Next Booming: Medical Document Management Market to at a CAGR of 15.5% including key players : Allscripts Healthcare Solutions, 3M Company, Siemens Medical Solutions USA

Medical Document Management Market
A new research document with title ‘Medical Document Management – Global Market Outlook (2017-2023)’covering detailed analysis, Competitive landscape, forecast and strategies.

The study covers geographic analysis that includes regions like North America, Europe, Asia Pacific, South America, Middle East & Africa and important players/vendors such as Allscripts Healthcare Solutions, 3M Company, Siemens Medical Solutions USA  etc The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-2023.

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According to HTF’s,the Global Medical Document Management Market is accounted for $286.6 million in 2016 and expected to grow at a CAGR of 15.5% to reach $789.9 million by 2023. The Factors such as demand for advanced monitoring systems for patients in hospitals and clinics, increase in spending on healthcare BI and analytics solutions and growing need to streamline billing systems are driving the market growth. However, reluctance of physicians, nurses and other medical staff to change their methods and high cost of implementation hampers the growth of medical document management market. Mobile platforms for document management systems offer new opportunities for industry players.

The Health Care sector provides significant opportunities for Document Imaging software. Implementing document imaging technology in healthcare facilities can yield many benefits such as converting archival and working records to an electronic format can help healthcare entities harness the exploding amount of information and faster access, retrieval and distribution of patient information.

Medical practices have a lot of documentation that require maintenance, updates, and filing on a regular basis. Medical practices use a specialized EDM referred to as an Electronic Medical Records (EMR) System. For instance, 3M™ Electronic Signature Authentication (ESA) Software  speeds chart completion time by allowing clinicians to view, edit and complete and electronically sign patient documents.

Hospital wide electronic document management system helps patients by streamlining billing. Bills are one of the most stressful parts of being hospitalized. The quicker and more accurately patients’ claim forms are submitted, the sooner patients can understand the billing process. 3M PFS Document Management can be integrated with 3M™ ChartScan™ Software to provide a comprehensive solution for capturing and transmitting documents from other departments, complementing the document management strategy and EHR processes. Medical Document Management Software is a must-have for hospitals so that records of each patient can be stored electronically and one can quickly see through a patient’s details in just a click. It reduces the mess of paper work and cost of keeping employees for calculation work. Therefore, Medical Document Management Software is felicity to hospital management and staff.

North America dominates in terms of revenue attributing to the HIPPA and the ARRA (American Recovery and Reinvestment Act, 2009). Growing demand for software-based technologies such as OmniDocs, Nuxeo, and LogicalDOC is responsible for its large market share. However, Asia Pacific region is anticipated to be the fastest growing region during the forecast period due to increasing government initiatives to adopt e-Health, rising healthcare expenditure and development in healthcare infrastructure.

The key players in global Medical Document Management market are GE Healthcare, Allscripts Healthcare Solutions, 3M Company, Siemens Medical Solutions USA, Inc, Toshiba Medical Systems Corporation, Cerner Corporation, Kofax Ltd, EPIC Systems, Hyland Software and McKesson Corporation.

Delivery Modes Covered:
• Cloud-Based Model
• On-Premise Model
• Web-Based Solutions

Applications Covered:

• Admission And Registration Documents Management
• Image Management
• Patient Billing Documents Management
• Patient Medical Records Management

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Products Covered:
• Medical Document Management Services
• Medical Document Management Solutions

End Users Covered:
• Nursing Homes
• Insurance Providers
• Hospitals & Clinics
• Other Health Care Institutions

Regions Covered:

• North America
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea      
o Rest of Asia Pacific      
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:

– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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1 Executive Summary          
2 Preface           
 2.1 Abstract          
 2.2 Stake Holders         
 2.3 Research Scope          
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats          
 3.6 Application Analysis        
 3.7 Product Analysis         
 3.8 End User Analysis         
 3.9 Emerging Markets         
 3.10 Futuristic Market Scenario        
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
5 Global Medical Document Management Market, By Delivery Mode     
 5.1 Introduction         
 5.2 Cloud-Based Model         
 5.3 On-Premise Model         
 5.4 Web-Based Solutions         
6 Global Medical Document Management Market, By Application      
 6.1 Introduction         
 6.2 Admission And Registration Documents Management      
 6.3 Image Management         
 6.4 Patient Billing Documents Management       
 6.5 Patient Medical Records Management        
7 Global Medical Document Management Market, By Product      
 7.1 Introduction         
 7.2 Medical Document Management Services      
  7.2.1 Product Support Services  Education & Training Services Maintenance, Support


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