The global hospital information system market size was estimated at USD 115.0 billion in 2022 and is projected to reach USD 405.6 billion by 2030, growing at a CAGR of 17.4% from 2023 to 2030. HIS solutions are designed to help healthcare facilities enhance operational outcomes, optimize resource utilization, and reduce staff workload, making them a critical tool for improving efficiency and patient care.

The market growth is being driven by a combination of government initiatives worldwide and the rising demand for advanced IT solutions in hospitals, aimed at improving workflow efficiency and minimizing operational challenges. Healthcare organizations are increasingly adopting HIS to curb expenditures resulting from inefficiencies in hospital workflows, which in turn supports better clinical outcomes while lowering costs. As a result, the need for effective healthcare delivery and cost reduction is one of the primary factors propelling HIS adoption across both developed and emerging economies.

Both developed and developing countries face challenges in delivering high-quality, cost-effective healthcare with minimal medical errors. The implementation of HIS helps healthcare providers streamline workflows, reduce administrative burdens, and improve patient outcomes, addressing these challenges effectively. By offering cost-efficient services and reducing resource wastage, HIS solutions are helping hospitals achieve operational excellence while maintaining quality standards.

The increasing penetration of technologically advanced solutions further supports market expansion. Hospitals are progressively implementing healthcare IT services and solutions to enhance patient care while minimizing operational costs, and the need to upgrade existing systems continues to drive demand. Additionally, ongoing improvements in healthcare IT infrastructure, coupled with the growing adoption of cloud-based services, are expected to provide further momentum to the hospital information system market, making these solutions indispensable in modern healthcare facilities.

Key Market Trends Insights:

• In 2022, North America emerged as the dominant region in the global hospital information system (HIS) market, accounting for the largest revenue share of more than 43.90%. The region’s leadership is driven by the high demand for technologically advanced healthcare products in U.S. hospitals, combined with the presence of a large number of IT vendors offering innovative solutions. These factors collectively support strong regional growth and adoption of HIS technologies.

• When analyzed by type, the population health management segment led the global market in 2022, accounting for the largest revenue share of more than 49.65%. This segment’s dominance reflects the growing focus of healthcare providers on enhancing population health outcomes, reducing hospital readmissions, and implementing preventive care strategies, which rely heavily on integrated HIS platforms.

• By deployment model, the web-based segment dominated the global market in 2022, capturing the maximum revenue share of more than 41.95%. Web-based HIS solutions are increasingly preferred due to their ease of access, scalability, cost-effectiveness, and real-time data management capabilities, enabling hospitals to manage patient information and clinical workflows efficiently.

• Based on components, the software segment led the global HIS market in 2022, accounting for the largest revenue share of more than 45.50%. The dominance of software solutions highlights the critical role of advanced HIS applications in streamlining hospital operations, facilitating decision-making, and supporting improved patient care outcomes across healthcare facilities.

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Market Size Forecast:

• 2022 Market Size: USD 115.0 billion

• 2030 Projected Market Size: USD 405.6 billion

• CAGR (2023-2030): 17.4%

• North America: Largest market in 2022

Key Companies Market Share Insights:

Innovations in product offerings by key players, coupled with the entry of new participants, have intensified competition in the global hospital information system (HIS) market. Companies are focusing on developing advanced solutions, enhancing interoperability, and offering integrated healthcare IT platforms to gain a competitive edge.

For example, in December 2021, Cerner was acquired by Oracle, marking a significant consolidation in the industry. Through this acquisition, the combined expertise of the two companies aims to transform healthcare delivery by providing healthcare professionals with timely, accurate, and comprehensive information, enabling them to make better-informed treatment decisions. This strategic move underscores the growing importance of innovation, data integration, and advanced technology solutions in shaping the future of hospital information systems and improving overall patient care outcomes.

Key Players

• Carestream Health

• Siemens Healthineers

• McKesson Corp.

• Philips Healthcare

• Merge Healthcare Inc. (IBM)

• GE Healthcare

• Cerner Corp. (Oracle)

• Allscripts

• NextGen Healthcare

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Conclusion:

The global Hospital Information System (HIS) market is experiencing significant growth, driven by the increasing demand for advanced IT solutions in healthcare facilities. Key factors contributing to this growth include the need for improved operational efficiency, reduced staff workload, and enhanced patient care outcomes. Technological advancements and the adoption of cloud-based solutions are further accelerating the market expansion. North America leads the market, with the United States being a major contributor due to its high demand for technologically advanced products and the presence of numerous IT vendors. The market is also witnessing a surge in the adoption of population health management solutions, web-based deployments, and software components, reflecting the industry's shift towards integrated and efficient healthcare delivery systems.