Global Healthcare Information System Market Analysis and Forecast 2019-2028
Market Introduction
The global healthcare information system (HIS) market is estimated to grow at a CAGR of around 10% during the forecast period. The market growth is attributed to the increasing use of IT solutions in the healthcare industry. Patient-centered care management, population health management, and point-of-care solutions assist healthcare providers in cutting down healthcare expenditures and improving outcomes. Technological advancements in the healthcare IT landscape, such as the use of IoT, and AI is one of the major factors driving the market growth. Furthermore, the increased usage of electronic health record (EHR) systems is likely to propel market growth in the coming years. However, the high costs of deploying HCIT systems for small and medium-sized hospitals, as well as resistance from traditional healthcare providers and IT infrastructure limits in emerging economies, may stymie industry expansion. The rise in security and interoperability concerns will pose a hindrance to the healthcare IT business.
Market Segmentation
The global HIS market is analyzed on the basis of components, deployment, application, end user, and region. Based on components, the market is divided into software and services. Based on the deployment, the market is categorized into on-premise and cloud-based. Cloud-based is expected to witness a substantial growth rate over the forecast period. On the basis of application, the market is segmented into Hospital Information systems, Pharmacy Imaging Information systems, Laboratory Information Systems, and Others (Revenue Cycle Management, etc.). The hospital information system segment is projected to contribute a significant share in the market during the forecast period. The segmental growth of the market is attributed to the increase in the number of hospitals and healthcare centers across the globe coupled with the rising adoption of IT solutions in the industry.
The hospital information system is further sub-segmented into Electronic Health Record, Electronic Medical Record, Real-time Healthcare, Patient Engagement Solution, and Population Health Management. Pharmacy information system is sub-segmented into Medication Dispensing System, Packaging & Labeling Systems, Storage & Retrieval System, Automated Medication Compounding System, and Tabletop Tablet Counters. Medical imaging information system is further analyzed into Radiology Information Systems, Monitoring Analysis Software, and Picture Archiving and Communication Systems. Based on the end user, the market is segmented into Hospitals, Diagnostic Centers, and Academic & Research Institutes.
Market Structure and Competitive Landscape
The global HIS market is fragmented and highly competitive. Various IT firms and healthcare institutions have recently increased their collaboration to focus on producing high-utility services and solutions to better-individualized care delivery, data storage efficiency, and data analytics effectiveness. Many companies are also investing in start-ups that will complement their existing product lines. Major players operating in the global HIS market include Allscripts Healthcare Solutions Inc., athenahealth Inc., Agfa Gevaert Group, eClinicalWorks, Philips Healthcare, Hewlett Packard, McKesson Corp., GE Healthcare, Cerner Corp., Epic Systems Corp., Carestream Health, Novarad Corp., e-MDs Inc., Medidata Solutions Inc., Siemens Healthineers, NextGen Healthcare Inc., Ada Health GmbH, SWORD Health, Oracle Corp., and Infor among others. Some of the recent developments observed in the industry include,
• In January 2020, NXGN Management, LLC announced the formation of an exclusive relationship with Doctible to be able to link its service with the NextGen Office cloud-based EHR (Electronic Health Record) and PM (Practice Management) systems and help small companies maintain loyalty, encourage growth and provide better patient care as a result of this agreement.
• in June 2019, Allscripts Healthcare Solutions Inc. purchased digital specialty prescription start-up ZapRx to enhance its portfolio. This new purchase enabled the company's Veradgim platform to integrate with a cloud-based platform. The company's Veradigm unit is already engaged in providing services to a range of healthcare stakeholders by integrating software analytics, reporting, and workflow tools. This purchase will enable Veradigm to add the new specification to its product portfolio in the near future.
