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Healthcare ERP Market Size & Share to Surpass USD 9.16 Billion by 2028 | Vantage Market Research

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WASHINGTON, March 14, 2023 (GLOBE NEWSWIRE) — Global Healthcare ERP Market is valued at USD 6.31 Billion in 2021 and is projected to reach USD 9.16 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 6.4% over the forecast period 2022-2028.

Healthcare ERP Market Overview

The Healthcare ERP (Enterprise Resource Planning) market is a rapidly growing sector within the healthcare industry. It involves the use of integrated software solutions to manage and automate a variety of healthcare processes, including patient registration, electronic medical records (EMRs), financial management, inventory control, supply chain management, and more. The primary goal of healthcare ERP systems is to improve efficiency and reduce costs by streamlining processes and eliminating redundancies.

The global healthcare ERP market is expected to experience significant growth over the next few years, driven by factors such as the increasing demand for cost-effective healthcare solutions, rising adoption of electronic health records (EHRs), and government initiatives promoting the adoption of healthcare IT. Additionally, the COVID-19 pandemic has accelerated the adoption of digital healthcare technologies, including ERP systems, as healthcare providers seek to manage patient care remotely and reduce in-person interactions.

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Top Report Findings

  • Market size and growth: The global healthcare ERP market size was valued at USD 6.31 Billion in 2021 and is expected to grow at a CAGR of 6.4% from 2022 to 2028. The market is being driven by the increasing demand for cost-effective healthcare solutions, growing adoption of EHRs, and government initiatives promoting the adoption of healthcare IT.
  • Cloud-based ERP systems: The cloud-based segment is expected to witness significant growth during the forecast period, as healthcare providers increasingly adopt cloud-based ERP systems due to lower upfront costs, greater flexibility, and easier scalability.
  • Large enterprises dominate the market: The large enterprise segment accounted for the largest share of the healthcare ERP market in 2022, due to the high cost of implementation and the need for significant IT infrastructure. However, the small and medium-sized enterprise segment is expected to grow at a faster rate due to the increasing adoption of cloud-based ERP systems.
  • North America dominates the market: North America accounted for the largest share of the healthcare ERP market in 2022, due to the high adoption of healthcare IT and government initiatives promoting the adoption of electronic health records. However, the Asia Pacific region is expected to witness significant growth during the forecast period due to the increasing adoption of healthcare IT and growing demand for cost-effective healthcare solutions.
  • ERP systems for patient management: ERP systems for patient management accounted for the largest share of the healthcare ERP market in 2020, due to the increasing demand for solutions that enable healthcare providers to manage patient data and improve patient care. However, the financial management segment is expected to grow at a faster rate during the forecast period, driven by the need to improve financial efficiency and reduce costs.

Top Players in the Global Healthcare ERP Market

  • Allscripts Healthcare LLC
  • Azalea Health
  • CentralBOS LLC
  • CPSI
  • Deskera
  • Elinext Group
  • Focus Softnet Pvt. Ltd.
  • Infor
  • Infosys Limited
  • Medical Information Technology Inc.
  • Microsoft
  • Oracle
  • Premier
  • Rootstock Software
  • Sage Group PLC
  • SAP
  • The HCI Group (Tech Mahindra Limited)
  • Wipro Limited
  • Workday Inc.

For Additional Information on Healthcare ERP Market Players and Detail List, Download a Report PDF Brochure@ https://www.vantagemarketresearch.com/healthcare-erp-market-1589/request-sample
Market Dynamics

Increasing demand for cost-effective healthcare solutions: Healthcare providers are under increasing pressure to reduce costs while maintaining high-quality patient care. Healthcare ERP systems offer an effective solution by automating processes, reducing redundancies, and improving efficiency.

Growing adoption of electronic health records (EHRs): The adoption of EHRs is on the rise, driven by government initiatives and the need to improve patient care. Healthcare ERP systems can integrate with EHRs to provide a comprehensive solution for managing patient data.

Government initiatives promoting the adoption of healthcare IT: Governments around the world are implementing policies and programs to encourage the adoption of healthcare IT, including ERP systems. This is driving growth in the healthcare ERP market, as healthcare providers seek to comply with these regulations.

Increasing demand for remote patient care: The COVID-19 pandemic has accelerated the adoption of digital healthcare technologies, including ERP systems, as healthcare providers seek to manage patient care remotely and reduce in-person interactions.

Technological advancements: The healthcare ERP market is constantly evolving, with vendors investing heavily in research and development to introduce innovative solutions that offer enhanced functionality, security, and usability.

