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Hospitals/Critical Care Units Segment to Grow Significantly During 2020–2027
According to the latest study on “Point-Of-Care Data Management Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Application, and End User,” the market was valued at US$ 446.54 million in 2019 and it is projected to reach US$ 855.54 million by 2027; it is expected to grow at a CAGR of 8.6% during 2020–2027. The report highlights trends prevailing in the global point-of-care data management software market and the factors driving and restraining the market growth.
Managing patient's test data and recording it for later use has always been tedious for medical professionals. Therefore, several companies have developed point-of-care data management software to overcome the challenges faced by medical professionals in maintaining patient's records. Hence, the facilities that point-of-care data management software provides, including recording, storage, and viewing records from multiple devices, have boosted the demand for point-of-care data management software market.
Based on end-user, the global point-of-care data management software market is bifurcated into hospitals/critical care units, diagnostic centers and clinics/outpatient. The hospitals/critical care units segment held a larger share of the market in 2019 and the same segment is anticipated to register a higher CAGR in the market during the forecast period.
Abbott, Siemens Healthineers AG, TELCOR Inc., F. HOFFMANN-LA ROCHE LTD., Orchard Software Corporation, Randox Laboratories Ltd., DataLink Software, LLC., Radiometer Medical ApS, THERMO FISHER SCIENTIFIC INC. and Medical Information Technology, Inc. are among the major companies operating in the global point-of-care data management software market.
The report segments global point-of-care data management software market as follows:
By Application
- Glucose Monitoring
- Hematology
- Cardiometabolic Monitoring
- Infectious Disease Devices
- Coagulation Monitoring
- Cancer Markers
- Urinalysis
- Others
By End User
- Hospitals/Critical Care Units
- Diagnostic Centers
- Clinics/Outpatient
By Geography
- North America
- Europe
- France
- Germany
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- South and Central America (SCAM)
- Brazil
- Argentina
- Rest of South and Central America
