Practice Management Systems Market Analysis & Forecast 2027

    Practice Management Systems Market to 2027 - Global Analysis and Forecasts By Product (Standalone and Integrated); Delivery Mode (Cloud Based, Web Based, and On Premise); Component (Software and Services); and Geography

    Publication Month: Feb 2020 | Report Code: TIPHC00002219 | No. of Pages: 147 | Category: Healthcare IT | Status: Published

    The Practice Management System in healthcare market was valued at US$ 3,143.76 million in 2018 and it is projected to reach US$ 6,740.84 million by 2027; it is expected to grow at a CAGR of 10.2% from 2019 to 2027.

    Practice management solutions enables co-ordination in organizational tasks and process through improved workflows. Practice management systems allows healthcare professionals to focus on offering quality care by lowing 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. Practice management systems are considerably expected play its role in managing exponentially increasing patient population and shortage of primary healthcare resources. The growth of the Practice Management System in healthcare market is attributed to the rising prevalence of chronic diseases, growing adoption of big data & health IT tools, number of strategic initiatives taken by governments, and growing number of hospitals. However, the growth of the market is expected to be restrained by lack of awareness about software in emerging nations and concerns regarding data privacy.

    The Practice Management System in healthcare market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.

    Lucrative Regions for Practice Management System in Healthcare Market

    Lucrative Regions for Practice Management System in Healthcare Market

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    Market Insights

    Growing Applications of Practice Management System in Healthcare to Drive Practice Management System in Healthcare Market Growth

    Administrative tasks are among the major challenges faced by healthcare providers, which impact their overall performance. A core objective of healthcare businesses is to determine solutions to decrease the functional and operational costs to deal with the increasing government pressure regarding the elevating prices of drugs and medical devices as well as pertaining to the adoption of a value-based healthcare. Currently, the healthcare sector is under a constant pressure to condense the healthcare delivery costs, which calls for enhancements in evidence-based patient care and health plans, improvements in regulations management strategies, and consolidation of healthcare systems, simultaneously. The increasing number of patent cliff and growing pricing pressure compel healthcare providers to cut down drug prices to encourage the use of generics, instead of branded drugs, and scale back reimbursements. This, in turn, would lead to steady drop in the annual net sales and profit margins of the healthcare providers, creating an instant requirement of a considerable strategic plan for healthcare providers to reduce the operational costs.

    The healthcare IT systems help reduce the costs associated with chronic diseases by improving to keep a real-time track of a patient’s health status by the healthcare provider. As per the American Diabetes Association, in 2017, the estimated costs of diagnosed diabetes rose to US$ 327 billion, including US$ 90 billion in reduced productivity and US$ 237 billion in direct medical costs. The price can be efficiently managed by a clinical decision support system that further helps manage diseases and keep track of individual dosage patterns, which can help patients get assistance with disease and medication management, along with helping them overcome the disease.

    Chronic diseases such as stroke, heart diseases, diabetes, and obesity are the leading causes of death in the world, and they account for most of the nation’s health care costs. According to the report of the Centers for Disease Control and Prevention (CDC), >9% of the population was suffering from diabetes, in 2018, which is a leading cause of kidney failure, lower-limb amputations in the US. Moreover, the data also suggested that ~1.5 million Americans are identified with diabetes in the US, every year. The similar trend of increasing prevalence of diabetes is widespread in other regions, including Europe, APAC, and the MEA. For instance, in 2017, according to IDF Diabetes Atlas published by the International Diabetes Federation (IDF), Southeast Asia is a home to ~19% of the total diabetes population worldwide. As per the IDF, in 2017, North America reported ~46 million of people with diabetes, which is expected to reach 62 million by 2045.

    According to the report of American College of Cardiology Foundation, the coronary heart disease (CHD) was the primary cause of deaths attributable to cardiovascular disease (CVD), in the US, in 2018, which led to ~43% of the total deaths in the country in that years; this factor was followed by stroke (16.8%), high BP (9.4%), heart failure (HF) (9.0%), and other CVDs (17.9%). Moreover, by 2035, ~130 million adults in the US are projected to have some form of CVD. Moreover, the obesity rates have been rapidly increasing in the developed as well as developing economies worldwide. The rise in obesity is mainly attributed to unhealthy and sedentary lifestyles. The prevalence has increased rapidly in Australia,

    Canada, Chile, the UK, and South Africa in the recent decade. Also, the obesity levels are anticipated to be high in the US, Mexico, and England, consisting of around 47%, 39%, and 35% of the population, respectively, by the end of 2030. Thus, increasing geriatric population and related chronic diseases are expected to drive the demand for healthcare service, leading to the rise in the adoption of practice management systems, during the forecast years.

