Pune, India -- (SBWIRE) -- 05/02/2019 -- Our latest research report entitled Healthcare Information System Market (by application (hospital information systems, pharmacy information systems, laboratory information systems, and others), component (hardware, software and services), deployment (web-based, on-premise and cloud-based) and end user (hospitals, diagnostic centers, research & academic institutes and others)) provides complete and deep insights into the market dynamics and growth of healthcare information system. Latest information on market risks, industry chain structure healthcare information system cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential healthcare information system growth factors. According to the report the global healthcare information system market is projected to grow at a CAGR of 11.4% over the forecast period of 2018-2024.

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Healthcare Information System Market: Insights

Healthcare information system is used for managing, capturing, storing and transmitting tremendous volume of information related to the health of individuals. Healthcare information system plays a vital role in the healthcare sector. This system supports and provides information and communication systems that help quality patient care. The healthcare information technology is the information technology used in healthcare to enhance the safety, effectiveness, and efficiency of the system, prevent medical error and reduce the healthcare cost. According to the world health organization, The HMN health information system assessment brings together country users and producers of health data to assess the strengths and weaknesses of the national health information system.

Healthcare Information System Market: Drivers and Restraints

The factor such as storing a large amount of healthcare information of patients for quickly studying patient's medical history is the key factor driving the growth of the healthcare information system market. In addition, increasing healthcare IT innovation such as the development of a mobile application that facilitates the easy exchange of healthcare information between physician and patients and growing the government funding for healthcare is propelling the growth of the market. Moreover, Surging Demand for Telehealth and mHealth solutions from a large number of smartphone users is also facilitating growth in this market. Furthermore, the increasing prevalence of chronic diseases coupled with a growing aging population is expected to have a positive impact on the healthcare information system. However, high maintenance and service cost may restrain the market growth. Going forward, growing uses of information system in healthcare will have led healthcare information system throughout the healthcare industry. Uptake of electronic systems such as electronic health record or electronic medical record and technological advancement are also creating growth opportunities for the healthcare information system market in the near future.

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Healthcare Information System Market: Regional Analysis

Among the geographies, North America dominates the healthcare information system market followed by Europe. Increase adoption of healthcare information system and increasing incidence of chronic diseases such as Pneumococcal Disease, cancer, Influenza are driving factors of this market in the North America region. In addition, growing awareness regarding the benefits of healthcare information system and growing government funding for improving the healthcare sector are fueling the growth of this market in the North America region. On the other hand, the Asia Pacific region is anticipated to grow at the highest CAGR in the healthcare information system market over the upcoming years.

Healthcare Information System Market: Segmentation

The report on global healthcare information system market covers segments such as application, component, deployment and end user. On the basis of application, the global healthcare information system market is categorized into hospital information systems, pharmacy information systems, laboratory information systems, medical imaging information system, and revenue cycle management. On the basis of component, the global healthcare information system market is categorized into hardware, software, and services. On the basis of deployment, the global healthcare information system market is categorized into web-based, on-premise and cloud-based. On the basis of end user, the global healthcare information system market is categorized into hospitals, diagnostic centers, research & academic institutes, and others.

Healthcare Information System Market: Competitive Landscape

The report provides profiles of the companies in the global healthcare information system market such as Allscripts Healthcare Solutions, Inc., athenahealth, Inc., Agfa-Gevaert N.V., Cerner Corporation, Epic Systems Corporation, GE Healthcare, Medidata Solutions, Inc., McKesson Corporation, NextGen Healthcare information systems, LLC and Siemens Healthineers.

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Reasons to Buy this Report:

- Comprehensive analysis of global as well as regional markets of the healthcare information system.

- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.