The North America Healthcare Software As A Service Market is expected to witness market growth of 18.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Healthcare Software As A Service Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $25.07 billion by 2031. The Canada market is experiencing a CAGR of 21% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 20.2% during 2024-2031.
SaaS solutions eliminate barriers by offering a pay-as-you-go model, where healthcare providers can access cloud-based applications without the burden of managing complex IT frameworks. Another significant market driver is the increasing demand for electronic health records (EHRs) and health information exchange (HIE) systems.
The use of SaaS-powered disease management solutions that provide ongoing patient monitoring and treatment adherence is being further fueled by the rising incidence of chronic diseases, including diabetes, heart disease, and cancer. According to the World Health Organization (WHO), chronic or noncommunicable diseases (NCDs) kill 41 million people each year, equivalent to 74% of all deaths.
The adoption of healthcare Software as a Service (SaaS) is expanding across North America, enhancing patient care, reducing costs, and improving overall healthcare efficiency. The region benefits from advanced healthcare infrastructure, a strong regulatory framework, and continuous technological advancements, all driving the demand for cloud-based healthcare SaaS solutions. The United States leads the market, where the increasing demand for SaaS-powered healthcare applications is closely tied to the country’s significant healthcare spending. In 2022, U.S. healthcare expenditures totaled approximately $4.5 trillion, or $13,493 per capita, accounting for 17.3% of the nation’s GDP. This substantial investment is fueled by the widespread adoption of digital healthcare technologies, a rising prevalence of chronic diseases, and an aging population, all of which contribute to the growing need for SaaS-based healthcare solutions that optimize data management, telehealth services, and hospital operations. Thus, the evolution of healthcare SaaS in North America continues to be driven by public and private sector initiatives, ensuring sustained growth and technological advancements in the industry.
The US market dominated the North America Healthcare Software As A Service Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $25.07 billion by 2031. The Canada market is experiencing a CAGR of 21% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 20.2% during 2024-2031.
SaaS solutions eliminate barriers by offering a pay-as-you-go model, where healthcare providers can access cloud-based applications without the burden of managing complex IT frameworks. Another significant market driver is the increasing demand for electronic health records (EHRs) and health information exchange (HIE) systems.
The use of SaaS-powered disease management solutions that provide ongoing patient monitoring and treatment adherence is being further fueled by the rising incidence of chronic diseases, including diabetes, heart disease, and cancer. According to the World Health Organization (WHO), chronic or noncommunicable diseases (NCDs) kill 41 million people each year, equivalent to 74% of all deaths.
The adoption of healthcare Software as a Service (SaaS) is expanding across North America, enhancing patient care, reducing costs, and improving overall healthcare efficiency. The region benefits from advanced healthcare infrastructure, a strong regulatory framework, and continuous technological advancements, all driving the demand for cloud-based healthcare SaaS solutions. The United States leads the market, where the increasing demand for SaaS-powered healthcare applications is closely tied to the country’s significant healthcare spending. In 2022, U.S. healthcare expenditures totaled approximately $4.5 trillion, or $13,493 per capita, accounting for 17.3% of the nation’s GDP. This substantial investment is fueled by the widespread adoption of digital healthcare technologies, a rising prevalence of chronic diseases, and an aging population, all of which contribute to the growing need for SaaS-based healthcare solutions that optimize data management, telehealth services, and hospital operations. Thus, the evolution of healthcare SaaS in North America continues to be driven by public and private sector initiatives, ensuring sustained growth and technological advancements in the industry.
List of Key Companies Profiled
- Microsoft Corporation
- Salesforce, Inc.
- Adobe, Inc.
- SAP SE
- Oracle Corporation
- Cisco Systems, Inc.
- Google LLC (Alphabet Inc.)
- IBM Corporation
- ServiceNow, Inc.
- Workday, Inc.
Market Report Segmentation
By End Use
- Provider
- Payer
By Deployment Model
- Hybrid
- Public
- Private
By Application
- EHR Systems
- Telemedicine
- Medical Billing
- Patient Portal
- ePrescribing
- Mobile Communication
- ERP & HR Portal
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Healthcare Software As A Service Market by End Use
Chapter 6. North America Healthcare Software As A Service Market by Deployment Model
Chapter 7. North America Healthcare Software As A Service Market by Application
Chapter 8. North America Healthcare Software As A Service Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Microsoft Corporation
- Salesforce, Inc.
- Adobe, Inc.
- SAP SE
- Oracle Corporation
- Cisco Systems, Inc.
- Google LLC (Alphabet Inc.)
- IBM Corporation
- ServiceNow, Inc.
- Workday, Inc.
Methodology
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