Healthcare Contract Management Software Market
PUBLISHED: 2019 ID: SMRC18345
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Healthcare Contract Management Software Market

Healthcare Contract Management Software-Global Market Outlook (2017-2026)

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5.0 (30 reviews)
Published: 2019 ID: SMRC18345

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Healthcare Contract Management Software market accounted for $528.70 million in 2017 and is expected to reach $2627.37 million by 2026 growing at a CAGR of 19.5% during the forecast period. Some of the key factors such as high returns on investment and growing need for healthcare insurance providers are driving the market growth. However, the high costs involved in the implementation of this software and IT infrastructural limitations in developing countries are the restraining factors for market growth. Moreover, the competitive rivalry among healthcare payers and declining reimbursements will provide ample opportunities for the growth of the market.

Healthcare Contract Management Software is a software that ensures healthcare company adheres to strict data compliance guidelines is part of everyday duties as a healthcare contract management professional. It is an easy way to reduce friction in the contract management process through intuitive healthcare contract management software with security features, access control, and activity logs not typically found in other solutions. Contracts are essential documents in all industries and healthcare is no exception. A typical hospital or healthcare organization will have hundreds to thousands of contracts with a range of vendors, individuals and organizations.

By Products, software segment is likely to grow with the highest CAGR during the forecast period due to the high growth in the use of this segment in contract lifecycle process and maintaining complex documents in the contract repository. By geography, Asia Pacific is expected to observe a significant growth in the forecast period, mainly due to the rapid return on investment (ROI) and increasing demand for effective contract management software. A number of healthcare organizations in Asia are moving towards digitization to streamline the entire workflow, ensure patient care and safety that resulted in an increased demand for contract management software.

Some of the key players in this market include Concord, Determine Inc., Icertis Inc., Optum Inc., CobbleStone Software, Coupa Software Inc., nThrive Inc., Experian PLC., Contract Logix LLC., ScienceSoft and Apttus Corporation.

Services Covered:
• Implementation & Integration Services
• Training & Education Services
• Support & Maintenance Services

Products Covered:
• Software

End Users Covered:
• Medical Device Manufacturers and Pharma & Biotech Companies
• Research Organizations
• Healthcare Providers
• Healthcare Payers
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary             
               
2 Preface              
 2.1 Abstract             
 2.2 Stake Holders             
 2.3 Research Scope            
 2.4 Research Methodology           
  2.4.1 Data Mining           
  2.4.2 Data Analysis           
  2.4.3 Data Validation           
  2.4.4 Research Approach           
 2.5 Research Sources            
  2.5.1 Primary Research Sources          
  2.5.2 Secondary Research Sources          
  2.5.3 Assumptions           
               
3 Market Trend Analysis            
 3.1 Introduction            
 3.2 Drivers             
 3.3 Restraints             
 3.4 Opportunities            
 3.5 Threats             
 3.6 Product Analysis            
 3.7 End User Analysis            
 3.8 Emerging Markets            
 3.9 Futuristic Market Scenario           
               
4 Porters Five Force Analysis            
 4.1 Bargaining power of suppliers           
 4.2 Bargaining power of buyers           
 4.3 Threat of substitutes           
 4.4 Threat of new entrants           
 4.5 Competitive rivalry            
               
5 Global Healthcare Contract Management Software Market, By Service        
 5.1 Introduction            
 5.2 Implementation & Integration Services          
 5.3 Training & Education Services           
 5.4 Support & Maintenance Services          
               
6 Global Healthcare Contract Management Software Market, By Product        
 6.1 Introduction            
 6.2 Software             
  6.2.1 Contract Repository/Document Management Software       
  6.2.2 Contract Lifecycle Management Software         
               
7 Global Healthcare Contract Management Software Market, By End User        
 7.1 Introduction            
 7.2 Medical Device Manufacturers and Pharma & Biotech Companies       
 7.3 Research Organizations           
 7.4 Healthcare Providers           
  7.4.1 Physician Clinics           
  7.4.2 Hospitals            
  7.4.3 Other Healthcare Providers          
 7.5 Healthcare Payers            
               
