North America Hospital Information System Market Size & Outlook
North America hospital information system market, 2018-2030 (US$M)
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North America hospital information system market highlights
- The North America hospital information system market generated a revenue of USD 57,551.8 million in 2023.
- The market is expected to grow at a CAGR of 16.4% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 57,551.8 million |
| Market revenue in 2030 | USD 166,850.6 million |
| Growth rate | 16.4% (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, North America region accounted for 43.6% 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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North America 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 56.27% in 2023. Horizon Databook has segmented the North America 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.
North America consists of the U.S. and Canada, which are developed markets for such IT solutions. High economic development, presence of advanced research centers, hospitals, medical device manufacturers, and universities are the key factors boosting the development of the market in this region.
The presence of large hospital facilities in the region is a key contributor to the growth of the market. Large hospitals and research centers such as Cleveland Clinic, St. Jude Children’s Research Hospital, John Hopkins Medicine, Mayo Clinic, University of Maryland Medical Center, and many others provide a potential growth opportunity for these systems. The rising healthcare-associated costs and need to streamline hospital workflow & improve efficiency can also be attributed to the growing market share.
Furthermore, rising adoption of IT analytics and advanced technology in healthcare as well as growing number of healthcare centers & hospitals are driving the market. For instance, North America boasts of the largest healthcare project in the world—Centre Hospitalier de l’Université de Montréal (CHUM). The hospital consists of 772 single-bed patient rooms, 39 operating theatres and 400 clinics and examination rooms. The hospital consists of various buildings that are all interconnected.
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Target buyers of North America 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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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 continent-level data and insights on the North America hospital information system market , including forecasts for subscribers. This continent databook contains high-level insights into North America hospital information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America hospital information system market size, by country, 2018-2030 (US$M)
North America Hospital Information System Market Outlook Share, 2023 & 2030 (US$M)
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