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Press Release:

Global Hospital Information System Market to Grow at 11.6% During 2022-2027, Spurred by Growing Integration with Advanced Technologies

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Hospital Information System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global hospital information system market size reached US$ 19.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 37.3 Billion by 2027, exhibiting a growth rate (CAGR) of 11.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

The hospital information system (HIS) refers to a digitally integrated information management system that is designed to manage healthcare data. It aids in minimizing the chances of errors by using tools, such as electronic medical records (EMR), computerized physicians order entry, laboratory information systems, pharmacy information systems and radiology information systems. This replaces the paperwork, such as patient’s health history, prescriptions, doctor’s notes and dictations, with electronically preserved data. HIS also offers enhanced operational efficiencies and data management capabilities through data analytics, collaborative care, cost management and patient health management.

 

 
 

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Significant improvements in the healthcare infrastructure across the globe are one of the key factors driving the growth of the market. Furthermore, owing to the growing demand for efficient workflow, streamlined operations, and improved storage facilities management of patient data, there is an increasing preference for HIS over paper-based manual processes. Moreover, on account of the rising number of confirmed coronavirus disease (COVID-19) cases, market players are introducing virtual care systems for remote patient monitoring and telemedicine services, which are aimed at creating a safer environment for healthcare providers. Additionally, the widespread adoption of cloud-based computing systems is providing a boost to the market growth. Various technological advancements, such as the integration of eHealth platforms, Picture Archiving and Communication System (PACS), web-based programs, radiology information systems (RIS) and software-as-a-Service (SaaS) with HIS, is also acting as another growth-inducing factor. These advancements assist in improving the overall hospital administration significantly. Other factors, including the increasing automation across the healthcare industry, along with extensive research and development (R&D) activities in the healthcare information technology (IT) sector, are projected to drive the market further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global hospital information system market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment type, system type and end-user.

Breakup by Component:

 

 
 

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  • Hardware
  • Software
  • Services
     

Breakup by Deployment Type:

  • On-premises
  • Web-based
  • Cloud-based
     

Breakup by System Type:

  • Clinical Information System
  • Administrative Information System
  • Electronic Medical Record
  • Laboratory Information System
  • Radiology Information System
  • Pharmacy Information System
  • Others
     

Breakup by End-User:

  • Hospitals
  • Insurance Companies
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Agfa-Gevaert Group. (Dedalus Holding S.p.A.), Allscripts Healthcare Solutions Inc., Carestream Health Inc. (Koninklijke Philips N.V.), Cerner Corporation, Comarch SA., Computer Programs and Systems Inc., Epic Systems Corporation (Compass Group plc), GE Healthcare Inc. (Danaher Corporation), McKesson Corporation, Medical Information Technology Inc., Nextgen Healthcare Inc., Wipro Limited, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Deployment Type, System Type, End-User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Agfa-Gevaert Group. (Dedalus Holding S.p.A.), Allscripts Healthcare Solutions Inc., Carestream Health Inc. (Koninklijke Philips N.V.), Cerner Corporation, Comarch SA., Computer Programs and Systems Inc., Epic Systems Corporation (Compass Group plc), GE Healthcare Inc. (Danaher Corporation), McKesson Corporation, Medical Information Technology Inc., Nextgen Healthcare Inc.and Wipro Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Key Questions Answered in This Report:

