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22-Dec-2023

Clinical Workflow Solutions Market Size Poised to Reach USD 29.3 billion by 2031 | CAGR of 11.8%

A new business intelligence report released by Allied Market Research, the global Clinical Workflow Solutions Market generated $9.6 billion in 2021, and is expected to reach $29.3 billion by 2031, witnessing a CAGR of 11.8% from 2022 to 2031. The report provides a detailed analysis of changing market trends, top segments, value chain, competitive scenario, and the Covid-19 pandemic impact. This research offers an extensive guidance to market players, stakeholders, investors, and startups in devising strategies to achieve sustainable growth and avail competitive edge across the global market.

Top Leading  market players of the global clinical workflow solutions market analyzed in the research include Allscripts Healthcare LLC, CISCO, Ascom Holding AG, General Electric Company, Epic System Corporation, Koninklijke Philips N.V., Infor, Inc., NGXN Management LLC, McKesson Corporation, and Oracle Corporation.

Covid-19 Scenario:

  • Owing to rise in demand of evidence-based workflows in the healthcare settings during the Covid-19 pandemic, the demand clinical workflow solutions increased considerably to ensure service to optimum number of patients.
  • Innovations in clinical workflow solutions and services, rise in demand for telemedicine, and surge in need for maintaining the health records of patients led to the market growth during the pandemic.
  • The demand for telehealth increased as consumers and providers tried to find different ways for access and delivery of healthcare services. In April 2020, the overall telehealth utilization in outpatient care and office visits was nearly 78 times higher than that in February 2020.

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Increase in prevalence of cancer & chronic diseases and rise in demand for technologically-advanced solutions such as real-time communication solutions and data integration drive the growth of the global clinical workflow solutions market. Based on region, North America segment accounted for the highest share in 2021, holding nearly half of the global market, and is expected to dominate in terms of revenue by 2031.

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The research provides an extensive segmentation of the global clinical workflow solutions market based on product, delivery mode, end user, and region. The research analyzes their sub-segments to determine fastest growing and highest revenue generating segments for market players and new entrants. Market size and estimations for each segment and sub-segment are offered in the report to determine the steps to be taken in the coming years.

Based on product, the data integration solutions segment held the highest share in 2021, accounting for nearly one-third of the total share, and is projected to continue its leadership status during the forecast period. Moreover, this segment is expected to manifest the highest CAGR of 12.5% from 2022 to 2031. The report also analyzes the segments including real-time communication solutions, workflow automation solutions, care collaboration solutions, and enterprise reporting and analytics solutions.

Based on delivery mode, the cloud- based segment accounted for the highest share in 2021, contributing to nearly three-fifths of the global clinical workflow solutions market, and is projected to maintain its lead in terms of revenue during the forecast period. Moreover, this segment is expected to manifest the highest CAGR of 12.3% from 2022 to 2031. The report also analyzes the on-premise segment.

Based on end user, the hospitals segment accounted for the largest share in 2021, contributing to nearly half of the global market share, and is estimated to maintain its dominance in terms of revenue in 2031. However, the long-term care facilities segment is expected to manifest the fastest CAGR of 12.0% during the forecast period. The report also analyzes the ambulatory care centers segment.

Based on region, North America segment accounted for the highest share in 2021, holding nearly half of the global market, and is expected to dominate in terms of revenue by 2031. However, Asia-Pacific is estimated to grow at the fastest CAGR of 13.4% during the forecast period. The report also analyzes the regions including Europe and LAMEA.

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

  • Which are the driving factors responsible for the growth of market?
  • Which are the roadblock factors of this market?
  • What are the new opportunities, by which market will grow in coming years?
  • What are the trends of this market?
  • Which are main factors responsible for new product launch?
  • How big is the global & regional market in terms of revenue, sales and production?
  • How far will the market grow in forecast period in terms of revenue, sales and production?
  • Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
  • How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
  • Which region has more opportunities?

By Region Outlook 

  • North America
    (U.S., Canada, Mexico)
  • Europe
    (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific
    (Japan, China, India, Rest of Asia-Pacific)
  • LAMEA
    (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of โ€œMarket Research Reportsโ€ and โ€œBusiness Intelligence Solutions.โ€ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

 

Editor Details

  • Company:
    • The Wire Times
Last Updated: 22-Dec-2023