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06-Nov-2023

Integrated Practice Management Software (IPMS) Market Size, Share, Growth, By Emerging Trends, Business Strategies, Developing Technologies, Overview

Global Integrated Practice Management Software (IPMS) Market analysis report encompasses the growth factors of the worldwide market based on end-users. Also, the industry changing factors for the market segments are explored in this report. The report forecasts the innovative applications of the product market on the basis of several estimations. This industry report also provides market price analysis and value chain features. The market research performed over here was provided for leading growth status, including developments, segmentation, landscape analysis, product types and applications. Global Integrated Practice Management Software (IPMS) Market document gives information about the competitive situation among the market vendors and company profile.

Integrated Practice Management Software (IPMS) Market report is a great source of the best market and business solutions for HEALTHCARE industry in this rapidly changing market place. This can be elucidated more explicitly in terms of breakdown of data by manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The key research methodology that has been utilized here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation.

There is a strong desire for more time and resource efficiency in General Practitioner (GP) offices that are already overburdened by the rising chronic disease load and shrinking staff numbers. A supportive regulatory environment also drives an increase in dependence on healthcare information technology.

Data Bridge Market Research analyses that the integrated practice management software (IPMS) market which was USD 4768 million in 2021, would rocket up to USD 10295.20 million by 2029, and is expected to undergo a CAGR of 10.1% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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IPMS (Integrated Practice Management Software) is a medical/healthcare software solution that assists with the administrative chores and tasks associated with providing healthcare services. The integrated version of this program offers patients and healthcare professionals all essential duties and aids in attaining simplicity of use, such as organizing appointments, taking care of insurance remuneration, billing, and various other tasks.

Drivers

  • Increase in the number of chronic diseases

There is a significant demand for greater efficiency in time and resources. A favorable regulatory environment is also contributing to a greater reliance on healthcare information technology, which is driving market expansion by increasing the need to strengthen systems across primary healthcare for efficient operation.

  • Improving the effectiveness of current medical practices and institutions

Long-term savings in time and resources and a high return on investment. Electronic data is quickly becoming a hot topic in the healthcare IT sector.

Opportunities

The high prevalence of patient visits, lower total process costs, and enhanced efficiency and effectiveness across the board, the growing need for and attention to administrative operations and duties in healthcare institutions is expected to expand market growth.

Restraints/Challenges

Concerns about data theft and mismanagement of personal and patient information as a result of the system’s adoption; this aspect is predicted to limit market expansion. There is no collaboration from the people who will be future users of the IMS and lack of support from management directors.

This integrated practice management software (IPMS) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the integrated practice management software (IPMS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Integrated Practice Management Software (IPMS) Market Scope

By Product

On the basis of product the market is segmented into Electronic Health Record (EHR)/Electronic Medical Record (EMR), Electronic Prescribing (e-RX), Patient Management and Others.

By Component

  • Services
  • Software

On the basis of component the market is segmented into services and software.

By Deployment Mode

  • Web-Based
  • Cloud
  • On-Premise

On the basis of deployment mode the market is segmented into web-Based, cloud and on-Premise.

By End-User

  • Physician Offices and Clinics
  • Hospitals and Clinics
  • Pharmacies
  • Healthcare Payers
  • Others

On the basis of end-user the market is segmented into Physician Offices and Clinics, hospitals and clinics, pharmacies, healthcare payers and others.

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Some of the major players operating in the integrated practice management software (IPMS) market are:

  • McKesson Corporation (U.S)
  • Cerner Corporation (U.S)
  • Henry Schein (U.S)
  • eClinicalWorks (U.S)
  • EPIC Systems Group, LLC. (U.S)
  • Greenway Health, LLC(U.S)
  • NXGN Management, LLC. (U.S)
  • NexTech Infosystems (U.S)
  • Athenahealth, Inc. (U.S)
  • GE Healthcare (U.S)
  • Allscripts Healthcare, LLC (U.S)
  • Practice Fusion, Inc. (U.S)
  • MediTouch (Israel)

Integrated Practice Management Software (IPMS) Market Regional Analysis/Insights

The integrated practice management software (IPMS) market is analyzed and market size insights and trends are provided by country, type, price range, application and end-user as referenced above.

The countries covered in the integrated practice management software (IPMS) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to dominate the market due to better healthcare infrastructure and a rising geriatric population. Medical practice management in the United States helps in every aspect of healthcare accounts, billing, appointments, and insurance details of the patients.

Key Advantages of the Report: 

  • This study provides an analytical overview of the industry, including current trends and future predictions to identify potential investment opportunities.
  • The report offers insights into key drivers, limitations, and prospects, along with a comprehensive market share analysis.
  • The report quantitatively assesses the current market, shedding light on its growth prospects.
  • A Porter’s five forces analysis gauges the bargaining power of buyers and suppliers in the market.
  • The report delivers an in-depth market analysis that considers competitive dynamics and forecasts the future competitive landscape.

 What to Anticipate from the Report – A 7-Point Guide:

  • The report delves into the holistic strategy and innovation within the market ecosystem.
  • It highlights prominent market drivers and obstacles, providing clarity on technological standardization and regulatory frameworks.
  • The report evaluates various implementation models and examines numerous use cases.
  • Serving as a valuable resource, the report offers essential industry insights, showcasing information on new investments, stakeholders, relevant contributors, and market participants.
  • Through the forecast period, the report conducts a thorough market analysis, referencing historical developments, ongoing events, and future growth prospects.

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About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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Editor Details

  • Company:
    • The Wire Times
Last Updated: 06-Nov-2023