This industry research report presents the market forecast of the medical documentation management systems (DMS) until 2019. The research report outlines the market size and segmentation based on application, technology, deployment model, and end-users. The report details the market shares for the leading regions, including APAC, Americas, and EMEA is also provided in this report. The leading market vendors analyzed by this report include Cerner, GE, McKesson, and Siemens.
Technavio’s market research analysts estimate the global medical DMS market to grow at a CAGR of 15% between 2015 and 2019. The increase in the use of healthcare technologies such as cloud, analytics electronic medical records (EMR), and HIM systems is a primary driver of this market’s growth. Currently, the US represents the largest market for healthcare, worldwide. Its growth is augmented by the growing demand for in-vitro diagnostics and research activities in advanced areas of biotechnology such as proteomics and glycomics. The new market research report from Technavio provides a breakdown and analysis of the medical DMS segments by technology.
“Medical DMS provides information about patients and helps maintain the record of their medical history. With the help of this system, physicians and medical staff can increasingly focus on patients’ health eliminating the process of manual preparation of medical records. During the forecast period, the market is predicted to witness an increase in spending on healthcare BI and analytics solutions,” says Navin Rajendra, Lead Analyst, ICT, Technavio Research.
Healthcare insurance providers are key end-user of DMS. Insurance providers use DMS tools for scanning, storing, and retrieving documents. Implementation of DMS helps agencies save space, time, and money. It also helps health insurers in effectively managing content and streamlining the insurance process while meeting all compliances and security regulations. This segment accounted for a market share of nearly 13% in 2014.
The key vendors in the global medical DMS market include Cerner, GE, McKesson, and Siemens. The integration of mobile with medical DMS is expected to emerge as a key prospect for the leading market vendors over the next four years. Healthcare organizations are expected to scale up their investments on mobile DMS during the forecast period.
A more detailed analysis is available in the Technavio report, Global Medical DMS Market 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
