The North America Hospital Bed Management Systems Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030).
An emerging trend in the market is integrating these systems with Electronic Health Records (EHR). This integration enhances data accuracy and promotes a comprehensive patient-centric approach by consolidating medical information with bed management data. This trend is pivotal in creating a unified healthcare IT infrastructure. Incorporating artificial intelligence and predictive analytics is revolutionizing the capabilities of HBMS. Advanced algorithms analyze historical data to predict patient admissions, optimize bed utilization, and anticipate resource needs.
HBMS automates the admission and discharge processes, reducing administrative burden and minimizing errors. Automated workflows enhance communication between different departments, ensuring a seamless transition for patients through the healthcare continuum. HBMS contributes to efficient patient flow management within hospitals. By providing a holistic view of bed occupancy and patient movement, healthcare providers can identify potential bottlenecks and implement strategies to enhance the overall flow of patients through various departments.
The growing prevalence of chronic diseases leads to an increased number of hospital admissions for the management and treatment of these conditions in America. Integrating telehealth capabilities into HBMS supports delivering chronic disease management in America through virtual consultations. As per the Centers for Disease Control and Prevention, it is estimated that one chronic illness affects six out of every ten Americans, including cancer, heart disease, stroke, and diabetes. These and other chronic diseases are the significant causes of death and disability in the United States, as well as the leading cause of healthcare costs. Due to these aspects, the market will expand across the North America region in upcoming years.
The US market dominated the North America Hospital Bed Management Systems Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $954 Million by 2030. The Canada market is exhibiting a CAGR of 11.8% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 10.8% during (2023 - 2030).
Based on Deployment, the market is segmented into Cloud & Web Based, and On-premise. Based on Type, the market is segmented into Acute Care Bed, Critical Care Bed, Long-term Care Bed, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Hospital Bed Management Systems Market is Predict to reach $3.5 Billion by 2030, at a CAGR of 10%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Epic Systems Corporation, GE HealthCare Technologies, Inc., HealthStream, Inc., TeleTracking Technologies, Inc., SAP SE, JVS Group, Advanced Data Systems Corporation, NextGen Healthcare, Inc., and McKesson Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
- Cloud & Web Based
- On-premise
By Type
- Acute Care Bed
- Critical Care Bed
- Long-term Care Bed
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- Epic Systems Corporation
- GE HealthCare Technologies, Inc.
- HealthStream, Inc.
- TeleTracking Technologies, Inc.
- SAP SE
- JVS Group
- Advanced Data Systems Corporation
- NextGen Healthcare, Inc.
- McKesson Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Hospital Bed Management Systems Market, by Deployment
1.4.2 North America Hospital Bed Management Systems Market, by Type
1.4.3 North America Hospital Bed Management Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Hospital Bed Management market
Chapter 5. North America Hospital Bed Management Systems Market, by Deployment
5.1 North America Cloud & Web Based Market, by Country
5.2 North America On-premise Market, by Country
Chapter 6. North America Hospital Bed Management Systems Market, by Type
6.1 North America Acute Care Bed Market, by Country
6.2 North America Critical Care Bed Market, by Country
6.3 North America Long-term Care Bed Market, by Country
6.4 North America Others Market, by Country
Chapter 7. North America Hospital Bed Management Systems Market, by Country
7.1 US Hospital Bed Management Systems Market
7.1.1 US Hospital Bed Management Systems Market, by Deployment
7.1.2 US Hospital Bed Management Systems Market, by Type
7.2 Canada Hospital Bed Management Systems Market
7.2.1 Canada Hospital Bed Management Systems Market, by Deployment
7.2.2 Canada Hospital Bed Management Systems Market, by Type
7.3 Mexico Hospital Bed Management Systems Market
7.3.1 Mexico Hospital Bed Management Systems Market, by Deployment
7.3.2 Mexico Hospital Bed Management Systems Market, by Type
7.4 Rest of North America Hospital Bed Management Systems Market
7.4.1 Rest of North America Hospital Bed Management Systems Market, by Deployment
7.4.2 Rest of North America Hospital Bed Management Systems Market, by Type
Chapter 8. Company Profiles
8.1 Oracle Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Epic Systems Corporation
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 GE HealthCare Technologies, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 HealthStream, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Acquisition and Mergers:
8.4.5 SWOT Analysis
8.5 TeleTracking Technologies, Inc
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.3 SWOT Analysis
8.6 SAP SE
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 JVS Group
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Advanced Data Systems Corporation
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Nextgen healthcare, inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Research & Development Expenses
8.9.4 SWOT Analysis
8.10. McKesson Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis
TABLE 1 North America Hospital Bed Management Systems Market, 2019 - 2022, USD Million
