Reports
Sale
Global Medical Document Management Systems Market Report: By Delivery Mode: On-Premise Systems, Cloud-Based Systems; By Product Type: Document Scanning Software, Document Management Software, Document Imaging Software, Others; By Application; By Component; By End User; Regional Analysis; Supplier Landscape; 2024-2032
Global Medical Document Management Systems Market Outlook
The global medical document management systems market size was valued at USD 0.8 billion in 2023, driven by the increasing adoption of health information management systems across the globe. The market is expected to grow at a CAGR of 11.36% during the forecast period of 2024-2032, with the values likely to rise from USD 0.9 billion in 2024 to USD 2.1 billion by 2032.
Global Medical Document Management Systems Market Overview
The rising healthcare expenditure has enabled technological advancements in the sector including digitization of the healthcare industry to foster accuracy and efficiency of data management. The market is witnessing steady adoption rates of various health information management systems in healthcare settings, such as electronic medical records (EMR), radiology information systems (RIS), and health information management (HIM). These changing healthcare practices to handle large volumes of complex data are driving the medical document management systems market growth.
The market is supported by fundings from various sectors which is accelerating its expansion. In November 2023 , Harmony Healthcare IT, a United States data management company, received a major investment from a private equity firm, Novacap. The financial proceedings were aimed at utilizing and developing novel methodologies to handle data. It was also aimed at providing health data management solutions to its large customer base. Such investment initiatives are expected to fuel the medical document management systems market value in the forecast period.
The market is also driven by the need to effectively manage huge amounts of medical data and reduce operational costs and storage problems. Moreover, the rise in the strategic partnerships among the key market players is also expected to accelerate the market growth in coming years.
Global Medical Document Management Systems Market Trends
| Key Trends | Description |
| Integration with Electronic Health Records (EHR) | Medical document management systems are increasingly being integrated with EHR systems to provide better access to patient records and improve the efficiency of healthcare operations. |
| Cloud-based Solutions | Cloud-based medical document management systems facilitate remote access to documents, enhance collaboration among healthcare professionals, and reduce the need for extensive on-premises infrastructure. |
| Enhanced Security Measures | With the growing concerns over data privacy and security, medical document management systems are incorporating advanced security measures such as encryption, multi-factor authentication, and secure access controls. |
| AI and Machine Learning Integration | Artificial intelligence (AI) and machine learning algorithms are being integrated into medical document management systems to automate document classification, data extraction, and analysis. This trend is improving the accuracy and efficiency of data management. |
Global Medical Document Management Systems Market Segmentation
Market Breakup by Delivery Mode
- On-Premise Systems
- Cloud-Based Systems
The market segmentation, based on delivery mode includes on-premises systems and cloud-based systems. On-premises systems are installed locally on healthcare facilities' servers, while cloud-based systems are hosted remotely, offering enhanced accessibility to the users.
Market Breakup by Product Type
- Document Scanning Software
- Document Management Software
- Document Imaging Software
- Others
By product type, the market is divided into document scanning software, document management software, document imaging software, and others. These products facilitate efficient handling, storage, and retrieval of medical documents.
Market Breakup by Application
- Patient Medical Records Management
- Admission and Registration Documents Management
- Billing and Invoice Documents Management
- Imaging and Scanning Management
- Others
Applications of the market include patient medical records management, admission and registration documents management, billing and invoice documents management, along with imaging and scanning management, among others. Since these applications cater to various aspects of healthcare document handling, the medical document management systems market demand is expected to rise in coming years.
Market Breakup by Component
- Software
- Services
The market breakup by component includes software and services. The software comprises the core document management software solutions. Services include implementation, training, maintenance, and support services, among others offered to healthcare organizations.
Market Breakup by End User
- Hospitals and Clinics
- Diagnostic Centers
- Ambulatory Surgical Centers
- Other Healthcare Facilities
End users of the medical document management systems market include hospitals and clinics, diagnostic centers, ambulatory surgical centers, and other healthcare facilities. These end users represent various healthcare settings where they are utilized.
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The market is segmented by region into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is the leading regional market due to the presence of advanced healthcare infrastructure and high adoption rates of medical document management systems in healthcare settings.
Global Medical Document Management Systems Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Cerner Corporation
- McKesson Corporation
- Siemens Healthineers AG
- Allscripts Healthcare Solutions, Inc.
- Epic Systems Corporation
- Athenahealth, Inc.
- eClinicalWorks LLC
- NextGen Healthcare, Inc.
- GE Healthcare
- IBM Corporation
- Kofax Ltd. (a Lexmark Company)
- 3M Health Information Systems
- Nuance Communications, Inc.
- Hyland Software, Inc.
- Doxim Inc.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Delivery Mode |
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Breakup by Component |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
Key Queries Solved in the Global Medical Document Management Systems Market Report
- What is the outlook for the market in terms of growth, emerging trends, and market landscape?
