Precision Business Insights has published a report on the global healthcare information systems market, estimating its value at USD 654.5 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 21.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
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The Healthcare Information Systems (HIS) market refers to the digital platforms and technologies designed to manage healthcare data effectively. These systems encompass various subsystems that handle tasks such as collecting, storing, managing, and transmitting electronic medical records (EMR), streamlining hospital operations, and supporting healthcare policy decision-making
Drivers:
Technological Advancements: Innovations in AI, IoT, and big data analytics are enhancing the efficiency and capabilities of HIS, making them more appealing to healthcare providers2.
Rising Demand for Remote Patient Monitoring: The growing need for out-of-hospital care and telemedicine solutions is pushing the adoption of HIS.
Government Initiatives and Investments: Many governments are promoting the use of digital health platforms through funding and policy support, boosting the market.
The global healthcare information systems market segmentation:
1) By Components: Software, Hardware, and Services
2) By Product Type: Hospital Information Systems, Laboratory Information Systems, Revenue Cycle Management, Medical Imaging Information System, and Pharmacy Information Systems
3) By Delivery Mode: Web-based, On-Premise, and Cloud-based
4) By End User: Diagnostics Centre, Hospitals, Academic and Research Institution, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the healthcare information systems market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the healthcare information systems market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like medidata solutions inc., agfa- gevaert (belgium), ge healthcare, siemens healthineers, epic systems corporation, nextgen healthcare information systems llc, mckesson corporation, cerner corporation, athenahealth inc., allscripts healthcare solutions inc.
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