IMARC Group’s latest research report, titled “Practice Management Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global practice management systems market size reached US$ 15.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.8 Billion by 2028, exhibiting a growth rate (CAGR) of 8.22% during 2023-2028.
Practice management systems refer to software tools or platforms developed to enhance and streamline the functioning of professional practices. These systems consolidate different administrative and operational tasks into a centralized platform, enabling professionals and their teams to efficiently manage and organize their practices. They come equipped with various features, including automated reminders, seamless calendar integration, and real-time schedule viewing and modification. Additionally, they offer robust document storage and management capabilities, empowering professionals to upload, organize, and access practice-related files and documents like contracts, legal records, or medical data.
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by component, product, deployment mode and end user.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Practice Management Systems Market
- Strategies of major players and product offerings
The global market for practice management systems is experiencing significant growth due to their increasing adoption in the healthcare industry. These systems are being utilized to streamline patient scheduling, manage electronic health records (EHR), and process insurance claims. Similarly, the legal sector is also embracing practice management systems to enhance case management, collaborate among team members, and efficiently handle client information, case files, calendars, and document storage. Additionally, the market growth is being driven by the emergence of mobile apps that provide practice management system solutions, the growing demand for automation and intelligent software solutions, and the rising awareness of the benefits associated with these systems..
Key Players Included in Global Practice Management Systems Market Research Report:
Accumedic Computer Systems Inc., AdvantEdge Healthcare Solutions (Health Prime International LLC), Allscripts Healthcare Solutions Inc., Athenahealth Inc., CareCloud Inc., Cerner Corporation (Oracle Corporation), eClinicalWorks, General Electric Company, Greenway Health LLC, Henry Schein Inc., McKesson Corporation and NextGen Healthcare Inc.
Market Segmentation:
Breakup by Component:
- Software
- Services
Breakup by Product:
- Integrated
- Standalone
Breakup by Deployment Mode:
- Web-based
- On-premises
- Cloud-based
Breakup by End User:
- Physician Back Office
- Pharmacies
- Diagnostic Laboratories
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
TOC for the Practice Management Systems Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Practice Management Systems Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
