The Practice management (PM) system offers advanced scheduling, patient registration, medical billing, stores demographic data, claims management, and reporting. The developing markets of Middle East, Australia, New Zealand, China, India, Singapore and Malaysia were identified as high growth markets due to favorable government incentives and developing IT infrastructure In addition, the cloud–based PM system and integrated PM solutions are expected to be the new revenue pockets in this market.
Cloud-based model offers enhanced data accessibility at low cost. Integrated system are expected to be the new revenue pockets on account of ongoing federal mandates for integration of electronic health records with PM system for Meaningful Use incentives.
In addition, the services segment and web-based PM system segment are the key playing fields. It is attributed to indispensible nature of the services market and remote data accessibility and enhanced security of the stored data. The new and innovative product launch was found to be the dominant strategy adopted by the key industry participants to cater the unmet market needs and to increase their market share.
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The deviations and the overlap of revenues between the end-users in a number of sources was the major challenge faced while estimating the market size. This challenge was overcome by the validating the data through a large number of industry experts and key opinion leaders. From an insight perspective, this research report focuses on the qualitative data, market size, share, and growth of various segments and sub-segments, competitive landscape, and company profiles.
The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and threats). The report also offers market shares, sizes, and related growth of various segments in the industry. It also focuses on the emerging and high-growth segments of practice management system market, high-growth regions, and the initiatives of respective governments.
The competitive landscape covers the growth strategies adopted by industry players in the last three years. The company profiles comprise the basic views on the key players in the practice management system market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future.
The above-mentioned market research data, current market size, and forecast of future trends will help the key players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.
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Table of Contents1 Introduction1.1 Objectives of the Study1.2 Report Description1.3 Markets Covered1.4 Stakeholders1.5 Research Methodology1.5.1 Secondary Sources1.5.2 Primary Sources1.5.3 Market Size Estimation1.5.4 Market Share1.5.5 Key Data From Secondary Sources1.5.6 Key Data Points From Primary Sources1.5.7 Assumptions1.6 Market Scope2 Executive Summary3 Premium Insight3.1 Practice Mgment System Market: A Snapshot3.2 Market Size3.3 Market Dynamics3.4 Geographic Analysis3.5 Component Market3.6 End User Market4 Market Overview4.1 Introduction4.2 Market Segmentation4.3 Market Dynamics4.3.1 Drivers184.108.40.206 Growing Burden to Minimize the Healthcare Cost Will Drive the Pm System Market 220.127.116.11 Increasing Need to Integrate Healthcare System Will Propel Adoption of Pm Solutions 18.104.22.168 Rising Incentives By Federal Government to Fuel the Pm System Market 22.214.171.124 Growing Incidences of Medication Errors to Foster the Pm Market 126.96.36.199 High Return on Investment (Roi) Has Increased the Demand For Pm Solutions 4.3.2 Restraints
188.8.131.52 High Cost & Time Required For Integration Will Hinder the Growth of This Market 184.108.40.206 Dearth of Trained It Professionals to Restrict the Market Growth 220.127.116.11 Data Privacy and Security Issues to Retard Market Growth 18.104.22.168 Interoperability Issues to Curb the Growth
4.3.3 Opportunities22.214.171.124 Growing Inclination towards Patient-Centric Care Approach offer Significant Opportunity For Growth 126.96.36.199 Emerging Markets Present Huge Growth Potential188.8.131.52 Cloud-Hosted Models offer Significant Growth Opportunities 4.3.4 Challenges184.108.40.206 Shortage of on-Site It Support Will Negatively Affect the Market 4.4 Winning Imperatives4.4.1 Mobile Health Applications For Better Practice Management 4.5 Burning Issues4.5.1 Icd-10 & 5010 Hipaa Transition4.6 Porter’s Five Force Analysis4.6.1 Threat of New Entrants4.6.2 Threat of Substitute Products4.6.3 Bargaining Power of Buyers4.6.4 Bargaining Power of Suppliers4.6.5 Degree of Competition4.7 Market Share Analysis5 By Product5.1 Introduction5.2 Integrated Practice Management System5.3 Standalone Practice Management System6 By Delivery Mode6.1 Introduction6.2 on-Premise6.3 Web-Based6.4 Cloud-Based7 By Component7.1 Introduction7.2 Software7.3 Services8 Practice Management System, By End User8.1 Introduction8.2 Physicians8.3 Pharmacists8.4 Diagnostic Labs8.5 Others (Nurse Practitioners & Radiologists)9 Geographic Analysis9.1 Introduction9.2 North America9.3 Europe9.4 Asia9.5 Rest of the World (ROW)10 Competitive Landscape10.1 Introduction10.2 New Product Launches10.3 Partnerships, Collaborations& Agreements10.4 Mergers & Acquisitions10.5 Others Developments11 Company Profiles (Business Overview, Financials, Products & Services, Key Strategy, Recent Developments, &Mnm View)* 11.1 Allscripts Healthcare Solutions, Inc.11.2 Athenahealth11.3 Cerner Corporation11.4 EPIC11.5 Eclinicalworks11.6 GE Healthcare11.7 Mckesson Corporation11.8 Medical Information Technology, Inc. (Meditech)11.9 Nextgen Healthcare Information System, Llc. (A Subsidiary of Quality Systems, Inc.) 11.10 Vitera Healthcare Solutions (Greenway Medical)*Details on Business Overview, Financials, Products & Services, Key Strategy, & Recent Developments Might Not Be Captured in Case of Unlisted Companies. AppendixOther Developments (2011–2013)
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