Russia Healthcare Information System Market Size & Outlook
Russia healthcare information system market, 2018-2030 (US$M)
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Russia healthcare information system market highlights
- The Russia healthcare information system market generated a revenue of USD 8,382.4 million in 2023 and is expected to reach USD 23,615.9 million by 2030.
- The Russia market is expected to grow at a CAGR of 15.9% 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 8,382.4 million |
| Market revenue in 2030 | USD 23,615.9 million |
| Growth rate | 15.9% (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, Russia accounted for 1.8% 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 Europe, UK healthcare information system market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 23,615.9 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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Russia 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 62.32% in 2023. Horizon Databook has segmented the Russia 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.
Healthcare settings in Russia face numerous challenges such as lack of skilled professionals & funding, high disease burden, and closing or merging of hospitals. Thus, the need for integrated healthcare system in Russia is of prime importance.
However, owing to the advantages of eHealth and telemedicine services, such as easy availability of health services, cost savings, and improvement in diagnostics & treatment services, the Russian population is ready to spend more on health and other eHealth related services.
In addition, although telemedicine in Russia is not governed by any law, it facilitates online doctors’ appointments and is regarded as a basic step toward integrated eHealth network. Thus, rising spending on healthcare IT and growing initiatives supporting eHealth are factors majorly fueling the market growth.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Russia healthcare information system market , including forecasts for subscribers. This country databook contains high-level insights into Russia healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia healthcare information system market size, by application, 2018-2030 (US$M)
Russia Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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