Patient flow management solutions are increasingly being adopted by healthcare providers across the globe and particularly in the U.S.
The healthcare industry is undergoing a fundamental transformation globally as it shifts from a volume-based business to a value-based business.
Patient flow management solutions market is segmented by type (RTLS, event driven), product (integrated, standalone), component (hardware, software, services) & delivery mode (web-based, on-premise, cloud-based).
Growing demands from consumers for improved healthcare quality and greater value are forcing healthcare providers and payers to deliver optimized outcomes. In addition, the number of hospital admissions is rising globally but the healthcare infrastructure is not growing at a similar pace leading to overburdening of the healthcare system. In order, to overcome l these challenges and meet consumer expectations, healthcare providers are increasingly adopting patient flow management solutions which enable them to provide improved healthcare at reduced costs.
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Patient flow management solutions will be among the priorities on the investment list of healthcare organizations for highly streamlined patient flow outcomes and cost management. Based on the mode of delivery, web-based solutions form the largest segment of the patient flow management solutions industry in 2014. However, cloud-based solutions are the fastest-growing delivery mode. The major factors driving the patient flow management solutions market are the high return on investment achieved by adopting the solutions, demand for improved quality of care and focus on patient satisfaction, and incentives by the various governments for the adoption of patient flow management solutions.
“The Real Time Locating System (RTLS) market is expected to grow at a higher rate.”
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In the segmentation based on type of solutions, the event-driven market will continue to hold a major market share during the forecast period. However, the Real Time Locating System (RTLS) market is expected to grow at a higher rate due to increasing awareness about RTLS-driven patient flow solutions and their benefits.
“North America is expected to grow at the highest CAGR”
Based on geography, North America is expected to grow at the highest CAGR. The high growth in the North American region can be attributed to factors such as government initiatives for patient flow management solutions, shift towards a patient centric approach, and the focus on reducing healthcare costs.
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The patient flow management solutions industry is a fragmented with many small and few large players. The companies in this market focus on growth strategies such as client acquisitions; agreements, partnerships, collaborations, and alliances; new product launches; and others (event participation, marketing and promotion, and expansion) to increase their customer base.
The major players in the global patient flow management solutions market include
- Allscripts Healthcare Solutions, Inc. (U.S.)
- Awarepoint Corporation (U.S.)
- Care Logistics, LLC (U.S.)
- Central Logic, Inc. (U.S.)
- Cerner Corporation (U.S.)
- Intelligent InSites, Inc. (U.S.)
- McKesson Corporation (U.S.)
- Medworxx Solutions, Inc. (Canada)
- STANLEY Healthcare (U.S.)
And many more
Reasons to Buy the Patient Flow Management Solution Market Report:
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.
The report on Patient Flow Management Solution Industry provides insights on the following pointers:
• Market Penetration: Comprehensive information on product portfolio and services offered by the 10 major players in the patient flow management solutions market. The report analyzes patient flow management solutions across geographies
• Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and new product launches in the patient flow management solutions market
• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets patient flow management solutions across geographies
• Market Diversification: Extensive information about new products and services, untapped geographies, recent developments, and investments in the patient flow management solutions market
• Competitive Assessment: In-depth assessment of strategies, products, and services of leading players in the patient flow management solutions market
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