Patient Flow Management Solutions Market is expected to reach US$ 3,621.51 Million by 2028

Standalone Segment to Lead Global Patient Flow Management Solutions Market during 2021–2028

According to our new research study on "Patient Flow Management Solutions Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, Type, Component, and Delivery Mode," the market is expected to grow from US$ 886.43 million in 2021 to US$ 3,621.51 million by 2028. It is estimated to grow at a CAGR of 22.3% during 2021–2028. Factors driving the market's growth are the rising adoption of patient-centric approach by healthcare providers, rising numbers of start-ups, and shortage of nursing staff & doctors.

Based on product, the patient flow management solutions market is segmented into integrated and standalone. The standalone segment held a larger market share in 2021 and is anticipated to grow significantly and register the highest CAGR in the market during the forecast period. Standalone platforms allow customized care services according to provider preference. The cost associated with these platforms is less than mainstream integrated systems and helps reduce operational costs via time savings for many tasks in the laboratory. Computer systems, tablets, and mobile devices are used to run the application on service-based charges.

Impact of COVID-19 Pandemic on Patient Flow Management solutions Market

COVID-19 placed a tremendous strain on healthcare systems globally. To decrease the risk of transmitting the virus to either patients or health care workers within their practice, providers postponed elective and preventive visits, such as annual physicals, and converted in-person visits to telemedicine visits whenever possible. Many patients also started avoiding visits because they were not willing to leave their homes and risk exposure. The COVID-19 pandemic required health systems to rethink patient journeys rapidly. New protocols and patient flows needed to be implemented across the health system, both for COVID-19 patients and non-COVID-19 patients, including shifting care to new intermediate facilities, telehealth modalities, and the home. Thus, these factors showed steady growth in the patient flow management solutions market.

McKesson Corporation; Epic Systems Corporation; Cerner Corporation; TeleTracking Technologies Inc; Allscripts Healthcare, LLC; Sonitor Technologies AS; ABOUT Healthcare, Inc.; Care Logistics; Intelligent InSites; and Aptean are among the leading companies operating in the patient flow management solutions market.

Patient Flow Management solutions Market by Region, 2021 (%)

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Patient Flow Management Solutions Market Global Report 2028

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Patient Flow Management Solutions Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Integrated and Standalone), Type (Real-Time Locating Systems and Event-Driven Patient Tracking), Component (Software, Hardware and Services); and Delivery Mode (On-Premise, Web Based and Cloud-Based) and Geography

Based on the product, the patient flow management solutions  market: is segmented into integrated and standalone Based on the type, the market is segmented into real-time locating systems and event-driven patient tracking. Based on the component, the market is segmented into software, hardware and services. Based on delivery mode, the patient flow management solutions market is segmented on premise, cloud based, and web based. By geography, the patient flow management solutions market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, and the Rest of APAC), Middle East & Africa (Saudi Arabia, the UAE, South Africa, and the Rest of MEA), and South and Central America (Brazil, Argentina, and the Rest of SCAM).

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