Healthcare Informatics and Patient Monitoring Market: By Component (Software, Services), By Deployment (Cloud-Based, On-Premise), By End User (Hospitals, Ambulatory Surgical Centers, Home Health care) and By Geography  

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Healthcare Informatics and Patient Monitoring Market is expected to grow at a CAGR of 16.5% from 2023 to 2029. Healthcare informatics uses information technology to enhance the role of healthcare by improving quality and efficiency. Healthcare informatics is also known as biomedical informatics, medical informatics, nursing informatics, or clinical informatics among others. It enables health information management through the computerized systems between consumers, providers, payers, and quality monitors. Patient monitoring devices help the practitioners to decide on the treatment regimen and track the disease prognosis during the treatment in post-acute care and chronic diseases. The high cost involved with the installation of these healthcare informatics and patient monitoring systems has been a major stumbling block to industry growth. In addition, the expense of maintenance and the resulting security worries about data storage are likely to stifle the worldwide healthcare informatics and patient monitoring market's growth. Furthermore, there is a major lack of consumer awareness regarding the advantages of using these systems in developing countries. This, too, is projected to limit global market expansion in the approaching years. Global Market report gives a comprehensive outlook on Healthcare Informatics and Patient Monitoring across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. 

Healthcare Informatics And Patient Monitoring Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

16.5%

Largest Market

North America

Fastest Growing Market

Europe
Healthcare Informatics and Patient Monitoring Market Dynamics

Increase in the prevalence of chronic diseases, adoption of state-of-art technologies in healthcare is expected to drive the growth of global healthcare informatics and patient monitoring market. Moreover, rapid urbanization, developing of cutting edge technologies in healthcare informatics, wide applications with healthcare informatics, and rise in number of hospitals and home care centers are anticipated to surge the market over the forecast years. However, high cost of healthcare informatics installation and maintenance, security problems with data storage, and lack of awareness about healthcare informatics in underdeveloped countries are expected to restrain the growth of the market

Key Features of the Reports

  • The healthcare informatics and patient monitoring market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Healthcare Informatics And Patient Monitoring Market Segmentation

By Component
  • Software
  • Services
By Deployment
  • Cloud-Based
  • On-Premise
By End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Home Health care

Frequently Asked Questions

The healthcare informatics and patient monitoring market key players are: Koninklijke Philips N.V. (Netherlands), GE Healthcare (UK), Applied Informatics, Inc. (U.S.), CTIS (U.S.), Cognizant Technology Solutions Corporation (U.S.), Wipro Ltd. (India), Allscripts Healthcare Solutions (U.S.), Cerner Corporation (U.S.), McKesson Corporation (U.S.), Siemens Healthcare GmbH (Germany), 3M Health Information Systems (U.S.)

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

1. Executive Summary
2. Global Healthcare Informatics and Patient Monitoring Market Introduction 
2.1.Global Healthcare Informatics and Patient Monitoring Market  - Taxonomy
2.2.Global Healthcare Informatics and Patient Monitoring Market  - Definitions
2.2.1.Component
2.2.2.Deployment
2.2.3.End User
2.2.4.Region
3. Global Healthcare Informatics and Patient Monitoring Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Healthcare Informatics and Patient Monitoring Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Healthcare Informatics and Patient Monitoring Market  By Component, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Software
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Services
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Healthcare Informatics and Patient Monitoring Market  By Deployment, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Cloud-Based
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. On-Premise
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Healthcare Informatics and Patient Monitoring Market  By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Ambulatory Surgical Centers
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Home Health care
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Healthcare Informatics and Patient Monitoring Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Healthcare Informatics and Patient Monitoring Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. Component Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Software
9.1.2.Services
9.2.  Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Cloud-Based
9.2.2.On-Premise
9.3.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Ambulatory Surgical Centers
9.3.3.Home Health care
9.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Healthcare Informatics and Patient Monitoring Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Software
10.1.2.Services
10.2.  Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Cloud-Based
10.2.2.On-Premise
10.3.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Ambulatory Surgical Centers
10.3.3.Home Health care
10.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Healthcare Informatics and Patient Monitoring Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Software
11.1.2.Services
11.2.  Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Cloud-Based
11.2.2.On-Premise
11.3.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Ambulatory Surgical Centers
11.3.3.Home Health care
11.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Healthcare Informatics and Patient Monitoring Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Software
12.1.2.Services
12.2.  Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Cloud-Based
12.2.2.On-Premise
12.3.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Ambulatory Surgical Centers
12.3.3.Home Health care
12.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Healthcare Informatics and Patient Monitoring Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
13.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Software
13.1.2.Services
13.2.  Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Cloud-Based
13.2.2.On-Premise
13.3.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Ambulatory Surgical Centers
13.3.3.Home Health care
13.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Koninklijke Philips N.V. (Netherlands)
14.2.2.GE Healthcare (UK)
14.2.3.Applied Informatics, Inc. (U.S.)
14.2.4.CTIS (U.S.)
14.2.5.Cognizant Technology Solutions Corporation (U.S.)
14.2.6.Wipro Ltd. (India)
14.2.7.Allscripts Healthcare Solutions (U.S.)
14.2.8.Cerner Corporation (U.S.)
14.2.9.McKesson Corporation (U.S.)
14.2.10.Siemens Healthcare GmbH (Germany)
14.2.11.3M Health Information Systems (U.S.)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Koninklijke Philips N.V. (Netherlands)
  • GE Healthcare (UK)
  • Applied Informatics, Inc. (U.S.)
  • CTIS (U.S.)
  • Cognizant Technology Solutions Corporation (U.S.)
  • Wipro Ltd. (India)
  • Allscripts Healthcare Solutions (U.S.)
  • Cerner Corporation (U.S.)
  • McKesson Corporation (U.S.)
  • Siemens Healthcare GmbH (Germany)
  • 3M Health Information Systems (U.S.)

Adjacent Markets