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Patient Tracking Systems Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2024
Global Patient Tracking Systems Market:By Type (Integrated, Standalone), By Product (Real Time Locating Systems (RLTS), Event Driven Solutions), By Mode of the Delivery (Cloud based, Web based, On-premise), By Components (Software, Hardware, Services), By End User (Ambulatory Surgical Centers, Hospitals, Clinics), and Geography -Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis2012 to 2016 and Forecast 2017 to 2024
Patient Tracking Systems Market: Market Dynamics
Patient tracking system is a key component of analyzing the patient flow and patient security solution. Patient tracking system ensures healthcare staff and security personnel to locate the patient quickly hospital wide and allows hospitals to admit more patients efficiently, after a patient is discharged the tracking tag will be removed and place in a drop box to notify housekeeping or any other healthcare staff or professionals automatically. High return on investment by adopting the patient tracking systems, rise in demand for the improved advancements in management of patient care and focus, favorable incentives by the government propels the growth of the patient tracking system market globally. Furthermore, enhanced productivity from the staff, ease in managing the patients, cost reduction in maintenance are the other factors that drives the growth of patient tracking systems market globally. However, huge investment on the implementation and installation of the systems, dearth of the skilled professionals, concerns regarding the patient confidentiality may hamper the growth of the patient tracking systems market globally.
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Market Scope: Patient Tracking Systems Market
Patient Tracking Systems Market is segmented on the basis of type, product, and component, mode of delivery, End user and Geographical regions
Based on the Type, Patient Tracking Systems Market is segmented into the following:
- Integrated
- Standalone
Based on the Product,Patient Tracking Systems Market is segmented into the following:
- Real Time Locating Systems (RLTS)
- Event Driven Solutions
Based on the Mode of the Delivery, Patient Tracking Systems Market is segmented into the following:
- Cloud based
- Web based
- On premise
Based on the Components, Patient Tracking Systems Market is segmented into the following:
- Software
- Hardware
- Services
Based on the End User, Patient Tracking Systems Marketis segmented into the following:
- Ambulatory Surgical Centers
- Hospitals
- Clinics
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Regional Analysis: Patient Tracking Systems Market
Geographically, Patient Tracking Systems Marketis segmented into North America, Europe, Asia Pacific, Latin America, and theMiddle East and Africa regions. North America accounts largest market for Patient Tracking Systems followed by Europe, owing to the advancements in technologies, increase emphasis on improving patient flow, rise in focus on reducing healthcare expenditure. Asia Pacific region and Latin America region is anticipated to show lucrative growth due to rise in demand for healthcare services, growing investments on patient care, growing awareness regarding technology. MEA is also expected to show significant growth in patient tracking systems market owing to the rise in healthcare standards of the counties in MEA region.
Competition Assessment: Patient Tracking Systems Market
Key playersprofiled in the global Patient Tracking Systems Marketinclude:
- Awarepoint Corporation (U.S.)
- Allscripts Healthcare Solutions, Inc. (U.S.)
- Central Logic, Inc. (U.S.)
- Care Logistics, LLC (U.S.)
- Intelligent InSites, Inc. (U.S.)
- Cerner Corporation (U.S.)
- Medworxx Solutions, Inc. (Canada)
- McKesson Corporation (U.S.)
- Sonitor Technologies, Inc. (U.S.)
- STANLEY Healthcare (U.S.)
- Epic Systems Corporation (U.S.)
- TeleTracking Technologies, Inc. (U.S.)
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Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2024)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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