High-Acuity Information System Market Report

High-Acuity Information System Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR1723

Rise in the geriatric population augments the growth of the high-acuity information systems market. Technological advancement with increase in the number of hospitals and beds worldwide, specialized administration required by complex outpatient products, extraordinary vigilance in monitoring are the major drivers for high-acuity information systems market. The information system has the ability to store huge amount of data in a precise manner that has increased its existence in the competitive scenario. Rising demand for higher standards of care and increasing efficiency whilst decreasing the error is also anticipated to boost the market. Introduction of data analytics, mobility and decision support systems are the major restraints for the high-acuity information systems market.

High-acuity information systems market is segmented on the basis of types and applications. On the basis of types, high-acuity information systems are operating rooms (OR), intensive care units (ICU), emergency departments (ED), critical care information systems (CCIS), surgical information systems (SIS) and perinatal information systems (PIS). Application segment of high-acuity information system include financial development, research and development, corporate and marketing. Multi parameter monitors and vital signs monitor are the other two types of high-acuity information system. The vital signs monitor displays oxygen saturation, respiratory rate temperature, blood pressure, and heart rate. They are typically used in non-critical care centers such as special and high dependency wards. Multi parameter monitor are used to display and record vital signs and other additional parameters such as cardiac output, cerebrospinal fluid pressure, intra cranial pressure, invasive pressures and ECG.  Mainly, operating room information system is used in OR whereas ICU uses intensive care information system. Emergency departments use emergency department information system. With the increase in the number of patients admitted in ICU and OR, the intensive unit information systems and operating room information systems are expected to witness lucrative growth during the forecast period. In the European market, surgical information systems are widely used as it increases the workflow and efficiency of the hospitals by reducing errors and provides data analytics in high-acuity environments. The growth of the high-acuity information system market varies between emerging and mature countries.

The regional segments of high-acuity information system market are North-America, Asia-Pacific, Europe, Latin America and MEA. Easy connectivity in monitoring the hospital network is a major factor in the adoption of the systems in the areas of Europe and North America. In 2014, North America was one of the highest revenue generating regional market. Key factors attributing to its large share include presence of developed IT and healthcare infrastructure, constantly improving reimbursement policies and favorable government initiatives pertaining to the implementation of high-acuity information systems in existing healthcare establishments.

Key market players of high-acuity information system are Siemens Medical, GE Healthcare and Philips Medical Systems with about a market share of approximately 65 percent. They are the market players since they directly launch the product into the market whereas other players are dependent on distributor and retaillers. Other players in the market are All Scripts Healthcare Solutions Inc., Epic Systems Corporation, Cerner Corporation, Dragerwerk AG & Co, KGaA, Computer Sciences Corporation, CompuGroup Medical and iSOFT Group Limited.

 

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