Europe Healthcare Erp Market Size & Outlook, 2021-2028
Europe healthcare erp market, 2016-2028 (US$M)
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Europe healthcare erp market highlights
- The Europe healthcare erp market generated a revenue of USD 1,926.2 million in 2021.
- The market is expected to grow at a CAGR of 6% 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, UK is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 1,926.2 million |
| Market revenue in 2028 | USD 2,896.8 million |
| Growth rate | 6% (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, Europe region accounted for 29.2% 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 |
|---|
Europe 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 Europe 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.
Supply chain complexities, rising operational costs, and current mandates to deliver improved patient care have increased pressure on healthcare organizations to seek innovative approaches to meet these new challenges.
Adopting innovative digital technologies is crucial for healthcare providers to improve patient care, streamline operations, and increase revenue margins. This, in turn, has significantly increased adoption of healthcare ERP solutions to accomplish organizations’ aims to address back-office efficiencies, improve operational efficiency, and maintain profitability in healthcare institutions along with providing affordable patient care.
The adoption of CRM has increased in recent years owing to its benefits in organizing, managing, & coordinating care in new and creative ways. CRM solutions are anticipated to improve patient engagement and relationship management for companies looking to enhance loyalty, build a more trusted alliance, and boost patient satisfaction.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe healthcare erp market , including forecasts for subscribers. This continent databook contains high-level insights into Europe healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe healthcare erp market size, by country, 2016-2028 (US$M)
Europe Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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