Clinical Workflow Solution Market to Reach USD 49.1 Billion by 2033 with Robust 16.8% CAGR | Future Market Insights Inc.

The value of the global clinical workflow solution market is anticipated to increase from USD 10,352.1 million in 2023 to USD 49,056.3 million by 2033. This projected growth will be mostly fuelled by a remarkable CAGR of 16.8% in the next decade for the global clinical workflow solution market.

The running trend of digitization is propelling the adoption of clinical workflow solutions in healthcare institutes. Thus, in medical settings, there is an upsurge in the integration of these solutions for increased access to patient's clinical as well as administrative data, and reduced paperwork requirements. Caregiver's demand for better clinician efficiency and patient-centric care delivery are propelling the sales of clinical workflow solutions.

Surging research and development activities for advancements in these solutions, along with soaring patient admission in hospitals, are generating immense amounts of patient data. Thus, fueling investments in these solutions. The rising shortage of healthcare IT professionals in developed as well as developing economies is creating a conducive environment for the clinical workflow solution market.

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Key players are eyeing developing economies as their target markets for clinical workflow solutions. Due to the increasing patient base seeking healthcare services, key players are heavily investing in regions like Asia Pacific.

Key Takeaways from the Clinical Workflow Solution Market Report

The United States market is predicted to expand at a CAGR of 8.1%, whereas Canada is expected to exhibit a CAGR of 5.4% through 2033.

Within Europe, the United Kingdom and Spain are the promising clinical workflow solution market, registering CAGRs of 7.4% and 7.2%, correspondingly, through 2033.

In Asia Pacific, China, India, Japan, and South Korea are expected to register strong CAGRs of 22.5%, 20.5%, 17.5%, and 14.3%, respectively, during the forecast period through 2033.

By end use, the hospital segment is expected to hold 42.2% in 2023.

Data integration solutions are expected to hold 27.4% share in the global market in 2023.

"The Clinical Workflow Solution Market is experiencing rapid growth due to the increasing demand for streamlined healthcare operations and improved patient outcomes. Technological advancements, coupled with the need for better resource management and compliance with regulatory standards, are key drivers fueling this expansion." Opines Sudip Saha, managing director at Future Market Insights (FMI) analyst.

Leading players in the Clinical Workflow Solution Market are

Allscripts Healthcare Solution, Inc.
Cerner Corporation
NXGN Management LLC
McKesson Corporation
Koninklijke Philips N.V.
Hill-Rom Services, Inc.
Cisco
General Electric,
Stanley Healthcare
Vocera Communications
ASCOM
Atenahealth Inc.

Key Developments by Clinical Workflow Solution Market Players

Relatient, in September 2022, released Dash Chat-an interactive chat solution that enables streamlined 2-way contact between patients and employees directly from the provider group's website. This technology allows employees and doctors to swiftly respond to routine patient inquiries meanwhile curtailing call volume and boosting overall patient satisfaction by offering constant access to care.

In August 2022, Indonesia introduced SATUSEHAT, a healthcare data integration platform as it exerts toward digital transformation. This platform is aimed at facilitating the execution of other Indonesian health system transformation pillars like health financing systems transformation, referral services transformation, human resource transformation, primary services transformation, and health resilience systems transformation in the healthcare sector.

In January 2022, Wolters Kluwer, officially disclosed the debut of Ovid® Synthesis, which is a new suite of applications to bolster the highly efficient evidence-based workflows in the healthcare settings that supplement Ovid's premium medical content. The solution, in its entirety, boosts research activity, thus supporting evidence-based practice.

Key Segments Covered in Clinical Workflow Solution Industry Survey

By Type:

Data Integration Solution
EMR Integration Solution
Medical Image Integration Solution
Real-time Communication Solution
Nurse Call Alert Systems
Unified Communication Solution
Clinical Workflow Automation Solution
Patient Flow Management Solution
Nursing and Staff Scheduling Solution
Care Collaboration Solution
Medication Administration Solution
Perinatal Care Management Solution
Rounding Solution

By End-use Application:

Hospitals
Long-term Care Facilities
Ambulatory Care Centers
By Region:

North America
Europe
Asia Pacific
Middle East and Africa
South America

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