Healthcare Information Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region:

Description

Global healthcare information systems market, a pivotal component in modernizing healthcare, has shown impressive growth over recent years. The market is expected to surge to US$ 920 billion by the end of 2031. This notable increase is indicative of a robust compound annual growth rate (CAGR) of 13% during the forecast period of 2024-2031.

Transforming Healthcare through Technology

Healthcare information technology offers invaluable solutions for the secure and efficient management of healthcare-related data. Applications such as electronic medical records, healthcare records, and personal health records have become integral in enhancing the quality, safety, and cost-efficiency of healthcare services. The adoption of these technologies underscores a pivotal shift towards more patient-centered, data-driven care paradigms.

Key Market Drivers

The market's momentum is largely attributed to a confluence of factors including the growing aging population, rising healthcare costs, and the increased prevalence of chronic diseases such as cancer and coronary heart diseases. Governments and healthcare providers worldwide are recognizing the potential of healthcare information systems in addressing these challenges in a cost-effective manner.

Emerging markets, particularly in developing countries like India and China, present vast opportunities for expansion. The introduction of IT-enabled services tailored for these regions is set to further catalyze market growth.

Challenges and Trends

Despite its promising growth trajectory, the market faces challenges, notably the shortage of skilled professionals and the high costs associated with maintenance and services. Issues related to interoperability also pose significant hurdles. However, trends such as the growing popularity of cloud computing and wireless technologies, along with an increased focus on patient-centric healthcare information, are expected to mitigate these challenges and shape the future landscape of the market.

Regional Analysis

The market's geographical analysis reveals that Europe and North America are expected to maintain their dominance, thanks to the high demand for advanced healthcare facilities and the growing need for integrated healthcare systems. Meanwhile, the Asia Pacific (APAC) region is poised for the highest growth rate, driven by the expanding demand in emerging markets. This growth is a testament to the increasing recognition of the critical role healthcare information systems play in enhancing healthcare delivery in these regions.

Competitive Analysis:

Major players in the global healthcare information systems market include Philips Healthcare, Nextgen Healthcare Information System Inc., GE Healthcare, and McKesson Corporation, among others.

Segmental Insights

The global healthcare information systems market is segmented by application type, delivery mode, and component type. The laboratory segment emerges as the frontrunner, commanding the largest share in the market, indicative of an increasing reliance on digital solutions for diagnostic and research purposes.

By delivery mode, the market is classified into on-premise, web-based, and cloud-based technologies, with cloud computing expected to witness significant adoption due to its scalability and cost-effectiveness. The market segmentation by component type includes software, hardware, and services, each playing a crucial role in the ecosystem of healthcare information systems.

By Application

Hospital information systems
Pharmacy information systems
Laboratory information systems

By Delivery Mode

Web-based
On-premise
Cloud-based

By Components

Software
Hardware
Services

By Region

North America
Europe
Asia
Rest of the World

1. Executive Summary

1.1. Global Healthcare Information Systems Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Healthcare Information Systems Market Outlook, 2018 - 2031

3.1. Global Healthcare Information Systems Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Hospital information systems
  - 3.1.1.2. Pharmacy information systems
  - 3.1.1.3. Laboratory information systems
3.2. Global Healthcare Information Systems Market Outlook, by Delivery Mode, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Web-based
  - 3.2.1.2. On-premise
  - 3.2.1.3. Cloud-based
3.3. Global Healthcare Information Systems Market Outlook, by Component, Value (US$Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Software
  - 3.3.1.2. Hardware
  - 3.3.1.3. Services
3.4. Global Healthcare Information Systems Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Healthcare Information Systems Market Outlook, 2018 - 2031

4.1. North America Healthcare Information Systems Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Hospital information systems
  - 4.1.1.2. Pharmacy information systems
  - 4.1.1.3. Laboratory information systems
4.2. North America Healthcare Information Systems Market Outlook, by Delivery Mode, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Web-based
  - 4.2.1.2. On-premise
  - 4.2.1.3. Cloud-based
4.3. North America Healthcare Information Systems Market Outlook, by Component, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Software
  - 4.3.1.2. Hardware
  - 4.3.1.3. Services
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Healthcare Information Systems Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 4.4.1.2. U.S. Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 4.4.1.3. U.S. Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 4.4.1.4. Canada Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 4.4.1.5. Canada Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 4.4.1.6. Canada Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Healthcare Information Systems Market Outlook, 2018 - 2031

