North American Non-Clinical Information Systems Market is Expected to Reach $8905.6 million in 2018 - New Report by MicroMarket Monitor
(PRWEB) August 22, 2014 -- The North American non-clinical information system report defines and segments the concerned market in North America with analysis and forecast of revenue. The non-clinical information system market in North America was valued at $6297.4 million in 2013, and is estimated to grow to around $8905.6 million by 2018, at a CAGR of 7.2% from 2013 to 2018.
Browse through the TOC of the North American the non-clinical information system market, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of non-clinical information system market in the same region, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/north-america-non-clinical-information-systems-7552909697.html
The North American non-clinical information system market’s growth is mainly attributed to the transformation in the healthcare segment and decline in Medicare, Medicaid, and commercial reimbursements rates in the U.S., which are forcing hospitals to find areas where they can increase efficiencies and automation for cost effectiveness. However, the end-user market for healthcare IT is highly fragmented, and the requirements widely vary as per the end-user. Hence, the customized solutions cost more, and it is not possible for some providers to self-fund these costs. Furthermore, there is a scarcity of resources such as healthcare IT professionals, investments in healthcare IT sector, and standard protocols which are the potential hurdle for the North American NCIS market.
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In 2013, 92% of the North American non-clinical information system market was dominated by the U.S. This market is segmented and forecast based on components and deployments of payer payroll market in North America. The components segment comprises hardware, software, and services, while the deployments segment includes on-premise, cloud-based, and web-based. The market is further segmented and forecast based on major countries, such as the U.S., Canada, and Mexico. The market is also segmented and analyzed based on the end-users.
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This report includes the market share, supply chain and value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Related Reports:
European Non-Clinical Information Systems Market
Non-clinical information systems (NCIS) include solutions which are used for administrative functions, which directly have no effect on the clinical functions. NCIS facilitate revenue cycle management and also offer automatic patient billing, cost accounting, payroll, and claims management. These functions gain significance in light of the reported fact that improper revenue cycle management in hospitals causes a 3% to 5% loss of net revenue.
Globally, Europe is the second-largest non-clinical information system market, and is expected to reach a value of $3,376.25 million by 2018. It is projected to grow at a CAGR of 6.3%, from 2013 to 2018.
http://www.micromarketmonitor.com/market/europe-non-clinical-information-systems-1839723480.html
Asia Non-Clinical Information Systems Market
The non-clinical information systems in Asia can be segmented by companies, deployments, components, end-users, and macro-indicators. The end-users of non-clinical information systems include hospitals, office based physicians, ambulatory care solutions, and medical & diagnostic laboratories.
Companies leading the non-clinical information systems market in Asia are Cerner Corporation, McKesson Corporation, Allscripts, GE Healthcare, Quest Diagnostics, eClinicalWorks, Kareo, CareCloud Corporation, Athenahealth, and SSI Group, Inc.
http://www.micromarketmonitor.com/market/asia-non-clinical-information-systems-3351929596.html
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