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Medical Document Management Market 2020 – Segmented Market Growth Till 2027

ERMS is a central management and storage system for medical records that meets the legal requirements of an organization by retaining all the important records. MDM system records document and support the operational, performance, and administrative activities of hospitals.

KiranGaikwad
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Medical Document Management Market 2020 – Segmented Market Growth Till 2027

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  1. Medical Document Management Market To Reach USD 774.5 Million By 2026

  2. Market Summary: Increasing adoption of health information management systems and electronic medical records systems, Growing needs to curtail healthcare costs as well as need to minimize the use of paper, and the need to increase clinical efficiency are key factors contributing to a high CAGR of medical document management during the forecast period.Market Size – USD 334.5 Million in 2018, Market Growth - CAGR of 10.4%, Market Trends – Development of mobile platforms for medical document management. According to the current analysis of Reports and Data, the global Medical Document Management market was valued at USD 334.5 Million in 2018 and is expected to reach USD 774.5 Million by the year 2026, at a CAGR of 10.4 %. The systems eliminate paper-based processes like record management in the health care sector • Further key findings from the report suggest • The cloud-based system is expected to witness lucrative growth during the forecast period 2019-2026 with a CAGR of 10.1 % owing to the low-cost installation, implementation, and set up of these systems • Hospitals and clinics led the end-user segment with the highest revenue share. The increasing number of hospital admissions is driving the demand in the industry. • North America accounts for the largest market share of 40% in 2018 attributing to the presence of highly-developed healthcare infrastructure and well-defined regulatory frameworks www.reportsanddata.com

  3. Key participants : 3M Company, Allscripts Healthcare Solutions, McKesson, Epis corporation System, Athena Health, Cerner Corporation, Siemens, Kofax Ltd. Among others Segmentation: • Product Type (Revenue, USD Million; 2016–2026), Solution, Standalone , Integrated, Services, Medical Planning and Management , Services, Product Support Services, Implementation & Integration Services, Maintenance, Support, • Delivery Mode Type (Revenue, USD Million; 2016–2026), On-premises, Web-based, Cloud-based • Application (Revenue, USD Million; 2016–2026), Patient Medical Records Management, Patient Billing Documents Management, Admission & Registration Document , Management, Document Scanning Software, Electronic Document Management , Software • End Use (Revenue, USD Million; 2016–2026), Hospital, Insurance Providers, Nursing Homes and Long-term care, Other Healthcare Organizations www.reportsanddata.com

  4. Regional Outlook for Medical Document Management Market analyzes the following geographies • North America (United States, Canada, and Mexico) • Europe (Germany, France, UK, Russia, and Italy) • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) • South America (Brazil, Argentina, Colombia, etc.) • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa www.reportsanddata.com

  5. The report emphasizes the following key questions: • Q.1. What are the most lucrative and promising growth prospects for the market? • Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? • Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? • Q.4. Which factors are impacting the future of the market and what are the driving factors? • Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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