Market Overview:
The global hospital capacity management solutions market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing demand for quality patient care, rising healthcare expenditure, and the growing number of hospitals worldwide. The global hospital capacity management solutions market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into workflow management solutions, asset management solutions, bed management solutions, quality patient care solutions, real-time locating system (RTLS), and event-driven solutions. Workflow management solution is expected to hold a major share in the global hospital capacity management solution due to its ability to optimize workflows within a healthcare organization. On the basis of application; standalone Solutions are anticipated witness higher adoption as compared with integrated Solutions during forecast period owing rise in need for better coordination between different functional areas such as pharmacy procurement & inventory control laboratory information systems (LIS) Radiology information systems (RIS) Cardiology information systems (CIS) etc.
Product Definition:
Hospital Capacity Management Solutions (HCMS) is a term used to describe the various software and technologies that are used to optimize hospital bed usage. HCMS can include software that helps manage patient flow through the hospital, as well as software that helps allocate beds and resources based on patient need. The importance of HCMS cannot be overstated; hospitals rely on these systems to ensure they are using their limited resources in the most efficient way possible.
Workflow Management Solutions:
Workflow management solutions are computer-based systems designed to simplify and improve the way work is carried out within an organization. Workflow management software is used by hospitals, clinics, laboratories and other healthcare facilities for several functions such as claim processing, order entry/management, scheduling & documentation among others. The factors that propel the growth of workflow management solutions market include growing demand for automation in hospital operations coupled with increasing adoption of cloud computing technology in these organizations.
Asset Management Solutions:
Asset management solutions are used in hospital capacity management solutions to track all the assets of a hospital. Asset Management Solutions help to manage all the equipment and facilities such as medical devices, furniture, and staff which helps in improving operational efficiency. It also helps to reduce operating costs by providing information on usage pattern & performance of each asset along with its location at any given time.
Application Insights:
The standalone solutions segment dominated the global hospital capacity management solutions market in 2017. Standalone solutions are used to manage a variety of functions such as financial, human resources, information technology and maintenance. These applications help hospitals in tracking performance against set targets and generating reports on a real-time basis for decision-making purposes. The integrated solutions segment is expected to witness the highest growth over the forecast period owing to rising demand from healthcare providers for effectively managing their operations across departments or units of work. For instance, an integrated labor management solution enables labor managers within a hospital department to efficiently schedule shifts with employees and track employee attendance & performance through mobile apps or online portals. Such trends are anticipated to drive demand for integrated capacity management systems over the forecast period.
Regional Analysis:
North America dominated the global hospital capacity management solutions market in 2017. The presence of well-established healthcare facilities, favorable government initiatives, and increasing investments by prominent players for developing new products are some of the factors responsible for its large share. For instance, in May 2018, GE Healthcare launched a new family of smart CT imaging systems that can be integrated with physician review boards to help hospitals better manage patient care workflow and deliver higher quality care.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to rising demand for technologically advanced medical equipment & software coupled with improving healthcare infrastructure and growing awareness about patient safety & wellbeing. In addition, an increase in aging population prone to various chronic diseases is anticipated to drive demand from other applications such as event driven RTLS system application within hospitals over the next eight years.
Growth Factors:
- Increasing demand for hospital capacity management solutions due to the growth of the healthcare sector.
- The need for improved patient care and safety, which can be achieved through the use of hospital capacity management solutions.
- Rising pressure on hospitals to manage their resources more efficiently, which has led to an increase in demand for hospital capacity management solutions.
- The growing trend of outsourcing services by hospitals, which has led to an increase in demand for hospital capacity management solutions.
