Healthcare Information Systems Market - Forecast(2021 - 2026)

 Healthcare Information System Market Overview

The Healthcare Information System Market size is estimated to reach $180.2 Billion by 2025, growing at a CAGR of 7.1% during the forecast period 2020-2025. Health Information Systems are designed to store patient-related data and analyze it to provide the correct diagnosis. This system is designed to provide and improve clinical quality and care for each patient every time. However, the growing ageing population, increasing disposable income and improved healthcare facilities is set to drive the market growth during the forecast period 2020-2025.


Healthcare Information System Market Report Coverage

The report: “Healthcare Information System Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Healthcare Information System Market. 
By Product Type: Electronic Health Record, Electronic Medical record, Clinical Decision Support, E- prescribing, Personal Health Record, Patient engagement solution, population health management, Payer-based Health Record.
By Application Type: Clinical Repository, Immunization Database, Retail Pharmacy Order creation facilitators, Billing, Claims & Reimbursement, Adverse Events Reporting, Inventory management, and Materials Management.
By Delivery Type:  Cloud-based, web-based, on-premise.
By End User Type: Hospitals, Pharmacy, Diagnostic centers and Clinics.
By Geography: North America, Asia-Pacific, Europe, and Rest of the World.


Key Takeaways

  • Geographically, The North America market has the highest market share in 2019. This is owing to Healthcare reforms, better healthcare facilities and large private investment in the Healthcare market in the region.
  • The factors such as increasing use of electronic health record system by the healthcare providers have attributed massively towards the growth of healthcare information system market. In emerging nations restrains the growth of the market during the forecast period 2020-2025

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  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Healthcare Information System Market.

Healthcare Information System Market Segment Analysis - By Product Type

Based on Product Type, Healthcare Information System Market is segmented into Electronic Health Record(HER), Electronic Medical record, Clinical Decision Support, E- prescribing, Personal Health Record, Patient engagement solution, population health management, Payer-based Health Record. Electronic Health Record segment holds the largest share in terms of revenue in 2019. This is owing to increasing investments in the healthcare information exchange systems and Rising adoption of EHR system by the healthcare providers. Population health management segment is set to be the fastest-growing CAGR 7.7% during the forecast period 2020-2025. This is owing to increasing health system ability and increase in cost-effectiveness and enhances patient engagement in the Population healthcare management system.


Healthcare Information System Market Segment Analysis - By Delivery Type

Based on Delivery type, Healthcare Information System Market is segmented into Cloud-based, Web-based and on-premise and others. Cloud-based deployment held the largest share in 2019 this is owing to various healthcare organizations are looking forward to optimizing workflow by installing cloud-based solutions.  Which are known for their greater accessibility, better security, and cost-effectiveness. The Web-based technology is set to be the fastest-growing CAGR during the forecast period 2020-2025. This is owing to increase in awareness in patients about web-based technologies which is cost-effective for taking care of patients.

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