Medical,Document,Management,Sy technology Medical Document Management System Market Research 2015 To W

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Management of critical information necessitates the deployment of a reliable and accessible document management system. Technavios market research analysts project revenues for the global medical document management systems market to reach around USD 527 million by 2019.Rising demand for advanced health monitoring system drives the growth of this market. As a result of the growth of the global IT healthcare market, the demand for advanced monitoring systems for patients in hospitals and clinics is likely to increase. Medical DMS provides information about patients and helps maintain the record of their medical history. With the help of this system, physicians and medical staff can increasingly focus on patients' health eliminating the process of manual preparation of medical records. During the forecast period, the market is predicted to witness an increase in spending on healthcare BI and analytics solutions.DMS is a part of electronic content management (ECM) solution. Based on component types, ECM solution consists of the following segments:Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/499677Segmentation of the global medical documentation management market by applicationBilling systemsRecord managementAdmission registrationDocument imaging managementThe records management market is expected to reach close to USD 134 million by 2019. The market is evolving thanks to paper-based transactions shifting to electronic mediums. However, the lack of proper standards in developing countries can act as an impediment to the growth of this market.During the forecast period, the growing need to streamline billing systems will drive the market for billing systems. The market is witnessing a substantial increase in the number of hospitals and clinics. With this, the need to track all treatment-related expenses of patients has become a key priority for the healthcare sector. Thanks to these positive trends, the billing systems segment is expected to expand significantly over the next four years.Segmentation of the global medical documentation management market by technologyServicesProductThe DMS services segment focuses on updates, support, maintenance, and training expenses. The market revenue of this segment is slated to increase as more healthcare organizations start realizing the benefits of investing in updates rather than making new purchases. With investments in R&D, many new products are expected to be launched in this segment during the forecast period.Explore All Published Reports Related To In Vitro ICT Market @ http://www.marketresearchreports.biz/category/96Segmentation of the global medical documentation management market by deployment modelCloud-basedOn-premiseOn-premise is ideal for mid-sized enterprises that do not have the same requirements as large organizations. On-premise solutions are usually dependent on in-house IT administration and takes a longer timespan for implementation.Many vendors have started delivering medical document solutions on the cloud to cater to the growing demand from enterprises. As the software is maintained at the vendor's data center, corporate IT departments of hospitals and care centers incur lower costs on services available on a subscription basis. It eliminates all complexities involving software installation at the premises of the user. The cloud-based segment is expected to grow rapidly until 2019.Segmentation of the global medical documentation management market by end-usersHospitalsCare centers and specialty homesHealthcare insurance providersHealthcare insurance providers are key end-user of DMS. Insurance providers use DMS tools for scanning, storing, and retrieving documents. Implementation of DMS helps agencies save space, time, and money. It also helps health insurers in effectively managing content and streamlining the insurance process while meeting all compliances and security regulations. This segment accounted for a market share of nearly 13% in 2014.Geographical segmentation of the global medical documentation management marketAPACAmericasEMEAPresently, the US represents the largest market for healthcare, worldwide. Its growth is augmented by the growing demand for in-vitro diagnostics and research activities in advanced areas of biotechnology such as proteomics and glycomics. However, the Americas region is expected to witness a slow market growth rate because of the reduction in spending on the adoption of DMS during the forecast period.Leading vendor analysis in the global medical documentation management marketCernerGEMcKessonSiemensOther prominent vendors in this market include 3M, Allscripts, EPIC, Hyland Software, Kofax, Nextgen Healthcare, Toshiba, Treeno, Henry Schein Medical Systems, and docSTAR.The integration of mobile with medical DMS is expected to emerge as a key prospect for the leading market vendors over the next four years. Healthcare organizations are expected to scale up their investments on mobile DMS during the forecast period.Key questions answered in the reportWhat are the key factors driving the global medical documentation management market?What are the key market trends impacting the growth of the global medical documentation management market?What are the various opportunities and threats faced by the vendors in the global medical documentation management market?Trending factors influencing the market shares for EMEA, APAC, and Americas?Key outcome of the five forces analysis on the global medical documentation management market?Growth forecast of the global medical documentation management market until 2019?Technavio also offers customization on reports based on specific client requirement.About usMarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.To View The Top Related News: http://www.marketresearchreports.biz/articlesContact Mr. Nachiket 90 Sate Street, Suite 700 Albany, NY 12207 Tel: +1-518-621-2074Website: http://www.marketresearchreports.biz/Browse Blog At: http://medicalmarketingresearch.blogspot.in Article Tags: Medical Document Management, Document Management System, Global Medical Documentation, Medical Documentation Management, Documentation Management Market, Medical Document, Document Management, Management System, Market Research, Global Medical, Forecast Period, Medical Documentation, Documentation Management, Management Market, Billing Systems