North America Healthcare Erp Market Size & Outlook
North America healthcare erp market, 2016-2028 (US$M)
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North America healthcare erp market highlights
- The North America healthcare erp market generated a revenue of USD 2,389.6 million in 2021.
- The market is expected to grow at a CAGR of 6.4% 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, Canada is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 2,389.6 million |
| Market revenue in 2028 | USD 3,677.7 million |
| Growth rate | 6.4% (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, North America region accounted for 36.2% 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 |
|---|
North America 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 North America 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.
ERP solutions provide support in breaking down data silos across numerous business operations, automating daily processes, and streamlining information across departments, which has led to increase in the adoption of these solutions in every industry across the region, including healthcare.
The adoption of healthcare ERP in North America can be attributed to various benefits offered by ERP software such as better utilization of resources and increasing caregiving efficiency.
An ERP tool is anticipated to replace large number of systems offering individualized services and allow health systems to be centralized & have access to integrated view of back-end business processes, including orders & purchasing, payroll, customer services, workload management & forecasting, supply chain management, and accounting. Integration of AI in ERP is further boosting market growth in the region.
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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 continent-level data and insights on the North America healthcare erp market , including forecasts for subscribers. This continent databook contains high-level insights into North America healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America healthcare erp market size, by country, 2016-2028 (US$M)
North America Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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