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Report
Medical Document Management Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 143 Pages I IMARC Group
The global medical document management systems market size reached US$ 551.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,111.7 Million by 2028, exhibiting a growth rate (CAGR) of 11.9% during 2023-2028.
A medical document management system (DMS) tracks, manages, and stores documents and aids in the reduction of paper usage. It assists in streamlining the billing process and coordinating the flow of information between laboratories and other departments. It enhances productivity by providing fast access to documents and allowing quick processing with minimum errors. As a result, medical DMS finds extensive applications in hospitals, clinics, nursing homes, and insurance agencies around the world.
Medical Document Management Systems Market Trends:
There is presently a considerable rise in the number of patients visiting hospitals on account of the increasing prevalence of chronic diseases worldwide. This represents one of the key factors stimulating the growth of the market. Moreover, paper medical records can be easily misplaced or destroyed in a fire, flood, or natural disaster. Converting medical documents to a digital format helps develop a more efficient document workflow irrespective of the size of the project or the type of files being converted. Besides this, physically retrieving paper documents from archives and delivering them to different departments is time-consuming. However, using digitized medical DMS decreases retrieval time with no physical effort. This, in confluence with the rising automation and digitalization in the healthcare industry, is strengthening the growth of the market. Furthermore, there is an increase in the use of electronic health records (EHRs), which are real-time, patient-centered records that make information available instantly and securely to authorized users. These records include clinical data, such as demographics, progress notes, problems, medications, vital signs, past medical history, immunizations, laboratory data, and radiology reports. This, coupled with the rising adoption of health management information systems (HMIS), is impelling the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical document management systems market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, mode of delivery, application and end user.
Breakup by Product:
Solution
Services
Breakup by Mode of Delivery:
Web-based and Cloud-based
On-premises
Breakup by Application:
Patient Medical Records Management
Admission and Registration Documents Management
Patient Billing Documents Management
Others
Breakup by End User:
Hospitals and Clinics
Insurance Providers
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation, Epic Systems Corporation, General Electric Company, Hyland Software Inc., Kofax Inc., McKesson Corporation, Nextgen Healthcare Inc., Siemens Aktiengesellschaft and Toshiba Corporation.
Key Questions Answered in This Report
1. What was the size of the global medical document management systems market in 2022?
2. What is the expected growth rate of the global medical document management systems market during 2023-2028?
3. What has been the impact of COVID-19 on the global medical document management systems market?
4. What are the key factors driving the global medical document management systems market?
5. What is the breakup of the global medical document management systems market based on the product?
6. What is the breakup of the global medical document management systems market based on the mode of delivery?
7. What is the breakup of the global medical document management systems market based on application?
8. What is the breakup of the global medical document management systems market based on the end user?
9. What are the key regions in the global medical document management systems market?
10. Who are the key players/companies in the global medical document management systems market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medical Document Management Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Solution
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Mode of Delivery
7.1 Web-based and Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 On-premises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Patient Medical Records Management
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Admission and Registration Documents Management
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Patient Billing Documents Management
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End User
9.1 Hospitals and Clinics
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Insurance Providers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3M Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Allscripts Healthcare Solutions Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Athenahealth Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Cerner Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Epic Systems Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 SWOT Analysis
15.3.6 General Electric Company
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Hyland Software Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Kofax Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 McKesson Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Nextgen Healthcare Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Siemens Aktiengesellschaft
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Toshiba Corporation
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
Figure 1: Global: Medical Document Management Systems Market: Major Drivers and Challenges
Figure 2: Global: Medical Document Management Systems Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Medical Document Management Systems Market: Breakup by Product (in %), 2022
Figure 5: Global: Medical Document Management Systems Market: Breakup by Mode of Delivery (in %), 2022
Figure 6: Global: Medical Document Management Systems Market: Breakup by Application (in %), 2022
Figure 7: Global: Medical Document Management Systems Market: Breakup by End User (in %), 2022
Figure 8: Global: Medical Document Management Systems Market: Breakup by Region (in %), 2022
Figure 9: Global: Medical Document Management Systems (Solution) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Medical Document Management Systems (Solution) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Medical Document Management Systems (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Medical Document Management Systems (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Medical Document Management Systems (Web-based and Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Medical Document Management Systems (Web-based and Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Medical Document Management Systems (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Medical Document Management Systems (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Medical Document Management Systems (Patient Medical Records Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Medical Document Management Systems (Patient Medical Records Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Medical Document Management Systems (Admission and Registration Documents Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Medical Document Management Systems (Admission and Registration Documents Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Medical Document Management Systems (Patient Billing Documents Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Medical Document Management Systems (Patient Billing Documents Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Medical Document Management Systems (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Medical Document Management Systems (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Medical Document Management Systems (Hospitals and Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Medical Document Management Systems (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Medical Document Management Systems (Insurance Providers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Medical Document Management Systems (Insurance Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Medical Document Management Systems (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Medical Document Management Systems (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: North America: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: North America: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: United States: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: United States: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Canada: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Canada: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Asia-Pacific: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Asia-Pacific: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: China: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: China: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Japan: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Japan: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: India: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: India: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: South Korea: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: South Korea: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Australia: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Australia: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Indonesia: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Indonesia: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Others: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Others: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Europe: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Europe: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Germany: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Germany: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: France: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: France: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: United Kingdom: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: United Kingdom: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Italy: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Italy: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Spain: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Spain: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Russia: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Russia: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Latin America: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Latin America: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Brazil: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Brazil: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Mexico: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Mexico: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Middle East and Africa: Medical Document Management Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Middle East and Africa: Medical Document Management Systems Market: Breakup by Country (in %), 2022
Figure 79: Middle East and Africa: Medical Document Management Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Global: Medical Document Management Systems Industry: SWOT Analysis
Figure 81: Global: Medical Document Management Systems Industry: Value Chain Analysis
Figure 82: Global: Medical Document Management Systems Industry: Porter's Five Forces Analysis
Table 1: Global: Medical Document Management Systems Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Medical Document Management Systems Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Medical Document Management Systems Market Forecast: Breakup by Mode of Delivery (in Million US$), 2023-2028
Table 4: Global: Medical Document Management Systems Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Medical Document Management Systems Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Medical Document Management Systems Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Medical Document Management Systems Market: Competitive Structure
Table 8: Global: Medical Document Management Systems Market: Key Players
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