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Medical Scheduling Software Market Industry Estimated to Rise Profitably With Key Companies Like: WellSky, AdvancedMD, TimeTrade, Yocale, Voicent

06-10-2019 09:05 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight partners

Medical Scheduling Software Market Industry Estimated to Rise

Global medical scheduling software market expected to be US$ 267.83 Mn in 2018 and is predicted to grow at a CAGR of 13.0% during the forecast period 2019 – 2027, to reach US$ 789.56 Mn by 2027.

The medical scheduling software market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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The market for medical scheduling software is expected to grow, owing to factors such as rising adoption of patient-centric approach by healthcare providers and shortage of nursing staff and doctors. In addition, increasing usage of smartphones, tablets & pads to boost adoption of solutions is likely to have a positive impact on the growth of the market in the coming years.

The major players operating in the surgical microscopes market include:-
• MPN Software Systems,
• American Medical Software,
• TimeTrade,
• AdvancedMD,
• StormSource,
• ByteBloc Software,
• Daw Systems,
• WellSky,
• Voicent Communications,
• Yocale Network Corporation,
• among others.

The market has witnessed limited developments during the recent years. During July, 2018, AdvancedMD completed the acquisition of Nuesoft Technologies, Marietta, Georgia-based SaaS platform providing practice management, clinical and medical billing applications to simplify all aspects of running an independent practice.

The global medical scheduling software market by software was led by web based software segment. In 2018, the web-based software held a largest market share of 68.48% of the medical scheduling software market, by software. The segment is also expected to witness growth at a significant rate owing to the availability of efficient as well as affordable appointment services being offered to the users.

The global medical scheduling software market by end user segment was led by hospitals segment. In 2018, the hospitals segment held a largest market share of 42.47% of the medical scheduling software market, by end user. The hospitals segment is also expected to dominate the market in 2027, since the number of patients visiting the hospital is significantly high owing to the availability of reimbursements as well as advanced healthcare facilities.

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Medical Scheduling Software Market –Segments

By Software
• Web Based Software
• Installed Software

By End User
• Hospitals
• Clinics
• Other End Users

By Geography
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South and Central America

There have been limited developments made in the medical scheduling software market during the recent years. However, growth strategies such as expansion and acquisitions have been witnessed in the market. For instance, during July, 2018 when AdvancedMD completed the acquisition of Nuesoft Technologies, Marietta, Georgia-based SaaS platform providing practice management, clinical and medical billing applications to simplify all aspects of running an independent practice. Also, expansion by WellSky by the establishment of its headquarters in Kansas during March, 2018 has helped the company strengthen its customer base in the Kansas market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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