Facts and Factors Market Research has published a new report titled “Hospital Porter Management Systems Market – By Location Technology (Wi-Fi, Ultrasound, Barcodes, GPS, RFID, Infrared, and Bluetooth) and By Application (Task Management, Transport Management, Trolley Management, General Search, and Bed Management): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027.”
According to the report, the global hospital porter management systems market was valued approximately USD 43 million in 2018 and is expected to reach a value of around USD 115 million by 2027, at a CAGR of around 11.6% between 2019 and 2027.
Hospital management porters help in moving patients around the hospital in beds or wheelchairs along with maintaining stocks of medicines and routine paperwork. RTLS solutions manage the dispatch of such porters, which helps in reducing the nurses’ waiting time for arrival and decreasing the required number of porters at any given point of time. Porter management solutions help in increasing around 70% work efficiency along with reducing the nurses’ waiting time by almost six minutes. Furthermore, Wi-Fi tags are mapped on these solutions; each of which features a unique identification number.
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Growing utilization of EHR systems majorly drives hospital porter management systems market
Electric health record systems comprise the health status of a patient, which is collected by physicians, doctors, etc. This gathered information is compiled from various sources like healthcare providers. EHR systems enhance patient care quality and reduce the number of medical errors, which is majorly driving the hospital porter management systems market. EHR systems help in the quick identification of patients, based on specific inclusion and exclusion criteria for conducting epidemiologic research. PHR or personal health records are patient-facing platforms that allow patients’ access to their EHRs. Thus, the increasing demand and use of PHR, for enabling identification, recruitment, and collection of contextual patient data and enhancing quality healthcare services, contributes to this market.
In addition, the hospital porter management systems market is also fuelled by the shortage of nursing staff, due to the lack of potential educators, inequitable workforce distribution, and high turnover. Recent healthcare technology advancements will further boost this market in the upcoming years.
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RFID is projected to dominate the location technology segment
The RFID segment is likely to lead the market, as it ensures efficient hospital porters’ management that leads to increased demand for mobilized solutions in the healthcare sector.
Task management is likely to be the largest market segment
The task management segment is likely to hold the largest share of the hospital porter management systems market in the years ahead, owing to constant efforts made to reduce operational costs and improve efficiency. This, in turn, will help the hospitals in opting for mobilized task management solutions. The bed management segment held the second-largest market segment in 2018.
North America will dominate the hospital porter management systems market
High public healthcare expenditure, advanced healthcare infrastructure, and the availability of high-speed internet are likely to fuel the North American hospital porter management systems market over the forecasted timeline. Apart from this, the rise in the number of chronic disease incidences across the region will further drive this regional market’s growth. In 2018, North America contributed a major share, of nearly USD 18.49 million, to the overall hospital porter management systems market.
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Key players operating in the hospital porter management systems market are Serco Group, Pennine, Christie Innomed, ICEGEN, and Dexgo, among others.
This report segments the hospital porter management systems market as follows:
Global Hospital Porter Management Systems Market: By Location Technology Analysis
Global Hospital Porter Management Systems Market: By Application Analysis
- Task Management
- Bed Management
- Transport Management
- Trolley Management
- General Search
Global Market: By Region Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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