The high acuity information systems (HAIS) are integrated computer based platforms comprising of both software as well as hardware (patient monitoring machines) to aid healthcare providers manage their patients more effectively. The need of these systems arise due to rising number of patient admissions to different departments of a hospital such as critical care/intensive care unit(ICU), emergency department (ED) and operation theatre (OT). Others factors such as rising number of medical errors, rapidly aging population, and favorable government initiatives to implement health IT is also facilitating the growth of the market.
The high acuity information systems can efficiently collect, store, manage and retrieve medical information and patient data minimizing the chances of medical errors due to manual documentation of clinical data. The information collected by these systems include patient’s personal details, disease history, treatment options to assist a physician make evidence based clinical decisions. These systems can either be implemented within a single department (Ex- laboratory, pharmacy, billing etc.) of a healthcare organization or can be extended to cover multiple specialized departments such as an ICU or ED. Since, there is a surge in demand for paperless documentation of clinical data, hospitals across the world are swiftly adopting these systems into their healthcare system. For example, nearly all the hospitals with 200 beds or more in Germany have implemented high acuity information systems in the last decade
The research study comprises of a far-reaching analysis of various aspects of the global high acuity information systems market. The segmentation has been done in terms of product type, application type, end users type and geographical regions, in order to gain a holistic view of the entire market. In terms of product, the high acuity information system has been categorized into clinical information system, intensive care unit information system (ICUIS), anesthesia information system (AIMS), patient monitoring information system, surgical information system, emergency department information system (EDIS), perinatal information system and integrated information system, among others. The operating room and ICU departments are the fastest growing application segments with the highest adoption rate of clinical systems as these systems can efficiently facilitate effective decision making and patient management. The hospitals, nursing homes and rehabilitation centers are the largest end user of high acuity information systems due to expansion in patient flow in these facilities.
In terms of geography, North America and Europe leads the global market. The presence of a well-developed healthcare IT infrastructure in these regions is primarily facilitating the market growth which is further catalyzed by rising government efforts to make healthcare organizations go paperless. Furthermore, Asia Pacific is also evolving at a rapid pace which can be attributed to the rising geriatric population and the growing inpatient admissions in hospitals.
The key players operating in this space comprises of All Scripts Healthcare Solutions, Inc., Picis Clinical Solutions, Inc., Nihon Kohden, iSOFT Group Limited, GE Healthcare, Cerner Corporation and McKesson Corporation among other significant players worldwide.
The report presents the reader with an opportunity to unlock comprehensive insights with respect to the market and helps forming well informed strategic decisions. The research uncovers some of the substantial parameters that must be taken into consideration before entering into the global high acuity information systems market. These include market drivers and restraints, market share analysis, competitive landscaping, Porter’s Five Forces analysis and key developments etc.
The answers to the following key questions can be derived from this report:
- What are the major market drivers, challenges and opportunities in the global high acuity information systems market and their case studies?
- How did the high acuity market evolve and what is its scope in the future?
- What is the market share of the leading segments and sub-segments of the global high acuity information systems market in 2017 and 2025?
- How will each segment of the global high acuity information systems market grow during the forecast period and the revenue generated by each of the segments by the end of 2025?
- Who are the leading players in the global high acuity information systems market and their respective market share?
- What are the influencing factors that may affect the market share of the key players?
- How will the industry evolve during the forecast period between 2017 and 2025?
- What are the key developmental strategies implemented by the key players to stand out in this market?
- Which is the geographical location contributing to the highest sales of high acuity information systems?
- What are the recent technological trends in global high acuity information systems market?
This research report aims at answering various aspects of the global high acuity information systems market with the help of key factors driving the market, threats that can possibly inhibit the overall market growth, and the current growth opportunities that is going to shape the future trajectory of the market expansion. The study considers the growth-share matrix model for a comprehensive study of the global high acuity information systems market and assesses the factors governing the same.
