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Hospital Information Systems (HIS) - Global Strategic Business Report

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    Report

  • 845 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 834986
The global market for Hospital Information Systems (HIS) is estimated at US$70.5 Billion in 2023 and is projected to reach US$116.2 Billion by 2030, growing at a CAGR of 7.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the Hospital Information Systems (HIS) market is driven by several factors. Firstly, the increasing need for efficient healthcare management and improved patient outcomes is a major driver. Secondly, advancements in technology, including AI, cloud computing, and data analytics, are enhancing the capabilities and adoption of HIS. Thirdly, the growing emphasis on regulatory compliance and data security in healthcare is boosting the demand for robust HIS solutions.

Additionally, government initiatives and funding for healthcare IT infrastructure are encouraging hospitals to adopt HIS. Furthermore, the rise in chronic diseases and the need for continuous patient monitoring are driving the integration of HIS with other healthcare systems. Lastly, the expanding healthcare sector in emerging economies is creating new opportunities for HIS providers.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the HIS Software segment, which is expected to reach US$52.3 Billion by 2030 with a CAGR of a 7.6%. The HIS Hardware segment is also set to grow at 6.2% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $23.1 Billion in 2023, and China, forecasted to grow at an impressive 9.8% CAGR to reach $7.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Hospital Information Systems (HIS) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Hospital Information Systems (HIS) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Hospital Information Systems (HIS) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Akhil Systems Pvt. Ltd., Allscripts Healthcare Solutions Inc., Athenahealth Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (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

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • IT Revolutionizing the Healthcare Industry
  • 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 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. 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
  • Hospital Information Systems Play a Pivotal Role in Healthcare Digitization
  • 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
  • Global Number of Telemedicine Patients (In Million) for the Years 2016, 2018, 2020, 2023 & 2025
  • 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
  • Artificial Intelligence to Play a Significant Role in Automation and Improving Clinical Outcomes
  • 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
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • 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
  • Current & Required Healthcare Spending as % of GDP for 2019 and 2030
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Major Challenges Facing Hospital Information Systems
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Hospital Information Systems (HIS) Market Analysis of Annual Sales in US$ Million for Years 2016 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Hospital Information Systems (HIS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Hospital Information Systems (HIS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 4: World 14-Year Perspective for Hospital Information Systems (HIS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2016, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 7: World 14-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 10: World 14-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 13: World 14-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Population Health Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Population Health Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 16: World 14-Year Perspective for Population Health Management by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Electronic Health Record by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Electronic Health Record by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 19: World 14-Year Perspective for Electronic Health Record by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Patient Engagement Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Patient Engagement Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 22: World 14-Year Perspective for Patient Engagement Solutions by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Electronic Medical Record by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Electronic Medical Record by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 25: World 14-Year Perspective for Electronic Medical Record by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Real-Time Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Real-Time Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 28: World 14-Year Perspective for Real-Time Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Web-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Web-based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 31: World 14-Year Perspective for Web-based by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 34: World 14-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2016 through 2022 and % CAGR
  • TABLE 37: World 14-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Hospital Information Systems (HIS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • 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

Table Information