The global HIS market has seen significant growth in recent years due to the increasing need for efficient data management and the rise in demand for advanced healthcare information systems. Technological advancements, government support, and the growing popularity of telemedicine and mobile health (mHealth) have also contributed to the growth of the HIS market.
The healthcare information system (HIS) market refers to the various software and hardware solutions used to manage healthcare data and information in healthcare facilities, including hospitals, clinics, and laboratories. These systems are designed to streamline and automate various healthcare processes such as patient management, billing, scheduling, and medical record-keeping.
The HIS market is segmented based on the type of system, including electronic health record (EHR) systems, patient management systems, hospital information systems (HIS), laboratory information systems (LIS), radiology information systems (RIS), pharmacy information systems (PIS), and ambulatory care information systems (ACIS).
Geographically, the North American region dominates the HIS market, followed by Europe and the Asia Pacific region. However, the Asia Pacific region is expected to witness significant growth in the coming years due to the increasing adoption of healthcare information systems in countries such as China and India.
Overall, the HIS market is expected to continue its growth trajectory in the coming years, driven by factors such as the growing need for data-driven decision-making in healthcare, increasing government initiatives to promote digital healthcare, and the rising demand for remote healthcare services.
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Some of the prominent players profiled in the global Healthcare Information System (HIS) market include Allscripts Healthcare Solutions Inc., Cerner Corporation, Epic Systems Corporation, McKesson Corporation, NextGen Healthcare Information Systems, LLC, Athenahealth Inc., Philips Healthcare, IBM Corporation, Siemens Healthcare GmbH, and General Electric Company.
- In 2022, the software segment emerged as the leading revenue contributor in the global healthcare information systems (HIS) market. This can be attributed to the growing utilization of Electronic Health Records (EHR) and Electronic Medical Records (EMR) software by healthcare organizations. These software programs enable healthcare practitioners to effectively manage patient information, medical records, and various operational tasks such as appointment scheduling and billing. Furthermore, the increasing demand for software is driven by the focus on developing sophisticated and integrated healthcare IT systems. These advanced technologies play a vital role in reducing medical errors, improving clinical outcomes, and enhancing patient safety.
- During the forecast period, the hospitals segment is estimated to account for the biggest revenue share in the worldwide HIS market. This is due to increased need for efficient handling of patient data, medical records, and administrative tasks including appointment scheduling and invoicing. Hospitals are progressively using healthcare information technology systems such as Electronic Health Records (EHRs) and Electronic Medical Records (EMRs) to enhance patient outcomes, reduce medical mistakes, and elevate the level of care. Furthermore, the need for interoperability across healthcare providers, as well as increased demand for customized healthcare services, are likely to fuel revenue growth in this area.
- During the forecast period, the Asia Pacific market is expected to hold the largest revenue share in the global healthcare information systems (HIS) market. This can be attributed to the increasing adoption of technology and the digitalization of healthcare systems in developing nations such as China and India. The governments of these countries are making significant investments in healthcare infrastructure and promoting the use of healthcare IT systems, which are expected to drive market revenue growth in the region.
- The North America market, on the other hand, is anticipated to register the fastest revenue growth in the global HIS market during the forecast period. This can be attributed to the implementation of the Affordable Care Act (ACA) in the United States and the increasing utilization of Electronic Health Records (EHRs). Furthermore, the rising demand for high-quality healthcare services, increased healthcare spending, and the presence of significant healthcare IT solution providers are additional factors driving revenue growth in this region.
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Here are some key highlights from the report:
- On October 7, 2020, Siemens Healthcare GmbH entered into a partnership with Microsoft to develop an innovative healthcare platform that integrates clinical workflow and patient data management. This platform was specifically designed to enhance healthcare efficiency and improve patient outcomes by enabling real-time access to patient information.
- On June 14, 2019, Allscripts Healthcare Solutions Inc. successfully acquired ZappRx, a digital health company specializing in streamlining the prescription process for specialty medications. This strategic acquisition aimed to enrich Allscripts' portfolio of healthcare IT solutions and enhance the overall patient experience.
- On December 3, 2021, Allscripts introduced a new version of its Electronic Health Record (EHR) system, Sunrise. This latest version incorporates advanced features, including Artificial Intelligence (AI)-powered clinical decision support, optimized workflows, and enhanced interoperability with other healthcare IT systems. These additions aim to improve healthcare delivery, streamline processes, and facilitate seamless information exchange among healthcare providers.
- On September 22, 2020, Philips Healthcare launched the Azurion Lung Edition, a state-of-the-art medical imaging system. This innovative system leverages the power of AI and data analytics to deliver real-time guidance during lung cancer procedures. By providing precise guidance and insights, the Azurion Lung Edition enhances patient outcomes and reduces the need for follow-up procedures.
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For the purpose of this report, Reports and Data has segmented the global Healthcare Information System (HIS) market on the basis of Component Outlook, Deployment Model Outlook, End-use Outlook, and Regional Outlook:
Component Outlook (Revenue, USD Billion; 2022 - 2032)
Deployment Model Outlook (Revenue, USD Billion; 2022 - 2032)
End-use Outlook (Revenue, USD Billion; 2022 - 2032)
- Ambulatory Care Centers
Regional Outlook (Revenue, USD Billion; 2022-2032)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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