Point of Care (PoC) Data Management Systems Market, by Component (Services and Software), by Mode of Delivery (Cloud based and On-premise), by End User (Hospital, Clinics and Diagnostics Laboratories), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026

  • Published On : Jun 2018 |
  • Pages : 200 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Point of Care Data Management Systems Market – Easy Management of Large Volume Patient Data

Increasing focus on value-based services in healthcare is increasing demand for POC testing. Improvements in patient outcomes and satisfaction can be seen with laboratory results made available in real-time at the patients’ point of care. In order to meet increasing needs of healthcare, laboratories are actively managing POC testing effectively, with data management and connectivity solution that integrates POCT results into the patient’s chart and eases the challenges of POCT management. Moreover, the Health Information Technology for Economic and Clinical Health (HITECH) Act promoted the adoption of health information technology, thereby facilitating the healthcare facilities to adopt these systems. In 2015, the Centers for Medicare & Medicaid Services (CMS) and the Office of the National Coordinator for Health IT (ONC) supported the concept of electronic health records-meaningful use [EHR-MU]. Meaningful Use is attributed to ensure certified EHR technology provides efficient electronic exchange of health information, thus improving the quality of care.

The global point of care data management systems market size was valued at US$ 718.5 million in 2017 and is expected to witness a robust CAGR of 6.6% over the forecast period (2018 - 2026).

Figure 1. Global Point of Care Data Management Systems Market, by Region, 2016 (US$ Mn)

Source: Coherent Market Insights

Decreased possibility of human error to augment growth of the point of care data management systems market

Manual data management of large patient volume requires extensive manpower and is a cumbersome and relatively expensive task. Moreover, manual system to maintain healthcare records is relatively unreliable and prone to human error and data loss. Patients and healthcare providers are adopting data management systems to maintain medical history and data and to follow an efficient treatment course. Increasing incidence of various diseases is expected to accelerate demand for POC devices, thereby rising adoption of point of care data management systems to manage daily POCT operations across diverse medical and home care settings. According to the American Heart Association, 2016, Cardiovascular Diseases (CVD) account for 17.3 million deaths annually worldwide, where an estimated 23.3 million people are expected to die from CVD by 2030, thus propelling demand for adoption of devices offering timely diagnosis of cardiovascular disorders. Thus, significant reduction in labor cost, human error, and data loss offered by point of care data management systems, combined with increasing burden of chronic diseases is a major factor strengthening the market growth.

Initiatives accelerating adoption of Electronic Health Records (EHR) is expected to drive market growth

Initiatives taken by various organizations in order to transform the healthcare infrastructure such as the Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009, are increasing adoption of Electronic Health Records (EHR) in healthcare facilities. Moreover, in 2015, the Centers for Medicare & Medicaid Services (CMS) and the Office of the National Coordinator for Health IT (ONC) supported the concept of electronic health records-meaningful use [EHR-MU]. Meaningful Use is attributed to ensure certified EHR technology, which provides efficient electronic exchange of health information, thus improving the quality of care. However, high capital investment associated with installation of web-based and on-premise data management systems and software deters their adoption to some extent. Furthermore, increasing concern regarding patient healthcare data and high cost related to data protection and privacy are also restraining point of care data management systems market growth. Data management systems require regular maintenance for uninterrupted operation and to avoid issues during work process. The Department of Information Strategy, 2013, states that the maintenance cost increases the expenditure associated with system and it varies from US$ 1,000 to around US$ 4,000 annually.

Some of the major players operating in the global point of care data management systems market are Abbott Laboratories, Danaher Corporation, F.Hoffman-La Roche Ltd., Orchard Software Corporation, Siemens Healthcare GmbH, Telecor, Inc., Thermo Fisher Scientific, Inc., Randox Laboratories Ltd., Hedera Biomedics Srl, and Seaward Electronic Ltd.

Point-of-care (POC) data management system market report includes in depth study about POC data management services and software. It also focuses on the adoption rate of technology in various healthcare settings such as hospital, clinics and diagnostic laboratories. Cloud-based and on-premise systems are the mode of delivery type for these services. Point-of-care (POC) data management system enables clinicians to make decisions easily, as the patient records are well maintained and point-of-care has the potential to significantly influence health care delivery and to address the challenges of health disparities. Point-of-care (POC) data management system helps in providing optimal patient care and it increases effectiveness, improves clinical workflow, satisfies compliance requirements and reduce cost. The demand for POC data management system is expected to increase, as the healthcare agencies are focused on improving patient safety and care. Moreover, rising number of hospitals adopting advanced data management systems to increase operational efficiency and reduce costs is driving growth of the point-of-care management system market. POC data management system helps medical professionals to manage patient’s diagnostic and clinical data easily, which was a tedious task earlier. A typical point-of-care practice involves multiple devices platform from various vendors, is used which by thousands of operators spread over the entire region. These systems are hardware and software based management technologies, which include cloud, web, and premise based mode of delivery.