5.1. Europe Healthcare Information Systems Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Hospital information systems
  - 5.1.1.2. Pharmacy information systems
  - 5.1.1.3. Laboratory information systems
5.2. Europe Healthcare Information Systems Market Outlook, by Delivery Mode, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Web-based
  - 5.2.1.2. On-premise
  - 5.2.1.3. Cloud-based
5.3. Europe Healthcare Information Systems Market Outlook, by Component, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Software
  - 5.3.1.2. Hardware
  - 5.3.1.3. Services
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Healthcare Information Systems Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.2. Germany Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 5.4.1.3. Germany Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 5.4.1.4. U.K. Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.5. U.K. Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 5.4.1.6. U.K. Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 5.4.1.7. France Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.8. France Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 5.4.1.9. France Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 5.4.1.10. Italy Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.11. Italy Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 5.4.1.12. Italy Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 5.4.1.13. Turkey Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.14. Turkey Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 5.4.1.15. Turkey Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 5.4.1.16. Russia Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.17. Russia Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 5.4.1.18. Russia Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 5.4.1.19. Rest of Europe Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 5.4.1.20. Rest of Europe Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 5.4.1.21. Rest of Europe Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Healthcare Information Systems Market Outlook, 2018 - 2031

6.1. Asia Pacific Healthcare Information Systems Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Hospital information systems
  - 6.1.1.2. Pharmacy information systems
  - 6.1.1.3. Laboratory information systems
6.2. Asia Pacific Healthcare Information Systems Market Outlook, by Delivery Mode, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Web-based
  - 6.2.1.2. On-premise
  - 6.2.1.3. Cloud-based
6.3. Asia Pacific Healthcare Information Systems Market Outlook, by Component, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Software
  - 6.3.1.2. Hardware
  - 6.3.1.3. Services
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Healthcare Information Systems Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.2. China Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 6.4.1.3. China Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 6.4.1.4. Japan Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.5. Japan Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 6.4.1.6. Japan Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 6.4.1.7. South Korea Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.8. South Korea Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 6.4.1.9. South Korea Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 6.4.1.10. India Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.11. India Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 6.4.1.12. India Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 6.4.1.13. Southeast Asia Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.14. Southeast Asia Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 6.4.1.15. Southeast Asia Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Healthcare Information Systems Market Outlook, 2018 - 2031

7.1. Latin America Healthcare Information Systems Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Hospital information systems
  - 7.1.1.2. Pharmacy information systems
  - 7.1.1.3. Laboratory information systems
7.2. Latin America Healthcare Information Systems Market Outlook, by Delivery Mode, Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Web-based
  - 7.2.1.2. On-premise
  - 7.2.1.3. Cloud-based
7.3. Latin America Healthcare Information Systems Market Outlook, by Component, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Software
  - 7.3.1.2. Hardware
  - 7.3.1.3. Services
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Healthcare Information Systems Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.2. Brazil Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 7.4.1.3. Brazil Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 7.4.1.4. Mexico Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.5. Mexico Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 7.4.1.6. Mexico Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 7.4.1.7. Argentina Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.8. Argentina Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 7.4.1.9. Argentina Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Healthcare Information Systems Market Outlook, 2018 - 2031

8.1. Middle East & Africa Healthcare Information Systems Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Hospital information systems
  - 8.1.1.2. Pharmacy information systems
  - 8.1.1.3. Laboratory information systems
8.2. Middle East & Africa Healthcare Information Systems Market Outlook, by Delivery Mode, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Web-based
  - 8.2.1.2. On-premise
  - 8.2.1.3. Cloud-based
8.3. Middle East & Africa Healthcare Information Systems Market Outlook, by Component, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Software
  - 8.3.1.2. Hardware
  - 8.3.1.3. Services
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Healthcare Information Systems Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.2. GCC Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 8.4.1.3. GCC Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 8.4.1.4. South Africa Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.5. South Africa Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 8.4.1.6. South Africa Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 8.4.1.7. Egypt Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.8. Egypt Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 8.4.1.9. Egypt Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 8.4.1.10. Nigeria Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.11. Nigeria Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 8.4.1.12. Nigeria Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Healthcare Information Systems Market by Application, Value (US$ Bn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Healthcare Information Systems Market by Delivery Mode, Value (US$ Bn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Healthcare Information Systems Market by Component, Value (US$ Bn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Component vs by Delivery Mode Heat map
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. McKesson Corporation
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. GE Healthcare
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. Philips Healthcare
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. Agfa Gevaert NV
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. Siemens Healthcare
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. Carestream Health, Inc.
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. Cerner Corporation
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Merge Healthcare Incorporated
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. Epic Systems Corporation
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. NextGen Healthcare Information Systems, Inc
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Product Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations