Global Healthcare Information Systems Market

Healthcare Information Systems Market Size, Share, Growth Analysis, By Application (Hospital Information System, Pharmacy Automation Systems), By Deployment (Web-Based, On-Premises), By Component, By End User, By Region - Industry Forecast 2025-2032


Report ID: SQMIG35G2125 | Region: Global | Published Date: December, 2024
Pages: 157 | Tables: 119 | Figures: 79

Healthcare Information Systems Market Insights

Healthcare Information Systems Market size was valued at USD 406.4 Billion in 2023 and is poised to grow from USD 460.45 Billion in 2024 to USD 1829.57 Billion by 2032, growing at a CAGR of 13.3% during the forecast period (2025-2032).

Healthcare information systems provide solutions for the security and management of healthcare-related data. The impact of information technology on the cost, quality, and safety of healthcare is greater. Electronic medical records, healthcare records, and personal health records are some of the most widely used applications in the healthcare industry. Patient-centered care management, population health management, and point-of-care solutions help providers reduce healthcare costs while also increasing outcomes by developing patient registries and patient portals. One of the main factors influencing market growth is technological advancements in healthcare IT infrastructure, including the use of IoT, big data, and AI. Electronic health records and personal health records are two of the most widely used healthcare information systems. Increased government investments in healthcare infrastructure development and digitization have played a vital role in the growth of the global market. Increasing development strategies such as new product launches, partnerships, and collaborations are significant factors in determining the expansion of the market. However, the reluctance of the healthcare infrastructure to operate these systems is expected to restrain the growth of the global market.

US Healthcare Information Systems Market is poised to grow at a sustainable CAGR for the next forecast year.

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Healthcare Information Systems Market size was valued at USD 406.4 Billion in 2023 and is poised to grow from USD 460.45 Billion in 2024 to USD 1829.57 Billion by 2032, growing at a CAGR of 13.3% during the forecast period (2025-2032).

Global healthcare information systems market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Mckesson Corporation ', 'Cerner Corporation. ', 'Athenahealth, Inc. ', 'Allscripts Healthcare, LLC ', 'Medidata Solutions Inc. ', 'AGFA Gevaert NV ', 'GE Healthcare ', 'Siemens Healthineers ', 'Epic Systems Corporation ', 'Nextgen Healthcare ', 'EclinicalWorks ', 'Philips Healthcare ', 'Hewlett Packard ', 'Carestream Health ', 'Novarad Corporation ', 'E-MDS Incorporation ', 'ADA Health Gmbh ', 'Sword Health ', 'Oracle Corporation ', 'Orion Health ', 'In November 2022, Malta launched its first national health workforce strategy, an ambitious plan to address the shortage of health-care workers while also addressing gaps in their training, retention, and professional development.', 'In November 2022, Fujifilm India Pvt. Ltd., a pioneer in diagnostic imaging and information systems for healthcare facilities, expanded its pulmonology solutions portfolio in India with the launch of the EB-710P, a new slim video bronchoscope.'

The increasing rates of chronic diseases, a geriatric population, and an increase in road accidents are all contributing to an increase in hospitalized patients. A massive amount of patient-related data must be managed efficiently and economically stored. The rising need to eliminate paperwork is propelling the growth of the global healthcare information systems market size.

Increasing of launching mHealth programs by many companies and healthcare institutions for remote patient monitoring, which is leading to an increase in the implementation of IT solutions for remote patient monitoring services.

North America dominated the market in 2021, accounting for approximately 52% of the total, and is expected to maintain this position during the forecast period due to factors such as high economic development and the presence of hospitals, advanced research centres, universities, and medical device manufacturers in this region. The North American government activities to remove paperwork and keep increasing the use of digital technologies for storing patient data have significantly influenced the development of the healthcare information systems market. The region's increased adoption of digital technologies, coupled with growing investments in the construction of smart hospitals, are key causes of the North America market.

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Global Healthcare Information Systems Market

Report ID: SQMIG35G2125

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