China Healthcare Information System Market Size & Outlook
China healthcare information system market, 2018-2030 (US$M)
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China healthcare information system market highlights
- The China healthcare information system market generated a revenue of USD 12,535.7 million in 2023 and is expected to reach USD 34,558.0 million by 2030.
- The China market is expected to grow at a CAGR of 15.6% 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.
Healthcare information system market data book summary
| Market revenue in 2023 | USD 12,535.7 million |
| Market revenue in 2030 | USD 34,558.0 million |
| Growth rate | 15.6% (CAGR from 2023 to 2030) |
| Largest segment | Revenue cycle management |
| Fastest growing segment | Hospital Information System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 2.7% of the global healthcare information system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India healthcare information system market is projected to lead the regional market in terms of revenue in 2030.
- Indonesia is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,095.2 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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China 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 50.34% in 2023. Horizon Databook has segmented the China 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.
China is an emerging economy with lucrative growth opportunities in the market. Its growing geriatric population and associated increase in disease burden, along with improving healthcare facilities & growing healthcare expenditure, are anticipated to propel the market.
The Strengthening Information Society Research Capacity Alliance program states that the State Council requires hospitals to invest at least 5% of their revenue in HIS per year. Thus, HIS has been widely used in large hospitals in China and its adoption is spreading to other healthcare setups.
Furthermore, the announcement of National Planning Guideline for the Healthcare Service System 2015 - 2020, 5-year plan targeting key areas, is likely to propel the market. China’s healthcare system is primarily managed by the government.
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Horizon Databook provides a detailed overview of country-level data and insights on the China healthcare information system market , including forecasts for subscribers. This country databook contains high-level insights into China healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China healthcare information system market size, by application, 2018-2030 (US$M)
China Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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