Hospital Information System Market Size, Share, and Analysis, By Deployment (Web-Based, On-Premises, Cloud-Based), By Component (Software, Hardware, Services), By Application (Hospitals Information Systems, Pharmacy Information Systems, Laboratory Information Systems, Revenue Cycle Management, Medical Imaging Information System), By End User (Hospitals, Diagnostic Centers, Academic & Research) and Regional Forecasts, 2022-2032
Hospital Information System Market Size, Share, and Analysis, By Deployment (Web-Based, On-Premises, Cloud-Based), By Component (Software, Hardware, Services), By Application (Hospitals Information Systems, Pharmacy Information Systems, Laboratory Information Systems, Revenue Cycle Management, Medical Imaging Information System), By End User (Hospitals, Diagnostic Centers, Academic & Research) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Hospital Information System Market size was USD 53.03 billion in 2021 and projected to grow from USD 60.6 billion in 2023 to USD 111.7 billion by 2032, exhibiting a CAGR of 7.0% during the forecast period.
HIS or Hospital Information System is a component of health informatics stressing essentially on the administrational requirements of hospitals. HIS is integrated information system that manages all aspects of a hospital's functioning, including administrative, medical, legal, and financial concerns and the processing of services for the concerned people. It offers common information source on a patient's medical history and doctor's schedule.
MARKET HIGHLIGHTS
Hospital Information System Market is expected to reach USD 111.7 billion, growing at a CAGR of 7.0% during the forecast period owing to the increasing need to control healthcare expenses due to workflow inefficiencies of hospitals. Hence, the rising desire for efficient clinical outcomes and lower healthcare expenditures are among the major drivers driving the implementation of HIS in emerging and developed nations.
Hospital Information System Market Segments:
Growth Drivers
Growing Patient Pool Worldwide and Several Benefits of HIS are Expected to Boost the Market Growth
Increasing Governments Funding and Initiatives is Expected to Boost the Market Growth
Restraint
Lack of Strong Reimbursement Policies May Restrain the Market Growth
Key Players
PRODUCT OVERVIEW
Hospital Information System Market size was USD 53.03 billion in 2021 and projected to grow from USD 60.6 billion in 2023 to USD 111.7 billion by 2032, exhibiting a CAGR of 7.0% during the forecast period.
HIS or Hospital Information System is a component of health informatics stressing essentially on the administrational requirements of hospitals. HIS is integrated information system that manages all aspects of a hospital's functioning, including administrative, medical, legal, and financial concerns and the processing of services for the concerned people. It offers common information source on a patient's medical history and doctor's schedule.
MARKET HIGHLIGHTS
Hospital Information System Market is expected to reach USD 111.7 billion, growing at a CAGR of 7.0% during the forecast period owing to the increasing need to control healthcare expenses due to workflow inefficiencies of hospitals. Hence, the rising desire for efficient clinical outcomes and lower healthcare expenditures are among the major drivers driving the implementation of HIS in emerging and developed nations.
Hospital Information System Market Segments:
- Deployment
- Web-Based
- On-Premises
- Cloud-Based
- Component
- Software
- Hardware
- Services
- Application
- Hospitals Information Systems
- Pharmacy Information Systems
- Laboratory Information Systems
- Revenue Cycle Management
- Medical Imaging Information System
- End User
- Hospitals
- Diagnostic Centers
- Academic & Research
Growth Drivers
Growing Patient Pool Worldwide and Several Benefits of HIS are Expected to Boost the Market Growth
Increasing Governments Funding and Initiatives is Expected to Boost the Market Growth
Restraint
Lack of Strong Reimbursement Policies May Restrain the Market Growth
Key Players
- IBM
- Wipro Limited
- Philips Healthcare
- Siemens Healthineers
- GE Healthcare
- McKesson Corporation
- Cerner Corporation
- Epic Systems Corporation
- Comarch SA.
