Global Hospital Information Systems (HIS) Strategic Business Report 2023: Market to Reach $116.2 Billion by 2030 - Digital Health Investments Exhibit Solid Trajectory, Providing Growth Opportunities


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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