What is Chiropractic Software Market?
Chiropractic is an alternate solution to the musculoskeletal disorder. The software helps with medical aspects such as collecting patient’s posture and data which helps chiropractor to suggest treatment. Some of the software also include back office features. It helps to schedule an appointment and keeps track of inventory and maintains the supply chain. Due to increased adoption of mid-sized and large hospitals the market is growing significantly.
The market study is being classified by Type (Cloud based and On premise), by Application (Hospitals, Research Institutes and Others) and major geographies with country level break-up.
MacPractice (United States), Nuesoft Technologies (United States), OfficeAlly (United States), Practice Fusion (United States), Addison Health Systems (United States), Atlas Chiropractic System (Canada), CompuGroup Medical (Germany), Drchrono (United States), EZBIS (United States) and Forte Holdings (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Genesis Chiropractic Software (United States), InPhase Technologies (United States), iSALUS Healthcare (United States) and Life Systems Software (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Chiropractic Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Chiropractic Software market by Type, Application and Region.
On the basis of geography, the market of Chiropractic 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Managing of Chair Time in Chiropractic Offices Which in Turn Increases the Efficiency
- Increasing Need for Implementation of Software Due to Increased Number of Patients
Market Trend
- Development of Chiropractic Applications for Mobile
- Spreading Awareness of the Benefits of Chiropractic Software
Restraints
- High Costs Associated with the Development and Implementation of Software
Opportunities
- Increasing Adoption of Software Solutions in Hospitals
- Rising Demand in Developing Countries like India Due to Increasing Privatization
Challenges
- Rising Number of Open Source Vendors
- Risk of data breaching on cloud based software
Market Leaders and some development strategies
In 2018, South Jordan, Utah-based AdvancedMD, announced that it has acquired Marietta, Georgia-based Nuesoft Technologies (“NueMD”).
In 2018, AdvancedMD, announced the all-new AdvancedInsight, a powerful reporting suite that offers business intelligence to help practices manage their financial performance to make informed decisions.
Key Target Audience
Technology Providers, Research Organisations, Technology Investors, Venture Capitalists and Government Organisations