Patient Throughput and Capacity Management Market
Patient Throughput and Capacity Management Market By Solution Type (Standalone and Integrated), By Delivery Mode (On-premise and Cloud-based), By Region - Global Market Report (2024 to 2034)
Analysis of Patient Throughput and Capacity Management Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Patient Throughput and Capacity Management Market Outlook
The patient throughput and capacity management market is expected to reach US$ 1,312.1 million in 2024. At a CAGR of 4.9%, the market is projected to attain a valuation of US$ 2,115.6 million by 2034. Globally, the number of patients has greatly expanded due to rising rates of illness, injuries, and accidents. Around 20 to 50 million individuals are wounded or rendered incapacitated in traffic accidents each year, according to the Association for Safe International Road Travel (ASRHT).
The World Health Organization (WHO) reports that chronic illnesses are the main cause of mortality worldwide. Despite these figures, there remains a discrepancy between supply and demand since hospital beds and medical personnel are not growing at the same rates. Solutions for capacity management and patient throughput can successfully manage it. As a result, rising patient numbers globally are anticipated to support the global patient throughput and capacity management market through 2034.
| Report Attributes | Details |
|---|---|
| Estimated Market Value (2024E) | US$ 1,312.1 million |
| Forecasted Market Value (2034F) | US$ 2,115.6 million |
| Global Market Growth Rate (2024 to 2034) | 4.9% |
| Integrated Solutions Segment Growth Rate (2024 to 2034) | 5.6% |
| On-premise Delivery Mode Segment Growth Rate (2024 to 2034) | 5.3% |
| North America Market Share (2024) | 25.8% |
| East Asia Market Share (2024) | 30.7% |
| Key Companies Profiled |
|
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Factors Spurring Market Expansion of the Patient Throughput and Capacity Management
One of the main factors propelling global patient throughput and capacity management market share is the increasing demand for efficient healthcare services. This is prompting healthcare providers to optimize their patient flow and overall capacity management. Incorporating cutting-edge technologies like predictive analytics and real-time location systems is another key factor driving market expansion. This enables medical institutions to improve overall operational efficiency, anticipate patient requirements, and expedite procedures.
For hospitals and other healthcare service providers, managing the resources that are already available is crucial. Patient throughput and capacity management solutions are becoming more and more necessary as a result of an increase in inpatients and a lack of resources. Optimizing resource use is essential for hospitals to enhance patient care and increase income. It improves hospital productivity and income in these circumstances.
Patient throughput and capacity management adoption are also positively impacted by the growing emphasis on patient-centered care. Healthcare companies are placing more emphasis on providing a smooth and satisfying patient experience. Therefore, workflow optimization is being prioritized to cut down on wait times, maximize resource use, and eventually raise patient satisfaction.
Regulatory requirements and the shift toward value-based care models additionally impact positive market growth. To satisfy regulatory requirements, improve the quality of service, and get better results, healthcare facilities must use robust patient throughput and capacity management systems.
In the end, the complexity of the global healthcare environment and the growing demand for healthcare make sophisticated solutions necessary for efficient patient flow management. This, in turn, encourages the adoption of technologies that help healthcare professionals overcome obstacles, efficiently manage capacity, and provide the best possible patient care.
Obstructions in the Patient Throughput and Capacity Management Industry
The patient flow is nevertheless unpredictable and scenario-driven, even with the ability to maximize bed occupancy through patient throughput and capacity management. There's a chance that the demand projection could turn out differently from the actual situation, which implies that fewer people might require beds and medical services. In the near future, this is therefore anticipated to limit the expansion of the global market.
Although there is a paucity of knowledge about the advantages of patient throughput and capacity management services in developing countries, these services are rather common in developed countries. The second significant problem impeding the widespread adoption of these services is their high beginning expenses. As a result, concerns about excessive expenses and a lack of knowledge are anticipated to impede market expansion over the projection period. The evolving regulatory landscape is also a challenge, hindering market growth for patient throughput and capacity management. Healthcare regulations are subject to change, and staying compliant with these evolving standards requires continuous adaptation and investment in technology and processes.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Country-wise Analysis
The patient throughput and capacity management market in North America is projected to grow at a CAGR of 5.1% through 2034. The fundamental cause of the surge is the ever-growing patient pool in important countries, particularly the United States and Canada, as a result of rising rates of accidents, illnesses, and trauma cases in North America. The United States is set to top the industry with an estimated share of 75.3% in 2034.
