Growth Opportunities in US and European Hospital Workflow Digital Platforms and Solutions in Acute Care, Forecast to 2028
Integration of Clinical and Operational Solutions to Improve Patient and Provider Experience
The COVID-19 pandemic exposed cracks in healthcare’s clinical, financial, and operational processes. Efficiency has become a major focus as hospital systems strive to stitch healthcare networks together. From simple technological or software solutions to complex AI-driven predictive algorithms, healthcare institutions aim to improve automation and technological capabilities to cater to changing industry dynamics and boost their bottom line.
Automation and technology adoption has traditionally centered on financial workflows; however, with the growing strain on clinical and administrative resources, the focus is shifting toward enhancing clinical and operational processes. Clinical efficiency solutions are complex and require regulatory approvals and clinical acceptance. Operational efficiency solutions present an exciting opportunity for vendors across the healthcare ecosystem to streamline patient flow and improve the administrative workload of medical staff.
In an acute care environment, efficient clinical and operational workflows and processes are critical to deliver the right care to the right patient at the right time and location. Clinical efficiency stresses building a more patient- and provider-centric environment by capitalizing on virtual care, digital documentation technology, bedside patient engagement devices, and modules to create a connected care experience. Operational workflows touch on 3 core elements of healthcare facilities: patient flow and collaboration, workforce management, and material utilization. These segments prioritize continuity of care, efficient resource utilization (human and assets), and staff experience.
The hospital workflow digital platform solutions industry comprises software and platforms that improve acute care facilities’ clinical and operational efficiency. The analysis encompasses the United States and Europe and shares insights about evolving business models, available opportunities, and the impact of generative AI on improving the end-user experience.
In addition to discussing the main trends impacting the clinical and operational workflows, the analysis includes demographics, technological advances, changing customer and industry requirements post-COVID-19, growth drivers and barriers, and significant growth opportunities across 4 segments: bedside care, patient flow and collaboration, workforce management, and material utilization. The analysis highlights the profiles of leading vendors and/or new entrants contributing to industry expansion.
Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 88
The Impact of the Top 3 Strategic Imperatives on the Hospital Workflow Industry
Growth Opportunities Fuel the Growth Pipeline Engine ne
Growth Opportunity Analysis
Scope of Analysis
Industry Segmentation
Industry Segment Definitions
Efficiency Vital to Reducing Costs and Improving Engagement, Access, and Outcomes
Industry Challenges
Clinical and Operational Challenges Mapped to Patient Flow
Root Cause and Potential Solutions for Key Barriers
Defining the Desirable Digital Healthcare Platform Structure
Application Technology Stack
Hospital Efficiency: A Complex Paradigm
Hospitals' Criteria for Selecting Digital Platforms and Solutions
Vendor Solution Mix
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Segment
Revenue Forecast by Sub-segment
Table Acute Care Workflow Solutions: Revenue Forecast by Sub-segment, US and Europe, 2023-2028
Revenue Forecast by Region
Revenue Forecast Analysis
Growth Opportunity Analysis: Bedside Care
Challenges and Opportunities
Benefits of Technological Intervention
Use Cases-EQUUM Medical
Use Cases-Vizabli Acute Care Engagement Solution
Use Cases-Augmedix
Growth Metrics
Revenue Forecast
Revenue Forecast by Segment
Table Bedside Care: Revenue Forecast by Segment, US and Europe, 2023-2028