Europe Clinical Workflow Solutions Market Size & Outlook
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Europe clinical workflow solutions market highlights
- The Europe clinical workflow solutions market generated a revenue of USD 2,937.0 million in 2022.
- The market is expected to grow at a CAGR of 12.8% 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.
- Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 2,937.0 million |
| Market revenue in 2030 | USD 7,694.1 million |
| Growth rate | 12.8% (CAGR from 2022 to 2030) |
| Largest segment | Data integration solutions |
| Fastest growing segment | Care Collaboration Solutions |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 30.7% of the global clinical workflow solutions market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,400.5 million by 2030.
Data integration solutions was the largest segment with a revenue share of 26.46% in 2022. Horizon Databook has segmented the Europe 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 European market growth can be attributed to several healthcare programs in the region for improvement and standardization of national health services. Government organizations, such as European Association of Public Health (EUPHA), work in collaboration with European Health Information Initiative (EHII), thereby widening the scope of growth for the market in Europe.
Furthermore, increasing demand for patient-centered care delivery from caregivers and improved clinician productivity in the region are also expected to boost growth. The market in Europe consists of countries such as Germany, the UK, France, Italy, and Spain. All these countries are rapidly growing economies, which also positively impacts market growth.
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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 |
Europe clinical workflow solutions market size, by country, 2018-2030 (US$M)
Europe Clinical Workflow Solutions Market Outlook Share, 2022 & 2030 (US$M)
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