1 Report Scope and Methodology
1.1 Scope of the Report
1.3 Research Methodology
1.3.1 Data Triangulation
1.3.2 Historical and Base Year Estimation (2015–2016)
1.3.3 Forecast, (2017–2025)
1.3.4 Top Down and Bottom Up Approach
1.3.5 Data Sources
2 Market Overview
2.2 Addressable Market Size and Growth Potential
2.3 Pricing Pattern
2.4 Historical Trends
2.5 Technology Trends
3 Market Dynamics
3.2 Market Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Market Challenges
4 Competitive Landscape
4.1 Market Share Analysis
4.2 Product Development and launches
4.3 Patent Landscape
5 Industry Insights
5.1 Regulatory agencies
5.2 Industry Attractiveness
6 Global High Acuity Information Systems Market, by product
6.2 Clinical Information System
6.3 Intensive care unit information system (ICUIS)
6.4 Anesthesia Information Management Systems (AIMS)
6.5 Emergency Department Information System (EDIS)
6.6 Perinatal Information System
6.7 High-Acuity Patient Monitoring
6.8 Vital Signs Monitor
6.9 Bedside Monitors
6.10 Fetal and Maternal Monitors
6.11 Brain Monitoring Systems
7 Global High Acuity Information Systems, by Application
7.2 Operating rooms (OR)
7.3 Critical Care/Intensive care units (ICU)
7.4 Other high acuity areas
8 Global high acuity information systems, by End User
8.3 Ambulatory Surgical Centers
8.4 Nursing Care Facilities
9 Global High Acuity Information Systems, By Application
9.2 North America
9.4 Asia Pacific
9.4.5 South Korea
9.4.6 New Zealand
9.4.7 Rest of Asia Pacific
9.5 Latin America
9.6 Rest of the World
9.6.1 Middle East
9.6.2 North Africa
10 Company Profiles
10.1 Allscripts Healthcare Solutions, Inc.
10.1.2 Product Mapping
10.1.3.1 Financial Summary
10.1.4 SWOT Analysis
10.2 Cerner Corporation
10.2.2 Product Mapping
10.1.3.1 Financial Summary
10.2.4 SWOT Analysis
10.3 Dragerwerk AG & Co. KGaA
10.3.2 Product Mapping
10.1.3.1 Financial Summary
10.3.4 SWOT Analysis
10.4.2 Product Mapping
10.4.3 Corporate Summary
10.4.4 SWOT Analysis
10.5 Empower Systems
10.5.2 Product portfolio
10.5.3 Corporate Summary
10.5.4 SWOT Analysis
10.6 Edan Instruments, Inc.
10.6.2 Product portfolio
10.6.3 SWOT Analysis
10.7 GE Healthcare
10.7.2 Product Portfolio
10.7.3.1 Financial Summary
10.7.4 SWOT Analysis
10.8 Koninklijke Philips N.V. (Royal Philips)
10.8.2 Product portfolio
10.8.3.1 Financial Summary
10.8.4 SWOT Analysis
10.9 Masimo Corporation
10.9.2 Product portfolio
10.9.3.1 Financial Summary
10.9.4 SWOT Analysis
10.1 McKesson Corporation
10.10.2 Product portfolio
10.10.3.1 Financial Summary
10.10.4 SWOT Analysis
10.11 Medtronic Inc.
10.11.2 Product portfolio
10.11.3.1 Financial Summary
10.11.4 SWOT Analysis
10.12 Nihon Kohden Corp.
10.12.2 Product portfolio
10.12.3.1 Financial Summary
10.12.4 SWOT Analysis
10.13 Picis Clinical Solutions, Inc.
10.13.2 Product portfolio
10.13.3 N. Harris Computer Corporation
10.13.3.2 Corporate Summary
10.13.3.3 SWOT Analysis
10.14 Surgical Information Systems, LLC
10.14.2 Product portfolio
10.14.3 SWOT Analysis
10.15 T-system Inc.
10.15.2 Product Portfolio
10.15.3 SWOT Analysis
10.16.2 Product portfolio
10.16.3 SWOT Analysis
10.17 Wellsoft Corporation
10.17.2 Product portfolio
10.17.3 Corporate Summary
10.17.4 SWOT Analysis
10.18 Welch Allyn, Inc.
10.18.2 Product portfolio
10.18.3 Hill-Rom Holdings, Inc.
10.18.3.2 Product portfolio
10.18.3.3 Corporate Summary
10.18.3.4 SWOT Analysis
List of Tables
1 Global High Acuity Information Systems Market (2017 & 2025)
2 Average Price per Installation of a Clinical Information System (EHR software) in the U.S. (According to Michigan Center for Effective IT Adoption (M-CEITA)
3 Pricing information of leading EHR software and comparison of their pricing models
4 Key product Launches in the HAIS market
5 Patents in the High Acuity Information Solutions Market
6 Regulatory Agencies Responsible for Regulating Patient Monitoring Devices Across Various Geographies
7 Commercially Available Clinical Information Systems
8 Commercially Available ICUIS
9 Commercially Available AIMS
10 Commercially Available EDIS
11 Commercially Available Perinatal Information Systems
12 Commercially Available Patient Monitoring Systems
13 Commercially Available Vital Signs Monitor
14 Commercially Available Bedside Monitors
15 Commercially Available Fetal Monitoring Systems
16 Commercially Available Brain Monitoring Systems
17 Adoption of Surgical Information System in Different Surgical Applications (0-100 beds)
18 Adoption of Surgical Information System in Different Surgical Applications (101-200 beds)
19 Adoption of Surgical Information System in Different Surgical Applications (201-300 beds)
