Product Code: GVR-1-68038-282-2
Practice Management System Market Growth & Trends:
The global practice management system market size was estimated at USD 25.54 billion in 2030 and is expected to grow at a CAGR of 10.19% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.72% from 2023 to 2030. Demand for cost-effective treatment options, unprecedented medical emergencies such as COVID-19, and digitization of healthcare records are the key factors driving the market growth. Moreover, unpreparedness for the global COVID-19 pandemic has further heightened the need for digitized interoperability solutions providing faster and more effective results. The rising adoption of EHR, telehealth in developed as well as developing economies is anticipated to provide this market with a lucrative growth platform in the coming years.
Increasing pressure to curb healthcare costs along with changing dynamics of hospital/healthcare settings is fueling the demand for practice management systems. In addition, a rising focus on implementing cost-effective and high-quality care are also likely to contribute to the market development. Healthcare institutes are witnessing a paradigm shift as a result of the changing dynamics of the business models. The development of new value-added services such as integration of practice management systems with other healthcare IT solutions, such as Computerized Physician Order Entry (CPOE) and laboratory information systems, is anticipated to propel the market growth over the next few years.
Practice management systems enable mid-sized and large healthcare providers in offering the right treatment at an effective price, thus reducing treatment costs. Most of the key players adopt strategies, such as product launches, collaborations, partnerships, and mergers & acquisitions to strengthen their industry position. For instance, in November 2022, Henry Schein, Inc. company partnered with VideaHealth, a leading dental Artificial Intelligence (AI) platform. As a result, Henry Schein One is introducing Dentrix Detect AI powered and manufactured by VideaHealth, an AI-enabled X-ray analysis tool that integrates directly into Dentrix Practice Management Systems.
Practice Management System Market Report Highlights:
- The integrated systems segment accounted for the largest revenue share of 74.87% in 2024, owing to the benefits associated with the product.
- Based on delivery mode, the web-based delivery mode segment accounted for the largest share of 47.81% in 2024. The web-based management system is gaining popularity as it automatically gets updated as the changes occur, thus causing little disruption to the workflow
- The software segment accounted for the largest revenue share of 66.39% in 2024. Software is easy to install, use, and retrieve records owing to intuitive user interfaces and continuous product upgrades.
- The physician back-office segment held the largest revenue share of 56.16% in 2024. The segment growth is attributed to the digitization of documents and databases
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Product
- 1.2.2. Delivery Mode
- 1.2.3. Component
- 1.2.4. End Use
- 1.3. Estimates and Forecast Timeline
- 1.4. Research Methodology
- 1.5. Information Procurement
- 1.5.1. Purchased Database
- 1.5.2. GVR's Internal Database
- 1.5.3. Secondary Sources
- 1.5.4. Primary Research
- 1.6. Information Analysis
- 1.6.1. Data Analysis Models
- 1.7. Market Formulation & Data Visualization
- 1.8. Model Details
- 1.8.1. Commodity Flow Analysis
- 1.9. List of Secondary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing adoption of healthcare IT solutions
- 3.2.1.2. Rising need for operational efficiency in healthcare facilities
- 3.2.1.3. Emergence of AI-driven analytics
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Data privacy and security concerns
- 3.2.2.2. Complexity of regulatory compliance
- 3.2.3. Market Opportunity Analysis
- 3.2.4. Market Threat Analysis
- 3.3. Case Studies
