Wilmington, Delaware, United States, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. – In 2020, the healthcare ERP market value was registered at US$ 4.8 Bn. The global market is anticipated to develop at 6.5% CAGR during the forecast period, from 2021 to 2031. By 2031, the global healthcare ERP market size is projected to touch value of US$ 9.6 Bn. Healthcare enterprise resource planning (ERP) is now an essential component in the global healthcare system as there are several benefits of healthcare ERP market. The need for these solutions to reduce operational costs and enhance patient outcomes is being driven by the rise in the use of ERP systems by healthcare professionals.
Many healthcare institutions, including emergency rooms, hospitals, and clinics, are looking at how to apply ERP to increase operational effectiveness. With regard to correct key performance indicator (KPI) data, back-end operations streamlining, and cost optimization, these developments are expected to drive expansion of the global healthcare ERP market. Players in the global healthcare business have been able to revamp their IT systems due to the incorporation of ERP with the infrastructure for healthcare IT in developing countries.
Get Exclusive PDF Sample Copy of Healthcare ERP Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=45549
Key Findings of Market Report
- The rising smart software system usage and digitalization of the healthcare industry globally are expected to propel the global market for healthcare ERP. Digital technologies and cloud-based software solutions are being accepted more widely by surgeons, physicians, and other medical professionals in Sri Lanka, Bangladesh, and India.
- Another factor influencing market development is the booming medical tourism for affordable treatments in Malaysian hospitals. Clinical trials that involve many states and more nations are more common, which is expected to offer hope for accelerating the uptake of cloud-based software.
- Healthcare institutions throughout the world are becoming more aware of value-based care and the need to improve patient experience. Healthcare ERP is crucial due to technological innovations including AI and surgical robots for treating patients' neurological problems.
Ask for References – https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=45549
Global Healthcare ERP Market: Growth Drivers
- As small and medium-sized firms increasingly use ERP systems, there is a greater desire for these systems to reduce operational costs and enhance functional outcomes. Additionally, ERP systems for accounting, inventory management, point-of-sale profiles, procurement, and also selling have begun to be adopted by laboratories and pharmacies.
- The market in North America is expected to be driven by increasing need for cutting-edge technology solutions amongst clinicians and healthcare experts to provide patients with high quality treatment. It is also expected to assist in reduced operational expenses and deletion of data silos for back-end operations. The regional market is likely to be driven by a rapidly growing and strong healthcare system and escalating demand for advanced technical solutions. This region is expected to account for a considerable healthcare ERP market share.
Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=45549
Global Healthcare ERP Market: Key Competitors
- Medical Information Technology, Inc.
- Allscripts Healthcare, LLC
- The HCI Group
- Focus Softnet Pvt. Ltd.
- Infosys Limited
- Sage Group plc
- SAP SE
Global Healthcare ERP Market: Segmentation
Offering
- Solutions
- Services
Application
- Inventory & Material Management
- Supply Chain & Logistics Management
- Patient Relationship Management
- Finance & Billing
- Others
End User
- Hospitals
- Clinics
- Long & Short Term Facilities
- Others
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:
ePharmacy Market: The global ePharmacy market is anticipated to reach more than US$ 362.8 Bn by the end of 2031 at a CAGR of 19.2% from 2022 to 2031.
Breast Tissue Markers Market: The global breast tissue markers market is anticipated to reach more than US$ 5.8 Bn by the end of 2031 at a CAGR of 8.3% from 2022 to 2031.
Dental Composites Market: The global dental composites market is expected to reach the value of US$ 59.3 Mn by the end of 2031 at a CAGR of 9.0% from 2021 to 2031.
Benign Prostatic Hyperplasia Treatment Market: The global benign prostatic hyperplasia treatment market is anticipated to reach more than US$ 11.9 Bn by the end of 2031 at a CAGR of 5.5% from 2022 to 2031.
Healthcare Biometrics for Children Market: The global healthcare biometrics for children market is anticipated to reach more than US$ 1.30 Bn by the end of 2031 at a CAGR of 22.3% from 2022 to 2031.
Epilepsy Monitoring Devices Market: The global epilepsy monitoring devices market is expected to reach more than US$ 737 Mn by the end of 2031 at a CAGR of 4.6% from 2022 to 2031.
Photodynamic Therapy Market: The global photodynamic therapy market is anticipated to reach more than US$ 15.1 Bn by the end of 2031 at a CAGR of 13.5% from 2022 to 2031.
Clinical Trials Market: The clinical trials market is predicted to advance at a modest CAGR of 5.4% during the forecast period of 2020-2030.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
