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Health Care Information System Market Size, Share & Trends Analysis Report By Technology, By Product, By Application, And Segment Forecasts, 2021 – 2027 | Agfa-Gevaert N.V., Cerner Corporation, Allscripts Healthcare Solutions, McKesson Corporation
The “Health Care Information System Market” report describes in detail the demand and consumption of various products/services related to the market growth dynamics during the forecast period of 2021-2027. A detailed market assessment of the various opportunities in the market segment is expressed in terms of quantity. These are discussed in many sections, including constraints, challenges and opportunities, regional breakdown and opportunity assessment. This global Health Care Information System Market report guarantees rich data on various market opportunities. The report includes strong research from expert analysts.The Health Care Information System Market size is estimated to grow at a CAGR of 10.9% for 2021-2027.
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Health Care Information System market fragments are highlighted by types and applications, locale, and major players. The market is anticipated to appear with solid development rates amid the figure period from 2021 to 2027.
This report covers introduce companies associated with the Health Care Information System Market:
Agfa-Gevaert N.V., Cerner Corporation, Allscripts Healthcare Solutions, McKesson Corporation, Philips Healthcare, GE Healthcare, Siemens Healthineers, Epic Systems Corporation, Truven Health Analytics, Alphabet Inc
Recent Development
GE Healthcare
GE Healthcare has acquired 29 companies, including 7 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 10 assets. GE Healthcare’s largest acquisition to date was in 2021, when it acquired BK Medical Holding Company for $1.5B. It’s largest disclosed sale occurred in 2018, when it sold Centricity Contingent Staffing to Veritas Capital for $1.1B. GE Healthcare has acquired in 11 different US states, and 5 countries. The Company’s most targeted sectors include medical products (41%) and healthcare services (19%).
Philips
Philips has acquired 35 companies, including 15 in the last 5 years. A total of 13 acquisitions came from private equity firms. It has also divested 13 assets. Philips’ largest acquisition to date was in 2007, when it acquired Respironics for $5.1B. It’s largest disclosed sale occurred in 2021, when it sold Koninklijke Philips - Domestic Appliances Business to Hillhouse Capital Management for $3.7B. Philips has acquired in 12 different US states, and 9 countries. The Company’s most targeted sectors include medical products (36%) and electrical equipment (10%).
Market segment by Type, covers
Hardware
Software
Service
Market segment by Application, covering
Hospital
Clinic
Others
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North America and the Asia Pacific dominate the market:
North America accounted for the largest share of over 45.0% in 2020 primarily due to the high demand for technologically advanced solutions and services in healthcare systems and the presence of a large number of vendors, such as Cerner, GE Healthcare, McKesson, Oracle, and Microsoft. The presence of large health settings in this region is a contributor to the market growth. Technologically advanced products offer a more effective way of operating hospital processes and administration. The enactment of laws and legislation to increase the adoption of EHR is an important factor, which is boosting the market growth.
The Asia Pacific is expected to be the fastest-growing segment over the forecast period. Technological advancements such as eHealth platforms and cloud computing are playing a major role in driving the regional market. The healthcare data is subject to stringent regulatory oversight to ensure confidentiality of the information, safe and secure storage, user-level authorization, traceability of information, and mitigation of other cyber security threats.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2021-2027) of the following regions are covered:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Some of the most significant insights gathered through the business intelligence study on the global Health Care Information System Market consists:
Key regions and leading countries in global Health Care Information System Market
Distribution network changes due to COVID19 pandemic
Key consumer segments are expected to drive global demand for the Health Care Information System market regional policy framework and regulatory guidelines.
Projected CAGR in the forecast period 2021 to 2027
Analysis of historical and current consumer buying trends related to the global Health Care Information System market.
Technological advancements and innovative products can completely change the Health Care Information System market.
Companies that held the leading share in the market during the historic years
Table of Contents: Health Care Information System Market
- Chapter 1: Outline of Health Care Information System Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Producers Presentation and market Information
- Chapter 8: Upstream and Downstream Market Investigation
- Chapter 9: Fetched and Net Edge Investigation
- Chapter 10: Marketing Status Investigation
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference
Impact of COVID-19 on the Health Care Information System Market:
The rise of COVID-19 has moderated showcase development; in any case, the market is continuously picking up pace due to rising lockdowns. The sudden increment in CAGR is due to the request and extension of this market, which is an ability to return to pre-pandemic levels once the widespread, is gone.
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