Asia Pacific Healthcare Information System Market Size & Outlook
Asia Pacific healthcare information system market, 2018-2030 (US$M)
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Asia Pacific healthcare information system market highlights
- The Asia Pacific healthcare information system market generated a revenue of USD 77,958.9 million in 2023.
- The market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
- In terms of segment, revenue cycle management was the largest revenue generating application in 2023.
- Hospital Information System is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Indonesia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 77,958.9 million |
| Market revenue in 2030 | USD 212,797.8 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | Revenue cycle management |
| Fastest growing segment | Hospital Information System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory Informatics, Revenue Cycle Management, Hospital Information System, Pharmacy Automation Systems, Medical Imaging Information System |
| Key market players worldwide | Agfa-Gevaert NV, Koninklijke Philips NV, Hewlett Packard Enterprise Co, McKesson Corp, Allscripts Healthcare, GE HealthCare Technologies Inc Common Stock, Oracle Corp, Epic Systems Corporation, Carestream Health - HCIS business, Siemens Healthineers AG ADR, NextGen Healthcare, NXGN, Athenahealth, Medidata, Sword Health, eClinicalWorks, Novarad, e-MDs, Ada Health, Siilo, Greenway Health, Infor |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.0% of the global healthcare information system market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 212,797.8 million by 2030.
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Healthcare Information System Market Scope
Healthcare Information System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific healthcare information system 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 information system market will help companies and investors design strategic landscapes.
Revenue cycle management was the largest segment with a revenue share of 60.77% in 2023. Horizon Databook has segmented the Asia Pacific healthcare information system market based on laboratory informatics, revenue cycle management, hospital information system, pharmacy automation systems, medical imaging information system covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest-growing regional market, with high demand for healthcare IT services, owing to increase in government spending on healthcare. Furthermore, the demand for healthcare IT systems has been increasing, as they enable efficient management of clinical, financial, and administrative aspects of hospitals.
In addition, increase in healthcare expenditure in developing Asian countries & improvement in healthcare infrastructure, owing to growth in adoption of advanced technology to streamline hospital workflow & cut down medical costs, are the key drivers of demand for IT-based healthcare solutions in this region.
Moreover, several government initiatives and supportive programs are also boosting the adoption of such technologies. For instance, in Australia, the state as well as federal government support healthcare IT at their level.
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Our clientele includes a mix of healthcare information system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific healthcare information system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific healthcare information system market size, by country, 2018-2030 (US$M)
Asia Pacific Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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