Healthcare Information Systems Market: By Components (Software, Hardware, and Services), By Product Type (Hospital Information Systems, Laboratory Information Systems, Revenue Cycle Management, Medical Imaging Information System, and Pharmacy Information Systems), By Delivery Mode (Web-based, On-Premise, and Cloud-based), By End User (Diagnostics Centre, Hospitals, Academic and Research Institution, and Others), and By Geography

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The Healthcare Information Systems Market is projected to reach USD 822.1 billion by 2029 from USD 325.1 billion in 2022, at a CAGR of 21.1% during the forecast period 2023 to 2029. Healthcare information systems belong to the area of information technology involving the design, development, and maintenance of information systems for the healthcare industry. Automated and interoperable healthcare information systems Market are expected to improve medical care, lower the medical costs, increases the efficiency, reduce error and improve patient satisfaction, while also optimizing reimbursement for ambulatory and inpatient healthcare providers. Rising government initiatives and investments in healthcare IT to develop and deploy IT systems in the healthcare business are two significant drivers driving the adoption of healthcare information systems. The use of digital health platforms for information management, clinical decision support, and enhancing overall healthcare outcomes is being promoted through region-specific funding initiatives. The industry is being aided by the increasing penetration of technologically enhanced healthcare services. Various IT firms and healthcare institutions have recently increased their collaboration to focus on producing high-utility services and solutions to better individualised care delivery, data storage efficiency, and data analytics effectiveness. Furthermore, over the next few years, the increased usage of EHR systems is predicted to significantly enhance market growth.

Healthcare Information Systems Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

21%

Largest Market

North America

Fastest Growing Market

Europe
Healthcare Information Systems Market Dynamics

Technological advancements play a significant role in the growth of the healthcare information systems market. The increasing volume of the patient information is driving the growth of the market. Digitalization and soaring adoption of electronic systems in the healthcare sectors is adding fuel for the growth of the healthcare information systems market. Deployment of labor is further boosting the growth of the market owing to the higher degree of accuracy for patient monitoring. However, the high investment associated with the establishment of healthcare information system is hindering the growth of the market. The lack of skilled professionals is another factor hampering the growth of the healthcare information systems market.

Key Features of the Reports

  • The healthcare information systems 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 competitor’s 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 Information Systems Market Segmentation

By Components
  • Software
  • Hardware
  • Services
By Product type
  • Hospital Information Systems
    • Electronic Health Record
    • Patient Engagement Solutions
    • Population Health Management
    • Real-time Healthcare
    • Patient Engagement Solutions
  • Laboratory Information Systems
  • Revenue Cycle Management
  • Medical Imaging Information System
    • Monitoring Analysis Software
    • Picture Archiving
    • Radiology Information Systems
    • Communication Systems
  • Pharmacy Information Systems
    • Inventory Management
    • Automated Dispensing Systems
    • Prescription Management
By Delivery Mode
  • Web-based
  • On-Premise
  • Cloud-based
By End User
  • Diagnostics Centre
  • Hospitals
  • Academic and Research Institution
  • Others

Frequently Asked Questions

The healthcare information systems market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The key segments covered in the healthcare information systems market are: by components, product type, delivery mode and end-user

The healthcare information systems market size was valued at USD 325.1 billion in 2022