    Product-Based Insights

    In terms of component, the Practice Management System in healthcare market is segmented into standalone, integrated. In 2019, the standalone segment held the largest share of the market, by product.

    Practice Management System in Healthcare Market, by Product – 2018 and 2027

    Practice Management System in Healthcare Market, by Product – 2018 and 2027

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    Delivery Mode-Based Insights

    In terms of delivery mode, the Practice Management System in healthcare market is segmented into cloud based, web based, on premise. Web-based delivery mode held the largest share of delivery mode segment in the global market

    Component-Based Insights

    In terms of component, the Practice Management System in healthcare market is segmented into software, and services. In 2019, the software segment held the largest share of the market, by component and is expected to grow at the fastest rate during the forecast period.

    Strategic Insights

    The Practice Management System in healthcare market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.

    Practice Management System in Healthcare Market – by Product

    • Integrated
    • Standalone

    Practice Management System in Healthcare Market – by Delivery Mode

    • On Premise
    • Cloud-Based
    • Web Based

    Practice Management System in Healthcare Market – by Component

    • Software
    • Services

    Practice Management System in Healthcare Market – by Geography

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Italy
      • UK
      • Spain
      • Rest of Europe
    • Asia Pacific (APAC)
      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
    • Middle East & Africa (MEA)
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
    • South America and Central America (SCAM)
      • Brazil
      • Argentina
      • Rest of SCAM

    Company Profiles

    • 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

    1. Introduction

    1.1 Scope of the Study

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    1.3.1 Global Practice Management System Market – By Product

    1.3.2 Global Practice Management System Market – By Delivery Mode

    1.3.3 Global Practice Management System Market – By Component

    1.3.4 Global Practice Management System Market – By Geography

    2. Global Practice Management System Market – Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Practice Management System– Market Landscape

    4.1 Overview

    4.2 PEST Analysis

    4.2.1 North America – PEST Analysis

    4.2.2 Europe: PEST Analysis

    4.2.3 APAC: PEST Analysis

    4.2.4 Middle East & Africa – PEST Analysis

    4.2.5 South & Central America – PEST Analysis

    4.3 Expert Opinion

    4.4 Number of Potential General Physician Facilities for Practice Management System, By Country

    5. Practice Management System Market – Key Dynamics

    5.1 Key Drivers

    5.1.1 Rising Pressure on Healthcare Institutions to Provide Quality Health at Reduced Costs

    5.1.2 Rising Prevalence of Chronic Diseases

    5.2 Key Market Restraints

    5.2.1 Concerns Regarding Data Privacy

    5.3 Key Market Opportunities

    5.3.1 Growing Use of Smartphones

    5.4 Future Trends

    5.4.1 Remote Monitoring Would Soon Eliminate Patients’ Routine Visits to Hospitals

    5.5 Impact Analysis

    6. Practice Management System Market – Global Analysis

    6.1 Global Practice Management System Market Revenue Forecast And Analysis

    6.2 Global Practice Management System Market, By Geography - Forecast And Analysis

    6.3 Positioning of Key Players

    6.3.1 Allscripts Healthcare Solutions, Inc.

    6.3.2 Cerner Corporation

    7. Global Practice Management Systems Market Analysis – by Product

    7.1 Overview

    7.2 Global Practice Management Systems Market, by Product 2019 and 2027 (%)

    7.3 Integrated Practice Management Systems Market

    7.3.1 Overview

    7.3.2 Integrated Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    7.4 Standalone Practice Management Systems Market

    7.4.1 Overview

    7.4.2 Standalone Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    8. Practice Management Systems Market Analysis – by Component

    8.1 Overview

    8.2 Global Practice Management Systems Market, by Component, 2019 and 2027 (%)

    8.3 Software Market

    8.3.1 Overview

    8.3.2 Software Market, Revenue and Forecast to 2027 (US$ Mn)

    8.4 Services Market

    8.4.1 Overview

    8.4.2 Services Market, Revenue and Forecast to 2027 (US$ Mn)

    9. Practice Management Systems Market Analysis – by Delivery Mode

    9.1 Overview

    9.2 Practice Management Systems Market, by Delivery Mode 2019 and 2027 (%)

    9.3 Web-Based Practice Management Systems Market

    9.3.1 Overview

    9.3.2 Web-Based Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    9.4 Cloud-Based Practice Management Systems Market

