Hospital Information System Market

Global Hospital Information System Market:

The global hospital information system market size reached USD 27.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 58.9 Billion by 2033, exhibiting a growth rate (CAGR) of 9% during 2025-2033. The increasing adoption of electronic health records, favorable government initiatives, ongoing technological advancements, and the escalating demand for telemedicine and remote monitoring.

Hospital Information System Market Analysis:

• Major Market Drivers: Significant improvements in the healthcare infrastructure across the globe are one of the key factors driving the growth of the market. Furthermore, owing to the growing demand for efficient workflow, streamlined operations, and improved storage facilities management of patient data, there is an increasing preference for HIS over paper-based manual processes.
• Key Market Trends: The widespread adoption of cloud-based computing systems is providing a boost to the market growth. In addition to this, the increasing automation across the healthcare industry, along with extensive research and development (R&D) activities in the healthcare information technology (IT) sector, is projected to drive the market further.
• Competitive Landscape: Some of the prominent hospital information system market companies include Agfa-Gevaert Group. (Dedalus Holding S.p.A.), Allscripts Healthcare Solutions Inc., Carestream Health Inc. (Koninklijke Philips N.V.), Cerner Corporation, Comarch SA., Computer Programs and Systems Inc., Epic Systems Corporation (Compass Group plc), GE Healthcare Inc. (Danaher Corporation), McKesson Corporation, Medical Information Technology Inc., Nextgen Healthcare Inc., and Wipro Limited, among many others.
• Geographical Trends: According to the hospital information system market dynamics, North America exhibits a clear dominance in the market owing to continuous advancements in technology, including cloud computing, big data analytics, artificial intelligence (AI), and machine learning, which drive the development of sophisticated HIS solutions.
• Challenges and Opportunities: The increasing data security concerns due to sensitive medical data, and high implementation costs are hampering the market's growth. However, governments worldwide are promoting digital health initiatives, providing funding and support for HIS adoption which is further boosting the market demand.

Hospital Information System Market Trends:

Rising Prevalence of Chronic Diseases

The increasing incidence of chronic diseases is one of the significant factors driving the market growth. For instance, according to an article published by the National Council on Aging NCOA, approximately 95% of individuals aged 60 and up have at least one chronic disease, and nearly 80% have two or more. This necessitates continuous patient monitoring and comprehensive health data management, which HIS can provide. These factors are expected to propel the hospital information system market in the coming years.

Adoption of Digital Health Technologies

The increasing adoption of digital health technologies is significantly driving the growth of the Hospital Information System (HIS) market. For instance, according to IMARC, the global digital health market size reached USD 421.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 1,794.7 Billion by 2032, exhibiting a growth rate (CAGR) of 16.9% during 2024-2032. Digital healthcare solutions streamline administrative and clinical processes, reduce errors, and improve the quality of care provided to patients. This efficiency is a key driver for healthcare institutions to adopt HIS, thereby further positively influencing the hospital information system industry market.

Technological Advancements

Innovations in technology, such as artificial intelligence (AI), cloud computing, and data analytics, are enhancing the capabilities and adoption of HIS. For instance, in August 2023, HCA Healthcare Inc. and Google Cloud collaborated to aim at leveraging generative AI technology to enhance the efficiency of time-consuming tasks, including clinical documentation. This partnership enables physicians and nurses to allocate more of their valuable time and attention toward providing optimal patient care. These technologies help in better data management, patient monitoring, and operational efficiencies​, thereby boosting the hospital information system systems market revenue.

Global Hospital Information System Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global hospital information system market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on component, deployment type, system type, and end user.

Breakup by Component:

• Hardware
• Software
• Services
   

Software accounts for the majority of the global market share

The report has provided a detailed breakup and analysis of the hospital information system market based on the component. This includes hardware, software, and services. According to the report, software accounts for the majority of the global market share. 

According to the hospital information system market outlook, HIS software enables better patient management by providing real-time access to patient records, treatment history, and diagnostic data. This improves the accuracy and speed of diagnosis and treatment. Moreover, hospitals seek to streamline their operations, reduce administrative burdens, and improve resource management. HIS software automates various administrative and clinical tasks, leading to increased efficiency.

