Clinical Workflow Solution Market

Clinical Workflow Solution Market Outlook for 2023 to 2033

The global Clinical Workflow Solution Market share is estimated to clock a revenue of USD 10,352.1 million in 2023. Our technology experts opine that clinical workflow solution providers can expect a robust CAGR of 16.8% through 2033, with a forecast valuation of USD 49,056.3 million by 2033.

Attributes	Details
Clinical Workflow Solution Market Size, 2022	USD 8,986.2 million
Clinical Workflow Solution Market Size, 2023	USD 10,352.1 million
Clinical Workflow Solution Market Size, 2033	USD 49,056.3 million
Value CAGR (2023 to 2033)	16.8%

Key Trends Tracked in Clinical Workflow Solution

• Increasing collaborations between hospitals and workflow service providers are pushing the sales of clinical workflow solutions.
• Upsurge in the adoption of EHR systems by government bodies is creating a positive outlook for the future of these technologies.
• Rising importance of clinical workflow solution among healthcare companies searching for more effective and intriguing ways to boost access to improved outcomes.
• Advancements in the clinical workflow solution to expand applications beyond the current functions, such as reduction in adverse drug events (ADEs), and improvement in patient care and care coordination.
• Increase in receptiveness among hospitals toward the technology-driven frameworks due to budgetary constraints, limited resources, increasing patient base, dearth of standard clinical SOPs and treatment regimens.
• Surging medical tourism, enhancing healthcare infrastructure, rising demand for superior-level healthcare, and advancements in eHealth are propelling the adoption of clinical workflow solutions.

Historical Growth of the Clinical Workflow Solution Market Vs. Forecast Outlook

Attributes	Details
Clinical Workflow Solution Market Size (2018)	USD 4,828.42 million
Clinical Workflow Solution Market Size (2022)	USD 8,986.2 million

The market valuation of clinical workflow solution increased from USD 4,828.42 million in 2018 to USD 8,986.2 million in 2022. Presently, it stands at a valuation of USD 10,352.1 million and is projected to arrive at USD 49,056.3 million by 2033, as per latest market study by FMI analysts. Key factors behind the rising market size are as follows:

• Growing importance of clinical workflow models by organizations in public as well as private sectors.
• Clinical settings and clinical decision support systems that promote the use of integration of EHR are expected to profit businesses by incentivizing hospitals to use such services.
• Ongoing technical advancements to allow more flexibility and fewer hassles in clinical workflow solutions.
• Increasing use of cloud computing to improve clinical database management platforms is predicted to have a positive influence on the market growth.

Category-wise Insights

Data Integration Solution Captures Approximately 1/3rd of the Global Market

Segment	Data Integration Solution
Market Share % (2023)	27.4%

The data integration solution segment is projected to occupy a market share of 27.4% in 2023. The growth of this segment is driven by the surging preference of healthcare providers for this solution to manage surging data volumes and the requirement for integration to cut down on wasteful expenses.

This system also allows caregivers to access patient data throughout their entire continuum of care. As a result, more and more caregivers are investing in this unified system.

Some other factors that are supporting the expansion of this segment:

• Rising use of EHRs, and interoperability solutions, along with regulatory modifications and regulations, are contributing to the segment’s growth.
• Intensifying focus on patient-centric services and a shift in importance toward value-based services are catalyzing sales of data integration solutions.

A Trend toward Connected Hospitals is Accelerating Adoption of Clinical Workflow Solutions in Hospitals

Segment	Hospitals
Market Share % (2023)	42.2%

The hospitals sector is predicted to seize a value share of 42.2% in the entire market in 2023. The growth of this segment can be attributed to the increase in the number of healthcare institutions and their related data that requires suitable administration and privacy.

The category is predicted to heavily invest in clinical workflow solutions due to surging government efforts to elevate the healthcare sector and streamline the enormous data in hospitals.

