The North America Healthcare ERP Market would witness market growth of 5.8% CAGR during the forecast period (2021-2027).
Healthcare facilities and firms are highly embracing cloud-based ERP systems because of the various advantages related to them, like minimum ownership cost, low availability of in-house technical expertise, agile and flexible infrastructure capacity, less capital requirement, and constant upgrades.
These systems enable healthcare sector to integrate data collected from human resources, supply chain cycles, manufacturing & inventories, and finances & accounting, and optimize back-end processes like payroll management, inventory management, and account management. Moreover, pharmacies and laboratories have started to embrace ERP systems for inventory management, accounts, purchase, point-of-sale profile, and selling.
The healthcare industry is one of the highly regulated industries of the US because of the privacy and security concerns related to digital patient records. Moreover, the existence of key market players in the region is likely to create bright prospects for the healthcare ERP solutions in the regional market. The healthcare infrastructure in different countries is constantly upgrading and becoming robust wherein healthcare ERP plays a crucial role. Hence, these factors are anticipated to fuel the growth of the regional market during the forecasting period.
The US market dominated the North America Healthcare ERP Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,425.9 million by 2027. The Canada market is estimated to grow a CAGR of 8.2% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 7.2% during (2021 - 2027).
Based on Function, the market is segmented into Finance and Billing, Supply Chain and Logistics Management, Inventory and Material Management, Patient Relationship Management, and Others. Based on Deployment, the market is segmented into On-premises and Cloud. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Healthcare ERP Market is Estimated to reach $9,399.8 million by 2027, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Oracle Corporation, SAP SE, McKesson Corporation, Sage Group Plc., Infor, Inc. (Koch Industries), Odoo, QAD, Inc. (Thoma Bravo), Aptean (Vista Equity Partners), and Epicor Software Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Function
- Finance and Billing
- Supply Chain and Logistics Management
- Inventory and Material Management
- Patient Relationship Management
- Others
By Deployment
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- McKesson Corporation
- Sage Group plc
- Infor, Inc. (Koch Industries)
- Odoo
- QAD, Inc. (Thoma Bravo)
- Aptean (Vista Equity Partners)
- Epicor Software Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Healthcare ERP Market, by Function
1.4.2 North America Healthcare ERP Market, by Deployment
1.4.3 North America Healthcare ERP Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Apr – 2021, Jul) Leading Players
Chapter 4. North America Healthcare ERP Market by Function
4.1 North America Finance and Billing Market by Country
4.2 North America Supply Chain and Logistics Management Market by Country
4.3 North America Inventory and Material Management Market by Country
4.4 North America Patient Relationship Management Market by Country
4.5 North America Other Function Market by Country
Chapter 5. North America Healthcare ERP Market by Deployment
5.1 North America On-premises Market by Country
5.2 North America Cloud Market by Country
Chapter 6. North America Healthcare ERP Market by Country
6.1 US Healthcare ERP Market
6.1.1 US Healthcare ERP Market by Function
6.1.2 US Healthcare ERP Market by Deployment
6.2 Canada Healthcare ERP Market
6.2.1 Canada Healthcare ERP Market by Function
6.2.2 Canada Healthcare ERP Market by Deployment
6.3 Mexico Healthcare ERP Market
6.3.1 Mexico Healthcare ERP Market by Function
6.3.2 Mexico Healthcare ERP Market by Deployment
6.4 Rest of North America Healthcare ERP Market
6.4.1 Rest of North America Healthcare ERP Market by Function
6.4.2 Rest of North America Healthcare ERP Market by Deployment
Chapter 7. Company Profiles
7.1 Microsoft Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.1 Recent strategies and developments:
7.1.1.1 Acquisition and Mergers:
7.1.1.2 Product Launches and Product Expansions:
7.1.2 SWOT Analysis
7.2 Oracle Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions
7.2.6 SWOT Analysis
7.3 SAP SE
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 McKesson Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.5 Sage Group plc
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.5.2 Product Launches and Product Expansions:
7.5.5.3 Business Expansions:
7.6 Infor, Inc. (Koch Industries)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Product Launches and Product Expansions:
7.7 Odoo
7.7.1 Company Overview
7.8 QAD, Inc. (Thoma Bravo)
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and Product Expansions:
