Report cover image

Practice Management System Market Size, Share & Trends Analysis Report By Product (Integrated, Standalone), By Component (Software, Services), By Delivery Mode (Cloud, Web-based), By End User, And Segment Forecasts, 2022 - 2030

Publisher Grand View Research
Published Mar 30, 2022
Length 150 Pages
SKU # GV17067430

Description

Practice Management System Market Size, Share & Trends Analysis Report By Product (Integrated, Standalone), By Component (Software, Services), By Delivery Mode (Cloud, Web-based), By End User, And Segment Forecasts, 2022 - 2030

Practice Management System Market Growth & Trends

The global practice management system market size is expected to reach USD 28.17 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2022 to 2030. Rising pressure to curb healthcare expenditure, demand for cost-effective treatment options, unprecedented medical emergencies such as COVID-19, and digitization of healthcare records are the key factors driving the market growth. Moreover, unpreparedness for the global COVID-19 pandemic has further heightened the need for digitized interoperability solutions providing faster and more effective results. The rising adoption of EHR, telehealth in developed as well as developing economies is anticipated to provide this market with a lucrative growth platform in the coming years.

Increasing pressure to curb healthcare costs along with changing dynamics of hospital/healthcare settings is fueling the demand for practice management systems in the U.S. In addition, a rising focus on implementing cost-effective and high-quality care are also likely to contribute to the market development. Healthcare institutes are witnessing a paradigm shift in the U.S. as a result of the changing dynamics of the business models. The development of new value-added services like integration of practice management systems with other healthcare IT solutions, such as Computerized Physician Order Entry (CPOE) and laboratory information systems, is anticipated to propel the market growth in the U.S. over the next few years.

Practice management systems enable mid-sized and large healthcare providers in offering the right treatment at an effective price, thus reducing treatment costs. Most of the key players adopt strategies, such as product launches, collaborations, partnerships, and mergers & acquisitions to strengthen their industry position. For instance, in September 2019, GetWellNetwork and Cerner partnered to narrow the gaps between providers and patients from inpatient to outpatient settings and the home. This partnership was aimed at providing convenient access and consumer engagement.

Practice Management System Market Report Highlights
  • Changing dynamics of healthcare settings/hospital industry along with the development and sale of value-added services is driving the market
  • The integrated systems segment captured the largest market share in 2021, mainly due to the benefits such as enhanced efficiency and communication across various departments, and reduced administrative and medical errors
  • Software held the largest revenue share in 2021 owing to technological advancements and new product launches
  • The cloud-based segment is expected to register the fastest CAGR over the forecast period due to the associated advantages, such as ready availability of the information even in remote locations, higher reliability, and faster processing
  • Physician back-office dominated the market in 2021 due to the growing adoption of these systems in physician offices
  • The growing focus of the Association of American Medical Colleges on increasing the number of physicians and healthcare facilities across the region is also expected to drive the segment growth
Please note The report will be delivered in 2-3 business days upon order notification.

