The global healthcare information system market size is anticipated to reach USD 1,117.59 billion by 2030 and is expected to expand at a CAGR of 13.59% 2025 to 2030, according to a new report by Grand View Research, Inc. Government initiatives have boosted the market by accelerating the adoption of hospital IT systems in various healthcare centers and institutions. The need for developing integrated healthcare systems is increasing due to a rise in the geriatric population, chronic disease burden, and high healthcare expenditure.
Adoption of EHR is growing significantly since EHR software provides clinicians with access to a patient’s comprehensive medical history. Patient information may be updated in real-time, providing each clinician with an up-to-date and accurate patient file. According to a recent study published by American Academy of Allergy, Asthma & Immunology in November 2022, 89.9% of office-based practices in the U.S. employ EHR & EMR systems.
Growing global healthcare spending is driving the demand for IoT solutions in the healthcare sector. The healthcare industry is transitioning from a fee-for-service model to a value-based model, where treatment outcomes determine reimbursement. Globally, there is increasing pressure to reduce healthcare costs as healthcare expenses outpace economic growth. Patient-centered care management, Population Health Management (PHM), and point-of-care solutions assist providers in cutting down healthcare expenditure and improving outcomes through the development of patient registries and patient portals. These solutions also enable health information exchange and help care providers in remote patient monitoring. Thus, the demand for the development of such software is rising globally.
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The revenue cycle management segment dominated the market due to the healthcare industry rapidly moving toward digitalization, creating demand for advanced Revenue Cycle Management (RCM) solutions.
The web-based segment dominated the market owing to web-based healthcare information systems offering unparalleled accessibility, facilitating seamless communication and data sharing among healthcare professionals, patients, & stakeholders.
The services segment dominated the market due to the emergence of digital health and connected care services has widened the scope for healthcare IT-related services.
The hospitals and ambulatory services segment dominated the market due to the increase in the adoption of information systems in hospitals to improve clinical, financial, and administrative efficiency.
North America dominated the market owing to factors such as advanced healthcare infrastructure, increasing demand for healthcare services, and a favorable regulatory environment.
Grand View Research has segmented the global healthcare information system market report based on application, deployment, component, end use, and region:
Healthcare Information System Application Outlook (Revenue, USD Million, 2018 - 2030)
Hospital Information System
Electronic Health Record
Electronic Medical Record
Real-time Healthcare
Patient Engagement Solution
Population Health Management
Pharmacy Automation Systems
Medication Dispensing System
Packaging & Labeling System
Storage & Retrieval System
Automated Medication Compounding System
Tabletop Tablet Counters
Laboratory Informatics
Revenue Cycle Management
Medical Imaging Information System
Radiology Information Systems
Monitoring Analysis Software
Picture Archiving and Communication Systems
Patient Administration System
Healthcare Information System Deployment Outlook (Revenue, USD Million, 2018 - 2030)
Web-based
On-premises
Cloud-based
Healthcare Information System Component Outlook (Revenue, USD Million, 2018 - 2030)
Hardware
Software & Systems
Services
Healthcare Information System End Use Outlook (Revenue, USD Million, 2018 - 2030)
Hospitals & Ambulatory Services
Diagnostic Centers
Academic & Research Institutes
Healthcare Information System Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Norway
Sweden
Denmark
Russia
Netherlands
Switzerland
Belgium
Ireland
Austria
Asia Pacific
Japan
China
India
Australia
South Korea
Thailand
Singapore
Malaysia
Indonesia
Philippines
New Zealand
Latin America
Brazil
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Kuwait
Morocco
List of Key Players in the Healthcare Information System Market
Oracle (Cerner)
GE Healthcare
Veradigm LLC (formerly known as Allscripts)
Epic Systems Corporation
eClinicalWorks
Greenway Health, LLC
NextGen Healthcare, Inc.
Medical Information Technology, Inc. (Meditech)
TruBridge (CPSI)
AdvancedMD, Inc.
CureMD Healthcare
McKesson Corporation
IQVIA
Optum, Inc. (subsidiary of UnitedHealth Group)
Medecision
Cegedim Healthcare Solutions
Agfa-Gevaert Group.
Hewlett Packard Enterprise Development LP
Carestream Health.
Novarad Corporation
CompuGroup Medical
Ada Health GmbH
SWORD Health
Infor.
EnlivenHealth (Omnicell)
Experian Information Solutions, Inc
Belong.Life
PatientBond (acquired by Upfront in August 2022)
Inovalon
Digital Pharmacist
Keycentrix, LLC
Cassian Solutions (CassianRx)
Equipo Health Inc.
WellSky
ResMed
Koninklijke Philips N.V.
Klara Technologies, Inc.
Solutionreach, Inc.
MEDHOST
Health Catalyst
AiCure
Medadvisor Solutions
Innovaccer, Inc.
EmpiRx Health, LLC.
IBM
Huma
AllazoHealth
Nuance Communications, Inc. (Microsoft)
Aiva, Inc.
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