesson Corporation, International Business Machines Corporation, Oracle Corporation, GE HealthCare, Koninklijke Philips N.V., Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC, eClinicalWorks, Siemens Healthineers, InterSystems Corporation, Medical Information Technology Inc., Computer Programs and Systems Inc., Optum Inc., Vocera Communications Inc., Advantech Co. Ltd., CareCloud Inc., Greenway Health LLC, NantHealth Inc., CureMD, GetWellNetwork Inc., PatientSafe Solutions Inc., SONIFI, Compulink Advantage
Contents of the report:
1. Executive Summary
2. Integrated Patient Care Systems Market Report Structure
3. Integrated Patient Care Systems Market Trends And Strategies
4. Integrated Patient Care Systems Market - Macro Economic Scenario
5. Integrated Patient Care Systems Market Size And Growth
…..
27. Integrated Patient Care Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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