SAN FRANCISCO, November 14, 2016 /PRNewswire/ --
The global practice management systems market isexpected to reach USD 17.6 billion by 2024, according to the new report by Grand View Research, Inc. Development of value added services, i.e., integration of practice management system with other healthcare IT solutions
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Moreover, changing dynamics of the hospital industry is expected to involve centralization and digitalization of the back end processes, thereby demanding the implementation of practice management system, which in turn in anticipated to positively impact the market growth.
The presence of a large population over 60 years globally, which has lower immunity levels and is prone to PAH and associated diseases, which is a high impact-rendering driver for the growth of the market over the forecast period.
Government initiatives to upgrade healthcare facility infrastructure, such as the ObamaCare Act in the U.S., which mandated the presence of such systems for practices to be carried out across the nation, is a vital growth factor of the market.
The key suppliers of the practice management systems include companies such as Henry Schein MicroMD; Allscripts Healthcare Solutions, Inc.; AdvantEgde Healthcare Solutions; athenahealth, Inc.; MediTouch; GE Healthcare; Practice Fusion; Greenway Medical; McKesson Corporation; Accumedic Computer Systems; and NextGen Healthcare Information System LLC
Browse full research report with TOC on "Practice Management System Market Analysis By Product (Integrated, Standalone), By Delivery Mode (On-premise, Web-based, Cloud-based), By Component, By End-Use (Physician office, Pharmacies, Diagnostic Laboratories) And Segment Forecasts, 2013 - 2024" at: http://www.grandviewresearch.com/industry-analysis/practice-management-systems-market
Further Key Findings from the study suggest:
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Grand View Research has segmented the PMS market on the basis of product, component, delivery mode, end-use and region:
Access research insight: http://www.grandviewresearch.com/research-insights/practice-management-systems-market-insights-global-industry-share-outlook
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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SOURCE Grand View Research, Inc.
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