Global Hospital Capacity Management Solutions Market Overview
The global hospital capacity management solutions market size accounted for US$ 1.2 billion in 2019 is estimated to be US$ 2.0 billion by 2029 and is anticipated to register a CAGR of 5.7%.
Hospital capacity management solutions are designed to manage and improve the quality of patient care in hospitals. Hospital capacity management solutions help to maintain a patient’s clinical data record and are also used to assign the nearest doctor, nurse, or caregiver to patients for routine care, thus ensuring their treatment or earlier recovery and discharge.
Impact of Covid-19 pandemic on market
The outbreak of COVID-19 has raised the demand for some kits and rapid tests. Screening is being performed at a massive scale during this outbreak hotspot. There is a high demand for COVID-19 screening, which acts as a crucial factor for revenue growth in this market space. This report will quantify the impact of this pandemic on the hospital capacity management solutions market.
Global Hospital Capacity Management Solutions Market Dynamics
Technical development in hospital capacity management and increasing demand for better healthcare facilities are key factors motivating the global hospital capacity management solutions market. Growth in government initiatives to enhance patient care, increase in investment by healthcare IT corporations, increase in demand for integrated healthcare systems, growth in the number of hospitals, and rise in focus on patient-centric care delivery have enhanced various features in medical practices. For instance, as per the Centers for Medicare & Medicaid Services (CMS), health expenditure in the U.S. is expected to rise at an average rate of 5.5% every year for 2018-27 and to reach around US$ 6.0 trillion by 2027.
The rising number of mergers and acquisitions that players are indulging in to tap into the synergies is a noticeable trend observed in the global market for hospital capacity management solutions. For instance, in September 2019, Central Logic partnered with Conduit Health Partners, a patient access company, to enhance operational efficiency and care access for health systems. Additionally, the rising uptake of mobile health IT is another key trend observed in the target market. The different types of solutions available in the market are bed management solutions, asset management solutions, quality patient care solutions, workflow management solutions, and patient flow management solutions.
However, the high cost of installation and equipment and the dearth of skilled healthcare professionals in developing and underdeveloped countries are some of the factors that are projected to limit the growth of the global hospital capacity management solutions market.
Global Hospital Capacity Management Solutions Market Segmentation
The global hospital capacity management solutions market is segmented based on product type, delivery mode, application, and region.
On the basis of product type, the global hospital capacity management solutions market is segmented into 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, and others. On the basis of delivery mode, the target market is segmented into on-premise and cloud-based. Based on the application, the target market is segmented into standalone solutions and integrated solutions.
In the region, the global hospital capacity management solutions market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe estimate the maximum share of the global hospital capacity management solutions market owing to factors such as the rising occurrence of chronic diseases and growing demand to treat diseases at an early stage. Additionally, growing government focus on offering better healthcare facilities and growth in the adoption of hospital capacity management solutions in North America and Europe boost the use of hospital capacity management solutions in the region. Countries such as the U.S. Canada, the U.K., Germany, France, Italy, and Spain build massive growth opportunities for the players operating in the hospital capacity management solution market. The market in the Asia Pacific is expected to grow at a rapid pace in the coming years due to a rise in government investments to provide better healthcare facilities, an increase in the disposable income of the population, and growth in the adoption of technologically advanced products in the region.
Attribute |
Details |
The base year for estimation |
2019 |
Forecast period |
2019 – 2029 |
Market representation |
Revenue in USD Million & CAGR from 2019 – 2029 |
Market Segmentation |
By Product Type- 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, and Others By Delivery Mode– On Premise and Cloud-Based By Application– Standalone Solutions and Integrated Solutions |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global hospital capacity management solutions market report based on product type, delivery mode, application, and region.
Global Hospital Capacity Management Solutions Market, By Product Type:
- 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
Global Hospital Capacity Management Solutions Market, By Delivery Mode:
- On Premise
- Cloud-Based
Global Hospital Capacity Management Solutions Market, By Application:
- Standalone Solutions
- Integrated Solutions
Global Hospital Capacity Management Solutions Market, By Region:
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-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Hospital Capacity Management Solutions Market Key Players
The key players operating in the global hospital capacity management solutions market include GE Healthcare, TeleTracking Technologies, Inc., Central Logic, Cerner Corporation, NextGen Healthcare, Inc., STERIS plc. McKesson Corporation, Alcidion Corporation, Change Healthcare, and Infosys Limited. Prominent companies involved in the market are focused on adopting collaboration and partnership strategies to improve and expand their market share. For instance, in July 2019, TeleTracking Technologies, Inc. collaborated with B. Braun Medical Inc. under which B. Braun Medical Inc. declared the incorporation of their Space Infusion Pump Systems with TeleTracking Technologies, Inc.’s RTLS Asset Tracking solution.
Global Hospital Capacity Management Solutions Market Key Issues Addressed
Key Issues Addressed
Global Hospital Capacity Management Solutions Market Company Profile
- GE healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- TeleTracking Technologies, Inc.
- Central Logic
- Cerner Corporation
- NextGen Healthcare, Inc.
- STERIS plc
- McKesson Corporation
- Alcidion Corporation
- Change Healthcare
- Infosys Limited
“*” marked represents similar segmentation in other categories in the respective section
Global Hospital Capacity Management Solutions Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Hospital Capacity Management Solutions Strategies
- Key Questions this Study will Answer
- Market Snippet, By Platform Type
- Market Snippet, By Delivery Mode
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Hospital Capacity Management Solutions Market, By Platform Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Workflow Management Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Asset Management Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Bed Management Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Quality Patient Care Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Real Time Locating System (RTLS)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Event Driven Solutions
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Online Registration Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Attendance Management Tools
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Event Driven Patient Tracking
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Hospital Capacity Management Solutions Market, By Delivery Mode, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- On Premise
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Cloud-Based
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Hospital Capacity Management Solutions Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Standalone Solutions
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Integrated Solutions
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Hospital Capacity Management Solutions Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Delivery Mode, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Delivery Mode, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Delivery Mode, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Delivery Mode, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Delivery Mode, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- GE healthcare
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- TeleTracking Technologies, Inc.
- Central Logic
- Cerner Corporation
- NextGen Healthcare, Inc.
- STERIS plc
- McKesson Corporation
- Alcidion Corporation
- Change Healthcare
- Infosys Limited
- GE healthcare
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- The Last Word
- Future Impact
- About Us
- Contact