Global Patient Flow Management Solutions Market is segmented on the basis of component as hardware, software and services, 2022

Global Patient Flow Management Solutions Market is segmented on the basis of component as hardware, software and services. Patient Flow Management is the process that involves efficient managing of the patient flow information obtained from the inpatient, elective, emergency, outpatient and other hospital systems. This ultimately allows the operator to supervise the patient journey within the hospital from admission to discharge more effectively.

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With the utilization of these solutions, various actions like visualizing real time bed capacity and demand, checking patient status with a quick look and estimating the future demand all have become much simple with the help of a computer, mobile device as well as a touch screen journey board.

It has been observed that patient flow management can tackle many challenges like deficiency of visibility of capacity to meet demand, overcrowding, imperfect visibility of patient status, bed block, poor discharge planning, ineffective inter departmental communication that are normally encountered by the market.

The prominent factors that are contributing in boosting up the demand of patient flow management solutions include huge returns on investment through the adoption of the solutions, augmented demand for enhanced quality of care, increased emphasis on patient satisfaction, and rise in the incentives by various governments for the adoption of HCIT and patient flow management solutions.

There are a number of advantages attached with the use of patient flow management solutions entailing cost reduction, augmented patient throughput, increased staff productivity, and potential to deal with large number of patients across the care continuum. They all are together fuelling the demand of these solutions.

The only factors that are acting as major hurdles in the growth of the market include enormous investments, deficiency of skilled analysts, and increasing concerns about security of patient data.

Global Patient Flow Management Solutions Market is segmented on the basis of delivery modes as web-based, on-premise, and cloud-based. Global Patient Flow Management Solutions Market is segmented on the basis of types as Real Time Locating System (RTLS) and event driven solutions. Global Patient Flow Management Solutions Market is segmented on the basis of products as standalone and integrated solutions. Global Patient Flow Management Solutions Market is segmented on the basis of geography as North America, Europe, Asia Pacific and Rest of the World.

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As far as the geographical region is concerned, North America is currently leading the market and is simultaneously accounting for the largest share in the market. On the other hand, Europe is also emerging as one of promising regions and is deemed as the second largest market across the world. Asia Pacific is also growing considerably, the reason being rising HCIT adoption, competence in IT skills, and development of healthcare sector in countries like India.

The key players operating in the Patient Flow Management Solutions Market include Allscripts Healthcare Solutions, Inc., TeleTracking Technologies, Inc., Epic Systems Corporation, LLC, Central Logic, Inc., McKesson Corporation, Medworxx Solutions, Inc., STANLEY Healthcare, Sonitor Technologies, Inc., Cerner Corporation, Awarepoint Corporation, Care Logistics, and Intelligent InSites, Inc

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