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2022

Clinical workflow solutions Market

Clinical workflow solutions Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product, by Delivery Mode, by End User : Global Opportunity Analysis and Industry Forecast, 2021-2031

LS : Healthcare IT

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Author's: Vikita Thakur | Roshan Deshmukh
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Clinical Workflow Solutions Market Research, 2031

The global Clinical Workflow Solutions Market Size was valued at $9.6 billion in 2021, and is projected to reach $29.3 billion by 2031, growing at a CAGR of 11.8% from 2022 to 2031. Clinical workflow solutions are tools that aid in better coordination between physicians or surgeons, nurses or other staff, and patients by facilitating better workflows and aiding in collaboration in clinics and hospitals. Furthermore, surveillance and analytics are used for effective monitoring of the workflow. By integrating clinical workflow solutions, all the units in the hospital can work in harmony and coordination to offer patients proper safety and care. Such solutions would be beneficial for both the patients and staff due to improved flexibility for optimization of the workflow, better transparency, data cross martyring, satisfactory experience, and varying reimbursement levels. They are also handy in the management and storage of vast medical data that is increasing day by day. A clinical workflow solution fills the void of proper management & integration and can affect the functioning of workflows by making it crucial for clinicians to use the data in multiple applications or extensive search for gathering clinical data to imply it in making clinical decisions

Clinical workflow solutions Market

The key factors that drive the Clinical Workflow Solutions Market Growth are rise in the prevalence of cancer & chronic disease, an increase in demand for technologically advanced solutions such as real-time communication solutions, data integration systems to maintain the healthcare report of patients, and a rise in geriatric population that has a high risk of surgical procedures. For instance, Philips clinical workflow solutions help in managing patient-centered workflows virtually anywhere by synchronizing databases across different departments, vendors and locations. Moreover, in December 2021 Roche launched NAVIFY Oncology Hub to simplify clinical workflows and empower timely, personalized decisions across the oncology care continuum. 

Furthermore, an increase in investments in healthcare infrastructure by the governments and private sectors is anticipated to provide lucrative Clinical Workflow Solutions Market Opportunity for key players operating in the market in the forecast period.. However, the mandate of a well-developed IT infrastructure, high investments, and optimum coordination to develop an interoperable platform for the utilization of data are the factors hindering the growth of the market. Furthermore, a low doctor-to-patient ratio would result into the integration of healthcare IT solutions in order to reduce the ratio which would create an opportunity for the target market.

The clinical workflow solution market is segmented on the basis of product, delivery mode, end-user, and region. By product the market is fragmented into data integration, real-time communication solutions, workflow automation solution, care collaboration solutions and enterprise reporting, and analytics solutions. On the basis of delivery mode, the market is bifurcated into cloud-based and on-premise. By end user, the market is categorized into hospitals, long-term care facilities, and ambulatory care facilities. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By product, on the basis of data integration, the Clinical workflow solution market is further sub-segmented into medical image integration solutions / imaging workflow solutions and EMR integration solutions. On the basis of real-time communication solutions, it is further bifurcated into nurse call alert systems and unified communications solutions. On basis of workflow automation solution, it is further classified into patient flow management solutions and nursing & staff scheduling solutions. On the basis of care collaboration solutions, it is further sub-segmented into medication administration solutions, rounding solutions, others (specimen collection solutions and blood products administration solutions).

Product Segment review

By product, the clinical workflow solutions market is segmented into data integration, real-time communication solutions, workflow automation solution, care collaboration solutions, and enterprise reporting and analytics solutions. In 2021, the data integration segment accounted for the largest Clinical Workflow Solutions Market Share. The dominance of this segment can be attributed to the rise in the prevalence of chronic and autoimmune disorders and the increase in the adoption of artificial intelligence-based data integration solutions by pharma companies to collect data for better understanding of drug performance and differentiation at multiple levels to generate hypothesis or comparison about that particular therapy or drug.

The real-time communication solutions segment is anticipated to grow at a significant rate during the forecast period. Owing to the increasing adoption of advanced real-time communication systems for the purpose of improving communication between physician and patient has fueled the demand for these devices across the world.

Clinical workflow solutions Market by Product

Delivery Mode Segment Review

By delivery mode, the clinical workflow solutions market is segmented into cloud-based and on-premise. The cloud-based segment exhibited the highest growth in 2021, and is anticipated to lead during the forecast period. Cloud-based solutions offer healthcare providers the agility to modify their care delivery models and share information with more flexibility which propels the growth of the Clinical Workflow Solutions Market Size in upcoming years.

The on-premise segment is anticipated to grow at a significant rate during the forecast period. Owing to the fact that on-premise storage does not require a wireless internet connection to retrieve clinical data, making it is considerably less risky. Moreover, the rise in technological advancement in on-premise services.

Clinical workflow solutions Market by Delivery Mode

End User Segment Review

By end user, the Clinical Workflow Solutions Industry is segmented into hospitals, long-term care facilities, and ambulatory care centers. The hospital segment exhibited the highest growth in 2021, and is anticipated to lead during the forecast period, owing to the rise in the prevalence of the chronic disease across the world has increased the demand of clinical workflow solutions in hospitals to track, store, and easily access patients’ medical records.

The long-term care facilities segment is expected to witness considerable market growth during the forecast period, owing to the rising need to streamline administrative tasks, secure clinical information, and improve access to information.

