Hospital Capacity Management Solutions Market
Hospital Capacity Management Solutions Market: Real Time Locating System Segment by Product Type Projected to Retain Its Dominance over the Forecast Period: Europe Industry Analysis and Opportunity Assessment, 2017-2027
- 2017-04-17
- REP-EU-3520
- 276 pages
-
An Incisive, In-depth Analysis on the Europe Hospital Capacity Management Solutions Market
This study offers a comprehensive, 360 degree analysis on the Europe Hospital Capacity Management Solutions market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Europe Hospital Capacity Management Solutions market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
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Healthcare consists of a diverse set of private and public data collection such as administrative enrolment, health surveys, and medical records utilised by a number of entities including hospitals, health plans and physicians. Businesses have a continuous need for integrating data across the entire organisation. Businesses need to acquire intelligence from the information provided or delivered in real time. The Europe hospital capacity management solutions market provides ample opportunities to improve health safety by creating highly efficient software where data input is simplified and easily available for reporting and making decisions in real time.
Reducing waiting time in the emergency department is a key driver
Products in the Europe hospital capacity management solutions market analyse and predict bed occupancy in the emergency department and can reduce waiting time by a significant 35%, rising all the way up to 50%. In addition, these solutions provide a real-time visibility of patient location and status thereby improving care delivery, ensuring prompt communication between the hospital staff and the patient’s family. Real time location system (RTLS) is an immensely beneficial tool that optimises resource use by tracking both patients along with assets. RTLS solutions locate and assign the nearest and best suited caregiver to each patient and eliminate resource and time wastage almost entirely.
Real Time Locating System (RTLS) to record a CAGR of 5.6% over the course of the forecast period
The value of the Real Time Locating System segment in the Europe hospital capacity management solutions market is anticipated to be worth slightly more than US$ 92 Mn in the year 2017. A rising number of patients undergoing surgery, high hospital bed occupancy, and improved efficiency of hospital capacity management solutions are some of the factors that are anticipated to contribute to higher growth in the Europe hospital capacity management solutions market for the decadal study. The Real Time Locating System segment is projected to show steady growth all through the forecast period in the Europe hospital capacity management solutions market. This segment is expected to gain a massive 165 BPS during the 10-year study and should almost touch US$ 160 Mn in terms of value by 2027. The Real Time Locating System segment is expected to create absolute $ opportunity of US$ 4.58 Mn in 2018 over 2017.
Workflow Management Solutions segment poised to grow at a slower CAGR than the Real Time Locating System segment
The Workflow Management Solutions segment is anticipated to be worth just under US$ 35 Mn in the year 2017 and rise to more than US$ 56 Mn by the end of the forecast period, recording a CAGR of 4.9% in terms of value. The penetration of hospital capacity management solutions has been growing rapidly as these solutions are able to dramatically improve results by increasing revenue, reducing patient hospital stay, increasing hospital bed turnover and maximising hospital resource efficiency. The Workflow Management Solutions segment is expected to create absolute $ opportunity of US$ 1.56 Mn in 2018 over 2017. This segment is projected to lose 20 BPS over the duration of the study period. Revenue from the Workflow Management Solutions segment in the Europe hospital capacity management solutions market is expected to grow 1.6x by 2027 end as compared to that in 2017.
About the Report
In a new report titled ‘Hospital Capacity Management Solutions Market: Europe Industry Analysis and Opportunity Assessment, 2017–2027’, Future Market Insights has undertaken a comprehensive study of the Europe hospital capacity management solutions market for a 10 year period from 2017-2027. We have studied the Europe hospital capacity management solutions market by taking several important metrics such as CAGR, Y-o-Y growth rate, absolute dollar opportunity and incremental dollar opportunity into consideration. Our analysts have given their expert opinion on where the Europe hospital capacity management solutions market is anticipated to reach at the end of the forecast period.
As this is a regional report, we should start by identifying which countries in Europe we have focussed upon. The Europe hospital capacity management solutions market report has profiled the UK, France, Germany, Italy, Spain, Benelux, and Nordic nations, Russia, Poland and the Rest of Europe. We have a dedicated chapter for each country in Europe wherein we have spoken at length about the market forecast on the basis of Product Type. We provide the Y-o-Y growth projections, absolute dollar opportunity and the market value forecast by Application Type as well as Mode for every individual nation. If you wish to target only one or two key countries in the Europe hospital capacity management solutions market, you can refer to this informative section and finalise your decision.
In another section of the Europe hospital capacity management solutions market report, we have provided a market analysis on the basis of Product Type. The Y-o-Y growth comparison, the absolute dollar opportunity and the Basis Point Share (BPS) analysis has been highlighted for our readers’ benefit. All these key metrics have been used to study the various product types in the Europe hospital capacity management solutions market. This is particularly helpful if you seek to target only one product type as opposed to a scattershot approach to the Europe hospital capacity management solutions market.
An important section of the Europe hospital capacity management solutions market report is the overview. In this, we have explained the Europe hospital capacity management solutions market in detail by providing the definition along with the market taxonomy. We then move onto the drivers, restraints, opportunities and trends that key stakeholders can expect in the Europe hospital capacity management solutions market. A market analysis that includes market size forecast in terms of value, the Y-o-Y growth projections and the absolute dollar opportunity in the Europe hospital capacity management solutions market concludes this section.
The executive summary at the beginning of the Europe hospital capacity management solutions market report is a brief yet succinct section that highlights important drivers, key companies, and a few major market trends. We have included a pie-chart representation of the Europe hospital capacity management solutions market by Country and Product for your understanding. Lastly, our expert analysts have mentioned the geographies to target along with a differentiation strategy that may be adopted. You can safely make your strategic business decisions on the basis of our analyst recommendations of the Europe hospital capacity management solutions market.
Market Taxonomy
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A competition analysis is absolutely critical if you wish to be successful in the Europe hospital capacity management solutions market. Our competition landscape section has been created to solely fulfil this purpose. We have profiled the most relevant players currently active in the Europe hospital capacity management solutions market. Important company details, a brief description, an overview of where the company is dominant, and key financials provide a complete picture. In addition to this, we have included a SWOT analysis along with major developments relevant to the particular company that would be invaluable for any organisation wishing to try their luck in the Europe hospital capacity management solutions market.
Industry-Leading Research Methodology
Future Market Insights has pioneered a truly industry-leading research methodology to prepare the Europe hospital capacity management solutions market report. Our analysts conduct thorough primary and secondary research at the outset. A market player list including all the important stakeholders across the value chain is developed and a questionnaire is prepared for every node within the chain to get the necessary market information. After the data has been gathered, we validate it using the triangulation method where primary data is combined with both secondary data and our expert analysis to deliver the final output. This is extensively scrutinised with proprietary tools to gain every possible qualitative and quantitative insight into the Europe hospital capacity management solutions market.
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