  • How has the global hospital information system market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global hospital information system market?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the deployment type?
  • What is the breakup of the market based on the system type?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global hospital information system market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Hospital Information System Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast 
6   Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Services
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Deployment Type
    7.1    On-premises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Web-based
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Cloud-based
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by System Type
    8.1    Clinical Information System
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Administrative Information System
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electronic Medical Record
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Laboratory Information System
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Radiology Information System
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Pharmacy Information System
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9   Market Breakup by End-User
    9.1    Hospitals
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Insurance Companies
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Indicators
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Agfa-Gevaert Group. (Dedalus Holding S.p.A.)
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
           15.3.1.3 Financials 
           15.3.1.4 SWOT Analysis
        15.3.2    Allscripts Healthcare Solutions Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials 
           15.3.2.4 SWOT Analysis
        15.3.3    Carestream Health Inc. (Koninklijke Philips N.V.)
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio 
           15.3.3.3 SWOT Analysis
        15.3.4    Cerner Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
           15.3.4.3 Financials 
           15.3.4.4 SWOT Analysis
        15.3.5    Comarch SA
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
           15.3.5.3 Financials 
        15.3.6    Computer Programs and Systems Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials 
           15.3.6.4 SWOT Analysis
        15.3.7    Epic Systems Corporation (Compass Group plc)
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
           15.3.7.3 SWOT Analysis
        15.3.8    GE Healthcare Inc. (Danaher Corporation)
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    McKesson Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
           15.3.9.3 Financials 
           15.3.9.4 SWOT Analysis
        15.3.10    Medical Information Technology Inc.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 
        15.3.11    Nextgen Healthcare Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio 
           15.3.11.3 Financials 
           15.3.11.4 SWOT Analysis
        15.3.12    Wipro Limited
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio 
           15.3.12.3 Financials 
           15.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Hospital Information System Market: Major Drivers and Challenges
Figure 2: Global: Hospital Information System Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Hospital Information System Market: Breakup by Component (in %), 2021
Figure 4: Global: Hospital Information System Market: Breakup by Deployment Type (in %), 2021
Figure 5: Global: Hospital Information System Market: Breakup by System Type (in %), 2021
Figure 6: Global: Hospital Information System Market: Breakup by End-User (in %), 2021
Figure 7: Global: Hospital Information System Market: Breakup by Region (in %), 2021
Figure 8: Global: Hospital Information System Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Hospital Information System (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Hospital Information System (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Hospital Information System (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Hospital Information System (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Hospital Information System (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Hospital Information System (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Hospital Information System (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Hospital Information System (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Hospital Information System (Web-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Hospital Information System (Web-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Hospital Information System (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Hospital Information System (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Hospital Information System (Clinical Information System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Hospital Information System (Clinical Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Hospital Information System (Administrative Information System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Hospital Information System (Administrative Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Hospital Information System (Electronic Medical Record) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Hospital Information System (Electronic Medical Record) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Hospital Information System (Laboratory Information System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Hospital Information System (Laboratory Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Hospital Information System (Radiology Information System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Hospital Information System (Radiology Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Hospital Information System (Pharmacy Information System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Hospital Information System (Pharmacy Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Hospital Information System (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Hospital Information System (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Hospital Information System (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Hospital Information System (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Hospital Information System (Insurance Companies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Hospital Information System (Insurance Companies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Hospital Information System (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Hospital Information System (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: North America: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: North America: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: United States: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: United States: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Canada: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Canada: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Asia Pacific: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Asia Pacific: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: China: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: China: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Japan: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Japan: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: India: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: India: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: South Korea: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: South Korea: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Australia: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Australia: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Indonesia: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Indonesia: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Europe: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Europe: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Germany: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Germany: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: France: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: France: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: United Kingdom: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: United Kingdom: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Italy: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Italy: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Spain: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Spain: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Russia: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Russia: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Latin America: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Latin America: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Brazil: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Brazil: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Mexico: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Mexico: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Others: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Others: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Middle East and Africa: Hospital Information System Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Middle East and Africa: Hospital Information System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Hospital Information System Industry: SWOT Analysis
Figure 90: Global: Hospital Information System Industry: Value Chain Analysis
Figure 91: Global: Hospital Information System Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Hospital Information System Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Hospital Information System Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Hospital Information System Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 4: Global: Hospital Information System Market Forecast: Breakup by System Type (in Million US$), 2022-2027
Table 5: Global: Hospital Information System Market Forecast: Breakup by End-User (in Million US$), 2022-2027
Table 6: Global: Hospital Information System Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Hospital Information System Market: Competitive Structure
Table 8: Global: Hospital Information System Market: Key Players


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