New Study from StrategyR Highlights a $2.7 Billion Global Market for Healthcare Contract Management Software by 2026

SAN FRANCISCO, Aug. 26, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Healthcare Contract Management Software – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 729
Companies: 34 – Players covered include Apttus Corporation; CobbleStone Software; Concord; Contract Logix LLC.; Coupa Software, Inc.; Determine, Inc.; Experian PLC.; Icertis, Inc.; nThrive, Inc.; Optum, Inc.; ScienceSoft and Others.
Coverage: All major geographies and key segments
Segments: Component (Software, Services); End-Use (Healthcare Providers, Healthcare Payers, Medical Device Manufacturers, Pharma & Biotechnology Companies, Research Organizations)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Healthcare Contract Management Software Market to Reach $2.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Healthcare Contract Management Software estimated at US$976.4 Million in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2026, growing at a CAGR of 18.3% over the analysis period. Software, one of the segments analyzed in the report, is projected to record a 18.7% CAGR and reach US$2.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 16.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $314 Million in 2021, While China is Forecast to Reach $418.7 Million by 2026
The Healthcare Contract Management Software market in the U.S. is estimated at US$314 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$418.7 Million by the year 2026 trailing a CAGR of 17.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 15.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.