Healthcare Information Systems Market Analysis: Type (EMR, EHR, CDSS, E-Prescriptions); By Application (Billing, Materials Management, Clinical Repository, Immunization Database) – Forecast (2015 – 2020)

Date: 2016-01

“Health Information Systems are designed to store patient related data and analyze it to provide the correct diagnosis. The Health Information Systems also help to generate bills for insurance purpose. The Health Information Systems have undergone several changes over the years. A Health Information System consists of Software and Hardware which work in tandem to provide various services. The most important criteria for a successful Health Information System is Interoperability, which means the system should be able to integrate with different systems in a seamless manner. The Interoperability function helps to share patient records across various hospitals which in turn are useful for faster and effective treatment.
The Health Information Systems market is expected to grow at a CAGR of 7.5 % between 2015-2020. The increase in the aging population is driving the demand for Health Information Systems. There has been an increase in the Healthcare cost, which makes the presence of Health Information Systems much more important as it helps in providing affordable healthcare treatment. The government across the globe has been investing heavily in Healthcare reforms. Today, the Health Information Systems is accessed through various platforms such as Cloud computing and Web-based delivery model. The growing markets such as India and China provide a great opportunity for the growth of Health Information Systems
The North America market has the highest market share due to Healthcare reforms, better healthcare facilities and large private investment in the Healthcare market. The European region has different countries which have implemented Healthcare reforms such as Germany, Sweden and UK. The European region is growing steadily. The highest growth can be expected to occur in Asia Pacific region such as China, India and Japan. The growing aging population, increasing disposable income and improved healthcare facilities will drive the market for Health Information Systems. The Health Information Systems market has to deal with restraints and challenges such as lack of Medical Professionals, Patient Safety and lack of decision guidelines.
Market size and forecast is provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the PSA Testing market and future opportunities are provided in the report. This report on the Global PSA Testing Market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the PSA Testing market.”

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