Pune, India, March 20, 2018 /press release/- Market Research Future Published a Half Cooked Research Report on Global Clinical Practice Management Software Research Report.
Demand of clinical practice management software is increasing with an increase in demand of user friendly software solutions in healthcare. Patient registration, appointment scheduling, medical billing, electronic medical records management are major features of clinical practice management software which drive the growth of this market. Thus, Clinical practice management software market is blooming due to an increase in demand for developing healthcare softwares, research and development activities for production of innovative software solutions and emphasis on cost reduction and patient safety. Fierce competition among major market player acts as a barrier for new entrants. Major restrain of this market is high cost of clinical practice management software.”
Clinical practice management software market is expected to grow at the CAGR of 15.2% during the forecast period of 2017-2023.
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Regional Analysis
America is the largest market for clinical practice management. It comprises of two regions namely North America and South America. Optum Inc., Cerner Corporation and McKesson Corporation are major players in the U.S developing healthcare software solutions thus favoring the growth of this market in North America. Increasing importance of healthcare IT in healthcare, and extensive use of softwares solutions in healthcare management drive the growth of this market in North America. Technological advancement in software development and easy adoption of information technology in healthcare also favor the growth of this market in North America. About more than 75% of the physicians in North America use clinical practice management software for hospital and clinic management. Maintenance of health records, awareness among healthcare providers regarding safety and security of patient data & advantages of storage of data into the database for easy retrieval & demand of user friendly software solutions drives this market in South America.
There are numerous players in this market, among them major players are Optum Inc. (U.S), Cerner Corporation (U.S), McKesson Corporation (U.S), Dell (U.S), Cognizant (U.S), Koninklijke Philips N.V. (U.S), Xerox Corporation (U.S), Siemens Ltd. (Germany), Epic Systems Corporation (U.S), GE Electronic (U.S) and Allscripts (U.S).
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Companies Covered | 15 |
Pages | 110 |
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