Healthcare Information Systems Market to Worth USD 169.2 Billion By 2025

The global healthcare information systems market size is expected to reach USD 169.2 billion by 2025, registering a 7.7 percent CAGR through 2025. 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.

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. – Grand View Research