Persistence Market Research Blog

Posts tagged ‘Healthcare Information Systems market’

Healthcare Information Systems Market to Reach US$ 53.2 Bn in 2019 owing to Increasing Requirement for Integrated Healthcare Systems

As per the latest market report published by Persistence Market Research, titled “Global Market Study on Healthcare Information Systems: Asia to Witness Highest Growth by 2019”, the global healthcare information systems market was valued at US$35.2 bn in 2013 and is predicted to reach US$53.2 bn by 2019. It is expected to expand at a CAGR of 7.10% from 2013 to 2019.

Request Sample Report: http://www.persistencemarketresearch.com/samples/2886 (more…)

Advertisements

Healthcare Information System Market to Reach US$ 53.2 Bn in 2019

New York City, New York, Dec 04, 2015: According to a recent market research report published by Persistence Market Research, the global healthcare information systems market is estimated to grow at a CAGR of 7.1% during the period between 2013 and 2019. The market for healthcare information systems was worth US$35.2 billion in 2013. The report points out that the increasing demand for better healthcare facilities will increase the valuation of the overall market to US$53.2 billion by 2019.

A healthcare information system is an integrated system used to manage, store, and transmit information related to the patient’s health. Supported with client-server architectures for processing and networking, these systems ensure safe and smooth collection and exchange of patient data between labs, hospitals, and clinics. The report points out that the rising need for integrated healthcare systems and growing investments from healthcare IT players have boosted the overall market. Various government initiatives such as The Patient Protection and Affordable Care Act in the U.S. have stressed on better healthcare facilities, which has positively impacted the global healthcare information systems market.

Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/2886

However, the report states that high maintenance and service expenses of healthcare information systems will restrain the growth of the global healthcare information systems market. Lack of experienced professionals and interoperability issues will also hamper the overall market. The healthcare information systems market has a huge potential to grow with the introduction of IT-enabled healthcare solutions for physicians. Emerging markets in Asia will boost the demand for healthcare information systems.

With wireless and cloud technology increasing in popularity, increased adoption of electronic medical records is observed in the healthcare sector. The report states that the growing usage of mobile devices and focus on patient-centric healthcare information systems have emerged as the key trends in the global healthcare information systems market.

Request Sample Report: http://www.persistencemarketresearch.com/samples/2886

On the basis of application, the report segments the global healthcare information systems market into laboratory information systems, hospital information systems, and pharmacy information systems. Laboratory information systems have dominated the overall market and are expected to grow at a CAGR of 7.7% during the period between 2013 and 2019.

The report further segments the global healthcare information systems market into components such as hardware, software, and services. On the basis of delivery mode, the market has been categorized into on-premise, cloud-based, and web-based. There has been an increased adoption of the cloud-based delivery model of late.

The report studies the global healthcare information systems market in four key regions: Europe, North America, Asia, and Rest of the World. North America is the largest market for healthcare information systems, closely followed by Europe. During the forecast horizon, Asia is expected to witness the fastest growth owing to the growing demand from countries such as China and India.

Browse Full Report: http://www.persistencemarketresearch.com/market-research/healthcare-information-systems-market.asp

The report profiles some of the key players in the global healthcare information systems market, such as GE Healthcare, Philips Healthcare, Cerner Corporation, CareStream Health Inc., Epic Systems Corporation, and Siemens Healthcare. The report mentions the products and services, financial performance, and recent developments of the key players.

Browse Full PDF: Healthcare Information Systems

Healthcare Information Systems market – Global Study on Healthcare Information Systems to 2020

Persistence Market Research Released New Market Report on “Global Market Study on Healthcare Information Systems: Asia to Witness Highest Growth by 2019” the global healthcare information systems market was valued at USD 35.2 billion in 2013 and is expected to grow at a CAGR of 7.1% from 2013 to 2019, to reach an estimated value of USD 53.2 billion in 2019.

Browse the full Global Market Study on Healthcare Information Systems: Asia to Witness Highest Growth by 2019 report at http://persistencemarketresearch.com/market-research/healthcare-information-systems-market.asp

Aging population and rising healthcare costs globally are playing a major role in increasing the demand for healthcare information systems. As a result, the market for healthcare information systems is expected to grow at a CAGR of about 7.1% during 2013 – 2019.

Some of the key driving factors for the healthcare information systems market are raising government initiatives, rising need for integrated healthcare systems and increasing investment from healthcare IT players. However, the market faces some restraints such as lack of experienced professionals, high maintenance and service expenses and interoperability issues. Healthcare information systems market is also witnessing shift from manual process to computerized process. Introduction of wireless and cloud technology, patient-centric healthcare information systems and use of mobile devices are some of the major trends that have been observed in the market. Also, trends such as adoption of electronic health record and geographic expansion by some leading players have been observed in the global market for healthcare information systems.

North America dominates the global healthcare information system market followed by Europe. Asia is expected to experience high growth rate, due to the increasing demand of healthcare information systems in emerging markets such as China and India. Increase in aging population, increase in incidence rate of various chronic diseases such as diabetes, chronic pain are acting as the driving factors for healthcare information systems market in these regions.

On the basis of application, laboratory information system has the largest market for healthcare information systems. This segment is expected to grow at a CAGR of about 7.7% during 2013 – 2019. Healthcare information systems market is also segmented on the basis of delivery mode; web based cloud based and on-premise; by components: software, hardware and services; by geographies: North America, Europe, Asia Pacific and Rest of the World (RoW).

Some of the companies operating in healthcare information systems market are GE Healthcare, Philips Healthcare, McKesson Corporation and Nextgen Healthcare Information System Inc.. GE Healthcare is one of the leading players in healthcare information systems market.

The global healthcare information systems market is segmented as follows:

Healthcare Information Systems Market, by Application

  • Hospital Information Systems

  • Pharmacy Information Systems

  • Laboratory Information Systems

 

Healthcare Information Systems Market, by Delivery mode

  • Web based technology

  • On-premise technology

  • Cloud based technology

 

Healthcare Information System Market, by Components

  • Software

  • Hardware

  • Services

 

Healthcare Information System Market, by Geography

  • North America

    • The U.S.

    • ROW

  • Asia

    • Japan

    • China

    • India

  • Europe

    • The U.K.

    • Germany

    • France

  • Rest of the World (RoW)

Tag Cloud