Product Code: GVR-2-68038-388-1
Medical Document Management Systems Market Growth & Trends:
The global medical document management systems market size is expected to reach USD 1.33 billion by 2030, according to a new report by Grand View Research, Inc. The global market is estimated to register a CAGR of 11.9% from 2024 to 2030. The sector has experienced noticeable growth in the past few years owing to rising burden of paper management and storage.
Medical document management solutions such as hospital information systems, patient monitoring system, Electronic Medical Record (EMR), and e-prescribing methods facilitate managing medical records like insurance cards/claims, admission forms, invoices, and records of laboratory results. Rising need for ease of managing large amounts of healthcare data along with increasing demand for Electronic Health Record (EHR) and Clinical Trial Management System (CTMS) is expected to propel market demand.
Various government initiatives to develop healthcare IT and clinical document managing software sector globally are the key drivers of the market. For instance, the 58th World Health Assembly; where the WHO urged member states to promote EHR and health documentation and create awareness regarding the same. Apart from this, there are many region-specific initiatives that are promoting the adoption of these services. For instance, the Health Department Republic of South Africa set guidelines for healthcare IT strategy in the region.
Medical Document Management Systems Market Report Highlights:
- Need for creating paperless environment while reducing manual errors is expected to drive market growth
- Cloud-based system is anticipated to be the fastest-growing segment over the forecast period owing to low cost of installation, implementation, and set up of these systems
- Hospitals and clinics led the end-user segment with the highest revenue share. Increasing number of hospital admissions is driving the demand for medical document management systems
- North America is the largest revenue-generating geography followed by Europe. This growth is attributed to the presence of highly-developed healthcare infrastructure and well-defined regulatory frameworks
- Asia Pacific is expected to be the fastest-growing regional market over the forecast period. Increasing government initiatives such as implementation of e-Health, huge funding for the development of infrastructure and healthcare IT would fuel the market growth in the near future
- Several other private companies in the market are EPIC Systems Corporation; NextGen Healthcare Information Systems; and Kofax Ltd.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Medical Document Management Systems Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Medical Document Management Systems Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Medical Document Management Systems Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Medical Document Management Systems Market: Product Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Solution
- 4.3.1. Solution Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Service
- 4.4.1. Service Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Medical Document Management Systems Market: Delivery Mode Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Medical Document Management Systems Market: Delivery Mode Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. On-Premise
- 5.3.1. On-Premise Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Cloud Based
- 5.4.1. Cloud Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Web Based
- 5.5.1. Web Based Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Medical Document Management Systems Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Medical Document Management Systems Market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Patient Medical Record Management
- 6.3.1. Patient Medical Record Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Admission & Registration Document Management
- 6.4.1. Admission & Registration Document Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Patient Billing Document Management
- 6.5.1. Patient Billing Document Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Medical Document Management Systems Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Medical Document Management Systems Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Hospitals & Clinics
- 7.3.1. Hospitals & Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Nursing Homes
- 7.4.1. Nursing Homes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Healthcare Payers
- 7.5.1. Healthcare Payers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Others
- 7.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Medical Document Management Systems Market: Regional Estimates & Trend Analysis
- 8.1. Medical Document Management Systems Market Share, By Region, 2024 & 2030, USD Million
- 8.2. North America
- 8.2.1. North America Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5. Spain
- 8.3.5.1. Spain Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.6. Italy
- 8.3.6.1. Italy Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.7. Sweden
- 8.3.7.1. Sweden Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.8. Norway
- 8.3.8.1. Norway Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Australia Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.7. Thailand
- 8.4.7.1. Thailand Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.3. Argentina
- 8.5.3.1. Argentina Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Saudi Arabia
- 8.6.2.1. Saudi Arabia Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. UAE
- 8.6.3.1. UAE Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.4. Kuwait
- 8.6.4.1. Kuwait Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.5. South Africa
- 8.6.5.1. South Africa Medical Document Management Systems Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles
- 9.4.1. 3M
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Recent Developments/ Strategic Initiatives
- 9.4.2. Veradigm LLC
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Recent Developments/ Strategic Initiatives
- 9.4.3. Athenahealth, Inc
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Recent Developments/ Strategic Initiatives
- 9.4.4. Oracle
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Recent Developments/ Strategic Initiatives
- 9.4.5. Siemens
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Recent Developments/ Strategic Initiatives
- 9.4.6. GE Healthcare
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Recent Developments/ Strategic Initiatives
- 9.4.7. Kofax Ltd
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Recent Developments/ Strategic Initiatives
- 9.4.8. Epic Systemss Corporation
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Recent Developments/ Strategic Initiatives