The report "Medical Document Management Systems Market by Solution (Document Scanning Software, Document Management Software), Application (Medical Records Management), Mode of Delivery (Web-Based, Cloud-Based), & by End-User (Hospitals) - Global Forecasts to 2019", The global Medical Document Management Systems Market is estimated to be worth around $220 Million in 2014 and $424.5 Million by 2019, at a CAGR of 13%-14% during the forecast period of 2014 to 2019.
Browse 187 market data tables and 39 figures spread through 200 pages and in-depth TOC on “Medical Document Management Systems Market”
Early buyers will receive 10% customization on this report.
The medical document management systems market recorded a healthy growth rate during the last few years, primarily attributed to the need for digitization and automation in the healthcare sector, rising need to comply with regulations and laws to avoid penalties, and the need to improve the quality of healthcare and increase clinical efficiency. Government initiatives and funding to bring e-Health to the healthcare sector across the globe has driven the adoption of EMR systems and other healthcare IT systems. All these systems necessitate the deployment of document management systems to streamline the workflow and manage business processes.
Read More | Get The Sample Copy:
Moreover, factors such as the need to curtail healthcare delivery costs and create a paperless environment to reduce medical errors are expected to drive this market in the coming years. Other factors are the increasing number of multi-specialty hospitals, modernization in healthcare, and improved clinical studies through computerized patient case notes. However, the large number of players in this market and difficulties in integration of document management systems with other existing IT systems are posing a big challenge to market growth.
In this report, the market is segmented by products, applications, modes of delivery, end users, and region. The report also discusses the key market drivers and restraints of, and the opportunities and trends in, this market and its submarkets. The market is expected to grow at a double-digit CAGR from 2014 to 2019.
In 2013, North America was the major market for medical document management systems, followed by Europe, and Asia-Pacific. Highly developed healthcare IT infrastructure, number of healthcare reforms and advent of new technologies, and favorable regulatory compliance in the North American and European region has led to the major contribution of these regions to the global medical document management market. However, the growth opportunities for this market are highest in the Asia-Pacific and RoW regions. The APAC market is expected to grow at a highest CAGR during the forecast period.
You can speak To Research Analyst to know more about Report:
Prominent players in the medical document management systems market include McKesson Corporation (U.S.), 3M Company (U.S.), Siemens Medical Solutions USA, Inc. (U.S.), GE Healthcare (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Toshiba Medical systems Corporation (Japan), Cerner Corporation (U.S.), Kofax Ltd (U.S.), EPIC systems (U.S.), and Hyland Software (U.S.).
Browse Related Reports:
Healthcare Workforce Management Systems Market by Solution (Talent Management, Time & Attendance, Scheduling, Optimization Services), by Mode of Delivery (Cloud-based, Web-based), by End-User (Hospital, Long Term Care) - Global Forecast to 2019.
Long-term Care Software Market by Product (EHR, eMAR, Payroll Management), Mode of Delivery (Web-based, On-premises, Cloud-based) & End User (Nursing Homes, Home Health Agencies, Assisted Living Facilities) - Global Forecast to 2019.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Healthcare Domain @ http://www.marketsandmarkets.com/Subscription.html
Unit No. 802, 8th Floor,
Tower - 7, Magarpatta City SEZ,
Hadapsar, Pune – 411013,
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/healthcareit
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets