Overview

Global Clinical Workflow Solutions Market is estimated to value over USD 12.9 billion by 2026 end and register a CAGR of over 12.2% during the forecast period 2019 to 2026.

Clinical workflow solutions are software solutions which provide aid in elevating diagnostic facilities, by integrating imaging silos, facilitating workflows, and aiding in the collaboration. In addition, the workflow solutions offer help in the monitoring of workflow by way of surveillance reporting and analytics. By introducing such solutions, hospitals can have coordination in all departments which allow caregivers to undertake better safety measures for patients. This dynamic delivery network will prove to be beneficial to both patients and staff members alike, as there is likely to be improved flexibility and transparency for staff optimization, data cross matrixing, greater satisfaction as well as adequate reimbursement.  

The augmentation of the clinical workflow solutions market growth can be attributed to growing demand to cut back on healthcare costs and the surge in the number of patients, owing to the spread of chronic diseases. Moreover, HCIT adoption by government officiated endeavors as well as the establishment of clinical workflow solutions will strengthen patient safety and care.

Going by the segmentation of product, the market is bifurcated into care collaboration solutions, solutions of real-time communication, workflow automation solutions, data integration solutions, analytics solution and finally, enterprise reporting solutions. The data integration segmentation is then categorized into medical image integration solutions and EMR integration solutions. Data integration solutions has captured considerable clinical workflow solutions market share. What stimulates such a large market share of this segment are rising demand for a well-structured management as well as a sizeable storage space that can accommodate the growing volume of medical records. Government initiatives, penalties and the need to reduce costs have driven the growth of this market.

By end users, the market is classified into long-term healthcare provisions, hospital and ambulatory care services. It is anticipated that the hospital segment will most likely have the highest share in the market. Research analysis demonstrates that the large share of this market is due to the rising number of provisions to upgrade the quality of healthcare delivered to patients as well as the need to raise profitability of healthcare operations and cut back on healthcare costs.

The clinical workflow solutions market is projected to grow in the region of Latina America for many reasons. Among them, are the government sanctioned provisions for eHealth, developments and innovations in the healthcare infrastructure, trends in medical tourism, as well as a demand for satisfactory standards of healthcare, are factors which drive the market in Latin America. In addition, the spur in population levels, positive initiatives in the government sector, along with plans to digitalize every sector in the country and spreading awareness about the advantages of clinical workflow solutions will mostly revitalize the economic growth.

Among the major players in the clinical workflow solutions market are Hill-Rom Holdings, Koninklijke Philips N.V.,  Cerner Corporation, Ascom Holding AG,  Allscripts Healthcare Solutions, Cisco Systems Inc., Infor Inc.

Clinical Workflow Solutions Market Segmentation:

By Type

• Data Integration Solutions
• Real-time Communication Solutions
• Workflow Automation Solutions
• Care Collaboration Solutions
• Enterprise Reporting & Analytics Solutions

By End User

•  Hospitals
•  Long-Term Care Facilities
•  Ambulatory Care Centers

By Region

• Europe
• North America
• Asia Pacific
• Latin America
• Middle East & Africa

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the clinical workflow solutions market by type, by end user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, industry-specific restraints and opportunities)
• To forecast and evaluate micro-markets and the overall market 
• To predict the market size, in key regions (along with countries) — North America, Europe, Asia Pacific, Latin America and Middle East & Africa
• To record, evaluate and analyse competitive landscape mapping- technological advancements, product launches, expansions and mergers 

