Point-of-care data management systems accelerate the recording, storing, and viewing of patients' medical records from multiple point-of-care devices at central data management systems. Also, these provide a bidirectional interface to hospitals and laboratory professionals on a single enterprise platform.
Point of care data management systems market research offers a detailed and comprehensive analysis of the global market, with a particular focus on future projections. The report is structured into various segments, each analyzing the factors and events that are likely to impact the market in the upcoming years.
Furthermore, the report includes Porter's Five Forces analysis that evaluates the competitive forces in the global point-of-care data management systems market, such as the bargaining power of customers and suppliers, the threat of new entrants, the threat of substitutes, and the level of competition among existing competitors. Additionally, the report offers insights into the market dynamics, such as market drivers, challenges, and opportunities
Market Drivers:
Over the course of the forecast period, the market is anticipated to grow as point-of-care data management systems for health records become more widely used. Accreditation and regulatory criteria emphasize the growing necessity to incorporate POC Testing findings into the patient's electronic medical records, according to the article published in Practical Laboratory Medicine in November 2020.
This is because POCT results are used to make clinical decisions. To prevent misunderstanding and trending findings from various analytical procedures, POCT results should be distinguished from other central laboratory results in a clear and distinct manner. Currently, POCT is a regular part of patient treatment in all hospitals and many other types of healthcare facilities.
Market Restraint:
However, in the case of workers, the diversity of job kinds, such as full-time and part-time, and cross-appointment to multiple wards and locations make it more difficult to monitor current operators who have been taught and have shown proficiency.
The market expansion is constrained by a shortage of qualified individuals or staff operating data management systems in the healthcare industry.
Market Key Players:
The point of care data management systems market is a moderately competitive presence of local and global companies. Some of the key players that are contributing to the growth of the market are:
- Siemens Medical Solutions
- Abbott Laboratories
- Danaher Corporation
- Hoffmann-La Roche Ltd.
The Bottom Line:
DataM Intelligence’s report on the point-of-care data management systems market provides insights into the key drivers, challenges, top trends, and opportunities in the market. It also provides you with a geographical analysis and competitive landscape, which will paint a clear picture of the current market scenario.
To gain deeper insights into the point-of-care data management systems market and stay ahead of the competition, request a sample report from DataM Intelligence today.
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