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| Integrated Patient Care Systems Market |
The global Integrated Patient Care Systems Market is estimated to be valued at US$ 19.57 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Integrated patient care systems help improve healthcare operations and
facilitate better clinical collaboration among care teams by allowing access to
comprehensive patient data from multiple sources through a single system
interface. It helps streamline clinical workflows, enhance patient outcomes and
reduce unnecessary medical costs.
Market key trends:
Telehealth is emerging as one of the fastest growing segments in the integrated
patient care systems market. Telehealth enables remote delivery of healthcare
services and virtual care by leveraging technologies such as video conferencing
and mHealth apps. During the COVID-19 pandemic, the demand for telehealth
services witnessed exponential growth as patients preferred virtual visits over
in-person consultations to avoid infection risk. Going forward, telehealth is
expected to play a vital role in improving healthcare access for remote
populations and managing chronic conditions more effectively. This trend is
likely to continue propelling the integrated patient care systems market
expansion over the forecast period.
Segment Analysis
The integrated patient care systems market is segmented into products, delivery
modes, end users, and regions. Based on products, the market is divided into
standalone software, integrated software, and standalone integrated software.
The integrated software segment currently dominates the market due to increased
adoption of integrated software by healthcare facilities to provide efficient
healthcare services.
Key Takeaways
The global Integrated
Patient Care Systems Market Share is expected to witness high growth,
exhibiting a CAGR of 11% over the
forecast period, due to increasing need for streamlining workflow processes and
providing enhanced patient care.
Regional analysis
North America currently dominates the integrated patient care systems market
due to rapid adoption of advanced healthcare IT solutions and presence of key
players in the region. Asia Pacific is expected to grow at the fastest rate
over the forecast period owing to rising healthcare expenditure, increasing
focus on quality care, and growing digitization in healthcare.
Key players
Key players operating in the integrated patient care systems market are Cerner
Corporation, McKesson Corporation, Philips Healthcare, GE Healthcare, Siemens
Healthcare, Epic Systems Corporation, Allscripts Healthcare Solutions, IBM
Corporation, Athenahealth, Inc., Oracle Corporation, Infor, MEDITECH, NextGen
Healthcare, eClinicalWorks, athenahealth, Inc., NXGN Management, LLC, Medical
Information Technology, Inc., CareCloud Corporation, Greenway Health, LLC,
CureMD Healthcare.
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