20 Adoption of Surgical Information System in Different Surgical Applications (301-400 beds)
21 Adoption of Surgical Information System in Different Surgical Applications (401-500 beds)
22 Adoption of Surgical Information System in Different Surgical Applications (501-600 beds)
23 Adoption of Surgical Information System in Different Surgical Applications (over 600 beds)
24 Cardiology Information Systems Installation from 2010-2012 under different settings
25 Emergency Department Systems Installation from 2010-2012 under Different Settings
26 Intensive Care installation from 2010-2012 under Different Settings
27 Respiratory Care Information System installation from 2010-2012 under Different Settings
28 Different Information Systems Installed During 2010-2012 out of 802 Hospitals
29 Different Information Systems Installed During 2010-2012 out of 483 Hospitals
30 Different Information Systems Installed during 2010-2012 out of 312 Hospitals
31 Different Information Systems Installed during 2010-2012 out of 188 Hospitals
32 Different Information Systems Installed during 2010-2012 out of 116 Hospitals
33 Different Information Systems Installed during 2010-2012 out of 151 Hospitals
34 Top 10 medical CMGs (conditions) among Adult ICU Patients, 2007–2008 and 2013–2014, Canada
35 Percentage of Hospitals using Various Healthcare IT Solutions (Germany)
36 Percentage of Hospitals using Various Healthcare IT Solutions (U.K.)
37 Percentage of Hospitals using Various Healthcare IT Solutions (Spain)
38 Percentage of Hospitals using Various Healthcare IT Solutions (France)
39 Key players in various sub segments of the patient monitoring market
40 Key Initiatives Taken by the Chinese Government in Favour of Healthcare IT
41 Population Aged over 65 years in the Latin American Countries
42 Overview- Allscripts Healthcare Solutions, Inc.
43 Overview- Cerner Corporation
44 Overview- Dragerwerk AG & Co. KGaA
45 Overview- EPOWERdoc
46 Overview- Empower Systems
47 Overview- Edan Instruments, Inc.
48 Overview- GE Healthcare
49 Overview- Koninklijke Philips N.V. (Royal Philips)
50 Overview- Masimo Corporation
51 Overview- McKesson Corporation
52 Overview- Medtronic Inc.
53 Overview- Nihon Kohden Corp.
54 Overview- Picis Clinical Solutions, Inc.
55 Overview- Surgical Information Systems, LLC
56 Overview- T-system Inc.
57 Overview- VersaSuite
58 Overview- Wellsoft Corporation
59 Overview- Welch Allyn, Inc.
List of Figures
1 Different types of High Acuity Information Solutions
2 Global High Acuity Information Solutions Market , 2017-2025 ($Million)
3 Global High Acuity Information Systems Market, By Region , 2017-2025 ($Million)
4 Global High Acuity Patient Monitoring Systems Market, By Region, 2017-2025 ($Million)
5 Global HAIS Market, by Product, Information Systems, 2017-2025
6 Global HAIS Market, by Product, Patient Monitoring Systems, 2017-2025
7 Global HAIS Market, by End Users, 2017-2025
8 Global HAIS Market, by Region, 2017-2025
9 Factors Driving and Restraining the Implants Market Growth
10 Global High Acuity Information Systems Market Value by Geography, 2016 ($Million)
11 Global High Acuity Information Systems Market Value by Geography, 2025 ($Million)
12 Global High Acuity Information Systems Market Growth Potential, 2016 (%)
The demand for high acuity solutions have gained momentum with the rapidly growing number of patient volumes in Emergency Departments (ED), Operating Rooms (OR) and Intensive/Critical Care Units. The patients admitted to these facilities require utmost care and continuous monitoring of their life threatening conditions. The high acuity facilities comprise of both software applications and patient monitoring devices. The software applications are interfaced with these monitoring systems to collect, store, manage and analyse patient data to impart better clinical outcomes. The patient monitoring systems on the other hand, measure and monitor various physiological parameters (vital signs) of a patient which helps a clinician understand the status of a patient’s well-being.
The global high acuity information solutions market is expected to reach $13.69 billion by the end of 2025 growing at a CAGR of 8% during the forecast period, 2017-2025. The major factors facilitating the growth of this market include significant emphasis on reducing the number of deaths due to medical errors, need for better workflow management under high acuity settings, rising government initiatives to reduce healthcare costs. The rising inpatient volumes in high acuity settings can primarily be attributed to the rapidly growing old age population.
