The global medical document management systems market size reached US$ 551.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,111.7 Million by 2028, exhibiting a growth rate (CAGR) of 11.9% during 2023-2028.
More Info:- https://www.imarcgroup.com/medical-document-management-systems-market
2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Medical Document
Management Systems Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the global medical document
management systems market size reached US$ 551.0 Million in 2022.
Medical document management systems (DMS) are advanced software
solutions designed to track, manage, and store documents digitally while
minimizing paper usage and human intervention. It enables physicians and
staff members to retrieve voluminous piles of word-processing documents,
scanned images, and files generated from electronic healthcare records
(EHRs).
Medical DMS provides an easy-to-operate interface that helps manage medical
records, simplify and modernize the billing process, enhance workflow, and
facilitate an efficient data and information flow. Apart from this, it offers
secured access, allows better collaborations, ensures instant processing with
minimum errors, and provides better backup and disaster recovery solutions.
As a result, medical DMS is frequently utilized across hospitals, clinics,
nursing homes, and insurance agencies to enhance patient care quality, meet
regulatory compliances, and improve overall productivity.
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4. Report Description
Global Medical Document Management Systems Market Trends:
The rapid digitalization in the healthcare sector and the rising need for efficient data management solutions to organize,
analyze, and transmit real-time documents are primarily driving the market growth. In line with this, the increasing
prevalence of various chronic diseases and the escalating number of patients being treated has further facilitated the
demand for medical DMS to minimize data storage issues, which, in turn, is acting as another growth-inducing factor.
Additionally, the widespread adoption of healthcare information technolog y (IT) to convert medical documents into digital
formats is supporting the market growth. Such solutions further facilitate faster data retrieval, reduce physical effort, and
eliminate the risk of accidentally losing, misplacing, or destroying records.
Moreover, the escalating usage of electronic health records (EHR), the intensive need to comply with government
regulations, and the heightened focus on research and development (R&D) prof iciencies in terms of medical devices are
propelling the market growth. Furthermore, the surge in public-private funding for target research and drug discover y
activities and the extensive utilization of health management information systems (HMIS) are contributing to the market
growth. Other factors, such as significant technological advancements, the ongoing establishment of multi-specialty
hospitals and polyclinics, the growing need to ensure the confidentiality of medical records and their retention, and
strategic collaborations amongst k ey players, are positively impacting the market growth.
Looking forward, the market value is projected to reach US$ 1,111.7 Million by 2028, expanding at a CAGR
of 11.9% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/medical-document-management-
systems-market
5. Report
Segmentation
Breakup by Product:
• Solution
• Services
Breakup by Mode of Delivery:
• Web-based and Cloud-based
• On-premises
Breakup by Application:
• Patient Medical Records Management
• Admission and Registration Documents
Management
• Patient Billing Documents Management
• Others
6. Report
Segmentation
Breakup by End User:
• Hospitals and Clinics
• Insurance Providers
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• 3M Company
• Allscripts Healthcare Solutions Inc.
• Athenahealth Inc.
• Cerner Corporation
• Epic Systems Corporation
• General Electric Company
• Hyland Software Inc.
• Kofax Inc.
• McKesson Corporation
• Nextgen Healthcare Inc.
• Siemens Aktiengesellschaft
• Toshiba Corporation.
8. Key Questions
Answered in
the Report
What was the size of the global medical document
management systems market in 2022?
What is the expected growth rate of the global medical
document management systems market during 2023-2028?
What has been the impact of COVID-19 on the global medical
document management systems market?
What are the key factors driving the global medical document
management systems market?
What is the breakup of the global medical document
management systems market based on the product?
What is the breakup of the global medical document
management systems market based on the mode of delivery?
9. Key Questions
Answered in
the Report
What is the breakup of the global medical
document management systems market based on
application?
What is the breakup of the global medical
document management systems market based on
the end user?
What are the key regions in the global medical
document management systems market?
Who are the key players/companies in the global
medical document management systems market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medical Document Management Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Solution
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Services
6.2.1 Market T rends
6.2.2 Market Forecast
7 Market Breakup by Mode of Delivery
7.1 W eb-based and Cloud -based
7.1.1 Mark et T rends
7.1.2 Mark et Forecast
11. Table of
Contents
7.2 On-premises
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Application
8.1 Patient Medical Records Manag ement
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Admission and Reg istration Documents Manag ement
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Patient Billing Documents Manag ement
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Others
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
9 Market Breakup by End User
9.1 Hospitals and Clinics
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Insurance Providers
9.2.1 Mark et Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Mark et Trends
9.3.2 Mark et Forecast
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systems-market/toc