The Growing Adoption And Demand Boost Growth Of The Global Healthcare Information Systems Market

Author : Acumen Research and Consulting

The global healthcare information systems market is segmented into application, deployment, component, end-user and region. Application based segmentation of the global healthcare information systems market is classified by hospital (electronic health record, electronic medical record, real-time healthcare, and patient engagement solution, population health management), pharmacy(prescription management, automated dispensing systems, inventory management, and others), laboratory, revenue cycle management, and medical imaging (radiology, monitoring analysis software, and picture archiving and communication systems).On the basis of deployment, the global healthcare information systems market is bifurcated into web-based, on premise, and cloud-based. On the basis of component, the global healthcare information systems market is divided into hardware, software and systems, and services. On the basis of end-user, the global healthcare information systems market is categorized by hospitals, diagnostic centers, academic and research institutes. On the basis of region the global Healthcare information systems market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

Real-time patient monitoring through digital wearable gadgets for an instance are seeing high adoption and demand. Additionally the rising consciousness amongst patients and experts with respect to e- prescriptions is also contributing in the development of this marker. These arrangements have various advantages, such as reducing inventory management costs and diminishing rate of medication errors or prescription blunders. Healthcare information systems are embraced by some key applications, a portion of which include digital security in the medical field, portable applications, biomedical informatics, tele medicine, electronic well being records (EHR), computer generated reality (VR), and counterfeit reality (AR) advancements.

In totality, expanding adoption of innovatively and technological propelled framework in hospitals, clinical laboratories, diagnostic center sand other one of the key elements expected to support the market are all driving the growth of the global healthcare information systems. It is expected that the global healthcare information systems market will grow at CAGR of 7.8% reaching a market size of USD 170.2 billion by 2026.

Here are some more points to help explain about the global healthcare information systems market:

  • North America dominated the global market in 2018.
  • The second- biggest share of the market was secured by Europe in 2018 and is projected to display a CAGR of 8.4%.
  • Some of the key players operating in the global healthcare information systems market are Cerner Corporation, NextGen Healthcare, Philips Healthcare, Care stream Health, and GE Healthcare.

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