TABLE 2 North America Hospital Bed Management Systems Market, 2023 - 2030, USD Million
TABLE 3 North America Hospital Bed Management Systems Market, by Deployment, 2019 - 2022, USD Million
TABLE 4 North America Hospital Bed Management Systems Market, by Deployment, 2023 - 2030, USD Million
TABLE 5 North America Cloud & Web Based Market, by Country, 2019 - 2022, USD Million
TABLE 6 North America Cloud & Web Based Market, by Country, 2023 - 2030, USD Million
TABLE 7 North America On-premise Market, by Country, 2019 - 2022, USD Million
TABLE 8 North America On-premise Market, by Country, 2023 - 2030, USD Million
TABLE 9 North America Hospital Bed Management Systems Market, by Type, 2019 - 2022, USD Million
TABLE 10 North America Hospital Bed Management Systems Market, by Type, 2023 - 2030, USD Million
TABLE 11 North America Acute Care Bed Market, by Country, 2019 - 2022, USD Million
TABLE 12 North America Acute Care Bed Market, by Country, 2023 - 2030, USD Million
TABLE 13 North America Critical Care Bed Market, by Country, 2019 - 2022, USD Million
TABLE 14 North America Critical Care Bed Market, by Country, 2023 - 2030, USD Million
TABLE 15 North America Long-term Care Bed Market, by Country, 2019 - 2022, USD Million
TABLE 16 North America Long-term Care Bed Market, by Country, 2023 - 2030, USD Million
TABLE 17 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 19 North America Hospital Bed Management Systems Market, by Country, 2019 - 2022, USD Million
TABLE 20 North America Hospital Bed Management Systems Market, by Country, 2023 - 2030, USD Million
TABLE 21 US Hospital Bed Management Systems Market, 2019 - 2022, USD Million
TABLE 22 US Hospital Bed Management Systems Market, 2023 - 2030, USD Million
TABLE 23 US Hospital Bed Management Systems Market, by Deployment, 2019 - 2022, USD Million
TABLE 24 US Hospital Bed Management Systems Market, by Deployment, 2023 - 2030, USD Million
TABLE 25 US Hospital Bed Management Systems Market, by Type, 2019 - 2022, USD Million
TABLE 26 US Hospital Bed Management Systems Market, by Type, 2023 - 2030, USD Million
TABLE 27 Canada Hospital Bed Management Systems Market, 2019 - 2022, USD Million
TABLE 28 Canada Hospital Bed Management Systems Market, 2023 - 2030, USD Million
TABLE 29 Canada Hospital Bed Management Systems Market, by Deployment, 2019 - 2022, USD Million
TABLE 30 Canada Hospital Bed Management Systems Market, by Deployment, 2023 - 2030, USD Million
TABLE 31 Canada Hospital Bed Management Systems Market, by Type, 2019 - 2022, USD Million
TABLE 32 Canada Hospital Bed Management Systems Market, by Type, 2023 - 2030, USD Million
TABLE 33 Mexico Hospital Bed Management Systems Market, 2019 - 2022, USD Million
TABLE 34 Mexico Hospital Bed Management Systems Market, 2023 - 2030, USD Million
TABLE 35 Mexico Hospital Bed Management Systems Market, by Deployment, 2019 - 2022, USD Million
TABLE 36 Mexico Hospital Bed Management Systems Market, by Deployment, 2023 - 2030, USD Million
TABLE 37 Mexico Hospital Bed Management Systems Market, by Type, 2019 - 2022, USD Million
TABLE 38 Mexico Hospital Bed Management Systems Market, by Type, 2023 - 2030, USD Million
TABLE 39 Rest of North America Hospital Bed Management Systems Market, 2019 - 2022, USD Million
TABLE 40 Rest of North America Hospital Bed Management Systems Market, 2023 - 2030, USD Million
TABLE 41 Rest of North America Hospital Bed Management Systems Market, by Deployment, 2019 - 2022, USD Million
TABLE 42 Rest of North America Hospital Bed Management Systems Market, by Deployment, 2023 - 2030, USD Million
TABLE 43 Rest of North America Hospital Bed Management Systems Market, by Type, 2019 - 2022, USD Million
TABLE 44 Rest of North America Hospital Bed Management Systems Market, by Type, 2023 - 2030, USD Million
TABLE 45 Key Information – Oracle Corporation
TABLE 46 Key Information – Epic Systems Corporation
TABLE 47 Key Information – GE HealthCare Technologies, Inc.
TABLE 48 Key Information – Healthstream, Inc.
TABLE 49 Key Information – TeleTracking Technologies Inc.
TABLE 50 Key Information – SAP SE
TABLE 51 Key Information – JVS Group
TABLE 52 Key Information – Advanced Data Systems Corporation
TABLE 53 Key Information – Nextgen healthcare, inc.
TABLE 54 Key Information – McKesson Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Hospital Bed Management Systems Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Hospital Bed Management Systems Market
FIG 4 Porter’s Five Forces Analysis – Hospital bed management system market
FIG 5 North America Hospital Bed Management Systems Market, Share by Deployment, 2022
FIG 6 North America Hospital Bed Management Systems Market, Share by Deployment, 2030
FIG 7 North America Hospital Bed Management Systems Market, by Deployment, 2019 - 2030, USD Million
FIG 8 North America Hospital Bed Management Systems Market, Share by Type, 2022
FIG 9 North America Hospital Bed Management Systems Market, Share by Type, 2030
FIG 10 North America Hospital Bed Management Systems Market, by Type, 2019 - 2030, USD Million
FIG 11 North America Hospital Bed Management Systems Market, Share by Country, 2022
FIG 12 North America Hospital Bed Management Systems Market, Share by Country, 2030
FIG 13 North America Hospital Bed Management Systems Market, by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Oracle Corporation
FIG 15 SWOT Analysis: Epic Systems Corporation
FIG 16 Recent strategies and developments: GE HealthCare Technologies, Inc.
FIG 17 SWOT Analysis: GE HealthCare Technologies, Inc.
FIG 18 SWOT Analysis: HealthStream, Inc
FIG 19 SWOT Analysis: TeleTracking Technologies Inc.
FIG 20 SWOT Analysis: SAP SE
FIG 21 SWOT Analysis: JVS Group
FIG 22 SWOT Analysis: Advanced Data Systems Corporation
FIG 23 SWOT Analysis: Nextgen healthcare, inc.
FIG 24 SWOT Analysis: McKesson Corporation