Point Of Care (Poc) Data Management Systems Market Presents Lucrative Opportunities Owing To Increased Adoption Of Mobile Health
Point Of Care (Poc) Data Management Systems Market Presents Lucrative Opportunities Owing To Increased Adoption Of Mobile Health
The point of care (PoC) data management systems market allows clinicians to seamlessly access health records at the point of care delivery. PoC data management systems enable easy collection, management and interpretation of patient information during consultation.

They facilitate electronic data exchange and immediate access to diagnostics results and patient history during physician-patient encounters. This brings convenience for both practitioners and patients while also increasing efficiency of healthcare delivery.

The Global PoC Data Management Systems Market is estimated to be valued at US$ 86.17 Mn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in the PoC data management systems market include Amazon, Walmart, Ebay, Macys, Gap, Nike, Target, Nordstrom, JCPenney, Kohls, Wayfair, Best Buy, Home Depot, Sephora, Ulta Beauty, Forever 21, H&M, Zara, Urban Outfitters, and ASOS. PoC vendors are increasingly focusing on telehealth and mobile health technologies to facilitate remote patient monitoring. This is expected to open up lucrative growth avenues. Moreover, growing deployment of EHR solutions across hospitals and clinics in developed regions is projected to boost adoption of integrated PoC data management systems. Rising healthcare expenditure along with initiatives for digital transformation of healthcare infrastructure in developing nations will further provide impetus to global expansion of PoC data management system providers.

Market Drivers
Growing use of point-of-care testing devices for quick diagnosis of medical conditions is a key factor driving demand for integrated PoC data management systems. Increasing investments by governments and healthcare providers to implement telehealth and mobile health solutions also promotes adoption.

Market Restrain
High costs associated with deployment and maintenance of PoC data management systems limits their widespread adoption, especially in price sensitive developing markets. Interoperability issues with legacy systems of some hospitals and clinics also pose challenges. Additional factors such as lack of skilled IT professionals and data security concerns impede market growth to some extent.


Segment Analysis

The Point Of Care (Poc) Data Management Systems Market Demand is dominated by the software sub segment. As hospitals and diagnostic centers are increasingly adopting cloud based software solutions for collecting, managing and analyzing patient data at the point of care. Software solutions enable centralized data management across diverse departments within the healthcare organization as well as provide real time access and sharing of patient health records among providers and stakeholders for improved clinical decision making and outcomes.

Global Analysis

North America region dominates the Point of Care (PoC) Data Management Systems market currently. This is owing to growing prevalence of lifestyle diseases, rapid development of healthcare infrastructure including increasing number of hospitals and diagnostic centers along with rising healthcare expenditure and healthcare IT adoption in the US and Canada. The presence of key market players in the region further contributes to its large market share. Asia Pacific region is expected to witness the fastest growth during the forecast period owing to rising medical tourism, growing geriatric population, increasing investments by governments and private players in developing healthcare facilities in countries like China, India and Japan. Factors such as improving accessibility and affordability of healthcare along with rising health awareness would further support the market growth in the region.

Get more insights on this topic: https://www.ukwebwire.com/point-of-care-poc-data-management-systems-market-size-and-share-analysis-growth-trends-and-forecasts/

disclaimer

What's your reaction?

Comments

https://www.timessquarereporter.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!

Facebook Conversations