Market revenue in 2023 | USD 50,990.3 million |
Market revenue in 2030 | USD 150,234.2 million |
Growth rate | 16.7% (CAGR from 2023 to 2030) |
Largest segment | Population health management |
Fastest growing segment | Population health management |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 57.94% in 2023. Horizon Databook has segmented the U.S. 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.
U.S. is the biggest market for HIS. The region experiences a growing demand for increasing implementation of various IT services and solutions in the healthcare sector. Advancing technology offers a more effective way of operating the hospital processes and administration.
The government initiatives further strengthen the market growth in the region with accelerated adoption of these hospital IT systems in various healthcare centers and institutions. The Health Information Technology for Economic and Clinical Health Act (HITECH) was enacted as the part of the American Recovery and Reinvestment Act of 2009. It aimed at promoting the adoption of the health information technology (IT).
Furthermore, the Meaningful Use (MU) directives for the use of certified EHR lead to the complete adoption of EHR in healthcare. The region also has a large number of hospitals and healthcare centers that would require these IT solutions for reducing the rapid increasing healthcare costs.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. hospital information system market , including forecasts for subscribers. This country databook contains high-level insights into U.S. hospital information system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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