Market Challenges And Opportunities

Global Healthcare Education Solution Market Drivers

New launches are expected to drive the global healthcare education solution market growth. For instance, in February 2019, Fujitsu Healthcare Solution announced new launch of its Healthcare Personal Service Platform for the aggregation and integration of individual’s personal health record. The company developed this new service to enable highly safe, secure storage of health and medical information.

Furthermore, in March 2018, Royal Phillips launched its new Artificial Intelligence (AI) platform, HealthSuite Insights for healthcare. It has high potential to improve patient outcomes and care efficiency. This platform focuses on the application of AI-based clinical decision support tools, which is used for the integration, interpretation, and analysis of patient information.

Moreover, increasing collaboration is expected to drive the global healthcare education solution market growth. For instance, in November 2017, Times Professional Learnings (Division of Bennett Coleman Co. Ltd.) announced its collaboration with Columbia University’s Department of Health Policy & Management. Under this collaboration, they launched Healthcare Management Program for senior doctors and executives to build managerial and leadership skills among healthcare professionals.

Global Healthcare Education Solution Market Restraints

Shortage of staff is a major challenge that is expected to hamper the global healthcare education solution market growth. For instance, in April 2019, according to Economics Times information, India is facing shortage of 600,000 doctors and 2 million nurses.

Furthermore, increasing errors in medical services is expected to hinder the global healthcare education solution market growth. For instance, in May 2016, according to ScienceDaily report, medical errors is the third leading cause of patient’s death in the U.S. Around 250,000 deaths happen annually in U.S, due to medical errors. Medical errors occur due to lack of qualified and trained staff, thereby expected to obstruct the global healthcare education solution market growth.