Sun, 29 May 2022

According to the "Hospital Information System Market" report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market.

The global hospital information system market was valued at $ 15,482.30 Million in 2020 and is projected to reach $ 44,329.80 Million by 2030 registering a CAGR of 11.00% from 2021 to 2030. A hospital information system is the information management system that is used in hospitals. Hospitals continuously generate huge amount of data which needs to be managed to ensure efficient functioning. Patients visit such establishments for outpatient care, during an emergency, or get admitted for either a short stay or for long duration.

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Surge in adoption of advanced technologies in healthcare facilities and growing usage of digital healthcare infrastructure, which helps in collecting and managing information generated by hospitals, clinics, and institutes, has enhanced efficiency and effectiveness of their services which will further drive the market growth.

The outbreak of COVID-19 has disrupted workflows in the healthcare sector across the world. The disease has forced a number of industries to shut their doors temporarily, including several sub-domains of healthcare. Moreover, there has also been a positive effect on various healthcare services, including the including hospital information system market. The 'digital front door' is really a key to how providers should be responding to the COVID-19 situation in terms of access, triage, and even treatment. With surge in demand for hospital capacity, one of the challenges faced by hospital IT staffers is figuring out how to quickly deploy EHR systems to alternative care location.

The hospital information system market is segmented on the basis of application, component, delivery model and region. Based on application, the market is divided into clinical information system, administrative information system, electronic medical record, laboratory information system, radiology information system, pharmacy information system. Based on component, the market is categorized into services and software. Based on delivery model, the market is classified into web and cloud-based and on-premise. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Benefits:

• The study provides an in-depth analysis of the global hospital information system market along with the current trends and future estimations to elucidate the imminent investment pockets.• A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.• Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.• Extensive analysis of the key segments of the industry helps to understand the application and products the market used across the globe.• Key market players and their strategies have been analyzed to understand the competitive outlook of the market.

The research offers an extensive analysis of key players active in the global Hospital Information System Market include Allscripts Healthcare, LLC (Practice Fusion), Cerner Corporation, Dedalus S.p.A. (DXC Technology), GE Healthcare, Integrated Medical Systems, Inc., Koninklijke Philips N.V. (Carestream Health), McKesson Corporation, NXGN Management, LLC (NextGen Healthcare, Inc.), Siemens Healthineers AG and Wipro Limited.

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