Global Healthcare Information Systems Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global healthcare information systems market in its upcoming report titled, “Global Healthcare Information Systems Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global healthcare information systems market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global healthcare information systems market report has been segmented on the basis of component, deployment mode, end-use, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Health information system (HIS) offers secure solutions for decision-making by following its key functions including data generation, compilation, analysis and synthesis, and communication and use. Health information system collects data from health sector and other relevant sectors, analyses that data and ensures overall quality, relevance and timeliness, and converts data into information for health-related decision-making.

Improved healthcare infrastructure and rising adoption of new technologies in hospitals, diagnostic centers, clinical laboratories, and other medical facilities are major factors expected to drive growth of the global market over the forecast period. In addition, increasing awareness of e-prescriptions among patients and rising individual’s preference towards digital wearable devices, which supports real-time patient monitoring are other factors expected to further fuel growth of the target market. Furthermore, increasing installation of healthcare information systems in various medical facilities, owing to its advantages such as it reducing inventory management costs and decreasing incidence of medication errors and shifting preference towards computer-based solutions instead of traditional paper-based methods, which are expected to boost growth of this market in the near future. Moreover, increasing government policies regarding maintaining the quality and reducing the cost of healthcare services is another factor expected to propel growth of the target market over the forecast period. However, lack of skilled physicians and high maintenance and service cost are major factors expected to hampers growth of the global market over the forecast period.

Ongoing trend observed in the target market is increasing demand for cloud as well as wireless computing applications in medical facilities in order to develop high utility services. This trend is expected to continue over the forecast period.

The market in North America is expected to dominate the target market in terms of revenue over the forecast period, owing to increasing government initiatives towards implementation of IT services in various sectors such as hospitals, educational institutes, and clinics. The market in Europe is expected to register second-highest share in terms of revenue over the forecast period, owing to increasing adoption of these systems in various public as well as in private hospitals, accessibility to drugs through online channels, and increasing patient pool in various countries in this region. In addition, the market in Asia Pacific is expected to register significant growth over the forecast period, owing to growing awareness of healthcare systems and government initiatives for implementation of such systems in various healthcare sectors.

Global healthcare information systems market segmentation:

Segmentation by component:

• Hardware
• Software and systems
• Services

Segmentation by deployment mode:

• Web-based
• On-premise
• Cloud based

Segmentation by end-use:

• Hospitals
• Diagnostic centers
• Academic and research institutes

Segmentation by application:

• Hospital Information System
• Pharmacy Information Systems
• Laboratory Information Systems
• Revenue Cycle Management
• Medical Imaging Information System

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa