Medical Document Management - Global Market Outlook (2017-2023)

August 2017 | 134 pages | ID: M6965115F84EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC,the Global Medical Document Management Market is accounted for $286.6 million in 2016 and expected to grow at a CAGR of 15.5% to reach $789.9 million by 2023. The Factors such as demand for advanced monitoring systems for patients in hospitals and clinics, increase in spending on healthcare BI and analytics solutions and growing need to streamline billing systems are driving the market growth. However, reluctance of physicians, nurses and other medical staff to change their methods and high cost of implementation hampers the growth of medical document management market. Mobile platforms for document management systems offer new opportunities for industry players.

The Health Care sector provides significant opportunities for Document Imaging software. Implementing document imaging technology in healthcare facilities can yield many benefits such as converting archival and working records to an electronic format can help healthcare entities harness the exploding amount of information and faster access, retrieval and distribution of patient information.

Medical practices have a lot of documentation that require maintenance, updates, and filing on a regular basis. Medical practices use a specialized EDM referred to as an Electronic Medical Records (EMR) System. For instance, 3M™ Electronic Signature Authentication (ESA) Software speeds chart completion time by allowing clinicians to view, edit and complete and electronically sign patient documents.

Hospital wide electronic document management system helps patients by streamlining billing. Bills are one of the most stressful parts of being hospitalized. The quicker and more accurately patients’ claim forms are submitted, the sooner patients can understand the billing process. 3M PFS Document Management can be integrated with 3M™ ChartScan™ Software to provide a comprehensive solution for capturing and transmitting documents from other departments, complementing the document management strategy and EHR processes. Medical Document Management Software is a must-have for hospitals so that records of each patient can be stored electronically and one can quickly see through a patient’s details in just a click. It reduces the mess of paper work and cost of keeping employees for calculation work. Therefore, Medical Document Management Software is felicity to hospital management and staff.

North America dominates in terms of revenue attributing to the HIPPA and the ARRA (American Recovery and Reinvestment Act, 2009). Growing demand for software-based technologies such as OmniDocs, Nuxeo, and LogicalDOC is responsible for its large market share. However, Asia Pacific region is anticipated to be the fastest growing region during the forecast period due to increasing government initiatives to adopt e-Health, rising healthcare expenditure and development in healthcare infrastructure.

The key players in global Medical Document Management market are GE Healthcare, Allscripts Healthcare Solutions, 3M Company, Siemens Medical Solutions USA, Inc, Toshiba Medical Systems Corporation, Cerner Corporation, Kofax Ltd, EPIC Systems, Hyland Software and McKesson Corporation.

Delivery Modes Covered:

• Cloud-Based Model
• On-Premise Model
• Web-Based Solutions

Applications Covered:

• Admission And Registration Documents Management
• Image Management
• Patient Billing Documents Management
• Patient Medical Records Management

Products Covered:

• Medical Document Management Services
• Medical Document Management Solutions

End Users Covered:

• Nursing Homes
• Insurance Providers
• Hospitals & Clinics
• Other Health Care Institutions

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
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• 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

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 Application Analysis
3.7 Product Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario

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 MEDICAL DOCUMENT MANAGEMENT MARKET, BY DELIVERY MODE

5.1 Introduction
5.2 Cloud-Based Model
5.3 On-Premise Model
5.4 Web-Based Solutions

6 GLOBAL MEDICAL DOCUMENT MANAGEMENT MARKET, BY APPLICATION

6.1 Introduction
6.2 Admission And Registration Documents Management
6.3 Image Management
6.4 Patient Billing Documents Management
6.5 Patient Medical Records Management

7 GLOBAL MEDICAL DOCUMENT MANAGEMENT MARKET, BY PRODUCT

7.1 Introduction
7.2 Medical Document Management Services
  7.2.1 Product Support Services
    7.2.1.1 Education & Training Services
    7.2.1.2 Maintenance, Support & Optimization Services
    7.2.1.3 Implementation And Integration Services
  7.2.2 Documents Scanning and Management Services
7.3 Medical Document Management Solutions
  7.3.1 Integrated Medical Document Management Solution
  7.3.2 Standalone Medical Document Management Solution
    7.3.2.1 Electronic Medical Document Management Software
    7.3.2.2 Medical Record Scanning Software

8 GLOBAL MEDICAL DOCUMENT MANAGEMENT MARKET, BY END USER

8.1 Introduction
8.2 Nursing Homes
8.3 Insurance Providers
8.4 Hospitals & Clinics
8.5 Other Health Care Institutions
  8.5.1 Rehabilitation Centers
  8.5.2 Long Term Care Centers

9 GLOBAL MEDICAL DOCUMENT MANAGEMENT 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 GE Healthcare
11.2 Allscripts Healthcare Solutions
11.3 3M Company
11.4 Siemens Medical Solutions USA, Inc
11.5 Toshiba Medical Systems Corporation
11.6 Cerner Corporation
11.7 Kofax Ltd
11.8 EPIC Systems
11.9 Hyland Software
11.10 McKesson Corporation

List Of Tables

LIST OF TABLES

Table 1 Global Medical Document Management Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Medical Document Management Market Outlook, By Delivery Mode (2014-2023) ($MN)
Table 3 Global Medical Document Management Market Outlook, By Cloud-Based Model (2014-2023) ($MN)
Table 4 Global Medical Document Management Market Outlook, By On-Premise Model (2014-2023) ($MN)
Table 5 Global Medical Document Management Market Outlook, By Web-Based Solutions (2014-2023) ($MN)
Table 6 Global Medical Document Management Market Outlook, By Application (2014-2023) ($MN)
Table 7 Global Medical Document Management Market Outlook, By Admission And Registration Documents Management (2014-2023) ($MN)
Table 8 Global Medical Document Management Market Outlook, By Image Management (2014-2023) ($MN)
Table 9 Global Medical Document Management Market Outlook, By Patient Billing Documents Management (2014-2023) ($MN)
Table 10 Global Medical Document Management Market Outlook, By Patient Medical Records Management (2014-2023) ($MN)
Table 11 Global Medical Document Management Market Outlook, By Product (2014-2023) ($MN)
Table 12 Global Medical Document Management Market Outlook, By Medical Document Management Services (2014-2023) ($MN)
Table 13 Global Medical Document Management Market Outlook, By Product Support Services (2014-2023) ($MN)
Table 14 Global Medical Document Management Market Outlook, By Documents Scanning and Management Services (2014-2023) ($MN)
Table 15 Global Medical Document Management Market Outlook, By Medical Document Management Solutions (2014-2023) ($MN)
Table 16 Global Medical Document Management Market Outlook, By End User (2014-2023) ($MN)
Table 17 Global Medical Document Management Market Outlook, By Nursing Homes (2014-2023) ($MN)
Table 18 Global Medical Document Management Market Outlook, By Insurance Providers (2014-2023) ($MN)
Table 19 Global Medical Document Management Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 20 Global Medical Document Management Market Outlook, By Other Health Care Institutions (2014-2023) ($MN)
Table 21 Global Medical Document Management Market Outlook, By Rehabilitation Centers (2014-2023) ($MN)
Table 22 Global Medical Document Management Market Outlook, By Long Term Care Centers (2014-2023) ($MN)
Table 23 North America Medical Document Management Market Outlook, By Country (2014-2023) ($MN)
Table 24 North America Medical Document Management Market Outlook, By Delivery Mode (2014-2023) ($MN)
Table 25 North America Medical Document Management Market Outlook, By Cloud-Based Model (2014-2023) ($MN)
Table 26 North America Medical Document Management Market Outlook, By On-Premise Model (2014-2023) ($MN)
Table 27 North America Medical Document Management Market Outlook, By Web-Based Solutions (2014-2023) ($MN)
Table 28 North America Medical Document Management Market Outlook, By Application (2014-2023) ($MN)
Table 29 North America Medical Document Management Market Outlook, By Admission And Registration Documents Management (2014-2023) ($MN)
Table 30 North America Medical Document Management Market Outlook, By Image Management (2014-2023) ($MN)
Table 31 North America Medical Document Management Market Outlook, By Patient Billing Documents Management (2014-2023) ($MN)
