Pharmaceutical Analytical Testing Outsourcing Market To Reach around $15,815 Million by 2030
Pharmaceutical Analytical Testing Outsourcing Market, 2030
The global pharmaceutical analytical testing outsourcing market size in 2021 was $7,594.3 million, and it is expected to advance at a CAGR of 8.5% during 2021–2030.
Surging Number of Hospitals Driving Practice Management Systems Market
Growth drivers such as improving healthcare infrastructure, digitalization of healthcare systems, mounting pressure to reduce he... View MoreSurging Number of Hospitals Driving Practice Management Systems Market
Growth drivers such as improving healthcare infrastructure, digitalization of healthcare systems, mounting pressure to reduce healthcare costs, and increasing sales of value-added services will fuel the practice management systems market at a CAGR of 9.7% during the forecast period (2018–2023). According to P&S Intelligence, the market generated a revenue of $9.3 billion in 2017 and it has the potential to reach $16.0 billion by 2023. Moreover, constant technological developments will also facilitate the market growth in the foreseeable future.
Report Description:https://www.psmarketresearch.com/market-analysis/practice-management-systems-market
Geographically, the Asia-Pacific (APAC) practice management systems market will display the fastest growth during the forecast period, on account of favorable government reforms and presence of organizations that offer support for the development of e-prescription platforms, patient engagement solutions, and electronic health record (EHR) or electronic medical record (EMR) systems. For instance, adoption of EHR/EMR systems has been made mandatory, under the Clinical Establishments (Registration and Regulation) Act 2010, for every patient in India. Moreover, the growing healthcare spending and rising insurance coverage will also support the growth of the regional market.
The leading players of the practice management systems market are focusing on the development of new products for EHR and revenue cycle management. For example, eClinicalWorks, in April 2018, announced that Physicians’ Clinic of Iowa (PCI) intends to shift to eClinicalWorks, a cloud-centric EHR solution, for its providers. This solution can enhance the ability of PCI to fulfill its growth plans during the provision of exceptional patient care. Other players adopting this measure include Epic Systems Corporation, McKesson Corporation, Quality Systems Inc., and Greenway Health LLC.
Practice Management Systems Market | Industry Share Report 2023
Practice management systems market generated $9.3 billion revenue in 2017 and is projected to showcase a CAGR of 9.7% during the forecast period, due to the changing dynamics in hospital/healthcare se
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