The North America Clinical Workflow Solutions Market would witness market growth of 11.6% CAGR during the forecast period (2023-2030).
Increasing initiatives by private/public entities, rising demand for clinical workflow standardization in developed countries and the requirement to give clinicians remote accessibility to data insights are a few of the major drivers of demand for high-quality healthcare systems. The healthcare system must continually overcome obstacles in order to provide high-quality care. The demand for superior medical care has been prompted in part by diminishing resources, financial limitations, a dearth of clinical SOPs and widely acknowledged treatment protocols, and a growing elderly population. In order to guarantee that their social and health systems are prepared to capitalize on the aging demographic transformation, all nations face significant hurdles.
Hospitals are openly converting to technology-driven frameworks. Workflows for regular paperwork, management of personnel for the medical and administrative staff, and convenient access to patient administrative as well as clinical data across all departments are all being integrated into hospitals and other healthcare facilities. Additionally, hospitals are increasingly relying on technology-driven frameworks to modernize their medical facilities and satisfy the rising demands of patients as well as employees. During the anticipated period, this trend is anticipated to further support the market's growth.
The factors propelling the growth of the market in North America region are expanding government initiatives for eHealth, ensuing advancements in the healthcare infrastructure, rising medical tourism, and rising demand for high-quality healthcare in emerging nations. According to the Centers for Disease Control and Prevention (CDC), national health spending increased to 3,453 billion in 2019. Growing efforts to improve healthcare quality, the implementation of benevolent government policies, and plans to digitally transform the nation in every sector using IT infrastructure are all contributing to the growth of this regional market. As a result of the aforementioned elements, the market in the North America region is anticipated to experience rapid growth in the coming years.
The US market dominated the North America Clinical Workflow Solutions Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,739.1 million by 2030. The Canada market is exhibiting a CAGR of 14.1% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 13.1% during (2023 - 2030).
Based on Solutions Type, the market is segmented into Data Integration Solutions (EMR Integration Solutions and Medical Image Integration Solutions), Real-time Communication Solutions (Nurse Call Alert Systems and Unified Communication Solutions), Care Collaboration Solutions (Medication Administration Solutions, Perinatal Care Management Solutions, Rounding Solutions and Others), Workflow Automation Solutions (Patient Flow Management Solutions and Nursing & Staff Scheduling Solutions) and Enterprise Reporting & Analytics Solutions. Based on End-Use, the market is segmented into Hospitals, Long-term Care Facilities and Ambulatory Care Centers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Clinical Workflow Solutions Market is Projected to reach USD 23.8 Billion by 2030, at a CAGR of 12.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Veradigm, Inc., Cerner Corporation, NEXTGEN HEALTHCARE, INC., McKesson Corporation, Koninklijke Philips N.V., Cisco Systems, Inc., Getinge AB, Vocera Communications, Inc. (Stryker Corporation), Spok, Inc. (Spok Holdings, Inc.) and Ametek, Inc.
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