Pune, India, April 09, 2019 -- /360iResearch/ -- The report "Global Clinical Workflow Solution Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 6.29 billion in 2017 and is projected to reach USD 15.63 billion by 2024, growing at a CAGR of 13.89% from 2017 to 2024.
The major forces driving the growth of the clinical workflow solution market include the enhanced patient care and safety due to process integration and real-time documentation and integrated workflow management to physicians. Moreover, government initiatives for hcit adoption effective management of increasing patient volume due to the rising prevalence of chronic diseases and reduction in medical and financial errors are also some of the factors that are driving the market growth. However limited expertise in clinical informatics, and reluctance due to use of conventional practices may hinder the market growth. In the middle of difficulty lies opportunity such as the integrated workflow intelligence, and rising adoption due to the low doctor-to-patient ratio. The possible challenges for the market growth are high initial investments in it infrastructure, and interoperability and data security issues. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on type, the global clinical workflow solution market is studied across Care Collaboration Solutions, Data Integration Solutions, Enterprise Reporting & Analytics Solutions, Other Care Collaboration Solutions, Real-Time Communication Solutions, and Workflow Automation Solutions. Based on end user, the global clinical workflow solution market is studied across Ambulatory Care Centers, Home care settings, and Hospitals. Based on geography, the global clinical workflow solution market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the clinical workflow solution market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Allscripts Healthcare Solutions, Inc., American Well, Ascom Holding AG, Cerner Corporation, Cisco Systems, Inc., GE Healthcare, Hill-Rom Holdings, Inc., Infor, Inc., Koninklijke Philips N.V., Mckesson Corporation, Novarad, Physician's Computer Company, Stanley Black & Decker, Inc., and Voalte.
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