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PATIENT THROUGHPUT & CAPACITY MANAGEMENT MARKET ANALYSIS

Patient Throughput & Capacity Management Market, by Product Type (Workflow Management Solutions, Asset Management Solutions, Bed Management Solutions, Quality Patient Care Solutions, Real Time Locating System (RTLS) and Event Driven Solutions (Online Registration Solution, Attendance Management Tool, Event Driven Patient Tracking and Others)), by Solution Type (Standalone Solution and Integrated Solution), by Delivery Mode (On premise and Cloud based) and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Patient Throughput & Capacity Management MarketSize and Trends

Market Insight- Global Patient Throughput & Capacity Management Market

Market Overview

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The global patient throughput & capacity management market was valued at US$ 956.6 Mn in 2019, and is expected to grow at a CAGR of 5 % during the forecasted period (2019-27).

Market Trends

  1. Reduction in labor costs

Patient throughput & capacity management solutions monitor and automate workflow with greater efficiency, thereby decreasing labor costs, as staff deployment is optimized. This is a major factor expected to drive market growth during the forecast period.

  1. Increased Hospital Revenues

Patient throughput & capacity management solutions enhance asset and resource management and facilitate efficient allocation of healthcare staff, which in turn, increases productivity and reduces time and asset wastage. It also reduces mismanagement. This has resulted in increased adoption of patient throughput & capacity management solutions in the healthcare industry. This trend is expected to continue during the forecast period.

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