Global Triage System Market Overview:
The worldwide triage system market is likely to develop in the future as advanced technologies in telehealthcare become more widely adopted. Increased usage of pre-hospital apps is also helping to market expansion, owing to benefits such as improved treatment outcomes, lower costs, improved patient experience, fewer errors, and more proactive care. Various governments are working to improve basic healthcare and digital health education in order to increase their medical services. One of the main factors driving demand for triage systems is this. Many industrialized and developing countries have already invested in triage services in recent years.
Growth Drivers
- Increasing Population And Increasing Prevalence Of Various Emergency Conditions
- Rising Investments By Various Organizations In Order To Improve Healthcare And Network Infrastructure
Roadblocks
- Workload And Highly Stressful Environment For Triage Units
Opportunities
- Increasing Usage Of Triage Applications To Help Paramedics And EMT's (Emergency Medical Technicians)
- Improved Hospital Door-To-Provider Metrics Through Triage Services
Challenges
- Data Overload And Accuracy Concerns
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Vocera Communications (United States), Hinduja Global Solutions Ltd. (India), eConsult (United Kingdom), Nihon Kohden (Japan), Infermedica (Poland), EiT Health (Germany), Allm Inc. (United States), TriageLogic (United States) and Asymmetrik (United States). Analyst at AMA Research see Global Players to retain maximum share of Global Triage System market by 2026. Considering Market by Solution, the sub-segment i.e. Triage Platforms / Applications will boost the Triage System market. Considering Market by End User, the sub-segment i.e. Primary Care Centers will boost the Triage System market.
Latest Market Insights:
On October 12, 2021, Meditation announced that faith-based, nonprofit hospital system Adventist Health has approved the systemwide rollout of KATE™, Mednition’s flagship solution that was designed specifically to support emergency nurses, providing real-time triage guidance, improving quality of care, reducing risk, and increasing emergency department throughput.
On April 3, 2020, TriageLogic Introduces Quick Remote Solutions Using Free Triage Nurse Protocols For COVID-19 Symptomatic Patients., and On Feb 14, 2019, the U.S. Department of Health and Human Services (HHS), Center for Medicare and Medicaid Innovation (Innovation Center), announced a new payment model for emergency ambulance services that aims to allow Medicare Fee-For-Service (FFS) beneficiaries to receive the most appropriate level of care at the right time and place with the potential for lower out-of-pocket costs.
What Can be Explored with the Triage System Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Triage System Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Triage System
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Triage System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Triage System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Triage System Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.