Healthcare Enterprise Software Market Analysis
The Global Healthcare Enterprise Software Market is expected to touch USD 5.20 billion at a staggering 15.7% CAGR over the forecast period (2017-2023). Healthcare software is used by nursing homes and hospitals for managing data both clinical and non-clinical.
There are abundant factors that is propelling the growth of the Healthcare Enterprise Software Market. These factors as per the MRFR (Market Research Future) report include increase in software solutions available exclusively for healthcare management, increasing global competition, increasing awareness about enterprises software, introduction of new software services, technological advancement and innovation, entry of novel industry players, increasing number of enterprises across the world, strict rule governing the patient information management and attention on electronic health records. On the contrary, price of the software solution is likely to impede the growth of the healthcare enterprise software market.
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It helps in maintaining patient records electronically resulting in hassle-free storage and retrieval. Such software aids in managing, securing and analyzing information precisely in healthcare environment. Ample data can be stored here rather than handling records manually.
Healthcare Enterprise Software Market Segmentation
MRFR report offers a broad segmental analysis of the healthcare enterprise software market on the basis of types, mode of delivery, applications and end users.
- Based on types, it is segmented into billing, HR management software, laboratory management software, OT management software, scheduling software, inventory management software, patient registration software and others.
- Based on mode of delivery, the healthcare enterprise software market is segmented into cloud base and on-premise.
- Based on application, it is segmented into non-clinical, clinical and others.
- Based on end users, the healthcare enterprise software market is segmented into pharmacy, clinics, hospitals and others.
Leading players profiled in the healthcare enterprise software market include,
- CompuGroup (UK)
- Medidata Solutions (US)
- Athenahealth (US)
- Cerner Corporations (US)
- McKesson Corporation (US)
- Infosys Ltd. (U.S)
- Cognizant Technology Solutions Corporation (U.S.)
- IBM Corporation (U.S)
- Allscripts Healthcare Solutions (U.S)
- and Microsoft Corporation (U.S).
In 2019– Amazon has come up with its latest software which makes the Alexa voice assistant Health Insurance Portability and Accountability Act (HIPAA) compliant. This will pave the way for technical giants in strengthening their foothold in healthcare.
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Main objective of this research is to provide information about healthcare enterprise software market by types, mode of delivery, application and end users.
- To provide detailed analysis of the market structure along with forecast for the next seven years of various segments and sub-segments of the healthcare enterprise software market.
- To provide insights about factors affecting the market growth.
- To analyze the healthcare enterprise software market based on various factors which includes Price Analysis, Supply Chain Analysis, Porter’s Five Force Analysis etc.
- To provide historical and forecast revenue of the market’s segments and sub-segments with respect to four main geographies which includes – Americas, Europe, Asia Pacific and Middle East & Africa and their countries.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segments which includes, by mode of delivery, by type, by application, by end users and its sub-segments.
Healthcare Enterprise Software Market Regional Analysis
Globally, the healthcare enterprise software market consists of four regions, namely Americas, Europe, Asia Pacific and Middle East & Africa. North America is the largest market whose growth is attributed to the extensive use of healthcare software by healthcare professionals and growing importance of electronics medical records. Europe is the second largest market, owing to an increase in adoption of information technology for healthcare management. Asia Pacific shows the fastest growth in this market because of rising awareness about software and replacement of manual records by electronic ones. The market shows a steady growth in the Middle East and Africa.
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