Pune, India -- (SBWIRE) -- 11/13/2018 -- The main objective of this report is to define, describe, and forecast the global "Healthcare Information System" market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to report the global healthcare information system market is projected to grow at a CAGR of 11.4% over the forecast period of 2018-2024.

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Global Healthcare Information System Market: North America has amassed the growth in Healthcare Information System Market

The global Healthcare Information System market has been dominated by the North America region over the historic period 2015-16 followed by Europe.

Increase adoption of healthcare information system and increasing incidence of chronic diseases such as Pneumococcal Disease, cancer and Influenza as well as growing awareness regarding the benefits of healthcare information system in this region are the prime factor responsible for the growth of Healthcare Information System market in this region.

Moreover, growth in funding for improving healthcare sector and accessibility to drugs through online channels to boost the market for Healthcare Information System.

Increasing adoption of advanced technical infrastructure in medical facilities to boost the growth in Healthcare Information System Market

Increasing adoption of advanced technical infrastructure in medical facilities is one of the recent trends in the global Healthcare Information System market. Moreover, this trend is further anticipated to drive the global Healthcare Information System market over the forecast period.

Moreover, most of medical facilities such as hospitals, clinical laboratories and diagnostic centers are adopting advanced technical infrastructure owing to benefits such as reduction in inventory management cost and minimizing the incidence of medication errors.

Growing demand for personalized healthcare

Rise in demand for personalized healthcare is the key factor responsible for the growth of global Healthcare Information System market.

Moreover, using personalized healthcare systems such as electronic health record physicians can access digital medical records from any location.

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Leading vendors in the market are concentrating on collaborations and acquisition to develop innovative and novel solutions helping expand their penetration which is anticipated to bring more opportunities and chances of growth.

The leading companies identified in the market as Allscripts Healthcare Solutions, Inc., athenahealth, Inc. , Agfa-Gevaert N.V., Cerner Corporation, Epic Systems Corporation , GE Healthcare, Medidata Solutions, Inc. , McKesson Corporation , NextGen Healthcare Information Systems, LLC and Siemens Healthineers.

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