Pune, Maharashtra -- (SBWire) -- 10/11/2022 --Market Overview, Definition, and Statistics
Hospital capacity management may be explained as increasing a clinic's bed accessibility to provide enough room for efficient, error-free patient evaluation, treatment, and transfer to meet daily demand. Hospital capacity management solutions are becoming more and more popular among multispecialty medical clinics as a result of an increase in the number of in-patients seeking long-term treatment in clinics and the necessity to provide better and more timely hospital administrations to the patients. These systems include modules for bed management, real-time monitoring, and workflow control. These aid in increasing workflow effectiveness and cutting down on hospital expenses.
According to the recent research report by SNS Insider, the hospital capacity management solutions market is projected to reach USD 9.25 billion by 2028, with a higher CAGR of 17.2% over the forecast period of 2022–2028.
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Drivers, Restraints, Opportunities and Challenges
Hospital capacity management solutions were developed in response to the growing need for better hospital capacity planning techniques and tactics. A significant revenue loss for hospitals is usually always the result of inefficient management of hospital capacity assets. The rising need for a variety of analytical tools for hospital capacity management is another significant factor influencing the market. A promising development that is anticipated to greatly increase in the growth of the hospital capacity management solutions market in the upcoming years is the introduction of advanced analytical tools by healthcare IT developers, particularly those that enable dynamic scheduling and forecasting.
The high cost of deploying these solutions, the lack of IT infrastructure in developing nations, and concerns about data security and privacy are anticipated to impede this market's expansion throughout the course of the projected period.
Impact of the COVID-19 Pandemic
The COVID-19 pandemic has had a favorable effect on the expansion of the global market for hospital capacity solution management. For monitoring and planning purposes during the COVID-19 pandemic, the ability to predict medical clinic bed capacity with relation to different types of wards is crucial. Projecting the quantity and timing of cases requiring various types of treatment, which involve hospital capacity management solutions, is part of preparing the healthcare system for COVID infection. The hospital capacity management systems are the superior choice for higher-quality care during the COVID-19 pandemic.
Market Segmentation
By Product Type
1.Asset Management
2.Patient Flow Management Solutions
3.Workforce Management
4.Quality Patient Care
By Component Type
1.Software
2.Services
By Mode of delivery
1.On-premise
2.Cloud-based
By End-User
1.Hospitals
2.Ambulatory Surgical Centers
The asset management segment held the biggest market share within the product type category of hospital capacity management solutions market. This market segment is expanding as a result of governmental incentives, sanctions, and the need to lower healthcare expenditures.
According to delivery method, the category of cloud-based solutions produced the most revenue and is anticipated to continue on this growth trajectory in the years to come. The development of the cloud deployment model has been aided by the rising demand for and awareness of cloud-based hospital capacity management solutions, and this development is anticipated to continue in the near future.
The hospital segment currently holds the largest share among end-users owing to the growing number of government programs to increase quality of care, the rising patient volume, and the need to lower the rising healthcare costs,.
Regional Analysis
North America is predicted to dominate the growth of the global hospital capacity management solutions market on account of rising incidence of chronic diseases, early adoption of new technologies, the region's highly developed healthcare infrastructure, and the presence of important players. Europe is predicted to have considerable growth in the global market for hospital capacity management solutions, owing to region's growing government backing, rising accident cases, and technological advancements in the healthcare sector.
Competitive Landscape Outlook
Some of the leading players present in the hospital capacity management solutions market are McKesson Corporation, Change Healthcare, Infosys Limited, Care Logistics, Cerner Corporation, Sonitor Technologies, and Tele Tracking Technologies, Inc.
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Table Of Content
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact Of Ukraine Ware
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Hospital Capacity Management Solutions Market Segmentation, By Product Type
8.1 Asset Management
8.2 Patient Flow Management Solutions
8.3 Workforce Management
8.4 Quality Patient Care
9. Hospital Capacity Management Solutions Market Segmentation, By Component Type
9.1 Software
9.2 Services
10. Hospital Capacity Management Solutions Market Segmentation, By Mode Of Delivery
10.1 On-Premise
10.2 Cloud-Based
11. Hospital Capacity Management Solutions Market Segmentation, By End-User
11.1 Hospitals
11.2 Ambulatory Surgical Centers
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest Of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest Of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest Of Latin America
13.Company Profiles
13.1 Infosys Limited
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS View
13.2 Tele Tracking Technologies, Inc
13.3 Change Healthcare
13.4 McKesson Corporation
13.5 STANLEY Healthcare Solutions Limited
13.6 GENERAL ELECTRIC COMPANY
13.7 Care Logistics
13.8 Sonitor Technologies, Inc
13.9 Epic Systems Corp
13.10 Cerner Corporation.
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
15.Conclusion
+17% CAGR & COVID-19 Impact on Hospital Capacity Management Solutions Market Can See USD 9.25 Billion by 2028 Major Companies Are Infosys Limited, McKesson
Hospital Capacity Management Solutions Market To See Huge Growth By 2022-2028 | STANLEY Healthcare Solutions Limited, GENERAL ELECTRIC COMPANY, Care Logistics, Sonitor Technologies, Inc, Epic Systems Corp