    9.4.1 Overview

    9.4.2 Cloud-Based Market, Revenue and Forecast to 2027 (US$ Mn)

    9.5 On-Premise Practice Management Systems Market

    9.5.1 Overview

    9.5.2 On-Premise Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    10. Practice Management System Market – Geographic Analysis

    10.1 North America Practice Management System Market, Revenue and Forecast to 2027

    10.1.1 Overview

    10.1.2 North America Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.1.3 North America Practice Management System Market, Revenue and Forecast to 2027, by Product Type (US$ Mn)

    10.1.4 North America Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.5 North America Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.6 North America Practice Management System Market, Revenue and Forecast to 2027, by Country (%)

    10.1.7 United States

    10.1.7.1 US Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.1.7.2 US Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.7.3 US Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.7.4 US Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.8 Canada

    10.1.8.1 Canada Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.1.8.2 Canada Practice Management System Market, Revenue and Forecast to 2027, by Product Type(US$ Mn)

    10.1.8.3 Canada Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.8.4 Canada Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.9 Mexico

    10.1.9.1 Mexico Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.1.9.2 Mexico Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.9.3 Mexico Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.9.4 Mexico Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2 Europe Practice Management System Market, Revenue and Forecast to 2027

    10.2.1 Overview

    10.2.2 Europe Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.3 Europe Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.4 Europe Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.5 Europe Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.6 Europe Practice Management System Market, Revenue and Forecast to 2027, by Country (%)

    10.2.7 Germany

    10.2.7.1 Germany Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.7.2 Germany Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.7.3 Germany Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.7.4 Germany Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.8 United Kingdom

    10.2.8.1 UK Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.8.2 UK Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.8.3 UK Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.8.4 UK Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.9 France

    10.2.9.1 France Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.9.2 France Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.9.3 France Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.9.4 France Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.10 Spain

    10.2.10.1 Spain Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.10.2 Spain Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.10.3 Spain Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.10.4 Spain Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.11 Italy

    10.2.11.1 Italy Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.11.2 Italy Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.11.3 Italy Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.11.4 Italy Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1 Asia Pacific Practice Management Systems Market Revenue and Forecasts to 2027

    10.1.1 Asia Pacific Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    10.1.2 Asia Pacific Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.3 Asia Pacific Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.4 Asia Pacific Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.5 Asia Pacific Practice Management Systems Market Revenue and Forecasts to 2027, By Country (%)

    10.1.6 Japan

    10.1.6.1 Japan Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    10.1.6.2 Japan Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.6.3 Japan Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.6.4 Japan Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.7 China

    10.1.7.1 China Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    10.1.7.2 China Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.7.3 China Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.7.4 China Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.8 India

    10.1.8.1 India Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    10.1.8.2 India Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.8.3 India Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.8.4 India Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.9 South Korea

    10.1.9.1 South Korea Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    10.1.9.2 South Korea Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.9.3 South Korea Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.9.4 South Korea Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.1.10 Australia

    10.1.10.1 Australia Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    10.1.10.2 Australia Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.1.10.3 Australia Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.1.10.4 Australia Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2 Middle East & Africa Practice Management System Market, Revenue and Forecast to 2027

    10.2.1 Overview

    10.2.2 Middle East & Africa Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.3 Middle East & Africa Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.4 Middle East & Africa Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.5 Middle East & Africa Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.6 Middle East & Africa Practice Management System Market, Revenue and Forecast to 2027, by Country (%)

    10.2.7 Saudi Arabia

    10.2.7.1 Saudi Arabia Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.7.2 Saudi Arabia Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.7.3 Saudi Arabia Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.7.4 Saudi Arabia Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.8 UAE

    10.2.8.1 UAE Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.8.2 UAE Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.8.3 UAE Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.8.4 UAE Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.9 South Africa

    10.2.9.1 South Africa Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    10.2.9.2 South Africa Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.2.9.3 South Africa Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.2.9.4 South Africa Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.2.9.5 South And Central America Practice Management Systems Market Revenue And Forecasts To 2027

    10.3 South and Central America Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    10.3.1 South and Central America Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.3.2 South and Central America Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.3.3 South and Central America Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.3.4 South and Central America Practice Management Systems Market Revenue and Forecasts to 2027, By Country (%)

    10.3.5 Brazil

    10.3.5.1 Brazil Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    10.3.5.2 Brazil Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.3.5.3 Brazil Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.3.5.4 Brazil Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    10.3.6 Argentina

    10.3.6.1 Argentina Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    10.3.6.2 Argentina Practice Management Systems Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    10.3.6.3 Argentina Practice Management Systems Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    10.3.6.4 Argentina Practice Management Systems Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    11. Practice Management System Market – Industry Landscape

    11.1 Overview

    11.2 Growth Strategies In The Practice Management System Market, 2015-2019

    11.3 Organic Growth Strategies

    11.3.1 Overview

    11.4 Inorganic Growth Strategies

    11.4.1 Overview

    12. Company Profile

    12.1 Allscripts Healthcare, LLC

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.1.6 Key Developments

    12.2 Athenahealth, Inc.

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 Cerner Corporation

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 Epic Systems Corporation

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 eClinicalWorks

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 General Electric Company

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 Henry Schein, Inc.

