Global Integrated Practice Management Software (IPMS) Market to Witness Tremendous Growth in Forecasted Period 2021-2029

Global Integrated Practice Management Software (IPMS) Market

This Global Integrated Practice Management Software (IPMS) Market research report includes the profiles of the key companies along with their SWOT analysis and market strategies. In addition, this Global Integrated Practice Management Software (IPMS) Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as whole. It also analyzes the key emerging trends and their impact on present and future development. It analyzes the market with respect to individual growth trends, future prospects, drivers, industry specific challenges and obstacles. Key manufactures of the market are studied on many aspects such as company overview, product portfolio and other details during forecast year.

This Global Integrated Practice Management Software (IPMS) Marke treport elaborates the industry overview. Various definitions and classifications of the industry applications and chain structure are given in the report. It focuses on the current trends, financial overview of industry and historical data evaluation based on the proficient research insight and market dynamics. Company profiles are deeply examined on the basis of the global market share, size and revenue. This report presents a comprehensive overview, market shares and growth opportunities of market.

Global Integrated Practice Management Software (IPMS) Market is expected to undergo growth with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to the need for reduction of workload of administrative employees in healthcare organizations.

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Key Market Competitors: Global Integrated Practice Management Software (IPMS) Market

Few of the major competitors currently working in the integrated practice management software (IPMS) market are GENERAL ELECTRIC; Cerner Corporation; eClinicalWorks; Epic Systems Corporation; McKesson Corporation; athenahealth, Inc.; NextGen Healthcare, Inc.; Allscripts; Greenway Health, LLC; Henry Schein, Inc.; AdvantEdge Healthcare Solutions; Accumedic Computer Systems, Inc.; CareCloud Corporation; Kareo, Inc.; AdvancedMD, Inc.; drchrono Inc.; CollaborateMD Inc.; OfficeAlly Inc.; Medical Information Technology, Inc.; EMIS Health; CompuGroup Medical SE and CEGEDIM GROUP.

Market Definition: Global Integrated Practice Management Software (IPMS) Market

Integrated practice management software (IPMS) is a type of medical/healthcare software solution that helps in the administrative duties and tasks involved in provision of healthcare services. Integrated version of this software provides the patients and healthcare providers with all the necessary tasks and helps in achieving ease of use such as, scheduling appointments, taking care of the remuneration from the insurance organizations, provision of bill, and various other tasks.

Market Drivers:

  • Increasing demand and focus on the administrative duties and responsibilities in healthcare institutions due to the prevalence of patient visits
  • Reduction in costing of the overall process and increased efficiency and effectiveness in the entire process; this factor is expected to act as a driver for the market growth

Market Restraints:

  • Concerns regarding theft of data and mishandling of personal and patient information through the implementation of this system; this factor is expected to act as a restraint to the market growth

Competitive Analysis: Global Integrated Practice Management Software (IPMS) Market

Global integrated practice management software (IPMS) 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 integrated practice management software (IPMS) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Segmentation: Global Integrated Practice Management Software (IPMS) Market

  • By Product
    • Electronic Health Record (EHR)/Electronic Medical Record (EMR)
    • Electronic Prescribing (e-RX)
    • Patient Management
    • Others
  • By Component
    • Services
    • Software
  • By Deployment Mode
    • Web-Based
    • Cloud
    • On-Premise
  • By End-User
    • Physician Offices & Clinics
    • Hospitals & Clinics
    • Pharmacies
    • Healthcare Payers
    • Others

Key Developments in the Market:

  • In April 2018, McKesson Corporation announced the launch of “ExpressCoverage”; it is a patient management and support platform that will enable connectivity options between patients, healthcare providers, payers and the life science market.
  • In March 2018, Allscripts announced the launch of their EHR system “Avenel” at the Healthcare Information and Management System Society annual conference held in Las Vegas from March 5-9, 2018. The new software solution is the healthcare industry’s first machine learning electronic health record, which makes it more effective and efficient.

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Reasons to Purchase this Report:

  • Current and future of global integrated practice management software (IPMS) 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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