Patient Flow Management Solutions Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

Patient Flow Management Solutions Market Global Trends, Market Share, Industry
Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Patient flow management is a one-stop software solution to manage all the patient
information in hospitals and plays a vital role in customer feedback and satisfaction.
Reforming healthcare management and infrastructure in developing nations is
expected to drive growth for global patient flow management solutions market
during the forecast period.
With the increasing inflow of patients, the amount of patient information to be
processed is also large in volume across the globe, thus increasing the need for such
solutions. The manual system to manage patient data is relatively unreliable being
prone to human error and data loss. Manual management of data requires extensive
labour with additional costs. The adoption of integrated patient flow management
solutions, promises a significant saving of time, labour cost, reduced human error,
and data mismanagement. The global patient flow management solutions market is
anticipated to value over US$ 1 billion by the end of 2026 and register at a CAGR of
over 19.8% during the forecast period of 2019-2026.
Changing government policies to help promote healthcare services are incentives for
the growth of the market. Additionally, sedentary lifestyle and increasing disposable
income for healthcare expenditure are expected to boost the growth of the global
patient flow management solutions market. Technological improvements also greatly
help expand trade of the market globally. All these factors along with the private
sector’s capital investments lead to an increase in reach, quality and efficiency of the
patient flow management markets. All these factors lead to the potential growth of
patient flow management solutions market.
The seepage of smartphones into the everyday lifestyle and growing network
technology provides the digital healthcare system with novel opportunities to
address more challenges.
According to the American Hospital Association, the margins of Medicare and
Medicaid are getting narrowed down due to low payments. The centers for Medicare
& Medicaid Services evaluate and publish hospital performance rating data publicly
which can be publicly used while selecting a provider. These factors result in leaving
almost no funds left from the hospital’s providing care costs and the reimbursement
they receive from private payers. In 2014, the Medicare patient admission payment
was increased by 0.5%, and the exit payment was increased by 1.8%. This, therefore,
put the burden of rising healthcare costs on providers, with the new regulations like
Medicare shifting to the value-based system through its Medicare Shared Savings
Program (MSSP) and through Value-Based Purchasing (VBP) schemes. Hospitals run
on the principles of costs minimisation while also trying to improve their standards.
Other factors which drive the patient flow management solutions market growth are
high ROI, an impetus to install patient flow management solutions, and shortage of
nursing staff & doctors will increase the need for solutions.
New developments in the field are Bluetooth Low Energy (BLE), which has less
battery consumption than conventional Bluetooth technology. BLE enabled devices
are able to optimise workflow when it gets integrated with RTLS and Electronic
Health Records (EHR). The difficulty of locating patients, staff, and visitors in huge
hospitals and healthcare environment requires a fully integrated combination of
diverse technologies to achieve desired results.
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Global Patient Flow Management Solutions Market: Restraints
+ High-cost technology
+ Lack of skilled professionals
+ Risk related to data security
Global Patient Flow Management Solutions Market: Segmentation
By Solution
+ Surgical Oncology
+ Radiation Oncology
By Deployment
+ On-premise
+ Cloud-Based
The cloud-based models are favoured over their counterparts due to the increasing
integration of technology into the public’s daily lives thus beneficial to accommodate
that into the global patient flow management solutions will offer lucrative growth
opportunities in the near future.
By End User
+ Hospitals
+ Diagnostic Laboratories
+ Outpatient Centres
+ Clinics
By Region
+ Europe
+ North America
+ APAC
+ Latin America
+ Rest of World
Markets of North America and Europe patient flow management solutions is
expected to witness high profits due to rising end users. The Asia Pacific and Latin
America are also expected to create an opportunistic space for service providers.
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Competitive Landscape:
+ Tier 1 players- Established companies in the market with a major market share
+ Tier 2 players -Emerging players which are growing rapidly
+ New Entrants
Allscripts Healthcare Solutions Inc., Awarepoint Corporation, Care logistics LLC,
Central Logic, Inc., Cerner Corporation, Mckesson Corporation, Medworxx Solutions,
INC., Sonitor Technologies, Stanley Healthcare, Teletracking Technologies INC among
others.
Factors of the burden of healthcare maintenance and standardisation are building on
the government and its agencies, thus leading to the implementation of the
innovative patient flow management techniques and created opportunistic space for
existing and new service providers.
FutureWise Takeaways
+ Growth prospects
+ SWOT analysis
+ Key trends
+ Key data-points affecting market growth
Objectives of the Study:
+ To provide with an exhaustive analysis on global patient flow management
solutions market by solution, deployment type, end-user and region
+ To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
+ To evaluate and forecast micro-markets and the overall market
+ To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
+ To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
+ Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
1. Introduction
1.1. Scope and Objective
1.2. Assumptions and Acronyms
1.3. Forecast Factors
1.4. Research Methodology
2.
Executive Summary
2.1. Industry Cluster Analysis
2.2. Competition Matrix
2.3. Strategies Recommendations
3. Market Definition
3.1. Report Scope (Inclusions & Exclusions)
3.2. Market Segmentation
4.
Global Patient Flow Management Solutions Market Overview
4.1. Global Patient Flow Management Solutions Market Revenue (USD Mn)
5.
Key Inclusions
5.1. Porter’s Five Force analysis
5.2. Market Dynamics
5.3. Industry Trends
5.4. Regulatory Guidelines
5.5. Opportunities in Patient Flow Management Solutions Market
6.
Competition Dynamics
6.1. Company Share Analysis (2018)
6.2. Top 10 Product Pricing by Region
7. Global Patient Flow Management Solutions Market Revenue (USD
Mn), 2018-2026 by Solutions
7.1. Key Market Findings
7.2. Long Term ROI Segments
7.3. Revenue Opportunity Influencing Factors
7.4. Market Revenue (USD Mn) Assessment and Forecast by Solutions, 2018-2026
7.4.1
RTLS
7.4.2
Event Driven
8. Global Patient Flow Management Solutions Market Revenue (USD
Mn), 2018-2026 by Deployment
8.1. Key Market Findings
8.2. Long Term ROI Segments
8.3. Revenue Opportunity Influencing Factors
8.4. Market Revenue (USD Mn) Assessment and Forecast by Solutions, 2018-2026
8.4.1
On-premise
8.4.2
Remote
8.4.3
Cloud Based
9. Global Patient Flow Management Solutions Market Revenue (USD
Mn), 2018-2026 by End User
9.1. Key Market Findings
9.2. Long Term ROI Segments
9.3.
Revenue Opportunity Influencing Factors
9.4. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
9.4.1
Hospitals
9.4.2
OutpatientCentres
9.4.3
Clinics
10. Global Patient Flow Management Solutions Market Revenue (USD
Mn), 2018-2026 by Region
10.1.Key Market Findings
10.2.Long Term ROI Segments
10.3.Revenue Opportunity Influencing Factors
10.4.Market Revenue (USD Mn) Assessment and Forecast by
Region,2026
10.4.1 North America
10.4.2 Latin America
10.4.3 Europe
10.4.4 Asia Pacific
10.4.5 Rest of world
11. North America Patient Flow Management Solutions Market
Revenue (US$ Mn), 2018-2026
11.1. Key Market Findings
11.2. Long Term ROI Segments
11.3. Revenue Opportunity Influencing Factors
11.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
11.4.1 US
11.4.2 Canada
11.5. Market Revenue (USD Mn) Assessment and Forecast by Solutions,
2018-2026
11.5.3 RTLS
11.5.4 Event Driven
11.6. Market Revenue (USD Mn) Assessment and Forecast by
Deployment, 2018-2026
11.6.5 On-premise
11.6.6 Remote
11.6.7 Cloud Based
11.7. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
11.7.8 Hospitals
11.7.9 OutpatientCentres
11.7.10 Clinics
12. Latin America Patient Flow Management Solutions Market
Revenue (US$ Mn), 2018-2026
12.1. Key Market Findings
12.2. Long Term ROI Segments
12.3. Revenue Opportunity Influencing Factors
12.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
12.4.1 Brazil
12.4.2 Mexico
12.4.3 Argentina
12.4.4 Rest of Latin America
12.5. Market Revenue (USD Mn) Assessment and Forecast by Solutions,
2018-2026
12.5.5 RTLS
12.5.6 Event Driven
12.6. Market Revenue (USD Mn) Assessment and Forecast by
Deployment, 2018-2026
12.6.7 On-premise
12.6.8 Remote