1.Executive Summary
2.Global Healthcare Information Systems Market Introduction 
2.1.Global Healthcare Information Systems Market  - Taxonomy
2.2.Global Healthcare Information Systems Market  - Definitions
2.2.1.Components
2.2.2.Product Type
2.2.3.Delivery Mode
2.2.4.End User
2.2.5.Region
3.Global Healthcare Information Systems 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 Information Systems 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 Information Systems Market  By Components, 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. Hardware
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 
5.3. Services
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Healthcare Information Systems Market  By Product Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Hospital Information Systems
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. Laboratory Information Systems
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 
6.3. Revenue Cycle Management
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Medical Imaging Information System
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Pharmacy Information Systems
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Healthcare Information Systems Market  By Delivery Mode, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Web-based
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. On-Premise
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. Cloud-based
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 Information Systems Market  By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. Diagnostics Centre
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. Hospitals
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. Academic and Research Institution
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. Others
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 
9.Global Healthcare Information Systems Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Healthcare Information Systems Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Components Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Software
10.1.2.Hardware
10.1.3.Services
10.2.  Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hospital Information Systems
10.2.2.Laboratory Information Systems
10.2.3.Revenue Cycle Management
10.2.4.Medical Imaging Information System
10.2.5.Pharmacy Information Systems
10.3.  Delivery Mode Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Web-based
10.3.2.On-Premise
10.3.3.Cloud-based
10.4.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Diagnostics Centre
10.4.2.Hospitals
10.4.3.Academic and Research Institution
10.4.4.Others
10.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Healthcare Information Systems Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Components Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Software
11.1.2.Hardware
11.1.3.Services
11.2.  Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hospital Information Systems
11.2.2.Laboratory Information Systems
11.2.3.Revenue Cycle Management
11.2.4.Medical Imaging Information System
11.2.5.Pharmacy Information Systems
11.3.  Delivery Mode Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Web-based
11.3.2.On-Premise
11.3.3.Cloud-based
11.4.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Diagnostics Centre
11.4.2.Hospitals
11.4.3.Academic and Research Institution
11.4.4.Others
11.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
11.5.7.
12.Asia Pacific (APAC) Healthcare Information Systems Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Components Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Software
12.1.2.Hardware
12.1.3.Services
12.2.  Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hospital Information Systems
12.2.2.Laboratory Information Systems
12.2.3.Revenue Cycle Management
12.2.4.Medical Imaging Information System
12.2.5.Pharmacy Information Systems
12.3.  Delivery Mode Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Web-based
12.3.2.On-Premise
12.3.3.Cloud-based
12.4.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Diagnostics Centre
12.4.2.Hospitals
12.4.3.Academic and Research Institution
12.4.4.Others
12.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Healthcare Information Systems Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
13.1. Components Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Software
13.1.2.Hardware
13.1.3.Services
13.2.  Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Hospital Information Systems
13.2.2.Laboratory Information Systems
13.2.3.Revenue Cycle Management
13.2.4.Medical Imaging Information System
13.2.5.Pharmacy Information Systems
13.3.  Delivery Mode Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Web-based
13.3.2.On-Premise
13.3.3.Cloud-based
13.4.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Diagnostics Centre
13.4.2.Hospitals
13.4.3.Academic and Research Institution
13.4.4.Others
13.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Healthcare Information Systems Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
14.1. Components Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Software
14.1.2.Hardware
14.1.3.Services
14.2.  Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Hospital Information Systems
14.2.2.Laboratory Information Systems
14.2.3.Revenue Cycle Management
14.2.4.Medical Imaging Information System
14.2.5.Pharmacy Information Systems
14.3.  Delivery Mode Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Web-based
14.3.2.On-Premise
14.3.3.Cloud-based
14.4.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Diagnostics Centre
14.4.2.Hospitals
14.4.3.Academic and Research Institution
14.4.4.Others
14.5.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Medidata Solutions Inc. (U.S)
15.2.2.Agfa- Gevaert (Belgium)
15.2.3.GE Healthcare (UK)
15.2.4.Siemens Healthineers (Germany)
15.2.5.Epic Systems Corporation (U.S)
15.2.6.NextGen Healthcare Information Systems LLC (U.S)
15.2.7.McKesson Corporation (U.S)
15.2.8.Cerner Corporation (U.S)
15.2.9.Athenahealth Inc. (U.S)
15.2.10.Allscripts Healthcare Solutions Inc. (U.S)
16. Research Methodology 
17. Appendix and Abbreviations 
  • Medidata Solutions Inc. (U.S)
  • Agfa- Gevaert (Belgium)
  • GE Healthcare (UK)
  • Siemens Healthineers (Germany)
  • Epic Systems Corporation (U.S)
  • NextGen Healthcare Information Systems LLC (U.S)
  • McKesson Corporation (U.S)
  • Cerner Corporation (U.S)
  • Athenahealth Inc. (U.S)
  • Allscripts Healthcare Solutions Inc. (U.S)

Adjacent Markets