U.S. Healthcare Erp Market Size & Outlook, 2021-2028
U.S. healthcare erp market, 2016-2028 (US$M)
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U.S. healthcare erp market highlights
- The U.S. healthcare erp market generated a revenue of USD 1,799.7 million in 2021 and is expected to reach USD 2,664.8 million by 2028.
- The U.S. market is expected to grow at a CAGR of 5.8% 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 1,799.7 million |
| Market revenue in 2028 | USD 2,664.8 million |
| Growth rate | 5.8% (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, U.S. accounted for 27.3% 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 |
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U.S. 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 U.S. 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.
Presence of developed healthcare infrastructure, increasing adoption of technology, and shift toward value-based care are among factors boosting adoption of healthcare ERP software in the country.
According to World Bank health expenditure report estimates, the U.S. allocated over 17% of its GDP toward healthcare in 2018, which is one of the key factors contributing to the availability of advanced healthcare options in the region.
Increase in the integration of AI in ERP solutions is significantly benefitting healthcare industry, with healthcare providers increasingly integrating AI technology in Electronic Healthcare Record (EHR) management system for gaining actionable insights and offering support in providing personalized patient care at lower costs.
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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 U.S. healthcare erp market , including forecasts for subscribers. This country databook contains high-level insights into U.S. healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. healthcare erp market size, by function, 2016-2028 (US$M)
U.S. Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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