New York, December 2021: Axiom Market Research & Consulting™ added a report on Point of care data management software market which includes study on component, mode of delivery, application, end user, and geography. Point of care data management software market was projected to grow at a CAGR of 12.03% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the point of care data management software market.
The factors such as increasing initiatives accelerating the adoption of the electronic health records (EHR), along with the increasing use of the electronic health records for recording the patient history, treatment plans, diagnosis, laboratory and test results, innovation in the flexible connectivity and software interface solutions has been driving to the growth of the point of care data management software market during the forecast period.
The report analyses the point of care data management software market based on component, application, mode of delivery, end user and geography. By component, the point of care data management software market is segmented into services and software. By mode of delivery, the point of care data management software market is segmented into cloud based and on-premise. By application, the point of care data management software market is segmented into cancer markers, cardiometabolic monitoring, coagulation monitoring, glucose monitoring, hematology, infectious diseases devices and urinaslysis. By end user, the point of care data management software market is segmented into hospitals or critical care units and diagnostic centers. Geographically, the point of care data management software market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World.
Because of the high demand in the of the services in the point of care data management software market, the services component segment is expected to be the leading segment in the market during the forecast period.
The increasing use in the clinics and hospital for the different types of application and end users has been responsible for driving the growth of the segment in the point of care data management software market during the forecast period.
The factors like increasing cases of the cardiology across the globe, along with the precise management for monitoring, treatment, appointment registration has been driving the growth of the segment in the market during the forecast period.
The factors like increasing patients in the hospitals, increasing need for the precise hospital administration process like billing and scheduling the appointment of the patients has been driving the growth of the market during the forecast period.
The increasing burden of the different types of diseases, along with the changing lifestyle and increasing environmental pollution has been propelling the growth of the point of care data management software market in the region during the forecast period.
The key players in the point of care data management software market are Abbott Point of Care Inc. (Alere), Danaher Company (HemoCue and Radiometer Medical ApS), ESAOTE SPA, Hedera Biomedics SRL, HemoCue, Orchard Software Corporation, POC Medical System, Radiometer Medical ApS, Randox Laboratories Ltd, Roche Diagnostics Corporation, Seaward Electronic Ltd, Siemens Healthineers AG (Conworx), TELCOR Inc. and Thermo Fisher Scientific Inc. among others.
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