The global medical document management market is estimated to be worth around $220 million in 2014 and grow at a CAGR of 13%-14% during the forecast period of 2014 to 2019. This market is mainly driven by the need for regulatory compliance, improved patient care and cost containment in healthcare, and accurate, secure, & fast systems to manage critical information. Moreover, the paperless environment created by document management systems results in a streamlined workflow, thus increasing the operational efficiency of healthcare organizations.