The Asia Pacific Patient Administration System Market is expected to witness market growth of 9.3% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Patient Administration System Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $85.6 million by 2031. The Japan market is registering a CAGR of 8.6% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 10% during 2024-2031.
The market is also growing as a result of technological advancements. Developing cloud-based, artificial intelligence, and machine learning solutions has enabled PAS vendors to offer healthcare organizations more sophisticated and scalable solutions. The rise of these technological advancements is widespread. For instance, the Shulan Health Management Group utilized Amazon Web Services to host their "homegrown" system.
However, despite the numerous advantages of PAS, the market faces several significant challenges. One of the most notable barriers to adoption is the high cost of implementation. Purchasing a PAS requires substantial investment in software and hardware and the necessary IT infrastructure to support the system. Moreover, healthcare organizations must account for ongoing costs, such as software updates, system maintenance, and the need for specialized staff to manage the system. Smaller healthcare facilities, particularly in developing regions, often struggle to justify these expenses, limiting the market’s growth in certain areas.
Australia is experiencing rising demand for cloud-based systems due to the nation’s increasing burden of chronic diseases, including diabetes, cardiovascular conditions, and cancer. According to the Australian Institute of Health and Welfare (AIHW), more than 15.4 million Australians suffer from at least one chronic disease. PAS is becoming essential for managing the large volumes of patient data generated from chronic disease monitoring and treatment.
The Australian government’s My Health Record system, a nationwide cloud-based platform, enables healthcare providers to securely access patient data, improving care for individuals with chronic conditions. This growing reliance on technological solutions underscores the broader trend of healthcare digitalization across Asia Pacific, making it a key market for patient administration systems.
The China market dominated the Asia Pacific Patient Administration System Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $85.6 million by 2031. The Japan market is registering a CAGR of 8.6% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 10% during 2024-2031.
The market is also growing as a result of technological advancements. Developing cloud-based, artificial intelligence, and machine learning solutions has enabled PAS vendors to offer healthcare organizations more sophisticated and scalable solutions. The rise of these technological advancements is widespread. For instance, the Shulan Health Management Group utilized Amazon Web Services to host their "homegrown" system.
However, despite the numerous advantages of PAS, the market faces several significant challenges. One of the most notable barriers to adoption is the high cost of implementation. Purchasing a PAS requires substantial investment in software and hardware and the necessary IT infrastructure to support the system. Moreover, healthcare organizations must account for ongoing costs, such as software updates, system maintenance, and the need for specialized staff to manage the system. Smaller healthcare facilities, particularly in developing regions, often struggle to justify these expenses, limiting the market’s growth in certain areas.
Australia is experiencing rising demand for cloud-based systems due to the nation’s increasing burden of chronic diseases, including diabetes, cardiovascular conditions, and cancer. According to the Australian Institute of Health and Welfare (AIHW), more than 15.4 million Australians suffer from at least one chronic disease. PAS is becoming essential for managing the large volumes of patient data generated from chronic disease monitoring and treatment.
The Australian government’s My Health Record system, a nationwide cloud-based platform, enables healthcare providers to securely access patient data, improving care for individuals with chronic conditions. This growing reliance on technological solutions underscores the broader trend of healthcare digitalization across Asia Pacific, making it a key market for patient administration systems.
List of Key Companies Profiled
- Oracle Corporation
- Koninklijke Philips N.V.
- Siemens Healthineers AG (Siemens AG)
- NEXTGEN HEALTHCARE, INC. (Thoma Bravo)
- Medtronic PLC
- Abbott Laboratories
- Honeywell International, Inc.
- Getinge AB
- IQVIA Holdings, Inc.
- The Access Technology Group Limited
Market Report Segmentation
By Component
- Software
- Services
By End-use
- Hospitals and Ambulatory Centers
- Diagnostic Centers
- Other End-use
By Deployment
- Web and Cloud Based
- On-Premise
By Functions
- Patient Management
- Outpatient Management
- Inventory and Procurement
- Revenue Management
- Other Functions
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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. Asia Pacific Patient Administration System Market by Component
Chapter 6. Asia Pacific Patient Administration System Market by End-use
Chapter 7. Asia Pacific Patient Administration System Market by Deployment
Chapter 8. Asia Pacific Patient Administration System Market by Functions
Chapter 9. Asia Pacific Patient Administration System Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Asia-Pacific Patient Administration System market report include:- Oracle Corporation
- Koninklijke Philips N.V.
- Siemens Healthineers AG (Siemens AG)
- NEXTGEN HEALTHCARE, INC. (Thoma Bravo)
- Medtronic PLC
- Abbott Laboratories
- Honeywell International, Inc.
- Getinge AB
- IQVIA Holdings, Inc.
- The Access Technology Group Limited
Methodology
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