- Integrated
- Standalone
Medical Practice Management Software Market size was valued at USD 7.1 billion in 2023 and is expected to grow at a 7.6% CAGR over 2024-2030. It has been estimated with a significant growth with the help of key drivers which include, increasing emphasis on improving the quality of treatment and clinical performance, and increasing the need to minimize healthcare costs. There are restrains which hamper the growth, lack of in-house IT domain knowledge, high cost of deployment, data security and interoperability issues. Factors such as increasing the need to comply with regulatory requirements, government policies on eHealth provide multiple opportunities. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global medical practice management software market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global medical practice management software market
Medical Practice Management Software Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
7.6%
Largest Market
North America
Fastest Growing Market
Europe
Medical Practice Management Software Market Dynamics
It is noticed that the global medical practice management software market has a significant market growth rate on perspective of increasing need for maximizing chair-time utilization. Chair-time is the amount of time spent by patients at a doctor's office during assessment or care. Efficient use of chair-time allows clinicians handle more patients, resulting in increased sales and better earnings. However, issues such as inability to attend, short notice cancellations and unreserved chair-time are undermining the successful usage of chair-time in hospitals. Hospitals are also gradually embracing MPMS to address these difficulties.
North America Got Significant Share
Medical Practice Management Software Market Regional Analysis
North America contributed major revenue followed by Europe and Asia Pacific. In 2023, North America region accounted huge growth rate and is anticipated to grow with a forecast year. North Americas accounted for the largest share due to the presence of key market players and increasing need to curtail healthcare cost. Europe hold the second largest with technical and health-care improvements. Asia Pacific with improving economic conditions and a constructive government response towards healthcare sector boost the global medical practice management software market
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter Five Force Analysis in addition to recent technology advancements and innovations in the market
Medical Practice Management Software Market Segmentation
By Product Type
By Deployment Mode
- On-Premises
- Web-Based
- Cloud-Based
By End-User
- Physician
- Pharmacist
- Diagnostic Labs
- Others
By Geography
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Frequently Asked Questions
The medical practice management software market is projected to expand at a CAGR of 7.6% during the forecast period
Allscripts Healthcare Solutions, Inc. (U.S.), Athenahealth, Inc. (U.S.), Cerner Corporation (U.S.), Epic (U.S.), GE Healthcare (U.K.), Greenway Medical (U.S.), MEDITECH (U.S.), McKesson Corporation (U.S.), NextGen Healthcare (U.S).
Europe is the fastest-growing region for medical practice management software market
| 1. Executive Summary |
| 2. Global Medical Practice Management Software Market Introduction |
| 2.1. Global Medical Practice Management Software Market - Taxonomy |
| 2.2. Global Medical Practice Management Software Market -Definitions |
| 2.2.1. Product Type |
| 2.2.2. Deployment Mode |
| 2.2.3. End User |
| 3. Global Medical Practice Management Software Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Medical Practice Management Software Market Dynamic Factors - Impact Analysis |
| 3.6. Global Medical Practice Management Software Market - Competition Landscape |
| 4. Global Medical Practice Management Software Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Medical Practice Management Software Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Integrated |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Standalone |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Medical Practice Management Software Market Forecast, By Deployment Mode, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. On-Premises |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Web-Based |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Cloud-Based |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| Market Opportunity Analysis |
| 7. Global Medical Practice Management Software Market Forecast, By End User, 2019 - 2023 and Forecast, 2024 - 2030 |
| 7.1. Physician |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Pharmacist |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Diagnostic Labs |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Medical Practice Management Software Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Medical Practice Management Software Market - Opportunity Analysis Index, By Product Type, Deployment Mode, Application, End User and Region, 2024 - 2030 |
| 9. North America Medical Practice Management Software Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Integrated |
| 9.1.2. Standalone |
| 9.2. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. On-Premises |
| 9.2.2. Web-Based |
| 9.2.3. Cloud-Based |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Physician |
| 9.3.2. Pharmacist |
| 9.3.3. Diagnostic Labs |
| 9.3.4. Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Medical Practice Management Software Market - Opportunity Analysis Index, By Product Type, Deployment Mode, End User and Country, 2024 - 2030 |
| 9.6. North America Medical Practice Management Software Market Dynamics - Trends |
| 10. Europe Medical Practice Management Software Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Integrated |
| 10.1.2. Standalone |
| 10.2. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. On-Premises |
| 10.2.2. Web-Based |
| 10.2.3. Cloud-Based |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Physician |
| 10.3.2. Pharmacist |
| 10.3.3. Diagnostic Labs |
| 10.3.4. Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Medical Practice Management Software Market - Opportunity Analysis Index, By Product Type, Deployment Mode, End User and Country, 2024 - 2030 |
| 10.6. Europe Medical Practice Management Software Market Dynamics - Trends |
| 11. Asia-Pacific Medical Practice Management Software Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Integrated |
| 11.1.2. Standalone |
| 11.2. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. On-Premises |
| 11.2.2. Web-Based |
| 11.2.3. Cloud-Based |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Physician |
| 11.3.2. Pharmacist |
| 11.3.3. Diagnostic Labs |
| 11.3.4. Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Medical Practice Management Software Market - Opportunity Analysis Index, By Product Type, Deployment Mode, End User and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Medical Practice Management Software Market Dynamics - Trends |
| 12. Latin America Medical Practice Management Software Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Integrated |
| 12.1.2. Standalone |
| 12.2. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. On-Premises |
| 12.2.2. Web-Based |
| 12.2.3. Cloud-Based |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Physician |
| 12.3.2. Pharmacist |
| 12.3.3. Diagnostic Labs |
| 12.3.4. Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Medical Practice Management Software Market - Opportunity Analysis Index, By Product Type, Deployment Mode, End User and Country, 2024 - 2030 |
| 12.6. Latin America Medical Practice Management Software Market Dynamics - Trends |
| 13. Middle East and Africa Medical Practice Management Software Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Integrated |
| 13.1.2. Standalone |
| 13.2. Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. On-Premises |
| 13.2.2. Web-Based |
| 13.2.3. Cloud-Based |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Physician |
| 13.3.2. Pharmacist |
| 13.3.3. Diagnostic Labs |
| 13.3.4. Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Medical Practice Management Software Market - Opportunity Analysis Index, By Product Type, Deployment Mode, End User and Country, 2024 - 2030 |
| 13.6. MEA Medical Practice Management Software Market Dynamics - Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Allscripts Healthcare Solutions, Inc. (U.S.) |
| 14.2.2. Athenahealth, Inc. (U.S.) |
| 14.2.3. Cerner Corporation (U.S.) |
| 14.2.4. Epic (U.S.) |
| 14.2.5. GE Healthcare (U.K.) |
| 14.2.6. Greenway Medical (U.S.) |
| 14.2.7. MEDITECH (U.S.) |
| 14.2.8. McKesson Corporation (U.S.) |
| 14.2.9. NextGen Healthcare (U.S). |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Allscripts Healthcare Solutions, Inc.
- Athenahealth, Inc.
- Cerner Corporation
- Epic
- GE Healthcare
- Greenway Medical
- MEDITECH
- McKesson Corporation
- NextGen Healthcare