Global Hospital Information Systems (HIS) Strategic Business Report 2023: Market to Reach $116.2 Billion by 2030

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Company Logo Dublin, Oct. 27, 2023 (GLOBE NEWSWIRE) — The “Hospital Information Systems (HIS) – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Hospital Information Systems (HIS) Market to Reach $116.2 Billion by 2030 The global market for Hospital Information Systems (HIS) estimated at US$65.6 Billion […]

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Dublin, Oct. 27, 2023 (GLOBE NEWSWIRE) — The “Hospital Information Systems (HIS) – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Hospital Information Systems (HIS) Market to Reach $116.2 Billion by 2030

The global market for Hospital Information Systems (HIS) estimated at US$65.6 Billion in the year 2022, is projected to reach a revised size of US$116.2 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$52.3 Billion by the end of the analysis period. Growth in the Hardware segment is estimated at 5.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $21.4 Billion, While China is Forecast to Grow at 10% CAGR

The Hospital Information Systems (HIS) market in the U.S. is estimated at US$21.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$7.3 Billion by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

This robust analysis also includes a focused look at over 200 competitors, offering clear comparable metrics that can guide strategic business decisions.

What`s New?

  • Special discussions on the global economic climate and market sentiment

  • Coverage on global competitiveness and key competitor percentage market shares

  • Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and trademarked research platform

  • Complimentary updates for one year

  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

  • IT Revolutionizing the Healthcare Industry

  • COVID-19 Pandemic Accelerates Digitalization in Healthcare

  • Pandemic Expedites Healthcare Ecosystem’s Evolution for Better Care & Cost Savings

  • Companies Focus on the Development of Innovative Digital Health Solutions

  • Pandemic-Led Focus on Digitization Augurs Well for Hospital Information Systems Market

  • An Introduction to Hospital Information Systems (HIS)

  • Major Benefits of HIS

  • HIS – A Source of Key Information

  • Types of Hospital Information Systems

  • Global Market Outlook

  • Rising Adoption of Integrated Software

  • Cloud-based Deployment to Witness Higher Growth

  • Population Health Management and Electronic Health Records Segments Post Major Gains

  • Developed Regions Lead, Future Growth Led by Faster Adoption in Developing Economies

  • Competition

  • Hospital Information Systems (HIS) – Global Key Competitors Percentage Market Share in 2023 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

  • World Brands

  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • Myriad Advantages of Hospital Information Systems Spur Adoption

  • Increasing Complexity of Healthcare Operations to Spur Demand for Healthcare IT Solutions

  • Digital Health Investments Exhibit Solid Trajectory, Providing Growth Opportunities for HIS Market

  • US Digital Health Funding in US$ Billion: 2011-2021

  • Number of Mega Deals (US$ 100 Million +) in Digital Health Space: 2018-2021

  • Top Funded Clinical Indications (in US$ Billion): 2020 & 2021

  • Hospital Information Systems Play a Pivotal Role in Healthcare Digitization

  • Global Healthcare IT Market: Percentage Breakdown of Spending by Sector (2022E)

  • How Digital Transformation Can Improve Operational Decisions of Hospitals

  • Advancing Technology Trends Paving the Way for Accelerated Adoption of Hospital Information Systems

  • Applications Scope for AI and other Related Technologies Expand Rapidly

  • Enhanced Focus on Prevention of Data Breach Incidents

  • Increased Prominence of IoMT

  • Telehealth Adoption Increases

  • AR, VR and Digital Twins Reduce Time-to-Market for New Med Tech

  • Integration of Wearable Devices into Patient Care

  • Data Analytics and Big Data

  • Focus on Data Sharing ad Interoperability among Healthcare Organizations to Increase

  • Remote Patient Monitoring

  • Predictive Analytics Capabilities amid the Pandemic

  • Cloud Computing

  • Robotic Process Automation (RPA)

  • Cognitive Automation to Assist in Digital Transformation

  • Other Notable Trends

  • As Telehealth Services Gain Prominence in Healthcare Industry, Hospital Information Systems Become Vital for Seamless Operations

  • Growing Importance of Sharing Healthcare Data in the COVID-19 Era Augurs Well for HIS Market

  • The Move to Cloud Gains Momentum among Hospitals, Driving Market Gains

  • Pandemic-Driven Shift Towards Smart Hospitals to Accelerate Adoption of Hospital Information Systems

  • Proliferation of Smart Devices Bodes Well for Market Growth

  • Smartphone Adoption as Share of Total Population: 2016-2021

  • Artificial Intelligence to Play a Significant Role in Automation and Improving Clinical Outcomes

  • Global Healthcare Artificial Intelligence Market by Application: 2021

  • Rise in Integration of Disruptive Technologies in EHR

  • Role of Blockchain Technology in EHR Evolution

  • Blockchain Enables Precision Medicine and Patient-Driven System

  • Key Technologies Likely to Impact Next-Generation EHRs

  • Rise in Use of AI to Build Smart EHR System

  • Machine Learning-based Methods Streamline Clinical Workflow

  • Digital Medical Records Face Serious Challenges from Cybersecurity Issues

  • EHR Interoperability and Associated Issues

  • Aging Population and Expanding Patient Pool Continues to Drive Importance of Hospital Information Systems

  • Fatalities by Heart Conditions – Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others

  • Rising Need to Reduce Healthcare Costs to Fuel HIS Adoption

  • Major Challenges Facing Hospital Information Systems

FOCUS ON SELECT PLAYERS(Total 205 Featured)

  • Akhil Systems Pvt. Ltd.

  • Allscripts Healthcare Solutions Inc.

  • Athenahealth Inc.

  • Cerner Corporation

  • CPSI

  • eClinicalWorks

  • e-MDs, Inc.

  • GE Healthcare

  • Koninklijke Philips N.V.

  • McKesson Corporation

  • Medical Information Technology, Inc.

  • NTT DATA Corporation

  • NXGN Management, LLC.

  • QuadraMed Affinity Corporation

  • Siemens Medical Solutions USA Inc.

  • SoftLink International Pvt. Ltd.

  • Sysmex (Malaysia) Sdn Bhd

  • Wipro Limited

For more information about this report visit https://www.researchandmarkets.com/r/hq0li5

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