Royal Philips, a global leader in health technology has introduced Philips Medical Tablet, an end-to-end, portable, and easy-to-implement monitoring kit engineered to monitor large patient populations.

Amsterdam. The Medical Tablet developed by Royal Philips enable remote access of patient monitoring information integrating with IntelliVue XDS software, allowing clinicians to provide remote care to patients. The patient management software is easy to deploy and integrate into existing clinical structures and workflow. Besides, with the assistance of Philips Medical Tablet, clinicians face less exposure to infected patients and increase efficiency through less PPE changing, ultimately enhancing patient and clinician safety. The Medical Tablet can also be utilized to display patient information through clinical decision support tools, where can act as a clinical workspace allowing clinicians to interact across different platforms.

In an effort to alleviate the challenges created by the global pandemic, Royal Philips has designed remote and easy transferable tool essential for providing quality care. The company has been expanding its services, growing its delivery of care and integrated solutions such as connected patient monitoring and telehealth.

Royal Philips is a leading healthcare technology company focused on leveraging advanced technology and consumer insights to deliver integrated solutions. Royal Philips generated sales of EUR 19.5 billion and employs approx. 82,000 employees, expanding sales and services across 100 countries.

Addressing the launch of medical tablet, the general manager of monitoring analytics at Philips said, “As clinicians work to navigate increased workloads, safety concerns, and transitions to remote care settings, they require solutions that map to these increasingly challenging circumstances. The Philips Medical Tablet with IntelliVue XDS software gives clinicians critical patient data like vital signs and clinical decision support applications right at their fingertips, empowering them to make informed care decisions no matter where they are.”

TechSci research said, “The COVID-19 pandemic health crisis directed a lot of attention towards the digital health community for providing optimum health solutions. Among other virtual reality solutions, medical software is a leading solution of digital transformation in healthcare. Enabling a customer-centred digital healthcare system, the patient management software creates an information space that is scalable and can be employed in both clinical institutions and remotely, thereby benefits all the stakeholders. Rise in incidences of diseases and increased digitalization can further accelerate the growth of global hospital management software in the coming years.”

According to Techsci Research on “Global Hospital Management Software Market By Product (Integrated v/s Standalone), By Deployment Mode (On-Premise v/s Cloud), By Type of Software (Patient Registration Software, Inventory Management Software, Scheduling Software, OT Management Software, Laboratory Management Software, HR Management Software, Billing, Laboratory Equipment Management, Others), By Application (Hospitals, Clinics, Others), By Region, Competition, Forecast & Opportunities, 2025”, the global hospital management software market was valued at USD 25 billion in 2019 and is expected to grow at a CAGR of more than 9% during 2020 - 2025. The global hospital management software market is driven by the increasing prevalence of diseases, especially chronic diseases such as cancer, diabetes, renal diseases, among others. This has drastically increased the number of patients and increased the related data. Hence, increasing need to handle and effectively manage such large volumes of data is driving the growth of market. Furthermore, increasing expenditure by the key vendors operating in the industry is anticipated to positively impact the growth of market over the next few years.

According to TechSci research on “Global Electronic Health Records (EHR) Market By Product (On-premise Based & Web/Cloud Based), By Component (Practice Management, Patient Management, E-Prescription, Referral Management, and Population Health Management), By End User (Hospitals, Specialty Centers, Clinics, and Ambulatory Surgical Centers), By Region, Competition, Forecast & Opportunities, 2025”, the global Electronic Health Records (EHR) market is forecast to grow from an estimated $ 30 billion in 2020 to $ 40 billion by 2025. Growth in the market is anticipated on account of rising demand for centralization and streamlining of electronic healthcare systems, technological advancements in the field of healthcare IT, and increasing awareness about the use and importance of EHR. Moreover, increasing government funding and expenditure for the development of healthcare IT solution are promoting the adoption of electronic health records, globally.