Additional factors that are propelling the category’s growth include:

• Increasing demand for integrated and collaborative care delivery is fueling the adoption of clinical workflow solution by hospitals.
• Surging demand for workflow and the emerging trend toward connected hospitals are catalyzing category’s growth.
• Key players in the market are utilizing latest technology and software to enhance the quality of their services.

Country-wise Insights:

Market Driven by Accelerating Efforts by the United States Government to Bring Efficiency in EHR

Country	The United States
Forecast CAGR % (2023 to 2033)	8.1%

The United States clinical workflow solution market is predicted to expand at a CAGR of 8.1% through 2033. Key factors that are impelling the market growth include:

• Surging research and development activities in the medical field in the country. This, along with the accelerating patient admission in hospitals, which is creating a humongous amount of patient data, is creating a constant demand for clinical workflow solutions in the country.
• Increasing government initiatives anchored on the efficient use of EHR, interoperability, and other solutions are all supporting the sales of clinical workflow solutions.

The United Kingdom Deemed as a Foremost Market for Clinical Workflow Solution Players

Country	The United Kingdom
Forecast CAGR % (2023 to 2033)	7.4%

In Europe, the United Kingdom is a significant market for clinical workflow solution. The country is set to experience a 7.4% CAGR over the forecast period. Following factors back the market growth in the United Kingdom:

• Escalating emphasis on patient care, along with healthcare outlay on digitization to make data transmission secure across enterprises, is generating sales for clinical workflow solutions.
• Key players in the United Kingdom are developing clinical trial software to help end users streamline their clinical trials, and simultaneously make end user’s tasks and activities faster, easier, and more enjoyable.

Key Players Supplying Clinical Workflow Solution View China as an Opportunist’s Heaven

Country	China
Forecast CAGR % (2023 to 2033)	22.5%

The clinical workflow solution market in China is anticipated to expand at an exceptional CAGR of 22.5% throughout the next decade. Mentioned below are the leading factors that are facilitating the increase in market size:

• China is witnessing an upsurge in investments from established players, typically from developed economies, due to robust opportunities in the China market.
• Rising demand for healthcare IT solutions in the medical sector is fueling the adoption of clinical workflow solution in China.

Investments in Healthcare Infrastructure are Contributing to the Market in India

Country	India
Forecast CAGR % (2023 to 2033)	20.5%

After China, India is the go-to market for clinical workflow solution market players. Over the forecast period, the country is set to register a robust CAGR of 20.5% through 2033. Given below are the core factors pushing the sales of clinical workflow solution in India:

• Escalating government efforts to support the deployment of eHealth, surging medical healthcare infrastructure, and invigorating demand for excellent healthcare are all contributing toward market growth.
• Pacing up medical tourism and intensifying demand for outstanding healthcare are spurring the adoption of clinical workflow solution.

Health Institutes in Japan Seeking Latest and Improved Clinical Workflow Solution

Country	Japan
Forecast CAGR % (2023 to 2033)	17.5%

Japan is forecast to register a CAGR of 17.5% through 2033. In the following years, the market is predicted to expand due to the given factors:

• Key players in Japan are actively offering solutions to reduce the burden on highly skilled clinical laboratory technologists. For instance, in May 2023, Sysmex introduced a clinical flow cytometry system in Japan. This portfolio, along with monoclonal antibody reagents, empowers laboratories to automate the overall process of flow cytometry testing, leading to greater testing standardization and efficiency.
• Key players can also be seen collaborating with health institutes to develop new systems and solutions. In September 2023, Shimadzu Corporation, a top Japanese manufacturer, came up with a prototype that connects GPs and specialists in infectious diseases. Apart from this, the system also facilitates payments and contracts between them.

