Healthcare Information Systems Market Demand Forecast, Growth Drivers, Business | 2027

Overview

The healthcare information systems market is projected to grow at a CAGR of 10.0% during the forecast period 2018 to 2023. As per the healthcare information systems market research report, the global market for healthcare information systems is projected to grow swiftly. According to analysts, increasing cost of healthcare as well as increasing geriatric population will drive the market growth during the forecast period. The healthcare information systems market research report offers a comprehensive analysis of the global healthcare information systems market and its deployment, components, end-users, and type segments. The low per capita income along with poor economic conditions in certain regions are the elements that could influence the healthcare information systems market advancement throughout the forecast period 2018 to 2023. The healthcare information systems market research report by expert analysts is developed to assist organizations in the healthcare information systems market.

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Market Segmentation

The global healthcare information systems market is segmented based on type, components, deployment, end user, and region.

On the basis of type, the market is segmented into hospital information systems, pharmacy information systems, laboratory information systems, medical imaging information system, revenue cycle management. The hospital information systems segment is sub-segmented into electronic health record, electronic medical record, real-time healthcare, patient engagement solutions, population health management and others. The pharmacy information systems segment is sub-segmented into prescription management, automated dispensing systems, inventory management and others. The medical imaging information System is sub-segmented into radiology information systems, monitoring analysis software, picture archiving & communication systems and others. Based on components, the market is divided into two, i.e., Software and Hardware. Based on deployment, the market is divided into web-based, on premise and cloud-based. By end user, the market is divided into hospitals, diagnostics centre, academic and research institution, and others. On the basis of region, the market is segmented into the Americas, Europe, Asia Pacific and the Middle East & Africa.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for healthcare information systems are predominantly covered in the global healthcare information systems market research report. Country-level healthcare information systems markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level healthcare information systems markets are covered in the report. In Asia-Pacific (APAC) region, the country-level healthcare information systems markets covered are Japan, India, China, and others. The healthcare information systems market research report also explores the regional market for healthcare information systems present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The healthcare information systems market research report also covers regional markets from the rest of the world alongside healthcare information systems markets of Africa and the Middle East.

Competitive Landscape

Growing usage of digital healthcare infrastructure and enhanced efficiency of services are presumed to drive the healthcare information systems market growth worldwide. The global healthcare information systems market could be challenged by infrastructure based limitations, nevertheless, organizations in the healthcare information systems market will carry the growth rate forward. The healthcare information systems market research report presents company profiles of major companies active in the healthcare information systems market globally. Furthermore, the global healthcare information systems market report offers an all-inclusive analysis of the market collected from the healthcare information systems market’s primary and secondary sources covering both decision makers and thought leaders. The healthcare information systems market research report highlights such key areas assisting businesses operating in the healthcare information systems market to build better growth strategies.

Industry News

Despite a protest against a local non-profit, which provides approximately $30 million less and federal worries that the move could advertise public healthcare in the state, the Oklahoma Health Care Authority has approved the contract with a multinational software firm to share health information. A protest against the organization was lodged on 11 January by the Tulsa-based MyHealth Access Network calling the offering procedure "heavily flawed" as well as "arbitrary."

Major Players: 

Players leading the global HIS market include Agfa-Gevaert N.V., Allscripts Healthcare Solutions Inc., Athenahealth Inc., Carestream Health, Cerner Corporation, GE Healthcare, McKesson Corporation, Medidata Solutions Inc., NextGen Healthcare, Philips Healthcare, and Siemens Healthineers, among others.

Industry/Innovation/Related News: 

September 16, 2019 ----- 3M Health Information Systems Inc. (the US), a leading global provider of computer programming services, introduced 3M™ M*Modal CDI Engage One™, a technology breakthrough that can deliver real-time clinical insight to clinicians, clinical documentation improvement (CDI) specialists, and coding teams.

The new software is resulting from 3M’s acquisition of M*Modal in February 2019. It brings the power of 3M and advanced artificial intelligence (AI) & natural language understanding (NLU) technology of M*Modal. The advanced AI tools streamline document creation, assisting physicians in capturing the complete and accurate patient story, which helps drive better quality outcomes data and improved revenue integrity, giving physicians more time to care for patients.

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