Hospital Capacity Management Solutions Market Players Need to Explore Opportunities Outside of US and Europe to Sustain Growth: FMI Study

Jun 26,2020 | Healthcare, Pharmaceuticals and Medical devices

FMI, an ESOMAR-certified market research firm, states that the global hospital capacity management solutions market will reach US$ 994 Mn in 2020, growing at 5% y-o-y in 2020.

Adoption of hospital capacity management solutions is seen amongst large patient care facilities for rendering a smooth workflow in terms of downtime as well as cost. This factor is expected to drive the hospital capacity management solutions market in the forecast period.

Key Takeaways of Hospital Capacity Management Solutions Market Study

  • RTLS (Real time locating system) accounted for around 34% of hospital capacity management solutions market in 2019 and is expected to continue with being top-seeded in the forecast period
  • Cloud-based hospital capacity management solution contributed for around 3/5th of market value share in 2019
  • Cumulatively, North America and Europe contributed for more than 70% of the total share of the hospital capacity management solutions market in 2019
  • Countries such as Brazil, China, South Africa, and India are expected to are emerging as lucrative markets, but pale in comparison to US and Europe

Expansive Prominence in the hospital capacity management solutions market

Taking the expansive way of growth helps in strengthening the solutions’ and software’s portfolio; as e-Health has picked up pace looking at the accuracy and need for data management.

For More Detailed Insights on Hospital Capacity Management Solutions Market

  • STANLEY Healthcare, in May 2020, announced the assimilation of AeroScout Real-Time Location System (RTLS) with certification from Cisco DNA Spaces. The objective of this move is to table economic solution across the healthcare industry
  • Allscripts has its “2bPrecise” platform that takes in clinical information from the EHR preferred by client along with genomic/genetic data from the molecular labs, thereby giving a comprehendible patient record. This gives precise diagnoses at a faster rate.
  • TeleTracking Technologies have their Capacity Management Suite with PreAdmitTracking with electronic bedboard to enable patient access as well as placement

“Precise, real-time navigation with the patient will boost the hospital capacity management solutions market.” says the FMI Analyst.

Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global hospital capacity management solutions market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on hospital capacity management solutions market on basis of product type (workflow management solution, asset management solution, bed management solution, quality patient care solution, real time locating system (RTLS), and event driven solutions { online registration solution, attendance management tools, event driven patient tracking, others}), application (standalone solutions, integrated solutions), delivery mode (on premise, cloud-based) across seven major regions

About Healthcare division of FMI

The Healthcare team at Future Market Insights has consistently tracked and analyzed rapidly evolving trends and developments in the global healthcare industry, encompassing pharmaceuticals and medical devices markets. The team facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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