8 Global Healthcare Contract Management Software Market, By Geography       
 8.1 Introduction            
 8.2 North America            
  8.2.1 US            
  8.2.2 Canada            
  8.2.3 Mexico            
 8.3 Europe             
  8.3.1 Germany            
  8.3.2 UK            
  8.3.3 Italy             
  8.3.4 France            
  8.3.5 Spain            
  8.3.6 Rest of Europe           
 8.4 Asia Pacific            
  8.4.1 Japan            
  8.4.2 China            
  8.4.3 India            
  8.4.4 Australia            
  8.4.5 New Zealand           
  8.4.6 South Korea           
  8.4.7 Rest of Asia Pacific           
 8.5 South America            
  8.5.1 Argentina           
  8.5.2 Brazil            
  8.5.3 Chile            
  8.5.4 Rest of South America          
 8.6 Middle East & Africa           
  8.6.1 Saudi Arabia           
  8.6.2 UAE            
  8.6.3 Qatar            
  8.6.4 South Africa           
  8.6.5 Rest of Middle East & Africa          
               
9 Key Developments             
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 9.2 Acquisitions & Mergers           
 9.3 New Product Launch           
 9.4 Expansions            
               
10 Company Profiling             
 10.1 Concord              
 10.2 Icertis Inc.             
 10.3 CobbleStone Software            
 10.4 Coupa Software Inc.            
 10.5 nThrive Inc.             
 10.6 Contract Logix LLC.             
 10.7 Apttus Corporation          