The patient throughput and capacity management market in East Asia is likely to advance at a 5.9% CAGR through 2034. China has emerged as the dominant force, and it is expected to retain its position with a 48.6% share of the market in East Asia by 2034.
How Lucrative is the North America Patient Throughput and Capacity Management Market?
“Growing Hospital Infrastructure and Presence of Multiple Large Hospitals Irradiate a Favorable Future for Patient Throughput and Capacity Management”
Patient throughput and capacity management systems in the United States allow for more efficient and timely patient treatment, which shortens hospital stays for patients. This system monitors clinical data about patients and designates the closest physician, nurse, or other caregiver, enabling the quickest possible patient release from the hospital. Therefore, shorter hospital stays are anticipated to drive the product demand in the country during the projected period.
The patient throughput and capacity management market is anticipated to be driven by United States healthcare companies' growing use of clinical workflow automation. For instance, clinical (CWA) software has been utilized on a growing basis by healthcare organizations across the United States to improve patient outcomes, reduce costs, and increase efficiency. This is precisely the case in complicated medical situations, according to a survey carried out by OmniLife Health, a healthcare company, and multinational hospital Becker's Healthcare, which released its results on March 1, 2023. The United States is expected to account for 78.2% of the market share in 2024.
| Attribute | Details |
|---|---|
| United States Market CAGR (2024 to 2034) | 4.7% |
| United States Market Size (2024) | US$ 264.7 million |
| Canada Market CAGR (2024 to 2034) | 5.7% |
| Canada Market Size (2024) | US$ 51.8 million |
Canada's market advancement is being aided by rising government expenditure on healthcare facilities, rising disposable income among the populace, and a sharp increase in the use of high-tech products. Prominent corporations that are at the forefront of product innovation, market trends, and technical developments also have an impact on the market.
How Does the East Asia Market Bourge Impact Patient Throughput and Capacity Management?
“The Emergence of Advanced Technologies in Hospital Capacity Management Systems Promotes East Asia Market Growth”
Every second, a hospital bed is required for each patient in countries with a high population, like China. China's patient throughput and capacity management market is expanding rapidly due to the country's large population and even larger patient pool. Therefore, in this kind of circumstance, there is a demand for patients to remain at the hospital for a shorter time to shorten the wait time in the emergency room. All these factors are on track to drive the market in China, which is expected to account for 50.3% of the market share in 2024.
| Attribute | Details |
|---|---|
| China Market CAGR (2024 to 2034) | 5.5% |
| China Market Size (2024) | US$ 202.6 million |
| Japan Market CAGR (2024 to 2034) | 6.0% |
| Japan Market Size (2024) | US$ 120.0 million |
Japan, which is gradually automating the healthcare system, is projected to expand its ideal environment for digital health initiatives in 2024. Hospital capacity management systems are growing in Japan due to digital health. The segmentation choices and user-friendly interface support hospital capacity management solution sales.
Precision and dependability are highly valued in Japan’s technological scene, and businesses in the industry are matching their products to these standards. In 2024, the Japan patient throughput and capacity management market will grab 29.8% of the market share.
Category-wise Outlook
Based on solution type, the standalone solutions segment is estimated to hold a 63.4% market share by 2034. Simultaneously, the integrated solutions segment is anticipated to secure a noteworthy 36.6% share by 2034, contributing significantly to the market's resource variety and permanence. Based on delivery mode, the cloud-based segment is set to mark its dominance with a share of 74.1% by 2034.
What Characterizes the Patient Throughput and Capacity Management Market's Standalone Solutions Segment?
“The Adaptability of Standalone Solutions Positions It as the Prime Category”
| Standalone Solutions | Details |
|---|---|
| Market Size (2024) | US$ 827.9 million |
| Market Share (2024) | 63.1% |
| Integrated Solutions | Details |
|---|---|
| Market Size (2024) | US$ 484.2 million |
| Market Share (2024) | 36.9% |
Standalone capacity management solutions are poised to dominate the patient throughput and capacity management market throughout the forecast period. This dominance stems from their unique capability to seamlessly switch between corporate identities, providing hospitals with efficient oversight over operations across multiple locations. The versatility and operational control offered by these systems position them as key players in enhancing hospital capacity management efficiency.
By 2034, standalone solutions are projected to account for 63.4% of the solution category. The integrated solutions segment is likely to follow that, securing a 36.6% market share by 2034.
What Makes Cloud-based Option the Leading Delivery Mode in Patient Throughput and Capacity Management?
