Global Practice Management System (Integrated, Standalone) Market Report 2023: A $25.5 Billion Market by 2030 - Cloud-Based Practice Management Systems Lead the Way with Faster Processing
DUBLIN, Sept. 25, 2023 /PRNewswire/ -- The "Practice Management System Market Size, Share, & Trends Analysis Report By Product (Integrated, Standalone), By Component (Software, Services), By Delivery Mode (Web-based, On-premises), By End-use, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global practice management system market size is expected to reach USD 25.5 billion by 2030. The market is expected to expand at a CAGR of 9.72% from 2023 to 2030
In the rapidly evolving healthcare landscape, the demand for efficient and cost-effective treatment options is driving significant advancements. Practice Management Systems (PMS) are increasingly adopted by healthcare providers worldwide, marking pivotal progress within the industry.
Market research attributes this rise in demand to factors such as the ever-increasing pressure to curtail healthcare expenditure, the evolution of healthcare settings, and a prominent shift towards digital health records. PMS is viewed as a vital tool that empowers mid-sized and large healthcare providers to deliver exceptional care cost-effectively.
The incorporation of these systems with other healthcare IT solutions further propels market growth. The changing dynamics of hospital and healthcare settings, along with a focus on cost-effective, high-quality care, contribute to market development.
Practice management systems enable mid-sized and large healthcare providers to offer the right treatment at an effective price, reducing treatment costs. Key players in the industry adopt strategies like product launches, collaborations, partnerships, and mergers & acquisitions to strengthen their position.
For example, in November 2022, Henry Schein, Inc. partnered with VideaHealth, a leading dental Artificial Intelligence (AI) platform, to introduce Dentrix Detect AI. This AI-enabled X-ray analysis tool integrates directly into Dentrix Practice Management Systems, showcasing the industry's commitment to innovation and efficiency.
Practice Management System Market Report Highlights
Key Topics Covered:
Chapter 1. Methodology and Scope
For more information about this report visit https://www.researchandmarkets.com/r/20pw7i
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1907
View original content:https://www.prnewswire.com/news-releases/global-practice-management-system-integrated-standalone-market-report-2023-a-25-5-billion-market-by-2030---cloud-based-practice-management-systems-lead-the-way-with-faster-processing-301937294.html
SOURCE Research and Markets
The Basics: Architecture & Platform Integration
Attention UCaaS Providers: What's Your Teams Strategy?
Generative AI Solutions Showcase Session