List of Tables               
1 Global Healthcare Contract Management Software Market Outlook, By Region (2016-2026) (US $MN)      
2 Global Healthcare Contract Management Software Market Outlook, By Service (2016-2026) (US $MN)     
3 Global Healthcare Contract Management Software Market Outlook, By Implementation & Integration Services (2016-2026) (US $MN)  
4 Global Healthcare Contract Management Software Market Outlook, By Training & Education Services (2016-2026) (US $MN)   
5 Global Healthcare Contract Management Software Market Outlook, By Support & Maintenance Services (2016-2026) (US $MN)  
6 Global Healthcare Contract Management Software Market Outlook, By Product (2016-2026) (US $MN)     
7 Global Healthcare Contract Management Software Market Outlook, By Software (2016-2026) (US $MN)     
8 Global Healthcare Contract Management Software Market Outlook, By Contract Repository/Document Management Software (2016-2026) (US $MN)
9 Global Healthcare Contract Management Software Market Outlook, By Contract Lifecycle Management Software (2016-2026) (US $MN)  
10 Global Healthcare Contract Management Software Market Outlook, By End User (2016-2026) (US $MN)     
11 Global Healthcare Contract Management Software Market Outlook, By Medical Device Manufacturers and Pharma & Biotech Companies (2016-2026) (US $MN)
12 Global Healthcare Contract Management Software Market Outlook, By Research Organizations (2016-2026) (US $MN)   
13 Global Healthcare Contract Management Software Market Outlook, By Healthcare Providers (2016-2026) (US $MN)    
14 Global Healthcare Contract Management Software Market Outlook, By Physician Clinics (2016-2026) (US $MN)    
15 Global Healthcare Contract Management Software Market Outlook, By Hospitals (2016-2026) (US $MN)     
16 Global Healthcare Contract Management Software Market Outlook, By Other Healthcare Providers (2016-2026) (US $MN)   
17 Global Healthcare Contract Management Software Market Outlook, By Healthcare Payers (2016-2026) (US $MN)    
18 North America Healthcare Contract Management Software Market Outlook, By Country (2016-2026) (US $MN)     
19 North America Healthcare Contract Management Software Market Outlook, By Service (2016-2026) (US $MN)    
20 North America Healthcare Contract Management Software Market Outlook, By Implementation & Integration Services (2016-2026) (US $MN) 
21 North America Healthcare Contract Management Software Market Outlook, By Training & Education Services (2016-2026) (US $MN)  
22 North America Healthcare Contract Management Software Market Outlook, By Support & Maintenance Services (2016-2026) (US $MN)  
23 North America Healthcare Contract Management Software Market Outlook, By Product (2016-2026) (US $MN)    
24 North America Healthcare Contract Management Software Market Outlook, By Software (2016-2026) (US $MN)    
25 North America Healthcare Contract Management Software Market Outlook, By Contract Repository/Document Management Software (2016-2026) (US $MN)
26 North America Healthcare Contract Management Software Market Outlook, By Contract Lifecycle Management Software (2016-2026) (US $MN) 
27 North America Healthcare Contract Management Software Market Outlook, By End User (2016-2026) (US $MN)    
28 North America Healthcare Contract Management Software Market Outlook, By Medical Device Manufacturers and Pharma & Biotech Companies (2016-2026) (US $MN)
29 North America Healthcare Contract Management Software Market Outlook, By Research Organizations (2016-2026) (US $MN)   
30 North America Healthcare Contract Management Software Market Outlook, By Healthcare Providers (2016-2026) (US $MN)   
31 North America Healthcare Contract Management Software Market Outlook, By Physician Clinics (2016-2026) (US $MN)   
32 North America Healthcare Contract Management Software Market Outlook, By Hospitals (2016-2026) (US $MN)    
33 North America Healthcare Contract Management Software Market Outlook, By Other Healthcare Providers (2016-2026) (US $MN)  
34 North America Healthcare Contract Management Software Market Outlook, By Healthcare Payers (2016-2026) (US $MN)   
35 Europe Healthcare Contract Management Software Market Outlook, By Country (2016-2026) (US $MN)      
36 Europe Healthcare Contract Management Software Market Outlook, By Service (2016-2026) (US $MN)     
37 Europe Healthcare Contract Management Software Market Outlook, By Implementation & Integration Services (2016-2026) (US $MN)  
38 Europe Healthcare Contract Management Software Market Outlook, By Training & Education Services (2016-2026) (US $MN)   
39 Europe Healthcare Contract Management Software Market Outlook, By Support & Maintenance Services (2016-2026) (US $MN)  
40 Europe Healthcare Contract Management Software Market Outlook, By Product (2016-2026) (US $MN)     
41 Europe Healthcare Contract Management Software Market Outlook, By Software (2016-2026) (US $MN)     
42 Europe Healthcare Contract Management Software Market Outlook, By Contract Repository/Document Management Software (2016-2026) (US $MN)
43 Europe Healthcare Contract Management Software Market Outlook, By Contract Lifecycle Management Software (2016-2026) (US $MN)  
44 Europe Healthcare Contract Management Software Market Outlook, By End User (2016-2026) (US $MN)     
45 Europe Healthcare Contract Management Software Market Outlook, By Medical Device Manufacturers and Pharma & Biotech Companies (2016-2026) (US $MN)
46 Europe Healthcare Contract Management Software Market Outlook, By Research Organizations (2016-2026) (US $MN)   
47 Europe Healthcare Contract Management Software Market Outlook, By Healthcare Providers (2016-2026) (US $MN)   
48 Europe Healthcare Contract Management Software Market Outlook, By Physician Clinics (2016-2026) (US $MN)    
49 Europe Healthcare Contract Management Software Market Outlook, By Hospitals (2016-2026) (US $MN)     
50 Europe Healthcare Contract Management Software Market Outlook, By Other Healthcare Providers (2016-2026) (US $MN)   
51 Europe Healthcare Contract Management Software Market Outlook, By Healthcare Payers (2016-2026) (US $MN)    