Global Healthcare Information System Market Analysis and Forecast 2019-2028 Table of Contents 1. Market Introduction 1.1. Scope of Study 1.2. Problem Statement 1.3. Market Segmentation 2. Assumptions and Acronyms 3. Executive Summary 3.1. Global Market in 2022 3.2. Analyst Insights & Recommendations 3.3. Growth Opportunities and Key Strategies 3.4. Supply-side and Demand-side Trends 4. Research Methodology 5. Analysis of COVID-19 Impact and Road Ahead 5.1. Impact on Growth Strategies 5.2. Impact on Operations and Supply Chain 5.3. Impact on Product Launch Plans 5.4. Impact on R&D Spendings 6. Market Indicators and Background 6.1. Macro-Economic Factors 6.2. Forecasting Factors Robust assessment of various factors including industrial performance, industry players' expenditures, economic conditions, among others 6.3. Supply Chain & Value Chain Analysis 6.3.1. Healthcare Industries 6.3.2. Key End-Users 6.4. Industry SWOT Analysis 6.5. PESTLE Analysis 6.6. Porter's Five Forces Analysis 7. Rules & Regulations 8. Global and Regional Market Dynamics 8.1. Drivers 8.2. Restraints 8.3. Trends 8.4. Opportunities 9. Global Healthcare Information System: Key Investment Analysis 9.1. By Leading Healthcare Companies 9.2. By Region 9.3. M&A Activities Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and key end-use sector 10. Market Spending & Use Case Analysis 10.1. By Leading Players 10.2. By Leading Hospitals 10.3. By Region 11. Parent Market Overview 11.1. Global Healthcare Market 11.2. Global Healthcare IT Market 12. Segmental Analysis 12.1. Global Healthcare Information System Market by Components 12.1.1. Segment Overview 12.1.1.1. Services 12.1.1.2. Software 12.2. Global Healthcare Information System Market by Deployment 12.2.1. Segment Overview 12.2.1.1. On-Premise 12.2.1.2. Cloud-Based 12.3. Global Healthcare Information System Market by Application 12.3.1. Segmental Overview 12.3.1.1. Hospital Information System 12.3.1.1.1. Electronic Health Record 12.3.1.1.2. Electronic Medical Record 12.3.1.1.3. Real-time Healthcare 12.3.1.1.4. Patient Engagement Solution 12.3.1.1.5. Population Health Management 12.3.1.2. Pharmacy Information Systems 12.3.1.2.1. Medication Dispensing System 12.3.1.2.2. Packaging & Labeling System 12.3.1.2.3. Storage & Retrieval System 12.3.1.2.4. Automated Medication Compounding System 12.3.1.2.5. Tabletop Tablet Counters 12.3.1.3. Medical Imaging Information System 12.3.1.3.1. Radiology Information Systems 12.3.1.3.2. Monitoring Analysis Software 12.3.1.3.3. Picture Archiving and Communication Systems 12.3.1.4. Laboratory Information Systems 12.3.1.5. Others (Revenue Cycle Management, etc.) 12.4. Global Healthcare Information System Market by End User 12.4.1. Segmental Overview 12.4.1.1. Hospital 12.4.1.2. Diagnostic Centers 12.4.1.3. Academic & Research Institutes 13. Regional Analysis 13.1. North America Healthcare Information System Market Analysis and Forecast 2019-2028 13.1.1. Regional Market Overview and Key Takeaways 13.1.2. North America Healthcare Information System Market by Components 13.1.3. North America Healthcare Information System Market by Deployment 13.1.4. North America Healthcare Information System Market by Application 13.1.5. North America Healthcare Information System Market by End User 13.1.6. North America Healthcare Information System Market by Country 13.1.6.1. US 13.1.6.2. Canada 13.2. Latin America Healthcare Information System Market Analysis and Forecast 2019-2028 13.2.1. Regional Market Overview and Key Takeaways 13.2.2. Latin America Healthcare Information System Market by Components 13.2.3. Latin America Healthcare Information System Market by Deployment 13.2.4. Latin America Healthcare Information System Market by Applications 13.2.5. Latin America Healthcare Information System Market by End User 13.2.6. Latin America Healthcare Information System Market by Country 13.2.6.1. Brazil 13.2.6.2. Mexico 13.2.6.3. Rest of Latin America 13.3. Western Europe Healthcare Information System Market Analysis and Forecast 2019-2028 13.3.1. Regional Market Overview and Key Takeaways 13.3.2. Western Europe Healthcare Information System Market by Components 13.3.3. Western Europe Healthcare Information System Market by Deployment 13.3.4. Western Europe Healthcare Information System Market by Applications 13.3.5. Western Europe Healthcare Information System Market by End User 13.3.6. Western Europe Healthcare Information System Market by Country 13.3.6.1. Germany 13.3.6.2. UK 13.3.6.3. France 13.3.6.4. Spain 13.3.6.5. Italy 13.3.6.6. Benelux 13.3.6.7. Nordic 13.3.6.8. Rest of Western Europe 13.4. Eastern Europe Healthcare Information System Market Analysis and Forecast 2019-2028 13.4.1. Regional Market Overview and Key Takeaways 13.4.2. Eastern Europe Healthcare Information System Market by Components 13.4.3. Eastern Europe Healthcare Information System Market by Deployment 13.4.4. Eastern Europe Healthcare Information System Market by Applications 13.4.5. Eastern Europe Healthcare Information System Market by End User 13.4.6. Eastern Europe Healthcare Information System Market by Country 13.4.6.1. Russia 13.4.6.2. Poland 13.4.6.3. Rest of Eastern Europe 13.5. Asia Pacific Healthcare Information System Market Analysis and Forecast 2019-2028 13.5.1. Regional Market Overview and Key Takeaways 13.5.2. Asia Pacific Healthcare Information System Market by Components 13.5.3. Asia Pacific Healthcare Information System Market by Deployment 13.5.4. Asia Pacific Healthcare Information System Market by Applications 13.5.5. Asia Pacific Healthcare