According to a new market research report “Europe Point-of-Care Data Management Software Market” by Component Application, Deployment Mode, Vertical, and Region forecast to 2027 published by Business Market Insights, The Europe point-of-care data management software market is expected to reach US$ 241.18 million by 2027 from US$ 138.54 million in 2020; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Abbott, Siemens Healthineers AG, F. HOFFMANN-LA ROCHE LTD., Randox Laboratories Ltd, Radiometer Medical ApS, THERMO FISHER SCIENTIFIC INC., Medical Information Technology, Inc.
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“Point-of-Care (POC) devices are described as medical diagnostic devices used for testing at or near the point of care, at time and place of patient care. The purpose of POCT is to provide immediate information to physicians about the patient’s condition. Point-of-care data management software is a platform that is used in various locations in the hospital, in critical care settings such as the intensive care unit (ICU), the operating room (OR), and the emergency department (ED). It facilitates the patients’ health data management and analysis.”
With COVID-19, the entire workforce has experienced a transition toward remote working, paving a way for Europe Point-of-Care Data Management Software solution and hardware products. The reduced travel time and cost, the importance of involving employees in determining strategic goals, and the rising need for virtual meeting rooms have overall increased the spending of companies on Europe Point-of-Care Data Management Software solutions.
This report provides:
1) An overview of the market for Europe Point-of-Care Data Management Software Market and related technologies.
2) Analyses of Europe Point-of-Care Data Management Software market trends, with data from 2018, estimates for 2019 and 2020, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Europe Point-of-Care Data Management Software Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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Related Reports and latest on Health Care IT Industry Reports:
North America Point-of-Care Data Management Software Market Forecast to 2027
The North America point-of-care data management software market is expected to reach US$ 354.62 million by 2027 from US$ 196.40 million in 2020; it is estimated to grow at a CAGR of 8.8% from 2020 to 2027. The growth of the market is attributed to the increasing incidence of infectious diseases and lifestyle-related diseases, and rising product launches and development for data management. However, the high cost of point-of-care data management systems hinders the market growth.
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Asia Pacific Point-of-Care Data Management Software Market Forecast to 2027
The Asia Pacific point-of-care data management software market is expected to reach US$ 193.01 million by 2027 from US$ 102.28 million in 2020; it is estimated to grow at a CAGR of 9.5% from 2020 to 2027. The growth of the market is attributed to increasing initiatives for the adoption of electronic health records, and rising incidence of infectious diseases and lifestyle-related diseases. However, the high cost of point-of-care data management systems hinders the market growth.
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