U.S. Practice Management Systems Market Sizes, Top Vendors, Industry Research And Analysis By 2025 | Grand View Research, Inc
“The U.S. practice management systems market size was valued at USD 5.0 billion in 2017. It is likely to expand at a CAGR of 10.3% over the forecast period.�
The U.S. practice management system market is expected to reach USD 11.11 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 10.3% over the forecast period. Demand for practice management system is growing due to increasing pressure to curb healthcare costs and changing dynamics of hospital/healthcare settings industry. Rising focusing on implementing cost-effective and quality care, which will boost the market demand. Political instability, economic stress, and lack of proactive initiatives are questioning the healthcare funding. Despite healthcare-related funding and insurance programs, there has been a constant rise in healthcare cost in U.S., influencing healthcare providers. The healthcare expenditure in U.S. is around 2.4 times higher than the global average and is anticipated to increase by 68.0% in the next 10 years. With the help of practice management systems, healthcare providers are now able to offer right treatment at effective price, thus reducing treatment costs. Some of the prominent companies in the market for U.S. practice management systems are Henry Schein MicroMD; Allscripts Healthcare Solutions, Inc.; AdvantEdge Healthcare Solutions, Inc.; Cerner Corporation; GE Healthcare; and McKesson Corporation.
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Further key findings from the study suggest:
Changing dynamics of healthcare settings/hospital industry along with the development and sale of valueadded services is driving the market
The integrated systems segment capturedthe largest market share in 2017 mainly due to the benefits, such as enhanced efficiency and communication across various departments and reduced administrative and medical errors
Cloud-based practice management solutions segment is anticipated to witness the fastest growth over the forecast period
Cloud-based practice management solutions offer benefits such as readily available information that can be accessed even in the remote locations, higher reliability, and faster processing
Key companies in the market include Henry Schein MicroMD; Allscripts Healthcare Solutions, Inc.; AdvantEdge Healthcare Solutions, Inc.; Cerner Corporation; GE Healthcare; and McKesson Corporation.
Browse Related Category Reports @ www.grandviewresearch.com/industry/healthcare-it Table of Content of U.S. Practice Management Systems Market Chapter 1 Research Methodology 1.1 Information procurement 1.2 Data Analysis 1.3 Approaches for calculating U.S. market size 1.3.1 U.S. Market: Base Estimates 1.3.2 U.S. Market: CAGR Calculation 1.4 List of Secondary Sources (partial list) Chapter 2 Executive Summary Chapter 3 U.S. Practice Management Systems Market Snapshot Chapter 4 U.S. Practice Management Systems Market Variables, Trends & Scope 4.1 U.S. Practice Management Systems Market Segmentation & Scope 4.2 U.S. Practice Management Systems Market Driver Analysis 4.2.1 Changing dynamics of hospital/healthcare setting industry 4.2.2 Development and sale of value added services 4.2.3 Pressure to curb healthcare cost 4.2.4 Improving infrastructure and digitalization of healthcare 4.3 U.S. Practice Management Systems Market Restraint Analysis 4.3.1 Risk of data thef
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4.3.2 Difficulty in maintaining confidentiality of patient information 4.4 Penetration & growth prospect mapping 4.5 U.S. Practice Management Systems Market - PESTLE Analysis 4.6 Industry Analysis - Porter’s 4.7 List of Key Buyers 4.8 Buyer’s Prefernce Analysis 4.9 Potential Target Audience 4.10 Changing technology and their adoption 4.11 Timeline with major technologies 4.12 List of top products 4.13 Region-wise demand analysis for the products and services 4.14 Market participants wise pipepline analysis with expect launch date 4.15 U.S. practice management systems market: Product movement analysis 