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Hospital Information Systems Market Analysis Report 2025: Focus on EHR, CDSS, Specialty, Diagnostic, Pharmacy, Quality, SCM, PHM, RCM, Data Analytics, Telehealth - Global Forecast to 2030

1. Global hospital information systems market projected to reach $116.75 billion by 2030. 2. CAGR of 10.6% driven largely by government initiatives and healthcare spending. 3. Telehealth segment led the market, reflecting a shift towards remote healthcare solutions. 4. Asia Pacific to experience highest growth, bolstered by government support and tech adoption. 5. Key opportunities in cloud-based solutions and AI integration enhancing market dynamics.

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Why Bullish?

The anticipated significant growth of the hospital information systems market suggests increased demand for related services, which may drive PHM's value upward, similar to past health tech expansions. Historical performance indicates stocks like PHM benefited from robust industry growth rates, especially during tech adoption phases.

How important is it?

The article presents significant insights into the healthcare technology space, which directly relates to PHM's offerings, thus signaling potential positive implications for future pricing and market positioning.

Why Long Term?

As the market evolves over the next five years, sustained growth in health technology presents ongoing opportunities for PHM. For instance, the transition to electronic health records led to multi-year stock performance enhancements in companies adapting early.

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Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Hospital Information Systems Market by Component (Service, Software), Product Type (EHR, CDSS, Specialty, Diagnostic, Pharmacy, Quality, SCM, PHM, RCM, Data Analytics, Telehealth), Deployment (on-Premises, Cloud-Based), Region - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering. The global hospital information systems market is projected to reach USD 116.75 billion by 2030 from USD 63.80 billion in 2024, at a CAGR of 10.6% from 2024 to 2030. This report provides essential insights for both market leaders and new entrants, offering revenue estimations, a clear view of the competitive landscape, and guidance on strategic positioning. It includes a detailed analysis of market drivers, restraints, opportunities, and challenges, along with insights into product development and innovation, such as new technologies and upcoming launches. The report also presents comprehensive regional market development trends, market diversification opportunities through new products, untapped geographies, and investments, and a competitive assessment of key players, focusing on market shares and growth strategies. This growth is largely driven by government initiatives such as financial incentives from Medicare and Medicaid, including the NY Medicaid EHR Incentive Program offering up to USD 63,750 over six years, which significantly accelerates EHR implementation. Regulatory mandates like HIPAA, GDPR, and the Information Blocking Rule necessitate robust data security measures, prompting continuous system upgrades. Furthermore, initiatives such as the 2024-2030 Federal Health IT Strategy are expanding broadband and connected technology in underserved areas, fostering sustained market growth. Leading companies in the hospital information systems market include Epic Systems Corporation, GE HealthCare, UnitedHealth Group, Medical Information Technology, Veradigm LLC, TruBridge, Altera Digital Health Inc., athenahealth, Koninklijke Philips N.V., Oracle, Siemens Healthineers AG, among others. Telehealth & telemedicine segment dominated the hospital information systems market in 2023 Telehealth & telemedicine lead the market, spurred by the need to mitigate hospital-acquired infections and chronic diseases. Increasing cases of infections and chronic conditions such as cardiovascular disease, obesity, and diabetes necessitate remote monitoring, reducing readmissions and managing patient risks. In the US, high healthcare costs prompt a shift towards telehealth as a cost-effective alternative to traditional care. These solutions integrate advanced analytics, optimize resource allocation, and enable virtual consultations, driving innovation in the HIS landscape. Asia Pacific to witness the highest growth rate during the forecast period The Asia Pacific region is expected to experience the highest growth due to improved healthcare infrastructure, technology adoption, and government support. Efforts by the National Accreditation Board for Hospitals (NABH) in India, introducing standards for HIS and EMR, have augmented demand for healthcare technology solutions. Launched in September 2023, these standards have already resulted in 275 hospitals applying for certification, with 100 successfully certified, thus strengthening the market for hospital information systems. Report AttributeDetailsNo. of Pages463Forecast Period2024 - 2030Estimated Market Value (USD) in 2024$63.8 BillionForecasted Market Value (USD) by 2030$116.75 BillionCompound Annual Growth Rate10.6%Regions CoveredGlobal Market Dynamics Drivers Increasing Adoption of Electronic Health Records (Ehrs) in Hospitals & ClinicsIncreasing Emphasis on Collaborative CareIntegrating Data Analytics into His to Boost Patient Care, Operational Efficiency, and Decision-MakingRegulatory Guidelines to Propel His AdoptionRising Imperative to Control Surging Healthcare Expenditures Challenges Privacy and Security ConcernsDesign, Development, and Maintenance of HisShortage of Skilled IT Professionals Opportunities Increasing Benefits of Cloud-based SolutionsRising Integration of AILeveraging Mhealth InnovationGrowth in Emerging Economies Industry Trends Unified Data Integration and Collaborative Care ModelsCloud-based Solutions and Digital TransformationAdvanced Analytics and AI Integration Case Studies Enhancing Patient Care with Meditech ExpanseDigitizing Psychology Services for Better Care at LhchGranger Medical Clinic's Path to Efficient Healthcare Operations Company Profiles Epic Systems CorporationOracleKoninklijke Philips N.V.Unitedhealth GroupGE HealthcareMedical Information Technology, Inc.Veradigm LLCTrubridgeAltera Digital Health Inc.MedhostAdvancedmd, Inc.IqviaAthenahealth, Inc.Compugroup MedicalEclinicalworksNxgn Management, LLCInovalonDedalus S.P.A.Siemens Healthineers AGComarch SASolventumConifer Health Solutions, LLCMocdocKarexpert, Inc.Napier Healthcare Solutions Pte. Ltd.Kranium Healthcare Systems (P) Ltd. For more information about this report visit https://www.researchandmarkets.com/r/k5qiuf About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Hospital Information Systems Market Hospital Information Systems Market Hospital Information Systems Market

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