Canada Clinical Workflow Solutions Market Size & Outlook
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Canada clinical workflow solutions market highlights
- The Canada clinical workflow solutions market generated a revenue of USD 1,126.9 million in 2022 and is expected to reach USD 3,053.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 13.3% from 2023 to 2030.
- In terms of segment, data integration solutions was the largest revenue generating type in 2022.
- Care Collaboration Solutions is the most lucrative type segment registering the fastest growth during the forecast period.
Clinical workflow solutions market data book summary
| Market revenue in 2022 | USD 1,126.9 million |
| Market revenue in 2030 | USD 3,053.7 million |
| Growth rate | 13.3% (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 |
Other key industry trends
- In terms of revenue, Canada accounted for 11.8% of the global clinical workflow solutions market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. clinical workflow solutions market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,053.7 million by 2030.
Data integration solutions was the largest segment with a revenue share of 26.29% in 2022. Horizon Databook has segmented the Canada 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.
The clinical workflow solutions market in Canada is expected to witness healthy growth during the forecast period owing to growing government initiatives. For instance, the Canadian Pharmacists Association received funding from Health Canada for launching the Clinical Decision Support Program in 2013.
Furthermore, institutes in Canada provide specialized courses for creating skilled workforce that can operate in the field of clinical workflow solutions. Such courses also create awareness regarding the field, hence, driving the demand for these solutions in Canada.
The Hospital Pharmacy in Canada—2011/2012 report indicated that though healthcare IT solutions continue to evolve, adoption of fully integrated healthcare IT is expected to take time.
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Clinical Workflow Solutions Market Scope
Clinical Workflow Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| AMETEK Inc | View profile | 21500 | 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 | https://www.ametek.com |
| Spok Holdings Inc | View profile | 392 | 5911 Kingstown Village Parkway, 6th Floor, Alexandria, VA, United States, 22315 | https://www.spok.com |
| NextGen Healthcare | View profile | 1001-5000 | Irvine, California, United States, North America | http://www.nextgen.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| McKesson Corp | View profile | 51000 | 6555 State Highway 161, Irving, TX, United States, 75039 | https://www.mckesson.com |
| Getinge AB ADR | View profile | 11862 | Lindholmspiren 7A, P.O. Box 8861, Gothenburg, Sweden, SE-417 56 | https://www.getinge.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Veradigm Inc | View profile | 7869 | 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL, United States, 60654 | https://www.veradigm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Canada clinical workflow solutions market size, by type, 2018-2030 (US$M)
Canada Clinical Workflow Solutions Market Outlook Share, 2022 & 2030 (US$M)
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