Information System Market by End User 13.5.6. Asia Pacific Healthcare Information System Market by Country 13.5.6.1. China 13.5.6.2. Japan 13.5.6.3. India 13.5.6.4. South Korea 13.5.6.5. Australia 13.5.6.6. ASEAN 13.5.6.7. Rest of Asia-Pacific 13.6. Middle East & Africa Healthcare Information System Market Analysis and Forecast 2019-2028 13.6.1. Regional Market Overview and Key Takeaways 13.6.2. Middle East & Africa Healthcare Information System Market by Components 13.6.3. Middle East & Africa Healthcare Information System Market by Deployment 13.6.4. Middle East & Africa Healthcare Information System Market by Applications 13.6.5. Middle East & Africa Healthcare Information System Market by End User 13.6.6. Middle East & Africa Healthcare Information System Market by Country 13.6.6.1. GCC 13.6.6.2. South Africa 13.6.6.3. Turkey 13.6.6.4. Rest of the Middle East & Africa 14. Competitive Landscape 14.1. Competition Dashboard 14.1.1. Global and Regional Market Share Analysis 14.1.2. Market Structure 14.2. Competitive Benchmarking 14.3. Key Strategy Analysis 14.4. Company Profiles 14.4.1. Allscripts Healthcare Solutions, Inc. 14.4.1.1. Company Overview 14.4.1.2. Product/Service Offerings 14.4.1.3. Key Financials 14.4.1.4. Recent Developments 14.4.2. athenahealth Inc. 14.4.2.1. Company Overview 14.4.2.2. Product/Service Offerings 14.4.2.3. Key Financials 14.4.2.4. Recent Developments 14.4.3. Agfa Gevaert Group 14.4.3.1. Company Overview 14.4.3.2. Product/Service Offerings 14.4.3.3. Key Financials 14.4.3.4. Recent Developments 14.4.4. eClinicalWorks 14.4.4.1. Company Overview 14.4.4.2. Product/Service Offerings 14.4.4.3. Financials 14.4.4.4. Recent Developments 14.4.5. Philips Healthcare 14.4.5.1. Company Overview 14.4.5.2. Product/Service Offerings 14.4.5.3. Financials 14.4.5.4. Recent Developments 14.4.6. Hewlett Packard 14.4.6.1. Company Overview 14.4.6.2. Product/Service Offerings 14.4.6.3. Financials 14.4.6.4. Recent Developments 14.4.7. McKesson Corp. 14.4.7.1. Company Overview 14.4.7.2. Product/Service Offerings 14.4.7.3. Financials 14.4.7.4. Recent Developments 14.4.8. GE Healthcare 14.4.8.1. Company Overview 14.4.8.2. Product/Service Offerings 14.4.8.3. Financials 14.4.8.4. Recent Developments 14.4.9. Cerner Corp. 14.4.9.1. Company Overview 14.4.9.2. Product/Service Offerings 14.4.9.3. Financials 14.4.9.4. Recent Developments 14.4.10. Epic Systems Corp. 14.4.10.1. Company Overview 14.4.10.2. Product/Service Offerings 14.4.10.3. Financials 14.4.10.4. Recent Developments 14.4.11. Carestream Health 14.4.11.1. Company Overview 14.4.11.2. Product/Service Offerings 14.4.11.3. Financials 14.4.11.4. Recent Developments 14.4.12. Novarad Corp. 14.4.12.1. Company Overview 14.4.12.2. Product/Service Offerings 14.4.12.3. Financials 14.4.12.4. Recent Developments 14.4.13. e-MDs Inc. 14.4.13.1. Company Overview 14.4.13.2. Product/Service Offerings 14.4.13.3. Financials 14.4.13.4. Recent Developments 14.4.14. Medidata Solutions Inc. 14.4.14.1. Company Overview 14.4.14.2. Product/Service Offerings 14.4.14.3. Financials 14.4.14.4. Recent Developments 14.4.15. Siemens Healthineers 14.4.15.1. Company Overview 14.4.15.2. Product/Service Offerings 14.4.15.3. Financials 14.4.15.4. Recent Developments 14.4.16. NextGen Healthcare Inc. 14.4.16.1. Company Overview 14.4.16.2. Product/Service Offerings 14.4.16.3. Financials 14.4.16.4. Recent Developments 14.4.17. Ada Health GmbH 14.4.17.1. Company Overview 14.4.17.2. Product/Service Offerings 14.4.17.3. Financials 14.4.17.4. Recent Developments 14.4.18. SWORD Health 14.4.18.1. Company Overview 14.4.18.2. Product/Service Offerings 14.4.18.3. Financials 14.4.18.4. Recent Developments 14.4.19. Oracle Corp. 14.4.19.1. Company Overview 14.4.19.2. Product/Service Offerings 14.4.19.3. Financials 14.4.19.4. Recent Developments 14.4.20. Infor 14.4.20.1. Company Overview 14.4.20.2. Product/Service Offerings 14.4.20.3. Financials 14.4.20.4. Recent Developments *List not exhaustive (Players can be added or replaced as per the customization). 15. Disclaimer
Global Healthcare Information System (HIS) Market List of Figures Figure 01: Global Healthcare Information System (HIS) Market Value Analysis (US$ Mn), 2019-2021 Figure 02: Global Healthcare Information System (HIS) Market Size (US$ Mn) & Y-o-Y Growth (%) Analysis, 2022-2028 Figure 03: Global Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Component, 2022 & 2028 Figure 04: Global Healthcare Information System (HIS) Market Y-o-Y Analysis (%) by Component, 2022-2028 Figure 05: Global Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Deployment, 2022 & 2028 Figure 06: Global Healthcare Information System (HIS) Market Y-o-Y Analysis (%) by Deployment, 2022-2028 Figure 07: Global Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Application, 2022 & 2028 Figure 08: Global Healthcare Information System (HIS) Market Y-o-Y Analysis (%) by Application, 2022-2028 Figure 09: Global Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by End User, 2022 & 2028 Figure 10: Global Healthcare Information System (HIS) Market Y-o-Y Analysis (%) by End User, 2022-2028 Figure 11: Global Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Region, 2022 & 2028 Figure 12: Global Healthcare Information System (HIS) Market Y-o-Y Growth (%) by Region, 2022-2028 Figure 13: North America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Component, 2022 & 2028 Figure 14: North America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Deployment, 2022 & 2028 Figure 15: North America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Application, 