Report : Europe Patient Flow Management Market Forecast to 2028 – COVID-19 Impact and Analysis – by Product (Integrated and Standalone), Type (Real-Time Locating Systems, and Event-Driven Patient Tracking), Component (Software, Hardware, and Services), and Delivery Mode (On-Premise, Web Based, and Cloud-Based)
Standalone Segment has the Largest Share of Product in the Europe Patient Flow Management Market during 2021–2028
According to our latest study on “Europe Patient Flow Management Market Forecast to 2028 – COVID-19 Impact and Analysis – by Product, Type, Component, and Delivery Mode,” the market is projected to reach US$ 848.3 million by 2028 from US$ 209.2 million in 2021; it is expected to grow at a CAGR of 22.1% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the are rising adoption of patient-centric approach, shortage of nursing staff and doctors, and rising numbers of start-ups. However, the shortage of skilled IT technicians and risks of cyber threats hamper the market growth.
Based on product, the patient flow management market is segmented into integrated and standalone. In 2021, the standalone segment accounted for the largest share due to higher adoption in small & medium size healthcare organizations prefer standalone platforms to improve the quality and efficiency of patient flow management, moreover the integrated segment is expected to grow at a highest CAGR in the forecast period due to Integrated solutions also help in addressing the needs of large population of patients along with reduction or minimizing of the costs associated.
McKesson Corporation; Epic Systems Corporation; Cerner Corporation; TeleTracking Technologies Inc; Allscripts Healthcare, LLC; and Sonitor Technologies AS are among the leading companies in the Europe patient flow management market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for patient flow management market is segmented into product, component, delivery mode, and type. Based on product, the Europe patient flow management market is segmented into integrated and standalone. Based on component, the patient flow management market is segmented into software, hardware and services. Based on type, the Europe patient flow management market is segmented into real-time locating systems and event-driven patient tracking. Based on delivery mode, the Europe patient flow management market is segmented into on-premise, web based and cloud-based. Geographically, the patient flow management market is segmented into Europe (Germany, UK, France, Spain, Italy, Rest of Europe).
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