High Acuity Information Systems Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Intensive Care Units (ICU), Emergency Departments (ED), Operating Rooms (OR), surgical information systems (SIS), perinatal information systems (PIS), critical care information systems (CCIS))), By End-use (Ambulatory Surgical Centers, Hospitals, Nursing Care, Other
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHigh Acuity Information Systems Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Intensive Care Units (ICU), Emergency Departments (ED), Operating Rooms (OR), surgical information systems (SIS), perinatal information systems (PIS), critical care information systems (CCIS))), By End-use (Ambulatory Surgical Centers, Hospitals, Nursing Care, Other
Global high-acuity information systems market is driven by the rise in the adoption of technologically advanced tools in the global healthcare sector, the increase in the number of hospitals and beds, and the rise in the demand for dedicated administration by multifaceted outpatient products. Additionally, the necessity for extraordinary vigilance in monitoring across the global healthcare business is fueling the market for high-acuity information systems. An information system is a device that can precisely store vast amounts of data produced by numerous end users, including hospitals. The necessity of upholding higher standards of care, increasing efficiency, and lowering human error rates has increased noticeably over the past few years. The market for high-acuity information systems products is seeing more widespread adoption as a result of this factor.
The high acuity information systems (HAIS) market refers to the market for information technology solutions designed specifically for high acuity care settings such as intensive care units (ICUs), emergency departments, and other critical care environments. These systems are designed to help healthcare providers manage and monitor patients who require intensive care and who may have multiple, complex medical conditions. The HAIS market includes a wide range of software and hardware solutions, including electronic health records (EHRs), clinical decision support systems, patient monitoring systems, and communication tools. These systems are typically highly specialized and require extensive integration with other healthcare technologies, including medical devices and diagnostic equipment.
The global HAIS market has experienced significant growth in recent years, driven by factors such as the increasing prevalence of chronic diseases, the aging of the population, and the growing demand for real-time patient data and analytics. The market is highly competitive, with numerous vendors offering a wide range of solutions for different high acuity care settings and patient populations.
Some of the key players in the HAIS market include Epic Systems Corporation, Cerner Corporation, Philips Healthcare, McKesson Corporation, and Siemens Healthineers. These companies offer a range of solutions for different high acuity care settings, including ICU-specific EHRs, telemedicine platforms, and patient monitoring systems. Overall, the HAIS market is expected to continue to grow in the coming years as healthcare providers increasingly adopt technology solutions to improve patient outcomes and optimize care delivery in high acuity settings.
Increase in the number of hospitals globally
The expansion of the market is boosted by the rising number of hospitals globally as a result of growing concerns about the development of healthcare infrastructure and medical technologies, rise in chronic disease, and high investment in healthcare by consumers. In high acuity units like operating rooms, intensive care units (ICUs), critical care units (CCUs), and emergency departments, these systems enable healthcare providers to enhance the overall quality of care, lower risks of errors or complications, optimize workflow management, lower costs, and better manage time. High-acuity information systems help to improve treatment standardization, documentation, and resource planning, giving medical staff all the data, they need to care for and evaluate patients. These factors decrease time consumption and lower the overall expenditure on procedures. Moreover, these systems are created with the intent of meeting the most pressing patient requirements and enhancing healthcare facilities. Additionally, government investments in healthcare infrastructure, particularly in developing countries, have played a significant role in increasing the number of hospitals. In many developing countries, the number of hospitals has been increasing as governments invest in healthcare infrastructure to meet the growing healthcare needs of their populations. Furthermore, non-governmental organizations and private companies have also been establishing hospitals in these countries to provide affordable healthcare services.
Overall, the increase in the number of hospitals globally is a positive development as it helps to improve access to healthcare services and promote better health outcomes for people around the world. These factor enhanced the adoption of high acuity information system market globally.
Hence, the rise in the number of hospitals is fueling the demand for a high-acuity information system to increase the ease of workflow.
Government initiatives in healthcare IT
Government initiatives play important role in the healthcare system to educate consumers in terms of digital technologies, advanced healthcare facilities, and other. Government initiatives such as awareness programs, and educational programs among individuals in healthcare IT is expected to boom the growth of the high-acuity information system market. The purpose of this government strategy is to strengthen the healthcare system through digital health technologies for consumers and healthcare professionals. Moreover, the global digital strategy places a strong importance on the categorization of health data as sensitive personal data, or personally identifiable information, requiring a high level of safety and security. Therefore, such initiative programs enhance precise documentation, and resource planning, and increase care standardization in hospitals. Moreover, Governments around the world have implemented various initiatives in healthcare IT to improve the quality of healthcare delivery, increase efficiency, reduce costs, and enhance patient outcomes. For instance such as
Electronic Health Records (EHRs)
Health Information Exchange (HIE)
Telehealth
Health Information Technology (HIT) Standards
Health IT Workforce Development
Meaningful Use Incentive Program
Overall, governments play a critical role in promoting healthcare IT adoption and innovation to enhance the quality of care and improve patient outcomes. As a result, these factors drive the demand for the high-acuity information system market.
Limited Medical Workforce
The most significant resource in the healthcare industry is the healthcare worker, however, the industry confronts various difficulties. The World Health Organization (WHO) predicted an 18-million-person shortage of health workers by 2030, primarily in low- and lower-middle-income areas, prior to COVID-19. The limited medical workforce in healthcare IT is a growing concern due to the increasing demand for healthcare services and the need for technology to support these services. Healthcare IT involves the use of technology to manage patient data, facilitate communication among healthcare providers, and improve the quality of care delivered to patients. One of the main reasons for the limited medical workforce in healthcare IT is the shortage of professionals with both medical and IT expertise. Many healthcare organizations require professionals who can bridge the gap between these two areas and understand the unique challenges and opportunities presented by healthcare IT.
Another factor contributing to the limited medical workforce in healthcare IT is the rapid pace of technological change in the healthcare industry. Many healthcare professionals may not have the necessary training or experience to keep up with new technologies and may need additional training to effectively use them in their work. Hence, the above-mentioned factors hamper the growth of the high acuity information system market.
Recent Developments
- Siemens Healthineers AG announced in August 2020 that the company is expected to buy Varian Medical Systems Inc. The acquisition is anticipated to assist Siemens Healthineers in diversifying their cancer treatment offering.
Market Segmentation
The global High Acuity Information Systems market is segmented based on Type, End-use, region, and company. Based on Type, the market is segmented into Intensive Care Units (ICU), Emergency Departments (ED), Operating Rooms (OR), surgical information systems (SIS), perinatal information systems (PIS), critical care information systems (CCIS). Based on End-use, the market is divided into Ambulatory Surgical Centers, Hospitals, Nursing Care, and Others.
Market players
Cerner Corporation, McKesson Corporation, Picis Clinical Solutions, Inc., iSOFT Group Limited, AllScripts Healthcare Solutions, Inc., CompuGroup Medical SE & Co. KGaA, Optum, Inc. Siemens Healthineers AG, Epic Systems Corporation, and Drägerwerk AG, among others.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · End-use |
| Regional scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE, Saudi Arabia; Turkey; Egypt. |
| Key companies profiled | Cerner Corporation, McKesson Corporation, Picis Clinical Solutions, Inc., iSOFT Group Limited, AllScripts Healthcare Solutions, Inc., CompuGroup Medical SE & Co. KGaA, Optum, Inc. Siemens Healthineers AG, Epic Systems Corporation, and Drägerwerk AG, among others. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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