Healthcare Information Systems Market Overview, Key Company Profiles, Demand Analysis, Advanced Share, Emerging Trends, and Industry Forecast to 2023
Market
Highlights
The Global Healthcare Information Systems
Market is expected to grow at an approximate CAGR of 10.0% during forecast period, 2018–2023.
Health
care information technology has shown to improve the quality of healthcare
sector by enhancing disease surveillance, increased adherence to guidelines,
and decreasing medication errors. The global health care information systems
market has expanded rapidly over the years, and there has been a noticeable
rise in adoption of health care information systems in recent times. Use of
health care information systems in electronic prescriptions, medication
management and intelligent wearable technologies to limit lifestyle diseases,
and smart robots to systemize repetitive tasks is expected to significantly
reduce health care costs and boost the market.
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Key
Players
·
Agfa-Gevaert
N.V.
·
Allscripts
Healthcare Solutions Inc
·
Athenahealth
Inc
·
Carestream
Health
·
Cerner
Corporation
·
GE
Healthcare
·
McKesson
Corporation
·
Medidata
Solutions Inc
·
NextGen
Healthcare
·
Philips
Healthcare
·
Siemens
Healthineers
Segmentation
·
The
global healthcare information systems market is segmented based on type,
components, deployment, end user, and region.
·
On the
basis of type, the market is segmented into hospital information systems,
pharmacy information systems, laboratory information systems, medical imaging
information system, revenue cycle management.
·
Based on
components, the market is divided into two, i.e., Software and Hardware.
·
Based on
deployment, the market is divided into web-based, on premise and cloud-based.
·
By end
user, the market is divided into hospitals, diagnostics centre, academic and
research institution, and others.
·
On the
basis of region, the market is segmented into the Americas, Europe, Asia
Pacific and the Middle East & Africa.
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Regional
Analysis
The
Americas leads the global healthcare information systems market. This can be
attributed due to growing elderly population and presence of major market
players within the region. Moreover, the presence of developed economies like
U.S. and Canada within the region boost the market growth.
In
2017, followed by the Americas, Europe stood second in the global market owing
to the presence of a well-developed healthcare infrastructure, increasing
awareness and high healthcare expenditure. Asia Pacific was estimated to be the
fastest growing region in 2017. This can be attributed due to the high
contamination rate, increasing household income and growing penetration of the
market players within the region. Moreover, rapidly growing pharmaceutical sector
within the region boosts the market to grow. On the other hand, the Middle East
and Africa held the least share in the global healthcare information systems
market. This can be attributed due to the presence of poor economies, stringent
government policies and low per capita income, especially within the African
region. A majority of the of the market share within the Middle East &
Africa is estimated to be held by the Middle East due to increasing government
funding for healthcare, improving healthcare facilities and presence of
developed economies like United Arab Emirates, Saudi Arabia, Kuwait, Dubai, and
others.
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