India Healthcare Erp Market Size & Outlook, 2021-2028
India healthcare erp market, 2016-2028 (US$M)
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India healthcare erp market highlights
- The India healthcare erp market generated a revenue of USD 304.0 million in 2021 and is expected to reach USD 596.6 million by 2028.
- The India market is expected to grow at a CAGR of 10.1% 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.
Healthcare erp market data book summary
| Market revenue in 2021 | USD 304.0 million |
| Market revenue in 2028 | USD 596.6 million |
| Growth rate | 10.1% (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, India accounted for 4.6% 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 Asia Pacific, China healthcare erp market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 643.1 million by 2028.
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Healthcare ERP Market Scope
Healthcare ERP Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 India 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.
Healthcare segment in the country is growing and evolving owing to rapid technological advancements and rise in the number of medical facilities across the country, leading to increasing demand for solutions to efficiently manage back-end operations, deliver improved care, and gain competitive edge.
According to an article published by Mint in July 2021, 73.0% increase in healthcare facilities was observed between 2005 and 2020 in tribal areas and 10% increase was observed in healthcare facilities across the country.
Moreover, large volume of administrative, clinical, and financial data being generated by healthcare facilities is boosting the adoption of ERP to automate and simplify processes to minimize errors.
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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 country-level data and insights on the India healthcare erp market , including forecasts for subscribers. This country databook contains high-level insights into India healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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India healthcare erp market size, by function, 2016-2028 (US$M)
India Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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