Global Hospital Information Systems Market to Cross $35 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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Increasing awareness among medical service patrons on the benefits of using Information Technology in the healthcare sector, coupled with growing demand for affordable-yet quality healthcare services is forcing hospitals and other medical centers to adopt IT in their daily operations. Subsequently, Healthcare IT systems such as the Hospital Information Systems witnessed a great demand in the healthcare services sector. Adoption of HIS in hospitals is increasingly being encouraged and promoted by the Governments world over.

Hospital Information Systems: A Global Strategic Business Report

Global hospital information systems market is projected to cross $35 billion by 2015. The United States represents the largest hospital information systems (HIS) market in the world. The US HIS market is witnessing increased acceptance and popularity of customized HIS solutions such as Laboratory Information Systems and Radiology Information Systems. The market is also a promising ground for Electronic Medical Record (EMR) solutions. Asia-Pacific (excluding Japan) represents the fastest growing hospital information systems market, exhibiting a compounded annual growth rate of 11.5% over the next few years. Despite being a smaller market in terms of revenue, Asia-Pacific promises excellent growth opportunities for HIS. The growth of emerging Health Informatics market is quite high in countries such as Australia, China, Thailand, Malaysia, India and the Philippines. Emergence of a fast-growing healthcare industry in the Asia-Pacific region augurs well for the future of global HIS market.

Clinical information systems market represents the largest product segment. The US, representing largest market within the segment, is projected to grow at a CAGR of about 7.2% over the next few years. The clinical information systems (CIS) segment is set to thrive on the industry's inclination towards it for key decision-making in the areas of cost reduction, workflow optimization and quality enhancement. Asia-Pacific is the fastest growing market in CIS.

Although, Non-Clinical Information Systems laid the foundation for the initial adoption of HIS, offering its services to the financial and administrative areas in a hospital, Clinical Information Systems are dominating the market, both in terms of popularity and revenues thanks to increased emphasis placed on reducing clinical errors, workflow optimization and offering quality healthcare at reasonable cost.

These and other market data and trends are presented in "Hospital Information Systems: A Global Strategic Business Report" published by Global Industry Analysts, Inc. This GIA report discusses the prevailing trends, issues, demand forecasts, and activities that affect the industry. The hospital information systems market is analyzed in US$ Million by the following geographic regions - United States, Japan, Europe, Asia-Pacific (excluding Japan), and Rest of World. Analytics for the period 2000-2015 provide a comprehensive understanding of the market.

Dominant global players profiled in the report include McKesson, Cerner, Allscripts-Misys Healthcare Solutions, Eclipsys, Computer Programs and Systems, Siemens Medical Solutions USA, QuadraMed, Medical Information Technology, Healthland, GE Healthcare, iSOFT Group, Agfa-Gevaert, Brunie-Software, IBA Health, Integrated Medical Systems, among several others. The study enumerates recent developments, mergers, acquisitions, and other strategic industry activities, and is an easy guide to What, Why, When, How, Where, and Who of the industry.

For more details about this research report, please visit

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
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