Global Clinical Workflow Solutions Market
Healthcare Services

Clinical Workflow Solutions Market Size, Share, And Growth Rate Analysis 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s clinical workflow solutions market report forecasts the clinical workflow solutions market size to grow to $15.82 Billion by 2027, with a CAGR (compound annual growth rate) of more than 14%.

Learn More On The Clinical Workflow Solutions Market Report 2023 – https://www.thebusinessresearchcompany.com/report/clinical-workflow-solutions-global-market-report

Clinical Workflow Solutions Market Size Forecast
The global clinical workflow solutions market is expected to grow from $8.01 billion in 2022 to $9.24 billion in 2023 at a compound annual growth rate (CAGR) of 15.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The clinical workflow solutions market size is expected to grow to $15.82 billion in 2027 at a CAGR of 14.4%.

North America held the largest clinical workflow solutions market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Clinical Workflow Solutions Market Driver ­– Rise In The Prevalence Of Diseases
For instance, in 2020, according to the World Health Organization, a Switzerland-based government agency, chronic disease prevalence is expected to rise by 57%. Further, in 2021, according to the International Diabetes Federation, a Belgium-based organization, approximately 537 million adults (20–79 years) were living with diabetes, and the total number of people living with diabetes has been projected to rise to 643 million by 2030 and 783 million by 2045. Therefore, the rising prevalence of diseases is driving the clinical workflow solutions market.

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Key Clinical Workflow Solutions Market Trend – Technological Advancement
Major companies operating in the market are engaging in technological advancements such as the use of conversational AI in clinical workflow automation along with machine learning to sustain their position in the market. For instance, in May 2022, Mindray, a Chinese medical instrument manufacturer, launched the M-connect IT solution in a hospital in Haryana, India. The new offering is helpful in optimizing clinical workflow and ensuring patient safety. It also features M-Connect IT platform, which helps to digitally connect ICU patients with their doctors.

Clinical Workflow Solutions Market Segment
1) By Type: Real-Time Communication Solutions, Data Integration Solutions, Workflow Automation Solutions, Enterprise Reporting and Analytics Solutions, Care Collaboration Solutions
2) By Application: Diagnostic Applications, Research Applications, Therapeutic Applications
3) By End-User: Ambulatory Care Centers, Long-Term Care Facilities, Hospitals

Clinical Workflow Solutions Market Major Players and Strategies
Major players in the clinical workflow solutions market are Allscripts Healthcare Solutions Inc., Ascom Holding AG, Cerner Corporation, Cisco Systems Inc., GE Healthcare, Hill-Rom Holdings Inc., Infor Inc., Koninklijke Philips NV, Mckesson Corporation, Stanley Black and Decker Inc., NXGN Management LLC, Spok Inc., AMETEK Inc., Vocera Communications Inc., and Capsule Technologies Inc.

In February 2022, Bain Capital, a US-based private investment firm, and Hellman & Friedman, a US-based private equity firm, acquired Athenahealth for an amount of $17 billion. With this acquisition, they aim to drive the next phase of their growth journey. Athenahealth is a US-based company that provides clinical workflow solutions.

The Clinical Workflow Solutions Global Market Report 2023 covers regional data on clinical workflow solutions market size, clinical workflow solutions market trends and drivers, opportunities, strategies, and clinical workflow solutions market competitor analysis. The countries covered in the clinical workflow solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Clinical workflow solutions refer to solutions that help with improving information exchange, coordinating care, improving quality of care, and meeting regulatory requirements.

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