- Allscripts Healthcare LLC
- Carestream Health
- Meditech
- NextGen Healthcare
- NXGN Management LLC
- Integrated Medical Systems
- Dedalus SpA
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2. Business Trends
1.3. Hospital Information System Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Hospital Information System Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. HOSPITAL INFORMATION SYSTEM MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2. Economic
8.2.3. Social
8.2.4. Technological
9. HOSPITAL INFORMATION SYSTEM MARKET
9.1. Overview
9.2. Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
10.1. Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Deployment
10.3.1.1. Web-Based
10.3.1.1.1. By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. On-Premises
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2. Market Share (%) 2022-2032F
10.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Cloud-Based
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2. Market Share (%) 2022-2032F
10.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.2. By Component
10.3.2.1. Software
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2. Market Share (%) 2022-2032F
10.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.2. Hardware
10.3.2.2.1. By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3. Services
10.3.2.3.1. By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.3. By Application
10.3.3.1. Hospitals Information Systems
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2. Market Share (%) 2022-2032F
10.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.2. Pharmacy Information Systems
10.3.3.2.1. By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.3. Laboratory Information Systems
10.3.3.3.1. By Value (USD Million) 2022-2032F
10.3.3.3.2. Market Share (%) 2022-2032F
10.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.4. Revenue Cycle Management
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2. Market Share (%) 2022-2032F
10.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.5. Medical Imaging Information System
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2. Market Share (%) 2022-2032F
10.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.4. By End User
10.3.4.1. Hospitals
10.3.4.1.1. By Value (USD Million) 2022-2032F
10.3.4.1.2. Market Share (%) 2022-2032F
10.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.4.2. Diagnostic Centers
10.3.4.2.1. By Value (USD Million) 2022-2032F
10.3.4.2.2. Market Share (%) 2022-2032F
10.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.4.3. Academic & Research
10.3.4.3.1. By Value (USD Million) 2022-2032F
10.3.4.3.2. Market Share (%) 2022-2032F
10.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11. NORTH AMERICA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Deployment
11.3.2. By Component
11.3.3. By Application
11.3.4. By End User
11.4. Country
11.4.1. United States
11.4.2. Canada
12. EUROPE HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Deployment
12.3.2. By Component
12.3.3. By Application
12.3.4. By End User
12.4. Country
12.4.1. Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Deployment
13.3.2. By Component
13.3.3. By Application
13.3.4. By End User
13.4. Country
13.4.1. India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Deployment
14.3.2. By Component
14.3.3. By Application
14.3.4. By End User
14.4. Country
14.4.1. Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Deployment
15.3.2. By Component
15.3.3. By Application
15.3.4. By End User
15.4. Country
15.4.1. Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1. IBM
17.1.1. Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4. Company Assessment
17.1.4.1. Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Wipro Limited
17.3. Philips Healthcare
17.4. Siemens Healthineers
17.5. GE Healthcare
17.6. McKesson Corporation
17.7. Cerner Corporation
17.8. Epic Systems Corporation
17.9. Comarch SA.
17.10. Allscripts Healthcare LLC
17.11. Carestream Health
17.12. Meditech
17.13. NextGen Healthcare
17.14. NXGN Management LLC
17.15. Integrated Medical Systems
17.16. Dedalus SpA
17.17. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2. Business Trends
1.3. Hospital Information System Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Hospital Information System Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. HOSPITAL INFORMATION SYSTEM MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2. Economic
8.2.3. Social
8.2.4. Technological
9. HOSPITAL INFORMATION SYSTEM MARKET
9.1. Overview
9.2. Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
10.1. Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Deployment
10.3.1.1. Web-Based
10.3.1.1.1. By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. On-Premises
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2. Market Share (%) 2022-2032F
10.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Cloud-Based
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2. Market Share (%) 2022-2032F
10.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.2. By Component
10.3.2.1. Software
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2. Market Share (%) 2022-2032F
10.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.2. Hardware
10.3.2.2.1. By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3. Services
10.3.2.3.1. By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.3. By Application
10.3.3.1. Hospitals Information Systems
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2. Market Share (%) 2022-2032F
10.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.2. Pharmacy Information Systems
10.3.3.2.1. By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.3. Laboratory Information Systems
10.3.3.3.1. By Value (USD Million) 2022-2032F
10.3.3.3.2. Market Share (%) 2022-2032F
10.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.4. Revenue Cycle Management
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2. Market Share (%) 2022-2032F
10.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.5. Medical Imaging Information System
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2. Market Share (%) 2022-2032F
10.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.4. By End User
10.3.4.1. Hospitals
10.3.4.1.1. By Value (USD Million) 2022-2032F
10.3.4.1.2. Market Share (%) 2022-2032F
10.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.4.2. Diagnostic Centers
10.3.4.2.1. By Value (USD Million) 2022-2032F
10.3.4.2.2. Market Share (%) 2022-2032F
10.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.4.3. Academic & Research
10.3.4.3.1. By Value (USD Million) 2022-2032F
10.3.4.3.2. Market Share (%) 2022-2032F
10.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
11. NORTH AMERICA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Deployment
11.3.2. By Component
11.3.3. By Application
11.3.4. By End User
11.4. Country
11.4.1. United States
11.4.2. Canada
12. EUROPE HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Deployment
12.3.2. By Component
12.3.3. By Application
12.3.4. By End User
12.4. Country
12.4.1. Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Deployment
13.3.2. By Component
13.3.3. By Application
13.3.4. By End User
13.4. Country
13.4.1. India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Deployment
14.3.2. By Component
14.3.3. By Application
14.3.4. By End User
14.4. Country
14.4.1. Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA HOSPITAL INFORMATION SYSTEM MARKET SIZE & FORECAST 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Deployment
15.3.2. By Component
15.3.3. By Application
15.3.4. By End User
15.4. Country
15.4.1. Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1. IBM
17.1.1. Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4. Company Assessment
17.1.4.1. Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Wipro Limited
17.3. Philips Healthcare
17.4. Siemens Healthineers
17.5. GE Healthcare
17.6. McKesson Corporation
17.7. Cerner Corporation
17.8. Epic Systems Corporation
17.9. Comarch SA.
17.10. Allscripts Healthcare LLC
17.11. Carestream Health
17.12. Meditech
17.13. NextGen Healthcare
17.14. NXGN Management LLC
17.15. Integrated Medical Systems
17.16. Dedalus SpA
17.17. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION