|10-19-2017 02:04 PM CET - Health & Medicine||
Patient Case Management Software Market to Reach US$ 2194.5 Mn by 2025, Growing at a CAGR of 10.0% from 2017 to 2025
Press release from: Research N Reports
In terms of revenue, the Global Patient Case Management Software Market stood at US$ 930.7 Mn in 2016 and is anticipated to reach US$ 2194.5 Mn by 2025, growing at a CAGR of 10.0% from 2017 to 2025. The patient case management software is usually a web based software solution that covers scheduling, progress notes, treatment planning and billing for patients and often out-patients. They offer patients, quality care with the usage of services and products in a cost-effective way and at a reduced risk. This software is used in hospitals, clinics, rehabilitation centers etc. Owing to the rising demand of this software, the global market is expected to grow at a fast pace in the near future.
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The Global Patient Case Management Software Market is enhanced by factors such as:
Increasingly affordable computing infrastructure.
• An undeniable shift toward patient-centric care.
• Growing integration of hospitals.
Based on product segmentation, the integrated software segment is expected to account for the largest share of the Global Patient Case Management Software Market. The compatibility of the software with the equipment is examined by the manufacturer beforehand and easy handling and fast processing are additional factors that contribute to the adoption of this software. The standalone software segment is expected to grow at the highest CAGR during the forecast period. Additionally, the standalone software provides high flexibility and easy-to-use tools to examine, evaluate, and process imaging data. These advantages are driving its growth in the market.
On the basis of mode of delivery, the cloud-based segment of the Global Patient Case Management Software Market is assumed to grow at a higher rate due to scalability, more flexibility, and affordability provided by these solutions. The major contributor to the segment’s growth is the low total cost of deployment and faster implementation process.
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Based on end-user, the hospitals are expected to register the highest CAGR over the forecast period. The greater use of patient case management software in hospitals (as compared to clinics and rehabilitation centers) and high patient inflow are expected to boost the demand for this segment.
Geographically, North America is anticipated to dominate the Global Patient Case Management Software Market owing to increase in consumer expenditure in the healthcare domain, growing frequency of chronic diseases, governmental improvements, and enhanced healthcare framework. The Europe market is also expected to grow at a fast pace in the coming period. Asia Pacific region is anticipated to nurture at a significant rate in the near future owing to rising geriatric population, increase in demand for better care facilities at inexpensive cost, and government support.
Some of the significant players functional in the Global Patient Case Management Software Market include Athena Software, Evariant, Bridge Patient Portal, TCS Healthcare Technology, HealthStream, Streamline Healthcare Solutions, DataCare, The Diary CarePro, Eccovia Solutions, Hyland Software, Allscripts, Social Solutions, QuickPractice, FAMCare, Orion Healthcare Technology, Medecision, Next Healthcare Technologies and so on.
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This release was published on openPR.
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