U.S. Healthcare ERP Market to Witness Astonishing Growth Along With Top Key Players – 2025 | Grand View Research, Inc.

August 25 04:20 2021
U.S. Healthcare ERP Market to Witness Astonishing Growth Along With Top Key Players - 2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the adoption of ERP in the U.S. healthcare sector can be attributed to various advantages such as an increase in caregiving efficiency and better utilization of resources, offered by ERP software.

The U.S. healthcare ERP market size is expected to reach USD 2.1 billion by 2025, registering a 5.6% CAGR from 2019 to 2025, according to a new report by Grand View Research, Inc. The market is expected to grow over the forecast period owing to the continued adoption of ERP software among healthcare providers based in the U.S. to deal with large volumes of data accumulated through digital resources. The rising burden of processing payment, insurance, and other administrative information of newly-enrolled patients on healthcare administrators is also expected to drive the adoption of healthcare ERP solutions in the U.S.

Cloud computing technology has triggered a paradigm shift from an on-premise deployment to a cloud-based deployment of ERP solutions in the U.S. Moreover, a hybrid deployment can support the features of both on-premise deployment and cloud-based deployment of these solutions, thereby ensuring cost-effectiveness, data security, and agility in administrative processes. A hybrid deployment also helps in overcoming the cost concerns associated with on-premise deployment and the security concerns associated with cloud-based deployment. Cloud-based deployment of ERP solutions in the U.S. is expected to grow at a rapid pace over the forecast period owing to the benefits associated with the hybrid deployment.

Vendors in the market for healthcare ERP in the U.S. are trying aggressively to increase their customer base and gain a competitive edge over their rivals. They are focusing on licensing and strategic partnerships as part of the efforts toward this end. Companies, such as SAP SE, Microsoft Corporation, and Nuvolo, among others, are also focusing on strategic technology collaborations either to develop new healthcare ERP applications for the U.S. market or to add new capabilities to their existing applications. On the other hand, healthcare providers are also focusing on replacing obsolete technologies with the latest technologies to adapt to the changing requirements.

U.S. Healthcare ERP Market Report Highlights

 The patient relationship management segment is expected to emerge as the fastest-growing segment over the forecast period as medical care providers are finding it challenging to strengthen their relationships with patients owing to the continued enrolment of new patients

 The integration of artificial intelligence (AI) in healthcare ERP solutions is allowing to provide personalized patient care by determining the condition of patients and providing them with the necessary care

 The initiatives undertaken by the government to improve healthcare facilities are expected to open opportunities for the growth of the market

 Medical care administrators in the U.S. are focusing on integrating natural language processing (NLP) programs and machine learning (ML) in their ERP systems to employ predictive analytics in proactively identifying patients

 Some of the key players in the U.S. healthcare ERP market include Epicore Softcare Corporation; Infor; Oracle Corporation; Microsoft Corporation; Sage Software Solution Pvt. Ltd.; and QAD Inc.; among others.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/us-healthcare-erp-market

U.S. Healthcare ERP Market Segmentation                       

Grand View Research has segmented the U.S. healthcare ERP market on the basis of function and deployment:

U.S. Healthcare ERP Function Outlook (Revenue, USD Million, 2014 – 2025)

     Inventory and material management
    Supply chain and logistics management
     Patient relationship management
     Finance and billing
     Others

U.S. Healthcare ERP Deployment Outlook (Revenue, USD Million, 2014 – 2025)

     On-premise
    Cloud

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/us-healthcare-erp-market/request/rs1

Browse More Related Report:

ERP Software Market Analysis By Deployment (On-premise, Cloud), By Functions (Finance, Human Resource (HR), Supply Chain), By Verticals (Manufacturing & Services, BFSI, Health Care, Retail, Government Utilities, Aerospace & Defense, Telecom), by End-User (Large Enterprises, Medium Enterprises, Small Enterprises) And Segment Forecasts To 2022

Latin America ERP Software Market Size, Share & Trends Analysis Report By Deployment, By Functions (Finance, HR, Supply Chain, Others), By Vertical, By End-user (Large Enterprises, Medium Enterprises, Small Enterprises) And Segment Forecasts, 2018 – 2025

About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/us-healthcare-erp-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/atlantanewsonlin/public_html/news.bostonnewsdesk.com/wp-content/themes/gadgetine-theme/includes/single/post-tags-categories.php on line 7
  Categories: