India Healthcare Information System Market Size & Outlook
India healthcare information system market, 2018-2030 (US$M)
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India healthcare information system market highlights
- The India healthcare information system market generated a revenue of USD 18,692.4 million in 2023 and is expected to reach USD 52,817.9 million by 2030.
- The India market is expected to grow at a CAGR of 16% 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 18,692.4 million |
| Market revenue in 2030 | USD 52,817.9 million |
| Growth rate | 16% (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, India accounted for 4.1% 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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India 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 79.1% in 2023. Horizon Databook has segmented the India 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 Indian healthcare information systems market is majorly driven by the growing geriatric population, increasing burden of chronic diseases, and government initiatives that support the country’s eHealth scenario.
In addition, efforts for improving healthcare infrastructure are likely to boost the market. The Government of India has undertaken various initiatives for supporting digital health. Significant investments have been made to develop healthcare IT infrastructure.
One such notable initiative is the development of Integrated Health Information Platform (IHIP). IHIP is being implemented to create standard-compliant EHRs and their integration & interoperability through a centralized platform.
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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 country-level data and insights on the India healthcare information system market , including forecasts for subscribers. This country databook contains high-level insights into India healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India healthcare information system market size, by application, 2018-2030 (US$M)
India Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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