Global Ambulatory Software Market (2021-2026) by Component, Type, End User, Deployment, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
Introduction
The Global Ambulatory Software Market is estimated to be USD 7.14 Bn in 2021 and is expected to reach USD 10.74 Bn by 2026, growing at a CAGR of 8.5 %.
Market Dynamics
The cost structure, increased patient convenience/satisfaction, improved access to meet community needs, shift toward digitized platforms, and advancements in technologies deployed in the existing healthcare infrastructure are the major factors driving the growth of the global ambulatory software market. Furthermost, the market is being driven by the growing use of cloud-based solutions due to their ease of use, unlimited data storage, and cheap cost of installation and maintenance. In addition, the increasing support of government for the use of EHR solutions and the desire to reduce healthcare costs are projected to create new opportunities for the growth of the global ambulatory software market in the coming years.
Heavy infrastructure expenditures in developing countries and the issue of data security are restraining and creating challenges for the expansion of the global ambulatory software market.
Market Segmentation
The Global Ambulatory Software Market is segmented further based on Component, Type, End User, Deployment, and Geography.
By Component, the market is classified as ambulatory Ehr / Emr, Ambulatory Medical Billing, Ambulatory Patient Portal, and Ambulatory Practice Management (PM). Amongst all, the Ambulatory Ehr / Emr segment is estimated to hold the highest market share during the forecast period.
By Type, the market is classified as All-In-One Ambulatory Software and Modular Ambulatory Software. Amongst the two, the All-In-One Ambulatory Software segment is estimated to hold the highest market share during the forecast period.
By End User, the market is classified as Hospital-Owned Ambulatory Centers and Independent Ambulatory Centers. Amongst the two, the Hospital-Owned Ambulatory Centers segment is estimated to hold the highest market share during the forecast period.
By Deployment, the market is classified as on-cloud and on-premise. Amongst the two, the on-cloud segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. NextGen Healthcare, Inc a leading provider of ambulatory-focused technology solutions, announced its partnership with Doctible, a platform that enables healthcare providers to receive real-time feedback from patients while automating back-office tasks. – 29th January 2020.
2. Veradigm and PRA Health Sciences Partner to Create the Industry’s Leading EHR-Based Clinical Research Network.–23rd June 2021
Company Profiles
Some of the companies covered in this report are AdvancedMD, Inc, Allscripts Healthcare Solutions, Inc, Aprima Medical Software, Inc, Athenahealth, Inc, etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Ambulatory Software Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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