High Acuity Information Systems Market Size, Share & Trends Report

High Acuity Information Systems Market Size, Share & Trends Analysis Report By Types, By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

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  • Report ID: GVR1723
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The global high acuity information systems market is anticipated to witness growth over the forecast period owing to rise in the geriatric population. 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 this 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 this 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). The application segment of high-acuity information system includes financial development, research and development, and 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. Multiparameter monitors are used to display and record vital signs and other additional parameters such as cardiac output, cerebrospinal fluid pressure, intracranial pressure, invasive pressures, and ECG.  Mainly, the 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 systems 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 players in high acuity information system market 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 distributors and retailers. 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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