openPR Logo
Press release

Hospital Information System Market to Hit USD 102.21 billion by 2030 owing to technological progress in health care.

02-09-2024 02:41 PM CET | Health & Medicine

Press release from: SNS Insider Pvt Ltd

Hospital Information System Market

Hospital Information System Market

The SNS Insider report indicates that the Hospital Information System Market was valued at USD 64.13 billion in 2022, and is expected to reach market size of USD 102.21 billion by 2030, with a compound annual growth rate (CAGR) of 6% expected over the forecast period from 2023 to 2030.

Based on SNS Insider's research, the delivery of health data to the relevant stakeholders as soon as possible is dependent on a healthcare information system that provides seamless access to all necessary medical care and IT.

Market Report Scope -

Revenue management aspects are an important module in the hospital information system. In addition, improvements in overall efficiency and clinical management are becoming increasingly important in the current trend. Although all clinical institutions require some modules, the size and specialised areas of care covered by each institution determine the requirement for others.

Get sample PDF Hospital Information System Market Report@

The major key players In Hospital Information System Market
- Allscripts, Cerner Corporation,
-GE Healthcare,
-McKesson Corporation,
-Carestream Health,
-NextGen Healthcare,
-Philips Healthcare,
-Siemens Healthineers,
-Merge Healthcare Inc.
-and other players.

Market Growth Factors-

Increasing demand for better healthcare facilities & increasing initiatives by governments of various countries around the world
A range of ICT projects using information and communication technologies to improve the efficiency and effectiveness of public health systems has been launched by governments from different countries around the world. The ICT sector is constantly being planned and invested by these governments. The National Health Portal of the Indian Government provides information, aimed at raising citizens' awareness about health conditions and availability of a variety of treatments, government programmes and services within the healthcare sector, in multiple languages to residents and interested parties.

Hospital Information System Market Segmentation Analysis -

In 2022, the revenue cycle management segment accounted for 66.2% of total market share. This is due to the need to reduce medical billing errors, to reduce healthcare reimbursements, to shift the trend towards the development of synchronized management systems, and to increase the need to optimise the flow of information in hospitals and other healthcare facilities.

By Component

By Delivery Mode

By Application
-Clinical Information System
-Administrative Information System
-Electronic Medical Record
-Laboratory Information System
-Radiology Information System
-Pharmacy Information System

In 2022, the hospital segment accounted for 76.4% of total market share. Increased efficiency of staff has resulted in easier and more organised care for patients as a result of the growing use of healthcare information systems at hospitals. It will help to manage the administrative, financial and clinical aspects of hospitals with a view to efficiently maintaining hospital inventories and patient records. The adoption of hospital information systems is also increasing due to technological advances in cloud-based systems.

Need Customized Report as per Your Business Requirement Ask Here @

Key Regional Development -

In 2022, North America accounted for 52.0% of the market, in particular due to factors like a strong economy and presence of hospitals, advanced research centres, universities and medical device manufacturers from this area. Potential growth opportunities for market players in the area of healthcare information technology services are created by major hospitals and research centres such as Mayo Clinic, University of Maryland Medical Center, Cleveland Clinic, St. Jude Children's Research Hospital or John Hopkins Health System.

Due to the increase in government healthcare spending, Asia Pacific is the fastest growing regional market with high demand for health information technology. Furthermore, the main drivers of demand for the market in this region are increasing healthcare expenditure in developing Asian countries, as well as improvements in healthcare infrastructure, due to the growth in the adoption of advanced technologies to streamline hospital procedures and reduce medical costs.

Key Takeaway from Hospital Information System Market Study-

The growth of the global hospital information system market is expected to be driven by rapidly developing healthcare infrastructures. In addition, the Delhi government approved an INR 13.9 billion project to set up a cloud based Integrated Health Information Management System in all of its hospitals during August 2021.

The growth of the global hospital information system market is expected to be supported by introducing new products from large manufacturers.

Recent Development Related to Hospital Information System Market -

In December 2021, Cerner made an announcement in December 2021 that it had been purchased by Oracle. Through this acquisition, the companies will transform healthcare delivery by providing healthcare professionals with the information to make better treatment decisions.

In December 2021, In the Netherlands, Royal Philips has entered into a partnership with Ijssel land Hospital, which provides healthcare services in Capelle. By focusing on digitalisation, optimisation and innovation as well as the purchase of patient monitoring and radiology solutions which include CT and MRI systems, this partnership aims to improve patients' care in the region.

Buy Hospital Information System Market Report@

Table of Contents


2.Research Methodology

3.Market Dynamics

4.Impact Analysis

4.1COVID-19 Impact Analysis

4.2.Impact of Ukraine- Russia war

4.3.Impact of Ongoing Recession on Major Economies

5.Value Chain Analysis

6.Porter's 5 Forces Model

7.PEST Analysis

8.Hospital Information System Market Segmentation, By Component

9.Hospital Information System Market Segmentation, By Delivery Mode

10.Hospital Information System Market, By Application

11. Regional Analysis

12. Company profile

13.Competitive Landscape

14.Use Case and Best Practices



Access Complete Report Details with Toc and Graphs@

Contact Us:
Akash Anand - Head of Business Development & Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hospital Information System Market to Hit USD 102.21 billion by 2030 owing to technological progress in health care. here

