The report, titled “Healthcare Information System (HIS) Market” analyzes the market’s global and regional size according to components, deployment, end user, and region. The report is comprehensive and provides a thorough historical and forecast market size along with trend analysis. The report focuses on the analysis of market share and production capacity of the leading player’s competitive overview, strategic imperatives annual sales figures opportunities for growth production overview, as well as analysis of competition for the key players analyzed within the HIS market research.
Market overview and dynamics: Demand for HIS is expected to increase during the forecast time
The global HIS market is anticipated to expand at a CAGR of about 10% during the period 2022-2028. The growing adoption of advanced technology along with the growing adoption of cloud within the healthcare sector is anticipated to drive the market for HIS. In addition, the shift towards a more patient-centered approach to healthcare management for the population is expected to further boost the growth of the market.
The global HIS market is expected to witness significant growth over the next 6 years due to the rapid advancement of technology that is occurring in the medical IT market, for instance, the application of IoT as well as AI. Additionally, the growing use of Electronic Health Records (EHR) is expected to boost increasing demand for HIS across the globe.
North America is expected to have a significant share of the global HIS market on account of the rapid use and deployment of IT services, particularly in the healthcare industry. Additionally, the established healthcare infrastructure and the strong presence of the leading HIS providers across the region are likely to drive the regional market’s growth. In the Asia Pacific, the HIS market is anticipated to witness substantial growth due to the increasing population, coupled with the growing number of patients and the rapid advancement of technology in the healthcare sector in emerging economies such as India as well as China.
Segmental Analysis
The global HIS market observes intense competition as a result of a presence of a large number of established players. Rapidly evolving healthcare facilities, data analysis in the HIS industry, increasing government funds, and initiatives from private and public sectors including Small and Medium Enterprises (SMEs) are anticipated to drive the growth of the global HIS market. Product innovations, launches, and partnerships & collaborations, and mergers & acquisitions are identified industry trends in the global HIS market. Significant consolidation is expected in the global market during the assessed period 2022-2028.
Some of the leading players involved in the production and marketing of the HIS market include Allscripts Healthcare Solutions Inc., athenahealth Inc., Agfa Gevaert Group, eClinicalWorks, Philips Healthcare, Hewlett Packard, McKesson Corp., GE Healthcare, Cerner Corp., Epic Systems Corp., Carestream Health, Novarad Corp., e-MDs Inc., Medidata Solutions Inc., Siemens Healthineers, NextGen Healthcare Inc., Ada Health GmbH, SWORD Health, Oracle Corp., and Infor among others.
RationalStat has segmented the global HIS market on the basis of components, deployment, application, end user, and region.
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About RationalStat LLC
RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the clients’ needs. Additional services offered by the company include consumer research, country reports, risk reports, procurement intelligence, data analytics, and analytical dashboards.
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