Global Healthcare Information Software Market Impelled by Considerable Growth In Healthcare Industry

SHERIDAN, WYOMING, UNITED STATES, August 29, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled "Healthcare Information Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global healthcare information software market size reached a value of US$ 22.6 Billion in 2021. Healthcare information software (HIS) refers to a platform that is generally used by healthcare professionals for managing medical data. This includes software that is mainly designed for collecting, storing and analyzing patient health information. Along with this, it also utilizes software solutions for handling data that are related to health providers and organizations. Some of the commonly utilized HIS platforms include patient portals, practice management software, master patient index (MPI), remote patient monitoring (RPM) system and clinical decision support (CDS). As a result, HIS aids in improving healthcare data analytics, managing cost control and offering easy access to medical data of patients and medical staff. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 31.9 Billion by 2027, exhibiting a CAGR of 5.69% during 2022-2027.

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Global Healthcare Information Software Market Trends:

The global market is primarily driven by significant growth in the healthcare industry. Since the healthcare information software provides remote access to patient's health reports and minimizes the risks of misplacement of medical records, this is providing an impetus to the market. Along with this, the increasing investments by private and public firms for upgrading the existing healthcare infrastructure are creating a positive market outlook. Moreover, continual technological advancements and the widespread deployment of modern technologies across the sector are providing a boost to the demand for HIS. In addition to this, the escalating preference for teleconsultation as a consequence of the rapid outbreak of coronavirus disease (COVID-19) has also propelled the market growth. Other factors, including rapid digitization, penetration of high-speed internet connectivity, continuous improvements in the information technology (IT) sector, continual innovations in software solutions, and extensive research and development (R&D) activities conducted by key players, are further positively influencing the market.

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Key Market Segmentation:

Competitive landscape:

The competitive landscape of the market has also been studied in the report with some of the key players

• GE Healthcare
• Siemens Healthcare
• 3M Health
• McKesson
• Philips Healthcare
• Agfa Gevaert
• Allscripts
• Dell
• Epic Systems
• NextGen Healthcare
• Merge Healthcare
• Neusoft, InterSystems
• Cerner
• Carestream Health and Meditech

Breakup by Development Model:

• On-Premise
• Cloud

Breakup by Application:

• Hospitals
• Clinics
• Medical Research Centres
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
• Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here

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