“The Increased Emphasis on Workflow Automation Makes Cloud-based Delivery Mode the Leader in Patient Throughput and Capacity Management”
| Cloud-based Delivery Mode | Details |
|---|---|
| Market Size (2024) | US$ 974.9 million |
| Market Share (2024) | 74.3% |
| On-premise Delivery Mode | Details |
|---|---|
| Market Size (2024) | US$ 337.2 million |
| Market Share (2024) | 25.7% |
Cloud-based solutions are helpful for the maintenance of electronic medical records (EMR), including digital outputs from MRI scanners and bedside monitors. The expanding need for point-of-care access to medical information primarily drives the anticipated surge in demand for cloud-based solutions. The rising trend of digitalizing medical records contributes to the growing demand for such solutions. Healthcare companies are using new technologies in response to technological improvements to improve their administrative and operational procedures.
By 2034, the delivery mode category's cloud-based segment is expected to capture 74.1% of the patient throughput and capacity management market. With a projected market share of 25.9% by 2034, the on-premise segment is next.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Analysis
Market players are using creative strategies to fight for supremacy in the ever-changing field of patient throughput and capacity management. Many place a high priority on real-time data analytics to improve hospital productivity. Others use AI-powered solutions to maximize resource allocation and expedite patient flow. One noteworthy strategy is interoperability, which promotes accessible communication across different healthcare systems. A further area of strategic concentration is patient-centric approaches, which prioritize individualized treatment and care. The need for scalable systems that can accommodate facilities of various sizes is the final point. There is intense competition among the patient throughput and capacity management industry players, all striving to transform healthcare delivery by employing their strategic plans.
Recent Developments
- In April 2023, Siemens Healthineers, a top medical equipment provider, and LeanTaaS, an industry leader in AI-powered and SaaS-based capacity management, staffing, and patient flow software for health facilities, established a new strategic partnership. According to the terms of the agreement, this partnership is going to promote the achievement of goals, including better accessibility for patients, staff, and physician satisfaction and revenue growth for big hospitals and health systems inside the Siemens Healthineers network.
- In September 2023, SAS, an artificial intelligence and analytics firm, unveiled a new revolutionary healthcare platform designed to expedite patient insights, enhance data governance, and simplify health data and administration. Healthcare providers, insurers, and public health organizations are going to have the agility and speed required to lead medical developments that can enhance patient outcomes and experience owing to an end-to-end enterprise analytics and data automation solution.
- In December 2023, with a fresh US$ 1 billion valuation, LeanTaaS emerged as the first HealthTech unicorn of 2023, and it now has over 1,000 hospitals and centers as clients. Healthcare companies across 49 states and in various healthcare settings, including university medical institutions, integrated delivery networks, and single-mission cancer centers, depend on the LeanTaaS iQueue platform. This platform powers their 19,500 inpatient beds, 13,750 infusion chairs, and 5,300 operating rooms.
Segmentation of Patient Throughput and Capacity Management Market Research
-
By Solution Type:
- Standalone Solutions
- Integrated Solutions
-
By Delivery Mode:
- On-Premise
- Cloud-based
-
By Region:
- North America
- East Asia
- East Asia
- South Asia and Pacific
- Western Europe
- Eastern Europe
- The Middle East and Africa
- FAQs -
What Was the Value of the Patient Throughput and Capacity Management Market in 2019?
The global patient throughput and capacity management market was worth US$ 956.6 million in 2019.
What is the Sales Outlook for Patient Throughput and Capacity Management In 2024?
The sales of patient throughput and capacity management are likely to be valued at US$ 1,312.1 million in 2024.
What is the Demand Forecast for Patient Throughput and Capacity Management?
Demand for patient throughput and capacity management is projected to reach a market value of US$ 2,115.6 million by the end of 2034.
What is the Adoption Growth Projection for Patient Throughput and Capacity Management?
The adoption of patient throughput and capacity management is anticipated to rise at a CAGR of 4.9% through 2034.
At What CAGR is the Patient Throughput and Capacity Management Market in North America Predicted to Evolve?
The North America patient throughput and capacity management market is forecasted to expand at a CAGR of 5.1% through 2034.
At What CAGR is the Patient Throughput and Capacity Management Market in East Asia Predicted to Grow?
The East Asia patient throughput and capacity management market is estimated to expand at a CAGR of 5.9% through 2034.
Patient Throughput and Capacity Management Market