News-ID: 3379723 • Views:

More Releases from SNS Insider Pvt Ltd

Automotive Digital Cockpit Market Size is Predicted to Grow USD 29.14 billion by 2031 Due to Rise of Mobile Services
Automotive Digital Cockpit Market Size is Predicted to Grow USD 29.14 billion by …
Automotive Digital Cockpit Market Overview: The SNS Insider report indicates that the Automotive Digital Cockpit Market was valued at  USD 15.98 billion in 2023, and it is projected to achieve a market size of USD 29.14 Billion by 2031 with a compound annual growth rate CAGR of 7.87% expected over the forecast period from 2023 to 2030. The automotive digital cockpit market indeed continues to witness significant growth, driven by advancements in technology and
Semi-Autonomous Vehicle Market Hits $113.76 Million by 2030
Semi-Autonomous Vehicle Market Hits $113.76 Million by 2030
The SNS Insider report indicates that the 𝐒𝐞𝐦𝐢-𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at US$ 24.27 million in 2022, and it is projected to achieve a market size of 𝐔𝐒$ 𝟏𝟏𝟑.𝟕𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, with a compound annual growth rate (CAGR) of 21.3% expected over the forecast period from 2023 to 2030. 𝐀 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐜𝐨𝐩𝐞: As technology continues to advance, the capabilities of autonomous and semi-autonomous vehicles are expected to improve
Heart Failure POC & LOC Devices Market Worth US$ 286.42 Million by 2030
Heart Failure POC & LOC Devices Market Worth US$ 286.42 Million by 2030
Heart Failure POC & LOC Devices Market Report Scope & Overview According to SNS Insider's analysis, the allure of miniaturization combined with its potential to revolutionize disease diagnosis through cost-efficiency, simplicity in operation, and analytical capabilities is a standout feature of lab-on-chip (LOC) technology. Driving the market forward will be the dynamic landscape of research and development endeavors focused on pioneering novel LOC tests tailored for the detection of cardiovascular disease
Regenerative Medicine Market Size, Share, Segmentation, Opportunities & Industry forecast by 2030
Regenerative Medicine Market Size, Share, Segmentation, Opportunities & Industry …
Regenerative Medicine Market Sizing According to the SNS Insider Report, the market size of Regenerative Medicine was assessed at US$ 25.65 Bn in 2022, with projections pointing towards a growth to US$ 90.13 Bn by 2030. This signifies a compound annual growth rate (CAGR) of 17.01% during the forecast period from 2023 to 2030 Regenerative Medicine Market Report Scope The Regenerative Medicine Market Report is comprehensive analysis of the global market for

All 5 Releases

More Releases for Hospital

Outbound Medical Tourism Services Market 2021-2027| Christus Muguerza Hospital, …
Outbound Medical Tourism Services refers to people traveling abroad to obtain medical treatment. An informative data report titled Outbound Medical Tourism Services Market was published by Reportsweb. It takes a closer look at the different aspects of the businesses, that are responsible for fuelling the growth of the companies. Additionally, it offers some significant factors, which are restraining the progress of the industries. To predict the turning point of the businesses,
Canada Hospital Supplies Market Report - Disposable Hospital Supplies, Hospital …
ReportsnReports added a new report on The Canada Hospital Supplies Market report that delivers the clean elaborated structure of the Report comprising each and every business-related information of the market at a global level. The in-depth study on the current state which focuses on the major drivers and restraints for the key players. Canada Hospital Supplies Market Industry research report provides granular analysis of the market share, segmentation, revenue forecasts,
Veterinary Orthopedic Treatment Market Key Players| Adobe Animal Hospital, Allan …
A Comprehensive research study conducted by KD Market Insights on " Veterinary Orthopedic Treatment Market by Procedure (Cruciate Ligament Tear, Patellar Luxation, Hip Dysplasia, Elbow Dysplasia, Bone Fracture, and Osteoarthritis Management), and Animal Type (Dog, Cat and Other Animal Types): Global Opportunity Analysis and Industry Forecast, 2017 - 2025" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Veterinary Orthopedic Treatment Market report includes market size,
Hospital Profitability Market SWOT Analysis of Key Players- Mayo Clinic Hospital …
HTF MI has added the report on Global Hospital Profitability Market for the forecast till 2025, the report comprises of the estimation of the Global Hospital Profitability Market. The following Industry is shown to progress with a noteworthy rise in the Compound Annual Growth Rate (CAGR) during the forecast period owing to various factors driving the market. Some of the key players mentioned in this research are "Mayo Clinic Hospital,
Medical Tourism Market Key Players- Bumrungrad International Hospital, Bangkok C …
As per the current market trends and the promising nature of the “Global Medical Tourism Market” market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode
Hospital Profitability Market - Mayo Clinic Hospital, The Cleveland Clinic, The …
Global Hospital Profitability Market Size, Status and Forecast 2022 provides Market information about top Key Players, Countries, Type and Application. This Industry report also states Company Profile, sales, Hospital Profitability Market revenue and price, market share, market growth and gross margin by regions. Top Key Players: Mayo Clinic Hospital The Cleveland Clinic The Jhons Hopkins Hospital Massachusetts General Hospital Ronald Reagan UCLA Medical Center Peking Union Medical College Hospital West China Hospital of Sichuan University Chinese PLA General