Global Clinical IT Systems Market Overview:
Clinical information system (CIS) is refers to computer aided system that systematizes, stores and double checks all the medical information of patient. It is most prominently designed to provide as well as increase clinical quality and care for each patient every time. This system replace paper charts in the form of electronically preserved data including patient health history, prescriptions, doctor's notes and dictation and all other information of patient. CIS decreases the probability of mistakes because it is essential to enter the exact information of patient. Some of the players profiled in the study are GE Health care (United States), Infermed (United Kingdom), Cerner Corporation (United States), Thermo Fisher Scientific Inc. (United States), Surgical Information Systems LLC. (United States), Theradoc (United States), iMDsoft (United States), Accenture (Ireland), Allscipts (United States) and Eclinicalworks (United States).
On the basis of geography, the market of Clinical IT Systems 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). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Delivery Model, the sub-segment i.e. On-Premises will boost the Clinical IT Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospital will boost the Clinical IT Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Government Support for Clinical IT Systems
- Rising Number of State of Art Healthcare Facility Centers across the Globe
Influencing Trend
- Growing Demand of CIS Such As Advanced Voice Recognition
- Up Surging Demand for E-Health Records
Restraints
- High Installation and Maintains Cost
- Lack Of Awareness about Clinical IT Systems
Opportunities
- Technological Advancement in IT Systems
- Emerging Markets for Clinical IT Systems
Challenges
- Changing Preferences with Changing Technology
On 25th October 2018, Thermo Fisher Scientific Inc., the world leader in serving science has acquired Advanced Bioprocessing business from BD, a leading global medical technology company. The deal is established for 477 million dollars. and On 28th June 2018, Thermo Fisher Scientific Inc. the world leader in serving science, and Roper Technologies, Inc., a leading diversified technology company has acquired Gatan, Inc., a leading manufacturer of instrumentation and software used to enhance and extend the operation and performance of electron microscopes. The deal was established for 925 million dollars in cash.
Target Audience:
Clinical Institutions/Providers, Clinical IT Service Providers, Venture Capitalists, Government Bodies, Corporate Entities, Accountable Care Organizations, Government and Private Research Organizations and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Clinical IT Systems market on the basis of product [Hardware, Software and Services] , application [Computerized Physician Order Entry (CPOE) System, Laboratory Information System (LIS), Radiology Information System (RIS), Pharmacy Information System (PIS), Picture Archiving and Communication System (PACS) and Electronic Medical Records (EMR) System], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Clinical IT Systems market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Clinical IT Systems industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are NEXTGen (United States), GreenWay (United States), athenahealthy, Inc. (United States), Practice Fusion, Inc. (United States), Iatric Systems, Inc. (United States) and Allegro CTMS (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Clinical IT Systems market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.