Global Practice Management System Market - Forecasts from 2018 to 2023

February 2018 | 101 pages | ID: GDB4D5CE264EN
Knowledge Sourcing Intelligence LLP

Abstracts

The global practice management system market is expected to grow to US$9.409 billion by end of the forecast period, increasing from US$5.805 billion in 2017, at a CAGR of 8.38%. The growth of the global practice management system market is mainly driven by increasing number of medical centres and hospitals. The advancements in cloud-based and web-based systems is enabling firms to introduce cost-effective and efficient solutions. The cloud-based system is expected to grow at a significant rate during the forecast period. The global Practice Management System industry will be restrained by strict patient confidentiality laws in several countries and lack of skilled workforce.

By Products Type

Integrated practice management systems accounted for major share of the market in 2017. These systems provide comprehensive solutions for e-prescription, patient engagement, and other software along with the billing systems. This segment is expected to witness continuous growth during the forecast period due to increase in digitalization across various regions and consolidation in the healthcare industry.

By Deployment Model

The Cloud-based segment is expected to grow at the fastest rate during the forecast period. The cloud-based solutions are gaining popularity due to low-cost and remote accessibility. Companies like CareCloud are introducing cloud-based solutions to take advantage of the fast-growing demand for these solutions. The web-based segment is gaining popularity and expected to witness a significant growth rate during the forecast period.

By End User

Physician segment of the global practice management system held significant share during 2017 and is expected to grow at a moderate rate during the forecast period. The hospital and medical centres segment are expected to witness the fastest growth rate during the forecast period due to increase in the number of hospitals and medical centres in various developing countries aided by favourable government policies.

By Geography

North America is a major market for practice management system due to high patient awareness, increase in demand for medical services by aging population. Various companies in North America and Europe are launching cloud-based and web-based practice management systems that enables companies to handle off-shore operation. Demand for these systems is also expected to surge owing to large population with health insurance.

Competitive Insights

North America is a major market for PM system due to high patient awareness, increase in demand for medical services by aging population. Various companies in North America and Europe are launching Cloud-based and web-based PM systems that enable companies to handle operation far off-shore. Demand for PM system is also expected to rise in the region owing to the large population with health insurance.

Segmentation

In this report, the global practice management system market is segmented on basis of products, delivery mode, end-user and various geographic regions:

By Products

• Integrated Practice Management System
• Standalone Practice Management System

By Delivery Mode

• On-premise
• Web-based
• Cloud-Based

By End-User

• Physicians
• Pharmacists
• Diagnostic Labs
• Others

By Geographic Regions

North America

• U.S.
• Canada
• Mexico
• Others

South America

• Brazil
• Argentina
• Others

Europe

• Germany
• France
• Spain
• United Kingdom
• Others

Middle East and Africa

• UAE
• Israel
• South Africa
• Others

Asia Pacific

• China
• India
• Japan
• Australia
• Others

Contents

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. GLOBAL PRACTICE MANAGEMENT SYSTEM MARKET MARKET BY PRODUCT

5.1. Integrated Practice Management System
5.2. Standalone Practice Management System

6. GLOBAL PRACTICE MANAGEMENT SYSTEM MARKET MARKET BY DELIVERY MODE

6.1. On-premise
6.2. Web-based
6.3. Cloud-based

7. GLOBAL PRACTICE MANAGEMENT SYSTEM MARKET MARKET BY END-USER

7.1. Physicians
7.2. Pharmacists
7.3. Diagnostics
7.4. Others

8. GLOBAL PRACTICE MANAGEMENT SYSTEM MARKET MARKET BY GEOGRAPHY

8.1. North America
  8.1.1. USA
  8.1.2. Canada
  8.1.3. Mexico
  8.1.4. Others
8.2. South America
  8.2.1. Brazil
  8.2.2. Argentina
  8.2.3. Others
8.3. Europe
  8.3.1. Germany
  8.3.2. France
  8.3.3. Italy
  8.3.4. Spain
  8.3.5. United Kingdom
  8.3.6. Others
8.4. Middle East and Africa
  8.4.1. UAE
  8.4.2. Israel
  8.4.3. South Africa
  8.4.4. Others
8.5. Asia Pacific
  8.5.1. China
  8.5.2. India
  8.5.3. Japan
  8.5.4. Australia
  8.5.5. Others

9. COMPETITIVE INTELLIGENCE

9.1. Market Share Analysis
9.2. Investment Analysis
9.3. Recent Deals
9.4. Strategies of Key Players

10. COMPANY PROFILES

10.1. Henry Schein Medical Systems, Inc.
  10.1.1. Company Overview
  10.1.2. Financials
  10.1.3. Products and Services
  10.1.4. Recent Developments
10.2. AdvantEdge Healthcare Solutions
  10.2.1. Company Overview
  10.2.2. Financials
  10.2.3. Products and Services
  10.2.4. Recent Developments
10.3. Athenahealth, Inc.
  10.3.1. Company Overview
  10.3.2. Financials
  10.3.3. Products and Services
  10.3.4. Recent Developments
10.4. Cerner Corporation
  10.4.1. Company Overview
  10.4.2. Financials
  10.4.3. Products and Services
  10.4.4. Recent Developments
10.5. GE Healthcare
  10.5.1. Company Overview
  10.5.2. Financials
  10.5.3. Products and Services
  10.5.4. Recent Developments
10.6. Mckesson Corporation
  10.6.1. Company Overview
  10.6.2. Financials
  10.6.3. Products and Services
  10.6.4. Recent Developments
10.7. Quality Systems, Inc.
  10.7.1. Company Overview
  10.7.2. Financials
  10.7.3. Products and Services
  10.7.4. Recent Developments
10.8. eClinicalWorks LLC
  10.8.1. Company Overview
  10.8.2. Financials
  10.8.3. Products and Services
  10.8.4. Recent Developments
10.9. CareCloud Corporation
  10.9.1. Company Overview
  10.9.2. Financials
  10.9.3. Products and Services
  10.9.4. Recent Developments
10.10. AdvancedMD, Inc.
  10.10.1. Company Overview
  10.10.2. Financials
  10.10.3. Products and Services
  10.10.4. Recent Developments