During the forecast period, the hospital capacity management solutions market is expected to grow at a CAGR of 5.1% on average. As a result, the market is expected to generate US$ 1.9 billion in revenue by 2033, with a share of US$ 1.1 billion in 2023.
Rising healthcare innovation, along with advanced documentation and automation, is altering the healthcare system’s dynamics. The increased demand for long-term and well-organized solutions is limiting and reducing patient readmissions and medical errors. By preventing incorrect patient placement, HCMS systems reduce healthcare costs and systemize adequate capacity. Furthermore, increased government support for healthcare facilities, combined with digital health solutions, is bringing down the rising cost of healthcare. Physical capacity, patient throughput, and frontline staff are all driving sales of hospital capacity management solutions.
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Key Takeaways of Hospital Capacity Management Solutions Market Study
- RTLS (Real time locating system) accounted for approximately 34% of the hospital capacity management solutions market in 2021 and is expected to remain the market leader throughout the forecast period.
- In 2021, cloud-based hospital capacity management solutions contributed roughly one-fifth of market value.
- North America and Europe collectively accounted for more than 70% of the total share of the hospital capacity management solutions market in 2021.
- Brazil, China, South Africa, and India are expected to emerge as lucrative markets, but they pale in comparison to the United States and Europe.
Expansive Prominence in the hospital capacity management solutions market
Taking the expansive way of growth helps in strengthening the solutions’ and software’s portfolio; as e-Health has picked up pace looking at the accuracy and need for data management.
- In May 2022, STANLEY Healthcare announced the incorporation of AeroScout Real-Time Location System (RTLS) with certification from Cisco DNA Spaces. The goal of this move is to bring an economic solution to the healthcare industry.
- Allscripts has its “2bPrecise” platform, which combines clinical information from the client’s preferred EHR with genomic/genetic data from molecular labs to create a comprehensible patient record. This results in more precise diagnoses at a faster rate.
- TeleTracking Technologies offers a Capacity Management Suite with PreAdmitTracking and an electronic bedboard to facilitate patient access and placement.
“Precise, real-time navigation with the patient will boost the hospital capacity management solutions market.” says the FMI Analyst.
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Scope of the Report
| Attribute | Details |
| Forecast Period | 2015-2021 |
| Historical Data Available for | 2022-2030 |
| Market Analysis | USD Billion for Value |
| Key Countries Covered | US, Canada, Brazil, Mexico, Argentina, Germany, U.K., France, Italy, Spain, BENELUX, Russia, Nordic, China, Japan, South Korea, India, Indonesia, Malaysia, Thailand, Australia, New Zealand, GCC Countries, South Africa, Turkey |
| Key Segments Covered | Product, Application, Delivery Mode and Region |
| Key Companies Profiled | • Cerner Corporation • Epic Systems Corporation • TeleTracking Technologies, Inc. • Sonitor Technologies, Inc. • STANLEY Healthcare • Allscripts • McKesson Corporation • Arcomed AG • Koninklijke Philips N.V. • JVS Group • Infosys Limited • Neusoft Corporation • INFINITT Healthcare Co. Ltd • AWAREPOINT CORPORATION • Care Logistics LLC |
| Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
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Want more insights?
Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global hospital capacity management solutions market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
The study provide compelling insights on hospital capacity management solutions market on basis of product type (workflow management solution, asset management solution, bed management solution, quality patient care solution, real time locating system (RTLS), and event driven solutions { online registration solution, attendance management tools, event driven patient tracking, others}), application (standalone solutions, integrated solutions), delivery mode (on premise, cloud-based) across seven major regions
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