Healthcare Enterprise Software Market by Delivery Channel (On-Premise and Cloud-Based), By End User (Healthcare Providers and Healthcare Payers) and By Product and Services (Revenue Cycle Management, Customer Relationship Management Business Intelligence, and Enterprise Content Management): Global Opportunity Analysis and Industry Forecast 2021–2028

ID: VPR/HC/289 Publishing Year: June 2021 Pages: 178 Format:   


Healthcare Enterprise Software Market Overview:

The increased usage of HER and EMR is a major factor influencing the Healthcare Enterprise Software Market. According to the WHO report data from 2016, there has been a steady increase in the deployment of national electronic health record (EHR) systems over the last 15 years. Around half of high-income and upper-middle-income countries have implemented national EHR systems. According to the Office of the National Coordinator for Health Information Technology, in 2017, roughly 9 out of 10 office-based physicians in the United States. Furthermore, rising customer demand for effective and efficient care, as well as increased knowledge of improved technology, will drive demand for healthcare enterprise software in the future years.

In the projected period, rising technical advancements to improve healthcare IT infrastructures, such as the use of IoT, AI, cloud computing, and big data in healthcare units, are expected to boost market demand. HyGen Pharmaceuticals and American Occupational Network, for example, improve patient care by digitising health information and updating clinical processes using cloud-based software, according to the healthcare management firm. Billing to insurance companies and individuals will become more accurate and faster as a result of using the service, and the cost of medical transcribing will be reduced by 80%. Similarly, Mount Sinai Hospital in Toronto is collaborating with the Canadian government to build a community cloud that would give 14 local institutions shared access to patient data storage and a foetal ultrasound programme. Furthermore, increased government mandates and support for the maintenance of patient electronic health information across healthcare facilities are boosting market growth. Inadequate data network coverage, on the other hand, may stymie the industry in the long run. Concerns about data security are also having a detrimental impact on the market. Nevertheless, the current industry trends, such as growing IT infrastructure worldwide, and escalating need for home health services, are expected to offer several beneficial market opportunities to the key players.

Key Players:

MEDICAL Information Technology Inc., SAP SE, CPSI, Meta Inc., Elinext Group, EPIC Systems Corporation, INFOR Inc., Cognizant, Oracle, Jag products LLC, Allscripts Healthcare, LLC, Cerner Corporation, General Electric Company, and Koninklijke Philips NV.

Segmentation:

On the basis of Product and Services, Delivery Channel, and End User, the healthcare enterprise software market is divided. The growth of these sectors will assist you in analysing meagre growth segments in the industries, as well as providing users with a comprehensive market overview and industry insights to aid them in making strategic decisions for core market application identification.

The Healthcare Enterprise Software Industry is divided into four categories based on product and services: revenue cycle management (RCM), customer relationship management (CRM), business intelligence, and enterprise content management.

The Healthcare Enterprise Software Industry is divided into two categories based on delivery mode: on-premise and cloud-based.

The Healthcare Enterprise Software Market is divided into two types of end users: healthcare providers and healthcare payers.

Regional Analysis:

The United States, Canada, and Mexico in North America, Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and the Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, and the Philippines, and the Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, are among the countries covered in the healthcare enterprise software market report.

North America accounts for the lion's share of the healthcare enterprise software market. The increasing use of software by healthcare professionals will also boost the industry's growth. The province's market is expected to benefit from the growing influence of automated treatment records.

Individual market affecting factors and changes in legislation in the domestic market are also discussed in the country section of the healthcare enterprise software market study, which have an impact on the industry's current and future trends. Some of the primary pointers utilised to anticipate the market situation for individual countries include consumption quantities, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and down-stream and upstream value chain analysis. While offering forecast analysis of the nation data, the presence and availability of global brands, as well as the obstacles they face owing to significant or scarce competition from local and domestic brands, the influence of domestic tariffs, and trade routes are all taken into account.

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