HEALTHCARE INFORMATICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Healthcare informatics refers to the application of information technology to the field of medicine to improve efficiency and accuracy of patient care. It involves the collection, storage, retrieval and use of healthcare data for clinical, research and administrative purposes. Rapid digitization and adoption of electronic health records by healthcare facilities globally can drive the healthcare informatics market growth. It enables integration of various systems such as clinical decision support, computerized physician order entry, pharmacy, laboratory, and radiology systems to provide seamless flow of patient information across departments. This improves effectiveness of care processes, minimizes medical errors and enhances patient safety.

Market Dynamics:

Global healthcare informatics market growth is driven by rising geriatric population and need for cost effective healthcare solutions. Favorable government policies and initiatives promoting digitization of healthcare can also drives the market growth. However, high costs associated with healthcare IT infrastructure and data security concerns can hamper the market growth. Growing trends of telehealth and telemedicine can offer new opportunities for market players. Adoption of advanced technologies such as cloud computing, big data analytics, and AI can disrupt conventional models providing more customized and value-based care.

Key features of the study:

• This report provides in-depth analysis of the global healthcare informatics market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global healthcare informatics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Optum, Cerner, IBM, Athenahealth, Allscripts, McKesson, Infor and Epic Systems
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global healthcare informatics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global healthcare informatics market

Detailed Segmentation-

• By Type
  
  • Hospital Informatics
  • Pharmacy Informatics
  • Laboratory Informatics
    
  • Medical Imaging Informatics 
    
• By Product
  
  • On-premise
  • Web-hosted
  • Cloud-based
• By Component
  • Software
  • Services
•  By End User
  • Hospitals
  • Specialty Clinics
  • Pharmacies
  • Academic & Research Institute
  • Insurance Companies
  • Others
• By Region           
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Cerner Corporation
  • McKesson Corporation
  • Allscripts Healthcare Solutions, Inc.
  • Epic Systems Corporation
  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthineers
  • IBM Watson Health
  • Oracle Healthcare
  • eClinicalWorks
  • Athenahealth, Inc.
  • Carestream Health
  • Agfa-Gevaert Group (Agfa HealthCare)
  • Medidata Solutions, Inc.
  • NextGen Healthcare, Inc.
  • Siemens Medical Solutions
  • Health Catalyst