12.6.9 Cloud Based
12.7. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
12.7.10 Hospitals
12.7.11 OutpatientCentres
12.7.12 Clinics
13. Europe America Patient Flow Management Solutions Market
Revenue (US$ Mn), 2018-2026
13.1. Key Market Findings
13.2. Long Term ROI Segments
13.3. Revenue Opportunity Influencing Factors
13.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
13.4.1 Germany
13.4.2 France
13.4.3 Spain
13.4.4 UK
13.4.5 Russia
13.4.6 Poland
13.4.7 Rest of Europe
13.5. Market Revenue (USD Mn) Assessment and Forecast by Solutions,
2018-2026
13.5.8 RTLS
13.5.9 Event Driven
13.6. Market Revenue (USD Mn) Assessment and Forecast by
Deployment, 2018-2026
13.6.10 On-premise
13.6.11 Remote
13.6.12 Cloud Based
13.7. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
13.7.13 Hospitals
13.7.14 OutpatientCentres
13.7.15 Clinics
14. Asia Pacific America Patient Flow Management Solutions Market
Revenue (US$ Mn), 2018-2026
14.1. Key Market Findings
14.2. Long Term ROI Segments
14.3. Revenue Opportunity Influencing Factors
14.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
14.4.1 Emerging Asia
14.4.1.1
China
14.4.1.2
India
14.4.1.3
ASEAN-5
14.4.1.4
Rest of Emerging Asia
14.4.2 Japan
14.5. Market Revenue (USD Mn) Assessment and Forecast by Solutions,
2018-2026
14.5.3 RTLS
14.5.4 Event Driven
14.6. Market Revenue (USD Mn) Assessment and Forecast by
Deployment, 2018-2026
14.6.5 On-premise
14.6.6 Remote
14.6.7 Cloud Based
14.7. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
14.7.8 Hospitals
14.7.9 OutpatientCentres
14.7.10 Clinics
15. Rest of World America Patient Flow Management Solutions
Market Revenue (US$ Mn), 2018-2026
15.1. Key Market Findings
15.2. Long Term ROI Segments
15.3. Revenue Opportunity Influencing Factors
15.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
15.4.1 Middle East
15.4.2 South Africa
15.4.3 North Africa
15.4.4 Rest of World
15.5. Market Revenue (USD Mn) Assessment and Forecast by Solutions,
2018-2026
15.5.5 RTLS
15.5.6 Event Driven
15.6. Market Revenue (USD Mn) Assessment and Forecast by
Deployment, 2018-2026
15.6.7 On-premise
15.6.8 Remote
15.6.9 Cloud Based
15.7. Market Revenue (USD Mn) Assessment and Forecast by End User,
2018-2026
15.7.10 Hospitals
15.7.11 OutpatientCentres
15.7.12 Clinics
16. Company Profiles
16.1. Competition Landscape
16.2. Global Company Share (USD Mn) Overview, 2018
16.3. Company Profiles
16.3.1 Alscripts Healthcare Solutions
16.3.1.1
Corporate Overview
16.3.1.2
Financial Performance
16.3.1.3
Peer Comparison & 3C marketing equation
16.3.1.4
Company Strategy & Channel Management
16.3.2 Getinge AB
16.3.2.1
Corporate Overview
16.3.2.2
Financial Performance
16.3.2.3
Peer Comparison & 3C marketing equation
16.3.2.4
Company Strategy & Channel Management
16.3.3 Q-nomy Inc.
16.3.3.1
Corporate Overview
16.3.3.2
Financial Performance
16.3.3.3
Peer Comparison & 3C marketing equation
16.3.3.4
Company Strategy & Channel Management
16.3.4 CenTrak
16.3.4.1
Corporate Overview
16.3.4.2
Financial Performance
16.3.4.3
Peer Comparison & 3C marketing equation
16.3.4.4
Company Strategy & Channel Management
16.3.5 Central Square technologies
16.3.5.1
Corporate Overview
16.3.5.2
Financial Performance
16.3.5.3
Peer Comparison & 3C marketing equation
16.3.5.4
Company Strategy & Channel Management
17. Research Sources & Primary Verbatim
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Patient flow management is a one-stop software solution to manage all the patient information in hospitals and plays a vital role in customer feedback and satisfaction. Reforming healthcare management and infrastructure in developing nations is expected to drive growth for global patient flow management solutions market during the forecast period.