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 McKesson Corporation

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 Medical Information Technology, Inc.

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 Nextgen Healthcare Information System, LLC

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Glossary of Terms


    LIST OF TABLES

    Table 1. Number Of Potential Physician Facilities in Regions

    Table 2. North America Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    Table 3. North America Practice Management System Market, Revenue and Forecast to 2027, by Application (US$ Mn)

    Table 4. North America Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    Table 5. US Practice Management System Market Revenue and Forecast To 2027, by Product (US$ Mn)

    Table 6. US Practice Management System Market, Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 7. US Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 8. Canada Practice Management System Market Revenue and Forecast To 2027, by Product Type (US$ Mn)

    Table 9. Canada Practice Management System Market Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 10. Canada Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 11. Mexico Practice Management System Market Revenue and Forecast To 2027, by Product (US$ Mn)

    Table 12. Mexico Practice Management System Market Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 13. Mexico Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 14. Europe Practice Management System Market, Revenue and Forecast to 2027, by Product (US$ Mn)

    Table 15. Europe Practice Management System Market, Revenue and Forecast to 2027, by Delivery Mode (US$ Mn)

    Table 16. Europe Practice Management System Market, Revenue and Forecast to 2027, by Component (US$ Mn)

    Table 17. Germany Practice Management System Market Revenue and Forecast To 2027, by Product (US$ Mn)

    Table 18. Germany Practice Management System Market, Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 19. Germany Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 20. UK Practice Management System Market Revenue and Forecast To 2027, by Product (US$ Mn)

    Table 21. UK Practice Management System Market Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 22. UK Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 23. France Practice Management System Market Revenue and Forecast To 2027, by Product (US$ Mn)

    Table 24. France Practice Management System Market Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 25. France Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 26. Spain Practice Management System Market Revenue and Forecast To 2027, by Product (US$ Mn)

    Table 27. Spain Practice Management System Market Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 28. Spain Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 29. Italy Practice Management System Market Revenue and Forecast To 2027, by Product (US$ Mn)

    Table 30. Italy Practice Management System Market Revenue and Forecast To 2027, by Delivery Mode (US$ Mn)

    Table 31. Italy Practice Management System Market, Revenue and Forecast To 2027, by Component (US$ Mn)

    Table 32. Asia Pacific Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 33. Asia Pacific Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 34. Asia Pacific Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 35. Japan Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 36. Japan Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 37. Japan Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 38. China Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 39. China Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 40. China Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 41. India Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 42. India Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 43. India Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 44. South Korea Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 45. South Korea Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 46. South Korea Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 47. Australia Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 48. Australia Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 49. Australia Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 50. Middle East & Africa Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 51. Middle East & Africa Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 52. Middle East & Africa Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 53. Saudi Arabia Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 54. Saudi Arabia Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 55. Saudi Arabia Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 56. UAE Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 57. UAE Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 58. UAE Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 59. South Africa Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 60. South Africa Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 61. South Africa Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 62. South and Central America Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 63. South and Central America Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 64. South and Central America Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 65. Brazil Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 66. Brazil Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 67. Brazil Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 68. Argentina Practice Management Systems Market, Revenue and Forecast to 2027, By Product (US$ Mn)

    Table 69. Argentina Practice Management Systems Market, Revenue and Forecast to 2027, By Delivery Mode (US$ Mn)

    Table 70. Argentina Practice Management Systems Market, Revenue and Forecast to 2027, By Component (US$ Mn)

    Table 71. Recent Organic Growth Strategies in the Practice Management System market

    Table 72. Recent Inorganic Growth Strategies In The Practice Management System Market

    Table 73. Glossary of Terms, Practice Management System Market

    LIST OF FIGURES

    Figure 1. Practice Management System Market Segmentation

    Figure 2. Practice Management System Segmentation, by Region

    Figure 3. Global Practice Management System market, Revenue (US$ Mn), By Geography 2018 & 2027

    Figure 4. Standalone Held Largest Share Of Component Segment In Practice Management System Market

    Figure 5. Asia-Pacific Region Is Expected to Show Remarkable Growth During the Forecast Period

    Figure 6. Global Practice Management System Market, By Geography (US$ Mn)

