Infinium Global Research Medical Document Management Systems Market | Page 2

A latest report has been added to the wide database of Medical Document Management Systems Market by Infinium Global
Research. This report studies the Medical Document Management Systems Market by type (payroll), solution (talent management,
time, attendance, scheduling, optimization services), mode of delivery (web based, cloud based), end-users (nursing homes, home
health agencies, assisted living facilities) mof the study is to identify market sizes of different segments & countries in recent years
and to forecast the values for the next six years. Medical Document Management Systems Market provides opportunities in micro
markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the
major companies in the Medical Document Management Systems Market. According to report the global medical document
management systems market is projected to grow at a CAGR of 14.5% over the forecast period of 2017-2023.
The report on medical document management systems market covers detailed analysis of market size and trends of digital document
management systems (DMS). DMS are computer based systems that store patient information digitally; thereby eliminating paper
based manual processes in health care organizations. These systems provide information about patient and help to maintain the
record of their medical history. These systems assist medical staff in making effective decisions about the treatment and
hospitalization process for the patients. Furthermore, Medical DMS help healthcare organizations to automate patient’s information
such as admission card, insurance card, insurance claims, invoices, and laboratory results.
Market Insights
Need for digitization and automation in healthcare sector, rising number of medical facilities and increasing number of patient being
treated due to which lots of data is being generated are considered to be the prime factors driving the growth of this market.
Furthermore, increasing requirement for cost effective healthcare systems and implementation of regulatory compliances such as
HIPPA in healthcare systems are further supporting the growth of medical DMS market. One of the key restraints of medical document
management systems market is high implementation cost of these systems and reluctance of healthcare staff to adopt new methods
of document management system. Furthermore, Technological advancement coupled with need for digitization is anticipated to bring
several opportunities to this market for major player and new entrant over the forecast period.
Segment Covered
The report on global medical document management systems market covers segments such as, product type, solution, mode of
delivery and end-users. On the basis of product type the global medical document management systems market is categorized into