Healthcare Information Systems Market Worth $169.2 Billion By 2025: Grand View Research, Inc.

Healthcare Information Systems Market Worth $169.2 Billion By 2025: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, November 6, 2018

SAN FRANCISCO, November 6, 2018 /PRNewswire/ --

The global healthcare information systems market size is expected to reach USD 169.2billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.7% CAGR during the forecast period. The market is majorly driven by increase in adoption of advanced technologies in healthcare facilities. Growing usage of digital healthcare infrastructure, which helps in collecting and managing information generated by hospitals, clinics, and institutes, has enhanced efficiency and effectiveness of their services. Furthermore, increase in number of patients suffering from chronic diseases and rising demand for cloud-based systems are expected to boost the market in the forecast period.

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Potential opportunities of IT in healthcare in applications such as reducing operating costs incurred while record keeping and meeting regulatory standards for privacy, as well as efficient hospital workflow management, are among other factors driving uptake. Furthermore, it is expected that these systems will, in the long run, save money and allow organizations to earn significant profits.

Growing demand for radiology information systems in diagnostic procedures has propelled the healthcare information systems market. The sophisticated database system allows medical professionals to track massive image files produced during the course of diagnosis and treatment.

Browse full research report with TOC on "Healthcare Information Systems Market Analysis Report By Application, By Deployment (Web-based, Cloud-based), By Component, By End Use (Hospitals, Diagnostic Centers), And Segment Forecasts, 2018 - 2025 at: https://www.grandviewresearch.com/industry-analysis/healthcare-information-system-market

Further Key Findings From the Report Suggest: 

Browse related reports by Grand View Research: 

Grand View Research has segmented the global healthcare information systems market on the basis of application, deployment, component, end use, and region: 

Explore the BI enabled intuitive market research database, Grand View Compass, by Grand View Research, Inc.

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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