Title: Medical Document Management Systems Market worth $424.5 Million by 2019
1MarketsandMarkets Presents
Medical Document Management Systems Market worth
424.5 Million by 2019
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2The report "Medical Document Management Systems
Market by Solution (Document Scanning Software,
Document Management Software), Application
(Medical Records Management), Mode of Delivery
(Web-Based, Cloud-Based), by End-User
(Hospitals) - Global Forecasts to 2019" The
global Medical Document Management Systems Market
is estimated to be worth around 220 Million in
2014 and 424.5 Million by 2019, at a CAGR of
13-14 during the forecast period of 2014 to
2019. Browse 187 market data tables and 39
figures spread through 200 pages and in-depth TOC
on Medical Document Management Systems Market by
Solution (Document Scanning Software, Document
Management Software), Application (Medical
Records Management), Mode of Delivery (Web-Based,
Cloud-Based), by End-User (Hospitals) - Global
Forecasts to 2019 http//www.marketsandmarkets.c
om/Market-Reports/medical-document-management-syst
ems-market-191026305.html
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3 Early buyers will receive 10 customization on
this report.
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4- The medical document management systems market
recorded a healthy growth rate during the last
few years, primarily attributed to the need for
digitization and automation in the healthcare
sector, rising need to comply with regulations
and laws to avoid penalties, and the need to
improve the quality of healthcare and increase
clinical efficiency. Government initiatives and
funding to bring e-Health to the healthcare
sector across the globe has driven the adoption
of EMR systems and other healthcare IT systems.
All these systems necessitate the deployment of
document management systems to streamline the
workflow and manage business processes.
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5-
- Moreover, factors such as the need to curtail
healthcare delivery costs and create a paperless
environment to reduce medical errors are expected
to drive this market in the coming years. Other
factors are the increasing number of
multi-specialty hospitals, modernization in
healthcare, and improved clinical studies through
computerized patient case notes. However, the
large number of players in this market and
difficulties in integration of document
management systems with other existing IT systems
are posing a big challenge to market growth.
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6-
- In this report, the market is segmented by
products, applications, modes of delivery, end
users, and region. The report also discusses the
key market drivers and restraints of, and the
opportunities and trends in, this market and its
submarkets. The market is expected to grow at a
double-digit CAGR from 2014 to 2019.
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7 - In 2013, North America was the major market for
medical document management systems, followed by
Europe, and Asia-Pacific. Highly developed
healthcare IT infrastructure, number of
healthcare reforms and advent of new
technologies, and favorable regulatory compliance
in the North American and European region has led
to the major contribution of these regions to the
global medical document management market.
However, the growth opportunities for this market
are highest in the Asia-Pacific and RoW regions.
The APAC market is expected to grow at a highest
CAGR during the forecast period.
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8 - Prominent players in the medical document
management systems market include McKesson
Corporation (U.S.), 3M Company (U.S.), Siemens
Medical Solutions USA, Inc. (U.S.), GE Healthcare
(U.S.), Allscripts Healthcare Solutions, Inc.
(U.S.), Toshiba Medical systems Corporation
(Japan), Cerner Corporation (U.S.), Kofax Ltd
(U.S.), EPIC systems (U.S.), and Hyland Software
(U.S.).
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