The global hospital capacity management solutions market size is expected to reach USD 9.55 billion by 2028 according to a new study by Polaris Market Research. The report “Hospital Capacity Management Solutions Market Share, Size, Trends, Industry Analysis Report, By Mode of Delivery (On-premises, Cloud-based); By Product; By End-Use; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Hospitals focusing on better workforce managing and reducing operation cost, are the key industry growth driver. Governments across the globe are investing in empowering the healthcare system to deliver better results which can be achieved through the hospital capacity managing systems and thus have promising development opportunities in the coming years.
Private and public healthcare sector is working towards achieving optimum workforce managing with proper asset utilization as it aids in reducing operational cost deliver satisfying results which is anticipated to propel the industry demand over the forecast period.
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In they year 2020, asset managing dominated the industry due to its increasing demand in hospitals for supplies tracking, provide training to the workforce, and equipment managing which further aids in saving resources and time.
North America dominated the market in the year 2020, owing to the implementation of new technologies in the region for improved healthcare. Developed IT infrastructure acts as a catalyst for the demand for the capacity managing systems. Several players are investing in the expansion to gain a larger market share which is anticipated to drive the industry over the coming years.
Major players in the capacity managing market are Teletracking Technologies, Inc. (US), NextGen Healthcare (US), Allscripts Healthcare Solutions, Inc. (US), Epic Systems Corporation (US), Koninklijke Philips N.V. (Netherlands), Neusoft Corporation (China), Infinitt Healthcare Co., Ltd. (South Korea), Infor Systems (US), JVS Group (India).
Alcidion Corporation acquired Extramed and UK based patient flow software company on 15th of April 2021, which strengthen companies’ presence in UK for delivering smart technology systems in healthcare. HealthStream a US-based company acquire Change Healthcare’s Staff Scheduling Business in the year 2020, which empowered the organization to gain a competitive edge in the workforce scheduling and capacity managing solutions market. Stanley Healthcare partnered with Cisco DNA Spaces in the year 2020, which enable the organization to integrate its AeroScout RTLS with Cisco DNA spaces which enhanced and simplify operations of healthcare companies.
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Polaris Market research has segmented the hospital capacity management solutions market report on the basis of product, mode of delivery, end-use, and region:
Hospital Capacity Management Solutions, Product Outlook (Revenue – USD Million, 2016 – 2028)
- Asset Management
- Medical Equipment
- Bed
- Patient Flow Management Solutions
- Workforce Management
- Nursing & Staff Scheduling Solutions
- Leave and Absence Management
- Quality Patient Care
Hospital Capacity Management Solutions, Mode of Delivery Outlook (Revenue – USD Million, 2016 – 2028)
- On premise
- Cloud-based
Hospital Capacity Management Solutions, End-Use Outlook (Revenue – USD Million, 2016 – 2028)
- Hospitals
- Ambulatory Surgical Centers
- Others
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