The Hospital Capacity Management Solutions Market is anticipated to grow on average at a CAGR of 5.1% during the forecast timeframe. As a result, the industry is expected to generate US$ 1.9 billion in sales by 2033, with a share of US$ 1.1 billion in 2023. According to FMI, a market research company that has earned ESOMAR certification, the global market for hospital capacity management solutions will grow by 4.9% year over year in 2022 to hit US$ 1.08 billion.
Large patient care facilities are using hospital capacity management systems to ensure a smooth workflow in terms of downtime and expense. During the forecast period, this element is anticipated to push the market for hospital capacity management solutions.
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Key Takeaways of Hospital Capacity Management Solutions Market Study
- RTLS (Real time locating system) accounted for around 34% of hospital capacity management solutions market in 2021 and is expected to continue with being top-seeded in the forecast period
- Cloud-based hospital capacity management solution contributed for around 3/5th of market value share in 2021
- Cumulatively, North America and Europe contributed for more than 70% of the total share of the hospital capacity management solutions market in 2021
- Countries such as Brazil, China, South Africa, and India are expected to are emerging as lucrative markets, but pale in comparison to US 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.
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- STANLEY Healthcare, in May 2022, announced the assimilation of AeroScout Real-Time Location System (RTLS) with certification from Cisco DNA Spaces. The objective of this move is to table economic solution across the healthcare industry
- Allscripts has its “2bPrecise” platform that takes in clinical information from the EHR preferred by client along with genomic/genetic data from the molecular labs, thereby giving a comprehendible patient record. This gives precise diagnoses at a faster rate.
- TeleTracking Technologies have their Capacity Management Suite with PreAdmitTracking with electronic bedboard to enable patient access as well as 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
Major Contributors of the Hospital Capacity Management Solutions Market are:
- 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
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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.
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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
Key Segments
By Product:
- Workflow Management Solution
- Asset Management Solution
- Bed Management Solution
- Quality Patient Care Solution
- Real Time Locating System (RTLS)
- Event Driven Solutions
- Online Registration Solution
- Attendance Management Tools
- Event Driven Patient Tracking
- Others
By Application:
- Standalone Solutions
- Integrated Solutions
By Delivery Mode:
- On Premise
- Cloud-Based
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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