About Healthcare Information Software
Hospital Information Software (HIS), is intended to manage healthcare data. This data consists of systems which aid in the collection, storage, management, and transmission of a patient’s electronic medical record to a hospital’s operational management or to the decision policymaker of the health care industry. In the past several years, this software has gained tremendous popularity in hospitals and in other medical centers. An increasing number of diseases across the world is one of the major factors for the growth of HIS market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Healthcare Information Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), Siemens Healthcare (Germany), 3M Health (United States), McKesson (United States), Philips Healthcare (United States), Agfa Gevaert (Belgium), Allscripts (United States), Dell (United States), Epic Systems (United States) and NextGen Healthcare (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Merge Healthcare (United States), Neusoft (China), InterSystems (United States), Cerner (United States) and Carestream Health (United States).
Segmentation Overview
AMA Research has segmented the market of Global Healthcare Information Software market by Type (Hospital Information Software, Pharmacy Information Software and Laboratory Information Software), Application (Hospitals, Clinics and Medical Research Center) and Region.
On the basis of geography, the market of Healthcare Information Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Software will boost the Healthcare Information Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment model, the sub-segment i.e. On-premise will boost the Healthcare Information Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Wireless and Cloud Computing Software’s and Shifting Focus towards Patient-Centric Healthcare Information Systems
Market Growth Drivers:
Rising Number of Hospitals and Pharmaceuticals Globally and Increase in Demand of People for Better Quality of Healthcare Services
Challenges:
Issues Related Towards the Malfunctioning of the Hardware Part
Restraints:
High Implementation Cost of this Software and Concern Related to Misuse of the Information may Cause a Hamper to this Market
Opportunities:
Growing Investments Made By the Government Bodies and VCs in both Developing and Developing Nations and Rising Popularity of E-Prescription Is Expected To Create Greater Opportunities Worldwide
Market Leaders and their expansionary development strategies
In March 2023,Fujitsu announced the launch of a new cloud-based platform that allows users to securely collect and leverage health-related data to promote digital transformation in the medical field. The new offering represents part of Fujitsu’s ongoing efforts to contribute to the creation of a healthy society as part of its vision for “Healthy Living” under Fujitsu Uvance to create a sustainable world.
Key Target Audience
Healthcare IT service providers, Potential Investors, Software Providers, End- Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.