Clinical Pathway Information System Market By Type (Group Order Type, Embodied Variant Type, Reconstructed Information Type) , By Mode of Delivery (On-Premises, Cloud-Based, Web-Based) By End User (Hospitals, Ambulatory Care Centers, Specialty Clinics, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033
Clinical Pathway Information System Market
The clinical pathway information system market was valued at $0.8 billion in 2023 and is projected to reach $1.7 billion by 2033, growing at a CAGR of 7.8% from 2024 to 2033.
A clinical pathway information system is specialized software designed for healthcare settings to manage and optimize their operations. This system reduces variations in clinical practice and promotes the standardization of multidisciplinary activities. The clinical pathway information system further facilitates the adoption of evidence-based practice in the clinical settings. The major advantage of using such systems includes improved healthcare delivery, swift coordination, data-driven insights, and enhanced efficiency in patient care. The information system efficiently integrates with the electronic healthcare system, enabling quick access to patient data and rapid documentation procedures in the healthcare facilities.
To promote consistency in patient care and ensure standardization of clinical practices in healthcare settings across the globe, there is a significant demand for clinical pathway information systems. In addition, technological advancements facilitate the assimilation of information systems with other healthcare systems, thereby improving the clinical outcomes. This acts as a major driver of the clinical pathway information system market. Moreover, the adoption of information systems is witnessing a surge as they help the healthcare facilities to avoid unnecessary operational costs through improved resource utilization. In the coming future, the convergence of clinical pathway information system and telemedicine is anticipated to be a prominent trend. This convergence is projected to facilitate the transfer of patient data among different healthcare facilities and foster the development of suitable applications that promote remote patient care.
However, the implementation of clinical pathway information system is a highly cost-intensive and intricate process with expenses associated with maintenance & updates and challenges pertaining to assimilation with the existing infrastructure. These factors hamper the growth of the market significantly. Furthermore, complete dependence on technology holds the potential to disrupt the entire workflow at times of system outages and technical issues, deterring several medical facilities from adopting the advanced information systems. On the contrary, upsurge in the utility of electronic health records (EHR) systems among several physicians and doctors is expected to open new avenues for market expansion. According to the statistics published by Statista, a global data and business intelligence platform, approximately 88% of the total doctors were using EHR systems in the U.S. The platform further predicts the figure to rise in the future.
Segment ReviewThe clinical pathway information system market is segmented into type, mode of delivery, end user, and region. On the basis of type, the market is divided into group order type, embodied variant type, and reconstructed information type. As per mode of delivery, it is classified into on-premises, cloud-based, and web-based. Depending on end user, it is categorized into hospitals, ambulatory care centers, specialty clinics, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competition AnalysisThe key players operating in the global clinical pathway information system market include McKesson Corporation, Civica, GE Healthcare, Koninklijke Philips N.V., EPIC Systems Corporation, Optum, Inc., PointClickCare, Cerner Corporation, Philips Healthcare, and Athenahealth. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
Key Market SegmentsBy TypeGroup Order Type
Embodied Variant Type
Reconstructed Information Type
By Mode Of DeliveryOn-Premises
Cloud-Based
Web-Based
By End UserHospitals
Ambulatory Care Centers
Specialty Clinics
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA
Key Market Players
McKesson Corporation
Civica
GE Healthcare
Koninklijke Philips N.V.
EPIC Systems Corporation
Optum, Inc.
PointClickCare
Cerner Corporation
Philips Healthcare
Athenahealth