U.S. Healthcare Information System Market Size & Outlook
U.S. healthcare information system market, 2018-2030 (US$M)
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U.S. healthcare information system market highlights
- The U.S. healthcare information system market generated a revenue of USD 213,770.9 million in 2023 and is expected to reach USD 469,868.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 11.9% 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 213,770.9 million |
| Market revenue in 2030 | USD 469,868.4 million |
| Growth rate | 11.9% (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, U.S. accounted for 46.7% 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 North America, U.S. healthcare information system market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 15,300.2 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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U.S. 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 72.78% in 2023. Horizon Databook has segmented the U.S. 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 U.S. is one of the most important economies in terms of healthcare information systems. The country has been experiencing growth in terms of implementation of various IT services and solutions in the healthcare sector. Technologically advanced products offer a more effective way of operating hospital processes and administration.
The enactment of laws and legislations to increase the adoption of EHRs is an important factor boosting market growth. In addition, with a view to promote the adoption of health IT, the Health Information Technology for Economic and Clinical Health Act was passed in 2009.
Government initiatives have further boosted the market in the country by accelerating the adoption of hospital IT systems in various healthcare centers and institutions. The need for developing integrated healthcare systems is rising in the country owing to rise in geriatric population, increase in chronic disease burden, and high healthcare expenditure.
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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 U.S. healthcare information system market , including forecasts for subscribers. This country databook contains high-level insights into U.S. healthcare information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. healthcare information system market size, by application, 2018-2030 (US$M)
U.S. Healthcare Information System Market Outlook Share, 2023 & 2030 (US$M)
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