According to a new market research study titled ‘Medical Scheduling Software market to 2027 – Global Analysis and Forecasts by Software and End User.’ The global medical scheduling software market is expected to reach US$ 789.56 Mn in 2027 from US$ 267.83 Mn in 2018. The market is estimated to grow with a CAGR of 13.0% from 2019-2027.
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. Common features of a medical scheduling software include, patient registration, appointment reminder services, customizable settings, and patient tracking. The economic and efficient handling of the software has led to increased preference of the software.
Global medical scheduling software market, based on end user was segmented as, hospitals, clinics and other end users. During 2018, the hospitals segment led the market by end user. In addition, the segment is also expected to grow at a significant rate, owing to increasing preference of patients for obtaining treatment in hospitals due to the availability of better healthcare facilities and advanced technologic developments.
The major players operating in the medical scheduling software market are, 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. Organic activities such as, expansion has been undertaken by the players in the market in order to expand their customer base as well as strengthen their position in the market. For instance, expansion by WellSky by the establishment of its headquarters in Kansas during March, 2018 has helped the company strengthen its customer base in the Kansas market.