0
New
New
2022
Hospital Capacity Management Solution Market

Hospital Capacity Management Solution Market

by Product Type (Workflow Management Solutions, Bed Management Solutions, Patient Flow Management Solutions, Others), by Component (Services, Software), by End User (Private Hospitals, State Owned Hospitals, Community Hospitals): Global Opportunity Analysis and Industry Forecast, 2021-2031

Report Code: A15070
Pages: 315
Oct 2022 | 859 Views
Author(s) : Swapna S , Onkar S
Tables: 163
Charts: 63
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

Hospital Capacity Management Solution Market Research, 2031

The global hospital capacity management solution market size was valued at $2.9 billion in 2021, and is projected to reach $6.8 billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031. Hospital capacity management (HCM) assists healthcare facilities in efficiently managing patient services and making the best use of existing resources to facilitate treatment services and increase revenue. It includes the technologies and devices for managing beds that track bed use rates and oversee the admission and upkeep of beds.

The drivers of the hospital capacity management solution market size are rise in the patient pool in hospitals for chronic diseases, the rise in demand for ambulatory hospital management solutions, adoption of the digitalization, rise in the demand for the IoT based healthcare services, and increase in demand for integrated health care systems.

The COVID-19 pandemic has proved to be an incomparable global public health emergency that has affected almost every industry and the effects are expected to impact every industry growth during the forecast period. Several changes in consumer demand and behavior, buying habits, supply chain redirection, and significant government initiatives have been seen around the globe.

Hospital Capacity Management Solution Market

According to the CDC, 1 in 4 U.S. adults have two or more chronic conditions, while more than half of older adults have three or more chronic conditions and these types of conditions occurring rises with the age. Thus, the growing burden of diseases and the corresponding rise in patient volumes highlights the need for the hospital capacity management solutions.

One of the main factors propelling the growth of this market is the rise in the need for better healthcare facilities, increased investment by healthcare IT businesses, and rapid technical innovation in hospital capacity management solutions.

The COVID-19 pandemic witnessed a great demand for hospital beds and related facilities. However, improvements in IoT technology and compatibility, along with capacity management software, location & sensing devices, offered benefits such as faster patient flow, better bed circulation, resource optimization for employees & essential medical equipment, and shorter stay times. Moreover, the increase in number of hospitals is boosting the growth of this market.

In addition, researchers and IT technicians together are trying to innovate and develop new software and services that can be easily accessible to the healthcare providers. The companies are focusing on bringing advanced integrated software with high accuracy and having high data security, which causes the large scale investment by the key players. Moreover, there is a huge focus of the key players on product approval and expansion which  will further provide the prevalence of  factors causing the growth of the market. For instance, Philips announced the expansion of its remote patient management with the introduction of medical tablet with advanced software, in North America, Europe, and Japan, which provides remote access to patient data to improve workflows, to manage the increasing patient volume.

In addition, by analyzing and forecasting bed availability at the emergency department (ED), HCMS can cut the wait times shorter. This helps to efficiently distribute the available beds and automatically changes the bed count, reducing the workload on the healthcare personnel. These user-friendly characteristics are anticipated to fuel market expansionduring the forecast period.

Impact of COVID-19 on Hospital Capacity Management Solution Market

The COVID-19 pandemic has proved to be an incomparable global public health emergency that has affected almost every industry and the effects are expected to impact every industry growth during the forecast period. Several changes in consumer demand and behavior, buying habits, supply chain redirection, and significant government initiatives have been seen around the globe. In the wake of overcrowded hospitals, lack of oxygen cylinders, dearth of hospital beds, difficulty maintaining adequate staffing & supporting staff, prolonged waits for test results, shortages of essential supplies, materials, and logistic support, as well as an expanding black market for drugs, the global medical community encountered an unprecedented strain on its facilities and resources. On the other hand, hospitals adopted hospital capacity management tools to overcome these worries and improve patient monitoring. This further lead to the increase in the sales of hospital capacity management solutions, thereby propelling the market growth.

The hospital capacity management solution market is segmented into Product Type, Component and End User.

The hospital capacity management solution market is segmented on the basis of product type, by component, by end user and region. On the basis of product type, the market is classified into workflow management solutions, bed management solutions, patient flow management solutions and others. On the basis of component, the market is bifurcated into services and software. On the basis of end user, the market is fragmented into private hospitals, state owned hospitals, and community hospitals.

Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

Segment Review

By product type, the market is segmented into workflow management solutions, bed management solutions, patient flow management solutions, and others. The workflow management solutions segment generated maximum revenue in 2021, and is estimated to be the fastest growing segment, with a high CAGR owing to increase in the hospitalization of patients, surge in demand for the efficient patient management solutions, and rise in the number of chronic healthcare diseases.

Hospital Capacity Management Solution Market
By Product Type

Your browser does not support the canvas element.

Workflow Management Solutions is projected as one of the most lucrative segment.

Get more information on this report : Request Sample Pages

Depending on component, the market is divided into services and software. The software segment dominated the market in 2021, and is estimated to grow with a CAGR during the forecast period due to increase in use of computer-based tools, digital health apps, and telemedicine services, and increased digitalization.

Hospital Capacity Management Solution Market
By Component

Your browser does not support the canvas element.

Software hold a dominant position in 2021 and would continue to maintain the lead over the forecast period.

Get more information on this report : Request Sample Pages

Depending on end user, the market is divided into private hospitals, state owned hospitals, and community hospitals. The state owned hospitals segment owned the largest hospital capacity management solution market share in 2021, because growth in the patient admissions to hospitals due to the COVID 19 pandemic. On the other hand, the private hospitals segment is expected to grow at the highest CAGR during the forecast period due to easy accessibility, user-friendly dashboards for improved time management and error reduction by the HCMS.

Hospital Capacity Management Solution Market
By End User

Your browser does not support the canvas element.

State Owned Hospitals is projected as one of the most lucrative segment.

Get more information on this report : Request Sample Pages

Region wise, North America acquired a major share, owing to the presence of key players, rising government initiatives, well-developed healthcare infrastructure, and rising awareness about the innovations in healthcare sector. The region registered the growth at a CAGR. However, Asia-Pacific is expected to witness the highest growth rate during the hospital capacity management solution market forecast period with a highest CAGR. The major factors that drive the hospital capacity management solution market growth, is the increase in the need for better healthcare facilities, increased investment by healthcare IT businesses, and IoT based technologies in managing the healthcare system and others.

Hospital Capacity Management Solution Market
By Region

2031
North America 
Europe
Asia-Pacific
LAMEA

North America hold a dominant position in 2021 and would continue to maintain the lead over the forecast period.

Get more information on this report : Request Sample Pages

The major companies profiled in this hospital capacity management solution industry report include Allscripts Healthcare Solutions, Inc., Epic System Corporation, General Electric, Halma plc, Healthstream Inc., Infosys, JVS Technologies Pvt Ltd., Koninklijke Philips N.V., McKesson Corporation, NextGen Healthcare, Inc., Steris plc., TeleTracking Technologies, Inc. and among others.


Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hospital capacity management solution market analysis from 2021 to 2031 to identify the prevailing hospital capacity management solution market opportunity.
  • 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 hospital capacity management solution 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 hospital capacity management solution market trends, key players, market segments, application areas, and market growth strategies.

Hospital Capacity Management Solution Market Report Highlights

Aspects Details
Market Size By 2031 USD 6.8 billion
Growth Rate CAGR of 8.7%
Forecast period 2021 - 2031
Report Pages 315
Product Type
  • Workflow Management Solutions
  • Bed Management Solutions
  • Patient Flow Management Solutions
  • Others
Component
  • Services
  • Software
    • Type
      • On Premise
      • Cloud-based
End User
  • Private Hospitals
  • State Owned Hospitals
  • Community Hospitals
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest Of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)
Key Market Players Allscripts Healthcare Solutions, Inc, Epic SystemCorporation, General Electric, Halma plc., Healthstream Inc., Infosys, JVS Technologies Pvt Ltd., Koninklijke Philips N.V., McKesson Corporation, NextGen Healthcare, Inc., Steris plc, TeleTracking Technologies, Inc.
 

Loading Table Of Content...


 
 

This section provides various opinions of top-level CXOs in the hospital capacity management solution market.  The hospital capacity management solution market has piqued the interest of healthcare providers, patients, and consumers, owing to several benefits offered by these products, which assist the caregivers to efficiently manage and treat the patient. There have been remarkable advancements in hospital capacity management solutions to provide advanced options for managing the large pool of the patients and their related data. As the market is saturated and is growing at a steady rate in developed nations, Asia-Pacific and LAMEA are expected to offer high growth opportunities to key players in this market.

According to the perspectives of CXOs of leading companies in the market, significant advancements in the hospital capacity management solutions, with increase in adoption of the IoT based healthcare solutions, growing investments, funds, & grants; increasing incidence of chronic diseases, entry of new players, and growth in digitalization process along with easy accessibility of the smart devices are expected to increase the hospital capacity management solutions globally. Presently, owing to COVID-19, rapid adoption of these products to manage a large pool of patients at a same time and to monitor their treatment regime is witnessed in the world. This further propelled the growth of the market.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The upcoming trends of Hospital Capacity Management Solution Market includes the presence of key players, rising government initiatives, well-developed healthcare infrastructure, and rising awareness about the innovations in healthcare sector.

A. Hospital Capacity Management is the leading application.

A. North America is the largest regional market for Hospital Capacity Management Solution.

A. Hospital Capacity Management Solution is projected to reach $6,745.13 million by 2031, registering a CAGR of 8.7% from 2022 to 2031.

A. The major companies profiled in this report include Allscripts Healthcare Solutions, Inc., Epic System Corporation, General Electric, Halma plc, Healthstream Inc., Infosys, JVS Technologies Pvt Ltd., Koninklijke Philips N.V., McKesson Corporation, NextGen Healthcare, Inc., Steris plc., and TeleTracking Technologies, Inc.

A. The base year is 2021 in Hospital Capacity Management Solution market.

A. Yes, the Hospital Capacity Management Solution market report provides PORTER Analysis.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Hospital Capacity Management Solution Market

Start reading instantly.
This Report and over 19,601+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,840
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Oct 2023 - Oct 2024)
  • Data Pack
  • $4,380
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2023 - Oct 2024)
  • Single User
  • $6,090
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2023 - Oct 2024)
  • Five Users
  • $6,630
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2023 - Oct 2024)
  • Enterprise
    License/PDF

  • $10,500
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2023 - Oct 2024)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • 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
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

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

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

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