Hospital Information System Market Report 2025

The hospital information system market size has grown strongly in recent years. It will grow from $131.25 billion in 2024 to $140.89 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to the growing usage of digital healthcare infrastructure, the rising prevalence of chronic diseases, and the rise in healthcare expenditure.

The hospital information system market size is expected to see rapid growth in the next few years. It will grow to $208.56 billion in 2029 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to increasing government initiatives, a rise in funding, an increase in healthcare access, and growing awareness regarding the importance of EMR. Major trends in the forecast period include leveraging artificial intelligence to improve tracking, recording, and maintenance of data, focusing on medical devices to improve patient monitoring and overall care quality, and offering electronic health record platforms to capture, store, and share patient data in a structured way, focusing on cloud-based technologies and leveraging strategic partnerships and collaborations.

The increasing adoption of digital healthcare infrastructure is expected to drive the growth of the hospital information systems market in the coming years. Digital healthcare infrastructure encompasses technologies designed to enhance the quality of medical services, such as real-time tracking of medical data through wearable devices. Implementing this infrastructure in hospitals improves patient monitoring and care. For example, in February 2023, Rock Health, a UK-based organization, reported that in its 2022 survey, 80% of respondents indicated they had used telemedicine at some point in their lives, reflecting an 8-percentage point increase from 72% in 2021. While the use of live video telemedicine remained stable in 2022, showing only a 1 percentage point increase from the previous year. Thus, the growing utilization of digital healthcare infrastructure is propelling the growth of the hospital information systems market.

Increasing awareness of the importance of electronic medical records (EMR) is expected to drive the hospital information systems market during the forecast period. EMRs are patient records created by healthcare professionals for use in hospitals and outpatient settings. The growth of the global EMR market is anticipated to be propelled by the benefits these records offer, including enhanced security measures and improved accuracy and completeness of patient information. For instance, in June 2022, GOV.UK reported that by December 2023, 90% of NHS trusts are expected to have electronic health records in place, with a target of achieving 100% implementation by March 2025. Therefore, the growing awareness of the significance of EMRs is contributing to the growth of the hospital information systems market.

The incorporation of artificial intelligence (AI) is identified as a key trend in the hospital information systems market. Major companies in the market are leveraging AI to enhance data tracking, recording, and maintenance. TidalHealth, a Maryland-based healthcare company, implemented AI software to improve patient diagnosis accuracy, reduce clinician burnout, and enhance revenue through improved documentation. This application of AI is aimed at automating electronic health record (EHR) chart reviews and improving patient safety. The integration of AI in hospital information systems is a trend expected to drive the market's growth.

Major companies in the hospital information system market are focusing on introducing innovative solutions, such as medical devices information systems, to enhance patient care, streamline workflows, and improve data management across healthcare facilities. Medical devices information systems are integrated software solutions designed to manage and monitor medical devices within healthcare settings, facilitating the collection, analysis, and sharing of data to boost patient safety and operational efficiency. For example, in July 2024, the World Health Organization (WHO), a Switzerland-based intergovernmental organization, launched the MeDevIS (Medical Devices Information System) platform. This platform serves as a global open-access repository for information on medical devices, aiding decision-making for governments and healthcare practitioners. It includes over 2,300 types of medical devices across various health issues, simplifying access to reliable data and supporting procurement in resource-limited settings.

In January 2023, GE HealthCare, a US-based healthcare technology company, acquired Imactis for an undisclosed amount. This acquisition supports GE HealthCare's strategy to expand its precision care offerings, particularly in image-guided interventions. Imactis' innovative technology enhances GE HealthCare's capacity to provide comprehensive, integrated solutions to healthcare providers worldwide, thereby improving patient outcomes and workflow efficiency. Imactis, a France-based medical equipment manufacturer, specializes in advanced imaging solutions for minimally invasive procedures, particularly in the areas of computed tomography (CT) and fluoroscopy.

Major companies operating in the hospital information system market include Cerner Corporation, McKesson Corporation, General Electric Company, Allscripts Healthcare Solutions Inc., Athenahealth Inc., Epic Systems Corp, NextGen Healthcare, Computer Programs and Systems Inc, Dedalus SpA, Innovaccer, 1mg, Practo, Medi Buddy, Indegene, Ping A Good Doctor, JD Health, CISCO Systems Inc, Honeywell Lifesciences, Philips Healthcare, Agfa-Gevaert NV, Siemens Healthineers AG, Better Doc, Biovotion, Coimbra Genomics, Dacadoo, Doctoralia, NeurNation, Nutrino, TrialReach, N-iX, Intersog, Selleo HQ, DeSmart Software House, Exadel Inc, Softarex Technologies, Canadian Health Systems Inc, Change Healthcare, MED e-care Healthcare Solutions Inc, Optum, Oracle Corporation, Infor Inc, CVS Health, MV Sistemas, Greenway Health, CureMD Healthcare, Mubadala Health, G42 Healthcare, Etisalat, Vezeeta, OKADOC, Safermom, Medsaf, MDaaS Global, Hudibia, AMD Global Telemedicine Inc, Medtronic PLC.

North America was the largest region in the hospital information systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hospital information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hospital information system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Hospital information systems are comprehensive platforms that collect, store, manage, and transmit patients' medical records, consolidating all the information and processes of a hospital onto a unified platform. These systems play a crucial role in storing and managing healthcare data.

The main types of hospital information systems encompass various functionalities, including clinical information systems, administrative information systems, electronic medical records, laboratory information systems, radiology information systems, pharmacy information systems, and others. Clinical information systems, for instance, are computer-based systems designed to gather, store, and modify clinical data on patients. These systems can be utilized at single locations or across entire healthcare systems. Components of hospital information systems include hardware, software, and services, and they can be deployed through web-based, on-premises, or cloud-based models. These systems find application in hospitals, insurance companies, and other end-users in the healthcare sector.

The hospital information systems market research report is one of a series of new reports that provides hospital information systems market statistics, including hospital information systems industry global market size, regional shares, competitors with a hospital information systems market share, detailed hospital information systems market segments, market trends and opportunities, and any further data you may need to thrive in the hospital information systems industry. This hospital information systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hospital information system market consists of sales of medical practice management systems, electronic health records (EHR), e-prescribing software, remote patient monitoring, master patient index (MPI), patient portal, urgent care applications, and medical billing software. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.