Asia Pacific Hospital Information System Market Size & Outlook
Asia Pacific hospital information system market, 2018-2030 (US$M)
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Asia Pacific hospital information system market highlights
- The Asia Pacific hospital information system market generated a revenue of USD 26,584.5 million in 2023.
- The market is expected to grow at a CAGR of 18.3% from 2024 to 2030.
- In terms of segment, population health management was the largest revenue generating types in 2023.
- Population health management is the most lucrative types segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 26,584.5 million |
| Market revenue in 2030 | USD 86,208.6 million |
| Growth rate | 18.3% (CAGR from 2023 to 2030) |
| Largest segment | Population health management |
| Fastest growing segment | Population health management |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electronic health record, Electronic medical record, Real-time healthcare, Patient engagement solution, Population health management |
| Key market players worldwide | Carestream Health - HCIS business, Siemens Healthineers AG ADR, McKesson Corp, Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Allscripts Healthcare, NextGen Healthcare, Merge Healthcare, Cerner Corporation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.1% of the global hospital 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 86,208.6 million by 2030.
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Hospital Information System Market Scope
Hospital Information System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific hospital 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 hospital information system market will help companies and investors design strategic landscapes.
Population health management was the largest segment with a revenue share of 48.21% in 2023. Horizon Databook has segmented the Asia Pacific hospital information system market based on electronic health record, electronic medical record, real-time healthcare, patient engagement solution, population health management covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest growing regional market. The emerging economies in this region such as the India, China, and others possess potential for growth. High demand for healthcare IT services as a result of increasing government spending on healthcare is expected to accentuate the IT market in Asia Pacific. HIS has been on an increasing demand owing to the efficient management of the clinical, financial, and the administrative aspects of a hospital.
Various hospitals in Malaysia, Japan, South Korea, and Australia have implemented these systems. The increasing healthcare expenditures in the developing Asian countries and improving healthcare infrastructure facilities with rising adoption of advancing technology to streamline the hospital workflow and cut down on the ever increasing medical costs are key drivers for the growing HIS market in the region.
Many government initiatives and supporting programs further lead to rising adoption of such technologies. For instance, in Australia, the state and the federal government are both supporting the health IT at their levels. State-level program like Health Smart and the nationwide program like Health Connect are examples of government programs undertaken to increase the integration of technology in healthcare.
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Target buyers of Asia Pacific hospital information system market databook
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Our clientele includes a mix of hospital information system market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hospital information system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hospital information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific hospital information system market size, by country, 2018-2030 (US$M)
Asia Pacific Hospital Information System Market Outlook Share, 2023 & 2030 (US$M)
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