Clinical Practice Management Software Market to Grow at 15.2% CAGR Between 2017 and 2023

Market Overview:
Clinical practice management software is defined as a healthcare management software that offers a wide range of application for healthcare management. A new report on the global Clinical Practice Management Software Market, published by Market Research Future (MRFR), estimates that this market can earn profits at 15.2% CAGR during the forecast period (2017-2023).
The most significant market driver for the global clinical practice management software market is extensive demand of this software by hospitals and large number. Other market drivers that enable the growth of the global clinical practice management software market include increasing role of information technology (IT) in healthcare sector, a large number of healthcare IT companies providing client-specific or customized software solutions, burgeoning healthcare sector worldwide, demand for artificial intelligence (AI)-based intelligent software, availability of user-friendly software solutions, and improving operations of caregiving facilities. However, the high cost of this software can cause glitches in the global clinical practice management software market.  
Key Players
·         Allscripts
·         Cerner Corporation
·         Cognizant
·         Dell
·         Epic Systems Corporation
·         GE Electronic
·         Koninklijke Philips N.V.
·         McKesson Corporation
·         Optum Inc
·         Siemens Ltd
·         Xerox Corporation
Market Segmentation
The segmentation of the global clinical practice management software market encompasses deployment, end-user, and type. MRFR’s research on the market highlights many facets of the market in-depth.
The deployment-based segmentation of this market covers on-premise deployment, web-based deployment, and cloud-based deployment. By end-user, the market includes clinics, hospitals, laboratories, pharmacy, and others. By type, the market comprises standalone and integrated.    
Regional Segmentation
A geographical outlining of the global clinical practice management software market covers North America, Europe, Asia Pacific, and the Middle East & Africa (MEA).
North America is the largest regional market due to demand of user-friendly software, extensive use of clinical practice management software in hospitals, technological advancement, the importance of electronic medical records, and presence of a many healthcare IT companies in this region. USA and Canada are the biggest revenue-generating markets in this region.
Due to increasing demand for patient management software solutions, Europe is the second-largest and very lucrative regional market for clinical practice management software. The availability of advanced medical facilities makes Western Europe is the larger regional market segment compared to Eastern Europe. Other factors flourishing the market in this region include the resurging economy, high density of population, increasing healthcare facilities, availability of advanced medical facilities, and increased funding in the rising numbers of specialty services (in the medical sector) offered by various healthcare providers. The biggest contributors to the market revenue in this region are France, Germany, Italy, Spain, and the UK. Research on the remaining countries in Western Europe featured in this report estimate the strong addition to market revenue from various other countries in this region, along with sizable revenue contribution from Eastern Europe.
The Asia Pacific region is the fastest-growing regional market, followed by the MEA region. In this region, the market is expanding due to increasing awareness about the use of IT in appointment scheduling, medical billing, and patient management. Other factors propelling the market growth include rapidly improving economic conditions, high density of population, market penetration of healthcare technology, and the improving healthcare sector in this region.
In the MEA region, the market is low. However, the growth of the market in this region is second highest after the Asia Pacific region as limited technology and infrastructure exist, and it has tremendous scope of expansion as most countries do not have it.
Latest Industry News
AI-enabled data management software developer Clinithink has forged a partnership with Worcestershire Health and Care under Global Digital Exemplar (GDE) trust of the UK's National Health Service (NHS). Under the terms of the partnership, the NHS trust is set to use Clix Enrich, a clinical natural language processing (CNLP) platform, developed by Clinithin for children and mental health services. 2 SEP 2019

Comments

Post a Comment

Popular posts from this blog

Proteomics Market Analysis, Demand Overview, Growth Analysis, Current Trends, Updates, and Global Industry Forecast to 2023

Market Highlights: The global proteomics market is anticipated to hold a market value of USD 23.2 billion in the year 2017 and is expected to grow at a CAGR of 14.1% during the forecast period. Proteomics is a science which is used to estimate the rate of protein production, interaction of proteins with one another, involvement of proteins in metabolic pathways, and modification of proteins. Also, it has extensive applications in drug discovery, development of personalized medicines, and identification of markers for disease diagnosis. Increasing need for personalized medicine, R&D expenditure, technological advancements and increased funding for proteomics project are expected to drive the market growth over the forecast period. For instance, in July 2017, Biognosys AG received USD 5 million funding from its new as well as existing investors. These new funds will be used for extending commercial operations and also to accelerate the development of next generation prote
Read more

Surgical Drapes and Gowns Market is Growing Dynamically at a Speedy CAGR of 4.4% During Forecast 2018-2023

Market Overview: Market Research Future Reports have accumulated study insights and states that the global surgical drapes and gowns market size is expected to expand significantly by the year 2023 as it already held a valuation of USD 2.23 billion in 2017. Now that with the current scenario, it has been observed that the surgical drapes and gowns market is set to proliferate at a CAGR of 4.4% over the forecast period. Surgical Drapes and Gowns Market Share   Held Valuation Up to USD 2.23 Billion in 2017 and Expected to Proliferate in Coming Years Says Global Top Manufacturers A gown and drape have found its immense importance with its usage in the surgical world. These gowns and drapes are useful in reducing the risk of disease. These are supplied by healthcare professionals for minimizing the exposure of transfer of infection while maintaining sterility of spaces. Since its optimum usage in hospitals and clinics globally, it is gaining significant traction in recent time.
Read more

Dental Lasers Market Growth Values, Advanced Share, Demand Overview and Industry Forecast to 2023

Market Overview: The global Dental Lasers Market , as per a report by Market Research Future (MRFR) is touted to register a healthy CAGR of 5.2% during the assessment period ( 2017-2023 ). Dental lasers are considered devices that emit coherent light beams, mainly suited to perform oral surgeries. These lasers prevent the need for surgical instruments like coherent light beams, coherent light beams, and handpieces. Dental lasers also offer benefits like less contamination, less trauma, and less bleeding and are being accepted across the globe due to their ability like short healing time, lower light exposure, portability, and does not require anesthesia. Competitive Dashboard: ·          Biolase ·          AMD Lasers ·          Convergent Dental ·          Cao Group ·          Fotona D.D ·          Danaher Corporation- Kavo Dental GmbH ·          Millennium Dental Technologies ·          Ivoclar Vivadent AG ·          Syneron Dental Lasers-Syneron Medical Ltd
Read more