A Recent Study Says Hospital Capacity Management Solutions Market Will Make a Huge Growth by 2023

The growing demand of better healthcare facilities, and technological advancement in hospital capacity management solutions are the major growth drivers for the global hospital capacity management solutions market. Additionally, the increasing investment by healthcare IT companies, growing demand for integrated healthcare solutions, and increasing number of hospitals are also driving the growth of the global hospital capacity management solutions market.

The capacity management solutions help in increasing the efficiency of workflow and reduce expenses in hospitals. Moreover, these solutions provide support in bed management, asset management, and quality patient care. The bed management solutions track hospital bed utilization rates and manage all process from bed admission to their maintenance. The asset management solutions manage the usage patterns of high-end equipment and their proper utilization.

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The stringent regulation for the installation and implementation of capacity management solutions in hospitals is restraining the growth of the market. Moreover, the high installation and maintenance costs of these systems, and lack of skilled healthcare professionals is also hindering the growth of the global market, especially in the developing countries, such as India and China.

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Hospital Capacity Management Solutions Market Segmentation

By Solutions
• Quality Patient Care Solutions
• Bed Management Solutions
• Asset Management Solutions
o Radiology Utilization Management Solutions
o Laboratory Equipment Management Solutions
• Workflow Management Solutions
• Patient Flow Management Solutions

By Geography
• North America
o S.
o Canada
• Europe
o Germany
o France
o K.
o Spain
o Italy
• Asia
o Japan
o China
o India
• Latin America
o Brazil
• Rest of the World

North America and Europe are the major markets for the hospital capacity management solutions, due to increasing prevalence of chronic diseases, and improved healthcare infrastructure in these regions. Additionally, the technological advancement in hospital capacity management solutions and increased awareness about potential applications of these solutions is also playing a pivotal role in growth of the market within these regions.

The Asian market is growing with a significant rate, owing to increasing number of hospitals, and increasing healthcare spending in the region. In addition, the initiatives taken by various government associations for the implementation of healthcare IT in hospitals are also supporting the growth of the Asian hospital capacity management solutions market. The countries, such as India, Japan and China, are the major markets in the region.

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Some of the major players operating in the global hospital capacity management solutions market include Infosys Limited, TeleTracking Technologies Inc., NextGen Healthcare Information Systems LLC, GE Healthcare, McKesson Corporation, Cerner Corporation, STERIS Corporation, Alcidion Corporation, and Central Logic.