North America Healthcare Information System Market Size & Outlook
North America healthcare information system market, 2018-2030 (US$M)
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North America healthcare information system market highlights
- The North America healthcare information system market generated a revenue of USD 241,507.6 million in 2023.
- The market is expected to grow at a CAGR of 12% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 241,507.6 million |
| Market revenue in 2030 | USD 533,670.6 million |
| Growth rate | 12% (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, North America region accounted for 52.7% 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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North America 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 71.8% in 2023. Horizon Databook has segmented the North America 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.
North America consists of the U.S. and Canada, which are developed markets for IT solutions. High economic development and the presence of hospitals, advanced research centers, universities, & medical device manufacturers are among key factors boosting market growth in this region.
The presence of well-established health settings in this region is a key contributor to the growth of the market. Large hospitals and research centers, such as Cleveland Clinic, University of Maryland Medical Center, John Hopkins Medicine, St. Jude Children’s Research Hospital, and Mayo Clinic create potential growth opportunities in terms of healthcare IT services for market players.
Increase in healthcare-associated costs and the need to streamline hospital workflow & improve efficiency are also contributing to the growth in market share. Furthermore, increase in the adoption of IT analytics and advanced technology in healthcare is driving the market.
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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 North America healthcare information system market , including forecasts for subscribers. This continent databook contains high-level insights into North America healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America healthcare information system market size, by country, 2018-2030 (US$M)
North America Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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