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The global hospital information system market is expected to grow at a CAGR of 8.2% from 2013 to 2018. The market, valued at $17,140.6 million in 2013, is expected to reach $25,454.4 million by 2018.
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MicroMarket Monitor World’s 1st Real Time Market Intelligence Forecasts Hospital Information System Market worth $25,454.4 Million by 2018 http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
The global hospital information system market is expected to grow at a CAGR of 8.2% from 2013 to 2018. The market, valued at $17,140.6 million in 2013, is expected to reach $25,454.4 million by 2018. The hospital information system (HIS) market is segmented into EMR, CPOE, Imaging Informatics, RIS, CDSS, and CVIS. http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
Increasing adoption of integrated EMR solutions, adequate financial support from government, growing demand for administrative software among healthcare providers, and rise in the adoption of CPOE to overcome issues such as medication errors and adverse effects of drugs, are the major factors contributing to the growth of market. However, the implementation of the HIS systems is a costly affair and it takes more than a year to fully implement and configure these systems. Besides this, poor hardware infrastructures also restrain the HIS market, globally. http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
Browse through the market data tables, figures and detailed ToC on the “Hospital Information System Market”. http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
North American Hospital Information System Market North America accounted for the largest share 58.9% of the global hospital information system market in 2013. It was valued at $10,099.4 million in 2013, and is expected to reach $15,241.1 million by 2018, at a CAGR of 8.6% from 2013 to 2018. The market is mainly driven by the growing adoption of EHR, CVIS, and CDSS in the North American countries. The American government is highly supportive of the adoption of HIS. For instance, President Obama’s administration had spent $32 billion in 2012 for electronic health records. http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
In addition to this, the government is providing incentives related to health care information technology, which leads to development of infrastructure of HCIT, thus triggering the growth of the HIS market to a large extent. The major factors restricting the growth of HIS market in North America are the high costs, concerns regarding data security and safety, rigid mindset of physicians towards the use of HIS, and the shortage of trained manpower. • http://www.micromarketmonitor.com/market/north-america-hospital-information-systems-6852287110.html http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
European Hospital Information System Market • The European hospital information system market is the second largest segment in the global HIS market and is expected to grow at a CAGR of 7.7% during the period, 2013 to 2018. The market was valued at $3,993.8 million in 2013, and is estimated to grow up to $5,778.2 million by 2018. http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
Healthcare providers in the European region are undergoing consolidation; this is improving the purchasing capacity for HIS solutions in Europe. Furthermore, the increase in ageing population, and financial support from the government, are some other factors triggering the market. On the other hand, poor IT infrastructure, and insufficient technical expertise in the healthcare sector to navigate complex IT solutions are likely to restrain the market. • http://www.micromarketmonitor.com/market/europe-hospital-information-systems-1163265949.html http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
Asian Hospital Information System Market • Asia is a growing market for hospital information system, projected to grow at a CAGR of 8.6% from 2013 to 2018. The market was valued at $2,143.3 million and estimated to grow up to $3,238.3 million. The growth is attributed to the rise in demand for clinical information systems and the financial support from government in implementing EHR in healthcare industries. http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
Despite the financial support from government, scarcity of healthcare IT professionals and lack of standard protocols hinder the growth of this market. In addition, the growing concerns of delivering efficient care, to compete with the growing competition between healthcare providers, and to combat with frequent changes in the reimbursement model, has emphasized the need for hospital information systems in this region. • http://www.micromarketmonitor.com/market/asia-hospital-information-systems-6318246408.html http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
About MicroMarket Monitor MicroMarketMonitor provides deep dive insight into 5000 granular markets along with the updates. The MMM Reports are uniquely differentiated by its ecosystem analysis (value chain) analysis for each granular market. It provides pictorial methodology along with the market sizing at each market capturing all dependent markets (demand side), macro indicators (demand side), and supplyside company data.The Report Plots all the dependent cascaded market with their growth/slow down indicators, which influences revenues of the targeted market. The report provides you competitive landscape, competitive profile along with the competitive SWOT analysis. The report also provides Customer landscape identifying the top customers for the target market. It plots market landscape of the technologies, ingredients, vendors servicing the target market including the cannibalization of the prevailingtechnologies/products. http://www.micromarketmonitor.com/market-report/hospital-information-systems-reports-9475831025.html
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