Despite the Growth Drivers, the Healthcare ERP Market also Faces Some Challenges, including:

Data security and privacy concerns: Healthcare ERP systems store sensitive patient data, making them vulnerable to security breaches and cyber-attacks. This has led to concerns over data privacy and security.

High implementation costs: Healthcare ERP systems can be expensive to implement, requiring significant investment in hardware, software, and training.

Complexity of integration: Healthcare ERP systems often need to integrate with multiple existing systems, which can be complex and time-consuming.

Resistance to change: Healthcare organizations may be resistant to change, making it challenging to adopt new technologies and processes.

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Top Trends in Global healthcare ERP Market

The global healthcare ERP market is constantly evolving, with new trends emerging as technology advances and healthcare providers seek to improve patient care and reduce costs. Here are some of the top trends in the global healthcare ERP market:

Cloud-based ERP systems: Cloud-based ERP systems are becoming increasingly popular, as they offer several advantages over traditional on-premises solutions, including lower upfront costs, greater flexibility, and easier scalability. Cloud-based ERP systems also offer improved data security and accessibility.

Integration with artificial intelligence (AI) and machine learning (ML): Healthcare ERP systems are being integrated with AI and ML technologies to improve patient care, automate processes, and reduce costs. For example, AI-powered chatbots can assist patients in scheduling appointments, accessing medical records, and receiving medical advice.

Focus on interoperability: Interoperability is a key focus in the healthcare ERP market, as healthcare providers seek to integrate data from multiple systems and sources to provide a comprehensive view of patient health. ERP systems that offer seamless integration with other healthcare IT systems are becoming increasingly popular.

Mobile compatibility: Mobile compatibility is becoming increasingly important in the healthcare ERP market, as healthcare providers seek to provide patient care on the go. Mobile-compatible ERP systems offer clinicians the ability to access patient data, schedule appointments, and order medications from their mobile devices.

Personalized medicine: Personalized medicine is a growing trend in healthcare, and healthcare ERP systems are playing an important role in enabling this. ERP systems that integrate with genomic data and offer personalized treatment plans based on patient data are becoming increasingly popular.

Predictive analytics: Predictive analytics is a powerful tool in the healthcare ERP market, allowing healthcare providers to forecast patient outcomes and make more informed decisions about treatment. ERP systems that offer predictive analytics capabilities are in high demand.

Browse market data Tables and Figures spread through 146 Pages and in-depth TOC on Healthcare ERP Market Forecast Report (2022-2028).

Global Healthcare ERP Market Segmentation

By Offering

  • Solutions
  • Services

By Applications

  • Inventory & Material Management
  • Supply Chain & Logistics Management
  • Patient Relationship Management
  • Finance & Billing
  • Others

By End Users

  • Hospitals
  • Clinics
  • Long & Short-Term Facilities
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Questions Answered in the Report:

  • What is the current size and projected growth of the healthcare ERP market, and what factors are driving this growth?
  • What are the different types of healthcare ERP systems available in the market, and what are their respective market shares and growth rates?
  • What are the major trends and challenges facing the healthcare ERP market, and how are market participants responding to these trends and challenges?
  • What are the key features and functionalities of healthcare ERP systems, and how are they being used to improve patient care, reduce costs, and increase efficiency?
  • What are the major applications of healthcare ERP systems, and how are they being used to manage patient data, financial operations, and other aspects of healthcare delivery?
  • What are the major regional markets for healthcare ERP systems, and what are the key drivers and barriers to growth in each region?
  • Who are the major players in the healthcare ERP market, and what are their market shares, competitive strategies, and product portfolios?
  • What are the major regulatory and compliance issues facing the healthcare ERP market, and how are market participants addressing these issues?
  • What are the major technological advancements in the healthcare ERP market, and how are they shaping the future of healthcare delivery?
  • What are the major opportunities and challenges facing the healthcare ERP market in the coming years, and what strategies can market participants adopt to succeed in this dynamic and rapidly evolving market?

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Scope of the Report:    

Report Attributes Details
Market Size in 2021 USD 6.31 Billion
Revenue Forecast by 2028 USD 9.16 Billion
CAGR 6.4% from 2022 to 2028
Base Year 2021
Forecast Year 2022 to 2028
Key Players Allscripts Healthcare LLC, Azalea Health, CentralBOS LLC, CPSI, Deskera, Elinext Group, Focus Softnet Pvt. Ltd., Infor, Infosys Limited, Medical Information Technology Inc., Microsoft, Oracle, Premier, Rootstock Software, Sage Group PLC, SAP, The HCI Group (Tech Mahindra Limited), Wipro Limited, Workday Inc.
Customization Options Customized purchase options are available to meet any research needs. Explore customized purchase options

Regional Overview

  • North America: North America is the largest regional market for healthcare ERP systems, driven by the high adoption of healthcare IT and government initiatives promoting the adoption of electronic health records. The US is the largest market in the region, accounting for the majority of the market share.
  • Europe: Europe is the second-largest regional market for healthcare ERP systems, driven by the increasing demand for cost-effective healthcare solutions and the growing adoption of EHRs. The UK, Germany, and France are the largest markets in the region.
  • Asia Pacific: Asia Pacific is the fastest-growing regional market for healthcare ERP systems, driven by the increasing adoption of healthcare IT and growing demand for cost-effective healthcare solutions. China, India, and Japan are the largest markets in the region.
  • Latin America: Latin America is a growing regional market for healthcare ERP systems, driven by the increasing demand for healthcare IT solutions and the need to improve patient care. Brazil and Mexico are the largest markets in the region.
  • Middle East and Africa: The Middle East and Africa is a developing regional market for healthcare ERP systems, driven by the growing adoption of healthcare IT and the need to improve healthcare delivery. South Africa, Saudi Arabia, and the UAE are the largest markets in the region.

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QSAN Unveils Latest Solutions for AI Era at COMPUTEX 2024

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Introducing Next-Gen NVMe Array and All-New Container Platform
TAIPEI, April 24, 2024 /PRNewswire/ — AI is sweeping the globe, transforming industries and spurring enterprises to adopt AI in business. As companies gear up to seize this incredible opportunity of rapid business growth, upgrading their IT infrastructure is the first step. At COMPUTEX 2024, QSAN will unveil state-of-the-art solutions to assist enterprises in the AI era.

Unparalleled Performance All NVMe Flash ArrayThe next-generation XCubeFAS 5226 is now delivering extremely fast performance. It features low latency, high throughput, and robust IOPs to accelerate demanding workloads for the upcoming AI era.
Innovative Container PlatformThe KubeSwift series is an innovative appliance that empowers SMBs with CaaS (Container as a Service) capabilities. This all-in-one solution streamlines containerized application deployment, management, and scaling, providing a robust foundation for modern IT infrastructures.
High Scalability Enterprise Unified StorageAs artificial intelligence continues to advance, the value of data will grow exponentially, driving the need for expanded storage capacity. XCubeNXT is an enterprise unified storage system with PB-level scalability, high availability, and multi-functional connectivity. It aims to prepare for storing massive amounts of material generated by AI.
Register for QSAN Tech Talk
QSAN will host tech talks to provide insights into storage technology and the future. Professionals will have in-depth discussions on topics such as AI applications, storage technology trends, market analysis, and prediction. Register for tech talk for more forecasts.
Make an Appointment with a QSAN Expert Consultant
Tailor-made storage consulting will also be available at COMPUTEX 2024. For the best chance of accelerating your business, make an appointment with a QSAN expert.
QSAN at 2024 COMPUTEX Information
Event Date: June 4 ~ 7, 2024Event Time: (GMT+8) 9:30 AM ~ 05:30 PMBooth No.: M1435a (AI Computing & System Integration)Location: 4F, Taipei Nangang Exhibition Center, Hall 1 (TaiNEX 1)Address: No.1, Jingmao 2nd Rd., Nangang District, Taipei City 115, Taiwan
QSAN Showroom for Tech Talk and Expert Consultant
Event Date: June 4 ~ 7, 2024Event Time: (GMT+8) 10:00 AM ~ 05:30 PMLocation: QSAN ShowRoomAddress: No. 2, Ln. 1, Fukang St., Nangang District, Taipei City 115, Taiwan
For more information, please visit: www.QSAN.com
Media Contacts Email: [email protected] Address: 4F., No.103, RuiHu Street, NeiHu District, Taipei, Taiwan11494 Phone: +886-2-7720-2118

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Kanazawa University research: Biochemical tails tell a story

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KANAZAWA, Japan, April 24, 2024 /PRNewswire/ — Researchers at Nano Life Science Institute (WPI-NanoLSI), Kanazawa University report in Nano Letters how the use of high-speed atomic force microscopy helps to understand the crucial role played by certain biomolecules in DNA wrapping dynamics.

