Europe Medical Documents Management Market is projected to reach USD 109.26 million by 2022 - Market data forecast
Europe Medical Documents Management Market size was around USD 56.5 million in 2016. It is expected to grow at a CAGR of 14.1% to reach USD 109.26 million by 2022. It captures 25% of the global market. Several medical organizations find it difficult to maintain e-medical records, since they are expensive and complex to implement. Medical records document management systems are easy to use, fast to implement, and smart processing systems which improve practice effectiveness and reduce the retention costs of medical records. These systems facilitate workflow and enhance the quality of patient care and safety. They eliminate paper-based processes in health care organizations along with managing patient information and facilitating clinicians and administrators’ decision making in treatment and hospitalization procedures.
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This market is primarily driven by improved patient care and cost containment in healthcare, the need for regulatory compliance, and accurate, secure, & fast systems to manage critical information. Furthermore, the paperless environment created by document management systems causes a streamlined workflow, thereby improving the operational efficiency of healthcare organizations.
But still, the high cost of maintenance and implementation of these systems, and the hesitation by healthcare professionals to change their traditional methods is anticipated to hamper the growth of this market to a certain extent.
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Europe Medical Documents Management Market Segmentation by product, applications, mode of delivery, and end user. By product, the market is categorized into medical document management solutions and services. The market is further divided into standalone and integrated solutions. Standalone solutions cover document-scanning software and electronic document management software. Similarly, the market is sub-segmented into document scanning and management services and product support services, like implementation and integration services, support, maintenance & optimization services, and education & training services. By application, the market is categorized into patient medical records management, admission & registration documents management, and patient billing documents management. By mode of delivery, the market is segmented into on premise model, web-based solutions, and cloud-based model. By end user, the market is segregated into hospitals & clinics, nursing homes/assisted-living facilities/long-term care centres, healthcare payers, and other health systems. In 2013, integrated medical document solutions commanded the largest share of the medical document management solutions market. It is due to the need for integration of such systems with existing EHR systems, HIM systems, PACS, and RIS systems to ease the workflow in healthcare organizations and minimize compliance risks. But still, integration with other systems is a big challenge before market players.
Europe Medical Documents Management Market geographical segmentation by UK, Spain, Germany, France, and others. It is the second largest market. The growth of this market in Europe is primarily due to the regulatory requirements regarding the health records and medical insurance.
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Some of the major Europe Medical Documents Management Market leaders are McKesson Corporation (U.S.), Toshiba Medical systems Corporation (Japan), Cerner Corporation (U.S.), Kofax Ltd. (U.S.), EPIC Systems (U.S.), 3M Company (U.S.), Siemens Medical Solutions USA, Inc. (U.S.), GE Healthcare (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), and Hyland Software (U.S.).
Market Segmentation:
• Product
• Mode Of Delivery
• Application
• End-Users
Buy now @ https://www.marketdataforecast.com/market-reports/europe-medical-documents-management-market-4524/
Scope of the report :
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of product, applications, mode of delivery, and end user along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the North America Market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
View full report @ https://www.marketdataforecast.com/market-reports/europe-medical-documents-management-market-4524/
This market is primarily driven by improved patient care and cost containment in healthcare, the need for regulatory compliance, and accurate, secure, & fast systems to manage critical information. Furthermore, the paperless environment created by document management systems causes a streamlined workflow, thereby improving the operational efficiency of healthcare organizations.
But still, the high cost of maintenance and implementation of these systems, and the hesitation by healthcare professionals to change their traditional methods is anticipated to hamper the growth of this market to a certain extent.
Get free sample report @ https://www.marketdataforecast.com/market-reports/europe-medical-documents-management-market-4524/request-sample
Europe Medical Documents Management Market Segmentation by product, applications, mode of delivery, and end user. By product, the market is categorized into medical document management solutions and services. The market is further divided into standalone and integrated solutions. Standalone solutions cover document-scanning software and electronic document management software. Similarly, the market is sub-segmented into document scanning and management services and product support services, like implementation and integration services, support, maintenance & optimization services, and education & training services. By application, the market is categorized into patient medical records management, admission & registration documents management, and patient billing documents management. By mode of delivery, the market is segmented into on premise model, web-based solutions, and cloud-based model. By end user, the market is segregated into hospitals & clinics, nursing homes/assisted-living facilities/long-term care centres, healthcare payers, and other health systems. In 2013, integrated medical document solutions commanded the largest share of the medical document management solutions market. It is due to the need for integration of such systems with existing EHR systems, HIM systems, PACS, and RIS systems to ease the workflow in healthcare organizations and minimize compliance risks. But still, integration with other systems is a big challenge before market players.
Europe Medical Documents Management Market geographical segmentation by UK, Spain, Germany, France, and others. It is the second largest market. The growth of this market in Europe is primarily due to the regulatory requirements regarding the health records and medical insurance.
Inquire before buying @ https://www.marketdataforecast.com/market-reports/europe-medical-documents-management-market-4524/inquire
Some of the major Europe Medical Documents Management Market leaders are McKesson Corporation (U.S.), Toshiba Medical systems Corporation (Japan), Cerner Corporation (U.S.), Kofax Ltd. (U.S.), EPIC Systems (U.S.), 3M Company (U.S.), Siemens Medical Solutions USA, Inc. (U.S.), GE Healthcare (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), and Hyland Software (U.S.).
Market Segmentation:
• Product
• Mode Of Delivery
• Application
• End-Users
Buy now @ https://www.marketdataforecast.com/market-reports/europe-medical-documents-management-market-4524/
Scope of the report :
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of product, applications, mode of delivery, and end user along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the North America Market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases