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Medical Scheduling Software Market to hit $ 789.56 Mn, Globally, by 2028 at 13.0% CAGR: The Insight Partners

The Medical Scheduling Software in healthcare market was valued at US$ 267.83 million in 2018 and it is projected to reach US$ 789.56 million by 2027; it is expected to grow at a CAGR of 13.0% from 2018 to 2027.

According to The Insight Partners market research study titled ‘Medical Scheduling Software Market to 2027 – Global Analysis and Forecasts by Software and End User’. The report highlights the trends prevalent in the global medical scheduling software market and the factors driving the market along with those that act as deterrents to its growth.

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Medical scheduling software allows patients to schedule their appointments through online when they are away from the hospitals or clinics. The practice employs the comprehensive system with an integrated patient portal and scheduling software. The growth of the Medical Scheduling Software in healthcare market is attributed to the rising adoption of patient-centric approach by healthcare providers, and shortage of nursing staff and doctors are expected to boost are the key driving factors for the growth of the market in the forecast period. However, the growth of the market is restrained by factors such as shortage of skilled IT technicians and risks associated with cyber threats.

Growing Applications of Medical Scheduling Software in Healthcare to Drive Medical Scheduling Software in Healthcare Market Growth

Patient-centric care is defined as healthcare system that establishes partnership among practitioners and patients to ensure the decisions are supportive of the patient’s demands and needs. In recent years, advanced technologies are being utilized through which personalized data and interactions prompted by the patient are able to be managed by the patient as well as the provider. Smartphones are known as significantly important tools that help to change healthrelated behaviors and to manage hospital schedules by patients and medical staff. These internet-based tools also contribute to make healthcare practices more easy and manageable by, collecting health data or healthcare information and offer services to the patients in terms of providing appropriate guidance regarding the concern physicist and the related details of the time availability and appointment scheduling. Due to the easy access and vast variety of applications, large number of people utilize these tools to eliminate waiting times and get convenient appointments through an accessible way.

The Medical Scheduling Software in healthcare market is expected to witness substantial growth post-pandemic. The Medical Scheduling Software in healthcare market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement.

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In terms of software, the Medical Scheduling Software in healthcare market is segmented into installed software, and web-based software. In 2018, the web based software segment held a largest market share of 68.48% of the medical scheduling software market, by software. In terms of end user, the Medical Scheduling Software in healthcare market is segmented into hospitals, clinics and others.

Manual appointment scheduling by the staff at healthcare facilities has various limitations associated with it, which includes increasing difficulty in decision making with the rising complexity of the process and growth in size of the organization. Moreover, the decisions made are not recorded in any enterprise system, the knowledge sharing only depends on human interactions. Thus, moving away from manual scheduling and dispatching to an automated approach which offers solutions to the increasing shortage of nursing staff and physicians are likely to boost the growth of the medical scheduling software market at a significant rate during the forecast period.

Medical Scheduling Software Market: Competitive Landscape and Key Developments

MPN Software Systems, Inc., American Medical Software, TimeTrade, AdvancedMD, Inc., StormSource, LLC, ByteBloc Software, Daw Systems, Inc., WellSky, Voicent Communications Inc., and Yocale Network Corporation are among the leading companies operating in the Medical Scheduling Software market.

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876

Press Release: https://www.theinsightpartners.com/pr/medical-scheduling-software-market

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