In plants and animals, the basic packaging units of DNA, which carry genetic information, are the so-called nucleosomes. A nucleosome consists of a segment of DNA wound around eight proteins known as histones. During gene expression (the process lying at the basis of protein production), nucleosomes are involved in various dynamical structural changes, such as nucleosome sliding, DNA unwrapping and other DNA–histone interactions. Of particular importance in these processes are the end structures, or tails, of the histones. Histone tails undergo chemical modifications, changing the histone’s functionality as needed. Detailed studies, and especially visualizations, of nucleosome dynamics are crucial for better understanding the role of histone tails. Mikihiro Shibata from Kanazawa University and colleagues have now succeeded in making video recordings of tail-less nucleosomes, showing that the absence of histone tails significantly increases a nucleosome’s dynamic activity.
The scientists used high-speed atomic force microscopy (HS-AFM), a powerful nanoimaging tool for visualizing molecular structures and their dynamics at high spatial and temporal resolution. For this, the nucleosomes needed to be put onto a substrate. Shibata and colleagues used a film of so-called pillar[5]arenes (molecules with a pentagonal tubular structure) as the substrate, forming an ideal surface as the nucleosomes are easily adsorbed to it without dynamical processes getting suppressed.
The researchers first looked at nucleosomes for which all eight histones lacked tails. Based on their HS-AFM observations, they concluded that nucleosome sliding and DNA unwrapping/rewrapping occurred more often than for normal (canonical) nucleosomes. This suggests that without tails, the histone–DNA interaction is weakened, leading to a situation in which DNA can more easily detach from the histones.
To better understand the roles of specific histone tails, Shibata and colleagues prepared nucleosomes where one type of histone was tailless. There are four different types of histones, called H2A, H2B, H3 and H4. HS-AFM experiments on the nucleosomes revealed that H2B and H3 tail-less nucleosomes showed an increased frequency of dynamics. Conversely, this means that canonical H2B and H3 histones are essential for nucleosome stability.
The scientists point out that they could not observe any actual motion of histone tails — most likely the temporal resolution of the study, 0.3 seconds, was much slower than the rate of the wrapping/unwrapping dynamics of the tails. Despite this limitation, the work of Shibata and colleagues clearly proves that the tails of H2B and H3 histones are the main contributors to nucleosome dynamics. Regarding future work, quoting the researchers, “a technique for tagging histone tail tips might enable HS-AFM to capture the movements of the histone tails themselves.”
Background
High-speed atomic force microscopy
The general principle of atomic force microscopy (AFM) is to make a very small tip scan the surface of a sample. During this horizontal (xy) scan, the tip, which is attached to a small cantilever, follows the sample’s vertical (z) profile, inducing a force on the cantilever that can be measured. The magnitude of the force at the xy position can be related to the z value; the xyz data generated during a scan then result in a height map providing structural information about the investigated sample. In high-speed-AFM (HS-AFM), the working principle is slightly more involved: the cantilever is made to oscillate near its resonance frequency. When the tip is moved around a surface, the variations in the amplitude (or the frequency) of the cantilever’s oscillation — resulting from the tip’s interaction with the sample’s surface — are recorded, as these provide a measure for the local z value. AFM does not involve lenses, so its resolution is not restricted by the so-called diffraction limit as in X-ray diffraction, for example.
HS-AFM results in a video, where the time interval between frames depends on the speed with which a single image can be generated (by xy-scanning the sample). Researchers at Nano Life Science Institute (WPI-NanoLSI), Kanazawa University have in recent years developed HS-AFM further, so that it can be applied to study biochemical molecules and biomolecular processes in real-time. Mikihiro Shibata and colleagues have now applied the method to study nucleosome dynamics in detail, and in particular the role of the molecular endings of histones — proteins that play a crucial role in DNA accessibility.
Reference
Shin Morioka, Takumi Oishi, Suguru Hatazawa, Takahiro Kakuta, Tomoki Ogoshi, Kenichi Umeda, Noriyuki Kodera, Hitoshi Kurumizaka, and Mikihiro Shibata. High-Speed Atomic Force Microscopy Reveals the Nucleosome Sliding and DNA Unwrapping/Wrapping Dynamics of Tail-less Nucleosomes, Nano Letters ,2024.
DOI: 10.1021/acs.nanolett.4c00801https://pubs.acs.org/doi/10.1021/acs.nanolett.4c00801 
https://nanolsi.kanazawa-u.ac.jp/wp/wp-content/uploads/Figure-1-12.png Figure 1.
High-speed atomic force microscopy visualization of nucleosome dynamics with canonical (top) and tail-less (bottom) histones.© 2024 American Chemical Society
ContactHiroe YonedaSenior Specialist in Project Planning and OutreachNanoLSI Administration Office, Nano Life Science Institute (WPI-NanoLSI)Kanazawa UniversityKakuma-machi, Kanazawa 920-1192, JapanEmail: [email protected]: +81 (76) 234-4555
About Nano Life Science Institute (WPI-NanoLSI), Kanazawa University
Understanding nanoscale mechanisms of life phenomena by exploring “uncharted nano-realms”
Cells are the basic units of almost all life forms. We are developing nanoprobe technologies that allow direct imaging, analysis, and manipulation of the behavior and dynamics of important macromolecules in living organisms, such as proteins and nucleic acids, at the surface and interior of cells. We aim at acquiring a fundamental understanding of the various life phenomena at the nanoscale.https://nanolsi.kanazawa-u.ac.jp/en/
About the World Premier International Research Center Initiative (WPI)
The WPI program was launched in 2007 by Japan’s Ministry of Education, Culture, Sports, Science and Technology (MEXT) to foster globally visible research centers boasting the highest standards and outstanding research environments. Numbering more than a dozen and operating at institutions throughout the country, these centers are given a high degree of autonomy, allowing them to engage in innovative modes of management and research. The program is administered by the Japan Society for the Promotion of Science (JSPS).
See the latest research news from the centers at the WPI News Portal: https://www.eurekalert.org/newsportal/WPI
Main WPI program site: www.jsps.go.jp/english/e-toplevel
About Kanazawa University
As the leading comprehensive university on the Sea of Japan coast, Kanazawa University has contributed greatly to higher education and academic research in Japan since it was founded in 1949. The University has three colleges and 17 schools offering courses in subjects that include medicine, computer engineering, and humanities.
The University is located on the coast of the Sea of Japan in Kanazawa – a city rich in history and culture. The city of Kanazawa has a highly respected intellectual profile since the time of the fiefdom (1598-1867). Kanazawa University is divided into two main campuses: Kakuma and Takaramachi for its approximately 10,200 students including 600 from overseas.http://www.kanazawa-u.ac.jp/e/
 
