Press release
Healthcare Information Software Market to Reach US$ 31.8 Billion by 2028
According to the latest report by IMARC Group, titled "Healthcare Information Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global healthcare information software market size reached US$ 23.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.Healthcare Information Software Market Outlook:
Healthcare information software (HIS) is specifically designed to store, manage, and track patient information. It is used in healthcare organizations, such as hospitals, clinics, and other medical facilities, to help make the job of healthcare professionals easier. It allows quick and easy access to patient records, assisting healthcare providers in making informed decisions about patient care. It also provides a secure way for healthcare specialists to access and share patient information. Additionally, it helps businesses to comply with regulations and standards set by the government. It ensures the security and confidentiality of patient's records while aiding healthcare organizations in maintaining accurate records, following up on treatments, and keeping track of billing and insurance information.
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Global Healthcare Information Software Market Growth:
The escalating rate of healthcare data majorly drives the global market. Coupled with this, the growing need for healthcare organizations to utilize healthcare information software to manage and track patient information, monitor treatments, and ensure quality care is also significantly supporting the market. In addition, healthcare organizations are increasingly investing in the deployment of HIS in order to make more informed decisions, this is acting as another growth-inducing factor. Apart from this, the rising demand for preventive care solutions and the growing prevalence of chronic diseases lead to the development of chronic disease management (CDM) models, further catalyzing the demand for HIS.
Moreover, various technological advancements in healthcare information software, including automated quality control, are creating a positive market outlook. Some other factors driving the market include rapid digitization, continuous improvements in healthcare infrastructure and extensive research and development (R&D) activities.
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Key Market Segmentation:
Competitive landscape
The competitive landscape of the market has also been studied in the report with some of the key players:
• GE Healthcare
• Siemens Healthcare
• 3M Health
• McKesson
• Philips Healthcare
• Agfa Gevaert
• Allscripts
• Dell
• Epic Systems
• NextGen Healthcare
• Merge Healthcare
• Neusoft, InterSystems
• Cerner
• Carestream Health and Meditech
Breakup by Development Model:
• On-Premise
• Cloud
Breakup by Application:
• Hospitals
• Clinics
• Medical Research Centres
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
• Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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