HOSPITAL INFORMATION SYSTEM MARKET ANALYSIS

Hospital Information System Market, By Type (Clinical Information System, Administrative Information System, and Radiology Information System, Pharmacy Information System, and Others), By Mode of Delivery (Cloud-based and On-premise), By Component (Hardware, Software, and Services), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Nov 2024
Code : CMI5044
Pages :165
Formats :
Excel and PDF
Industry : Healthcare IT

Key Takeaways from Analyst

The rising need to manage patient health records electronically and improve efficiency of healthcare services will be a key driver for the adoption of hospital information system solutions across the world. Growing geriatric population prone to chronic diseases and increasing number of hospital admissions will further fuel demand.

High costs of deployment and maintenance of HIS especially for small and medium hospitals may restrain the market to some extent initially. Data privacy and security concerns related to sensitive patient information is another factor that could slow down sales.

The Asia Pacific region excluding Japan is anticipated to emerge as the fastest growing market due to large patient volumes, rapidly expanding healthcare infrastructure and healthcare IT spending in countries like China and India. North America will continue dominating the global hospital information system market supported by favorable government policies and hospitals focusing on upgrading legacy systems.