Dublin, Jan. 18, 2024 (GLOBE NEWSWIRE) -- The "Global Hospital Bed Management Systems Market Size, Share & Industry Trends Analysis Report By Deployment (Cloud & Web Based, and On-premise), By Type (Acute Care Bed, Critical Care Bed, Long-term Care Bed), By Regional Outlook and Forecast, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
Emerging trends in healthcare technology and a growing necessity for efficient patient care management are driving significant growth in the Global Hospital Bed Management Systems (HBMS) Market.
The integration of smart technologies including cloud-based platforms, artificial intelligence (AI), and real-time analytics is reshaping patient bed management processes, propelling the market forward to anticipate reaching a valuation of $3.5 billion by the year 2030, as detailed in the latest industry analysis report.
The acute need for optimization in patient flow and bed allocation due to increasing prevalence of chronic diseases is enhancing the demand for HBMS globally.
The report presents an informed outlook on the market's trajectory, showcasing how cloud and web-based deployments are carving a significant niche in healthcare facility operations, enhancing accessibility and connectivity within the sector's digital infrastructure.
- Technological Advancements: The adoption of advanced technologies in bed management systems is contributing to a compounded annual growth rate (CAGR) of 10.0% for the market.
- Critical Care Bed Management: With a surge in critical cases, the need for critical care beds is accentuating the importance of HBMS in streamlining healthcare services.
- Asia Pacific's Prominence: The Asia Pacific region is showing vigorous growth in the market, capturing a significant share due to its vast population and evolving healthcare needs.
- North American Market Leadership: North America's healthcare system sets the pace with the highest revenue share in the HBMS market, reflecting an advanced healthcare IT infrastructure and heightened adoption of telehealth facilities.
Furthermore, the impact of COVID-19 on healthcare facilities has revealed the critical role of HBMS in ensuring bed availability and responding efficiently to patient care demands. The pandemic has underscored the need for resilient healthcare systems capable of adapting to sudden surges in patient numbers.
Industry Implications and Challenges
The report indicates that while growth prospects are robust, the market faces challenges such as resource constraints and budgetary concerns which could impede the full-scale implementation and effectiveness of HBMS. Despite these challenges, the evident push towards digitization and improved healthcare outcome management keeps the market on a positive trajectory.
Key Market Segments: The comprehensive report offers detailed insights into various market segments such as deployment type, including cloud & web-based and on-premise, and the types of hospital beds, encompassing acute care, critical care, and long-term care beds, among others.
Regional Market Analysis: The analysis provides a geographical breakdown of market dominance and emerging trends, focusing on the North American, European, and Asia Pacific regions, as well as a review of the LAMEA (Latin America, Middle East, and Africa) market.
With the healthcare industry in a continual state of evolution, this report evidences the burgeoning demand for innovative technologies in healthcare and the strategies deployed by market players to cater to this growing sector, promising improved healthcare delivery and management well into the next decade.
Market Segments Covered in the Report:
By Deployment
- Cloud & Web Based
- On-premise
By Type
- Acute Care Bed
- Critical Care Bed
- Long-term Care Bed
- Others
Companies Profiled
- Oracle
- Epic Systems
- GE HealthCare Technologies
- HealthStream
- TeleTracking Technologies
- SAP
- JVS Group
- Advanced Data Systems
- NextGen Healthcare
- McKesson
For more information about this report visit https://www.researchandmarkets.com/r/g705ck
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
