Market Research Report
Global Patient Data Management Systems (PDMS) Market
|Published by||Progressive Markets Research||Product code||649321|
|Published||Content info||128 Pages
Delivery time: 1-2 business days
|Global Patient Data Management Systems (PDMS) Market|
|Published: May 1, 2018||Content info: 128 Pages||
The patient data management systems (PDMS) market accounted for $227.1 million in 2013 and is expected to reach $1,115.6 million by 2025, registering a CAGR of 14.5% from 2017 to 2025.
Patient data management systems (PDMS) is a computer-based information system, which facilitates the collection, integration, retrieval, and interpretation of the multi-source (hospital information system, laboratory system, and bedside devices) and multi-variant (images, numbers, and text) data found in intensive care units. It is a medical product calculating or interpreting patient-specific data for diagnostic or therapeutic purposes, which includes dosage of medication. PDM systems can support clinicians in their everyday work by documenting the clinical data.
The need to reduce healthcare costs and to ensure regulatory compliance drive the PDMS market. In addition, the need for efficient management of patient associated information is also projected to supplement the market growth. However, the high cost associated with these PDM systems coupled with the reluctance of healthcare professionals and individuals to accept newer technologies are projected to hinder the growth of the PDMS market.
Based on products, the PDMS market is bifurcated into solution and service. Based on mode of delivery, the market is categorized into on premise, web-based, and cloud-based. Further, based on application, the market studied across the neonatal intensive care unit (NICU). Based on end user, the market is categorized into hospital, medical research center, healthcare payer, and other healthcare systems.
The major players operating in the global PDMS market include: Cerner Corporation, Constellation Software Inc. (Imdsoft), Danaher Corporation (Radiometer Medical Aps), Drgerwerk AG & CO. KGAA, Elekta AB, General Electric Company (GE Healthcare), Hill-Rom Holdings, Inc. (Mortara Instrument, Inc.), Koninklijke Philips N.V. (Philips Healthcare), Medset Medizintechnik GMBH, Nexus AG, Siemens AG (Siemens Healthineers), Smiths Group PLC. (Smiths Medical), and Utas co.