Healthcare Information System Market Size, Share, Growth, Trends, Analysis and Forecast - 2031

by faraz pathan on Dec 20, 2024 Business 207 Views

The global healthcare information system market is anticipated to grow at a CAGR of 10% during the forecast period (2024-2031). The healthcare facilities such as hospitals, diagnostic centers as well as clinics are significantly adopting clinical decision support systems, electronic health records (EHRs), and other systems to minimize medication prescription errors along with adverse drug events monitoring and other medical errors. The major factor driving the growth of the global healthcare information system during the forecast period is the increasing adoption of EHR systems across the globe. According to HealthIT.gov, between 2019 and 2021, 86% of non-Federal general acute care hospitals had adopted a 2015 Edition certified electronic health record (EHR). Additionally, only 40% of rehabilitation hospitals and 23% of specialty hospitals had adopted a 2015 Edition certified EHR. Moreover, the increasing prevalence of chronic diseases is driving the growth of the market. According to the Centers for Disease Control and Prevention (CDC), 129 million, or 51.8% of noninstitutionalized adults had been diagnosed with at least 1 of 10 selected chronic conditions. Additionally, 24.6% (61 million) of adults had 1 chronic condition, and 27.2% (68 million) had equal or more than 2 chronic conditions. Furthermore, as per American Action Forum, the total cost of chronic disease in the US reaches $3.7 trillion each year which is almost 19.6% of the country’s gross domestic product (GDP).

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Market Coverage

Segment Covered- 

  • By Deployment Type
  • By Application
  • By End-User

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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Competitive Landscape- Allscripts Healthcare Solutions, Inc., Cerner Corp., Nextgen Healthcare, Inc., Mckesson Corp., and Agfa-Gevaert NV, among others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?

Deviation from the pre-COVID-19 forecast

Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Healthcare Information System Market Report by Segment

By Deployment Type

  • On-Premises
  • Cloud-Based

By Application

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

By End-User

  • Hospitals
  • Diagnostic Center

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