Healthcare Information System Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing adoption of advanced technologies in healthcare facilities, and rising demand for cloud-based systems are some factors driving the growth of the market.
Global Healthcare Information System Market is valued at USD 95.46 Billion in 2018 and expected to reach USD 158.89 Billion by 2025 with the CAGR of 7.55% over the forecast period.
Scope of Global Healthcare Information System Market Report–
Healthcare information system is a computer aided system that organizes, stores and double checks all the medical information of patient. This system is designed to provide and improve clinical quality and care for each patient every time. Healthcare IT system replaces the paper chart such as patient health history, prescriptions, doctor’s notes and dictation and all other information of patient in the form of electronically preserved data. It reduces the chance of errors because it is required to enter the accurate information of patient. These are used in several methods such as electronic medical records (EMR), computerized physicians order entry, laboratory information systems, pharmacy information systems, radiology information systems, and PACS. Clinical information system also eases healthcare organizations to participate in health information exchanges (HIEs) to share patient data between health systems.
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Global healthcare information system market report is segmented on the basis of product type, delivery mode, type, end-user and regional & country level. Based on product type, global healthcare information system market is classified as computerized physician order entry (CPOE) system, laboratory information system (LIS), radiology information system (RIS), pharmacy information system (PIS), picture archiving and communication system (PACS), and electronic medical records (EMR) System. Based upon delivery mode, global healthcare information system market is classified into on-premises and cloud based. Based upon type, global healthcare information system market is classified into hardware, software, and services. Based upon end-user, global healthcare information system market is classified into hospital, outpatient/outside hospital and business office.
The regions covered in this healthcare information system market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of healthcare information system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Healthcare Information System Market Report-
Global healthcare information system market report covers prominent players like Optum, Cerner, Cognizant, Change Healthcare, Philips Healthcare, Epic Systems, Dell Technologies, Allscripts, GE Healthcare, IBM, Athenahealth, Oracle Corporation, Conduent, Infor, Tata Consultancy Services, Wipro Limited, Conifer Health, Nuance, 3M, Inovalon, InterSystems, Leidos, Softheon, Omnicell, Ciox Health, and others.
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Philips Cares Digitizes the Aging and Caregiving Experience
January 7th, 2019; Royal Philips, a global leader in health technology, launched Philips Cares in the U.S. to help family caregivers be there for their aging loved ones, easing and enriching their aging journey by leveraging digital technology. Philips Cares Aging & Caregiving service is a digital experience which enables people to easily form and activate a care circle of trusted family and friends, access meaningful insights into their loved one’s wellbeing and receive notifications about care.
Global Healthcare Information System Market Dynamics–
Increasing use of electronic health record system by the healthcare providers have attributed massively towards the growth of healthcare information system market. The basic electronic health record adoption rate was increased by 11% in 2015 from the year 2014. However, lack of qualified and skilled professionals and high expenses of maintenance and services and issues related with interoperability are the factors which are hampering the market growth of global healthcare information systems. Moreover, Uptake of electronic systems such as electronic health record or electronic medical record and technological advancement are also, creates growth opportunities for the healthcare information system market in the forecast period.
Global Healthcare Information System Market Regional Analysis–
North America dominates the healthcare information system market due to public sector spending, specifically by Medicare and Medicaid and robust demand for high quality diagnostics system. According to Centers for Medicare & Medicaid Services (CMS), the US National health expenditures represent approximately 18% of the GDP (Gross Domestic Product), which is expected to reach roughly 20%, by 2020. Europe holds the second position in the market. Germany, France, Netherlands, Spain and the U.K. are estimated to account for a major share of the Western Europe healthcare information system market over the forecast period.
Asia-Pacific has a huge market potential for healthcare information system. India and China are some of the rapidly growing countries, followed by South Korea. Consequently, the government in these rapidly developing economies has taken various efforts to improve healthcare services and provide better infrastructure.
Key Benefits for Global Healthcare Information System Market Report–
Global Healthcare Information System Market report covers in depth historical and forecast analysis.
Global Healthcare Information System Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Healthcare Information System Market report helps to identify opportunities in market place.
Global Healthcare Information System Market report covers extensive analysis of emerging trends and competitive landscape.
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Global Healthcare Information System Market Segmentation:–
By Product Type:
Computerized Physician Order Entry (CPOE) system
Laboratory Information System (LIS)
Radiology Information System (RIS)
Pharmacy Information System (PIS)
Picture Archiving and Communication System (PACS)
Electronic Medical Records (EMR) System
By Delivery Mode:
By Regional & Country Analysis:
The Middle East and Africa
Rest of Middle East and Africa
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Healthcare Information System Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Healthcare Information System Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Healthcare Information System Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
10. Chapter – Company Profiles
10.1. McKesson Corporation
10.1.3. Product portfolio
10.1.4. FBC Industries, Inc. Total Company Sales 2015-2025
10.1.5. FBC Industries, Inc. Total Company Sales, By Segment of Business 2015-2025
10.1.6. FBC Industries, Inc. Total Company Sales, By Region 2015-2025
10.1.7. Business strategy
10.1.8. Recent developments
10.2. Cerner Corporation
10.3. Athenahealth, Inc.
10.4. GE Healthcare
10.5. Siemens Healthineers
10.6. Allscripts; Medidata Solutions Inc.
10.7. NextGen Healthcare
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