Medical Practice Management Software Market

Market Synopsis

The medical practice management software market is expected to reach US$ 560.8 million by 2026, growing at a CAGR of 10.6% from 2018 to 2026. Medical practice management software is used by various healthcare organizations to smoothly perform their da- t- day operations. The task is accomplished by employing medical practice management software ranging from booking a patient’s appointment to maintaining the electronic health records (EHR) of the patient. Medical professionals throughout the globe have shown a positive response and better productivity after using medical practice management software.

The ability to operate offline and ensure the confidentiality of a patient’s medical data makes standalone solutions popular around the world.

Standalone solutions are dominating the product segment of the medical practice management software market. The major parameters responsible for the popularity of standalone software solutions are their capability to run offline and their assurance of the confidentiality of patient’s medical databases.

It is very simple to operate, and accessing stored data is very easy and convenient, requiring fewer maintenance charges. Integrated software solutions will experience outstanding growth in the near future on account of the government mandate for integrating electronic health records (EHR) with practice management software. Since it can be accessed by multiple users, the availability of expert opinions for critical medical conditions is provided in real-time. Medical centers in rural areas can provide and receive feedback pertaining to patients’ medical databases, drastically reducing the cost associated with healthcare expenditure.

Inherent features such as dashboards, reports, interactive screens, and the availability of different applications propel the web-based delivery mode market.

In the present scenario, web-based is leading the delivery mode segment for the medical practice management software market. The key factors responsible for the positive growth of web-based software services are the technological revolutions of the last decade. Inherent features, such as a user-friendly interface and the availability of different applications pertaining to medical practice management.

The presence of dashboards, reports, and interactive screens in web-based solutions is helpful to trained healthcare professionals in streamlining patient-related medical data. The frequent security breaches are one of the drawbacks of web-based solutions. Cloud-based software solutions are set to garner magnificent growth during the overcast period owing to their major attributes, such as large storage space, low operational expenditure incurred, enhanced user flexibility in revisiting stored medical data, and high security.

The availability of trained healthcare professionals will drive the growth of the North American medical practice management software market.

North America is currently leading the geographical segment of the medical practice management software market. The features attributed to the impressive growth of North America are the establishment of outstanding healthcare infrastructure and the availability of highly trained healthcare professionals. The domicile of key players such as Allscripts Healthcare Solutions, Inc., EPIC Systems, and eClinicalWorks gives a strong impetus to nurturing the medical practice management software market in North America.

Enhanced government funding and stringent regulatory norms sanctioned by the European Medical Agency (EMA) related to preserving patients’ treatment databases for future reference propel the medical practice management software market’s growth in Europe. The Asia Pacific, the Middle East, Africa, and Latin America serve as lucrative markets on account of the rampant growth of the IT-enabled services sector and the increasing number of medical centers in urban areas.

Periods of History and Forecast

This research report presents the analysis of each segment from 2016 to 2026, considering 2017 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

A market assessment for the report titled “Medical Practice Management Software” is necessary to predict the market estimation and compounded annual growth rate for the forecast period of 2018 to 2026. Market segmentation is done as follows:

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 questions are answered in this report.

• How are organic and inorganic market growth strategies employed to assess the medical practice management software market’s 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 innovations in features and apps provided by software companies providing e-healthcare services?
• Which is the largest and fastest-growing product segment for the medical practice management software market?
• Which is the largest and fastest-growing delivery mode segment for the medical practice management software market?
• Which is the largest and fastest-growing regional segment of the medical practice management software market?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global MPMS Market Portraiture
2.2. Global MPMS Market, by Product, 2017 (US$ Mn)
2.3. Global MPMS Market, by Delivery Mode, 2017 (US$ Mn)
2.4. Global MPMS Market, by Geography, 2017 (US$ Mn)

Chapter 3. Medical Practice Management Software (MPMS) Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global MPMS Market, by Key Players, 2017

Chapter 4. Global Medical Practice Management Software (MPMS) Market, by Product
4.1. Overview
4.2. Standalone
4.3. Integrated

Chapter 5. Global Medical Practice Management Software (MPMS) Market, by Delivery Mode
5.1. Overview
5.2. On Premise
5.3. Web Based
5.4. Cloud Based

Chapter 6. Global Medical Practice Management Software (MPMS) Market, by Geography
6.1. Overview
6.2. North America MPMS Market Analysis, 2016 – 2026
6.2.1. North America MPMS Market, by Product, 2016 – 2026 (US$ Mn)
6.2.2. North America MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
6.2.3. North America MPMS Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe MPMS Market Analysis, 2016 – 2026
6.3.1. Europe MPMS Market, by Product, 2016 – 2026 (US$ Mn)
6.3.2. Europe MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
6.3.3. Europe MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific MPMS Market Analysis, 2016 – 2026
6.4.1. Asia Pacific MPMS Market, by Product, 2016 – 2026 (US$ Mn)
6.4.2. Asia Pacific MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
6.4.3. Asia Pacific MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. Rest of Asia Pacific
6.5. Latin America MPMS Market Analysis, 2016 – 2026
6.5.1. Latin America MPMS Market, by Product, 2016 – 2026 (US$ Mn)
6.5.2. Latin America MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
6.5.3. Latin America MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East and Africa MPMS Market Analysis, 2016 – 2026
6.6.1. MEA MPMS Market, by Product, 2016 – 2026 (US$ Mn)
6.6.2. MEA MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
6.6.3. MEA MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. Allscripts Healthcare Solutions, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Athenahealth
7.3. Cerner Corporation
7.4. EPIC Systems
7.5. eClinicalWorks
7.6. GE Healthcare
7.7. Greenway Health LLC.
7.8. Mckesson Corporation
7.9. Meditech
7.10. Vitera Healthcare Solutions

List of Figures

FIG. 1 Medical Practice Management Software (MPMS) Market Research Methodology
FIG. 2 MPMS Market Segmentation
FIG. 3 Global MPMS Market, by Product, 2017 (US$ Mn)
FIG. 4 Global MPMS Market, by Delivery Mode, 2017 (US$ Mn)
FIG. 5 Global MPMS Market, by Geography, 2017 (US$ Mn)
FIG. 6 Attractive Investment Proposition: by Geography, 2017
FIG. 7 Competitive Analysis: Global MPMS Market, by Key Players, 2017
FIG. 8 Global Standalone MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 9 Global Integrated MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 10 Global On Premise MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 11 Global Web Based MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 12 Global Cloud Based MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 13 U.S. MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 14 Canada MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 15 U.K. MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 16 Germany MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 17 Rest of Europe MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 18 China MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 19 Japan MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 20 Rest of Asia Pacific MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 21 Brazil MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 22 Mexico MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 23 Rest of Latin America MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 24 GCC MPMS Market, 2016 – 2026 (US$ Mn)
FIG. 25 Rest of MEA MPMS Market, 2016 – 2026 (US$ Mn)

List of Tables

TABLE 1 Global Medical Practice Management Software (MPMS) Market Portraiture
TABLE 2 Global MPMS Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 3 Global MPMS Market , by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 4 Global MPMS Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 5 North America MPMS Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 6 North America MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 7 North America MPMS Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe MPMS Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 9 Europe MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 10 Europe MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific MPMS Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America MPMS Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East and Africa MPMS Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East and Africa MPMS Market, by Delivery Mode, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East and Africa MPMS Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 20 Allscripts Healthcare Solutions, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Athenahealth: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Cerner Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 EPIC Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 eClinicalWorks: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 GE Healthcare: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 Greenway Health LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Mckesson Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Meditech: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Vitera Healthcare Solutions: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)