7.9 Aptean (Vista Equity Partners)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Acquisition and Mergers:
7.1 Epicor Software Corporation
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Acquisition and Mergers:
7.10.2.3 Product Launches and Product Expansions:
TABLE 1 North America Healthcare ERP Market, 2017 - 2020, USD Million
TABLE 2 North America Healthcare ERP Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Healthcare ERP Market
TABLE 4 Product Launches And Product Expansions– Healthcare ERP Market
TABLE 5 Acquisition and Mergers– Healthcare ERP Market
TABLE 6 Business Expansions– Healthcare ERP Market
TABLE 7 North America Healthcare ERP Market by Function, 2017 - 2020, USD Million
TABLE 8 North America Healthcare ERP Market by Function, 2021 - 2027, USD Million
TABLE 9 North America Finance and Billing Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Finance and Billing Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Supply Chain and Logistics Management Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Supply Chain and Logistics Management Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Inventory and Material Management Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Inventory and Material Management Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Patient Relationship Management Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Patient Relationship Management Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Other Function Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Other Function Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Healthcare ERP Market by Deployment, 2017 - 2020, USD Million
TABLE 20 North America Healthcare ERP Market by Deployment, 2021 - 2027, USD Million
TABLE 21 North America On-premises Market by Country, 2017 - 2020, USD Million
TABLE 22 North America On-premises Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Cloud Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Cloud Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Healthcare ERP Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Healthcare ERP Market by Country, 2021 - 2027, USD Million
TABLE 27 US Healthcare ERP Market, 2017 - 2020, USD Million
TABLE 28 US Healthcare ERP Market, 2021 - 2027, USD Million
TABLE 29 US Healthcare ERP Market by Function, 2017 - 2020, USD Million
TABLE 30 US Healthcare ERP Market by Function, 2021 - 2027, USD Million
TABLE 31 US Healthcare ERP Market by Deployment, 2017 - 2020, USD Million
TABLE 32 US Healthcare ERP Market by Deployment, 2021 - 2027, USD Million
TABLE 33 Canada Healthcare ERP Market, 2017 - 2020, USD Million
TABLE 34 Canada Healthcare ERP Market, 2021 - 2027, USD Million
TABLE 35 Canada Healthcare ERP Market by Function, 2017 - 2020, USD Million
TABLE 36 Canada Healthcare ERP Market by Function, 2021 - 2027, USD Million
TABLE 37 Canada Healthcare ERP Market by Deployment, 2017 - 2020, USD Million
TABLE 38 Canada Healthcare ERP Market by Deployment, 2021 - 2027, USD Million
TABLE 39 Mexico Healthcare ERP Market, 2017 - 2020, USD Million
TABLE 40 Mexico Healthcare ERP Market, 2021 - 2027, USD Million
TABLE 41 Mexico Healthcare ERP Market by Function, 2017 - 2020, USD Million
TABLE 42 Mexico Healthcare ERP Market by Function, 2021 - 2027, USD Million
TABLE 43 Mexico Healthcare ERP Market by Deployment, 2017 - 2020, USD Million
TABLE 44 Mexico Healthcare ERP Market by Deployment, 2021 - 2027, USD Million
TABLE 45 Rest of North America Healthcare ERP Market, 2017 - 2020, USD Million
TABLE 46 Rest of North America Healthcare ERP Market, 2021 - 2027, USD Million
TABLE 47 Rest of North America Healthcare ERP Market by Function, 2017 - 2020, USD Million
TABLE 48 Rest of North America Healthcare ERP Market by Function, 2021 - 2027, USD Million
TABLE 49 Rest of North America Healthcare ERP Market by Deployment, 2017 - 2020, USD Million
TABLE 50 Rest of North America Healthcare ERP Market by Deployment, 2021 - 2027, USD Million
TABLE 51 key information – Microsoft Corporation
TABLE 52 Key Information – Oracle Corporation
TABLE 53 Key Information – SAP SE
TABLE 54 Key Information – McKesson Corporation
TABLE 55 Key Information – Sage Group plc
TABLE 56 Key Information – Infor, Inc.
TABLE 57 Key Information – Odoo
TABLE 58 Key Information – QAD, Inc.
TABLE 59 Key Information – aptean
TABLE 60 Key Information – Epicor Software Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Apr – 2021, Jul) Leading Players
FIG 5 Recent strategies and developments: Microsoft Corporation
FIG 6 SWOT Analysis: Microsoft Corporation
FIG 7 Recent strategies and developments: Oracle Corporation
FIG 8 SWOT analysis: Oracle Corporation
FIG 9 Recent strategies and developments: SAP SE
FIG 10 SWOT Analysis: SAP SE
FIG 11 Recent strategies and developments: Sage group plc
FIG 12 Recent strategies and developments: Infor, Inc.
FIG 13 Recent strategies and developments: QAD, Inc. (Thoma Bravo)
FIG 14 Recent strategies and developments: Epicor Software Corporation