Practice Management Systems Market Forecasts to 2028 – Global Analysis By Product (Integrated, Standalone), Component (Hardware, Services, Software), End User (Diagnostic Laboratories, Hospitals) and By Geography

September 2021 | 150 pages | ID: PAE59BC5C756EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Practice Management Systems Market is accounted for $297.36 million in 2020 and is expected to reach $623.65 million by 2028 growing at a CAGR of 9.7% during the forecast period. Rising incidences of medication errors, firm government support in the form of incentives, and high return on investment are the major factors propelling the market growth. However, high maintenance expenses, interoperability issues, concerns regarding data privacy, and lack of awareness about software in emerging nations are hampering the market growth.

Practice management system (PMS) helps manage the daily operations of an organization. They enable co-ordination in organizational tasks and process through improved workflows. Practice management systems allow healthcare professionals to focus on offering quality care by lowering the administrative burden. Moreover, the solution automates day-to-day patient activities, leading to increased efficiency, productivity, and profitability. Integrated practice management solutions allow physician to share and connect to electronic health records enabling generation of full analyzed patient report.

Based on delivery mode, the cloud-based segment is estimated to have a lucrative growth due to its lower installation cost than the on-premises systems and this software eradicates the need for in-house maintenance, which is expected to be the prime factor driving their increasing demand. This delivery model makes the software prominently flexible, regarding scalability or pay-as-you-go storage utilization. It simplifies and consolidates storage resources to scale back costs and enhance workflow, by eliminating departmental silos of clinical information. The cloud vendor provides all the off-premise system support resources. The cloud infrastructure also guarantees true disaster recovery and business continuity solutions, to support the quality of patient care. Hence, cloud-based services are expected to continue to witness a significant demand.

By geography, North America is going to have a lucrative growth during the forecast period due to the rising geriatric population and presence of better healthcare infrastructure in the region. Government funding is likely to speed up the adoption of medical practice management by healthcare providers and change the way players operate, across the sector. Hence, the increasing adoption of a patient-centric approach by healthcare payers, the need to increase the efficiency of current medical practices and institutions, time and resources saving in the long run, and high return on investments are the major factors driving the market in the region during the forecast period.

Some of the key players profiled in the Practice Management Systems Market include Allscripts Healthcare Solutions, Inc., Athena Health, Cerner Corporation, Epic, eClinicalWorks, GE Healthcare, McKesson Corporation, Medical Information Technology, Inc., Nextgen Healthcare Information System, LLC., Henry Schein, Inc, MEDITECH, Greenway Medical, MediTouch, AdvantEgde Healthcare Solutions, and Practice Fusion.

Products Covered:

• Integrated
• Standalone

Delivery Modes Covered:

• Cloud-based
• On-premises
• Web-based

Components Covered:

• Hardware
• Services
• Software

End Users Covered:

• Diagnostic Laboratories
• Hospitals
• Pharmacists
• Physicians

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
• Comprehensive profiling of additional market players (up to 3)
• SWOT Analysis of key players (up to 3)
• Regional Segmentation
• Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
• Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL PRACTICE MANAGEMENT SYSTEMS MARKET, BY PRODUCT

5.1 Introduction
5.2 Integrated
5.3 Standalone

6 GLOBAL PRACTICE MANAGEMENT SYSTEMS MARKET, BY DELIVERY MODE

6.1 Introduction
6.2 Cloud-based
6.3 On-premises
6.4 Web-based

7 GLOBAL PRACTICE MANAGEMENT SYSTEMS MARKET, BY COMPONENT

7.1 Introduction
7.2 Hardware
7.3 Services
7.4 Software
  7.4.1 Desktop-only
  7.4.2 Client-server
  7.4.3 Internet-based

8 GLOBAL PRACTICE MANAGEMENT SYSTEMS MARKET, BY END USER

8.1 Introduction
8.2 Diagnostic Laboratories
8.3 Hospitals
8.4 Pharmacists
8.5 Physicians

9 GLOBAL PRACTICE MANAGEMENT SYSTEMS MARKET, BY GEOGRAPHY

9.1 Introduction
9.2 North America
  9.2.1 US
  9.2.2 Canada
  9.2.3 Mexico
9.3 Europe
  9.3.1 Germany
  9.3.2 UK
  9.3.3 Italy
  9.3.4 France
  9.3.5 Spain
  9.3.6 Rest of Europe
9.4 Asia Pacific
  9.4.1 Japan
  9.4.2 China
  9.4.3 India
  9.4.4 Australia
  9.4.5 New Zealand
  9.4.6 South Korea
  9.4.7 Rest of Asia Pacific
9.5 South America
  9.5.1 Argentina
  9.5.2 Brazil
  9.5.3 Chile
  9.5.4 Rest of South America
9.6 Middle East & Africa
  9.6.1 Saudi Arabia
  9.6.2 UAE
  9.6.3 Qatar
  9.6.4 South Africa
  9.6.5 Rest of Middle East & Africa

10 KEY DEVELOPMENTS

10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 COMPANY PROFILING

11.1 Allscripts Healthcare Solutions, Inc.
11.2 Athena Health
11.3 Cerner Corporation
11.4 Epic
11.5 eClinicalWorks
11.6 GE Healthcare
11.7 McKesson Corporation
11.8 Medical Information Technology, Inc.
11.9 Nextgen Healthcare Information System, LLC.
11.10 Henry Schein, Inc
11.11 MEDITECH
11.12 Greenway Medical
11.13 MediTouch
11.14 AdvantEgde Healthcare Solutions
11.15 Practice Fusion

List Of Tables

LIST OF TABLES

Table 1 Global Practice Management Systems Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)
Table 3 Global Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)
Table 4 Global Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)
Table 5 Global Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)
Table 6 Global Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)
Table 7 Global Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)
Table 8 Global Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)
Table 9 Global Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)
Table 10 Global Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)
Table 11 Global Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)
Table 12 Global Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)
Table 13 Global Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)
Table 14 Global Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)
Table 15 Global Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)
Table 16 Global Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)
Table 17 Global Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)
Table 18 Global Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)
Table 19 Global Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)
Table 20 Global Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)
Table 21 North America Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)
Table 22 North America Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)
Table 23 North America Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)
Table 24 North America Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)
Table 25 North America Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)
Table 26 North America Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)
Table 27 North America Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)
Table 28 North America Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)
Table 29 North America Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)
Table 30 North America Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)
Table 31 North America Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)
Table 32 North America Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)
Table 33 North America Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)
Table 34 North America Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)
Table 35 North America Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)
Table 36 North America Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)
Table 37 North America Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)
Table 38 North America Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)
Table 39 North America Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)
Table 40 North America Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)
Table 41 Europe Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)
Table 42 Europe Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)
Table 43 Europe Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)
Table 44 Europe Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)
Table 45 Europe Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)
Table 46 Europe Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)
Table 47 Europe Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)
Table 48 Europe Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)
Table 49 Europe Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)
Table 50 Europe Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)
Table 51 Europe Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)
Table 52 Europe Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)
Table 53 Europe Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)
Table 54 Europe Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)
Table 55 Europe Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)
Table 56 Europe Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)
Table 57 Europe Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)
Table 58 Europe Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)
Table 59 Europe Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)
Table 60 Europe Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)
Table 61 Asia Pacific Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)
Table 62 Asia Pacific Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)
Table 63 Asia Pacific Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)
Table 64 Asia Pacific Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)
Table 65 Asia Pacific Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)
Table 66 Asia Pacific Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)
Table 67 Asia Pacific Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)
Table 68 Asia Pacific Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)
Table 69 Asia Pacific Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)
Table 70 Asia Pacific Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)
Table 71 Asia Pacific Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)
Table 72 Asia Pacific Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)
Table 73 Asia Pacific Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)
Table 74 Asia Pacific Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)
Table 75 Asia Pacific Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)
Table 76 Asia Pacific Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)
Table 77 Asia Pacific Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)
Table 78 Asia Pacific Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)
Table 79 Asia Pacific Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)
Table 80 Asia Pacific Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)
Table 81 South America Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)
Table 82 South America Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)
Table 83 South America Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)
Table 84 South America Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)
Table 85 South America Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)
Table 86 South America Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)
Table 87 South America Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)
Table 88 South America Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)
Table 89 South America Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)
Table 90 South America Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)
Table 91 South America Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)
Table 92 South America Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)
Table 93 South America Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)
Table 94 South America Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)
Table 95 South America Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)
Table 96 South America Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)
Table 97 South America Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)
Table 98 South America Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)
Table 99 South America Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)
Table 100 South America Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)
Table 101 Middle East & Africa Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)
Table 102 Middle East & Africa Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)
Table 103 Middle East & Africa Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)
Table 104 Middle East & Africa Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)
Table 105 Middle East & Africa Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)
Table 106 Middle East & Africa Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)
Table 107 Middle East & Africa Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)
Table 108 Middle East & Africa Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)
Table 109 Middle East & Africa Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)
Table 110 Middle East & Africa Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)
Table 111 Middle East & Africa Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)
Table 112 Middle East & Africa Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)
Table 113 Middle East & Africa Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)
Table 114 Middle East & Africa Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)
Table 115 Middle East & Africa Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)
Table 116 Middle East & Africa Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)
Table 117 Middle East & Africa Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)
Table 118 Middle East & Africa Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)
Table 119 Middle East & Africa Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)
Table 120 Middle East & Africa Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)