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Healthcare Data Informatics Software Size, Trends, Growth Analysis, and Forecast | Valuates Reports
Healthcare Data Informatics Software Market SizeThe global market for Healthcare Data Informatics Software was estimated to be worth US$ 563.2 million in 2023 and is forecast to a readjusted size of US$ 1008.7 million by 2030 with a CAGR of 7.5% during the forecast period 2024-2030.
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Major Trends in the Healthcare Data Informatics Software Market
1. Integration of Artificial Intelligence (AI) and Machine : Learning (ML) AI and ML are revolutionizing healthcare data informatics by enabling predictive analytics, automated data processing, and personalized medicine. These technologies enhance decision-making, improve diagnostic accuracy, and streamline administrative tasks.
2. Shift Toward Cloud-Based Solutions:
The adoption of cloud-based healthcare data informatics software is growing due to its scalability, cost-efficiency, and accessibility. Cloud platforms enable secure data storage and sharing, facilitating seamless collaboration among healthcare providers.
3. Increased Focus on Interoperability:
Interoperability is becoming a critical factor as healthcare providers seek to integrate data from various sources, such as electronic health records (EHRs), wearables, and medical devices. Standards like HL7 and FHIR are driving this trend, ensuring data consistency and compatibility.
4. Adoption of Real-Time Data Analytics:
Real-time data analytics is gaining traction, empowering healthcare providers to monitor patient health, optimize workflows, and respond promptly to emergencies. This trend is particularly vital for managing chronic diseases and remote patient monitoring.
By Type
• Hospital Information System
• Pharmacy Information System
• Laboratory Information System
• Medical Imaging Information System
By Application
• Hospital
• Diagnostic Center
• Academic and Research Institutions
Key Companies:
Koninklijke Philips, NXGN Management, General Electric Company, Siemens Healtcare, 3M, Mckesson Corporation, Agfa-Gevaert Group
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