Market revenue in 2022 | USD 272.3 million |
Market revenue in 2030 | USD 768.1 million |
Growth rate | 13.8% (CAGR from 2022 to 2030) |
Largest segment | Data integration solutions |
Fastest growing segment | Care Collaboration Solutions |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Data Integration Solutions, Real-Time Communication Solutions, Workflow Automation Solutions, Care Collaboration Solutions, Enterprise Reporting & Analytics Solutions |
Key market players worldwide | Veradigm Inc, Oracle Corp, McKesson Corp, Koninklijke Philips NV, Cisco Systems Inc, Getinge AB ADR, Stryker Corp, Spok Holdings Inc, AMETEK Inc, NextGen Healthcare |
Data integration solutions was the largest segment with a revenue share of 26.59% in 2022. Horizon Databook has segmented the Australia clinical workflow solutions market based on data integration solutions, real-time communication solutions, workflow automation solutions, care collaboration solutions, enterprise reporting & analytics solutions covering the revenue growth of each sub-segment from 2018 to 2030.
State and federal governments in Australia are supporting state-wide as well as country-wide healthcare IT initiatives, which boost adoption of clinical workflow solutions. For instance, Health Smart is a 4-year technology program launched in the state of Victoria.
The state of South Australia is in the process of developing the country’s first fully integrated state-wide EHR system, using its careconnect.sa programme. Moreover, increasing labor shortage in the country is driving demand for clinical workflow solutions, as they eliminate the need of labor.
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