Market revenue in 2023 | USD 35,638.5 million |
Market revenue in 2030 | USD 114,650.8 million |
Growth rate | 18.2% (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 |
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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 54.17% in 2023. Horizon Databook has segmented the Europe 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.
European market presents potential growth opportunities for IT in the healthcare sector. Healthcare IT is growing in Europe with the aid of government policies. Digital Single Market Strategy laid by European Commission facilitates access to online services and goods all over Europe for consumer and businesses creating right conditions for digital network and services to flourish and maximize the growth potential of European economy.
In addition, EU portrayed the eHealth action plan 2014-2020, which has the strategies for eHealth development in Europe. These initiatives are expected to accelerate the growth of IT in hospitals and healthcare facilities to improve outcomes. The replacement of traditional healthcare systems with health IT infrastructure along with focus on EHR is developing in many European countries.
Few countries like Denmark, Finland, Norway, and Sweden are well advanced in implementation of electronic patient records and national network infrastructure. Governments in countries such as France and England are committed to delivering national electronic networks and medical record systems to support healthcare IT. Finland’s FinnWell Programmed aims at promoting healthcare technology development to improve the healthcare system.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hospital information system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hospital information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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