Patient Flow Management Solutions Market by Component & Type - 2019

The Report “Patient Flow Management Solutions Market by Type (RTLS, Event Driven), Product (Integrated, Standalone), Component (Hardware, Software, Services) & Delivery Mode (Web-based, On-premise, Cloud-based) - Trends & Global Forecasts to 2019” analyzes and studies the major market drivers, threats, opportunities, and challenges in North America, Europe, Asia, and Rest of the World (RoW).

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Patient flow management solutions are increasingly being adopted by healthcare providers across the globe and particularly in the U.S. This report studies the global market over the forecast period of 2014 to 2019. This market is estimated to grow at a CAGR of 22% to reach $678.4 million by 2019 from $251 million in 2014.

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The patient flow management solutions market is divided into Real Time Locating System (RTLS) and event driven solutions on the basis of product type. The event driven solutions market accounted for the largest share of 92.5% of the global market. This market was valued at $232.2 million in 2014 and is expected to grow at a healthy CAGR of 21.1% from 2014 to 2019, to reach $603.8 million by 2019. However, the RTLS segment is expected to have the highest CAGR of 31.7% from 2014 to 2019. Based on products, the market is divided into integrated and standalone solutions. Standalone solutions commanded three-fourth of the market in 2014 and will continue to remain the dominant market through 2019. Integrated solutions are expected to grow at a faster pace with a CAGR of 29.7% during the forecast period.  Based on geography, the market is divided into North America, Europe, Asia, and Rest of the World (RoW: Pacific countries, Africa, and Latin America)

The global market is a fragmented market with some major players such as Allscripts Healthcare Solutions, Inc. (U.S.), Awarepoint Corporation (U.S.), Care Logistics, LLC (U.S.), Central Logic, Inc. (U.S.), Cerner Corporation (U.S.), Intelligent InSites, Inc. (U.S.), McKesson Corporation (U.S.), Medworxx Solutions, Inc. (Canada), STANLEY Healthcare (U.S.), Sonitor Technologies, Inc. (U.S.), TeleTracking Technologies, Inc. (U.S.), and Epic Systems Corporation (U.S.), among others.