Healthcare Information System Market Projected to Hit USD 1,179.66 Billion at a CAGR of 12.7% CAGR by 2030
In a recent research report by Market Research Community, the healthcare information system market is expected to surpass USD 1,179.66 Billion by the year 2030, from USD 402.20 Billion in 2021.
The proliferation of mHealth initiatives by businesses and healthcare organizations is encouraging a rise in the use of IT solutions for remote patient monitoring services. For example, the Marshfield Clinic Health System in Wisconsin will employ mHealth devices to remotely monitor patients with congestive heart failure in 2019.
Top Key Players of the Healthcare Information System Market:
athenahealth, Inc., Agfa Gevaert Group, eClinicalWorks, Philips Healthcare, Hewlett Packard, McKesson Corporation, Allscripts Healthcare, LLC, GE Healthcare, Cerner Corporation, Epic Systems Corporation, Carestream Health, Novarad Corporation, e-MDs Incorporation, Medidata Solutions Inc., Siemens Healthineers, NextGen Healthcare, Ada Health GmbH, SWORD Health, Siilo, Oracle, NXGN Management, LLC, GREENWAY HEALTH, LLC., Infor.
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On the Basis of Application:
Hospital Information System
Pharmacy Information Systems
Laboratory Information Systems
Revenue Cycle Management
Medical Imaging Information System
Component Covers in This Report Are:
Software & Systems
By End User:
Academic and Research Institutes
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
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eHealth initiatives include improving the current IT environment and encouraging the adoption of solutions for patient involvement and physician coordination. Globally, there are an increasing number of measures being taken to implement eHealth. These elements are expected to boost the growth of the healthcare information system market.
Over the projected period, the category for software and systems is anticipated to increase at the fastest rate. The market for software used in healthcare systems is expanding due to the rising demand for effective management of organizational workflows in healthcare organizations, the shift toward value-based care in developed economies, and the growing number of initiatives being undertaken by private & public players for supporting healthcare IT infrastructure.
Europe is expected to gain significant market attention during the forecast period. One of the regions making significant investments in eHealth infrastructure in Europe. These initiatives have increased the use of eHealth in Europe to enhance the provision of healthcare services and public health.
The healthcare information system market is projected to grow at a significant pace reaching a CAGR of approximately 12.7%, over the forecast period of 2022-2030, despite a considerable fall in Component sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Component (Hardware, Software & Systems, Services), Deployment (Web-based, On-premises, Cloud-based), Application (Hospital Information System, Pharmacy Information Systems, Laboratory Information Systems, Revenue Cycle Management, Medical Imaging Information System), By End-use (Hospitals, Diagnostic Centers, Academic and Research Institutes) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.
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The research provides answers to the following key questions:
What will be the roadmap for the product manufacturers operating in the Healthcare Information System industry for the forecast period, 2022 to 2030?
What are the recent developments in the competitive landscape to look out for during the estimated period?
What are the major trends influencing customers' lives and their buying behaviour?
How can brands best communicate with the customers they intend to target?
When, where and how the customers want to use or consume the products or services?
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