2022 & 2028 Figure 16: North America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by End User, 2022 & 2028 Figure 17: North America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 18: Latin America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Component, 2022 & 2028 Figure 19: Latin America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Deployment, 2022 & 2028 Figure 20: Latin America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Application, 2022 & 2028 Figure 21: Latin America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by End User, 2022 & 2028 Figure 22: Latin America Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 23: Western Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Component, 2022 & 2028 Figure 24: Western Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Deployment, 2022 & 2028 Figure 25: Western Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Application, 2022 & 2028 Figure 26: Western Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by End User, 2022 & 2028 Figure 27: Western Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 28: Eastern Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Component, 2022 & 2028 Figure 29: Eastern Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Deployment, 2022 & 2028 Figure 30: Eastern Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Application, 2022 & 2028 Figure 31: Eastern Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by End User, 2022 & 2028 Figure 32: Eastern Europe Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 33: Asia Pacific Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Component, 2022 & 2028 Figure 34: Asia Pacific Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Deployment, 2022 & 2028 Figure 35: Asia Pacific Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Application, 2022 & 2028 Figure 36: Asia Pacific Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by End User, 2022 & 2028 Figure 37: Asia Pacific Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Country, 2022 & 2028 Figure 38: Middle East & Africa Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Component, 2022 & 2028 Figure 39: Middle East & Africa Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Deployment, 2022 & 2028 Figure 40: Middle East & Africa Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Application, 2022 & 2028 Figure 41: Middle East & Africa Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by End User, 2022 & 2028 Figure 42: Middle East & Africa Healthcare Information System (HIS) Market Size and Market Share Analysis (%) by Country, 2022 & 2028 List of Tables Table 1: Global Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Component Table 2: Global Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Deployment Table 3: Global Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Application Table 4: Global Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 5: Global Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Region Table 6: North America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Component Table 7: North America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Deployment Table 8: North America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Application Table 9: North America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 10: North America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 11: Latin America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Component Table 12: Latin America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Deployment Table 13: Latin America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Application Table 14: Latin America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 15: Latin America Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 16: Western Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Component Table 17: Western Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Deployment Table 18: Western Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Application Table 19: Western Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 20: Western Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 21: Eastern Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Component Table 22: Eastern Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Deployment Table 23: Eastern Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Application Table 24: Eastern Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End user Table 25: Eastern Europe Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 26: Asia Pacific Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Component Table 27: Asia Pacific Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Deployment Table 28: Asia Pacific Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Application Table 29: Asia Pacific Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 30: Asia Pacific Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country Table 31: Middle East & Africa Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Component Table 32: Middle East & Africa Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Deployment Table 33: Middle East & Africa Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Application Table 34: Middle East & Africa Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End User Table 35: Middle East & Africa Healthcare Information System (HIS) Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Publisher: RationalStat
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