4.16 Integrated 4.16.1 Integrated market, 2014 - 2025 (USD Million) 4.17 Standalone 4.17.1 Standalone market, 2014 - 2025 (USD Million) Chapter 5 U.S. Practice Management Systems Market: Component Estimates & Trend Analysis 5.1 U.S. practice management systems market: Component movement analysis 5.2 Sofware 5.2.1 Sofware market, 2014 - 2025 (USD Million) 5.3 Services 5.3.1 Services market, 2014 - 2025 (USD Million) Chapter 6 U.S. Practice Management Systems Market: Delivery Mode Estimates & Trend Analysis 6.1 U.S. practice management systems market: Delivery mode movement analysis 6.2 On-premise 6.2.1 On-premise market, 2014 - 2025 (USD Million) 6.3 Web-based 6.3.1 Web-based market, 2014 - 2025 (USD Million) 6.4 Cloud-based 6.4.1 Cloud-based market, 2014 - 2025 (USD Million) Chapter 7 U.S. Practice Management Systems Market: End-user Estimates & Trend Analysis
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7.1 U.S. practice management systems market: End-user movement analysis 7.2 Physician office 7.2.1 Physician office market, 2014 - 2025 (USD Million) 7.3 Pharmacies 7.3.1 Pharmacies market, 2014 - 2025 (USD Million) 7.4 Diagnostic Laboratories 7.4.1 Diagnostic laboratories market, 2014 - 2025 (USD Million) 7.5 Other Settings 7.5.1 Other settings market, 2014 - 2025 (USD Million) Chapter 8 Competitive Landscape 8.1 Company Profiles 8.1.1 Henry Schein MicroMD 8.1.1.1 Company overview 8.1.1.2 Financial performance 8.1.1.3 Geographic foothold 8.1.1.4 Product benchmarking 8.1.1.5 Strategic initiatives 8.1.2 Allscripts Healthcare Solutions, Inc. 8.1.2.1 Company overview 8.1.2.2 Financial performance 8.1.2.3 Geographic foothold 8.1.2.4 Product benchmarking 8.1.2.5 Strategic initiatives 8.1.3 AdvantEdge Healthcare Solutions 8.1.3.1 Company overview 8.1.3.2 Geographic foothold 8.1.3.3 Product benchmarking 8.1.3.4 Strategic initiatives 8.1.4 athenaHealth, Inc. 8.1.4.1 Company overview 8.1.4.2 Financial performance 8.1.4.3 Geographic foothold
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8.1.4.4 Product benchmarking 8.1.4.5 Strategic initiatives 8.1.5 Cerner Corporation 8.1.5.1 Company overview 8.1.5.2 Financial performance 8.1.5.3 Geographic foothold 8.1.5.4 Product benchmarking 8.1.5.5 Strategic initiatives 8.1.6 EPIC Systems Corporation 8.1.6.1 Company overview 8.1.6.2 Geographic foothold 8.1.6.3 Product benchmarking 8.1.6.4 Strategic initiatives 8.1.7 GE Healthcare 8.1.7.1 Company Overview 8.1.7.2 Financial Performance 8.1.7.1 Geographic foothold 8.1.7.2 Product Benchmarking 8.1.7.3 Strategic Initiatives 8.1.8 McKesson Corporation 8.1.8.1 Company overview 8.1.8.2 Financial performance 8.1.8.1 Geographic foothold 8.1.8.2 Product benchmarking 8.1.8.3 Strategic initiatives 8.1.9 NextGen Healthcare Information System LLC 8.1.9.1 Company overview 8.1.9.2 Financial performance 8.1.9.1 Geographic foothold 8.1.9.2 Product benchmarking 8.1.9.3 Strategic initiatives 8.1.10 eClinicalWorks LLC
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8.1.10.1 Company overview 8.1.10.2 Geographic foothold 8.1.10.3 Product benchmarking 8.1.10.4 Strategic initiatives 8.1.11 CareCloud 8.1.11.1 Company overview 8.1.11.2 Geographic foothold 8.1.11.3 Product benchmarking 8.1.11.4 Strategic initiatives 8.1.12 Kareo 8.1.12.1 Company overview 8.1.12.2 Geographic foothold 8.1.12.3 Product benchmarking 8.1.12.4 Strategic initiatives 8.1.13 AdvancedMD 8.1.13.1 Company overview 8.1.13.2 Geographic foothold 8.1.13.3 Product benchmarking 8.1.13.4 Strategic initiatives 8.1.14 drchrono, Inc. 8.1.14.1 Company overview 8.1.14.2 Geographic foothold 8.1.14.3 Product benchmarking 8.1.14.4 Strategic initiatives 8.1.15 CollaborateMD 8.1.15.1 Company overview 8.1.15.2 Geographic foothold 8.1.15.3 Product benchmarking 8.1.15.4 Strategic initiatives 8.1.16 Office Ally 8.1.16.1 Company overview 8.1.16.2 Geographic foothold
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8.1.16.3 Product benchmarking 8.1.17 Medical Information Technology, Inc. 8.1.17.1 Company overview 8.1.17.2 Geographic foothold 8.1.17.3 Product benchmarking
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