Global practice management systems market to hit $17.6B by 2024 — 5 insights

The global practice management systems market is anticipated to hit $17.6 billion by 2024, according to a Grand View Research report.

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Here are five insights:

 

1. The development of value-added service and the integration of practice management systems will drive market growth.

 

2. Hospitals are also centralizing and digitizing their back-end processes, which will spur growth in the space.

 

3. A growing aging population and improving healthcare facility infrastructure will also prove favorable to the market.

 

4. In 2015, software dominated the market; however, the services segment will see significant growth through 2024.

 

5. Key market players include:

• Henry Schein MicroMD in Youngstown, Ohio
• Allscripts Healthcare Solutions in Chicago
• AdvantEgde Healthcare Solutions in Lombard, Ill.
• athenahealth in Watertown, Mass.
• MediTouch in San Diego
• GE Healthcare in Little Chalfont, United Kingdom
• Practice Fusion in San Francisco
• Greenway Medical in Carrollton, Ga.
• McKesson Corp. in San Francisco
• Accumedic Computer Systems in Great Neck, N.Y.
• NextGen Healthcare Information System in Horsham, Pa.

 

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