Table of Contents

150 Pages
Chapter 1 Research Methodology & Scope
1.1 Research Methodology
1.1.1 Estimates & Forecast Timeline
1.2 Information Procurement
1.2.1 Purchased Database
1.2.2 GVR’s Internal Database
1.2.3 Secondary Sources
1.2.4 Primary Research
1.3 Information Or Data Analysis
1.3.1 Data Analysis Models
1.4 Market Formulation & Validation
1.5 Model Details
1.5.1 Commodity Workflow Analysis (Model 1)
1.6 List Of Secondary Sources
1.7 List Of Primary Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Practice Management System Market Variables Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.2.1 Changing Dynamics Of Hospital/Healthcare Setting Industry
3.2.2 Development And Sale Of Value Added Services
3.2.3 Pressure To Curb Healthcare Cost
3.2.4 Improving Infrastructure And Digitalization Of Healthcare
3.3 Market Restraint Analysis
3.3.1 Risk Of Data Theft
3.3.2 Difficulty In Maintaining Confidentiality Of Patient Information
3.4 Penetration & Growth Prospect Mapping
3.5 Practice Management Systems Market - PESTLE Analysis
3.6 Industry Analysis - Porter’s
3.7 Regulatory Framework
3.8 COVID-19 Impact Analysis
Chapter 4 Market Categorization 1: Product Estimates & Trend Analysis
4.1 Practice Management Systems Market: Product Movement Analysis
4.2 Integrated
4.2.1 Integrated Market, 2017 - 2030 (USD Million)
4.3 Standalone
4.3.1 Standalone Market, 2017 - 2030 (USD Million)
Chapter 5 Market Categorization 2: Component Estimates & Trend Analysis
5.1 Practice Management Systems Market: Component Movement Analysis
5.2 Software
5.2.1 Software Market, 2017 - 2030 (USD Million)
5.3 Services
5.3.1 Services Market, 2017 - 2030 (USD Million)
Chapter 6 Market Categorization 3: Delivery Mode Estimates & Trend Analysis
6.1 Practice Management Systems Market: Delivery Mode Movement Analysis
6.2 On-Premise
6.2.1 On-Premise Market, 2017 - 2030 (USD Million)
6.3 Web-Based
6.3.1 Web-Based Market, 2017 - 2030 (USD Million)
6.4 Cloud-Based
6.4.1 Cloud-Based Market, 2017 - 2030 (USD Million)
Chapter 7 Market Categorization 4: End-User Estimates & Trend Analysis
7.1 Practice Management Systems Market: End-User Movement Analysis
7.2 Physician Back Office
7.2.1 Physician Back Office Market, 2017 - 2030 (USD Million)
7.3 Pharmacies
7.3.1 Pharmacies Market, 2017 - 2030 (USD Million)
7.4 Diagnostic Laboratories
7.4.1 Diagnostic Laboratories Market, 2017 - 2030 (USD Million)
7.5 Other Settings
7.5.1 Other Settings Market, 2017 - 2030 (USD Million)
Chapter 8 Market Categorization 5: Regional Estimates
8.1 Practice Management Systems Market: Regional Movement Analysis
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 U.K.
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.5 Latin America
8.5.1 Brazil
8.5.2 Mexico
8.6 MEA
8.6.1 South Africa
8.6.2 Saudi Arabia
Chapter 9 Practice Management System Market: Competitive Analysis
9.1 Recent Developments & Impact Analysis, By Key Market Participants
9.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
9.2.1 Market Participation Categorization
9.3 Vendor Landscape
9.3.1 Key Company Market Share Analysis
9.4 Public Companies
9.4.1 Company Market Position Analysis
9.4.2 Company Dashboard Analysis
9.4.3 Synergy Analysis: Major Deals & Strategic Alliances
9.5 Private Companies
9.5.1 List Of Emerging Companies
9.5.2 Regional Network Map
Chapter 10 Competitive Landscape
10.1 Company Profiles
10.1.1 Henry Schein, Inc.
10.1.1.1 Company Overview
10.1.1.2 Financial Performance
10.1.1.3 Product Benchmarking
10.1.1.4 Strategic Initiatives
10.1.2 Allscripts Healthcare, LLC
10.1.2.1 Company Overview
10.1.2.2 Financial Performance
10.1.2.3 Product Benchmarking
10.1.2.4 Strategic Initiatives
10.1.3 Advantedge Healthcare Solutions
10.1.3.1 Company Overview
10.1.3.2 Product Benchmarking
10.1.3.3 Strategic Initiatives
10.1.4 Athenahealth
10.1.4.1 Company Overview
10.1.4.2 Financial Performance
10.1.4.3 Product Benchmarking
10.1.4.4 Strategic Initiatives
10.1.5 Cerner Corporation (Oracle)
10.1.5.1 Company Overview
10.1.5.2 Financial Performance
10.1.5.3 Product Benchmarking
10.1.5.4 Strategic Initiatives
10.1.6 Epic Systems Corporation
10.1.6.1 Company Overview
10.1.6.2 Product Benchmarking
10.1.6.3 Strategic Initiatives
10.1.7 GE Healthcare
10.1.7.1 Company Overview
10.1.7.2 Financial Performance
10.1.7.3 Product Benchmarking
10.1.7.4 Strategic Initiatives
10.1.8 McKesson Corporation
10.1.8.1 Company Overview
10.1.8.2 Financial Performance
10.1.8.3 Product Benchmarking
10.1.8.4 Strategic Initiatives
10.1.9 Accumedic Computer Systems, Inc.
10.1.9.1 Company Overview
10.1.9.2 Product Benchmarking
10.1.10 NXGN Management, LLC
10.1.10.1 Company Overview
10.1.10.2 Financial Performance
10.1.10.3 Product Benchmarking
10.1.10.4 Strategic Initiatives
10.1.11 eClinicalWorks
10.1.11.1 Company Overview
10.1.11.2 Product Benchmarking
10.1.11.3 Strategic Initiatives
10.1.12 CoreCloud
10.1.12.1 Company Overview
10.1.12.2 Product Benchmarking
10.1.12.3 Strategic Initiatives
10.1.13 Kareo, Inc.
10.1.13.1 Company Overview
10.1.13.2 Product Benchmarking
10.1.13.3 Strategic Initiatives
10.1.14 Practice Fusion, Inc.
10.1.14.1 Company Overview
10.1.14.2 Product Benchmarking
10.1.14.3 Strategic Initiatives
10.1.15 Acrendo Software, Inc.
10.1.15.1 Company Overview
10.1.15.2 Product Benchmarking
10.1.16 AdvancedMD, Inc.
10.1.16.1 Company Overview
10.1.16.2 Product Benchmarking
10.1.16.3 Strategic Initiatives
10.1.17 DrChrono, Inc.
10.1.17.1 Company Overview
10.1.17.2 Product Benchmarking
10.1.17.3 Strategic Initiatives
10.1.18 PracticeSuit Inc.
10.1.18.1 Company Overview
10.1.18.2 Product Benchmarking
10.1.19 CollaborateMD, Inc.
10.1.19.1 Company Overview
10.1.19.2 Product Benchmarking
10.1.19.3 Strategic Initiatives
10.1.20 Greenway Health Llc
10.1.20.1 Company Overview
10.1.20.2 Product Benchmarking
10.1.20.3 Strategic Initiatives
10.1.21 Office Ally Inc.
10.1.21.1 Company Overview
10.1.21.2 Product Benchmarking
10.2 Detailed List Of Players

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us