Global Computerized Maintenance Management System (CMMS) Software in Healthcare Market Size By Functionality, By Deployment Mode, By End-User, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Computerized Maintenance Management System (CMMS) Software in Healthcare Market Size By Functionality, By Deployment Mode, By End-User, By Geographic Scope And Forecast
Computerized Maintenance Management System (CMMS) Software in Healthcare Market Size And Forecast
Computerized Maintenance Management System (CMMS) Software in Healthcare Market size was valued at USD 1.9 Billion in 2023 and is projected to reach USD 3.05 Billion by 2030, growing at a CAGR of 12 % during the forecast period 2024-2030.
Global Computerized Maintenance Management System (CMMS) Software in Healthcare Market Drivers
The growth and development of the Computerized Maintenance Management System (CMMS) Software in Healthcare Market is attributed to certain main market drivers. These factors have a big impact on how integrated gas systems are demanded and adopted in different sectors. Several of the major market forces are as follows
- Regulatory Compliance A number of laws and guidelines governing healthcare institutions require that buildings and equipment be properly maintained. By guaranteeing adherence to these rules, CMMS software helps to prevent fines and legal problems.
- Cost Savings By preventing equipment failures, cutting downtime, and improving resource allocation, effective maintenance management using CMMS can result in cost savings. In the healthcare industry, where equipment malfunctions or downtime can have catastrophic repercussions, this is vital.
- Asset Management Healthcare companies sometimes own a wide range of pricey medical facilities and equipment, all of which need to be properly managed. With the use of CMMS, assets may be tracked, managed, and kept in good condition for longer.
- Patient Safety and treatment Quality Both the general safety of patients and the standard of treatment they get are influenced by dependable equipment and facility management. Patient safety may be jeopardized by equipment failures, which CMMS helps to prevent.
- Data-Driven Decision Making Resource usage, maintenance history, and equipment performance are all covered by CMMS software. Healthcare companies may make well-informed decisions and maximize their maintenance plans thanks to this data-driven strategy.
- Integration with Other Systems Improving overall operational efficiency is achieved through integration with other healthcare systems, such as Enterprise Resource Planning (ERP) and Electronic Health Records (EHR) systems. Coordination of maintenance tasks is improved when data flows between systems seamlessly.
- Increase in Preventive Maintenance Practices One of the main components of CMMS is preventive maintenance, which aids in spotting and fixing possible problems before they cause equipment failure. In order to prevent delays in patient treatment, this proactive approach is crucial in the healthcare industry.
- Technological Advancements The capabilities of maintenance management are improved by the incorporation of technologies such as predictive analytics and the Internet of Things (IoT) into CMMS software. By assisting healthcare facilities in implementing predictive maintenance, these developments can further minimize downtime.
- Increasing Adoption of Cloud-Based systems Cloud-based CMMS systems offer scalability, flexibility, and remote access. Healthcare facilities are increasingly adopting cloud-based CMMS systems as they become aware of the advantages of cloud computing.
- Expanding Healthcare Infrastructure The need for CMMS software to handle the maintenance of these growing facilities is a result of both the building of new healthcare infrastructure and the expansion of existing healthcare facilities.
Global Computerized Maintenance Management System (CMMS) Software in Healthcare Market Restraints
The Computerized Maintenance Management System (CMMS) Software in Healthcare Market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are
- High Implementation Costs For certain healthcare organizations, especially smaller ones with tighter resources, the initial outlay needed to adopt CMMS software, including software licenses, hardware, training, and customisation, can be a major barrier.
- Resistance to Change Employees who may be used to more conventional maintenance management techniques may be resistant to the adoption of new technology. It will take training and change management initiatives to get beyond this opposition and guarantee a smooth adoption process.
- Integration Difficulties It can be difficult to integrate CMMS software with other facility management tools or with current healthcare systems like Electronic Health Records (EHR). Problems with data transfer and compatibility could come up during the integration process.
