Global Integrated Practice Management Software (IPMS) Market report makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. By understanding client’s requirements precisely and following them firmly, this market research report has been structured. This report studies market attributes, industry structure, and competitive scenario, the problems, desire concepts, together with business strategies, market effectiveness, investment research and new business challenges. In the Global Integrated Practice Management Software (IPMS) Market report, the complete and crystal clear outline of the Global Integrated Practice Management Software (IPMS) Market is penned down which is useful for many businesses.
Global Integrated Practice Management Software (IPMS) Market is expected to undergo growth with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to the need for reduction of workload of administrative employees in healthcare organizations.
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Key Market Competitors:
Few of the major competitors currently working in the integrated practice management software (IPMS) market are GENERAL ELECTRIC; Cerner Corporation; eClinicalWorks; Epic Systems Corporation; McKesson Corporation; athenahealth, Inc.; NextGen Healthcare, Inc.; Allscripts; Greenway Health, LLC; Henry Schein, Inc.; AdvantEdge Healthcare Solutions; Accumedic Computer Systems, Inc.; CareCloud Corporation; Kareo, Inc.; AdvancedMD, Inc.; drchrono Inc.; CollaborateMD Inc.; OfficeAlly Inc.; Medical Information Technology, Inc.; EMIS Health; CompuGroup Medical SE and CEGEDIM GROUP.
Market Definition: Global Integrated Practice Management Software (IPMS) Market
Integrated practice management software (IPMS) is a type of medical/healthcare software solution that helps in the administrative duties and tasks involved in provision of healthcare services. Integrated version of this software provides the patients and healthcare providers with all the necessary tasks and helps in achieving ease of use such as, scheduling appointments, taking care of the remuneration from the insurance organizations, provision of bill, and various other tasks.
Market Drivers:
- Increasing demand and focus on the administrative duties and responsibilities in healthcare institutions due to the prevalence of patient visits
- Reduction in costing of the overall process and increased efficiency and effectiveness in the entire process; this factor is expected to act as a driver for the market growth
Market Restraints:
- Concerns regarding theft of data and mishandling of personal and patient information through the implementation of this system; this factor is expected to act as a restraint to the market growth
Competitive Analysis: Global Integrated Practice Management Software (IPMS) Market
Global integrated practice management software (IPMS) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of integrated practice management software (IPMS) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Segmentation: Global Integrated Practice Management Software (IPMS) Market
- By Product
- Electronic Health Record (EHR)/Electronic Medical Record (EMR)
- Electronic Prescribing (e-RX)
- Patient Management
- Others
- By Component
- Services
- Software
- By Deployment Mode
- Web-Based
- Cloud
- On-Premise
- By End-User
- Physician Offices & Clinics
- Hospitals & Clinics
- Pharmacies
- Healthcare Payers
- Others
Key Developments in the Market:
- In April 2018, McKesson Corporation announced the launch of “ExpressCoverage”; it is a patient management and support platform that will enable connectivity options between patients, healthcare providers, payers and the life science market.
- In March 2018, Allscripts announced the launch of their EHR system “Avenel” at the Healthcare Information and Management System Society annual conference held in Las Vegas from March 5-9, 2018. The new software solution is the healthcare industry’s first machine learning electronic health record, which makes it more effective and efficient.
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- Current and future of global integrated practice management software (IPMS) market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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