Global Hospital Information Systems Market (2021 to 2027) – by Component, Deployment, Type and Region – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The report “Global Hospital Information System Market By Component, By Deployment, By Type, By Regional Outlook, Industry Analysis Report, and Forecast, 2021 – 2027” has been added to from ResearchAndMarkets.com offer.

The global hospital information systems market size is expected to reach USD 79.7 billion by 2027, with the market growing at 5.4% CAGR during the forecast period.

A hospital information system (SIS) is a subset of healthcare informatics that focuses on hospital management. In various implementations, an HIS is a comprehensive, integrated information system designed to manage all aspects of a hospital’s operations, such as medical, financial, administrative, and legal complications, and related service processing. A hospital information system (HIS) is sometimes called a hospital management system or hospital management software (HMS). Doctors use hospital information systems to arrange visits because they are an excellent source of information related to a patient’s medical history. The system must protect the data and control who has access to it in certain situations.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic has disrupted business operations in various business sectors. This is due to the imposition of various regulations by governments around the world to curb the spread of the virus. However, the health sector has been positively impacted by the pandemic. The growing prevalence of COVID-19 has forced hospitals to use information systems to reduce the load.

Moreover, the continuous efforts for health informatics solutions have pushed even further the use of various modern information systems in emerging countries. To reduce exposure, the COVID-19 pandemic aims to improve the level of automation and digitization in healthcare facilities.

Market Growth Factors:

Improved recoverability and data security

Maintaining records in a hospital setting is a necessary measure with two challenges: keeping the data secure with only authorized personnel having access to it, and retrieving it as soon as possible. In addition to these constant problems of space limitation, protection of natural elements, prevention of insects, etc., the demand for various advanced solutions is expected to surge in the coming years. HIS is the ideal solution to these problems. All data is stored securely on a server or in the cloud. Since HIS is login-centric, data security is no longer an issue, as data access is granted based on the job of the person, including receptionist, doctor, nurse, radiologist, etc.

Improved accuracy and increased efficiency

Processes that are automated using software will be managed mechanically without the need for human interaction, resulting in immediate increased efficiency. The program will not experience human problems such as exhaustion, misunderstanding or lack of attention; he will complete every job entrusted to him with the same precision day after day. Since HIS operations are automated and many activities are outsourced to software to be performed with utmost precision with minimal human involvement, the possibility of error is greatly minimized.

Marketing Restriction Factor:

The increase in the number of regulatory compliances

The healthcare sector contains a lot of sensitive data, which must be protected by various regulations and compliances such as the American law HIPAA (Health Insurance Portability and Accountability Act). Data discovery issues and low data quality make it more problematic to perform necessary audits and meet regulatory needs and prevent many data providers from using it for the benefit of their patients. Many governments around the world are increasingly developing strategies and policies to keep track of patient data security. It is the mandate of hospitals to uphold this compliance in order to prevent data breaches.

Scope of the study

Market Segments Covered in the Report:

By component

  • Software

  • Equipment

  • Services

Per deployment

  • web-based

  • On the site

  • Cloud-based

By type

  • Electronic health record

  • Patient Engagement Solution

  • Population Health Management

  • Electronic medical record

  • Real-time health

By geography

  • North America

  • we

  • Canada

  • Mexico

  • Rest of North America

  • Europe

  • Germany

  • UK

  • France

  • Russia

  • Spain

  • Italy

  • The rest of Europe

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Rest of Asia-Pacific

  • LAMEA

  • Brazil

  • Argentina

  • United Arab Emirates

  • Saudi Arabia

  • South Africa

  • Nigeria

  • Rest of LAMEA

Main market players

  • Siemens Healthineers AG (Siemens AG)

  • Cerner Company

  • AllScripts Healthcare Solutions, Inc.

  • General Electric (GE) Co. (GE Healthcare)

  • Koninklijke Philips NV

  • McKesson Corporation

  • NextGen Healthcare, Inc.

  • Wipro Limited

  • Dedalus SpA (Ardian)

  • Integrated Medical Systems Pty Ltd

For more information about this report visit https://www.researchandmarkets.com/r/8fkvy8

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