PUBLISHER: Grand View Research | PRODUCT CODE: 1842124
PUBLISHER: Grand View Research | PRODUCT CODE: 1842124
The global hospital information system market size was estimated at USD 152.72 billion in 2024 and is projected to reach USD 687.32 billion by 2033, growing at a CAGR of 18.44% from 2025 to 2033. Hospital Information Systems (HIS) help healthcare facilities improve their operational outcomes and reduce the workload on the staff, which is expected to boost industry growth.
Various initiatives undertaken by governments across the globe and the rising demand for the deployment of advanced IT solutions in hospitals for enhanced operational efficiency are some of the key factors expected to boost the adoption of HIS.
The need to curb healthcare expenditures due to hospital workflow inefficiencies is also anticipated to increase the adoption of these systems globally. Thus, the growing demand for effective clinical outcomes and reduced healthcare costs is a significant factor boosting the adoption of HIS in developed and emerging economies. The rising implementation of healthcare IT services and solutions by hospitals to provide enhanced care to patients at reduced costs, combined with the increasing need to upgrade the existing systems, is likely to be a key driver for the industry's growth.
Moreover, constant upgrades in the healthcare and IT infrastructure and increased adoption of cloud-based services in healthcare facilities are expected to drive the market further. For instance, in July 2024, King's College Hospital London in Dubai (KCH Dubai) migrated its Oracle Health Electronic Health Record (EHR) to Oracle Cloud Infrastructure (OCI), achieving a 50% reduction in patient information access time, 20% less time reviewing medical charts, and a 25% overall decrease in EHR usage time.
Integrating Artificial Intelligence (AI) into hospital information systems transforms hospital workflows, enhancing efficiency, accuracy, and patient outcomes. AI streamlines repetitive administrative functions such as data entry, billing, and coding. This automation reduces human error and allows healthcare professionals to focus more on patient care.
By analyzing large amounts of patient data, AI provides predictive insights and personalized treatment recommendations, helping clinicians in making informed decisions. In addition, it facilitates seamless data sharing across different healthcare systems, enhancing collaboration among healthcare providers and ensuring comprehensive patient care. For instance, Oracle Health has developed a Clinical AI Agent that provides a comprehensive mobile solution to help physicians navigate workflow challenges, supporting time- and cost-efficient operations by combining clinical automation, note generation, integrated dictation, and proposed actions in a unified experience.
Furthermore, government initiatives and modernization programs are key market drivers in the hospital information systems industry. National strategies such as India's Ayushman Bharat Digital Health Mission, Saudi Arabia's Vision 2030, and the UAE's National Unified Medical Record program exemplify efforts to create integrated, unified healthcare data ecosystems. These programs enhance healthcare delivery quality, regulatory compliance, and operational transparency. Such government-backed initiatives provide a robust foundation for sustained market expansion.
Global Hospital Information System Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global hospital information system market report based on deployment, component, type, and region.