The global high acuity information solutions market has been segmented into two broad categories: High acuity information systems and high acuity patient monitoring systems. The high acuity information systems has further been classified on the basis of medical settings they are majorly installed in such as Operating rooms (OR), Intensive Care (ICU) and Emergency Departments (EDs) among others. The high acuity information systems segment is the largest product segment accounting for a majority of share in 2016 and is expected to reach 8.2 billion by the end of 2025 growing at a CAGR of 8% during the forecast period 2017-2025. The key players in this product segment include: Allscripts Healthcare Solutions, Cerner Corporation, McKesson Corporation, Epic Systems Corporation, GE Healthcare, iMDSoft Inc., Surgical Information Systems, LLC. Among others
The high acuity patient monitoring systems is expected to reach $5.47 billion by 2025 growing at a CAGR of 8% during the forecast period, 2017-2025. The growth in this market can be attributed to the rising number of patient volumes to the high acuity settings and the need for continuous monitoring of physiological parameters to ensure patient safety. Significant strides have been made to connect patient monitoring systems with a local hospital information system to enable sharing of patient data among healthcare providers. The major key players in this segment were identified to be Mindray, Nihon Kohden, Medtronic, Philips healthcare, GE Healthcare, Idan Instruments Inc. among others.
The end users of the high acuity information solutions market include hospitals, Ambulatory surgical centres, nursing care facilities and others. Hospitals are among the leading end users for this market with a worth of $4.9 billion as estimated in 2016 and is expected to reach at 9.31 billion with a CAGR of 7% during the forecast period, 2017-2025. On the other hand, nursing care facilities segment is expected to grow with the highest CAGR of 10% during the forecast period, 2017-2025. The reason for this high growth is primarily driven by the rapidly growing aging population thus boosting medical needs.
On the basis of geographical regions, North America dominated the global high acuity solutions market in 2016 and is expected to reach $5.61 billion by the end of 2025 growing at a CAGR of 7% during the forecast period, 2017-2025. The major drivers for this growth can be attributed to the rapidly increasing aging population, rise in chronic diseases and increased efforts by government entities to reduce healthcare costs. U.S contributes to the majority of the North American market share and was valued at $2.99 billion in the year 2016 and is expected to reach $5.33 billion by the end of 2025.
Europe is the second largest market for high acuity information solutions and is expected to reach at $3.28 billion by 2025 growing at a CAGR of 7% during the forecast period, 2017-2025.The growth in this market is driven by the rising healthcare costs due to rapidly aging population and high adoption rate for healthcare information technologies.
On the other hand, Asia Pacific was observed to be the fastest growing market for high acuity information solutions growing at a double digit CAGR of 11% during the forecast period. The old age population in the Asia Pacific region accounts for 60% of world’s aging population and is expected to increase with an exponential rate in the years to come which will immensely drive medical needs. The rise in number of chronic diseases also seem to exacerbate the situation by increasing treatment costs in the Asia Pacific region. These factors are thus expected to bring new opportunities for new entrants as well as existing key players of the market. However, as the consumers (hospitals, nursing care etc.) belonging to this region are highly cost-conscious; hence the future growth of the market would depend on pricing and efficacy of the products.
There is a presence of intense competitive rivalry in the global high acuity solutions market. Some major players in the high acuity information systems segment include: Picis Clinical Solutions, Inc., Optum, Inc., Computer Sciences Corporation, CompuGroup Medical, Affiliated Computer Services Inc., iSOFT Group Limited, Cerner Corporation and Siemens Healthcare, McKesson Corporation, AllScripts Healthcare Solutions, Inc. among others. On the other hand, the patient monitoring systems segment is majorly dominated by players such as Philips, Siemens, GE, Draeger with a couple of local vendors from china such as Idan Instruments and Mindray with a global presence in this market.
- Allscripts Healthcare Solutions, Inc.
- Cerner Corporation
- Dragerwerk AG & Co. KGaA
- Edan Instruments, Inc.
- Empower Systems
- GE Healthcare
- Hill-Rom Holdings, Inc.
- Koninklijke Philips N.V. (Royal Philips)
- Masimo Corporation
- McKesson Corporation
- Medtronic Inc.
- N. Harris Computer Corporation
- Nihon Kohden Corp.
- Picis Clinical Solutions, Inc.
- Surgical Information Systems, LLC
- T-system Inc.
- Welch Allyn, Inc.
- Wellsoft Corporation