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Practice Management Systems Market

Practice Management Systems Market Forecasts to 2028 – Global Analysis By Product (Integrated, Standalone), Component (Hardware, Services, Software), End User (Diagnostic Laboratories, Hospitals) and By Geography

4.6 (74 reviews)
Published: September 2021 ID: SMRC20922
4.6 (74 reviews)
Published: September 2021 ID: SMRC20922

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Practice Management Systems Market is accounted for $297.36 million in 2020 and is expected to reach $623.65 million by 2028 growing at a CAGR of 9.7% during the forecast period. Rising incidences of medication errors, firm government support in the form of incentives, and high return on investment are the major factors propelling the market growth. However, high maintenance expenses, interoperability issues, concerns regarding data privacy, and lack of awareness about software in emerging nations are hampering the market growth.

Practice management system (PMS) helps manage the daily operations of an organization. They enable co-ordination in organizational tasks and process through improved workflows. Practice management systems allow healthcare professionals to focus on offering quality care by lowering the administrative burden. Moreover, the solution automates day-to-day patient activities, leading to increased efficiency, productivity, and profitability. Integrated practice management solutions allow physician to share and connect to electronic health records enabling generation of full analyzed patient report.

Based on delivery mode, the cloud-based segment is estimated to have a lucrative growth due to its lower installation cost than the on-premises systems and this software eradicates the need for in-house maintenance, which is expected to be the prime factor driving their increasing demand. This delivery model makes the software prominently flexible, regarding scalability or pay-as-you-go storage utilization. It simplifies and consolidates storage resources to scale back costs and enhance workflow, by eliminating departmental silos of clinical information. The cloud vendor provides all the off-premise system support resources. The cloud infrastructure also guarantees true disaster recovery and business continuity solutions, to support the quality of patient care. Hence, cloud-based services are expected to continue to witness a significant demand.

By geography, North America is going to have a lucrative growth during the forecast period due to the rising geriatric population and presence of better healthcare infrastructure in the region. Government funding is likely to speed up the adoption of medical practice management by healthcare providers and change the way players operate, across the sector. Hence, the increasing adoption of a patient-centric approach by healthcare payers, the need to increase the efficiency of current medical practices and institutions, time and resources saving in the long run, and high return on investments are the major factors driving the market in the region during the forecast period.

Some of the key players profiled in the Practice Management Systems Market include Allscripts Healthcare Solutions, Inc., Athena Health, Cerner Corporation, Epic, eClinicalWorks, GE Healthcare, McKesson Corporation, Medical Information Technology, Inc., Nextgen Healthcare Information System, LLC., Henry Schein, Inc, MEDITECH, Greenway Medical, MediTouch, AdvantEgde Healthcare Solutions, and Practice Fusion.
 
Products Covered:
• Integrated
• Standalone

Delivery Modes Covered:
• Cloud-based
• On-premises
• Web-based

Components Covered:
• Hardware
• Services
• Software

End Users Covered:
• Diagnostic Laboratories
• Hospitals
• Pharmacists
• Physicians

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
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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 client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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 Impact of Covid-19         
            
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 Practice Management Systems Market, By Product      
 5.1 Introduction         
 5.2 Integrated         
 5.3 Standalone          
            
6 Global Practice Management Systems Market, By Delivery Mode     
 6.1 Introduction         
 6.2 Cloud-based         
 6.3 On-premises         
 6.4 Web-based         
            
7 Global Practice Management Systems Market, By Component    
  
 7.1 Introduction         
 7.2 Hardware         
 7.3 Services          
 7.4 Software          
  7.4.1 Desktop-only        
  7.4.2 Client-server        
  7.4.3 Internet-based        
            
8 Global Practice Management Systems Market, By End User      
 8.1 Introduction         
 8.2 Diagnostic Laboratories        
 8.3 Hospitals          
 8.4 Pharmacists         
 8.5 Physicians         
            
9 Global Practice Management Systems Market, By Geography       
 9.1 Introduction         
 9.2 North America         
  9.2.1 US         
  9.2.2 Canada         
  9.2.3 Mexico         
 9.3 Europe          
  9.3.1 Germany         
  9.3.2 UK         
  9.3.3 Italy         
  9.3.4 France         
  9.3.5 Spain         
  9.3.6 Rest of Europe        
 9.4 Asia Pacific         
  9.4.1 Japan         
  9.4.2 China         
  9.4.3 India         
  9.4.4 Australia         
  9.4.5 New Zealand        
  9.4.6 South Korea        
  9.4.7 Rest of Asia Pacific        
 9.5 South America         
  9.5.1 Argentina        
  9.5.2 Brazil         
  9.5.3 Chile         
  9.5.4 Rest of South America       
 9.6 Middle East & Africa        
  9.6.1 Saudi Arabia        
  9.6.2 UAE         
  9.6.3 Qatar         
  9.6.4 South Africa        
  9.6.5 Rest of Middle East & Africa       
            
10 Key Developments          
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 10.2 Acquisitions & Mergers        
 10.3 New Product Launch        
 10.4 Expansions         
 10.5 Other Key Strategies        
            
11 Company Profiling          
 11.1 Allscripts Healthcare Solutions, Inc.       
 11.2 Athena Health         
 11.3 Cerner Corporation         
 11.4 Epic          
 11.5 eClinicalWorks         
 11.6 GE Healthcare         
 11.7 McKesson Corporation        
 11.8 Medical Information Technology, Inc.       
 11.9 Nextgen Healthcare Information System, LLC.      
 11.10 Henry Schein, Inc          
 11.11 MEDITECH         
 11.12 Greenway Medical         
 11.13 MediTouch         
 11.14 AdvantEgde Healthcare Solutions       
 11.15 Practice Fusion         


List of Tables           
1 Global Practice Management Systems Market Outlook, By Region (2019-2028) ($MN)   
2 Global Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)   
3 Global Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)   
4 Global Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)   
5 Global Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)   
6 Global Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)   
7 Global Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)   
8 Global Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)   
9 Global Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)   
10 Global Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)   
11 Global Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)   
12 Global Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)   
13 Global Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)   
14 Global Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)   
15 Global Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)   
16 Global Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)   
17 Global Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)  
18 Global Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)   
19 Global Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)   
20 Global Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)   
21 North America Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)   
22 North America Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)   
23 North America Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)  
24 North America Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)  
25 North America Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)  
26 North America Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)  
27 North America Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)  
28 North America Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)  
29 North America Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)  
30 North America Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)  
31 North America Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)  
32 North America Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)  
33 North America Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)  
34 North America Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)  
35 North America Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)  
36 North America Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)  
37 North America Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN) 
38 North America Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)  
39 North America Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)  
40 North America Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)  
41 Europe Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)   
42 Europe Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)   
43 Europe Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)   
44 Europe Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)   
45 Europe Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)   
46 Europe Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)   
47 Europe Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)   
48 Europe Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)   
49 Europe Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)   
50 Europe Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)   
51 Europe Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)   
52 Europe Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)   
53 Europe Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)   
54 Europe Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)   
55 Europe Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)   
56 Europe Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)   
57 Europe Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)  
58 Europe Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)   
59 Europe Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)   
60 Europe Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)   
61 Asia Pacific Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)   
62 Asia Pacific Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)   
63 Asia Pacific Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)   
64 Asia Pacific Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)   
65 Asia Pacific Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)  
66 Asia Pacific Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)  
67 Asia Pacific Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)  
68 Asia Pacific Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)  
69 Asia Pacific Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)  
70 Asia Pacific Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)   
71 Asia Pacific Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)   
72 Asia Pacific Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)   
73 Asia Pacific Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)  
74 Asia Pacific Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)  
75 Asia Pacific Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)  
76 Asia Pacific Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)   
77 Asia Pacific Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN) 
78 Asia Pacific Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)   
79 Asia Pacific Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)  
80 Asia Pacific Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)   
81 South America Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)   
82 South America Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)   
83 South America Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)  
84 South America Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)  
85 South America Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN)  
86 South America Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)  
87 South America Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN)  
88 South America Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)  
89 South America Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)  
90 South America Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)  
91 South America Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)  
92 South America Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)  
93 South America Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN)  
94 South America Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN)  
95 South America Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN)  
96 South America Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)  
97 South America Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN) 
98 South America Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)  
99 South America Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)  
100 South America Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)  
101 Middle East & Africa Practice Management Systems Market Outlook, By Country (2019-2028) ($MN)  
102 Middle East & Africa Practice Management Systems Market Outlook, By Product (2019-2028) ($MN)  
103 Middle East & Africa Practice Management Systems Market Outlook, By Integrated (2019-2028) ($MN)  
104 Middle East & Africa Practice Management Systems Market Outlook, By Standalone (2019-2028) ($MN)  
105 Middle East & Africa Practice Management Systems Market Outlook, By Delivery Mode (2019-2028) ($MN) 
106 Middle East & Africa Practice Management Systems Market Outlook, By Cloud-based (2019-2028) ($MN)  
107 Middle East & Africa Practice Management Systems Market Outlook, By On-premises (2019-2028) ($MN) 
108 Middle East & Africa Practice Management Systems Market Outlook, By Web-based (2019-2028) ($MN)  
109 Middle East & Africa Practice Management Systems Market Outlook, By Component (2019-2028) ($MN)  
110 Middle East & Africa Practice Management Systems Market Outlook, By Hardware (2019-2028) ($MN)  
111 Middle East & Africa Practice Management Systems Market Outlook, By Services (2019-2028) ($MN)  
112 Middle East & Africa Practice Management Systems Market Outlook, By Software (2019-2028) ($MN)  
113 Middle East & Africa Practice Management Systems Market Outlook, By Desktop-only (2019-2028) ($MN) 
114 Middle East & Africa Practice Management Systems Market Outlook, By Client-server (2019-2028) ($MN) 
115 Middle East & Africa Practice Management Systems Market Outlook, By Internet-based (2019-2028) ($MN) 
116 Middle East & Africa Practice Management Systems Market Outlook, By End User (2019-2028) ($MN)  
117 Middle East & Africa Practice Management Systems Market Outlook, By Diagnostic Laboratories (2019-2028) ($MN)
118 Middle East & Africa Practice Management Systems Market Outlook, By Hospitals (2019-2028) ($MN)  
119 Middle East & Africa Practice Management Systems Market Outlook, By Pharmacists (2019-2028) ($MN)  
120 Middle East & Africa Practice Management Systems Market Outlook, By Physicians (2019-2028) ($MN)  

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