Asian Healthcare Workflow Systems Market - Forecast to 2019 - New Study Released

From: Fast Market Research, Inc.
Published: Sun Apr 19 2015

Asian Healthcare Workflow Systems Market by Type (Fraud Detection, Pharmacy Audit & Analysis, Claim Management System, Customer Relationship Management), by End-User - Forecast to 2019

The Asian workflow systems market is expected to grow at a CAGR of 6.1% from 2014 to 2019. A number of factors such as reduction in installation cost of IT, increased quality of care and clinical outcomes, and reduction in the errors are driving the growth of workflow systems market. However, limited investment in Healthcare IT, interoperability issues, and high cost of healthcare IT hamper the growth of this market. Shifting focus by key players towards patient-centric systems provide numerous opportunities for the growth of workflow systems market in this region.

In this report, the Asian workflow systems market has been broadly classified based on application, component, deployment, and region. The application segment is further categorized as claims management, pharmacy audit and analysis, customer relationship management, and fraud detection. Component segment is classified as hardware, software, and services. Deployment is further classified as on-premise, web-based, cloud computing.

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Geographically, the market in Japan is accounted for the largest share of 30.0% in the Asian workflow systems market in 2014, followed by China. The workflow systems market in Japan is primarily driven by factors including technological advancements and rising government initiatives. The market in India is estimated to grow at a CAGR of 6.4% from 2014 to 2019. Factors such as large population base, rising incidences of chronic diseases, and increasing healthcare awareness are propelling the growth of the workflow systems market in India.

The Asian workflow systems market is a competitive market with a number of market players. Aspect Software Group Holding Ltd. (U.S.), Avaya Inc. (U.S.), Cerner Corporation (U.S.), Oracle Corporation (U.S.) and others are some of the companies operating in this market. New product launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to achieve growth in this market.

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From an insight perspective, this research report has focused on various levels of analysis-industry analysis (industry trends, and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging- and high-growth segments of the workflow system, high-growth regions and countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.

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