Global Medical Document Management Systems Market 2024-2028
The medical document management systems market is forecasted to grow by USD 480.32 mn during 2023-2028, accelerating at a CAGR of 12.33% during the forecast period. The report on the medical document management systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased efficiency and productivity in MDMs, adherence to compliance set by healthcare institutions, and the presence of favorable government initiatives.
Technavio's medical document management systems market is segmented as below:
By Deployment
By End-user
- Hospitals and clinics
- Nursing and home healthcare
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increasing focus on detailed and customized reporting as one of the prime reasons driving the medical document management systems market growth during the next few years. Also, the rising adoption of analytics in MDMs and the growing adoption of cloud-based solutions will lead to sizable demand in the market.
The report on the medical document management systems market covers the following areas:
- Medical document management systems market sizing
- Medical document management systems market forecast
- Medical document management systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical document management systems market vendors that include 3M Co., athenahealth Inc., Canon Inc., Compulink Management Center Inc., Epic Systems Corp., Exela Technologies Inc., General Electric Co., Hyland Software Inc., International Business Machines Corp., Konica Minolta Inc., McKesson Corp., Microsoft Corp., NextGen Healthcare Inc., Open Text Corp., Oracle Corp., Pericent BPM and DMS Software Pvt. Ltd., Siemens AG, Thomson Reuters Corp., Toshiba Corp., and Veradigm LLC. Also, the medical document management systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.