Breakup by Deployment Type:

• On-premises
• Web-based
• Cloud-based
   

Cloud-based currently exhibits a clear dominance in the market

The report has provided a detailed breakup and analysis of the hospital information system market based on the deployment type. This includes on-premises, web-based, and cloud-based. According to the report, cloud-based currently exhibits a clear dominance in the market.

According to the hospital information system market overview, cloud-based HIS reduces the need for substantial capital investment in IT infrastructure, offering a cost-effective alternative with a pay-as-you-go model. This is particularly beneficial for small and medium-sized healthcare providers. Moreover, the healthcare sector is rapidly adopting digital health solutions to improve patient care, operational efficiency, and data management. Cloud-based HIS provides a scalable and flexible platform for digital transformation. For instance, in May 2023, Fujitsu launched a cloud-based platform designed to enable users to securely gather and utilize health-related data to drive digital transformation within the medical sector.

Breakup by System Type:

• Clinical Information System
• Administrative Information System
• Electronic Medical Record
• Laboratory Information System
• Radiology Information System
• Pharmacy Information System
• Others
   

Laboratory information system holds the largest market share

A detailed breakup and analysis of the hospital information system market based on the system type has also been provided in the report. This includes clinical information system, administrative information system, electronic medical record, laboratory information system, radiology information system, pharmacy information system, and others. According to the report, the laboratory information system holds the largest market share. 

Laboratory Information System (LIS) is a software solution designed to manage and streamline the operations of a clinical or medical laboratory. It helps in automating laboratory workflows, managing data, and ensuring regulatory compliance. Additionally, the rise in the number of diagnostic tests due to growing healthcare needs, an aging population, and the prevalence of chronic diseases increases the demand for efficient laboratory management systems.

Breakup by End-User:

• Hospitals
• Insurance Companies
• Others
   

A detailed breakup and analysis of the hospital information system market based on the end user has also been provided in the report. This includes hospitals, insurance companies, and others.

Hospitals are increasingly digitizing their operations to enhance efficiency, patient care, and data management, further driving the demand for HIS. Moreover, HIS streamlines administrative processes, reduces paperwork, and optimizes resource utilization. While insurance companies require accurate and comprehensive patient data to process claims efficiently. HIS ensures that the data collected from hospitals is precise, reducing errors and discrepancies that can delay claim processing.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

North America accounts for the largest market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for hospital information systems.

According to the hospital information system market statistics, the growth in the North America region is driven by the increasing need for advanced technological solutions to enhance patient care and operational efficiency. The push towards digitalization in healthcare, aiming to improve patient outcomes and operational efficiency, is a significant driver. For instance, according to IMARC, United States digital health market size is projected to exhibit a growth rate (CAGR) of 17.30% during 2024-2032. HIS solutions are central to this transformation, enabling seamless data management and integrated care. Moreover, the need to control rising healthcare costs while maintaining quality of care is prompting hospitals to adopt HIS to streamline operations, reduce administrative overhead, and optimize resource utilization.

Competitive Landscape:

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the market include: 

• Agfa-Gevaert Group. (Dedalus Holding S.p.A.)
• Allscripts Healthcare Solutions Inc.
• Carestream Health Inc. (Koninklijke Philips N.V.)
• Cerner Corporation
• Comarch SA.
• Computer Programs and Systems Inc.
• Epic Systems Corporation (Compass Group plc)
• GE Healthcare Inc. (Danaher Corporation)
• McKesson Corporation
• Medical Information Technology Inc.
• Nextgen Healthcare Inc.
• Wipro Limited
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Hospital Information System Market Recent Developments:

• July 2024: Makueni County launched a digital heath management information system to replace antiquated manual and inefficient practices. The system will connect all healthcare facilities in the county, assuring a continuous flow of information to improve patient care, streamline operations, and increase overall efficiency.
• April 2024: Munich Re Life US and Clareto launched Automated EHR Summarizer, a new digital solution that provides an intelligent and intuitive synopsis of electronic health record (EHR) data in two formats: an easy-to-use human-readable HTML report and structured digital data for use in rules, models, and analytics.
• March 2024: The Department of Veterans Affairs and the Defense Department debuted a new, interoperable Electronic Health Record (EHR) at the Capt. James A. Lovell Federal Health Care Center (Lovell FHCC) in North Chicago.

Hospital Information System Market Report Scope:

Key Benefits for Stakeholders:

• IMARC's report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the hospital information system market from 2019-2033.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global hospital information system market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the hospital information system industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.