UK Hospital Information System Market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023 - 2030. The market for Hospital Information System is expanding as a result of rising government spending and implementation of healthcare IT solutions. This demand is fueling the development of better Hospital Information system for the efficient management of patient data. Some of the key players in the global Hospital Information System Market include Allscripts Healthcare, LLC, Cerner Corporation, Dedalus S. p. A., GE Healthcare, Integrated Medical Systems, Inc., Koninklijke Philips N.V., McKesson Corporation, NXGN Management, LLC, Siemens Healtineers AG, and Wipro Limited.
UK Hospital Information System Market is valued at around $2.67 Bn in 2022 and is projected to reach $4.83 Bn by 2030, exhibiting a CAGR of 7.7% during the forecast period 2023-2030.
Healthcare facilities can increase operational efficiency and staff productivity with the use of Hospital Information Systems (HIS), which is predicted to boost industry expansion. The use of HIS is anticipated to increase as a result of several initiatives taken by governments throughout the world and rising demand for the implementation of modern IT solutions in hospitals for increased operational efficiency. The need to reduce healthcare costs as a result of inefficient hospital workflow is also projected to accelerate the implementation of these systems globally.
Hospital Information Systems provide cost-effective services and aid in reducing resource waste. It is also anticipated that the increased use of technologically advanced techniques will fuel industrial expansion. A major factor in the industry's growth is projected to be hospitals' increased use of healthcare IT services and solutions to deliver better patient care at lower costs, together with their growing need to modernise their current systems.
Firms like Allscripts Healthcare, LLC, Cerner Corporation, Dedalus S. p. A., GE Healthcare, Integrated Medical Systems, Inc., Koninklijke Philips N.V., McKesson Corporation, NXGN Management, LLC, Siemens Healtineers AG, Wipro Limited, are some of the major players in the Hospital Information System Market.
To reduce medication prescription errors, adverse drug events monitoring, and other medical errors, healthcare facilities like hospitals, diagnostic centres, and clinics are expressing interest in clinical decision support systems, electronic health records (EHRs), and other systems.
Increased demand for cloud-based solutions and an increase in the number of patients with chronic conditions are anticipated to drive the market for Hospital Information Systems. The lack of suitable IT infrastructure, however, and the growing worries about data privacy and cyber security may further impede market expansion.
Drivers of UK Hospital Information System Market:
Favourable Government Initiatives: The growth of the global market for hospital information systems has been significantly influenced by the rising government spending in the creation and digitalization of healthcare infrastructure.
Implementation of Healthcare IT Solutions: Increased use of healthcare IT solutions is anticipated to fuel market expansion for Hospital Information Systems.
Growing Prevalence of Chronic Diseases: With the increasing prevalence of chronic diseases, the need to manage patient data efficiently also increases. This leads to the expansion of the Hospital Information System Market.
Developments in Hospital Information System Market:
In 2022, Accenture joined AI4BetterHearts, a global data collaborative formed by Microsoft and the Novartis Foundation with the goal of assisting stakeholders ranging from policymakers to patients in making better decisions regarding heart health and improving the health of entire communities.
In 2022, SAP announced the establishment of SAP Labs Singapore, a digital innovation hub that will promote local digital talent and increase ecosystem and community involvement.
Key players
TPP (The Phoenix Partnership) System C Healthcare Cerner Corporation EMIS Health Allscripts Healthcare Solutions, Inc. InterSystems Corporation MEDITECH DXC Technology Servelec Healthcare IMS MAXIMS1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Application:
By Component:
By Delivery Mode:
Methodology for Database Creation
Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.
Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.
How Do We Get It?
Our database is created and maintained through a combination of secondary and primary research methodologies.
1. Secondary Research
With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:
With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:
2. Primary Research
To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:
Combining Secondary and Primary Research
By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:
Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.
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