Point of Care Data Management Systems Market - Size, Share, Trends, and Forecast, 2022 - 2028

Point of Care Data Management Systems Market - Size, Share, Trends, and Forecast, 2022 - 2028

Report Description
Point-of-care (POC) data management system market report includes in depth study about POC data management services and software. It also focuses on the adoption rate of technology in various healthcare settings such as hospital, clinics and diagnostic laboratories. Cloud-based and on-premise systems are the mode of delivery type for these services. Point-of-care (POC) data management system enables clinicians to make decisions easily, as the patient records are well maintained and point-of-care has the potential to significantly influence health care delivery and to address the challenges of health disparities. Point-of-care (POC) data management system helps in providing optimal patient care and it increases effectiveness, improves clinical workflow, satisfies compliance requirements and reduce cost. The demand for POC data management system is expected to increase, as the healthcare agencies are focused on improving patient safety and care. Moreover, rising number of hospitals adopting advanced data management systems to increase operational efficiency and reduce costs is driving growth of the point-of-care management system market. POC data management system helps medical professionals to manage patient’s diagnostic and clinical data easily, which was a tedious task earlier. A typical point-of-care practice involves multiple devices platform from various vendors, is used which by thousands of operators spread over the entire region. These systems are hardware and software based management technologies, which include cloud, web, and premise based mode of delivery.
Market Dynamics
The major factors driving growth of the point of care data management systems market include increasing incidence of various diseases accelerating demand for POC devices, thereby increasing adoption of point of care data management systems to manage daily POCT operations across different medical and home care settings. Moreover, point-of-care technology is significantly contributing to the transformation of healthcare landscape by bringing rapid diagnosis and monitoring tests closer to the patient care and making it more convenient for healthcare providers and patients. The test results obtained by Electronic Health Records (EHR) assists in early diagnosis leading to early onset of treatment. Advancements in data integration, remote sensing in hospitals, and wireless connectivity are also increasing the demand for POC data management system. However, high cost associated with installing on-premise and cloud-based data management systems and software along with increasing concern about patient healthcare data protection and privacy can negatively impact the business growth.
Key features of the study:
This report provides in-depth analysis of point of care data management systems market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global point of care data management systems market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Abbott, Danaher Corporation, F.Hoffman-La Roche Ltd., Orchard Software Corporation, Siemens Healthcare GmbH, Telecor, Inc., Thermo Fisher Scientific, Inc., Randox Laboratories Ltd., Hedera Biomedics Srl and Seaward Electronic Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global point of care data management systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the point of care data management systems market
Detailed Segmentation:
Global Point of Care Data Management Systems Market, By Component:
Services
Software
Global Point of Care Data Management Systems Market, By Mode of Delivery:
Cloud Based
On-premise
Global Point of Care Data Management Systems Market, By End User:
Hospital
Clinics
Diagnostics Laboratories
Global Point of Care Data Management Systems Market, By Geography:
North America
By Component:
Services
Software
By Mode of Delivery:
Cloud Based
On-premise
By End User:
Hospital
Clinics
Diagnostics Laboratories
By Country:
U.S.
Canada
Latin America
By Component:
Services
Software
By Mode of Delivery:
Cloud Based
On-premise
By End User:
Hospital
Clinics
Diagnostics Laboratories
By Country:
Brazil
Mexico
Rest of Latin America
Europe
By Component:
Services
Software
By Mode of Delivery:
Cloud Based
On-premise
By End User:
Hospital
Clinics
Diagnostics Laboratories
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Component:
Services
Software
By Mode of Delivery:
Cloud Based
On-premise
By End User:
Hospital
Clinics
Diagnostics Laboratories
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Component:
Services
Software
By Mode of Delivery:
Cloud Based
On-premise
By End User:
Hospital
Clinics
Diagnostics Laboratories
By Country:
GCC
Israel
Rest of Middle East
Africa
By Component:
Transmitters and Receivers
Insulin Pumps
Sensors
By Country:
South Africa
Central Africa
North Africa
Company Profiles
Abbott *
Company Overview
Product Portfolio
Key Highlights
Financial Overview
Market Strategy
Danaher Corporation
F.Hoffman-La Roche Ltd.
Orchard Software Corporation
Siemens Healthcare GmbH
Telecor, Inc.
Thermo Fisher Scientific, Inc.
Randox Laboratories Ltd.
Hedera Biomedics Srl
Seaward Electronic Ltd.
“*” marked represents similar segmentation in other categories in the respective section.