Canada Healthcare Erp Market Size & Outlook, 2021-2028
Canada healthcare erp market, 2016-2028 (US$M)
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Canada healthcare erp market highlights
- The Canada healthcare erp market generated a revenue of USD 589.9 million in 2021 and is expected to reach USD 1,012.9 million by 2028.
- The Canada market is expected to grow at a CAGR of 8% 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.
Healthcare erp market data book summary
| Market revenue in 2021 | USD 589.9 million |
| Market revenue in 2028 | USD 1,012.9 million |
| Growth rate | 8% (CAGR from 2021 to 2028) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Canada accounted for 8.9% of the global healthcare erp market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. healthcare erp market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,012.9 million by 2028.
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Healthcare ERP Market Scope
Healthcare ERP Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 Canada 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.
Canada is one of the most developed and advanced economies in the world. Canada puts more focus on medical and healthcare infrastructure than most other industries. As per the data published by Canadian Institute for Health Information in 2019, Canada spends 11.5% of GDP on healthcare.
The ERP platform functions as a centralized system that integrates data from multiple departments, which improves data visibility and allows all relevant staff to access information they require at any time. Increasing implementation of healthcare ERP for increasing effectiveness of various managerial processes to support organizational development is aiding market growth in the country.
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Our clientele includes a mix of healthcare erp market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada healthcare erp market , including forecasts for subscribers. This country databook contains high-level insights into Canada healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Canada healthcare erp market size, by function, 2016-2028 (US$M)
Canada Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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