Healthcare Information Systems Industry Is Anticipated To Boost Due To Rising Global Prevalence Of Chronic Diseases
Posted by Jyoti on July 28th, 2023
Grand View Research’s healthcare information systems industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
Access the Global Healthcare Information Systems Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.
Hospital Information System Market Report Highlights
The global hospital information system market size is expected to reach USD 405.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 17.4% from 2023 to 2030.
• The population health management type segment accounted for the maximum revenue share in 2022 due to the improved healthcare outcomes provided by the software
• The web-based deployment segment dominated the industry in 2022 owing to benefits offered, such as reduced business costs and improved accuracy
• The software component segment led the industry in 2022 owing to the presence of technologically advanced IT infrastructure in healthcare organizations
• North America led the market in 2022 due to the presence of a large number of vendors, such as Cerner (Oracle), GE Healthcare, Carestream Health, IBM, and McKesson Corporation, in the region offering information solutions
Laboratory Informatics Market Report Highlights
The global laboratory informatics market size is expected to reach USD 4.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.9% from 2023 to 2030.
• Based on product, LIMS dominated the market in 2022 owing to the associated benefits such as data tracking and management with fewer errors
• The ECM product segment is expected to register a CAGR of 3.3% over the forecast period. Demand for upgraded laboratory informatics technologies such as Enterprise Content Management (ECM) solutions amongst research professionals and industry players, respectively, is expected to increase over the forecast period
• By delivery mode, the cloud-based segment is anticipated to register a lucrative CAGR of 5.4% over the forecast period due to the growing acceptance of cloud-based services by industry participants
• North America dominated the market and accounted for a revenue share of over 40.0% in 2022, which is attributed to supportive government initiatives promoting the adoption of LIMS
• In Asia Pacific, the market is likely to witness profitable growth over the forecast period due to the increasing R&D expenditure deployed by the public and private sectors, coupled with the increasing awareness levels pertaining to LIMS
• Key players are involved in partnerships, mergers and acquisitions, and the launch of new products. In September 2021, PerkinElmer has completed the acquisition of BioLegend. This purchase of BioLegend marks the major transaction in the company’s history as it expands PerkinElmer’s life science franchise
Order your copy of Free Sample of “Healthcare Information Systems Industry Data Book - Hospital Information Systems, Pharmacy Automation Systems, Laboratory Informatics and Revenue Cycle Management Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
U.S. Revenue Cycle Management Market Report Highlights
The U.S. revenue cycle management market size is expected to reach USD 308.2 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.3% from 2023 to 2030.
• The services component segment dominated the market in 2022 owing to the outsourcing of RCM services from third-party vendors with adequate skill set and workforce
• By product type, integrated system spearheaded the market in 2022 owing to the growing demand from healthcare organizations for a synchronized single platform to manage financial activities
• The web-based delivery mode segment dominated the market in 2022 owing to the cost-effectiveness and rapid deployment associated with these solutions
• The hospitals end-user segment led the market in 2022 owing to the presence of well-established hospitals and growing healthcare IT infrastructure
• The others physician specialty segment dominated the market in 2022 owing to the increase in insurance coverage policies for other healthcare services
• The in-house sourcing segment held the largest revenue share in 2022 owing to the advantages offered such as patient information confidentiality and entire control of coding operations
• Based on function, the claims management segment led the market in 2022 owing to the increasing patient volume and the presence of ineffective claim management systems
Competitive Landscape
Key players operating in the Healthcare Information Systems Industry are –
• athenahealth, Inc.
• Philips Healthcare
• Agfa Gevaert Group
• McKesson Corporation
• Epic Systems Corporation
• Allscripts Healthcare, LLC
• Cerner Corporation
• GE Healthcare
• Hewlett Packard
• Agfa Gevaert Group
Check out more Industry Data Books, published by Grand View Research
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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