Patient Flow Management Market is Expected to Cross US$ 2,126.6 Million with a Highest CAGR of 21.9% Globally by Leading Players McKesson, Care Logistics, Epic Systems, Aptean

According to New study 'Patient flow management market to 2025 - Global Analysis and Forecasts by Product, Type, Component and Delivery Mode. The global patient flow management market is expected to grow from US$ 452.7 Million in the year 2017 and is expected to reach US$ 2,126.6 Million by 2025 growing at a CAGR of 21.9% over the forecast period. The report highlights the trends prevalent in the global patient flow management market and the factors driving the market along with those that act as deterrents to its growth.

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Major Key Players:
McKesson Corporation, Care Logistics, Epic Systems Corporation, Intelligent In Sites, Aptean, Cerner Corporation and More...

Key factors driving the market are rising adoption of patient centric approach by healthcare providers in the region and shortage of nursing and physician staff. However, lack of skilled IT professionals to develop these solutions and risks associated with cyber-threats with the use of these management solutions leading to data breach are anticipated to be the factors restraining the market growth.

Reason to Buy:

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the patient flow management market.

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o The key findings and recommendations highlight crucial progressive industry trends in the global patient flow management market, thereby allowing players across the value chain to develop effective long-term strategies.

o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Global patient flow management market, based on the product was segmented into standalone and integrated systems. In 2017, the standalone segment held a largest market share of 68.4% of the patient simulators, by product. This segment is also expected to dominate the market in 2025. The growth of the market is primarily attributed to the existing large use of standalone systems as these systems are can easily be monitored as well as offers freedom of complete access to all facets.
However, the integrated segment is expected to grow with the fastest growth rate of 22.6% during the forecast period, 2018 to 2025.

The market players are indulged into development and introduction of new products and services in the market to sustain their significance. For instance, in April 2016, Care Logistics announced the availability of the Target LOS Tool. The tool is a web based program that assists hospital admissions staff quickly and easily allocate correct patient DRGs and lengths-of-stay targets, helping ensure appropriate care and reimbursements. The developments performed by the companies are helping the market to grow in the coming years.

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This release was published on openPR.