PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1424989
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1424989
Urgent Care Center Software Market size was valued at USD 24,956 Million in 2022, expanding at a CAGR of 5.4% from 2023 to 2030.
Urgent care helps doctors and practitioners to effectively handle the busy workflow of urgent care facilities with the use of urgent care software solutions. A multispecialty-capable urgent care solution is crucial in the constantly changing healthcare industry.
Urgent Care Center Software Market- Market Dynamics
Increasing demand from urgent care clinics & immediate medical care to propel market demand
The need for software that may improve patient experience, optimize operations, and boost overall efficiency in these centers is growing along with the requirement for timely healthcare services. As a result, these solutions are being used by numerous enterprises to improve workflow. For example, Next Level Urgent Care, a Texas-based company, implemented Allscripts Professional EHR Software in December 2021 to optimize operations at 20 distinct Houston sites. Rapid patient volume intake at urgent care facilities means that streamlining workflow and streamlining the billing process are constant demands. These factors are expected to bolster the demand for software solution which in turn is market growth.
Furthermore, urgent care facilities must abide by the rules, which are ever changing, as well as the compliance requirements. Over the course of the forecast period, software solutions that have these capabilities in accordance with compliance features, such as HIPAA compliance, are anticipated to propel market expansion. To maintain compliance with federal and state-mandated standards, such as HIPAA & OSHA policies, American Medical Compliance, for example, offers Urgent Care Compliance Solutions with dynamic HR and LMS platforms.
Urgent Care Center Software Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 5.4% over the forecast period (2023-2030)
Based on Type segmentation, standalone software segment was predicted to show maximum market share in the year 2022, due to its low cost & customization.
Based on Deployment segmentation, cloud-based segment was the leading segment in 2022, due to growing demand for scalability and easy to use.
Based on Application segmentation, EHR/EMR segment was the leading segment in 2022, mainly due to greater adoption of EHR solutions.
On the basis of region, North America was the leading revenue generator in 2022, owing to availability advanced tech & software solution.
The Global Urgent Care Center Software Market is segmented on the basis of Type, Deployment, Application, and Region.
The market is divided into two categories based on Type: integrated and standalone. The standalone segment dominates the market. The customized functionality, & lower cost are expected to boost segment demand.
The market is divided into two categories based on Deployment: on-premises and cloud-based. The cloud-based segment dominates the market and is likely to maintain its dominance during the forecast period. The growing developments in healthcare IT infrastructure is boosting segment growth.
The market is divided into five categories based on Application: EHR/EMR, practice management, revenue cycle management, patient engagement, and telehealth. The EHR/EMR segment dominates the market and is likely to maintain its dominance during the forecast period. The rise in the adoption of cloud based EHR platform is a key factor boosting the market growth.
Urgent Care Center Software Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to dominate the market during the forecast period. This is because of events like telemedicine's technological advances and how urgent care providers have incorporated them into their services, along with the high costs of both public and private healthcare and the rising prevalence of chronic illnesses. Additionally, the opening of urgent care facilities is anticipated to fuel the market's expansion in the area.
Due to the large number of domestic players, the market is somewhat fragmented. Some of the key firms control most of the industry share in this highly consolidated market. To capture as much of the market as possible, the major companies are introducing new products, including integrated products. Businesses are collaborating with urgent care facilities to create cutting-edge and creative solutions. Some of the key players include Praxis, NextGen HER, Experity Inc., etc.
In June 2022, GYANT introduced Async, an asynchronous e-Visit care platform in partnership with Intermountain Healthcare to handle urgent care cases virtually.