Saudi Arabia Healthcare Information System Market Size & Outlook
Saudi Arabia healthcare information system market, 2018-2030 (US$M)
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Saudi Arabia healthcare information system market highlights
- The Saudi Arabia healthcare information system market generated a revenue of USD 3,795.8 million in 2023 and is expected to reach USD 9,006.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 13.1% 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 3,795.8 million |
| Market revenue in 2030 | USD 9,006.3 million |
| Growth rate | 13.1% (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, Saudi Arabia accounted for 0.8% 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 Middle East & Africa, South Africa healthcare information system market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,035.6 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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Saudi Arabia 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 73.23% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia’s market for health information systems is in its nascent stage. There are several challenges in the adoption of EMR or EHR in the nation. Key challenges include the lack of skilled professionals, financial barriers, legal & regulatory barriers, and technical barriers.
However, several initiatives are being undertaken by the Ministry of Health for improving health information systems in the country. For instance, the Ministry of Health collaborated with the Institute for Health Metrics and Evaluation, University of Washington to implement integrated health systems in Saudi Arabia.
Several efforts are being undertaken to set up technological systems across healthcare settings. Most of the hospitals are using hospital information systems for improving care 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 country-level data and insights on the Saudi Arabia healthcare information system market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia healthcare information system market size, by application, 2018-2030 (US$M)
Saudi Arabia Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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