The global Integrated Patient Care Systems Market Growth Accelerated by Convergence of Technologies


Integrated patient care systems help to enhance care coordination and data sharing across different healthcare settings. These systems integrate various clinical, administrative, and financial data from disparate systems to provide a unified view of patient’s medical history and care. This enables safe, effective, and efficient patient care. The integrated systems also incorporate recent technological advancements like artificial intelligence, cloud computing, data analytics etc. to provide predictive insights, better workflow management and personalized care. The convergence of various healthcare technologies on a single platform streamlines clinical workflows and decision making.

The global Integrated Patient Care Systems Market is estimated to be valued at US$ 33,450 Mn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The growing adoption of telehealth and remote patient monitoring has been a key driver for the adoption of integrated patient care systems. These technologies integrate clinical and care delivery systems to enable virtual consultations and remote care delivery. This has proved highly beneficial during the COVID-19 pandemic. Integrated systems supported large-scale virtual care delivery and two-way communication between patients and physicians across different locations. This convergence of telehealth with integrated care platforms has accelerated their demand as it streamlines care coordination and data exchange between different virtual and physical care settings.

Segment Analysis

The global integrated patient care systems market is dominated by the hospital segment. Hospitals account for the largest share as integrated patient care systems help hospitals achieve better clinical outcomes and financial performance by streamlining workflows, integrating healthcare data across departments, and reducing duplication of medical tests/imaging. This improves patient care quality and experience while lowering costs for hospitals.

Key Takeaways

The global integrated patient care systems market is expected to witness high growth over the forecast period of 2023 to 2030. The market is projected to rise at a CAGR of 6.8% during this period and reach a size of US$ 33,450 Mn by 2023.

Regional analysis
North America currently dominates the global integrated patient care systems market and is expected to continue its dominance through the forecast period. This is owing to the presence of advanced healthcare infrastructure and major players in countries like the US. However, Asia Pacific is expected to showcase the fastest growth during the forecast period driven by increasing healthcare spending, growing medical technology adoption, and rising patient pool in developing countries of the region.

Key players
Key players operating in the integrated patient care systems market include Grifols, S.A., SK Plasma, Fusion Healthcare, Takeda Pharmaceutical Company Limited, LFB, Octapharma AG, CSL Limited, Bio Products Laboratory Ltd., China Biologic Products Holdings, Inc., Kedrion, Shanghai RAAS, ADMA Biologics Inc., Kamada Pharmaceuticals, and Biotest AG. These players are focusing on new product launches, partnerships, and geographical expansions to strengthen their market presence.

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