- 3.4. Technological Advancement
- 3.5. Business Environment Analysis
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Supplier power
- 3.5.1.2. Buyer power
- 3.5.1.3. Substitution threat
- 3.5.1.4. Threat of new entrant
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTLE Analysis
Chapter 4. Practice Management System Market: Product Estimates & Trend Analysis
- 4.1. Product Segment Dashboard
- 4.2. Product Market Share Movement Analysis, 2024 & 2030
- 4.3. Market Size & Forecasts and Trend Analysis, by Product, 2018 to 2030 (USD Million)
- 4.4. Integrated
- 4.4.1. Integrated market, 2018 - 2030 (USD Million)
- 4.4.2. EHR/EMR
- 4.4.2.1. EHR/EMR market, 2018 - 2030 (USD Million)
- 4.4.3. e-Rx
- 4.4.3.1. Integrated market, 2018 - 2030 (USD Million)
- 4.4.4. Patient engagement
- 4.4.4.1. Patient engagement market, 2018 - 2030 (USD Million)
- 4.4.5. Others
- 4.4.5.1. Others market, 2018 - 2030 (USD Million)
- 4.5. Standalone
- 4.5.1. Standalone market, 2018 - 2030 (USD Million)
Chapter 5. Practice Management System Market: Delivery Mode Estimates & Trend Analysis
- 5.1. Delivery Mode Segment Dashboard
- 5.2. Delivery Mode Market Share Movement Analysis, 2024 & 2030
- 5.3. Market Size & Forecasts and Trend Analysis, by Delivery Mode, 2018 to 2030 (USD Million)
- 5.4. Web-based
- 5.4.1. Web-based market, 2018 - 2030 (USD Million)
- 5.5. On-Premise
- 5.5.1. On-Premise market, 2018 - 2030 (USD Million)
- 5.6. Cloud-based
- 5.6.1. Cloud-based market, 2018 - 2030 (USD Million)
Chapter 6. Practice Management System Market: Component Estimates & Trend Analysis
- 6.1. Component Segment Dashboard
- 6.2. Component Market Share Movement Analysis, 2024 & 2030
- 6.3. Market Size & Forecasts and Trend Analysis, by Component, 2018 to 2030 (USD Million)
- 6.4. Software
- 6.4.1. Software market, 2018 - 2030 (USD Million)
- 6.5. Services
- 6.5.1. Services market, 2018 - 2030 (USD Million)
Chapter 7. Practice Management System Market: End Use Estimates & Trend Analysis
- 7.1. End Use Segment Dashboard
- 7.2. End Use Market Share Movement Analysis, 2024 & 2030
- 7.3. Market Size & Forecasts and Trend Analysis, by End Use, 2018 to 2030 (USD Million)
- 7.4. Physician Back Office
- 7.4.1. Physician back office market, 2018 - 2030 (USD Million)
- 7.4.2. Ambulatory Settings
- 7.4.2.1. Ambulatory settings market, 2018 - 2030 (USD Million)
- 7.4.3. Others
- 7.4.3.1. Others market, 2018 - 2030 (USD Million)
- 7.5. Diagnostic Laboratories
- 7.5.1. Diagnostic laboratories market, 2018 - 2030 (USD Million)
- 7.6. Other Settings
- 7.6.1. Other settings market, 2018 - 2030 (USD Million)
- 7.7. Pharmacies
- 7.7.1. Pharmacies market, 2018 - 2030 (USD Million)
Chapter 8. Practice Management System Market: Regional Estimates & Trend Analysis
- 8.1. Regional Market Dashboard
- 8.2. Regional Market: Key Takeaways
- 8.3. North America
- 8.3.1. North America practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.2. U.S.
- 8.3.2.1. Key country dynamic
- 8.3.2.2. Regulatory framework
- 8.3.2.3. Competitive insights
- 8.3.2.4. U.S. practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Canada
- 8.3.3.1. Key country dynamic
- 8.3.3.2. Regulatory framework
- 8.3.3.3. Competitive insights
- 8.3.3.4. Canada practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.4. Mexico
- 8.3.4.1. Key country dynamic
- 8.3.4.2. Regulatory framework
- 8.3.4.3. Competitive insights
- 8.3.4.4. Mexico practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4. Europe
- 8.4.1. Europe practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Germany
- 8.4.2.1. Key country dynamic
- 8.4.2.2. Regulatory framework
- 8.4.2.3. Competitive insights
- 8.4.2.4. Germany practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.3. UK
- 8.4.3.1. Key country dynamic
- 8.4.3.2. Regulatory framework
- 8.4.3.3. Competitive insights
- 8.4.3.4. UK practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.4. France
- 8.4.4.1. Key country dynamic
- 8.4.4.2. Regulatory framework
- 8.4.4.3. Competitive insights
