< Key Hightlight >
The global Medical Software market was valued at 124.97 Million USD in 2020 and will grow with a CAGR of 5.95% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Medical Software is a series of software that used for medical activity. It has one, both or all the function of recording, management and analysis. From increasing staff efficiency and accurate tracking of cases, surgical trays, instruments and implants to patient health management and government regulation, there are always have medical software to fit the needs.The Medical Software industry concentration is unbalanced, and there are many small and new companies in this industry. Global giant manufactures mainly distributed in U.S. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Cerner Corp and McKesson have relative higher level of product`s quality. The key consumption markets locate at developed countries. The USA takes the market share of 30.9% in 2016, followed by Europe with 24.2%. China`s consumption market has a quicker growing speed, with a market share of 10.2%. We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve. In the international market, the marketing channels characteristic differ from company to company. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position. Companies in developing countries such as China, in contrast, put more effort on native and domestic market, their product quality is not advanced enough when comparing with leading companies. Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, the developed areas` company now put more effort to underdevelopment regions these years. This industry is affected by the economy and policy, so it`s important to put an eye to economic indexes and leaders` prefer. With the global economic recovery, more and more people get used to the medical software, especially in underdevelopment regions that have a large population and fast economic growth, the need of medical software will increase.
By Market Verdors:
eClinicalWorks
McKesson
Cerner Corp
Allscripts
Athena Health
GE Healthcare
Epic Systems Corp
Quest Diagnostics (DELL)
Optum Health
NextGen Healthcare
Practice Fusion
Greenway Health
Carestream Health
Merge Healthcare (IBM)
Sunquest Information Systems
Meditech
Compugroup Medical
Computer Programs and Systems
Lexmark Healthcare
Agfa HealthCare
Neusoft
Winning Health Technology
By Types:
Medical Practice Management
EHR/EMR
Medical CRM
Websites and Patient Portals
By Applications:
Hospitals
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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