Scope of Clinical Workflow Solution Market Report

Report Attribute	Details
Growth Rate	CAGR of 16.8% from 2023 to 2033
Base Year for Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in USD million and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Type, End Use Application, Region
Regions Covered	North America; Latin America; Western Europe; Easter Europe; Asia Pacific; Middle East and Africa
Key Countries Profiled	The United States, Canada, Brazil, Argentina, Germany, The United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia and New Zealand, China, India, ASEAN, GCC, South Africa
Key Companies Profiled	Allscripts Healthcare Solution, Inc.; Cerner Corporation; NXGN Management LLC; McKesson Corporation; Koninklijke Philips N.V.; Hill-Rom Services, Inc.; Cisco; General Electric; Stanley Healthcare; Vocera Communications; ASCOM; Atenahealth Inc.; Others
Customization	Available Upon Request

Core Tactics of Key Players in the Clinical Workflow Solution Market

The market is fragmented and is categorized by intense competition. Players in the market are focusing on the quality of their offerings to retain their positions. Apart from this, hospitals and healthcare providers are renewing or negotiating license agreements with IT solution providers to utilize their market-ready technologies. Thus, fueling the market growth.

To sustain the market competition, key players are following a list of strategies, including:

• Cooperation agreements
• Promotional activities
• Mergers
• Strategic alliances
• Development of new products

Leading players in the Clinical Workflow Solution Market are

• Allscripts Healthcare Solution, Inc.
• Cerner Corporation
• NXGN Management LLC
• McKesson Corporation
• Koninklijke Philips N.V.
• Hill-Rom Services, Inc.
• Cisco
• General Electric,
• Stanley Healthcare
• Vocera Communications
• ASCOM
• Atenahealth Inc.
• Others

Key Developments Taking Place in the Clinical Workflow Solution Market

• In March 2023, Florence, a New York-based health technology firm that focuses on clinical capacity management, made its debut with USD 20 million in seed funding. The platform enables patients to keep track of their healthcare journey via smartphone. Patients, via this platform, can fill out their intake forms, update their clinical details, find their prescriptions, and schedule follow-up appointments to streamline the clinical workflow for providers.
• In January 2023, CenTrak launched cloud-based software called Workflow that automates the communication and workflow to reduce the burden of manual documentation necessary throughout the different phases of clinical care. The platform has empowered healthcare facilities to minimize patient wait times, raise the care time with patients, and facilitate patient and staff satisfaction.
• ePlus Inc., in September 2020, collaborated with Mobile Heartbeat to provide MH-CURE to healthcare administrations targeting to elevate their patient care and clinical processes. MH-CURE is a Unified Clinical Communication platform.

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
• 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
  • 5.1. Data Integration Solutions
    • 5.1.1. EMR Integration Solutions
    • 5.1.2. Medical Image Integration Solutions
  • 5.2. Real-time Communication Solutions
    • 5.2.1. Nurse Call Alert Systems
    • 5.2.2. Unified Communication Solutions
  • 5.3. Clinical Workflow Automation Solutions
    • 5.3.1. Patient Flow Management Solutions
    • 5.3.2. Nursing & Staff Scheduling Solutions
  • 5.4. Care Collaboration Solutions
    • 5.4.1. Medication Administration Solutions
    • 5.4.2. Perinatal Care Management Solutions
  • 5.5. Rounding Solutions
• 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use Application
  • 6.1. Hospitals
  • 6.2. Long-term Care Facilities
  • 6.3. Ambulatory Care Centres
• 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 7.1. North America
  • 7.2. Latin America
  • 7.3. Western Europe
  • 7.4. Eastern Europe
  • 7.5. South Asia and Pacific
  • 7.6. East Asia
  • 7.7. Middle East and Africa
• 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
• 15. Key Countries Market Analysis
• 16. Market Structure Analysis
• 17. Competition Analysis
  • 17.1. Allscripts Healthcare Solutions, Inc.
  • 17.2. Cerner Corporation
  • 17.3. NXGN Management, LLC
  • 17.4. McKesson Corporation
  • 17.5. Koninklijke Philips N.V.
  • 17.6. Hill-Rom Services Inc.
  • 17.7. Cisco
  • 17.8. General Electric
  • 17.9. Stanley Healthcare
  • 17.10. Vocera Communications
  • 17.11. ASCOM
  • 17.12. Athenahealth Inc.
• 18. Assumptions & Acronyms Used
• 19. Research Methodology