Report : North America Medical Scheduling Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Software (Installed Software and Web-Based Software) and End User (Hospitals, Clinics, and Other End Users)
At 13.6% CAGR, the North America Medical Scheduling Software Market is speculated to be worth US$ 396.18 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the North America medical scheduling software market was valued at US$ 184.55 million in 2022 and is expected to reach US$ 396.18 million by 2028, registering a CAGR of 13.6% from 2022 to 2028. Rising adoption of patient-centric approach by healthcare providers and surge in use of smart devices for monitoring health are the critical factors attributed to the North America medical scheduling software market expansion.
A patient-centric approach is an idea in healthcare systems that can establish a partnership among patients & their families and healthcare practitioners to align decisions with patients’ needs, preferences, and wants. It also includes the delivery of specific education and support patients require to make certain decisions and participate in their care. Increased engagement with all stakeholders (providers, patients, and others), leading to reduced overall expenses. Improved knowledge and understanding among patients of their health, well-being, and healthcare choices leading to enhanced care and reduced levels of illness. This improved knowledge can also improve care after discharge, hospital visits, reduced readmissions, and secondary consults. By engaging and collaborating with patients in decision-making, health providers can make more suitable decisions regarding a patient’s health. Increased competitive advantage as more hospitals compete for patients based on both qualities of care and cost. Better quality of life for patients leads to an increase in the satisfaction of both doctor and patient. In recent years the patient-centric approach has been predominant in the healthcare industry. Technological innovations and software development are crucial to this healthcare industry revolution. These technological developments support medical and administrative services that dramatically enhance and ease healthcare processes, communications, and workflow. Patient-centric healthcare raises patient satisfaction levels, which creates benefits for healthcare providers and practices. Thus, the rising adoption of a patient-centric approach by healthcare providers driving the growth of the North America medical scheduling software market.
On the contrary, the shortage of nursing staff and doctors is hampering the North America medical scheduling software market growth.
Based on software, the North America medical scheduling software market is bifurcated into installed software and web-based software. The web-based software segment held 68.6% market share in 2022, amassing US$ 126.60 million. It is projected to garner US$ 274.31 million by 2028 to expand at 13.8% CAGR during 2022–2028.
Based on end user, the North America medical scheduling software market is segmented into hospitals, clinics, and others. The hospitals segment held 42.3% market share in 2022, amassing US$ 78.11 million. It is projected to garner US$ 165.86 million by 2028 to expand at 13.4% CAGR during 2022–2028.
Based on country, the North America medical scheduling software market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 66.5% market share in 2022. It was assessed at US$ 122.63 million in 2022 and is likely to hit US$ 268.41 million by 2028, exhibiting a CAGR of 13.9% during the forecast period.
Key players dominating the North America medical scheduling software market are AdvancedMD, Inc.; ByteBloc Software; Daw Systems, Inc.; Delta Health Technologies, Inc.; DHS Worldwide; TimeTrade; Voicent Communications Inc.; WellSky; Workpath; and Yocale Network Corporation among others.
- In May 2022, WellSky CareInsights has won the Healthcare Analytics Innovation Award in the sixth annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough.
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