    Figure 7. Global Practice Management System Market- Leading Country Markets (US$ Mn)

    Figure 8. Global Practice Management System Market, Industry Landscape

    Figure 9. North America PEST Analysis

    Figure 10. Practice Management System Market in Europe: PEST Analysis

    Figure 11. Practice Management System Market In APAC: PEST Analysis

    Figure 12. Middle East & Africa PEST Analysis

    Figure 13. South & Central America PEST Analysis

    Figure 14. Practice Management System Market Impact Analysis of Drivers and Restraints

    Figure 15. Global Practice Management System Market – Revenue Forecast And Analysis – 2019- 2027

    Figure 16. Global Practice Management System Market – By Geography Forecast And Analysis – 2019- 2027

    Figure 17. Prominent Players in the Practice Management Systems Market

    Figure 18. Global Practice Management Systems Market, by Product 2019 and 2027 (%)

    Figure 19. Integrated Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 20. Standalone Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 21. Global Practice Management Systems Market, by Component, 2019 and 2027 (%)

    Figure 22. Software Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 23. Services Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 24. Global Practice Management Systems Market, by Delivery Mode 2019 and 2027 (%)

    Figure 25. Web-Based Practice Management Systems Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 26. Cloud-Based Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 27. On-Premise Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 28. North America Practice Management System Market, Revenue by Country (2019) (US$ Mn)

    Figure 29. North America Practice Management System Market Revenue and Forecast to 2027 (US$ Mn)

    Figure 30. North America Practice Management System Market, Revenue and Forecast to 2027, by Country (%)

    Figure 31. US Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 32. Canada Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 33. Mexico Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 34. Europe Practice Management System Market, Revenue by Country (2019) (US$ Mn)

    Figure 35. Europe Practice Management System Market Revenue and Forecast to 2027 (US$ Mn)

    Figure 36. Europe Practice Management System Market, Revenue and Forecast to 2027, by Country (%)

    Figure 37. Germany Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 38. UK Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 39. France Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 40. Spain Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 41. Italy Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 1. Asia Pacific Practice Management Systems Market Revenue Overview, by Country, 2019 (US$ MN)

    Figure 2. Asia Pacific Practice Management Systems Market Revenue and Forecast to 2027 (US$ Mn)

    Figure 3. Asia Pacific Practice Management Systems Market Revenue and Forecasts to 2027, By Country (%)

    Figure 4. Japan Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    Figure 5. China Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    Figure 6. India Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    Figure 7. South Korea Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    Figure 8. Australia Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    Figure 9. Middle East & Africa Practice Management System Market, Revenue by Country, 2019 (US$ Mn)

    Figure 10. Middle East & Africa Practice Management Systems Market Revenue and Forecast to 2027 (US$ Mn)

    Figure 11. Middle East & Africa Practice Management System Market, Revenue and Forecast to 2027, by Country (%)

    Figure 12. Saudi Arabia Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 13. UAE Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 14. South Africa Practice Management System Market, Revenue and Forecast to 2027 (US$ Mn)

    Figure 15. South and Central America Practice Management Systems Market Revenue Overview, by Country, 2019 (US$ MN)

    Figure 16. South and Central America Practice Management Systems Market Revenue and Forecast to 2027 (US$ Mn)

    Figure 17. South and Central America Practice Management Systems Market Revenue and Forecasts to 2027, By Country (%)

    Figure 18. Brazil Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    Figure 19. Argentina Practice Management Systems Market Revenue and Forecasts to 2027 (US$ Mn)

    Figure 20. Growth Strategies In The Practice Management System Market, 2015-2019

    The List of Companies - Practice Management Systems Market

    1. Allscripts Healthcare Solutions, Inc.
    2. Athena Health
    3. Cerner Corporation
    4. Epic
    5. eClinicalWorks
    6. GE Healthcare
    7. McKesson Corporation
    8. Medical Information Technology, Inc.
    9. Nextgen Healthcare Information System, LLC
    10. Henry Schein, Inc.
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    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
    • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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    Frequently Asked Questions

    Practice Management System refers to the implementation of software systems in order to automate healthcare related administrative tasks such as appointment scheduling, billing & claims, patient data management and others.
    Increasing prevalence of chronic diseases coupled with growing emphasis on providing quality care in affordable costs are projected to drive the growth of the global Practice Management Systems market during the forecast period.
    A basic on-premise practice management system which can be integrated with EMR has minimum cost of around US$ 14,000.

    Pricing
    • $3000
    • $4550 $3640
    • $6550 $5240
    • $8550 $6840

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