The global high acuity information solutions market size reached US$ 10.51 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 16.10 Billion by 2028, exhibiting a growth rate (CAGR) of 7.07% during 2023-2028. The rising admissions of patients in high acuity units (HAUs), significant growth in the healthcare industry, and integration of the Internet of Things (IoT) and artificial intelligence (AI) represent some of the key factors driving the market.
High-acuity information solutions refer to systems that provide comprehensive knowledge essential for the advanced care of patients with critical medical conditions. These systems are computer-based platforms comprised of hardware and software applications. It includes surgical information systems (SIS), bedside monitors, fetal and maternal monitors, critical care information systems (CCIS), and vital signs monitor. They are widely used in various high acuity units (HAUs), such as operating rooms (OR), emergency departments (EDs), and intensive care units (ICUs). High-acuity information solutions are designed to compile complex patient data into well-organized and actionable information for streamlining various day-to-day activities, such as managing checklists, documentation, and resource planning. They enhance patient traceability, improve care standardization, increase operational performance, and minimize errors.
High-acuity information solutions refer to systems that provide comprehensive knowledge essential for the advanced care of patients with critical medical conditions. These systems are computer-based platforms comprised of hardware and software applications. It includes surgical information systems (SIS), bedside monitors, fetal and maternal monitors, critical care information systems (CCIS), and vital signs monitor. They are widely used in various high acuity units (HAUs), such as operating rooms (OR), emergency departments (EDs), and intensive care units (ICUs). High-acuity information solutions are designed to compile complex patient data into well-organized and actionable information for streamlining various day-to-day activities, such as managing checklists, documentation, and resource planning. They enhance patient traceability, improve care standardization, increase operational performance, and minimize errors.
High Acuity Information Solutions Market Trends:
The rising admissions of patients in high acuity units (HAUs) is one of the primary factors driving the market growth. High-acuity information solutions are widely used to collect, store, manage, and analyze data of critically ill patients, which aids in better clinical outcomes, reduces the risks of complications, decreases costs, enhances operational efficiency, and improves the understanding of patients' well-being. In addition to this, the increasing prevalence of acute and chronic illnesses, such as cancer, Alzheimer's disease, neurological disorders, and cardiovascular diseases (CVDs) that require utmost care and continuous monitoring is acting as another growth-inducing factor. Furthermore, the growing demand for high acuity information solutions to enhance workflow management, eliminate inefficiencies, manage resource limitations, and reduce the number of deaths due to medical errors is favoring the market growth. In line with this, the implementation of various government initiatives to promote the incorporation of information technology (IT) in healthcare facilities to reduce paperwork and preserve patient data is propelling the market growth. Additionally, the integration of the Internet of Things (IoT) and artificial intelligence (AI) technologies to enable intelligent patient tracking and provide automatic notification, scheduling, and documentation of data is positively influencing the market growth. Moreover, the rising geriatric population that is susceptible to higher acuity due to extreme sensitivity to small health changes is providing an impetus to the market growth. Other factors, including significant growth in the healthcare industry, increasing investment in the research and development (R&D) of novel solutions, and the emergence of advanced healthcare facilities, are anticipated to drive the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global high acuity information solutions market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product, application, and end user.Product Insights:
- Clinical Information System
- Intensive Care Unit Information System (ICUIS)
- Anesthesia Information Management Systems (AIMS)
- Emergency Department Information System (EDIS)
- Perinatal Information System
- High-Acuity Patient Monitoring
- Vital Signs Monitor
- Bedside Monitors
- Fetal and Maternal Monitors
- Brain Monitoring Systems
Application Insights:
- Operating Rooms (OR)
- Critical Care/Intensive Care Units (ICU)
- Others
End User Insights:
- Hospitals
- Ambulatory Surgical Centers
- Nursing Care Facilities
- Others
Regional Insights:
North America
- United States
- Canada
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global high acuity information solutions market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Dragerwerk AG & Co. KGaA, Edan Instruments Inc., Empower Systems, EPOWERdoc Inc. (Embrace Software Inc.), GE HealthCare Technologies Inc. (General Electric Company) Koninklijke Philips N.V., Masimo Corporation, McKesson Medical-Surgical Inc. (McKesson Corporation), Nihon Kohden Corporation, Oracle Corporation, Picis Clinical Solutions Inc. (N. Harris Computer Corporation), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global high acuity information solutions market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global high acuity information solutions market?
- What is the impact of each driver, restraint, and opportunity on the global high acuity information solutions market?
- What are the key regional markets?
- Which countries represent the most attractive high acuity information solutions market?
- What is the breakup of the market based on the product?
- Which is the most attractive product in the high acuity information solutions market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the high acuity information solutions market?
- What is the breakup of the market based on end user?
- Which is the most attractive end user in the high acuity information solutions market?
- What is the competitive structure of the global high acuity information solutions market?
- Who are the key players/companies in the global high acuity information solutions market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global High Acuity Information Solutions Market
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by End User
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Dragerwerk AG & Co. KGaA
- Edan Instruments Inc.
- Empower Systems
- EPOWERdoc Inc. (Embrace Software Inc.)
- GE HealthCare Technologies Inc. (General Electric Company) Koninklijke Philips N.V.
- Masimo Corporation
- McKesson Medical-Surgical Inc. (McKesson Corporation)
- Nihon Kohden Corporation
- Oracle Corporation
- Picis Clinical Solutions Inc. (N. Harris Computer Corporation)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | June 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 10.51 Billion |
| Forecasted Market Value ( USD | $ 16.1 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
