According to Stratistics MRC, the Global Healthcare Contract Management Software market accounted for $ 528.70 million in 2017 and is expected to reach $ 2627.37 million by 2026 growing at a CAGR of 19.5 % during the forecast period. Some of the key factors such as high returns on investment and growing need for healthcare insurance providers are driving the market growth. However, the high costs involved for the implementation of this software and IT infrastructural limitations in developing countries are the restraining factors for the market growth. Moreover, competitive rivalry among healthcare payers and declining reimbursements will provide ample opportunities for the growth of the market.
Healthcare Contract Management Software is a software that ensures healthcare company adheres to strict data compliance guidelines is part of everyday duties as a healthcare contract management professional. It is an easy way to reduce friction in the contract management process through intuitive healthcare contract management software with security features, access control, and activity logs not typically found in other solutions. Contracts are essential documents in all industries and healthcare is no exception. A typical hospital or healthcare organization will have hundreds to thousands of contracts with a range of vendors, individuals and organizations
By Product & Service, software segment is likely to grow with highest CAGR during the forecast period due to the high growth in use of this segment in contract lifecycle process and maintaining complex documents in the contract repository. By geography, Asia Pacific is expected to observe significant growth in the forecast period, mainly due to the rapid return on investment (ROI) and increasing demand for effective contract management software. A number of healthcare organizations in Asia are moving towards digitization to streamline the entire workflow, ensure patient care and safety that resulted in an increased demand for contract management software.
Some of the key players in this market include Concord, Determine Inc., Icertis Inc., Optum Inc., CobbleStone Software, Coupa Software Inc., nThrive Inc., Experian PLC., Contract Logix LLC., ScienceSoft and Apttus Corporation.
Product & Services Covered:
• Software
• Services
End Users Covered:
• Medical Device Manufacturers and Pharma & Biotech Companies
• Research Organizations
• Healthcare Providers
• Healthcare Payers
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Healthcare Contract Management Software Market, By Product
7.1. Healthcare Contract Management Software Market, By Product Type, 2020-2027
7.1.1. Software
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Services
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Healthcare Contract Management Software Market, By End-use
8.1. Healthcare Contract Management Software Market, By End-use, 2020-2027
8.1.1. Healthcare Providers
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Healthcare Payers
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Medical Device Manufacturers and Pharma & Biotechnology Companies
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Research Organizations
8.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Healthcare Contract Management Software Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, By Product (2016-2027)
9.1.2. Market Revenue and Forecast, By End-use (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, By Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, By Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, By Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, By End-use (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, By Product (2016-2027)
9.5.2. Market Revenue and Forecast, By End-use (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, By Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, By End-use (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, By Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, By End-use (2016-2027)
Chapter 10. Company Profiles
10.1. Icertis
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Apttus Corporation
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Optum Inc
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Determine Inc.
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. CobbleStone Software
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Experian Plc.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. ScienceSoft
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. nthrive Inc
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Concord
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Coupa Software Inc.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Contract Logix LLC
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers