The global clinical workflow solutions market size is expected to be worth around US$ 25.6 billion by 2030, according to a new report by Vision Research Reports.
The global clinical workflow solutions market size was valued at US$ 8.60 billion in 2020 and is anticipated to grow at a CAGR of 13.4% during forecast period 2021 to 2030.
Report Coverage
Report Scope | Details |
Market Size | US$ 25.6 Bn by 2030 |
Growth Rate | CAGR of 13.4% From 2021 to 2030 |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Type, end use |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Allscripts Healthcare Solutions, Inc.; Cerner Corporation; NXGN Management, LLC; McKesson Corporation; Koninklijke Philips N.V.; Hill-Rom Services Inc.; Cisco; General Electric; Stanly Healthcare; Vocera Communications; ASCOM; athenahealth, Inc. |
Growth Factors
An increased volume of patient health information due to the rising prevalence of chronic conditions and the high demand for better quality care by patients is expected to fuel the adoption of workflow software and services in healthcare settings. Rising awareness amongst the caregivers and patients pertinent to the benefits of integrated solutions and interest in reliable technology for efficient decision-making is anticipated to fuel the adoption of workflow solutions.
The market players are increasingly focusing on bringing innovation and new ways to safeguard the health and safety of their employees, meeting critical customer requirements, and guaranteeing business continuity.
By Type Analysis
The data integration solutions segment dominated the market with a revenue share of over 26.05% in 2020. Data integration systems are highly preferred by healthcare providers owing to the increased data volumes and the need for integration to curb rising costs. Caregivers are looking for an integrated system that enables users to access patient information across the complete continuum of care.
The care collaboration solutions segment is expected to witness lucrative growth over the forecast period owing to the increased emphasis on patient-centric services.
Technological advancements in wireless technology, computing power, and miniaturization are key drivers for innovations in medical technology.
By End-use Analysis
The hospitals segment dominated the market with a revenue share of over 45.02% in 2020 owing to the applicability, rising number of healthcare facilities, and associated data that needs proper management along with privacy.
the rising demand for workflow and the ongoing trend for connected hospitals are expected to drive the segment over the forecast period. The high demand for collaborative and integrated care delivery, unified critical clinical communications, and streamlining the process for call scheduling is contributing to the segment growth.
By Regional Analysis
North America dominated the market with over 40.05%share in 2020. Factors such as the increasing R&D activities and patient admission in the hospitals leading to the generation of the high volume of data and increasing government initiatives regarding the effective usage of interoperability, EHR, and other solutions are contributing to the market growth in the region.
Asia Pacific is expected to exhibit the fastest CAGR of 14.7% over the forecast period owing to the increasing investments from emerging economies. There is a significant increase in demand for healthcare information technology solutions in the medical sector
Key Players
Allscripts Healthcare Solutions, Inc.
Cerner Corporation
NXGN Management, LLC
McKesson Corporation
Koninklijke Philips N.V.
Hill-Rom Services Inc.
Cisco
General Electric
Stanly Healthcare
Vocera Communications
ASCOM
athenahealth, Inc.
Market Segmentation
By Type
Data Integration Solutions
EMR Integration Solutions
Medical Image Integration Solutions
Real-time Communication Solutions
Nurse Call Alert Systems
Unified Communication Solutions
Workflow Automation Solutions
Patient Flow Management Solutions
Nursing & Staff Scheduling Solutions
Care Collaboration Solutions
Medication Administration Solutions
Perinatal Care Management Solutions
Rounding Solutions
Other Care Collaboration Solutions (Specimen Collection Solutions and Blood Products Administration Solutions)
Enterprise Reporting & Analytics Solutions
By End-use
Hospitals
Long-term Care Facilities
Ambulatory Care Centers
Regional
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Asia Pacific
Japan
China
India
South Korea
Australia
Latin America
Brazil
Mexico
Argentina
Middle East and Africa (MEA)
Saudi Arabia
UAE
The Clinical Workflow Solutions market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Clinical Workflow Solutions market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Clinical Workflow Solutions market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Clinical Workflow Solutions market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Clinical Workflow Solutions market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Clinical Workflow Solutions capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Clinical Workflow Solutions by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Clinical Workflow Solutions market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Clinical Workflow Solutions market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Clinical Workflow Solutions market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Clinical Workflow Solutions industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Clinical Workflow Solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Clinical Workflow Solutions market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Clinical Workflow Solutions market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Clinical Workflow Solutions market. These factors have benefited the growth of the global market for Clinical Workflow Solutions. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Clinical Workflow Solutions. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Clinical Workflow Solutions are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Clinical Workflow Solutions Market, By Type
7.1. Clinical Workflow Solutions Market, by Type, 2021-2030
7.1.1. Data Integration Solutions
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Real-time Communication Solutions
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Workflow Automation Solutions
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Care Collaboration Solutions
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Enterprise Reporting & Analytics Solutions
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Clinical Workflow Solutions Market, By End-use
8.1. Clinical Workflow Solutions Market, by End-use, 2021-2030
8.1.1. Hospitals
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Long-term Care Facilities
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Ambulatory Care Centers
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Clinical Workflow Solutions Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.1.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.2.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.3.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
9.4.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Type (2017-2030)
9.5.4.2. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 10. Company Profiles
10.1. Allscripts Healthcare Solutions, Inc.
10.1.1. Company Overview
10.1.2. Type Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Cerner Corporation
10.2.1. Company Overview
10.2.2. Type Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. NXGN Management, LLC
10.3.1. Company Overview
10.3.2. Type Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. McKesson Corporation
10.4.1. Company Overview
10.4.2. Type Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Koninklijke Philips N.V.
10.5.1. Company Overview
10.5.2. Type Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Hill-Rom Services Inc.
10.6.1. Company Overview
10.6.2. Type Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Cisco
10.7.1. Company Overview
10.7.2. Type Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. General Electric
10.8.1. Company Overview
10.8.2. Type Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Stanly Healthcare
10.9.1. Company Overview
10.9.2. Type Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms