Persistence Market Research Released New Market Report on “Global
Market Study on Healthcare Information Systems: Asia to Witness
Highest Growth by 2019” the global
healthcare information systems market was valued at USD 35.2
billion in 2013 and is expected to grow at a CAGR of 7.1% from 2013
to 2019, to reach an estimated value of USD 53.2 billion in 2019.
Aging population and rising healthcare costs globally are playing a
major role in increasing the demand for healthcare information
systems. As a result, the market for healthcare information systems
is expected to grow at a CAGR of about 7.1% during 2013 – 2019.
Some of the key driving factors for the healthcare information
systems market are raising government initiatives, rising need for
integrated healthcare systems and increasing investment from
healthcare IT players. However, the market faces some restraints such
as lack of experienced professionals, high maintenance and service
expenses and interoperability issues. Healthcare information systems
market is also witnessing shift from manual process to computerized
process. Introduction of wireless and cloud technology,
patient-centric healthcare information systems and use of mobile
devices are some of the major trends that have been observed in the
market. Also, trends such as adoption of electronic health record and
geographic expansion by some leading players have been observed in
the global market for healthcare information systems.
North America dominates the global healthcare information system
market followed by Europe. Asia is expected to experience high
growth rate, due to the increasing demand of healthcare information
systems in emerging markets such as China and India. Increase in
aging population, increase in incidence rate of various chronic
diseases such as diabetes, chronic pain are acting as the driving
factors for healthcare information systems market in these regions.
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On the basis of application, laboratory information system has the
largest market for healthcare information systems. This segment is
expected to grow at a CAGR of about 7.7% during 2013 – 2019.
Healthcare information systems market is also segmented on the basis
of delivery mode; web based cloud based and on-premise; by
components: software, hardware and services; by geographies: North
America, Europe, Asia Pacific and Rest of the World (RoW).
Some of the companies operating in healthcare information systems
market are GE Healthcare, Philips Healthcare, McKesson Corporation
and Nextgen Healthcare Information System Inc.. GE Healthcare is one
of the leading players in healthcare information systems market.
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