Market Dynamics

The major factors driving growth of the point of care data management systems market include increasing incidence of various diseases accelerating demand for POC devices, thereby increasing adoption of point of care data management systems to manage daily POCT operations across different medical and home care settings. Moreover, point-of-care technology is significantly contributing to the transformation of healthcare landscape by bringing rapid diagnosis and monitoring tests closer to the patient care and making it more convenient for healthcare providers and patients. The test results obtained by Electronic Health Records (EHR) assists in early diagnosis leading to early onset of treatment. Advancements in data integration, remote sensing in hospitals, and wireless connectivity are also increasing the demand for POC data management system. However, high cost associated with installing on-premise and cloud-based data management systems and software along with increasing concern about patient healthcare data protection and privacy can negatively impact the business growth.

Key features of the study:

  • This report provides in-depth analysis of point of care data management systems market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global point of care data management systems market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Abbott, Danaher Corporation, F.Hoffman-La Roche Ltd., Orchard Software Corporation, Siemens Healthcare GmbH, Telecor, Inc., Thermo Fisher Scientific, Inc., Randox Laboratories Ltd., Hedera Biomedics Srl and Seaward Electronic Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global point of care data management systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the point of care data management systems market

Detailed Segmentation:

  • Global Point of Care Data Management Systems Market, By Component:
    • Services
    • Software
  • Global Point of Care Data Management Systems Market, By Mode of Delivery:
    • Cloud Based
    • On-premise
  • Global Point of Care Data Management Systems Market, By End User:
    • Hospital
    • Clinics
    • Diagnostics Laboratories
  • Global Point of Care Data Management Systems Market, By Geography:
    • North America
      • By Component:
        • Services
        • Software
      • By Mode of Delivery:
        • Cloud Based
        • On-premise
      • By End User:
        • Hospital
        • Clinics
        • Diagnostics Laboratories
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Component:
        • Services
        • Software
      • By Mode of Delivery:
        • Cloud Based
        • On-premise
      • By End User:
        • Hospital
        • Clinics
        • Diagnostics Laboratories
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
    • Europe
      • By Component:
        • Services
        • Software
      • By Mode of Delivery:
        • Cloud Based
        • On-premise
      • By End User:
        • Hospital
        • Clinics
        • Diagnostics Laboratories
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Component:
        • Services
        • Software
      • By Mode of Delivery:
        • Cloud Based
        • On-premise
      • By End User:
        • Hospital
        • Clinics
        • Diagnostics Laboratories
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Component:
        • Services
        • Software
      • By Mode of Delivery:
        • Cloud Based
        • On-premise
      • By End User:
        • Hospital
        • Clinics
        • Diagnostics Laboratories
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Component:
        • Transmitters and Receivers
        • Insulin Pumps
        • Sensors
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Abbott *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Market Strategy
    • Danaher Corporation
    • F.Hoffman-La Roche Ltd.
    • Orchard Software Corporation
    • Siemens Healthcare GmbH
    • Telecor, Inc.
    • Thermo Fisher Scientific, Inc.
    • Randox Laboratories Ltd.
    • Hedera Biomedics Srl
    • Seaward Electronic Ltd.

*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technology
      • Market Snippet, By Disease Indication
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • Benefits of Point of Care Data Management Systems
    • Regulatory Scenario
  4. Global Point of Care Data Management Systems Market, By Component, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Software
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Services
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  5. Global Point of Care Data Management Systems Market, By Mode of Delivery, 2016 – 2026, (US$ Million
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Cloud Based Systems
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • On Premise Systems
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  6. Global Point of Care Data Management Systems Market, By End User, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Diagnostics Laboratories
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  7. Global Point of Care Data Management Systems Market, By Region, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Regions, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017 – 2026
    • North America
      • Market Size and Forecast, By Technology, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Disease Indication, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026 (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Technology, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Disease Indication, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026 (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
    • Europe
      • Market Size and Forecast, By Technology, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Disease Indication, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026 (US$ Mn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Technology, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Disease Indication, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026 (US$ Mn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East
      • Market Size and Forecast, By Technology, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Disease Indication, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026 (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Technology, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Disease Indication, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2026 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2026 (US$ Mn)
        • Central Africa
        • South Africa
        • North Africa
  8. Competitive Landscape
    • Company Profiles
      • Siemens Healthcare GmbH
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Danaher Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Abbott
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Telecor, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Orchard Software Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • F.Hoffman-La Roche Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Thermo Fisher Scientific, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Randox Laboratories Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Hedera Biomedics Srl
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
      • Seaward Electronic Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Market Strategy
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 35 market data tables and 20 figures on "Point of Care Data Management Systems Market - Global forecast to 2026”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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