- What will be the effect of each driver, challenge, and opportunity on the market?
- Which regional market is poised to lead the market share in the forecast period?
- Which regional market is expected to experience expedited growth during the forecast period?
- What type of delivery mode is expected to dominate the respective market segment?
- Which application areas are expected to impact the growth of the market significantly?
- What types of products are contributing to the medical document management systems market share significantly?
- Which component in the market is expected to experience high demand in the coming years?
- What are the key research initiatives expected to boost the market value during the forecast period?
- Which segment has the highest impact on the market size?
- Which technological advancements are expected to impact the market value during the forecast period?
- What are the factors driving regional disparities in the market?
- What are the current unmet needs and challenges in the market?
- How are partnerships, collaborations, and mergers and acquisitions shaping the market dynamics?
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Medical Document Management Systems Market Overview
3.1 Global Medical Document Management Systems Market Historical Value (2017-2023)
3.2 Global Medical Document Management Systems Market Forecast Value (2024-2032)
4 Global Medical Document Management Systems Market Landscape*
4.1 Global Medical Document Management Systems: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Medical Document Management Systems: Product Landscape
4.2.1 Analysis by Delivery Mode
4.2.2 Analysis by Product Type
5 Global Medical Document Management Systems Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.2.1 Strengths
5.2.2 Weaknesses
5.2.3 Opportunities
5.2.4 Threats
5.3 Porter’s Five Forces Model
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of New Entrants
5.3.4 Threat of Substitutes
5.3.5 Degree of Rivalry
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Medical Document Management Systems Market Segmentation (2017-2032)
6.1 Global Medical Document Management Systems Market (2017-2032) by Delivery Mode
6.1.1 Market Overview
6.1.2 On-Premise Systems
6.1.3 Cloud-Based Systems
6.2 Global Medical Document Management Systems Market (2017-2032) by Product Type
6.2.1 Market Overview
6.2.2 Document Scanning Software
6.2.3 Document Management Software
6.2.4 Document Imaging Software
6.2.5 Others
6.3 Global Medical Document Management Systems Market (2017-2032) by Application
6.3.1 Market Overview
6.3.2 Patient Medical Records Management
6.3.3 Admission and Registration Documents Management
6.3.4 Billing and Invoice Documents Management
6.3.5 Imaging and Scanning Management
6.3.6 Others
6.4 Global Medical Document Management Systems Market (2017-2032) by Component
6.4.1 Market Overview
6.4.2 Software
6.4.3 Services
6.5 Global Medical Document Management Systems Market (2017-2032) by End User
6.5.1 Market Overview
6.5.2 Hospitals and Clinics
6.5.3 Diagnostic Centers
6.5.4 Ambulatory Surgical Centers
6.5.5 Other Healthcare Facilities
6.6 Global Medical Document Management Systems Market (2017-2032) by Region
6.6.1 Market Overview
6.6.2 North America
6.6.3 Europe
6.6.4 Asia Pacific
6.6.5 Latin America
6.6.6 Middle East and Africa
7 North America Medical Document Management Systems Market (2017-2032)
7.1 North America Medical Document Management Systems Market (2017-2032) by Delivery Mode
7.1.1 Market Overview
7.1.2 On-Premise Systems
7.1.3 Cloud-Based Systems
7.2 North America Medical Document Management Systems Market (2017-2032) by Product Type
7.2.1 Market Overview
7.2.2 Document Scanning Software
7.2.3 Document Management Software
7.2.4 Document Imaging Software
7.2.5 Others
7.3 North America Medical Document Management Systems Market (2017-2032) by Country
7.3.1 United States of America
7.3.2 Canada
8 Europe Medical Document Management Systems Market (2017-2032)
8.1 Europe Medical Document Management Systems Market (2017-2032) by Delivery Mode
8.1.1 Market Overview
8.1.2 On-Premise Systems
8.1.3 Cloud-Based Systems
8.2 Europe Medical Document Management Systems Market (2017-2032) by Product Type
8.2.1 Market Overview
8.2.2 Document Scanning Software
8.2.3 Document Management Software
8.2.4 Document Imaging Software
8.2.5 Others
8.3 Europe Medical Document Management Systems Market (2017-2032) by Country
8.3.1 United Kingdom
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Others
9 Asia Pacific Medical Document Management Systems Market (2017-2032)
9.1 Asia Pacific Medical Document Management Systems Market (2017-2032) by Delivery Mode
9.1.1 Market Overview
9.1.2 On-Premise Systems
9.1.3 Cloud-Based Systems
9.2 Asia Pacific Medical Document Management Systems Market (2017-2032) by Product Type
9.2.1 Market Overview
9.2.2 Document Scanning Software
9.2.3 Document Management Software
9.2.4 Document Imaging Software
9.2.5 Others
9.3 Asia Pacific Medical Document Management Systems Market (2017-2032) by Country
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 ASEAN
9.3.5 Australia
9.3.6 Others
10 Latin America Medical Document Management Systems Market (2017-2032)
10.1 Latin America Medical Document Management Systems Market (2017-2032) by Delivery Mode
10.1.1 Market Overview
10.1.2 On-Premise Systems
10.1.3 Cloud-Based Systems
10.2 Latin America Medical Document Management Systems Market (2017-2032) by Product Type
10.2.1 Market Overview
10.2.2 Document Scanning Software