- 8.4.4.4. France practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Italy
- 8.4.5.1. Key country dynamic
- 8.4.5.2. Regulatory framework
- 8.4.5.3. Competitive insights
- 8.4.5.4. Italy practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.6. Spain
- 8.4.6.1. Key country dynamic
- 8.4.6.2. Regulatory framework
- 8.4.6.3. Competitive insights
- 8.4.6.4. Spain practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.7. Denmark
- 8.4.7.1. Key country dynamic
- 8.4.7.2. Regulatory framework
- 8.4.7.3. Competitive insights
- 8.4.7.4. Denmark practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.8. Sweden
- 8.4.8.1. Key country dynamic
- 8.4.8.2. Regulatory framework
- 8.4.8.3. Competitive insights
- 8.4.8.4. Sweden practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.9. Norway
- 8.4.9.1. Key country dynamic
- 8.4.9.2. Regulatory framework
- 8.4.9.3. Competitive insights
- 8.4.9.4. Norway practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5. Asia Pacific
- 8.5.1. Asia Pacific practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Japan
- 8.5.2.1. Key country dynamic
- 8.5.2.2. Regulatory framework
- 8.5.2.3. Competitive insights
- 8.5.2.4. Japan practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.3. China
- 8.5.3.1. Key country dynamic
- 8.5.3.2. Regulatory framework
- 8.5.3.3. Competitive insights
- 8.5.3.4. China practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.4. India
- 8.5.4.1. Key country dynamic
- 8.5.4.2. Regulatory framework
- 8.5.4.3. Competitive insights
- 8.5.4.4. India practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.5. South Korea
- 8.5.5.1. Key country dynamic
- 8.5.5.2. Regulatory framework
- 8.5.5.3. Competitive insights
- 8.5.5.4. South Korea practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.6. Australia
- 8.5.6.1. Key country dynamic
- 8.5.6.2. Regulatory framework
- 8.5.6.3. Competitive insights
- 8.5.6.4. Australia practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.7. Thailand
- 8.5.7.1. Key country dynamic
- 8.5.7.2. Regulatory framework
- 8.5.7.3. Competitive insights
- 8.5.7.4. Thailand practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6. Latin America
- 8.6.1. Latin America Practice Management System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Brazil
- 8.6.2.1. Key country dynamic
- 8.6.2.2. Regulatory framework
- 8.6.2.3. Competitive insights
- 8.6.2.4. Brazil practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Argentina
- 8.6.3.1. Key country dynamic
- 8.6.3.2. Regulatory framework
- 8.6.3.3. Competitive insights
- 8.6.3.4. Argentina practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7. MEA
- 8.7.1. MEA practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7.2. South Africa
- 8.7.2.1. Key country dynamic
- 8.7.2.2. Regulatory framework
- 8.7.2.3. Competitive insights
- 8.7.2.4. South Africa practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7.3. Saudi Arabia
- 8.7.3.1. Key country dynamic
- 8.7.3.2. Regulatory framework
- 8.7.3.3. Competitive insights
- 8.7.3.4. Saudi Arabia practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7.4. UAE
- 8.7.4.1. Key country dynamic
- 8.7.4.2. Regulatory framework
- 8.7.4.3. Competitive insights
- 8.7.4.4. UAE practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7.5. Kuwait
- 8.7.5.1. Key country dynamic
- 8.7.5.2. Regulatory framework
- 8.7.5.3. Competitive insights
- 8.7.5.4. Kuwait practice management system market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Participant Overview
- 9.2. Company Market Position Analysis
- 9.3. Company Categorization
- 9.4. Strategy Mapping
- 9.5. Company Profiles/Listing
- 9.5.1. Allscripts Healthcare, LLC (Veradigm LLC)
- 9.5.1.1. Overview
- 9.5.1.2. Financial performance
- 9.5.1.3. Product benchmarking
- 9.5.1.4. Strategic initiatives
- 9.5.2. OmniMD
- 9.5.2.1. Overview
- 9.5.2.2. Financial performance
- 9.5.2.3. Product benchmarking
- 9.5.2.4. Strategic initiatives
- 9.5.3. Henry Schein, Inc.
