Healthcare Information System Market Size, Share, Trends & Forecast 2019-2025

Posted by nabeel on January 12th, 2021

Healthcare information system market has changed with the changing market dynamics and advancement in technologies such as IoT, cloud computing and many more. These advanced technologies are now being integrated with healthcare software to improve the effectiveness their services. Healthcare information system is used to store, manage and transmit the health record or data and activities across a definite parameter, to everyone authorized with cloud storage. Increase in the number of initiatives taken by the medical facilities is the major factor that is anticipated to drive the global healthcare information system market. Factors such as adoption of cloud computing application in medical facilities and electronic health record (EHR) offered by some hospitals contribute to the market growth.

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Moreover, increasing adoption of advanced technologies in the healthcare sector such as biomedical informatics, artificial reality (AR) and virtual reality (VR) is expected to propel the healthcare information system industry. Active players in the market such as General Electric Co., Athena health Inc., Medidata Solutions Inc, Epic Systems, and Orion Health, among others are adopting these new advanced technologies to integrate with their existing solution. For instance, in September 2017, Health Catalyst’s Data Operating System (DOS Solution was introduced that integrates data warehousing, clinical data repositories, and health information exchanges to a single technology platform. This was an engineering breakthrough for the healthcare information system market that transformed the healthcare industry. 

Regionally, North America is anticipated to hold the largest share in the global market during the forecast period. The largest share of the market in the region is attributed to the well-developed healthcare sector and increased government investment and policies across the region. Further, Asia-Pacific is anticipated to show the highest growth in the market in the near future. The growth in the region is attributed to the increasing concern of the government of the emerging economies to enhance the healthcare infrastructure.

Global Healthcare Information System Market- Segmentation

By Deployment

• On-Premises
• Cloud-Based

By Application

• Hospital Information System
• Laboratory Information System
• Pharmacy Information System

By End-User

• Hospitals
• Diagnostic Centers

Global Healthcare Information System Market - Segment by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

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