New Report Offers Physician Scheduling Systems Market, Trends, Future Prospects during 2017-2025

New research report offers a comprehensive analysis of the “Study Global Market on Physician Scheduling Systems: Clinics End Use Segment Poised to Grow at the Highest CAGR During 2017 - 2025” The main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.

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Overview of the global physician scheduling system market

According to Persistence Market Research, the global physician scheduling system market is anticipated to witness significant market valuation and a robust growth rate during the period of assessment 2017-2025. The physician scheduling system market has seen positive growth trend since 2012. In 2016, the global physician scheduling system market was valued at around US$ 105 Mn in 2016 and is estimated to reach a value of about US$ 330 Mn by the end of 2025. The global market is poised to grow at a robust rate to register a CAGR of 13.9% throughout the period of forecast. This growth is pushed by the increasing expenditure by healthcare institutes, favorable government regulations, rising demand for scheduling systems for different services and activities at healthcare facilities and increasing patient demand for better control and greater convenience.

Rising adoption of cloud based solutions is expected to present high growth opportunities to vendors dealing with physician scheduling systems. Various enterprises are opting for shifting their infrastructure to cloud services with a view to improve their businesses processes. The vendors operating in the physician scheduling systems have good opportunities to expand their business operations in emerging regions in the Asia Pacific owing to changing lifestyle of population, and high population in these regions. Additionally, partnerships and collaborations with mobile device OEMs can offer new growth paths and opportunities to physician scheduling system providers. The physician scheduling system application in a mobile device can increase customer base for vendors dealing with scheduling system applications and at the same time can lower the costs associated with maintenance and support for users.

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Hospitals to adopt physician scheduling systems on a large scale

In the end use category, hospitals segment is the largest and the most lucrative segment that the physician scheduling system vendors can target. Since hospitals involve large scale operations with a large number of patients and physicians, the use of scheduling systems has increased. With technological advancements, every healthcare institute and healthcare facility is looking forward to install new systems or upgrade their old systems. Physician scheduling systems in hospitals can deliver convenience to the management as well as enhanced patient outcomes. Moreover, these systems can ensure quick and timely physician visits. The sales revenue associated with physician scheduling systems generated from hospitals is valued at around US$ 54 Mn in 2017. This revenue is expected to rise at a high value CAGR of 14.1% during the period of forecast to touch a market valuation of more than US$ 155 Mn by the end of the year of assessment. The market share of hospitals segment is expected to rise by 2025 and it is anticipated to gain BPS by the end of the assessment period.

Others end use segment is expected to witness slow growth during the period of forecast. In 2017, the market share of others end use segment was 19.1%, however by the end of 2025, it is anticipated to lose BPS as well as market share. In 2017, the others segment valued at around US$ 22 Mn and is estimated to touch a value of about US$ 53 Mn by the end of the year of assessment.

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