London, UK (PRWEB) June 25, 2014
The worldwide market for practice management systems is predicted to see a high single-digit CAGR in the coming years, reaching a value of USD 247.1 million by 2018. The major factors driving the healthy growth in the market include, among others, the rising need to integrate healthcare systems, improved healthcare services, greater patient awareness and strong support from governments. The key market growth restraints encompass the lack of trained IT professionals and high operational costs. The increasing interest in patient-centric care approach and cloud-based PM models coupled with the emerging markets in India, Australia, China, New Zealand and the Middle East open up huge opportunities for practice management system market growth. GE Healthcare, MEDITECH, Cerner Corporation, McKesson Corporation, Allscripts Healthcare Solutions, NextGen Healthcare Information System LLC and Greenway Medical are among the key players in the world practice management system market.
Currently, North America accounts for the largest share of the total revenues generated by the world practice management market; it is followed by Europe. The two regional markets are poised for single-digit growth in the next 5 years. Meanwhile, Asia will likely see robust growth in the 5 upcoming years, spurred by lucrative investment opportunities, expanding urbanization and ongoing development of the IT infrastructure in the region.
In-demand research report “Practice Management System Market by Products (Integrated, Standalone), Components (Services, Software), Delivery Mode (On-Premises/Desktop-Only, Web-Based, Cloud-Based) & by End-Users (Physician, Pharmacist, Diagnostic Labs) - Global Trends & Forecast to 2018” elaborated by MarketsandMarkets (M&M) is now available at MarketPublishers.com
Title: Practice Management System Market by Products (Integrated, Standalone), Components (Services, Software), Delivery Mode (On-Premises/Desktop-Only, Web-Based, Cloud-Based) & by End-Users (Physician, Pharmacist, Diagnostic Labs) - Global Trends & Forecast to 2018
Published: May, 2014
Price: US$ 4,650.00
An all-round analysis of the world practice management system market along with qualitative and quantitative data covering the present and historical market performance is available in the in-demand study. The report features the market dynamics by investigating the key factors shaping the market, dissects the scenario in the major market segments, outlines and thoroughly discusses the top market growth opportunities and challenges. The study characterizes the competitive climate, profiles the dominant market players and sheds light on their strategies, touches upon the regulative issues, contains Porter’s five forces analysis, includes an insightful summary of the important industry developments, offers a snapshot of the recent industry news. Besides, the study highlights the growth prospects of the global practice management system market and also provides detailed projections of the market performance through 2018.
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