Hospital Information Systems Market Analysis

Component (Software, Services)

Software segment is predicted to dominate hospital information system market share of over 72.3% by 2037, owing to the increasing need to enhance the existing healthcare infrastructure. Several key players are focused on developing advanced software and solutions. In March 2022, Medical Information Technology Inc. (MEDITECH) and Google Health joined hands to improve the clinical search and discovery of Medictech’s Expanse EHR Platform.

Deployment (Cloud-based, Web-based, On-premise)

In hospital information system market, cloud-based segment is likely to hold revenue share of more than 58.6% by 2037, owing to the swift digital shift in the healthcare sector. The cloud-based systems mitigate the excess cost associated with complex on-site IT infrastructure. This cost-effectiveness boosts the adoption of cloud-based hospital information system among small and low-budget healthcare facilities. In May 2020, Microsoft launched its first cloud system in the healthcare sector. This technology drives automation and offers high-value operational workflow in healthcare facilities.

Our in-depth analysis of the global market includes the following segments