Clinical workflow solutions market - Global Opportunity Analysis and Industry Forecast, 2020-2027
A08193 | Pages: NA | Jun 2021 | 205 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Clinical Workflow Solutions Market
Request Now !Clinical workflow solutions are tools that aid in better coordination between physician or surgeon, nurses or other staff, patients by facilitating better workflows and aiding in the 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 offers 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 management and storage of vast medical data that is increasing day by day.Â
A workflow solution void of proper management and integration 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. Due to constant pressure on clinical workflow service providers, they are offering efficient and advanced solutions in the market.Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast units |  Value ($) |
 Segments covered |  Types, End users and Region |
 Geographies covered | •            North America (U.S., Canada, Mexico) •            Europe (France, Germany, UK, Italy, Spain, Rest of Europe) •            Asia-Pacific (Japan, China, India, Australia, South Korea, Rest         of Asia-Pacific) •            LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA) |
 Companies covered | McKesson Corporation Inc., NextGen Healthcare Information Systems, Philips Healthcare, Cisco, Hill-Rom Holdings, Athena Health, Cerner Corporation, GE Healthcare, Allscripts and Koninklijke Philips N.V. |
Â
COVID – 19 scenario analysis: Â
- The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
- Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
- Over 4 million people affected globally, with 300 thousand losing their lives due to novel coronavirus
- Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
- Due to diversion of medical field towards treating COVID-19, the funding to R&D activities related to chondroitin sulfate has been reduced and this segment have to face negligence subsequently causing negative impact on clinical workflow solutions market
- However, clinical workflow solutions can be of great importance in this COVID-19 pandemic period as they would help the healthcare authorities, professionals, clinicians and patients as well in better coordination and ensure proper care in these chaotic times
- In order to distress the healthcare providers and increase efficiency, governments are planning to implement clinical workflow solutions across a majority of hospitals providing COVID-19 related healthcare services
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The healthcare providers constantly have to adopt to advanced technologies as they face challenges on regular basis. Providing quality healthcare, efforts to reduce the cost of treatments, geriatric and aging population, dearth of resources and lack of operating standards for treatment routines are some of the factors that ensure surge in the demand for quality care which would fuel the market growth for clinical workflow solutions.Â
The healthcare providers like 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. Furthermore, to increase the usage of interoperable quality solutions, the hospitals having sub branches also have to share the data with other branches. Thus, the growing demand for delivering seamless and quality care to the patients and enhance productivity is bolstering the demand for clinical workflow solutions.
The importance of clinical workflow solutions has been rising over the period of time and has been appreciated by several entities from public and private sectors. The integration of Electronic Healthcare Record along with workflow solutions is creating better opportunities for the workflow systems. The constant upgradation of these systems for ease in data storage, retrieval and reduction in complexities, cloud based computing to manage clinical database and interoperability of data are increasing the acceptance rate of workflow solutions. Market entities are striving for enhancing the presence by the development of said software. Government policies supporting implementation of clinical workflow solutions are further expected to increase demand for these systems in the coming years.
However, mandate of a well-developed IT infrastructure, high investments and optimum coordination to develop an interoperable platform for utilization of data are the factors hindering the growth in the market. Furthermore, low doctor-to-patient ratio would result into integration of healthcare IT solutions in order to reduce the ratio which would create an opportunity to the target market.
North America to dominate the market while Latin America expected to have highest CAGR
North America to dominate the clinical workflow solutions market. The dominance is due to factors like rise in the global prevalence of chronic diseases and higher adoption of technology in the region resulting for higher demand for innovative treatment technologies is propelling the market in the United States. Drastic rise in healthcare expenditure and high strain to achieve better health outputs at lower costs, availability of a well-developed infrastructure and government initiatives regarding the effective usage of EHR, interoperability and high focus on patient care are propelling the market for clinical workflow solutions in the region. For instance, as per EHR intelligence, in August 2018, the U.S. government invested $ 38 billion in healthcare facilities to install EHR systems since 2011.
Similarly, government initiatives for usage of eHealth, recent developments in healthcare infrastructure and growth in healthcare expenditure demanding for quality healthcare in developing economies, are the growth drivers for South American clinical workflow solutions market.Â
Data Integration Solutions expected to have significant growthÂ
Data Integration solutions had an immense growth and the largest share in product sub-segment. The surge in demand for adequate clinical data management, data storage and retrieval solutions with capabilities of handling the increasing volume of data sets obtained from patients and interoperable platforms. Additionally, favoring policies by government to increase digitization and IT-based management solutions in healthcare sector and the need to curb down healthcare costs are boosting the clinical workflow solutions market growth.
Key segments:
Segments | Sub-segments |
 Type |
|
 End Users |
|
Â
Key benefits of the report:
- This study presents the analytical depiction of the global clinical workflow solutions industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global clinical workflow solutions market share.
- The current market is quantitatively analysed from 2020 to 2027 to highlight the global clinical workflow solutions market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global clinical workflow solutions market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Clinical Workflow Solutions Market research report:
- Who are the leading market players active in the clinical workflow solutions market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the clinical workflow solutions market?
- What are the projections for the future that will help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Clinical workflow solutions market - Global Opportunity Analysis and Industry Forecast, 2020-2027- Global Opportunity Analysis and Industry Forecast, 2020-2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers