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Rising Demand For Advanced Healthcare Facilities To Propel Global Healthcare Information System Market To US$53.2 Bn By 2019

|Includes: Meridian Resource Corp. (TMR)

Transparency Market Research (TMR), a market intelligence and research firm, has published a research study on the global market for healthcare information systems, titled "Healthcare Information System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019".The research report states that the worldwide global healthcare information system market stood at US$35.1 bn in 2013. Expanding at a CAGR of 7.10% during the period from 2013 to 2019, the market is expected to reach US$53.2 bn by the end of the forecast period.

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According to the market study, the rise in the demand for advanced medical and healthcare facilities, coupled with the increasing investments in the field of healthcare IT, has fueled the global healthcare information system market to a great extent. Additionally, various initiatives encouraging healthcare IT have been taken up by several governments across the globe, which is likely to propel this market extensively over the forecast period.

On the other hand, the dearth of experienced professionals and high cost associated with healthcare IT services are hindering the global market, states the research report.The research report analyzes the worldwide healthcare information system market on the basis of component, application, and delivery mode. Based on the component, the global market is segmented into the markets for services, software, and hardware. Web-based delivery, cloud-based delivery, and on-premise delivery are the three modes of delivery utilized in the worldwide healthcare information system market.

On the basis of application, the market report classifies the global market for healthcare information systems into the markets for hospital information systems (NYSE:HIS), laboratory information systems (LIS), and pharmacy information systems (PIS). Among these, the market for HIS has occupied the leading position at present. Analysts expect this market segment to rise at a CAGR of 6.90% during the forecast period, states the report.

The global market for healthcare information systems is segmented into North America, Asia, Europe, and the Rest of the World. The market for healthcare IT in North America leads the global market, notes the market study. Further, it states that Asia is posting the fastest growth rate among all the regional markets. The rising adoption of wireless and cloud computing in the key markets in North America (the U.S.) and Asia (India, China, and Japan) has resulted in reduced cost of operation, which is eventually stimulating the healthcare information system market extensively in these regions.

Browse the full Healthcare Information System Market Report at

McKesson Corp., Philips Healthcare, GE Healthcare, Agfa Gevaert, Carestream Health Inc., Siemens Healthcare, Cerner Corp., Epic Systems Corp., Merge Healthcare Inc., NextGen Healthcare Information Systems Inc. are the key companies operating in the global healthcare information system market, mentioned in this report.