According to a recent projection by FMI, a leading market research firm with ESOMAR certification, the global hospital capacity management solutions industry is poised for significant growth, expanding at an average CAGR of 5.1% over the next decade. The industry, valued at US$ 1.1 billion in 2023, is anticipated to reach US$ 1.9 billion in sales by 2033.
FMI predicts a robust year-over-year growth of 4.9% in 2022, propelling the global market for hospital capacity management solutions to US$ 1.08 billion. This growth underscores the increasing demand for innovative solutions as hospitals grapple with the challenges of managing capacity while maintaining high-quality patient care in a dynamic healthcare landscape.
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Hospitals worldwide face the ongoing challenge of optimizing resources, streamlining processes, and ensuring optimal patient outcomes. The emergence of the Hospital Capacity Management Solutions Market has been a game-changer, providing cutting-edge technology and strategies to effectively address capacity-related concerns.
In response to this burgeoning market, Future Market Insights, a pioneer in Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.), is at the forefront of providing tailored solutions to healthcare providers globally. With a commitment to innovation and excellence, Future Market Insights is poised to play a pivotal role in supporting hospitals as they navigate the complexities of capacity management.
Future Market Insights recognizes the critical importance of addressing capacity challenges in the healthcare sector. As highlighted in our latest blog, the Hospital Capacity Management Solutions Market offers a comprehensive overview of the industry’s facets, available solutions, and potential impacts on the healthcare landscape. The blog delves into the technological advancements and strategies that empower healthcare professionals to enhance efficiency and deliver superior patient care.
Key Takeaways of Hospital Capacity Management Solutions Market Study:
- RTLS (Real time locating system) accounted for around 34% of hospital capacity management solutions market in 2021 and is expected to continue with being top-seeded in the forecast period
- Cloud-based hospital capacity management solution contributed for around 3/5th of market value share in 2021
- Cumulatively, North America and Europe contributed for more than 70% of the total share of the hospital capacity management solutions market in 2021
- Countries such as Brazil, China, South Africa, and India are expected to are emerging as lucrative markets, but pale in comparison to US and Europe
Expansive Prominence in the hospital capacity management solutions market:
Taking the expansive way of growth helps in strengthening the solutions’ and software’s portfolio; as e-Health has picked up pace looking at the accuracy and need for data management.
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- STANLEY Healthcare, in May 2022, announced the assimilation of AeroScout Real-Time Location System (RTLS) with certification from Cisco DNA Spaces. The objective of this move is to table economic solution across the healthcare industry
- Allscripts has its “2bPrecise” platform that takes in clinical information from the EHR preferred by client along with genomic/genetic data from the molecular labs, thereby giving a comprehendible patient record. This gives precise diagnoses at a faster rate.
- TeleTracking Technologies have their Capacity Management Suite with PreAdmitTracking with electronic bedboard to enable patient access as well as placement
Major Contributors of the Hospital Capacity Management Solutions Market are:
- Cerner Corporation
- Epic Systems Corporation
- TeleTracking Technologies, Inc.
- Sonitor Technologies, Inc.
- STANLEY Healthcare
- Allscripts
- McKesson Corporation
- Arcomed AG
- Koninklijke Philips N.V.
- JVS Group
- Infosys Limited
- Neusoft Corporation
- INFINITT Healthcare Co. Ltd
- AWAREPOINT CORPORATION
- Care Logistics LLC
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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global hospital capacity management solutions market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
Key Segments:
By Product:
- 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
By Application:
- Standalone Solutions
- Integrated Solutions
By Delivery Mode:
- On Premise
- Cloud-Based
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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