Real Time Locating System Category Expected to Register Strong Growth in the Global Hospital Capacity Management Solutions Market During 2017-2027

A hospital capacity management solution is utilized to administer patient flow in clinics or hospitals. It helps follow a patient’s clinical information and allocate the closest nurse, specialist or doctor to patients for convenient care, as a result guaranteeing their prior improvement or cure and release. The worldwide market for the hospital capacity management solutions is likely to record a 5.0% CAGR in revenue terms throughout the calculated time frame of 2017-2027.

Market Segmentation

Based on the application type, the overall market is categorized into integrated solutions and standalone solutions. The integrated solutions category is estimated to exhibit the maximum CAGR during the projection period.; The overall market based on delivery mode is broadly divided into cloud-based solutions and on-premise. The cloud-based division is anticipated to continue dominating the overall market through the end of the forecast year 2027.

The worldwide market is categorized based on the product type as asset management solution, real-time locating system, bed management solution workflow management solution, quality patient care solution along with event-driven solutions (includes attendance management tools, event-driven patient tracking, online registration solutions and others). The Real-Time Locating System category is estimated to exhibit strong growth during the projection period. The category is expected to account for a market valuation of over US$ 92 Million in 2017 and is likely to account for a market valuation of approximately US$ 160 Million in valuation terms through the end of 2027. The workflow management solutions category is estimated to account for a figure of about US$ 35 Million in 2017 and is expected to account for over to about US$ 56 Million with the end of the projection period in value terms of, exhibiting a 4.9% CAGR throughout 2017-2027.

The worldwide market is analyzed across seven prominent regions that include Latin America, North America, Eastern Europe, Japan, Western Europe, APEJ and Middle East & Africa. North America is anticipated to dominate the worldwide market, followed by the Western Europe. A growing number of patients going through surgery, excessive hospital bed possession as well as the enhanced effectiveness of hospital capacity management solution are a few of the aspects that are likely to add to higher development in the Europe market for hospital capacity management solutions for over the conjecture time frame of 2017-2027.

Key Market Players: The prominent companies operating in the overall market include: Care Logistics LLC, Allscripts Healthcare Solutions Inc., STANLEY Healthcare, Central Logic, McKesson Corporation, TeleTracking Technologies Inc, Sonitor Technologies Inc, Epic Systems Corporation, Cerner Corporation, Awarepoint Corporation

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About Sabyasachi Ghosh 28 Articles
Sabyasachi Ghosh is an experienced market research analyst and consultant, with over six years of experience in end-to-end project management. He has worked at numerous leadership positions and has a vast experience of compiling high-quality market research reports. Sabyasachi is an authoritative voice in the market research sector, and has been cited in top industry publications. He is a travel junkie, and loves to travel far and wide with his friends.