- Data Security Issues Since healthcare facilities deal with private patient information, all software, including CMMS, must abide by stringent data security laws. Concerns over illegal access or data breaches could hinder the use of CMMS software.
- Absence of Skilled Staff To effectively use CMMS software, staff members must be skilled in data management and interpretation, analysis, and decision-making. One potential limitation may be the lack of qualified IT and maintenance workers.
- Complexity of Customization Healthcare facilities have a variety of needs, and it might be difficult to modify CMMS software to satisfy particular demands. It could be difficult for some businesses to modify the software to fit their particular workflows and procedures.
- Maintenance of Data Accuracy For efficient maintenance management, CMMS depends on precise and current data. Outdated or erroneous information might cause inefficiencies and jeopardize the system’s advantages.
- Insufficient Knowledge and Education It’s possible that certain healthcare institutions are unaware of the advantages of CMMS or have false impressions about its capabilities. A successful installation depends on educating people about the benefits and appropriate usage of CMMS.
- Resource Constraints Healthcare businesses may experience shortages of manpower and time for the implementation and administration of a CMMS system, in addition to financial constraints.
- Scalability Issues Scalability is a challenge when healthcare facilities grow or change. Certain CMMS solutions could find it difficult to expand to meet the expanding requirements of bigger or changing healthcare institutions.
Global Computerized Maintenance Management System (CMMS) Software in Healthcare Market Segmentation Analysis
The Global Computerized Maintenance Management System (CMMS) Software in Healthcare Market is Segmented on the basis of Functionality, Deployment Mode, End-User-Based, and Geography.
Computerized Maintenance Management System (CMMS) Software in Healthcare Market, By Functionality-Based Segmentation
- Preventive Maintenance The solutions in this section are intended to help you avoid equipment malfunctions and guarantee optimal performance by scheduling and automating regular maintenance operations.
- Work Order Management Consists of instruments that make work order development, assignment, and tracking easier, hence optimizing the maintenance process.
- Inventory Management Solutions for organizing and controlling the supplies and spare components needed for maintenance tasks are referred to as inventory management solutions.
- Asset Management Asset management is keeping track of and overseeing the lifecycle of healthcare assets, such as infrastructure, buildings, and medical equipment.
- Predictive Maintenance Predictive maintenance is a new industry that uses data analytics and IoT technology to anticipate equipment faults and plan maintenance ahead of time.
Computerized Maintenance Management System (CMMS) Software in Healthcare Market, By Deployment Mode-Based Segmentation
- On-Premises CMMS Computer management software that is installed and run on the company’s own servers and computer infrastructure.
- Cloud-Based CMMS Solutions hosted on the cloud, offering flexibility, scalability, and remote access without the requirement for on-site server maintenance.
Computerized Maintenance Management System (CMMS) Software in Healthcare Market, By End-User-Based Segmentation
- Hospitals and Clinics CMMS solutions that solve the maintenance issues with medical equipment and facilities, specifically designed to meet the demands of healthcare organizations.
- Ambulatory Surgical Centers Specialized solutions created for outpatient surgical facilities, concentrating on maintaining vital equipment and assuring compliance.
- Diagnostic Centers Services that address the upkeep requirements of lab apparatus, diagnostic imaging equipment, and other diagnostic tools.
- Long-Term Care Facilities Manages upkeep tasks for both medical and non-medical assets in nursing homes, assisted living facilities, and other long-term care establishments.
Computerized Maintenance Management System (CMMS) Software in Healthcare Market, By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Key Players
The major players in the Computerized Maintenance Management System (CMMS) Software in Healthcare Market are
- eMaint
- MAPCON
- Fiix
- EPAC Software
- Maintenance Connection
- Hippo
- MPulse
- Eagle Technology
- NEXGEN
- IBM
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIO | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED |
|
| SEGMENTS COVERED | Functionality, Deployment Mode, End-User, and Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any  please connect with our sales team, who will ensure that your requirements are met.
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy