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Healthcare Information Systems Market 2021 Growth by Opportunities, Application, Current Trend and Forecast by 2030

The global Healthcare Information Systems market size is expected to be worth around US$ 269.2billion by 2030, according to a new report by Vision Research Reports.

The global Healthcare Information Systems market size was valued at US$ 100.6 billion in 2020 and is anticipated to grow at a CAGR of 10.7% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size USD 269.2 billion by 2030
Growth Rate CAGR of 10.7% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Application, Deployment, Component, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned McKesson Corporation; Cerner Corporation; athenahealth, Inc.; Allscripts; Medidata Solutions Inc.; Agfa Gevaert NV; GE Healthcare; Siemens Healthineers; Epic Systems Corporation; NextGen Healthcare

Growth Factors

The market is majorly driven by an increase in the adoption of advanced technologies in healthcare facilities. Growing usage of digital healthcare infrastructure, which helps in collecting and managing information generated by hospitals, clinics, and institutes, has enhanced the efficiency and effectiveness of their services. Furthermore, an increase in the number of patients suffering from chronic diseases and rising demand for cloud-based systems are expected to boost the market in the forecast period.

Potential opportunities for IT in healthcare in applications such as reducing operating costs incurred while record-keeping and meeting regulatory standards for privacy, as well as efficient hospital workflow management, are among other factors driving uptake. Furthermore, it is expected that these systems will, in the long run, save money and allow organizations to earn significant profits.

Growing demand for radiology information systems in diagnostic procedures has propelled the healthcare information systems market. The sophisticated database system allows medical professionals to track massive image files produced during the course of diagnosis and treatment.

Key Players

Philips Healthcare; NextGen Healthcare; Carestream Health; Cerner Corporation; GE Healthcare; McKesson Corporation; Athenahealth, Inc.; Allscripts; Medidata Solutions Inc.; Siemens Healthineers

Market Segmentation

  • By Application Outlook
    • Hospital
      • Electronic health record
      • Electronic medical record
      • Real-time healthcare
      • Patient engagement solution
      • Population health management
    • Pharmacy
      • Prescription management
      • Automated dispensing systems
      • Inventory management
      • Others
    • Laboratory
    • Revenue Cycle Management
    • Medical Imaging
      • Radiology
      • Monitoring analysis software
      • Picture archiving and communication systems
  • By Deployment Outlook
    • Web-based
    • On-premise
    • Cloud-based
  • By Component Outlook
    • Hardware
    • Software and Systems
    • Services
  • By End-Use Outlook
    • Hospitals
    • Diagnostic Centers
    • Academic and Research Institutes
  • Regional Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • Germany
      • The U.K.
      • France
      • Russia
      • Italy
      • Spain
      • Netherlands
      • Sweden
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
      • Singapore
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • South Africa
      • Saudi Arabia

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