The healthcare information software market is forecasted to grow by USD 8.75 bn during 2023-2028, accelerating at a CAGR of 5.65% during the forecast period. The report on the healthcare information software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of electronic health records, utilizing healthcare IT solutions in outpatient care facilities, and rise in prevalence of lifestyle disorders.
Technavio's healthcare information software market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
5.21%
CAGR
5.65%
Incremental Value
$8.75bn
By Application
HIS
PIS
By Deployment
On premises
Cloud based
By Geographical Landscape
North America
Europe
Asia
Rest of World (ROW)
This study identifies the increasing adoption of advanced technologies like AI in healthcare as one of the prime reasons driving the healthcare information software market growth during the next few years. Also, launch of new software services and growing number of acquisitions and partnerships will lead to sizable demand in the market.
The report on the healthcare information software market covers the following areas:
Healthcare information software market sizing
Healthcare information software market forecast
Healthcare information software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading healthcare information software market vendors that include 3M Co., ALLSCRIPTS HEALTHCARE SOLUTIONS INC., Asteres Inc., athenahealth Inc., Azalea Health Innovations Inc., Change Healthcare, Cognizant Technology Solutions Corp., Dedalus Group, ec2 Software Solutions, Epic Systems Corp., Fusion, GE Healthcare Technologies Inc., Happiest Minds Technologies Ltd., Huawei Technologies Co. Ltd., Koch Industries Inc., Koninklijke Philips N.V., McKesson Corp., Microsoft Corp., NextGen Healthcare Inc., Oracle Corp., Siemens AG, UnitedHealth Group Inc., Veradigm LLC, Wipro Ltd., and WRS Health. Also, the healthcare information software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global healthcare information software market 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 Deployment Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 HIS - Market size and forecast 2023-2028
6.4 PIS - Market size and forecast 2023-2028
6.5 Market opportunity by Application
7 Market Segmentation by Deployment
7.1 Market segments
7.2 Comparison by Deployment
7.3 On premises - Market size and forecast 2023-2028
7.4 Cloud based - Market size and forecast 2023-2028
7.5 Market opportunity by Deployment
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 Asia - Market size and forecast 2023-2028
9.6 Rest of World (ROW) - Market size and forecast 2023-2028