Global Hospital Capacity Management Solution Market
The Global Hospital Capacity Management Solution Market was valued at USD 2.9 billion in 2020 which is expected to reach 9.2 billion by 2030 at a CAGR 16.8% from 2020-2030.
Hospital Capacity Management Solution is used to effectively utilize and manage availability as well as accommodation of hospital beds, caregivers, and other assets. This solution comprises various modules including workflow management, real-time tracking, and bed management. Hospital is the perfect place of treating serve disease & form the best place as compared to the alternative medical care facilities. Hospitals extensively use medical & technological innovations to provide effective medical treatments, while reducing the patients in hospital time spending.
Market Drivers
The increase in demand for better healthcare facilities is the major driving factor which expected to boost the global hospital capacity management market growth during this forecast period. Furthermore, growing technological advancements in hospital capacity management will positively influence the market growth.
Also, the increase in adoption of real time locating system is expected to propel the global hospital capacity management solution market. For instance, in August 2020, Advantech had launched real- time location system solution -ready package (SRP) which is designed for real-time locating & monitoring of medical equipment, staff, and patients. In healthcare industry, hospital administrators are constantly seeking to improve the patient experience, maintain high quality of care, and reduce delays. To fulfill these demands, real-time location system which enable asset tracking are gaining popularity in the healthcare industry. Moreover, the increase in demand for an assortment of analytical tools for hospital capacity management is expected to accelerate the market growth.
Market Restraints
Security breach of data is expected to hinder the growth of the global hospital capacity management solution market. The most commonly exposed data in healthcare breaches are medical records, followed by billing & insurance records, and payment information. Further, poor integration of tools into existing workflows is also expected to hamper the global hospital capacity management solution market growth.
Market Segmentation
On the basis of product, market is segmented into Asset Management (Medical Equipment Management, Bed Management), Patient Flow Management Solutions, Workforce Management (Nursing & Staff Scheduling Solutions, Leave and Absence Management) and Quality Patient Care.
Based on the component, market is segmented into software (Integrated, Standalone), and Services. On the basis of mode of delivery, market is segmented into On-premise, and Cloud-based. Further, market is segmented into end user such as Hospitals, Ambulatory Surgical Centers, and Others.
Regional Analysis
The Global Hospital Capacity Management Solution Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America and Europe are key regions in the global market for hospital capacity management solutions. This is mainly on account of the alarming increase in chronic diseases and state-of-the-art healthcare in the region. Also, Asia Pacific market is expected to grow at a highest CAGR throughout the forecast period. Due to the rise in government initiatives for e-health, the rise in medical tourism, growing need for management solution because of COVID-19 outbreak and also growing demand for quality healthcare.
Key Players
Various key players are listed in this report such as Infosys Limited, Cerner Corporation, Epic Systems Corp., Sonitor Technologies, Inc, Awarepoint Corp, McKesson Corporation, STANLEY Healthcare Solutions Limited, TeleTracking Technologies, Inc, Allscripts Healthcare Solutions, Inc., Koninklijke Philips N.V., etc. Key players are focusing on the mergers and acquisitions, with strategic alliances like technology, licensing, to obtain an edge over competitors.
