Hospital Information System Market by 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Hospital Information System Market worth
  25,454.4 Million by 2018

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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. The hospital information system (HIS)
market is segmented into EMR, CPOE, Imaging
Informatics, RIS, CDSS, and CVIS.
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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.
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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-report
s-9475831025.html


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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 Obamas administration had
  spent 32 billion in 2012 for electronic health
  records.

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• 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-ame
  rica-hospital-information-systems-6852287110.html

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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.

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• 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-ho
  spital-information-systems-1163265949.html

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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.

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• 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-hosp
  ital-information-systems-6318246408.html

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