Advancement in technologies with an upsurge in the number of hospitals and beds globally in the healthcare sector is driving the demand for the High Acuity Information Systems market in the forecast period, 2024-2028.
According to the TechSci Research report, “High Acuity Information Systems Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”, the market is projected to increase at an impressive rate in the forecast period, 2024-2028. The rise in the number of elderly people is expected to lead the growth of high-acuity information systems market during the projected period. The key factors driving this industry are technological developments, with a rise in hospitals and beds globally, complicated outpatient requiring expert administration, and attentive monitoring. The ability of the information system to precisely store a large volume of data has boosted its sustainability in the competitive market.
Factors like increasing demand for efficiency by reducing error and high standards of care are also anticipated to boost the market. Furthermore, mobility, decision support system, and the introduction of data analytics are the factors expected to obstruct the Global High Acuity Information Systems market growth.
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The Global High Acuity Information Systems market is bifurcated into type, and end-use.
Based on type, the market is divided into Intensive Care Units (ICU), Emergency Departments (ED), Operating Rooms (OR), Surgical Information Systems (SIS), Perinatal Information Systems (PIS), and Critical Care Information Systems (CCIS). The Operating Room segment is expected to dominate the growth of high-acuity information system market. As multiparameter monitors are used for displaying and recording vital signs such as cerebrospinal fluid pressure, cardiac output, invasive pressures, intracranial pressure, ECG, and others in operating room. Further, the Intensive Care Units (ICU) segment is expected to support the growth of the market during the forecast period.
Based on end-use, the market is categorized into ambulatory surgical centers, hospitals, nursing care, and others. The hospital segment leads the growth of the high-acuity information system market, owing to the factors such as the high rate of patient admission in hospitals, advanced healthcare infrastructures, and the rise in the number of facilities.
Major companies operating in the global High Acuity Information Systems market are:
- Cerner Corporation
- McKesson Corporation
- Picis Clinical Solutions, Inc.
- iSOFT Group Limited
- AllScripts Healthcare Solutions, Inc.
- CompuGroup Medical SE & Co. KGaA
- Optum, Inc.
- Siemens Healthineers AG
- Epic Systems Corporation
- Drägerwerk AG
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Recent Development
The regional segment of a high-acuity information system includes North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America is expected to lead the growth of the high-acuity information system market. The expansion of the market for healthcare information systems has been significantly supported by government initiatives in North America to reduce paperwork and improve the use of digital technologies for patient data preservation. The market for healthcare information systems in North America is primarily driven by the region's expanding investment in the development of smart hospitals and increased usage of digital technologies” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
However, it is estimated that the Asia Pacific region is expected to provide the largest opportunities during the projected period. The increased investments made by the public and private sectors in the growth of the healthcare industry in nations like China, Japan, India, and South Korea are significantly boosting the market for healthcare information systems in the Asia Pacific region.
“High Acuity Information Systems Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Type (Intensive Care Units (ICU), Emergency Departments (ED), Operating Rooms (OR), surgical information systems (SIS), perinatal information systems (PIS), critical care information systems (CCIS)), By End-use (Ambulatory Surgical Centers, Hospitals, Nursing Care, Others), By Region and Competition, has evaluated the future growth potential of global High Acuity Information Systems market and provides statistics & information on market size, structure, and future market growth. the report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global High Acuity Information Systems market.”
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