Hospital Information Systems Market
Global Hospital Information System Market Size, Share & Trends Analysis Report by Deployment (Web-Based, On-Premises, and Cloud-Based), by Component (Hardware, Software, and Services), and by Product (Electronic Medical Record, Electronic Health Record, Laboratory Information System, Cardiology Information System, Radiology Information System, Material Management System, Clinical data Repository, HR and Payroll, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global hospital information system market is anticipated to grow at a significant CAGR of 8.3% during the forecast period. Hospital Information Systems (HIS) is a digital integrated system that is designed to manage all aspects of hospital operations such as administrative, financial, and store data for patients' medication and inventory of the medical store. There is a shift from the traditional approach of paper-based manual operations to IT-based solutions in hospital management. HIS is designed to manage all the information such as administrative and inventory functions, which allows the healthcare provider to do their work effectively. In addition, it supports managing patient profiles, processing and billing, and inventory workflow.
Impact of COVID-19 Pandemic on Global Hospital Information System Market
The COVID-19 pandemic resulted in serious damage to the economy and population health. HIS are systems that incorporate information generated by both population-based and institution-based data sources to provide information to support decision-making. The operational response to the COVID-19 pandemic required the rapid adaptation and leveraging of the capabilities of existing HIS to collect, transmit and analyze key health data in real-time that allowing organizations to understand the pandemic situation and make appropriate control measures.
Segmental Outlook
The global hospital information system market is segmented based on deployment, components, and products. Based on the deployment type, the market is segmented into web-based, on-premises, and cloud-based. Based on the component type, the market is further segmented into hardware, software, and services. based on the product type, the market is augmented into electronic medical records, electronic health records, laboratory information systems, cardiology information systems, radiology information systems, material management systems, clinical data repositories, HR and payroll, and others. The above-mentioned segments can be customized as per the requirements. Cloud-based hospital information management systems provide general cloud computing benefits such as high availability, reduced hardware maintenance, and reduced operating expenses. On-site control and maintenance are not required, so organizations with multiple locations do not need resident IT departments to manage information apps.
Global Hospital Information System Market Share by Product, 2021 (%)
The Radiology Information System Segment is Expected to Hold a Prominent Share in the Global Hospital Information System Market
Among the application segment, the radiology segment is expected to hold a significant share in the market over the forecast period. A RIS is especially useful for tracking radiology imaging orders and billing information and is often used in conjunction with PACS and VNAs to manage image archives, record-keeping, and billing. The players are launching a cloud-based operating system supporting segment growth. For instance, in December 2021, Sirona Medical, a software company founded on a deep understanding of both the practice and business of radiology, announced the launch of its cloud-native radiology operating system at the Annual Meeting for the Radiological Society of North America (RSNA). The unified workspace platform was developed based on the principle that technology, and AI, in particular, should augment the intelligence of the physician.
Regional Outlooks
The global hospital information system market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Europe is expected to have a considerable market share due to the increasing use of HIS in managing various administrative activities of hospitals. The major countries that will contribute to the market are the UK, Germany, Spain, France, and Italy.
Global Hospital Information System Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Grow at a Fastest CAGR in the Global Hospital Information System Market
Asia-Pacific is expected to be the fastest-growing region in the market. Rising demand for hospital information systems from emerging countries such as India and China coupled with an increase in geriatric population & rising prevalence of chronic diseases such as Alzheimer’s, and diabetes within the regional countries are the key factors contributing to the growth of the market. In Asia-Pacific, South Korea, Australia, and Japan have been at the forefront of the adoption of information technology in the healthcare sector whereas India, Thailand, and China are the emerging markets.
Market Players Outlook
The major companies serving the global hospital information system market include Carestream Health Inc., Cerner Corp., GE Healthcare, Greenway Health LLC, Pinnacle Technologies, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2021, Railways introduced a hospital management information system (HMIS) at its super specialty hospital located at Karbigahiya to provide a piece of integrated clinical information about patients at railway hospitals across the country. The Patna hospital has thus become the third railway hospital to have an HMIS facility.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hospital information system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Hospital Information System Market
• Recovery Scenario of Global Hospital Information System Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Hospital Information System Market by Deployment
4.1.1. Web-Based
4.1.2. On-Premises
4.1.3. Cloud-Based
4.2. Global Hospital Information System Market by Components
4.2.1. Hardware
4.2.2. Software
4.2.3. Services
4.3. Global Hospital Information System Market by Product
4.3.1. Electronic Medical Record (EMR)
4.3.2. Electronic Health Record (EHR)
4.3.3. Laboratory Information System
4.3.4. Cardiology Information System
4.3.5. Radiology Information System
4.3.6. Material Management System
4.3.7. Clinical Data Repository
4.3.8. HR and Payroll
4.3.9. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Adroit Infosystems Pvt. Ltd.
