India Clinical Workflow Solutions Market Size & Outlook
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India clinical workflow solutions market highlights
- The India clinical workflow solutions market generated a revenue of USD 234.9 million in 2022 and is expected to reach USD 687.1 million by 2030.
- The India market is expected to grow at a CAGR of 14.4% 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 234.9 million |
| Market revenue in 2030 | USD 687.1 million |
| Growth rate | 14.4% (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, India accounted for 2.5% 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 Asia Pacific, Japan clinical workflow solutions market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 687.1 million by 2030.
Data integration solutions was the largest segment with a revenue share of 26.31% in 2022. Horizon Databook has segmented the India 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 this country is expected to witness lucrative growth over the forecast period. Several multinational companies are setting up their operational facilities in India.
These market players are focused on launching new products, setting up manufacturing facilities, and signing partnerships with contract manufacturing organizations in India, expanding their geographical presence in the country.
For instance, Athena Health, Inc. has a subsidiary in India, which aids in expansion of its business in the country. Furthermore, initiatives, such as The Ayush man Bharat, Pradhan Mantri Jan Arogya Yojana (PMJAY, undertaken by the government of India for introduction of better health programs are expected to drive 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 |
India clinical workflow solutions market size, by type, 2018-2030 (US$M)
India Clinical Workflow Solutions Market Outlook Share, 2022 & 2030 (US$M)
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