10.2.3 Document Management Software
10.2.4 Document Imaging Software
10.2.5 Others
10.3 Latin America Medical Document Management Systems Market (2017-2032) by Country
10.3.1 Brazil
10.3.2 Argentina
10.3.3 Mexico
10.3.4 Others
11 Middle East and Africa Medical Document Management Systems Market (2017-2032)
11.1 Middle East and Africa Medical Document Management Systems Market (2017-2032) by Delivery Mode
11.1.1 Market Overview
11.1.2 On-Premise Systems
11.1.3 Cloud-Based Systems
11.2 Middle East and Africa Medical Document Management Systems Market (2017-2032) by Product Type
11.2.1 Market Overview
11.2.2 Document Scanning Software
11.2.3 Document Management Software
11.2.4 Document Imaging Software
11.2.5 Others
11.3 Middle East and Africa Medical Document Management Systems Market (2017-2032) by Country
11.3.1 Saudi Arabia
11.3.2 United Arab Emirates
11.3.3 Nigeria
11.3.4 South Africa
11.3.5 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication Year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by Year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by Departments
14.7 Analysis by Recipient Organization
15 Funding and Investment Analysis
15.1 Analysis by Funding Instances
15.2 Analysis by Type of Funding
15.3 Analysis by Funding Amount
15.4 Analysis by Leading Players
15.5 Analysis by Leading Investors
15.6 Analysis by Geography
16 Partnership and Collaborations Analysis
16.1 Analysis by Partnership Instances
16.2 Analysis by Type of Partnership
16.3 Analysis by Leading Players
16.4 Analysis by Geography
17 Supplier Landscape
17.1 Cerner Corporation
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 McKesson Corporation
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Siemens Healthineers AG
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Allscripts Healthcare Solutions, Inc.
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Epic Systems Corporation
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Athenahealth, Inc.
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 eClinicalWorks LLC
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 NextGen Healthcare, Inc.
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 GE Healthcare
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 IBM Corporation
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Kofax Ltd. (a Lexmark Company)
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 3M Health Information Systems
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
17.13 Nuance Communications, Inc.
17.13.1 Financial Analysis
17.13.2 Product Portfolio
17.13.3 Demographic Reach and Achievements
17.13.4 Mergers and Acquisitions
17.13.5 Certifications
17.14 Hyland Software, Inc.
17.14.1 Financial Analysis
17.14.2 Product Portfolio
17.14.3 Demographic Reach and Achievements
17.14.4 Mergers and Acquisitions
17.14.5 Certifications
17.15 Doxim Inc.
17.15.1 Financial Analysis
17.15.2 Product Portfolio
17.15.3 Demographic Reach and Achievements
17.15.4 Mergers and Acquisitions
17.15.5 Certifications
List not exhaustive
18 Global Medical Document Management Systems Market – Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
* The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
Key Questions Answered in the Report
The market attained a value of about USD 0.8 billion in 2023 driven by the increasing adoption of health data management systems across the globe.
The market is anticipated to grow at a CAGR of 11.36% during the forecast period of 2024-2032, likely to reach a market value of USD 2.1 billion by 2032.
Technological advancements in data management systems and increased healthcare expenditure are fuelling the market demand.
One of the significant trends in the market is the increased investments from various sectors. In November 2023, Harmony Healthcare IT, a United States data management company, received a major investment from a private equity firm, Novacap. The financial proceedings are estimated to be utilized in developing novel data handling innovations, aimed at providing health data management solutions to its large customer base.
Based on the product type, the market is segmented into document scanning software, document management software, document imaging software, and others.
Components in the market include software and services.
The market is segmented by delivery mode into on-premise systems and cloud-based systems.
End users of the market include hospitals and clinics, diagnostic centers, ambulatory surgical centers, and other healthcare facilities.
Common application areas include patient medical records management, admission and registration documents management, billing and invoice documents management, imaging and scanning management, and others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Key players involved in the market are Cerner Corporation, McKesson Corporation, Siemens Healthineers AG, Allscripts Healthcare Solutions, Inc., Epic Systems Corporation, Athenahealth, Inc., eClinicalWorks LLC, NextGen Healthcare, Inc., GE Healthcare, IBM Corporation, Kofax Ltd. (a Lexmark Company), Nuance Communications, Inc., Hyland Software, Inc., Doxim Inc. and 3M Health Information Systems.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2969
$2699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 5499
$4999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 6599
$5999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 7699
$6999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER