Adoption of Hospital Management Capacity Solutions Market Will Multiple at 5.1% CAGR Through 2027

Future Market Insights has announced the addition of the “ Hospital Management Capacity Solutions Market: Global Industry Analysis and Opportunity Assessment, 2017-2027"report to their offering.

Posted: Tuesday, November 07, 2017 at 9:54 AM CST

Valley Cottage, NY -- (SBWire) -- 11/07/2017 --Adoption of hospital management capacity solutions will grow at 5.1% CAGR through 2027, according to a latest research by Future Market Insights (FMI). Increasing need for enhanced health safety will influence healthcare institutes to adopt IT/HCMS. Furthermore, emphasis on financial and clinical integration will push incorporation of robust IT infrastructures such as PLEXIS.

By product type, real-time locating system will account for a majority revenue share of the market. This segment accounted for US$ 88.34 Mn in 2016, and is expected to register highest CAGR through 2027. Event-driven solutions segment is expected to exhibit second-highest CAGR of 5.2% over the following decade.

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Regional Analysis U.K., with total revenues to the tune of US$ 50.78 Mn in 2016, is the largest market for hospital capacity management solutions in Europe. It will remain the largest, and the fastest-growing market in Europe, during the forecast period. The HCMS market in Germany is expected to surpass US$ 80 Mn by 2027.

Leading players mainly focus on strategies such as expanding their global footprints through collaboration, conferences, product expansions, partnerships and strengthening distribution networks. Demand for applications and systems for new business requirements will intensify partnerships, mergers and acquisitions and consolidations among market players. Vendors are actively entering into partnerships and acquisitions to consolidate their position in the market. Moreover, majority of the stakeholders in healthcare are adopting cloud computing solutions to address security, scalability and availability issues.

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Key players operating in the Europe HCMS market include Awarepoint Corporation, Allscripts Healthcare Solutions, Inc., Cerner Corporation, McKesson Corporation, Epic Systems Corporation, TeleTracking Technologies, Inc., Central Logic, Sonitor Technologies, Inc., STANLEY Healthcare Solutions Limited and Care Logistics LLC.

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