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Hospital Capacity Management Solutions Market Worth $7.0 Billion By 2026

May 19, 2021 10:31 AM ET
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  • IoT-based healthcare capacity management.
  • Emerging economies.
  • Growing competitiveness in the healthcare industry to drive asset optimization.

Growth Boosting Factors for Hospital Capacity Management Solutions Market:

The growth in the hospital capacity management solutions market is mainly driven by factors such as the need for better capacity management in hospitals, need to curtail escalating healthcare costs, and the advantages of capacity management solutions in enhancing patient care and safety.

Increasing patient volume due to the rising prevalence of chronic diseases and COVID-19 and the need to manage regulatory compliance through the effective utilization of capacity management solutions are further contributing to the growth of this market.

Covid-19 Impact on the Hospital capacity management solutions Market

The current COVID-19 pandemic has resulted in a massive number of patients visiting healthcare facilities on a daily basis. As of May 2021, over 156 million cases of COVID-19 have been reported across Africa, Asia Pacific, the Americas, Europe, and Oceania.

The virus has resulted in approximately 3.2 million deaths. With the COVID-19 pandemic, most countries, including the whole of Europe, the US, India, and Australia, among others, reported a surge in the number of patients being admitted in hospitals leading to a shortage of beds, equipment, and hospital staff. This had increased the demand of hospital capacity management solutions for better management of staff, bed, and devices.

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What the Market Looks Like?

The global hospital capacity management solutions market is projected to reach USD 7.0 billion by 2026 from USD 3.2 billion in 2021, at a CAGR of 17.1% during the forecast period.

Objectives of the Study:

# To define, describe, and forecast the global hospital capacity management solutions market by product, component, mode of delivery, end-user, and region

# To provide detailed information about the significant factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)

# To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall hospital capacity management solutions market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the size of the hospital capacity management solutions market in five major regions along with their respective key countries (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)

# To profile the key players in the global hospital capacity management solutions market and comprehensively analyze their core competencies and market shares

# To track and analyze competitive developments such as product launches, expansions, and R&D activities of the leading players in the Hospital capacity management solutions market.

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