52 Asia Pacific Healthcare Contract Management Software Market Outlook, By Country (2016-2026) (US $MN)     
53 Asia Pacific Healthcare Contract Management Software Market Outlook, By Service (2016-2026) (US $MN)    
54 Asia Pacific Healthcare Contract Management Software Market Outlook, By Implementation & Integration Services (2016-2026) (US $MN) 
55 Asia Pacific Healthcare Contract Management Software Market Outlook, By Training & Education Services (2016-2026) (US $MN)  
56 Asia Pacific Healthcare Contract Management Software Market Outlook, By Support & Maintenance Services (2016-2026) (US $MN)  
57 Asia Pacific Healthcare Contract Management Software Market Outlook, By Product (2016-2026) (US $MN)    
58 Asia Pacific Healthcare Contract Management Software Market Outlook, By Software (2016-2026) (US $MN)    
59 Asia Pacific Healthcare Contract Management Software Market Outlook, By Contract Repository/Document Management Software (2016-2026) (US $MN)
60 Asia Pacific Healthcare Contract Management Software Market Outlook, By Contract Lifecycle Management Software (2016-2026) (US $MN) 
61 Asia Pacific Healthcare Contract Management Software Market Outlook, By End User (2016-2026) (US $MN)    
62 Asia Pacific Healthcare Contract Management Software Market Outlook, By Medical Device Manufacturers and Pharma & Biotech Companies (2016-2026) (US $MN)
63 Asia Pacific Healthcare Contract Management Software Market Outlook, By Research Organizations (2016-2026) (US $MN)   
64 Asia Pacific Healthcare Contract Management Software Market Outlook, By Healthcare Providers (2016-2026) (US $MN)   
65 Asia Pacific Healthcare Contract Management Software Market Outlook, By Physician Clinics (2016-2026) (US $MN)    
66 Asia Pacific Healthcare Contract Management Software Market Outlook, By Hospitals (2016-2026) (US $MN)    
67 Asia Pacific Healthcare Contract Management Software Market Outlook, By Other Healthcare Providers (2016-2026) (US $MN)  
68 Asia Pacific Healthcare Contract Management Software Market Outlook, By Healthcare Payers (2016-2026) (US $MN)   
69 South America Healthcare Contract Management Software Market Outlook, By Country (2016-2026) (US $MN)     
70 South America Healthcare Contract Management Software Market Outlook, By Service (2016-2026) (US $MN)     
71 South America Healthcare Contract Management Software Market Outlook, By Implementation & Integration Services (2016-2026) (US $MN) 
72 South America Healthcare Contract Management Software Market Outlook, By Training & Education Services (2016-2026) (US $MN)  
73 South America Healthcare Contract Management Software Market Outlook, By Support & Maintenance Services (2016-2026) (US $MN)  
74 South America Healthcare Contract Management Software Market Outlook, By Product (2016-2026) (US $MN)    
75 South America Healthcare Contract Management Software Market Outlook, By Software (2016-2026) (US $MN)    
76 South America Healthcare Contract Management Software Market Outlook, By Contract Repository/Document Management Software (2016-2026) (US $MN)
77 South America Healthcare Contract Management Software Market Outlook, By Contract Lifecycle Management Software (2016-2026) (US $MN) 
78 South America Healthcare Contract Management Software Market Outlook, By End User (2016-2026) (US $MN)    
79 South America Healthcare Contract Management Software Market Outlook, By Medical Device Manufacturers and Pharma & Biotech Companies (2016-2026) (US $MN)
80 South America Healthcare Contract Management Software Market Outlook, By Research Organizations (2016-2026) (US $MN)   
81 South America Healthcare Contract Management Software Market Outlook, By Healthcare Providers (2016-2026) (US $MN)   
82 South America Healthcare Contract Management Software Market Outlook, By Physician Clinics (2016-2026) (US $MN)   
83 South America Healthcare Contract Management Software Market Outlook, By Hospitals (2016-2026) (US $MN)    
84 South America Healthcare Contract Management Software Market Outlook, By Other Healthcare Providers (2016-2026) (US $MN)  
85 South America Healthcare Contract Management Software Market Outlook, By Healthcare Payers (2016-2026) (US $MN)   
86 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Country (2016-2026) (US $MN)    
87 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Service (2016-2026) (US $MN)    
88 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Implementation & Integration Services (2016-2026) (US $MN)
89 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Training & Education Services (2016-2026) (US $MN) 
90 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Support & Maintenance Services (2016-2026) (US $MN) 
91 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Product (2016-2026) (US $MN)   
92 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Software (2016-2026) (US $MN)   
93 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Contract Repository/Document Management Software (2016-2026) (US $MN)
94 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Contract Lifecycle Management Software (2016-2026) (US $MN)
95 Middle East & Africa Healthcare Contract Management Software Market Outlook, By End User (2016-2026) (US $MN)   
96 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Medical Device Manufacturers and Pharma & Biotech Companies (2016-2026) (US $MN)
97 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Research Organizations (2016-2026) (US $MN)  
98 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Healthcare Providers (2016-2026) (US $MN)  
99 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Physician Clinics (2016-2026) (US $MN)   
100 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Hospitals (2016-2026) (US $MN)   
101 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Other Healthcare Providers (2016-2026) (US $MN)  
102 Middle East & Africa Healthcare Contract Management Software Market Outlook, By Healthcare Payers (2016-2026) (US $MN) 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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