Reliable Data You Can Trust
Reliable Data You Can Trust
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.
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.
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.
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.
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.
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.
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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