Market revenue in 2022 | USD 340.4 million |
Market revenue in 2030 | USD 914.8 million |
Growth rate | 13.2% (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 26.29% in 2022. Horizon Databook has segmented the Italy 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.
Several hospitals in both public and private sectors are adopting clinical workflow solutions for efficient and high-quality health care, which drives market growth. This factor is expected to significantly boost growth during the forecast period. In addition, technological advancements in the country are anticipated to drive growth.
Increasing healthcare expenditure and developing healthcare infrastructure are expected to positively impact growth. According to the World Bank, healthcare expenditure of Italy in 2017 was 8.85% of its GDP. Rising adoption of advanced healthcare IT solutions is also expected to drive market growth.
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