Clinical workflow solutions Market by End User

Region Segment Review

Region-wise, the clinical workflow solutions market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for a majority of the clinical workflow solution market share in 2021 and is anticipated to remain dominant during the forecast period. The clinical workflow solution market is mainly driven by the increasing government initiatives for eHealth, subsequent improvements in the healthcare infrastructure in emerging countries, rising medical tourism, and growing demand for quality healthcare are factors driving the growth of the North America clinical workflow solutions market.

Asia-Pacific was the second largest contributor to the market in 2021, and is expected to register the fastest CAGR during the forecast period. This is due to the presence of high unmet medical needs and constantly improving healthcare infrastructure to cure chronic disorders. In addition, the rapidly growing elderly population in emerging nations is set to drive the market in the Asia-Pacific region. This helps several market players to invest in Asia-Pacific countries, which in turn will further contribute to the growth.

Clinical workflow solutions Market by Region

Allscripts Healthcare LLC, Ascom Holding AG, CISCO, Epic System Corporation, General Electric Company, Infor Inc, Koninklijke Philips N.V., McKesson Corporation, NGXN Management LLC, Oracle Corporation

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the clinical workflow solutions market analysis from 2021 to 2031 to identify the prevailing clinical workflow solutions market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the clinical workflow solutions market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global clinical workflow solutions market trends, key players, market segments, application areas, and market growth strategies.

Clinical workflow solutions Market Report Highlights

Aspects Details
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Market Size By 2031

USD 29.3 billion

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Growth Rate

CAGR of 11.8%

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Forecast period

2021 - 2031

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Report Pages

326

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By Product
  • Data Integration Solutions
    • Type
      • Medical Image Integration Solutions / Imaging Workflow Solutions
      • EMR Integration Solutions
  • Real-time Communication Solutions
    • Type
      • Nurse Call Alert Systems
      • Unified Communications Solutions
  • Workflow Automation Solutions
    • Type
      • Patient Flow Management Solutions
      • Nursing and Staff Scheduling Solutions
  • Care Collaboration Solutions
    • Type
      • Medication Administration Solutions
      • Rounding Solutions
      • Others
  • Enterprise Reporting and Analytics Solutions
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By Delivery Mode
  • Cloud- based
  • On- premise
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By End User
  • Hospitals
  • Long-term Care Facilities
  • Ambulatory Care Centers
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By Region
  • North America  (Mexico, U.S., Canada)
  • Europe  (Germany, France, UK, Italy, Spain, Rest Of Europe)
  • Asia-Pacific  (Rest Of Asia-Pacific, Japan, China, Australia, India, South Korea)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)
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Key Market Players

NXGN Management, LLC, GE Healthcare, Koninklijke Philips N.V., Cerner Corporation, Allscripts Healthcare Solutions, Inc, Cisco Systems, Inc., Infor, Inc., Epic Systems Corporation, McKesson Corporation, Ascom Holding AG

Analyst Review

This section provides various opinions of top-level CXOs in the clinical workflow solution market. In accordance to several interviews conducted, the clinical workflow solution market is expected to witness a significant growth in the future, owing to increased adoption of electronic medical records, interoperability solutions, regulatory reforms and requirements, and shifting of focus toward value-based services are the factors that propel the growth of the market. 

According to the perspectives of CXOs, the clinical workflow solution market is expected to witness steady growth in the future. With rise in the geriatric population, the healthcare providers such as clinics, hospitals diagnostic centers are prioritizing the integration of clinical workflow solutions in all the departments to ensure better workflows of tedious documentation, management of administrative staff as well as healthcare professionals and to have an ease in accessing to clinical patient data required for decision making are anticipated to fuel the market growth. In addition, surge in investments in R&D by pharmaceutical companies, the growing healthcare expenditure, and rise in technological advancement are the key factors that drive the growth of the market.

However, high investment costs, data security, privacy concerns, and increasing interoperability issues are projected to challenge the clinical workflow solutions market during the forecast period and hence, hamper the growth of the market.

On the contrary, advancements in software technology and the growing need of telehealth and remote patient monitoring in emerging economies such as India, China, Mexico, and Brazil are expected to provide opportunities for the growth of the clinical workflow solution market in the future.

Further, North America is expected to witness the highest growth, in terms of revenue, owing to upgraded health infrastructure, rise in illness & infection prevalence, increase in emphasis on the creation of novel goods and surge in the number of regional enterprises reporting & analytics solutions are the factors, which propel the growth of the market.

Asia-Pacific was the second largest contributor to the market in 2021, and is expected to register the fastest CAGR during the forecast period, owing to rise in prevalence of cancer and chronic diseases, increase in geriatric population, improved health care infrastructure, surge in disposable income, and increase in public awareness.

Author Name(s) : Vikita Thakur | Roshan Deshmukh
Frequently Asked Questions?

The upcoming trends are a rise in the prevalence of cancer & chronic disease, an increase in demand for a technologically advanced solution such as real-time communication solution, data integration systems to maintain the healthcare report of patients, and a rise in the geriatric population that has a high risk of surgical procedures.

The total market value of the Clinical Workflow Solution market is $29,255.17 million in 2031

North America is the leading application of Clinical workflow solutions Market

The forecast period in the report is from 2022 to 2031

The market value of the Clinical Workflow Solution market in 2021 was 9,630.18 Million

The base year for the report is 2021

Yes, Clinical Workflow Solution market companies are profiled in the report

The top companies that hold the market share in Clinical Workflow Solution market are Allscripts Healthcare LLC, Ascom Holding AG, CISCO, Epic System Corporation

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Clinical workflow solutions Market

Global Opportunity Analysis and Industry Forecast, 2021-2031