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 hospital capacity management solutions market report forecasts the hospital capacity management solutions market size to grow to $6.22 Billion by 2027, with a CAGR (compound annual growth rate) of more than 16%.

Learn More On The Hospital Capacity Management Solutions Market Report 2023 – https://www.thebusinessresearchcompany.com/report/hospital-capacity-management-solutions-global-market-report

Hospital Capacity Management Solutions Market Size Forecast
The global hospital capacity management solutions market is expected to grow from $2.96 billion in 2022 to $3.43 billion in 2023 at a compound annual growth rate (CAGR) of 16.0%. 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 hospital capacity management solutions market is expected to grow to $6.22 billion in 2027 at a CAGR of 16.1%.

North America held the largest hospital capacity management solutions market share.

Key Hospital Capacity Management Solutions Market Driver ­– Growth In Government Initiatives To Enhance Patient Satisfaction And Improve The Quality Of Care

For instance, in November 2021, the Government of India, the Government of Meghalaya, and the World Bank signed a US$ 40 million health project for the state of Meghalaya to improve the state’s health services and increase the state’s ability to respond to future health emergencies, such as the COVID-19 pandemic, and the Government of India has also established 638 e-Hospitals throughout India to enhance healthcare infrastructure. Therefore, such initiatives will lead to growth in the hospital capacity management solutions market.

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Key Hospital Capacity Management Solutions Market Trend – Technological Advancement
Many companies operating in the hospital capacity management solutions sector are investing in real-time data to use it to its full potential. Such advancements enable key players to gain a competitive edge in the market. For instance, in October 2021, GE Healthcare, a US-based company that specializes in diagnostics, therapeutics, and monitoring through intelligent devices, partnered with Apprise Health Insights to launch an innovative application that actively handles hospital data and provides almost real-time occupancy statistics. This application allows hospitals to make the most of their resources and provides decision-makers with valuable data so that statewide capacity may be improved and hospitals can cooperatively manage resource limitations. Apprise Health Insights is an Oregon-based, trustworthy, and comprehensive source of hospital data.

Hospital Capacity Management Solutions Market Segment
1) By Product: Asset Management, Patient Flow Management Solutions, Workforce Management, and Quality Patient Care
2) By Component: Software, Services
3) Mode Of Delivery: On-Premise, Cloud-based
4) By Application: Standalone Solutions, Integrated Solutions
5) End-User: Hospitals, Ambulatory Surgical Centers

Hospital Capacity Management Solutions Market Major Players and Strategies
Major players in the hospital capacity management solutions market are GE Healthcare, Infosys Limited, TeleTracking Technologies Inc., McKesson Corporation, Alcidion Corp., Koninklijke Philips N.V., Epic Systems Corporation, Nextgen Healthcare, Stanley Healthcare, Care Logistic Inc., INFINITT Healthcare Co. Ltd., WellSky Corporation, Simul8 Corporation, Change Healthcare, and HealthStream Inc.

In April 2021, Alcidion Corporation, an Australia-based software solutions provider for high-performance healthcare acquired ExtraMed Ltd for an undisclosed amount. This acquisition will elevate Alcidion to the top spot in the UK patient flow market and offer opportunities to cross-sell the full Alcidion product line. ExtraMed Ltd. is a UK-based company specializing in patient flow management.

The Hospital Capacity Management Solutions Global Market Report 2023 covers regional data on hospital capacity management solutions market size, hospital capacity management solutions market trends and drivers, opportunities, strategies, and hospital capacity management solutions market competitor analysis. The countries covered in the hospital capacity management 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.

The hospital capacity management solutions optimize the hospital’s bed availability to provide sufficient capacity for effective, error-free patient assessment and treatment. This also provides real-time hospital capacity planning and asset tracking, consequently increasing efficiency and reducing hospital expenses.

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