6.2. Allscripts Healthcare Solutions, Inc.
6.3. Athenahealth, Inc
6.4. Caresoft Inc.
6.5. Carestream Health Inc.
6.6. Cerner Corp.
6.7. Eclinicalworks, LLC
6.8. Epic Systems Corp.
6.9. GE Healthcare
6.10. Greenway Health LLC
6.11. Ingenious Med Inc.
6.12. Mckesson Corp.
6.13. Merge Healthcare, Inc.
6.14. Nextgen Healthcare
6.15. Philips Healthcare
6.16. Pinnacle Technologies Pvt. Ltd.
6.17. Practice Fusion, Inc.
6.18. Practo
6.19. Proemtech Infosystems Pvt. Ltd.
6.20. Siemens Healthineers
1. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
2. GLOBAL WEB-BASED HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ON-PREMISES HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CLOUD-BASED HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
6. GLOBAL HARDWARE IN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL SOFTWARE IN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL SERVICES IN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
10. GLOBAL HOSPITAL INFORMATION SYSTEM FOR ELECTRONIC MEDICAL RECORD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL HOSPITAL INFORMATION SYSTEM ELECTRONIC HEALTH RECORD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL HOSPITAL INFORMATION SYSTEM LABORATORY INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL HOSPITAL INFORMATION SYSTEM FOR CARDIOLOGY INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL HOSPITAL INFORMATION SYSTEM FOR RADIOLOGY INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL HOSPITAL INFORMATION SYSTEM MATERIAL MANAGEMENT SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL HOSPITAL INFORMATION SYSTEM CLINICAL DATA REPOSITORY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL HOSPITAL INFORMATION SYSTEM FOR HR AND PAYROLL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL HOSPITAL INFORMATION SYSTEM FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
22. NORTH AMERICAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
23. NORTH AMERICAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
24. EUROPEAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. EUROPEAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
26. EUROPEAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
27. EUROPEAN HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
32. REST OF THE WORLD HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
33. REST OF THE WORLD HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
34. REST OF THE WORLD HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
35. REST OF THE WORLD HOSPITAL INFORMATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL HOSPITAL INFORMATION SYSTEM MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL HOSPITAL INFORMATION SYSTEM MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL HOSPITAL INFORMATION SYSTEM MARKET, 2021-2028 (%)
4. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET SHARE BY DEPLOYMENT, 2021 VS 2028 (%)
5. GLOBAL WEB-BASED HOSPITAL INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL ON-PREMISES HOSPITAL INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL CLOUD-BASED HOSPITAL INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
9. GLOBAL HARDWARE IN HOSPITAL INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL SOFTWARE IN HOSPITAL INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL SERVICES IN HOSPITAL INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
13. GLOBAL HOSPITAL INFORMATION SYSTEM FOR ELECTRONIC MEDICAL RECORD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL HOSPITAL INFORMATION SYSTEM FOR ELECTRONIC HEALTH RECORD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL HOSPITAL INFORMATION SYSTEM FOR LABORATORY INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL HOSPITAL INFORMATION SYSTEM FOR CARDIOLOGY INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL HOSPITAL INFORMATION SYSTEM FOR RADIOLOGY INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL HOSPITAL INFORMATION SYSTEM FOR MATERIAL MANAGEMENT SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL HOSPITAL INFORMATION SYSTEM FOR CLINICAL DATA REPOSITORY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL HOSPITAL INFORMATION SYSTEM FOR HR AND PAYROLL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL HOSPITAL INFORMATION SYSTEM FOR OTHER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL HOSPITAL INFORMATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. US HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
24. CANADA HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
25. UK HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
26. FRANCE HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
27. GERMANY HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
28. ITALY HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
29. SPAIN HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF EUROPE HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
31. INDIA HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
32. CHINA HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
33. JAPAN HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
34. SOUTH KOREA HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
35. REST OF ASIA-PACIFIC HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD HOSPITAL INFORMATION SYSTEM MARKET SIZE, 2021-2028 ($ MILLION)