Table 32 North America Medical Document Management Market Outlook, By Patient Medical Records Management (2014-2023) ($MN)
Table 33 North America Medical Document Management Market Outlook, By Product (2014-2023) ($MN)
Table 34 North America Medical Document Management Market Outlook, By Medical Document Management Services (2014-2023) ($MN)
Table 35 North America Medical Document Management Market Outlook, By Product Support Services (2014-2023) ($MN)
Table 36 North America Medical Document Management Market Outlook, By Documents Scanning and Management Services (2014-2023) ($MN)
Table 37 North America Medical Document Management Market Outlook, By Medical Document Management Solutions (2014-2023) ($MN)
Table 38 North America Medical Document Management Market Outlook, By End User (2014-2023) ($MN)
Table 39 North America Medical Document Management Market Outlook, By Nursing Homes (2014-2023) ($MN)
Table 40 North America Medical Document Management Market Outlook, By Insurance Providers (2014-2023) ($MN)
Table 41 North America Medical Document Management Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 42 North America Medical Document Management Market Outlook, By Other Health Care Institutions (2014-2023) ($MN)
Table 43 North America Medical Document Management Market Outlook, By Rehabilitation Centers (2014-2023) ($MN)
Table 44 North America Medical Document Management Market Outlook, By Long Term Care Centers (2014-2023) ($MN)
Table 45 Europe Medical Document Management Market Outlook, By Country (2014-2023) ($MN)
Table 46 Europe Medical Document Management Market Outlook, By Delivery Mode (2014-2023) ($MN)
Table 47 Europe Medical Document Management Market Outlook, By Cloud-Based Model (2014-2023) ($MN)
Table 48 Europe Medical Document Management Market Outlook, By On-Premise Model (2014-2023) ($MN)
Table 49 Europe Medical Document Management Market Outlook, By Web-Based Solutions (2014-2023) ($MN)
Table 50 Europe Medical Document Management Market Outlook, By Application (2014-2023) ($MN)
Table 51 Europe Medical Document Management Market Outlook, By Admission And Registration Documents Management (2014-2023) ($MN)
Table 52 Europe Medical Document Management Market Outlook, By Image Management (2014-2023) ($MN)
Table 53 Europe Medical Document Management Market Outlook, By Patient Billing Documents Management (2014-2023) ($MN)
Table 54 Europe Medical Document Management Market Outlook, By Patient Medical Records Management (2014-2023) ($MN)
Table 55 Europe Medical Document Management Market Outlook, By Product (2014-2023) ($MN)
Table 56 Europe Medical Document Management Market Outlook, By Medical Document Management Services (2014-2023) ($MN)
Table 57 Europe Medical Document Management Market Outlook, By Product Support Services (2014-2023) ($MN)
Table 58 Europe Medical Document Management Market Outlook, By Documents Scanning and Management Services (2014-2023) ($MN)
Table 59 Europe Medical Document Management Market Outlook, By Medical Document Management Solutions (2014-2023) ($MN)
Table 60 Europe Medical Document Management Market Outlook, By End User (2014-2023) ($MN)
Table 61 Europe Medical Document Management Market Outlook, By Nursing Homes (2014-2023) ($MN)
Table 62 Europe Medical Document Management Market Outlook, By Insurance Providers (2014-2023) ($MN)
Table 63 Europe Medical Document Management Market Outlook, By Hospitals & Clinics (2014-2023) ($MN)
Table 64 Europe Medical Document Management Market Outlook, By Other Health Care Institutions (2014-2023) ($MN)
Table 65 Europe Medical Document Management Market Outlook, By Rehabilitation Centers (2014-2023) ($MN)
Table 66 Europe Medical Document Management Market Outlook, By Long Term Care Centers (2014-2023) ($MN)
Note: Asia Pacific, South America and Middle East & Africa are represented in above manner.