- The increasing use of technology in the healthcare sector, which is driving the adoption of hospital capacity management solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospital Capacity Management Solutions Market Research Report
By Type
Workflow Management Solutions, Asset Management Solutions, Bed Management Solutions, Quality Patient Care Solutions, Real Time Locating System (RTLS), Event Driven Solutions
By Application
Standalone Solutions, Integrated Solutions
By Companies
Awarepoint, Allscripts Healthcare, Cerner, McKesson, Epic Systems, TeleTracking, Central, Sonitor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Hospital Capacity Management Solutions Market Report Segments:
The global Hospital Capacity Management Solutions market is segmented on the basis of:
Types
Workflow Management Solutions, Asset Management Solutions, Bed Management Solutions, Quality Patient Care Solutions, Real Time Locating System (RTLS), Event Driven Solutions
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Standalone Solutions, Integrated Solutions
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Awarepoint
- Allscripts Healthcare
- Cerner
- McKesson
- Epic Systems
- TeleTracking
- Central
- Sonitor
Highlights of The Hospital Capacity Management Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Workflow Management Solutions
- Asset Management Solutions
- Bed Management Solutions
- Quality Patient Care Solutions
- Real Time Locating System (RTLS)
- Event Driven Solutions
- By Application:
- Standalone Solutions
- Integrated Solutions
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hospital Capacity Management Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hospital capacity management solutions are a suite of tools and services that help hospitals manage their resources more effectively. These solutions can include everything from forecasting demand to tracking utilization rates. They can also include systems that help hospitals track costs and performance metrics, as well as software that helps them identify potential cost savings opportunities.
Some of the major players in the hospital capacity management solutions market are Awarepoint, Allscripts Healthcare, Cerner, McKesson, Epic Systems, TeleTracking, Central, Sonitor.
The hospital capacity management solutions market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hospital Capacity Management Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hospital Capacity Management Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospital Capacity Management Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hospital Capacity Management Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hospital Capacity Management Solutions Market Size & Forecast, 2020-2028
4.5.1 Hospital Capacity Management Solutions Market Size and Y-o-Y Growth
4.5.2 Hospital Capacity Management Solutions Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Workflow Management Solutions
5.2.2 Asset Management Solutions
5.2.3 Bed Management Solutions
5.2.4 Quality Patient Care Solutions
5.2.5 Real Time Locating System (RTLS)
5.2.6 Event Driven Solutions
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Standalone Solutions
6.2.2 Integrated Solutions
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospital Capacity Management Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hospital Capacity Management Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Workflow Management Solutions
9.6.2 Asset Management Solutions
9.6.3 Bed Management Solutions
9.6.4 Quality Patient Care Solutions
9.6.5 Real Time Locating System (RTLS)
9.6.6 Event Driven Solutions
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Standalone Solutions
9.10.2 Integrated Solutions
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Workflow Management Solutions
10.6.2 Asset Management Solutions
10.6.3 Bed Management Solutions
10.6.4 Quality Patient Care Solutions
10.6.5 Real Time Locating System (RTLS)
10.6.6 Event Driven Solutions
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Standalone Solutions
10.10.2 Integrated Solutions
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Workflow Management Solutions
11.6.2 Asset Management Solutions
11.6.3 Bed Management Solutions
11.6.4 Quality Patient Care Solutions
11.6.5 Real Time Locating System (RTLS)
11.6.6 Event Driven Solutions
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Standalone Solutions
11.10.2 Integrated Solutions
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Workflow Management Solutions
12.6.2 Asset Management Solutions
12.6.3 Bed Management Solutions
12.6.4 Quality Patient Care Solutions
12.6.5 Real Time Locating System (RTLS)
12.6.6 Event Driven Solutions
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Standalone Solutions
12.10.2 Integrated Solutions
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Workflow Management Solutions
13.6.2 Asset Management Solutions
13.6.3 Bed Management Solutions
13.6.4 Quality Patient Care Solutions
13.6.5 Real Time Locating System (RTLS)
13.6.6 Event Driven Solutions
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Standalone Solutions
13.10.2 Integrated Solutions
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hospital Capacity Management Solutions Market: Competitive Dashboard
14.2 Global Hospital Capacity Management Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Awarepoint
14.3.2 Allscripts Healthcare
14.3.3 Cerner
14.3.4 McKesson
14.3.5 Epic Systems
14.3.6 TeleTracking
14.3.7 Central
14.3.8 Sonitor
