The global clinical workflow solution market value is expected to rise from USD 10,352.1 million in 2023 to USD 49,056.3 million by 2033. This estimated growth is expected to be driven by a remarkable CAGR of 16.8% in the global clinical workflow solution market over the next decade.
The running trend of digitization is propelling the adoption of clinical workflow solutions in healthcare institutes. Thus, in medical settings, there is an upsurge in the integration of these solutions for increased access to patient’s clinical as well as administrative data, and reduced paperwork requirements. Caregiver’s demand for better clinician efficiency and patient-centric care delivery are propelling the sales of clinical workflow solutions.
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Surging research and development activities for advancements in these solutions, along with soaring patient admission in hospitals, are generating immense amounts of patient data. Thus, fueling investments in these solutions. The rising shortage of healthcare IT professionals in developed as well as developing economies is creating a conducive environment for the clinical workflow solution market.
Key players are eyeing developing economies as their target markets for clinical workflow solutions. Due to the increasing patient base seeking healthcare services, key players are heavily investing in regions like Asia Pacific.
“Technology helps to efficiently address the increasing issues of overburdened healthcare systems across access, labor, and cost. Therefore, healthcare systems are shifting to the latest technologies like clinical workflow solutions that address the current limitations in the sector. By adopting these solutions, end users can alleviate constraints in clinical capacity and develop customer interfaces that boost patient participation,” says an FMI analyst.
Key Takeaways from the Clinical Workflow Solution Market Report
- The United States market is predicted to expand at a CAGR of 8.1%, whereas Canada is expected to exhibit a CAGR of 5.4% through 2033.
- Within Europe, the United Kingdom and Spain are the promising clinical workflow solution market, registering CAGRs of 7.4% and 7.2%, correspondingly, through 2033.
- In Asia Pacific, China, India, Japan, and South Korea are predicted to record robust CAGRs of 22.5%, 20.5%, 17.5%, and 14.3%, respectively, through 2033.
- Based on end use, the hospital segment is estimated to account for 42.2% in 2023.
- Data integration solutions are anticipated to hold a 27.4% share in the global market in 2023.
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Leading players in the Clinical Workflow Solution Market are
- Allscripts Healthcare Solution, Inc.
- Cerner Corporation
- NXGN Management LLC
- McKesson Corporation
- Koninklijke Philips N.V.
- Hill-Rom Services, Inc.
- Cisco
- General Electric,
- Stanley Healthcare
- Vocera Communications
- ASCOM
- Atenahealth Inc.
Key Developments by Clinical Workflow Solution Market Players
- Relatient, in September 2022, developed Dash Chat, which is an interactive chat solution that facilitates a streamlined 2-way contact between patients and employees directly from the provider group’s website. This technology allows employees and doctors to swiftly respond to routine patient inquiries meanwhile curtailing call volume and boosting overall patient satisfaction by offering constant access to care.
- In August 2022, Indonesia introduced SATUSEHAT, a healthcare data integration platform as it exerts toward digital transformation. This platform is aimed at facilitating the execution of other Indonesian health system transformation pillars like health financing systems transformation, referral services transformation, human resource transformation, primary services transformation, and health resilience systems transformation in the healthcare sector.
- In January 2022, Wolters Kluwer, officially disclosed the debut of Ovid® Synthesis, which is a new suite of applications to bolster the highly efficient evidence-based workflows in the healthcare settings that supplement Ovid’s premium medical content. The solution, in its entirety, boosts research activity, thus supporting evidence-based practice.
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Key Segments Covered in Clinical Workflow Solution Industry Survey
By Type:
- Data Integration Solution
- EMR Integration Solution
- Medical Image Integration Solution
- Real-time Communication Solution
- Nurse Call Alert Systems
- Unified Communication Solution
- Clinical Workflow Automation Solution
- Patient Flow Management Solution
- Nursing and Staff Scheduling Solution
- Care Collaboration Solution
- Medication Administration Solution
- Perinatal Care Management Solution
- Rounding Solution
By End-use Application:
- Hospitals
- Long-term Care Facilities
- Ambulatory Care Centers
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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