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Global Market Study on Healthcare Information Systems: Asia to Witness Highest Growth by 2019

Report Description

A healthcare information system is an extensive integrated system which captures, stores, manages and transmits information related to the health of individuals or the activities of organizations that work within the healthcare sector. These systems are supported with client-server architectures for networking and processing. Healthcare information systems ensure proper collection and exchange of patient data between hospitals, labs or clinics. Modern healthcare information technology has made it possible to have the treatment done at home with the help of home care facilities that are being offered by healthcare providers. Use of healthcare information systems helps in improving efficiency and effectiveness of the healthcare services offered to an individual. A healthcare information system is composed of various components including hardware, software and the services provided for its maintenance.

North America and Europe are dominating the global market for healthcare information systems. This is due to various factors such as increasing demand for better healthcare facilities and rising needs of integrated healthcare systems in these regions.  Asia is expected to experience high growth rate, due to various factors such as increase in aging population and increase in incidence rate of various diseases such as chronic pain, cancer. Some of the fastest growing markets for healthcare information system are China, India, Japan and the U.S.

Increasing healthcare costs, aging population and increasing prevalence of various fatal diseases such as cancer and coronary heart diseases are some of the key factors which drive the market for healthcare information systems. In order to meet the rising healthcare needs in a cost effective way, various governments and healthcare service providers are adopting healthcare information systems for medical purposes. On the other hand, lack of skilled and trained professionals, high maintenance and service expenses and interoperability issues associated are some key restraints which are inhibiting the growth of global market for healthcare information systems.

Some of the market trends that have been observed in the healthcare information systems market include increasing popularity of wireless and cloud computing and focus towards patients-centric healthcare information systems. IT enabled services for physicians and emerging markets for healthcare information systems in developing countries such as China and India are opening new opportunities for healthcare information systems market.

Some of the companies operating in healthcare information systems are GE Healthcare, Philips Healthcare, McKesson Corporation and Nextgen healthcare Information System Inc. 

The report segments the market by applications: hospital information system, laboratory information system (LIS) and pharmacy information system (PIS); by delivery mode: web based, cloud based and on-premise; by components: software, hardware and services; by geographies: North America, Europe, Asia and Rest of the World (RoW). North America region covers the scenario of the U.S. European region covers the scenario of France, Germany and the U.K. Asian region highlights the scenario of India, China and Japan. The report provides the market size and forecast for the different segments under these geographies for the period of 2009 to 2019. The report also provides porters five forces analysis of global healthcare information systems market.

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