Healthcare Information System Market

20 May


Healthcare Information System Market Poised to Grow at a CAGR of 11.4% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Healthcare Information System Market. The report presents analysis of global as well as regional markets of healthcare information system market over the period of 2016 to 2024.


Healthcare information system are 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 healthcare sector. This system supports and provides information and communication systems that helps quality patient care. The healthcare information technology is the information technology used in the healthcare to enhance the safety, effectiveness and efficiency of the system, prevent medical error and reduce the healthcare cost. According to 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 large amount of healthcare information of patients for quickly studying patients medical history is the key factor driving the growth of healthcare information system market. In addition increasing healthcare IT innovation such as development of mobile application that facilitate the easy exchange of healthcare information between physician and patients and growing the government funding for healthcare is propelling the growth of market. Moreover, Surging Demand for Telehealth and mHealth solutions from the large number of smartphone users is also facilitating growth in this market. Furthermore, the increasing prevalence of chronic diseases coupled with growing aging population is expected to have the positive impact on the healthcare information system. However, the high maintenance and service cost may restrain the market growth. Going forward, growing uses of information system in healthcare will have led healthcare information system throughout the healthcare industry. Uptake of electronic system such as electronic health record or electronic medical record  and technological advancement are also create growth opportunities for the healthcare information system market in 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 North America region. In addition growing awareness regarding the benefits of healthcare information system and growing government funding for improving healthcare sector are fueling the growth of this market in North America region. On other hand, Asia pacific region is anticipated to grow at the highest CAGR in healthcare information system market over the upcoming years.


Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global healthcare information system market but also make strategic decisions to capture the most lucrative markets in the near future.


The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global healthcare information system market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the healthcare information system market worldwide.


The report segments the global healthcare information system market on the basis of Application, Component, Deployment and End User.


Global Healthcare Information System Market by Application

·         Hospital Information Systems

o    Electronic Health Record

o    Electronic Medical Record

o    Real-time Healthcare

o    Patient Engagement Solutions 

o    Population health management

o    Others

·         Pharmacy Information Systems

o    Prescription Management

o    Automated Dispensing Systems

o    Inventory Management

·         Laboratory Information Systems

·         Medical Imaging Information System

o    Radiology information systems

o    Monitoring Analysis Software

o    Picture Archiving & Communication Systems

·         Revenue Cycle Management


Global Healthcare Information System Market by Component

·         Hardware

·         Software

·         Services


Global Healthcare Information System Market by Deployment

·         Web Based

·         On Premise

·         Cloud Based


Global Healthcare Information System Market by End User

·         Hospitals

·         Diagnostic Centers

·         Research & Academic Institutes

·         Others


Companies Profiled in the Report

·         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

·         Siemens Healthineers


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.