# Healthcare Information Systems Market 2021 Global Leading Companies Analysis, Revenue, Trends and Forecasts 2027
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-29
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Healthcare Information Systems Market Report 2019
Meta Description: Get insights on the global healthcare information systems market, key driving factors, and future growth forecast. Purchase report now!
URL: https://financedigest.com/healthcare-information-systems-market-2021-global-leading-companies-analysis-revenue-trends-and-forecasts-2027html

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Persistence Market Research Released New Market Report on “Global Market Study on **Healthcare Information Systems**: Asia to Witness Highest Growth by 2019” the global healthcare information systems market was valued at **USD 35.2 billion** in 2013 and is expected to grow at a **CAGR of 7.1%** from 2013 to 2019, to reach an estimated value of **USD 53.2 billion in 2019.**

Aging population and rising healthcare costs [globally are playing a major role in increasing the demand](https://www.financedigest.com/global-factory-activity-weakens-as-demand-falters.html "Global factory activity weakens as demand falters") for healthcare information systems. As a result, the [market for healthcare](https://www.financedigest.com/ge-healthcare-rises-8-in-market-debut-eyes-small-deals.html "GE HealthCare rises 8% in market debut, eyes small deals") information systems is expected to grow at a **CAGR of about 7.1%** during 2013 – 2019.

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**Some of the [companies operating in healthcare information systems market](https://www.financedigest.com/primayer-case-study-relieving-the-pressure-on-water-companies-and-opening-global-markets.html "Primayer case study: Relieving the pressure on water companies and opening global markets"):**

- GE Healthcare.
- Philips Healthcare.
- McKesson Corporation.
- Nextgen healthcare [Information System](https://www.financedigest.com/the-radiology-information-systems-market-shall-be-growing-unabatedly-in-the-future.html "The Radiology Information Systems Market shall be growing unabatedly in the future") Inc.

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Some of the key driving factors for the healthcare information systems market are raising government initiatives, rising need for integrated healthcare systems and increasing [investment](https://www.financedigest.com/agnellis-exor-eyes-further-healthcare-investment-for-expansion.html "Agnellis’ Exor eyes further healthcare investment for expansion") from healthcare IT players. However, the market faces some restraints such as lack of experienced professionals, high maintenance and [service expenses and interoperability issues](https://www.financedigest.com/how-the-financial-services-industry-can-solve-the-issue-of-vulnerable-code.html "How the financial services industry can solve the issue of vulnerable code").

Healthcare information [systems market is also witnessing shift from manual process](https://www.financedigest.com/solvency-ii-pushing-existing-systems-and-processes-harder-is-not-enough-for-compliance.html "Solvency II: pushing existing systems and processes harder is not enough for compliance") to computerized process. Introduction of wireless and cloud technology, patient-centric healthcare information systems and use of mobile devices are some of the major [trends that have been observed in the market](https://www.financedigest.com/maintaining-momentum-using-trends-to-beat-the-market.html "Maintaining momentum: using trends to beat the market"). Also, trends such as adoption of electronic health record and geographic expansion by some leading players have been observed in the [global market](https://www.financedigest.com/theresa-may-brexit-and-risk-and-safe-assets-a-snapshot-of-global-financial-markets.html "Theresa May, Brexit and risk and safe assets: A snapshot of global financial markets") for healthcare information systems.

North America dominates the [global healthcare information system market](https://www.financedigest.com/liverpool-property-market-embraces-new-global-appeal-as-international-music-festival-comes-to-town.html "Liverpool property market embraces new global appeal as International Music Festival comes to town ") followed by Europe. Asia is expected to experience high growth rate, due to the [increasing demand of healthcare information systems in emerging markets](https://www.financedigest.com/from-legacy-systems-to-ctrmtechnology-how-dow-chemical-is-reacting-to-todays-volatile-energy-markets-and-increasing-visibility-into-daily-risk.html "From legacy systems to CTRMtechnology – how Dow Chemical is reacting to today’s volatile energy markets and increasing visibility into daily risk") such as China and India. Increase in aging population, increase in incidence rate of various chronic **diseases** such as diabetes, chronic pain are [acting as the driving factors for healthcare information](https://www.financedigest.com/privacy-vs-security-is-the-cybersecurity-information-sharing-act-beneficial.html "PRIVACY VS SECURITY: IS THE CYBERSECURITY INFORMATION SHARING ACT BENEFICIAL?") systems market in these regions.

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On the basis of application, laboratory information system has the largest [market for healthcare](https://www.financedigest.com/on-demand-healthcare-to-be-the-new-thing-in-the-cpp-packaging-films-market.html "On-Demand Healthcare To Be The New Thing In The CPP Packaging Films Market") information systems. This segment is expected to **[grow at a CAGR](https://www.financedigest.com/fibre-to-the-home-market-to-grow-at-a-high-14-4-cagr.html "Fibre to the Home Market to grow at a high 14.4% CAGR") of about 7.7%** during 2013 – 2019. Healthcare information [systems market](https://www.financedigest.com/marine-fire-extinguishing-system-market-comprehensive-shares-historical-trends-and-forecast-by-2028.html "Marine Fire Extinguishing System Market Comprehensive Shares, Historical Trends And Forecast By 2028") is also segmented on the basis of delivery mode; web based cloud based and on-premise; by components: software, hardware and services; by geographies: North America, Europe, Asia Pacific and Rest of the World (RoW).

Some of the companies operating in healthcare information [systems market](https://www.financedigest.com/global-precision-components-and-tooling-systems-market-assessment-and-key-insights-analyzed-till-2027.html "Global Precision Components And Tooling Systems Market Assessment and Key Insights Analyzed Till 2027") are GE Healthcare, Philips Healthcare, McKesson Corporation and Nextgen Healthcare Information System Inc.. GE Healthcare is one of the [leading players in healthcare information systems](https://www.financedigest.com/impact-of-new-cheque-clearing-system-discussed-at-leading-seminar.html "Impact of New Cheque Clearing System Discussed at Leading Seminar ") market.

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