Hospital Information System Market Size, Share | Report 2023-2032
The global hospital information system market was estimated at USD 115.08 billion in 2022 and it is expected to surpass around USD 573.84 billion by 2032, poised to grow at a CAGR of 17.43% from 2023 to 2032.
Key Pointers
| Report Coverage | Details |
| Market Size in 2022 | USD 115.08 billion |
| Revenue Forecast by 2032 | USD 573.84 billion |
| Growth rate from 2023 to 2032 | CAGR of 17.43% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Regions Covered | Carestream Health; Siemens Healthineers; McKesson Corp.; Philips Healthcare; Merge Healthcare Inc. (IBM); GE Healthcare; Cerner Corp. (Oracle); Allscripts; NextGen Healthcare |
Hospital Information Systems (HIS) help healthcare facilities to improve their operational outcomes and reduce the workload on the staff, which is expected to boost industry growth. Various initiatives undertaken by governments across the globe and rising demand for the deployment of advanced IT solutions in hospitals for enhanced operational efficiency are some of the key factors that are expected to boost the adoption of HIS. The need to curb healthcare expenditures due to hospital workflow inefficiencies is also anticipated to boost the adoption of these systems globally. Thus, the growing demand for effective clinical outcomes and reduced healthcare costs are some of the key factors that are boosting the adoption of HIS in developed and emerging economies.
The developed and developing economies are struggling to provide high care delivery standards that are quality oriented with minimum medical errors and are cost-effective. The implementation of these systems helps providers offer improved patient outcomes and streamline their workflows, which is expected to further drive the demand for the systems.
Moreover, these systems offer cost-effective services and help reduce resource wastage. The rising penetration of technologically advanced solutions is also expected to drive industry growth. The rising implementation of healthcare IT services and solutions by hospitals to provide enhanced care to patients at reduced costs combined with the increasing need to upgrade the existing systems is likely to be a key driver for the industry growth. Moreover, constant upgrades in the healthcare and IT infrastructure along with increased adoption of cloud-based services in healthcare facilities are expected to drive the market further.
There are stringent regulatory norms, which ensure safe and secure storage of patient data, confidentiality, user-level authorization, traceability of information, and mitigation of cyber security threats. Thus, healthcare facilities are switching from on-premise software to cloud-based information systems to avoid security breaches and maintain data security. The pandemic had a positive impact on the industry. Factors, such as increased adoption of the HIS to reduce the workload on the already strained healthcare professionals contributed to the industry growth. Moreover, the high adoption of IT solutions in healthcare facilities further boosted the demand for these systems.
Hospital Information System Market Segmentations:
| By Type | By Deployment | By Component |
|
Electronic Health Record Electronic Medical Record Real-time Healthcare Patient Engagement Solution Population Health Management |
Web-based On-premises Cloud-based |
Software Hardware Services |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Hospital Information System Market
5.1. COVID-19 Landscape: Hospital Information System Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Hospital Information System Market, By Type
8.1. Hospital Information System Market, by Type, 2023-2032
8.1.1 Electronic Health Record
8.1.1.1. Market Revenue and Forecast (2019-2032)
8.1.2. Electronic Medical Record
8.1.2.1. Market Revenue and Forecast (2019-2032)
8.1.3. Real-time Healthcare
8.1.3.1. Market Revenue and Forecast (2019-2032)
8.1.4. Patient Engagement Solution
8.1.4.1. Market Revenue and Forecast (2019-2032)
8.1.5. Population Health Management
8.1.5.1. Market Revenue and Forecast (2019-2032)
Chapter 9. Global Hospital Information System Market, By Deployment
9.1. Hospital Information System Market, by Deployment, 2023-2032
9.1.1. Web-based
9.1.1.1. Market Revenue and Forecast (2019-2032)
9.1.2. On-premises
9.1.2.1. Market Revenue and Forecast (2019-2032)
9.1.3. Cloud-based
9.1.3.1. Market Revenue and Forecast (2019-2032)
Chapter 10. Global Hospital Information System Market, By Component
10.1. Hospital Information System Market, by Component, 2023-2032
10.1.1. Software
10.1.1.1. Market Revenue and Forecast (2019-2032)
10.1.2. Hardware
10.1.2.1. Market Revenue and Forecast (2019-2032)
10.1.3. Services
10.1.3.1. Market Revenue and Forecast (2019-2032)
Chapter 11. Global Hospital Information System Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2019-2032)
11.1.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.1.3. Market Revenue and Forecast, by Component (2019-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Type (2019-2032)
11.1.4.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.1.4.3. Market Revenue and Forecast, by Component (2019-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Type (2019-2032)
11.1.5.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.1.5.3. Market Revenue and Forecast, by Component (2019-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2019-2032)
11.2.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.2.3. Market Revenue and Forecast, by Component (2019-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Type (2019-2032)
11.2.4.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.2.4.3. Market Revenue and Forecast, by Component (2019-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Type (2019-2032)
11.2.5.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.2.5.3. Market Revenue and Forecast, by Component (2019-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Type (2019-2032)
11.2.6.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.2.6.3. Market Revenue and Forecast, by Component (2019-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Type (2019-2032)
11.2.7.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.2.7.3. Market Revenue and Forecast, by Component (2019-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2019-2032)
11.3.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.3.3. Market Revenue and Forecast, by Component (2019-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Type (2019-2032)
11.3.4.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.3.4.3. Market Revenue and Forecast, by Component (2019-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Type (2019-2032)
11.3.5.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.3.5.3. Market Revenue and Forecast, by Component (2019-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Type (2019-2032)
11.3.6.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.3.6.3. Market Revenue and Forecast, by Component (2019-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Type (2019-2032)
11.3.7.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.3.7.3. Market Revenue and Forecast, by Component (2019-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2019-2032)
11.4.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.4.3. Market Revenue and Forecast, by Component (2019-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Type (2019-2032)
11.4.4.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.4.4.3. Market Revenue and Forecast, by Component (2019-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Type (2019-2032)
11.4.5.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.4.5.3. Market Revenue and Forecast, by Component (2019-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Type (2019-2032)
11.4.6.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.4.6.3. Market Revenue and Forecast, by Component (2019-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Type (2019-2032)
11.4.7.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.4.7.3. Market Revenue and Forecast, by Component (2019-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2019-2032)
11.5.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.5.3. Market Revenue and Forecast, by Component (2019-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Type (2019-2032)
11.5.4.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.5.4.3. Market Revenue and Forecast, by Component (2019-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Type (2019-2032)
11.5.5.2. Market Revenue and Forecast, by Deployment (2019-2032)
11.5.5.3. Market Revenue and Forecast, by Component (2019-2032)
Chapter 12. Company Profiles
12.1. Carestream Health
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Siemens Healthineers
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. McKesson Corp.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Philips Healthcare
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Merge Healthcare Inc. (IBM)
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. GE Healthcare
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Cerner Corp. (Oracle)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Allscripts
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. NextGen Healthcare
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers