Global Chiropractic Software Market 2017-2021
About Chiropractic Software
Chiropractic software is an application that automates every major administrative process in a chiropractic practice. Developed for ease-of-use, the solution features convenient accessibility, thereby, leveraging the speed of transaction processing and profitability. Chiropractic software enables easy appointment scheduling and keeps a track of subjective, objective, assessment, and plan (SOAP) notes and claims. Additionally, it manages purchase orders and tracks the inventory requirement efficiently, and maintains the entire supply chain associated with administrative process.
Technavio’s analysts forecast the global chiropractic software market to grow at a CAGR of 6.22% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global chiropractic software market for 2017-2021. To calculate the market size, the report considers the new sales and value of chiropractic software.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Chiropractic Software Market 2017-2021
Technavio recognizes the following companies as the key players in the global chiropractic software market: AdvancedMD, MacPractice, Nuesoft Technologies, OfficeAlly, and Practice Fusion.
Other Prominent Vendors in the market are: Addison Health Systems, Atlas Chiropractic System, ChiroPulse, ChiroSpring, ChiroTouch, ClinicPro.com, CloudChiro, CollaborateMD, CompuGroup Medical, drchrono, E-Z BIS, Forte Holdings, Genesis Chiropractic Software, InPhase Technologies, iSALUS Healthcare, Life Systems Software, Medicfusion, Meditab, MPN Software Systems, MRX Solutions, TotalMD, and WonderDoc.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is emergence of mobile-based chiropractic applications. Many chiropractic software buyers are beginning to consider mobile platform support because chiropractic practitioners and their employees are increasingly using mobile devices such as smartphones and tablet for work. Hence, many chiropractic software vendors are offering mobile functionality either via a web browser or mobile app. The mobile-based chiropractic software allows practitioners to accomplish more from outside the office and also improves mobility within the practice.”
According to the report, one of the major drivers for this market is increasing need for maximizing chair time utilization. In chiropractic practices, maximizing of chair time utilization is the key driver of success. Chair time is the amount of time a patient spends in the chair of a doctor's clinic either for examination or treatment. The efficient utilization of chair time by doctors to treat more patients results in higher revenue and improved profits.
Further, the report states that one of the major factors hindering the growth of this market is threat from open-source chiropractic software vendors. The global chiropractic software market has open-source vendors that provide a range of business analytics tools and applications. The open-source chiropractic software can be downloaded and run on all platforms. As the purchasing and licensing costs of the commercial chiropractic software are high, a number of medium-sized chiropractic practices and individual practitioners prefer open-source products, which are freely available on the Internet.
AdvancedMD, MacPractice, Nuesoft Technologies, OfficeAlly, Practice Fusion, Addison Health Systems, Atlas Chiropractic System, ChiroPulse, ChiroSpring, ChiroTouch, ClinicPro.com, CloudChiro, CollaborateMD, CompuGroup Medical, drchrono, E-Z BIS, Forte Holdings, Genesis Chiropractic Software, InPhase Technologies, iSALUS Healthcare, Life Systems Software, Medicfusion, Meditab, MPN Software Systems, MRX Solutions, TotalMD, and WonderDoc.