 
 

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Geek+ and System Teknik deploy first PopPick solution in the Nordics for the pharmacy group Med24.dk

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DUSSELDORF, Germany, April 24, 2024 /PRNewswire/ — Geekplus, the global leader in mobile robot and smart logistics solutions, has deployed the first Shelf-to-Person PopPick project in the Nordics for one of the biggest online pharmacy wholesalers in the region, Med24.dk. System Teknik partnered on the Denmark project, which includes three PopPick stations and 30 Shelf-to-Person robots, bringing a flexible solution to a region where fixed automation still dominates.  

“With the rise of e-commerce, Med24.dk had been struggling with huge sales growth coupled with fast delivery demands from customers in Denmark, Norway, Sweden searching for pharmacy, health and beauty products. Peak season events had also caused considerable strain to their operations,” said Blond Shkodrani, channel partner manager for the Nordics at Geekplus. “Due to their overwhelming success, Med24.dk needed a modular, automated order fulfillment solution for fast, efficient order fulfillment.”
The Geekplus modular Shelf-to-Person solution optimizes warehouse operations using mobile robots to transport shelves. In a region where fixed and cubic solutions have been the trend during recent years, Shelf-to-Person handles goods of all sizes while removing the need for infrastructure investment, making it the most flexible response to order fulfillment challenges.
PopPick workstations use two retrieval arms and four presentation locations to present pickers with multiple, moveable 78-tote racks at one time, resulting in an industry-leading throughput of 450 totes per hour. PopPick can store goods of all types and sizes; the solution is not limited to small pieces and improves ergonomics for workers while picking. It also takes up less space than traditional systems, so customers can use more stations without adding facility space.
“We are very pleased to invest in flooring robots from Geekplus,” said Med24.dk CEO Nils Træholt. “We believe that this new and innovative technology can help us realize our growth ambitions, while maintaining good delivery times for the benefit of our customers.”
Morten Kirch, System Teknik’s CSO, added: “Due to Med24.dk’s growth, we are thrilled to be able to deliver a tailor-made, automated solution that matches their needs.”
Geekplus offers a suite of Goods-to-Person mobile order fulfillment solutions — the only comprehensive robotic offering controlled by a single software platform.
“Through trusted partners like System Teknik, we’re showing customers all over Europe that Geekplus truly is a one-stop shop for modular warehouse automation,” Shkodrani said.
Photo – https://mma.prnewswire.com/media/2395198/Med24_Geekplus_PopPick.jpg Logo – https://mma.prnewswire.com/media/2373458/Geekplus_logo.jpg
 
 

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