Asia Pacific Healthcare Erp Market Size & Outlook
Asia Pacific healthcare erp market, 2016-2028 (US$M)
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Asia Pacific healthcare erp market highlights
- The Asia Pacific healthcare erp market generated a revenue of USD 1,588.3 million in 2021.
- The market is expected to grow at a CAGR of 8.1% from 2022 to 2028.
- In terms of segment, finance and billing was the largest revenue generating function in 2021.
- Inventory and material management is the most lucrative function segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2022 to 2028.
Asia Pacific data book summary
| Market revenue in 2021 | USD 1,588.3 million |
| Market revenue in 2028 | USD 2,736.8 million |
| Growth rate | 8.1% (CAGR from 2021 to 2028) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inventory and material management, Supply chain and logistics management, Patient relationship management, Finance and billing |
| Key market players worldwide | McKesson Corp, Microsoft Corp, Informa PLC, SAP SE, Oracle Corp, Sage Group (The) PLC, Odoo, Epicor Software (Formerly Solarsoft Business Systems), QAD, Aptean |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.1% of the global healthcare erp market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,736.8 million by 2028.
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Healthcare ERP Market Scope
Healthcare ERP Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific healthcare erp market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare erp market will help companies and investors design strategic landscapes.
Finance and billing was the largest segment with a revenue share of 32.63% in 2021. Horizon Databook has segmented the Asia Pacific healthcare erp market based on inventory and material management, supply chain and logistics management, patient relationship management, finance and billing covering the revenue growth of each sub-segment from 2016 to 2028.
Various factors such as rising healthcare expenditure, ineffective hospital service management, increasing workforce shortage, and growing influx of patients at various healthcare facilities are motivating governments and healthcare providers to develop new models of healthcare delivery.
Rising demand for advanced technological solutions among clinicians and healthcare professionals for delivering quality patient care and reducing operational costs is driving the adoption of ERP solutions in the region.
ERP aids in lowering costs, improving inefficiencies, and delivering better healthcare experience for physicians, patients, and administrative staff, which is expected to increase its adoption in the region. It also supports in automating workflows, which leads to updated operations, smoother processes, & accurate reporting, and offering complete visibility across departments & different locations.
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Target buyers of Asia Pacific healthcare erp market databook
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Our clientele includes a mix of healthcare erp market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific healthcare erp market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific healthcare erp market size, by country, 2016-2028 (US$M)
Asia Pacific Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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