Hospital Information System Market Size, Industry Trends, Share and Forecast 2018-2023

Hospital Information Systems (HIS) is a digital integrated system that is design to manage all aspects of hospital operations such as administrative, financial and store data for patient’s medication and inventory of the medical store. There is a shift from the traditional approach of paper-based manual operations to IT-based solutions in hospital management. HIS is basically designed to manage all the information such as administrative and inventory functions, which allows the healthcare provider to do their work effectively. In addition, it supports in managing patient profiles, processing and billing and inventory workflow. Factors motivating the growth of the hospital information system market include an increase in demand of people for the better quality of healthcare services. The growing adoption of cloud-based HIS across various segments of the healthcare sector is also another factor that drives the growth of this market. Complex installation and maintenance cost and lack of skilled IT professionals in the healthcare industry at present are major restraining factors which may affect the growth of this market. Currently, the adoption of EHR, eHealth platforms, and web-based technology are the major opportunities for this market. In addition, the increased funding and initiative by the government and major players in providing better healthcare services are also contribute to the growth of this market in the forecast year.

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Geographically HIS market is divided into North America, Europe, Asia Pacific and Rest of the World. North America region represents considerably the largest market for HIS in 2017 owing to the presence of large number of market players in the region. The Asia Pacific is considered to be the fastest growing region as government regulation of these economies encourages healthcare providers to adopt technically advanced HIS systems. Europe is expected to have considerable market share due to the increasing use of HIS in managing various administrative activities of hospitals. The major countries that will contribute to the market are UK, Germany, Spain, France, Italy.

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GLOBAL HOSPITAL INFORMATION SYSTEMS MARKET SEGMENTATION

BY DEPLOYMENT

WEB BASED
ON-PREMISES
CLOUD BASED
BY COMPONENTS

HARDWARE
SOFTWARE
SERVICES
BY PRODUCT

ELECTRONIC MEDICAL RECORD (EMR)
ELECTRONIC HEALTH RECORD (EHR)
LABORATORY INFORMATION SYSTEM
CARDIOLOGY INFORMATION SYSTEM
RADIOLOGY INFORMATION SYSTEM
MATERIAL MANAGEMENT SYSTEM
CLINICAL DATA REPOSITORY
HR AND PAYROLL
OTHERS.
COMPETITIVE LANDSCAPE

KEY STRATEGIES
KEY COMPANY ANALYSIS
REGIONAL ANALYSIS

NORTH AMERICA
UNITED STATES
CANADA
EUROPE
UK
GERMANY
SPAIN
FRANCE
ITALY
REST OF EUROPE
ASIA PACIFIC
INDIA
CHINA
JAPAN
REST OF APAC
REST OF THE WORLD
COMPANY PROFILES

ADROIT INFOSYSTEMS PVT. LTD.
ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
ATHENAHEALTH, INC
CARESOFT INC.
CARESTREAM HEALTH INC.
CERNER CORPORATION
ECLINICALWORKS, LLC
EPIC SYSTEMS CORPORATION
GE HEALTHCARE
GREENWAY HEALTH LLC
INGENIOUS MED INC.
MCKESSON CORPORATION
MERGE HEALTHCARE, INC
NEXTGEN HEALTHCARE
PHILIPS HEALTHCARE
PINNACLE TECHNOLOGIES PVT. LTD.
PRACTICE FUSION, INC.
PRACTO
PROEMTECH INFOSYSTEMS PVT. LTD.
SIEMENS HEALTHINEERS

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