Clinical workflow solutions market

Global Clinical Workflow Solutions Market Size, Share, Growth Analysis, By Type(Data Integration solutions, Real Time Communication solution), By End Use(Hospitals, Long-term care facilities) - Industry Forecast 2024-2031

Report ID: SQSG35G2023 | Region: Global | Published Date: April, 2024
Pages: 260 | Tables: 66 | Figures: 75

Global Clinical Workflow Solutions Market News

  • In January 2020, Infor entered into an agreement to acquire Intelligent InSite’s Inc. This acquisition enabled Infor to offer an expanded suite of technology for healthcare organizations.
  • In May 2020, Stanley healthcare collaborated with CISCO. Under this collaboration, STANLEY Healthcare’s Aero Scout Real-time Location System (RTLS) platform has been fully integrated with Cisco DNA Spaces. This collaboration enables STANLEY Healthcare to deliver a more seamless and cost-effective solution to healthcare providers who rely on RTLS as a core part of their operations.
  • In April 2020, GE healthcare launched software solutions, virtual care solutions.
  • In November 2019, Getinge opened its Experience Center in Tokyo, Japan.
  • In April 2020, Capsule technologies acquired Bernoulli. Under this acquisition, Bernoulli’s Clinical Surveillance solution will be integrated with Capsule Technologies’ Medical Device Integration platform. This acquisition further strengthened Capsule Technologies’ connectivity capabilities.
  • September 2020, ePlusinc partnered with Mobile Heartbeat to provide MH-CURE to healthcare administrations seeking to augment clinical workflows and patient care. MH-CURE is a Unified Clinical Communication platform.
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Global Clinical Workflow Solutions Market size was valued at USD 2.83 billion in 2019 and is poised to grow from USD 3.19 billion in 2023 to USD 9.27 billion by 2031, growing at a CAGR of 12.6% in the forecast period (2024-2031).

Global clinical workflow solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to clinical workflow solutions market. 'Cerner Corporation', 'McKesson Corporation', 'Allscripts Healthcare Solutions, Inc', 'Athenahealth, Inc.', 'GE Healthcare', 'Koninklijke Philips N.V.', 'Siemens Healthineers AG', 'Infor, Inc.', 'Optum, Inc. (UnitedHealth Group)', 'Epic Systems Corporation', 'eClinicalWorks LLC', 'NextGen Healthcare, Inc.', 'Agfa-Gevaert N.V.', 'Carestream Health', 'Merge Healthcare, Inc. (an IBM Company)', 'Wolters Kluwer N.V.', 'IBM Watson Health', 'Meditech', 'CureMD Healthcare', 'Infosys Limited'

Clinical workflow solutions mainly focus on enhancing patient care and safety. Clinical workflow solutions have become increasingly meaningful to healthcare organizations seeking more seamless, attractive, and impactful ways to improve patient outcomes and safety. This is because these solutions enable the flow of real-time health data for constant monitoring resulting in more informed care decisions and improved outcomes. The clinical workflow solutions offer functionalities to help improve care quality, care coordination, and overall patient satisfaction while reducing the rate of medication errors and adverse drug events, their adoption is expected to increase in the coming years.

Health care businesses seeking more attractive, smooth, and impactful ways to improve patient outcomes and safety are increasingly turning to clinical workflow solutions. This is due to the fact that these solutions allow for the continuous flow of real-time health data, resulting in better-informed care decisions and results. Clinical workflow solutions provide characteristics that can help enhance care quality, care coordination, and overall patient happiness while also lowering the risk of medication errors and adverse drug events, and their usage is projected to rise in the future years.

North America dominated the market with over 40.7% share in 2021. Factors such as increasing R&D activities and patient admission in the hospitals leading to the generation of high volume of data and increasing government initiatives regarding the effective usage of interoperability, EHR, and other solutions are contributing to the market growth in the region. In addition, increasing focus on patient care and rising healthcare spending on digitization for secure exchange of data within organizations are driving the regional market.

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