March 28, 2020

Medical Practice Management Software Market Is Expected To Reach US$ 560.8 Mn By 2026

The latest market report published by Credence Research, Inc. “Global Medical Practice Management Software Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global market for medical practice management software was valued at US$ 230.8 million in 2017 and is expected to reach US$ 560.8 million by 2026, increasing to CAGR by 10.6 per cent from 2018 to 2026.

Market Insights

According to the latest research cited by the World Health Organization (WHO), by 2020 chronic diseases will account for 75% of worldwide deaths. Chronic disease can be prevented by early consultation and medical intervention of healthcare providers worldwide. In the last decade, IT-enabled solutions and services have undergone a technical revolution that has provided excellent healthcare services. Medical practice management software integrates physicians, pharmacists, nurses and patients on a single platform to counteract the exorbitant economic burden of delayed healthcare services.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/medical-practice-management-software-market

Currently standalone software are representing the largest market share in the product segment for medical practice management software market. Capability to perform activities offline, simplicity and easy to operate are few positive features which garner attraction among healthcare providers throughout the globe. Integrated software will be dominating in the near future on account of the mandate sanctioned by global healthcare authorities to integrate the electronic health records (HER) of patients with multiple medical centers. It drastically reduces economic burden associated with healthcare.

Web based solutions are currently leading the delivery segment for medical practice management software market. The inherent features of web based solutions are user friendly interface, dashboards, reports and interactive screens available to promote smooth execution of daily operations. Cloud based solutions are becoming popular on account of its beneficial features such as large storage capacity, flexibility to provide access to multiple users in real time mode and low maintenance cost.

In the present scenario North America is reigning the regional segment for medical practice management software market. Domicile of key players such as Allscripts Healthcare Solutions, Inc., EPIC Systems and eClinicalWorks and availability of trained healthcare professionals drive the medical practice management software market in North America. Mandatory requirement of maintaining electronic health records of the patients and flourishing medical industry propel the market growth in Europe. Asia Pacific serve as a lucrative market on account of rampant growth of IT enabled services sector and increasing number of medical centers in the urban areas. Middle East & Africa and LATAM are showing steady progress due to government initiatives in revamping healthcare infrastructure and market expansion by key players.

Software based companies providing healthcare services are Allscripts Healthcare Solutions, Inc., AthenaHealth, Cerner Corporation, EPIC Systems, eClinicalWorks, GE Healthcare, Greenway Health LLC, McKesson Corporation, Meditech and Vitera Healthcare Solutions.

Key Market Movements:

  • Increasing demand to maintain electronic health records of patients worldwide
  • Availability of diverse range of web applications which are employed to perform day to day operation in medical practice management
  • Cloud based applications are useful in integrating different users at the same time and has low maintenance cost

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59454

 [Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Product Type

 • Standalone

 • Integrated

 By Delivery Mode Type

 • On Premise

 • Web Based

 • Cloud Based

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Key questions answered in this report

  • How is the organic and inorganic market growth strategies are employed to assess the medical practice management software market performance?
  • Who are the major software companies providing e-healthcare services?
  • What is the demand and supply chain associated with the medical practice management software market?
  • What are the latest innovation features and apps provided by software companies providing e-healthcare services?
  • Which is the largest and fastest growing product segment for medical practice management software market?
  • Which is the largest and fastest growing delivery mode segment for medical practice management software market?
  • Which is the largest and fastest growing regional segment for medical practice management software market?

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59454

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