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Healthcare Information System Market (Application - Hospital Information Systems, Pharmacy Information Systems, Laboratory Information Systems, Medical Imaging Information System, and Revenue Cycle Management; Component - Hardware, Software, and Services; Deployment - Web Based, On-premise, and Cloud Based; End User - Hospitals, Diagnostic Centers, Research & Academic Institutes, and Others): Global Industry Analysis, Trends, Market Size and Forecasts to 2024

  • Published : July, 2018

  • Rep Id : HC0331

  • Category : Healthcare & Medical Devices

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Healthcare Information System Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Healthcare Information System Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Healthcare Information System Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on healthcare information system market provides an in-depth analysis of segments and sub-segments in global as well as regional healthcare information system market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional healthcare information system market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global healthcare information system market. According to the report the global healthcare information system market is projected to grow at a CAGR of 11.4% over the forecast period of 2018-2024.

 

Market insight

Healthcare information system is used for managing, capturing, storing and transmitting tremendous volume of information related to the health of individuals. Healthcare information system plays a vital role in the healthcare sector. This system supports and provides information and communication systems that help quality patient care. The healthcare information technology is the information technology used in healthcare to enhance the safety, effectiveness, and efficiency of the system, prevent medical error and reduce the healthcare cost. According to the world health organization, The HMN health information system assessment brings together country users and producers of health data to assess the strengths and weaknesses of the national health information system.

 

The factor such as storing a large amount of healthcare information of patients for quickly studying patients medical history is the key factor driving the growth of the healthcare information system market. In addition, increasing healthcare IT innovation such as the development of the mobile application that facilitates the easy exchange of healthcare information between physician and patients and growing the government funding for healthcare is propelling the growth of the market. Moreover, surging demand for telehealth and mHealth solutions from a large number of smartphone users is also facilitating growth in this market. Furthermore, the increasing prevalence of chronic diseases coupled with the growing aging population is expected to have a positive impact on the healthcare information system. However, high maintenance and service cost may restrain market growth. Going forward, growing uses of information system in healthcare will have led healthcare information system throughout the healthcare industry. Uptake of electronic systems such as electronic health record or electronic medical record and technological advancement are also, create growth opportunities for the healthcare information system market in the near future.

 

Among the geographies, North America dominates the healthcare information system market followed by Europe. Increase adoption of healthcare information system and increasing incidence of chronic diseases such as pneumococcal disease, cancer, Influenza are driving factors of this market in the North America region. In addition, growing awareness regarding the benefits of healthcare information system and growing government funding for improving the healthcare sector are fueling the growth of this market in the North America region. On the other hand, the Asia-Pacific region is anticipated to grow at the highest CAGR in the healthcare information system market over the upcoming years.

 

Segment Covered

The report on global healthcare information system market covers segments such as application, component, deployment and end user. On the basis of application, the global healthcare information system market is categorized into hospital information systems, pharmacy information systems, laboratory information systems, medical imaging information system, and revenue cycle management. On the basis of component the global healthcare information system market is categorized into hardware, software, and services. On the basis of deployment, the global healthcare information system market is categorized into web based, on-premise and cloud based. On the basis of end user the global healthcare information system market is categorized into hospitals, diagnostic centers, research & academic institutes and others.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and Rest of Europe are included in the European region. 


Healthcare Information System Market


The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global healthcare information system market such as Allscripts Healthcare Solutions, Inc., Athenahealth, Inc., Agfa-Gevaert N.V., Cerner Corporation, Epic Systems Corporation, GE Healthcare, Medidata Solutions, Inc., McKesson Corporation, NextGen Healthcare Information Systems, LLC and Siemens Healthineers.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global healthcare information system market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of healthcare information system market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the healthcare information system market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the healthcare information system market to understand the present and future trends in this market and formulate their strategies accordingly.


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