Table of Contents

1 Introduction 

1.1 Objectives of the Study 

1.2 Market Definition 

        1.2.1 Markets Covered

        1.2.2 Years Considered for the Study

1.3 Currency 

1.4 Limitations 

1.5 Stakeholders 

2 Research Methodology 

2.1 Research Approach 

2.2 Research Data 

        2.2.1 Secondary Sources

                 2.2.1.1 Key Data From Secondary Sources

        2.2.2 Primary Sources

                 2.2.2.1 Key Data From Primary Sources

                 2.2.2.2 Breakdown of Primary Interviews

2.3 Market Size Estimation 

2.4 Market Breakdown and Data Triangulation 

2.5 Research Assumptions 

3 Executive Summary 

4 Clinical Workflow Solutions Market: Premium Insights

4.1 Clinical Workflow Solutions: Market Overview

4.2 Clinical Workflow Solutions Market: Regional Growth Opportunities

4.3 Geographical Mix: Market (2019–2026)

4.4 Clinical Workflow Solutions Market: Developed vs Developing Markets, 2019 vs 2026 

5 Market Overview 

5.1 Introduction

5.2 Market Dynamics

        5.2.1 Drivers

                 5.2.1.1 Advantages of Clinical Workflow Solutions in Enhancing Patient Care and Safety

                 5.2.1.2 Government Initiatives for HCIT Adoption

                 5.2.1.3 Increasing Patient Volume Due to the Rising Prevalence of Chronic Diseases

                 5.2.1.4 Rising Need to Curtail Healthcare Costs

        5.2.2 Restraints

                 5.2.2.1 Requirement of High Initial Investments in IT Infrastructure

                 5.2.2.2 Interoperability Issues

        5.2.3 Opportunities

                 5.2.3.1 Emerging Markets

                 5.2.3.2 Low Doctor-To-Patient Ratio Leading to Increased Dependency on Healthcare IT Solutions

        5.2.4 Challenges

                 5.2.4.1 Issues Related to Data Security

                 5.2.4.2 Lack of Trained Healthcare IT Professionals

                 5.2.4.3 Reluctance to Use Clinical Workflow Solutions Over Conventional Practices

6 Industry Insights

6.1 Introduction

6.2 Industry Trends

        6.2.1 Availability of Mobile Platforms for Clinical Workflow Solutions

        6.2.2 Increasing Adoption of Integrated Systems to Reduce Healthcare Costs & Improved Quality of Care

        6.2.3 Growing Adoption of IoT in Healthcare

        6.2.4 Increasing Preference for Cloud-Based Solutions

6.3 Market: Competitive Assessment of Growth Strategies

        6.3.1 Inorganic Growth Strategies

        6.3.2 Organic Growth Strategies

7 Clinical Workflow Solutions Market, By Type

7.1 Introduction

7.2 Data Integration Solutions

7.3 Real-time Communication Solutions

7.4 Workflow Automation Solutions

7.5 Care Collaboration Solutions

7.6 Enterprise Reporting & Analytics Solutions

8 Clinical Workflow Solutions Market, By End User

8.1 Introduction

8.2 Hospitals

8.3 Long-Term Care Facilities

8.4 Ambulatory Care Centres

9 Clinical Workflow Solutions Market, By Region

9.1 Introduction

9.2 North America

        9.2.1 US

                 9.2.1.1 Increasing Need to Curtail Soaring Healthcare Costs to Drive Market Growth in the US

        9.2.2 Canada

                 9.2.2.1 Government Initiatives to Support the Adoption of Clinical Workflow Solutions in Canada

9.3 Europe

        9.3.1 Germany

                 9.3.1.1 Germany Dominates the European Market

        9.3.2 UK

                 9.3.2.1 Growing Patient Volume to Drive the Demand for Workflow Solutions in the UK

        9.3.3 France

                     9.3.3.1 Government Initiatives to Promote the Adoption of Healthcare IT Solutions to Drive Market Growth in France

        9.3.4 Italy

                     9.3.4.1 Growing Burden of Chronic Conditions to Propel the Growth of the Clinical Workflow Solutions Market in Italy

        9.3.5 Spain

                 9.3.5.1 Growing Need for Efficient Scheduling Mechanisms in the Country to Drive Market Growth

        9.3.6 Rest of Europe

9.4 Asia Pacific

        9.4.1 Japan

                     9.4.1.1 Growing Need to Digitize Patient Records and High Adoption of Ehrs and EMRs are Contributing to Japan’s Large Share in the APAC Market

        9.4.2 China

                 9.4.2.1 China is Slated to Be the Fastest-Growing Market in the Global Market

        9.4.3 India

                     9.4.3.1 Rapidly Growing Indian Healthcare Industry & Growing Medical Tourism are Driving the Demand for Clinical Workflow Solutions

        9.4.4 Rest of Asia Pacific

9.5 Latin America

        9.5.1 Brazil, Argentina, and Mexico are Emerging Healthcare Markets in Latin America

9.6 Middle East & Africa

        9.6.1 UAE Offers Significant Growth Opportunities for the Healthcare IT Market in the Region

10 Company Profiles

  10.1 Hill-Rom Holdings, Inc.

  10.2 Ascom Holding AG

  10.3 GE Healthcare

  10.4 Koninklijke Philips N.V.

  10.5 Cisco Systems, Inc.

  10.6 Stanley Black & Decker, Inc.

  10.7 Cerner Corporation

  10.8 Infor, Inc.

  10.9 Allscripts Healthcare Solutions, Inc.

  10.10 Mckesson Corporation (Change Healthcare) 

11 Competitive Landscape

11.1 Overview

11.2 Market Share Analysis

          11.2.1 Data Integration Solutions Market

          11.2.2 Nurse Call Alert Systems Market

  11.3 Competitive Situation and Trends

          11.3.1 Product Launches

          11.3.2 Expansions

          11.3.3 Acquisitions

          11.3.4 Other Strategies

Chapter 12 Research Finding and Conclusion

Chapter 13 Research Methodology

Chapter 14 Research Data Source

Tables

Figures