The growing digitization such as integration of AI, IoT, and cloud-based services in the healthcare sector further propels the growth of the healthcare inventory management systems market. Cloud-based services such as big data analytics, telemedicine, clinical information system, healthcare business process outsourcing, Internet of Things (IoT) in medical, disaster recovery as a service and back up as a service are increasingly adopted across the globe to optimize healthcare services and enhance patient care. Technological advancement coupled with the adoption of cloud-based services resulted in healthcare reforms, quality care for the patients and optimization of revenues of healthcare enterprises. Additionally, cloud-based services in healthcare will also benefit from cutting long-term IT and healthcare costs to increased revenues of healthcare enterprises.
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Healthcare enterprises such as finance and administration, IT management, application development and support, data and voice networking, end-user computing, and data center are significantly benefitted by cloud computing technology. Connected healthcare models such as HIS, IoT medical, telemedicine provides new and significant opportunities for patients to engage with medical staff to better manage their care. Moreover, globally, healthcare systems are improving due to the wide adoption of cloud-based services in various healthcare programs. Cloud services enable to provide a platform for healthcare providers to effectively provide their products and services to a wide customer base. Innovation is driving the global market for instance companies such as Athenahealth, IBM, Microsoft and so forth offer a variety of cloud services across the globe. Cloud computing companies are identifying the need of the healthcare provider and design their products and services to reach masses and reform the healthcare system.
The scope of technological modernization continues to grow in healthcare, is playing an important role in almost all processes. Technological advancement in the healthcare sector has been increasing due to demand for improvements in patient access, lower wait times, improved revenues for health systems, lower-cost systems, and much more. Technological advancement in the healthcare sector is driving the growth of the global healthcare inventory management systems market. Since the 1970s, the healthcare provider has been utilizing a traditional inventory management system. Over the past 10 years, there have been substantial technological improvements in the system and development of new technologies that allowed east management healthcare inventory adopted globally.
Healthcare IT has been improved a lot due to the success of R&D programs and huge investment in healthcare IT domain. To reduce costs and improve quality of care IT services have been adopted significantly into the healthcare system. With the advancement in virtual and cloud computing infrastructure technologies, the cost reduced significantly and productivity has been optimized considerably across the globe. Information technology (IT) platform creates a significant opportunity for cloud healthcare and attracts investment from government and private players due to huge demand emerging from the healthcare domain. Reforms enable to update of existing cloud healthcare applications, solutions, and services to be more user friendly with effective results.
Global Healthcare inventory management systems Services Market Segmentation
By Product Type
- Hardware
- Software & Services
By End-User
- Hospitals
- Clinics
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Healthcare Inventory Management Systems Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- ArbiMed Inc.
- ASAP Systems
- Ascom
- Abbott Laboratories
- Cardinal Health, Inc.
- CenTrak, Inc.
- General Electric Co.
- Grifols, S.A.
- Global Healthcare Exchange, LLC
- Honeywell International Inc.
- Invengo Technology Pte. Ltd.
- Inventory Optimization Solutions
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