Europe Healthcare Information System Market Size & Outlook
Europe healthcare information system market, 2018-2030 (US$M)
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Europe healthcare information system market highlights
- The Europe healthcare information system market generated a revenue of USD 100,813.7 million in 2023.
- The market is expected to grow at a CAGR of 14.4% 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, Russia is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 100,813.7 million |
| Market revenue in 2030 | USD 258,955.3 million |
| Growth rate | 14.4% (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, Europe region accounted for 22.0% 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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Europe 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 60.4% in 2023. Horizon Databook has segmented the Europe 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.
The European healthcare information technology market is majorly driven by increase in the need for integrated health systems due to growth in geriatric population and the subsequent increase in chronic disease burden as well as increase in the number of initiatives supporting eHealth.
The European market presents favorable growth opportunities for IT in the healthcare sector. In addition, EU has portrayed the eHealth action plan 2014-2020, which has strategies for the development of eHealth in Europe. These initiatives are expected to accelerate growth in the usage of IT systems in hospitals and other healthcare facilities to improve patient care and delivery.
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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 Europe healthcare information system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe healthcare information system market size, by country, 2018-2030 (US$M)
Europe Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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