This market research report presents detailed segmentation of the healthcare information systems market by application (hospital, pharmacy, and laboratory). It provides market shares and forecast for its key regions, including Americas, EMEA, APAC, and ROW. Key findings also include an analysis of the leading vendors such as GE, Philips, McKesson and Seimens.
Technavio’s market research analysts estimate the global healthcare information systems market to grow at a CAGR of around 8% between 2015 and 2019. Rapid advancements in healthcare technologies has led to increased adoption of healthcare information products and services. The Americas dominate the global market for informationsystems, thanks to the high adoption rate of information systems in the US. Healthcare laws such as Patient Protection and Affordable Care Act, provide affordable access to health insurance plans for American citizens through subsidies.
The new market research report from Technavio provides a breakdown and analysis of the healthcare information segments by technology.
“The vast amount of unstructured data from laboratories, pharmacists, and administrative departments has pushed the healthcare sector towards their effective handling and maintenance. This has increased the demand for advanced analytics tools that help hospitals to gain better insights from the data collected, help in decision-making and reduce the administrative expenses by convenient information sharing across various departments. Moreover, the healthcare sector is also adopting applying descriptive and predictive analytics to develop clinical and operational insights,” says Navin Rajendra, Lead Analyst, IT Services, Technavio Research.
Hospital information systems occupy the largest portion of the healthcare information system by covering around 80% of the total market. Growing demand for advanced patient and staff centric solutions to provide high-quality healthcare services at reduced costs is propelling this segment’s growth. Now-a-days, cloud- and web-based hospital information systems solutions have become popular due to increased internet penetration.
Global healthcare information systems market by application
Source: Technavio Research
The leading vendors in the global healthcare information systems market are GE, Philips, McKesson and Seimens. The healthcare information systems market is witnessing a significant number of mergers and acquisitions, and this is expected to intensify the competition in the market. Vendors are using technology to provide improved healthcare delivery models.
A more detailed analysis is available in the Technavio report, Global Healthcare Information Systems Market 2015-2019 – Market Research.
We can customize reports by other regions and specific segments upon request.
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