Point Of Care (Poc) Data Management Systems Market Growth Accelerated By Increasing Adoption Of Real-Time Patient Data Management Systems
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| Point Of Care (Poc) Data Management Systems Market |
Point of care (PoC) data
management systems have simplified healthcare workflows by allowing clinicians
to access patient health information in real-time. These systems collect patient
health data electronically during diagnosis, treatment, and monitoring using
portable devices. They enable faster clinical decision making through
consolidated access to patient clinical records, lab results, vitals,
diagnostics, and medical imaging across departments from a single application.
The global Point of care (PoC) Data Management Systems Market is estimated to
be valued at US$ 3.2 billion in 2023 and is expected to exhibit a CAGR of 12.%
over the forecast period 2023-2031, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
The increasing adoption of real-time patient data management systems has been a
key factor accelerating growth of the point of care (PoC) data management
systems market. Streamlined workflows allowing clinicians to access up-to-date
patient health records from anywhere using mobile PoC devices is driving
demand. It is estimated that over 70% of healthcare organizations currently
using PoC technologies reported improved clinical outcomes attributed to timely
clinical decisions supported by consolidated patient data on a single platform.
Rising investments by hospitals and diagnostic laboratories to upgrade legacy
systems with interoperable PoC solutions ensuring data security and management
across departments should further support market growth over the forecast
period.
Segment Analysis
The global point of care (POC) data management systems market is dominated by
the infectious disease testing sub-segment owing to the widespread testing for
various infections across clinical settings. The infectious disease testing
sub-segment accounts for the largest market share as POC testing helps in early
diagnosis and management of diseases like influenza, HIV, respiratory
infections etc. Testing at the point-of-care enables avoiding turnaround time
issues associated with sending samples to centralized laboratories.
Key Takeaways
The global point of care (PoC) data management systems market is expected to
witness high growth.
Regional analysis: The North
American region currently dominates the global PoC data management systems
market due to large number of installed base and frequent usage of PoC testing.
Asia Pacific is expected to grow at fastest pace during the forecast period
owing to increasing healthcare expenditure, large patient pool and rising
awareness regarding point-of-care testing.
Key players operating in the point of care (PoC) data management systems market
are Siemens Healthcare GmbH, Huawei Technologies Co. Ltd., Thermo Fisher
Scientific, IBM Corporation, Abbot Laboratories, Danaher Corporation, Roche
Diagnostics, Microsoft Corporation.
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