The Global Market for High Acuity Information Systems is Projected to Reach US$1.7 Billion by 2020

Growing Need to Deliver Better Patient Care Drives Adoption of High Acuity Information Systems, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on High Acuity Information Systems. The global market for High Acuity Information Systems is projected to reach US$1.7 billion by 2020, driven by aging population, rising patient workload in high acuity environments, growing focus on providing better healthcare services and improving hospital financial performance. 

High acuity environment in hospitals, including intensive care units, operation rooms and emergency departments, are equipped with various medical devices that generate tremendous amount of patient information. Growing base of geriatric population worldwide is increasing the patient throughput in these departments resulting in healthcare information overload. Patient data produced by various medical devices in high acuity departments generate critical patient information, which when pooled allows for a more accurate assessment of a patient’s health. The need to collate such huge data is driving hospitals to adopt high acuity information systems (HAIS), which pool information for easy accessibility by physicians at the right place, and time.

High acuity information systems (HAIS) are solutions utilized in hospital facilities such as emergency departments, intensive care units and operating rooms in order to measure patient acuity and offer superior care to patients. HAIS aids in the optimization of clinical workflow, enhances patient safety and reduces operational costs for hospitals. Increasing hospital expenditure, aging population, and technological advances are contributing towards the growth of HAIS. Also, data collected by HAIS can be used as a barometer to analyze a hospital’s financial performance, thereby contributing to provision of better patient care at lower costs and improve efficiency. Given these benefits, governments worldwide are encouraging hospitals to adopt high acuity care information systems.

Robust adoption of IT solutions in high acuity departments is being driven by the shortage of qualified emergency medical service personnel, and growing patient volumes in emergency departments. Healthcare information systems such as emergency department information systems are attracting significant interest, given their ability to enhance quality and efficiency of care while simultaneously reducing costs. Hospitals are earmarking budgets for surgical information systems in a bid to reduce documentation errors and improve patient care quality. Better workflow management and cost savings on consumables and supplies are key benefits offered that help curtail hospital costs. The need to eliminate malpractice claims, and reduce errors in dosage is encouraging the adoption of Anesthesia Information Management Systems (AIMS) in perioperative settings. Intensive Care Information Systems are also becoming increasingly popular in hospitals, driven by the rising need to support extremely complicated decision making in emergency care. Increasing need to improve infant and maternal care in perinatal settings is, on the other hand driving adoption of Perinatal Information Systems.

As stated by the new market research report on High Acuity Information Systems, the United States represents the largest market, worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 9.2% over the analysis period.

Major players covered in the report include Allscripts Healthcare Solutions Inc., Cerner Corporation, Drägerwerk AG & Co. KGaA, Epic Systems Corporation, GE Healthcare, iMDsoft Inc., McKesson Corporation, Optum Inc., Philips Healthcare, Plexus Information Systems Inc., Surgical Information Systems LLC and Wellsoft Corporation among others.

The research report titled “High Acuity Information Systems: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (Australia, China and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World.