Global Healthcare Contract Management Software Market Size study, by Product & Service (Services, Software), by End User (Hospitals, Physician Clinics, Healthcare Payers, Medical Device Manufacturers and Pharma & Biotech Companies, Research Organizations) and Regional Forecasts 2019-2026
- Report Code : BIZ1731538
- Published On: May, 2020
- Category : Healthcare & Pharma
- Pages : 200
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Global Healthcare Contract Management Software Market is valued approximately USD 638.75 million in 2018 and is anticipated to grow with a healthy growth rate of more than 18.20% over the forecast period 2019-2026. Healthcare Contract Management Software is a web browser based secure software that is used to efficiently manage the contract development and handling processes in the healthcare industry. It is an electronic version of filing cabinets. It comprises of eight vital steps: contract drafting, negotiation, approval, compliance and administration, repository, compliance optimization, retrieval, and renewal, amendments and disposition. Rising need to maintain compliance with regulatory obligations, rising demand for self-service features in contract management, growing need to increase the functioning efficiency of healthcare organizations while decreasing operational costs, increasing preference for cloud-based contract management solutions, high returns on investment and need of chatbots and intelligent agents for end-to-end contract cycle management are the few factors responsible for rapid growth in the market. Moreover, declining refunds and competitive rivalry among healthcare payers are some of the major factor likely to create lucrative growth opportunity to the market in the upcoming years. However, limited IT Infrastructure in small and developing countries and lack of in house IT experts are few factor anticipated to hinder the growth of global Healthcare Contract Management Software market during the forecast period.
The regional analysis of global Healthcare Contract Management Software Software Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early technical advancements and stringent government policies and regulation pertaining to health care. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as the increasing need for high return on investment (ROI), transparency, data security and increasing demand for effective contract management software would create lucrative growth opportunities for the Healthcare Contract Management Software market across the region.
Major market player included in this report are:
Icertis Inc.
Apttus Corporation
CobbleStone Software
Concord
Contract Logix LLC.
Determine Inc.
Experian PLC.
nThrive Inc.
Optum Inc.
ScienceSoft
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product & Service:
Services
Software
By End User Industry:
Hospitals
Physician Clinics
Healthcare Payers
Medical Device Manufacturers and Pharma & Biotech Companies
Research Organizations
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Healthcare Contract Management Software Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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With tables and figures helping analyze worldwide Global Healthcare Contract Management Software market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Healthcare Contract Management Software Market, by Product & Service, 2017-2026 (USD Billion)
1.2.2. Healthcare Contract Management Software Market, by End User Industry, 2017-2026 (USD Billion)
1.2.3. Healthcare Contract Management Software Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Healthcare Contract Management Software Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Sensor Type Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Healthcare Contract Management Software Market Dynamics
3.1. Healthcare Contract Management Software Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Healthcare Contract Management Software Market Sensor Type Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Healthcare Contract Management Software Market, by Product & Service
5.1. Market Snapshot
5.2. Global Healthcare Contract Management Software Market by Product & Service, Performance - Potential Analysis
5.3. Global Healthcare Contract Management Software Market Estimates & Forecasts by Product & Service 2016-2026 (USD Billion)
5.4. Healthcare Contract Management Software Market, Sub Segment Analysis
5.4.1. Services
5.4.2. Software
Chapter 6. Global Healthcare Contract Management Software Market, by End User
6.1. Market Snapshot
6.2. Global Healthcare Contract Management Software Market by End User, Performance - Potential Analysis
6.3. Global Healthcare Contract Management Software Market Estimates & Forecasts by End User, 2016-2026 (USD Billion)
6.4. Healthcare Contract Management Software Market, Sub Segment Analysis
6.4.1. Hospitals
6.4.2. Physician Clinics
6.4.3. Healthcare Payers
6.4.4. Medical Device Manufacturers and Pharma & Biotech Companies
6.4.5. Research Organizations
Chapter 7. Global Healthcare Contract Management Software Market, Regional Analysis
7.1. Healthcare Contract Management Software Market, Regional Market Snapshot
7.2. North America Healthcare Contract Management Software Market
7.2.1. U.S. Healthcare Contract Management Software Market
7.2.1.1. Product & Service breakdown estimates & forecasts, 2016-2026
7.2.1.2. End User breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Healthcare Contract Management Software Market
7.3. Europe Healthcare Contract Management Software Market Snapshot
7.3.1. U.K. Healthcare Contract Management Software Market
7.3.2. Germany Healthcare Contract Management Software Market
7.3.3. Rest of Europe Healthcare Contract Management Software Market
7.4. Asia-Pacific Healthcare Contract Management Software Market Snapshot
7.4.1. China Healthcare Contract Management Software Market
7.4.2. India Healthcare Contract Management Software Market
7.4.3. Japan Healthcare Contract Management Software Market
7.4.4. Rest of Asia Pacific Healthcare Contract Management Software Market
7.5. Latin America Healthcare Contract Management Software Market Snapshot
7.5.1. Brazil Healthcare Contract Management Software Market
7.5.2. Mexico Healthcare Contract Management Software Market
7.6. Rest of The World Healthcare Contract Management Software Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Icertis Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject To Data Availability)
8.2.1.4. Sensor Type Summary
8.2.1.5. Recent Developments
8.2.2. Apttus Corporation
8.2.3. CobbleStone Software
8.2.4. Concord
8.2.5. Contract Logix LLC.
8.2.6. Determine Inc.
8.2.7. Experian PLC.
8.2.8. nThrive Inc.
8.2.9. Optum Inc.
8.2.10.ScienceSoft
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
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The Global Healthcare Contract Management Software Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
New players are entering the Global Healthcare Contract Management Software Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
The Global Healthcare Contract Management Software Market is expected to grow at a moderate CAGR during the forecast period of 2024 to 2029.
As the shift to value addition continues, companies in the Global Healthcare Contract Management Software Market face the dual challenge of improving interoperability to optimize performance and experience.
During the forecast years, the Global Healthcare Contract Management Software Market can thrive with a robust CAGR.