- 9.5.3.1. Overview
- 9.5.3.2. Financial performance
- 9.5.3.3. Product benchmarking
- 9.5.3.4. Strategic initiatives
- 9.5.4. AdvantEdge Healthcare Solutions
- 9.5.4.1. Overview
- 9.5.4.2. Financial performance
- 9.5.4.3. Product benchmarking
- 9.5.4.4. Strategic initiatives
- 9.5.5. Athenahealth
- 9.5.5.1. Overview
- 9.5.5.2. Financial performance
- 9.5.5.3. Product benchmarking
- 9.5.5.4. Strategic initiatives
- 9.5.6. Cerner Corporation (Oracle)
- 9.5.6.1. Overview
- 9.5.6.2. Financial performance
- 9.5.6.3. Product benchmarking
- 9.5.6.4. Strategic initiatives
- 9.5.7. Epic Systems Corporation
- 9.5.7.1. Overview
- 9.5.7.2. Financial performance
- 9.5.7.3. Product benchmarking
- 9.5.7.4. Strategic initiatives
- 9.5.8. GE Healthcare
- 9.5.8.1. Overview
- 9.5.8.2. Financial performance
- 9.5.8.3. Product benchmarking
- 9.5.8.4. Strategic initiatives
- 9.5.9. McKesson Corporation
- 9.5.9.1. Overview
- 9.5.9.2. Financial performance
- 9.5.9.3. Product benchmarking
- 9.5.9.4. Strategic initiatives
- 9.5.10. Accumedic Computer Systems, Inc.
- 9.5.10.1. Overview
- 9.5.10.2. Financial performance
- 9.5.10.3. Product benchmarking
- 9.5.10.4. Strategic initiatives
- 9.5.11. NXGN Management, LLC
- 9.5.11.1. Overview
- 9.5.11.2. Financial performance
- 9.5.11.3. Product benchmarking
- 9.5.12. eClinicalWorks
- 9.5.12.1. Overview
- 9.5.12.2. Financial performance
- 9.5.12.3. Product benchmarking
- 9.5.13. CoreCloud
- 9.5.13.1. Overview
- 9.5.13.2. Financial performance
- 9.5.13.3. Product benchmarking
- 9.5.14. Kareo, Inc.
- 9.5.14.1. Overview
- 9.5.14.2. Financial performance
- 9.5.14.3. Product benchmarking
- 9.5.15. Practice Fusion, Inc.
- 9.5.15.1. Overview
- 9.5.15.2. Financial performance
- 9.5.15.3. Product benchmarking
- 9.5.15.4. Strategic initiatives
- 9.5.16. AdvancedMD, Inc.
- 9.5.16.1. Overview
- 9.5.16.2. Financial performance
- 9.5.16.3. Product benchmarking
- 9.5.16.4. Strategic initiatives
- 9.5.17. DrChrono, Inc.
- 9.5.17.1. Overview
- 9.5.17.2. Financial performance
- 9.5.17.3. Product benchmarking
- 9.5.17.4. Strategic initiatives
- 9.5.18. CollaborateMD Inc
- 9.5.18.1. Overview
- 9.5.18.2. Financial performance
- 9.5.18.3. Product benchmarking
- 9.5.18.4. Strategic initiatives
- 9.5.19. Greenway Health, LLC
- 9.5.19.1. Overview
- 9.5.19.2. Financial performance
- 9.5.19.3. Product benchmarking
- 9.5.19.4. Strategic initiatives
- 9.5.20. OfficeAlly Inc.
- 9.5.20.1. Overview
- 9.5.20.2. Financial performance
- 9.5.20.3. Product benchmarking
- 9.5.20.4. Strategic initiatives
- 9.5.21. PracticeSuite Inc.
- 9.5.21.1. Overview
- 9.5.21.2. Financial performance
- 9.5.21.3. Product benchmarking
- 9.5.21.4. Strategic initiatives
- 9.5.22. Medical Information Technology, Inc.
- 9.5.22.1. Overview
- 9.5.22.2. Financial performance
- 9.5.22.3. Product benchmarking
- 9.5.22.4. Strategic initiatives
- 9.5.23. CompuGroup Medical US
- 9.5.23.1. Overview
- 9.5.23.2. Financial performance
- 9.5.23.3. Product benchmarking
- 9.5.23.4. Strategic initiatives
- 9.5.24. CERTIFY Health
- 9.5.24.1. Overview
- 9.5.24.2. Financial performance
- 9.5.24.3. Product benchmarking
- 9.5.24.4. Strategic initiatives
- 9.5.25. SimplePractice, LLC
- 9.5.25.1. Overview
- 9.5.25.2. Financial performance
- 9.5.25.3. Product benchmarking
- 9.5.25.4. Strategic initiatives