What is Ambulatory Software Market?
The global Ambulatory software market is expected to witness high demand in the forecasted period due to increasing the adoption of healthcare information and technology. The government is also taking a number of steps to maintain and enhance patient information platforms, which will help to speed up the market. Ambulance software will be in higher demand as the safe communication of medical information becomes more of a concern. Ambulance software refers to a variety of electronic technologies that are utilized in ambulatory care facilities. Most ambulance software is based on electronic health record (EHR) solutions, which are intended specifically for casualty facilities and other smaller practises such as patient management, decision support management, and so on.
Highlights from Ambulatory Software Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Cerner Corporation (United States), McKesson Corporation (United States), Allscripts Healthcare Solutions, Inc. (United States), Epic Systems Corporation (United States), Practice Fusion, Inc.(United States), eMDs, Inc. (United States), Amazing Charts, LLC (United States), GE Healthcare (United States), eClinicalWorks (United States) and athenahealth, Inc. (United States) |
CAGR | 6.7% |
Expansions, investments, new service launches, and collaborations are among the companies' favoured strategies for exploring the market. The players are expanding and acquiring businesses in new geographies around the world in order to get a competitive advantage through integrated cooperation. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Ambulatory Software market throughout the forecasted period.
Cerner Corporation (United States), McKesson Corporation (United States), Allscripts Healthcare Solutions, Inc. (United States), Epic Systems Corporation (United States), Practice Fusion, Inc.(United States), eMDs, Inc. (United States), Amazing Charts, LLC (United States), GE Healthcare (United States), eClinicalWorks (United States) and athenahealth, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Greenway Health, LLC (United States) and NextGen Healthcare Information Systems, LLC (United States). Ambulatory Software Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | Practice Management, Patient Management, e-prescribing, Referral Management, Population Health Management, Decision Support and Health Analytics |
Deployment Mode | Cloud-based Solutions,On-premise Solutions |
Practice Size | Large Practices,Small-to-medium-sized Practices,Solo Practices |
End User | Hospital Owned Ambulatory Centers,Independent Centers,Others |
On the basis of geography, the market of Ambulatory Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Need to Curtail Healthcare Costs and Ongoing Infrastructure Development across the World
Market Growth Drivers:
Interesting Demand due to Government Initiation for the Software and Growing Demand for the Cloud-based Softwares
Challenges:
The Technical Complexity Related to the Software
Restraints:
High Deployment Cost Associated with the Software
Opportunities:
The Growing Healthcare Infrastructure in Developing Countries and The Technological Advancemnets
Key Target Audience
Software Developer, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
Market Leaders & Development Strategies
On 29th 2020, The vendor said these health systems, from nine countries and many states, wanted to implement the EHR system between the first wave of the COVID-19 pandemic and the expected second wave that experts project could happen over the winter months.
On 30th January 2019 – eMDs, Inc. has announced that it has acquired Aprima Medical Software (“Aprima”), a leading provider of electronic health record (EHR) and practice management (PM) software and revenue cycle management (RCM) solutions to ambOn ulatory care organizations. The acquisition creates a world-class provider of fully integrated financial, administrative and clinical solutions that are utilized by more than 63,000 providers in over 26,000 practices and hospitals across the world.