Global Practice Management Systems Market – Industry Trends & Forecast to 2026

  • Healthcare IT
  • Upcoming Report
  • Jul 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Practice Management Systems Market By Product (Integrated, Standalone), Component (Software, Services), Delivery Mode (Web-Based, Cloud-Based, On Premise-Based), End User (Hospitals, Physician Offices, Healthcare Payers, Pharmacies, Others), By Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa) – Industry Trends & Forecast to 2026

Market Analysis: Global Practice Management Systems Market

Global practice management systems market is expected to register a substantial CAGR of 8.50% in the forecast period of 2019-2026. This rise in the market can be attributed to the new reforms in the healthcare industry, rise in the facilities and increase in the digitalization and automation in healthcare industry

Market Definition: Global Practice Management Systems Market

Practice Management Systems is a form of software which is used in the medical offices to deal day to day operations. Practice Management Systems are generally use to perform financial and administration functions. The software is beneficial as it is incorporated with electronic medical records. Small and medium sized businesses are the most common users of practice management software. Practice management system has various functionality including reminder notes for physicians and staff, checks for quality assurance, manage collections and payments, automate charge entries & print bills and many others

Market Drivers

  • New reforms in the healthcare industry will accelerate the market growth
  • Increasing physician facilities across the country is driving the growth of the market
  • Increase in the digitalization and automation in healthcare industry is also contributing towards the market growth
  • Increasing pressure to manage the cost and time for the healthcare facilities is another factor for the growth of this market

Market Restraints

  • Requires rigorous practice and training while managing the software which is restraining the market growth
  • Leakage of personal data of patients hampers the growth of this market

Segmentation: Global Practice Management Systems Market

By Product

  • Integrated
  • Standalone

By Component

  • Software
  • Services

By Delivery Mode

  • Web-Based
  • Cloud-Based
  • On Premise-Based

By End User

  • Hospitals
  • Physician Offices
  • Healthcare Payers
  • Pharmacies
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In June 2018, Patterson Veterinary announced the joint venture with Cure Partners in order to new software NaVetor. NaVetor is a cloud-based practice management software and service which provides electronic medical records, white board, inventory reporting, quick-view dashboard and conversion and training. The software would help veterinary professionals in performing veterinary practices
  • In April 2018, eClinicalWorks announced that Physicians’ Clinic of Iowa, which is a private speciality medical group of lowa, showed interest in the cloud-centric EHR solution of eClinicalWorks for its providers.  Physicians’ Clinic of Iowa planned its growth with excellent patient care through the ER solutions. The cloud-centric EHR solution would help in linking demographic of patients with their medical records including billing, insurance and claims data

Competitive Analysis:

Global practice management systems 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 practice management systems market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major market competitors currently working in the global practice management systems market are CollaborateMD Inc, Pegasystems Inc, InfoMC, Incedo Inc, MPN Software Systems Inc, HealthTec Software Inc, General Electric Company, Cerner Corporation, Epic Systems Corporation, athenahealth Inc, Productivity-Quality Systems Inc, Greenway Health, LLC, Henry Schein Inc, Allscripts, McKesson Corporation, G2 Crowd, Inc, eClinicalWorks, Medical Information Technology, Inc., NXGN Management, LLC, AllegianceMD Software, Inc among others

Research Methodology: Global Practice Management Systems Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

  • Current and future of global practice management systems 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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