Master Patient Index Software Market Share, Size, and Trends by 2028
Master Patient Index Software Market: Strategic Insights
Master Patient Index Software Market
-
CAGR (2020 - 2028)10.3% -
Market Size 2020
US$ 776.36 Million -
Market Size 2028
US$ 1,678.86 Million
Market Dynamics
GROWTH DRIVERS
- Assistance in managing clinical, financial, and demographic data
- Growing adoption of electronic health records (EHRs) driving demand for patient information systems
- Rising concerns about patient safety and data privacy
FUTURE TRENDS
- Advancements in artificial intelligence and machine learning for improved data matching and patient record deduplication.
- Increasing focus on interoperability standards to ensure seamless data exchange across various healthcare platforms.
- Development of cloud-based master patient index solutions for enhanced accessibility, scalability, and cost-effectiveness.
OPPORTUNITIES
- Expansion of the market in emerging economies with improving healthcare infrastructure and digital transformation initiatives.
- Potential for partnerships between software providers and healthcare organizations to develop customized solutions that meet specific needs.
- Growth in telehealth services requiring reliable patient identification and management systems to support virtual care.
Key Players
- McKesson Corporation
- Oracle Corporation
- Wipro Limited
- Allscripts Healthcare Solutions Inc
- NextGate
- Just Associates Inc
- Verato
- QuadraMed Affinity Corporation
- MEDITECH
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Software and Service
Deployment - Cloud-based and On-premises
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