Clinical Workflow Solutions Market (By Type: Data Integration Solutions, Real-Time Communication Solutions, Workflow Automation Solutions, Care Collaboration Solutions, Enterprise Reporting & Analytics Solutions; By End-use: Hospitals, Ambulatory Care Centers, Long Term Care Facilities) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 190

The global clinical workflow solutions market is anticipated to grow at a CAGR of around 12.5% over the forecast period 2019 to 2026 and expected to reach around US$ 15.1 Bn by 2026.

Clinical workflow is an interaction between physician or surgeon, nurses or other staff, patients, health records, and third-party applications. A poorly-integrated workflow solution can hinder workflows by making it essential for clinicians to duplicate data for multiple applications or log in and out of several systems to find the relevant clinical data to make clinical decisions. Clinical workflow solutions providers introduce effective and seamless solutions in the market as they are continuously facing pressure to do more in less time.

Market Dynamics

The increase in demand to limit healthcare costs, growing patient volume, due to the rising prevalence of chronic diseases, and the government initiatives to enhance adoption of healthcare IT are some of the key factors propelling the clinical workflow solutions market growth. Hospitals and other medical facilities are in the process of integrating workflows of tedious documentation, administrative staff management along with seamless access to the patient’s related clinical and administrative data in all the departments. An increase in demand for clinical workflow solutions for patient-centered care delivery and improved clinician productivity is anticipated to boost the market growth.

Reduced complexities and ease of use due to technologically advanced clinical workflow solutions are driving the adoption rate and thereby propel market growth. The emergence of collaborations and acquisitions among workflow service providers and hospitals has witnessed a significant increase in the last few years to expand geographical reach or customer base.

Based on type, the market is divided into data integration solutions, real-time communication solutions, workflow automation solutions, care collaboration solutions, and enterprise reporting &analytics solutions. In 2018, the data integration solutions segment accounted for the largest share of the market. This can be attributed to increasing the necessity for proper management and storage solutions to manage a growing volume of medical records. Furthermore, the need for cost-cutting, government incentives to adopt data integration solutions, and penalties are some of the propelling factors of the market. The care collaboration solutions segment is anticipated to observe the fastest growth during the forecast period due to the increase in the patient-centric services providers. These solutions manage workflow thereby improves patient care which further saves cost and time.

Based on the end-use, the market is segmented into hospitals, ambulatory care centers, and long-term care facilities. Hospitals accounted for the maximum share of the market in 2018. This can be attributed to the availability of a large number of healthcare facilities clubbed in at a single center that needs proper management of data. Furthermore, government initiatives to support eHealth and the necessity of solutions for proper management of high clinical data are anticipated to boost the drive the market growth. 

Geographically, the market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the clinical workflow solutions market in 2018. This can be attributed to the rising geriatric population and patient admission in the hospitals leading to a high volume of data entry. Furthermore, government initiatives regarding the effective usage of EHR, interoperability, and other solutions and high focus on patient care are propelling the market for clinical workflow solutions in the region. For instance, according to the data published in August 2018 EHR intelligence, the federal government had invested USD 38 billion in healthcare facilities to install EHR systems through the MU program in Medicare and Medicaid since 2011. However, the Asia Pacific region is anticipated to be the fastest-growing region for the clinical workflow solutions market. The region observed a significant increase in demand for healthcare IT solutions in the medical sector due to increasing investment from emerging economies. Furthermore, supportive initiatives are taken by governments for the implementation of eHealth, rising medical tourism, improving healthcare infrastructure, and the presence of quality healthcare are the factors driving the regional market.

The market research study on “Clinical Workflow Solutions Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight on the global clinical workflow solutions market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global clinical workflow solutions market, its type, end-use, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global clinical workflow solutions market size and segment markets by type, end-use, and geography along with the information on companies operating in the market. The clinical workflow solutions market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market sizes for different segments have been covered under the scope of the report.

Key players operating in the clinical workflow solutions market are Allscripts, AthenaHealth, Cerner Corporation, Cisco, GE Healthcare, Hill-Rom Holdings, Inc., Koninklijke Philips N.V., McKesson Corporation, and NextGenHealthcare Information Systems. Acquisitions, partnerships, and collaborations of market players with healthcare service providers to expand their market presence are the major strategies being adopted by industry players in recent years. Furthermore, solution providers are investing in the development of innovative and effective solutions for clinical workflow management is anticipated to propel the market growth.

Market Segmentation

Market By Type

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

By End-use

  • Hospitals
  • Ambulatory Care Centers
  • Long Term Care Facilities

By Geography

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa


Frequently Asked Questions

Clinical workflow solutions providers introduce effective and seamless solutions in the market as they are continuously facing pressure to do more in less time.

Factors such as the increase in demand to limit healthcare costs, growing patient volume, due to the rising prevalence of chronic diseases, and the government initiatives to enhance adoption of healthcare IT restrain the clinical workflow solutions market growth.

According to Acumen Research and Consulting, the clinical workflow solutions market value is anticipated to be worth around US$ 15.1 billion in 2026.

The clinical workflow solutions market is anticipated to grow over 12.5% CAGR during the forecast period 2019 to 2026.

North America held maximum share in 2018 for clinical workflow solutions market.

Allscripts, AthenaHealth, Cerner Corporation, Cisco, GE Healthcare, Hill-Rom Holdings, Inc., Koninklijke Philips N.V., McKesson Corporation, and NextGenHealthcare Information Systems are the top players operating in the clinical workflow solutions market.

In 2018, the data integration solutions segment accounted for the largest share of the market

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