Market Taxonomy
By Product
By Component
By Mode of Delivery
By End User
By Region
Key Questions Addressed by the Report
Global Hospital Capacity Management Solution Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Hospital Capacity Management Solution Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Hospital Capacity Management Solution Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Hospital Capacity Management Solution Market Share Analysis, By Product
5.3 Global Hospital Capacity Management Solution Market Size and Forecast, By Product
5.3.1 Asset Management
5.3.1.1. Medical Equipment Management
5.3.1.2. Bed Management
5.3.2 Patient Flow Management Solutions
5.3.3 Workforce Management
5.3.3.1. Nursing & Staff Scheduling Solutions
5.3.3.2. Leave and Absence Management
5.3.4. Quality Patient Care
6 Global Hospital Capacity Management Solution Market, By Component
6.1 Y-o-Y Growth Comparison, By Component
6.2 Global Hospital Capacity Management Solution Market Share Analysis, By Component
6.3 Global Hospital Capacity Management Solution Market Size and Forecast, By Component
6.3.1 Software
6.3.1.1. Integrated
6.3.1.2. Standalone
6.3.2. Services
7 Global Hospital Capacity Management Solution Market, By Mode of Delivery
7.1 Y-o-Y Growth Comparison, By Mode of Delivery
7.2 Global Hospital Capacity Management Solution Market Share Analysis, By Mode of Delivery
7.3 Global Hospital Capacity Management Solution Market Size and Forecast, By Mode of Delivery
7.3.1 On-premise
7.3.2 Cloud-based
8 Global Hospital Capacity Management Solution Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Hospital Capacity Management Solution Market Share Analysis, By End User
8.3 Global Hospital Capacity Management Solution Market Size and Forecast, By End User
8.3.1 Hospitals
8.3.2 Ambulatory Surgical Centers
8.3.3 Others
9Global Hospital Capacity Management Solution Market, By Region
9.1 Global Hospital Capacity Management Solution Market Share Analysis, By Region
9.2 Global Hospital Capacity Management Solution Market Share Analysis, By Region
9.3 Global Hospital Capacity Management Solution Market Size and Forecast, By Region
10 North America Hospital Capacity Management Solution Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 North America Hospital Capacity Management Solution Product Market Share Analysis, By Product
10.3 North America Hospital Capacity Management Solution Product Market Size and Forecast, By Component
10.4 North America Hospital Capacity Management Solution Product Market Size and Forecast, By Mode of Delivery
10.5 North America Hospital Capacity Management Solution Product Market Size and Forecast, By End User
10.6 North America Hospital Capacity Management Solution Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Hospital Capacity Management Solution Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Europe Hospital Capacity Management Solution Product Market Share Analysis, By Product
11.3 Europe Hospital Capacity Management Solution Product Market Size and Forecast, By Component
11.4 Europe Hospital Capacity Management Solution Product Market Size and Forecast, By Mode of Delivery
11.5 Europe Hospital Capacity Management Solution Product Market Size and Forecast, By End User
11.6 Europe Hospital Capacity Management Solution Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Hospital Capacity Management Solution Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Asia Pacific Hospital Capacity Management Solution Product Market Share Analysis, By Product
12.3 Asia Pacific Hospital Capacity Management Solution Product Market Size and Forecast, By Component
12.4 Asia Pacific Hospital Capacity Management Solution Product Market Size and Forecast, By Mode of Delivery
12.5 Asia Pacific Hospital Capacity Management Solution Product Market Size and Forecast, By End User
12.6 Asia Pacific Hospital Capacity Management Solution Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Hospital Capacity Management Solution Market Analysis and Forecast (2020 – 2030)
13.1 Introduction
13.2 Latin America Hospital Capacity Management Solution Product Market Share Analysis, By Product
13.3 Latin America Hospital Capacity Management Solution Product Market Size and Forecast, By Component
13.4 Latin America Hospital Capacity Management Solution Product Market Size and Forecast, By Mode of Delivery
13.5 Latin America Hospital Capacity Management Solution Product Market Size and Forecast, By End User
13.6 Latin America Hospital Capacity Management Solution Product Market Size and Forecast, By Country
14Middle East Hospital Capacity Management Solution Market Analysis and Forecast (2020 – 2030)
14.1 Introduction
14.2 Middle East Hospital Capacity Management Solution Product Market Share Analysis, By Product
14.3 Middle East Hospital Capacity Management Solution Product Market Size and Forecast, By Component
14.4 Middle East Hospital Capacity Management Solution Product Market Size and Forecast, By Mode of Delivery
14.5 Middle East Hospital Capacity Management Solution Product Market Size and Forecast, By End User
14.6 Middle East Hospital Capacity Management Solution Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Infosys Limited
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Cerner Corporation
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Epic Systems Corp
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Sonitor Technologies, Inc
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Awarepoint Corp
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 McKesson Corporation
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 STANLEY Healthcare Solutions Limited
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 TeleTracking Technologies, Inc
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Allscripts Healthcare Solutions, Inc
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Koninklijke Philips N.V.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11.6 Key Strategies
