San Francisco, Nov 16 The
global healthcare
information systems market size is expected to reach USD
169.2billion by 2025, according to a new report by Grand View Research, Inc.,
registering a 7.7% CAGR during the forecast period. The market is majorly
driven by increase in adoption of advanced technologies in healthcare facilities.
Growing usage of digital healthcare infrastructure, which helps in collecting
and managing information generated by hospitals, clinics, and institutes, has
enhanced efficiency and effectiveness of their services. Furthermore, increase
in number of patients suffering from chronic diseases and rising demand for
cloud-based systems are expected to boost the market in the forecast period.
Potential
opportunities of IT in healthcare in applications such as reducing operating
costs incurred while record keeping and meeting regulatory standards for
privacy, as well as efficient hospital workflow management, are among other
factors driving uptake. Furthermore, it is expected that these systems will, in
the long run, save money and allow organizations to earn significant profits.
Growing
demand for radiology information systems in diagnostic procedures has propelled
the healthcare information systems market. The sophisticated database system
allows medical professionals to track massive image files produced during the
course of diagnosis and treatment.
Browse full research report on Healthcare Information Systems Market:
www.grandviewresearch.com/industry-analysis/healthcare-information-system-market
Further key findings from the report suggest:
- In 2016,
hospital information system held the largest share by application owing to
increase in adoption in hospitals for improving operational efficiency
- By
deployment, cloud-based systems are expected to grow at a faster pace over
the forecast period. Utilization of cloud-based technology has increased
due to various security breaches in on-premise and web-based deployment
solutions
- On the basis
of component, services held the largest share in 2016. With advancements
in software and hardware, the demand for these services is expected to
increase
- In 2016,
hospitals emerged as the largest end-use segment. The shift in trend from
volume-based care to value-based care is leading to increase in demand for
information systems in hospitals
- North America
was a major contributor to the healthcare information systems market in
2016
- Key players
in this space include McKesson Corporation; Cerner Corporation;
Athenahealth, Inc.; Allscripts; Medidata Solutions Inc.; GE Healthcare;
Siemens Healthineers; and NextGen Healthcare.
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the global healthcare information systems market on
the basis of application, deployment, component, end use, and region:
Healthcare
Information Systems Application Outlook (Revenue, USD Million, 2014 -
2025)
- Hospital
Information Systems
- Electronic
health record
- Electronic
medical record
- Real-time
healthcare
- Patient
engagement solution
- Population
health management
- Pharmacy
Information Systems
- Prescription
management
- Automated
dispensing systems
- Inventory
management
- Others
- Radiology
information systems
- Monitoring
analysis software
- Picture
archiving and communication system
- Laboratory
Information Systems
- Revenue
Cycle Management
- Medical
Imaging Information System
Healthcare
Information Systems Deployment Outlook (Revenue, USD Million, 2014 - 2025)
- Web-based
- On-premise
- Cloud base
Healthcare
Information Systems Component Outlook (Revenue, USD Million, 2014 - 2025)
- Hardware
- Software and
systems
- Services
Healthcare
Information Systems End-use Outlook (Revenue, USD Million, 2014 - 2025)
- Hospitals
- Diagnostic
centers
- Academic and
research institutes
Healthcare
Information Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Sweden
- Asia Pacific
- Japan
- China
- India
- Australia
- Singapore
- Latin America
- Brazil
- Mexico
- Middle East
& Africa
- South Africa
- Saudi Arabia
Browse press release of this report
by Grand View Research: www.grandviewresearch.com/press-release/global-healthcare-information-system-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information:
www.grandviewresearch.com
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