Overview and Scope
The hospital capacity management solutions optimize the hospital’s bed availability to provide sufficient capacity for effective, error-free patient assessment and treatment. This also provides real-time hospital capacity planning and asset tracking, consequently increasing efficiency and reducing hospital expenses.
Sizing and Forecast
The hospital capacity management solutions market size has grown rapidly in recent years. It will grow from $3.46 billion in 2023 to $4.03 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to patient safety and quality care, improving healthcare infrastructure, real-time monitoring , financial pressures, focus on patient flow..
The hospital capacity management solutions market size is expected to see rapid growth in the next few years. It will grow to $7.44 billion in 2028 at a compound annual growth rate (CAGR) of 16.6%. The growth in the forecast period can be attributed to digital transformation in healthcare, global health challenges, real-time monitoring and analytics, interoperability and integration.. Major trends in the forecast period include remote monitoring and telehealth, data-driven decision making, predictive modeling and forecasting, collaborative care models..
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The hospital capacity management solutions market covered in this report is segmented –
1) By Componenet: Software, Services
2) By Product: Asset Management, Patient Flow Management Solutions, Workforce Management, Quality Patient Care
3) By Mode Of Delivery: On-Premise, Cloud-based
4) By Application: Standalone Solutions, Integrated Solutions
5) By End-User: Hospitals, Ambulatory Surgical Centers
North America was the largest region in the hospital capacity management solutions market in 2023. The regions covered in the hospital capacity management solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Government initiatives to enhance patient satisfaction and improve the quality of care have propelled the growth of the hospital capacity management solutions market. The government is encouraging initiatives to enhance the quality of healthcare. These initiatives are driving increased investment in hospital capacity management solutions to catalyze and make the healthcare processes more efficient. For instance, in November 2021, the Government of India, the Government of Meghalaya, and the World Bank signed a US$ 40 million health project for the state of Meghalaya to improve the state’s health services and increase the state’s ability to respond to future health emergencies, such as the COVID-19 pandemic, and the Government of India has also established 638 e-Hospitals throughout India to enhance healthcare infrastructure. Therefore, such initiatives will lead to growth in the hospital capacity management solutions market.
Key Industry Players
Major companies operating in the hospital capacity management solutions market report are GE HealthCare Technologies Inc., Infosys Limited, TeleTracking Technologies Inc., McKesson Corporation, Alcidion Corp., Koninklijke Philips N.V., Epic Systems Corporation, NextGen Healthcare Inc., Stanley Black & Decker Inc., Care Logistic Inc., INFINITT Healthcare Co. Ltd., WellSky Corporation, Simul8 Corporation, Change Healthcare, HealthStream Inc., Allscripts Healthcare Solutions Inc., JVS Technologies Pvt Ltd., Cerner Corporation, Medworxx Solutions Inc., Optum Inc., Premier Inc., Nihon Kohden Corporation, Masimo Corporation, Baxter International Inc., Siemens Healthineers AG, Stryker Corporation, Terumo Corporation, Capsule Technologies Inc., ZOLL Medical Corporation, Vocera Communications Inc.
The hospital capacity management solutions market report table of contents includes:
1. Executive Summary
2. Hospital Capacity Management Solutions Market Characteristics
3. Hospital Capacity Management Solutions Market Trends And Strategies
4. Hospital Capacity Management Solutions Market – Macro Economic Scenario
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31. Global Hospital Capacity Management Solutions Market Competitive Benchmarking
32. Global Hospital Capacity Management Solutions Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Hospital Capacity Management Solutions Market
34. Hospital Capacity Management Solutions Market Future Outlook and Potential Analysis
