Global Health Information System Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global health information system market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period (2022-2028). The growing adoption of electronic health records is anticipated to drive the growth of the market. According to NCBI, electronic medical record refers to an incorporation of several informational tools such as electronic prescription, decision support systems, and others that improve clinical decision making. There are several benefits associated with electronic health records and one of the major benefits is to ensure the quality of care by ensuring access to patient’s health information from different providers. Eventually, the systematic collection of patients’ health information through EHR/EMR assists the healthcare facilities to track the patient’s care episodes while providing the information for health-related decision-making.

Looking toward the demand for health management information systems, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in June 2019, the Ministry of Health and Family Welfare had launched the Health Management Information System (HMIS) portal under the digital initiative of MoHFW, in five states of India –Chandigarh, Punjab, Karnataka, Uttar Pradesh, and Tripura through a video conference conducted with the states.

Further, in December 2020, the Indian Railways had launched Hospital Management Information System to improve the quality of health services. The HMIS had been developed by Indian Railways in collaboration with RailTel Corp Ltd. The launch aimed to bring a paradigm shift in the healthcare systems maintained by Indian Railways by transparently utilizing resources. Thus, such launches are anticipated to drive the growth of the global health information system market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Component
  • By Application
  • By Deployment
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Mckesson Corp, Epic systems Corp, and Cerner Corp among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Health Information system Market Report by Segment

By Component

• Software
• Hardware

By Application

• Hospital Information System
• Pharmacy Information system
• Laboratory Information System
• Revenue Cycle Management
• Medical Imaging Information system

By Deployment

• Web-Based
• On-Premises
• Cloud-Based

By End-User

• Hospital
• Diagnostic Centers
• Academic & Research Institutes
• Others