According to the research report titled ‘Global Hospital Information System (HIS) Market Size study, by Component (Hardware, Software, Services, Others) by Delivery Mode (Cloud-Based Technology, On-Premises Installation, Web-Based Technology) and Regional Forecasts 2020-2027’, available with Market Study Report, global hospital information system (HIS) market is expected to amass USD 50 billion over the forecast period 2020-2027, registering 11.51% CAGR throughout.
 

Global hospital information system (HIS) market growth is primarily driven by focus on minimizing excess healthcare costs, reorganizing hospital workflows, and improving outcomes while reducing the risk of errors.
 

Furthermore, the demand for hospital information systems is increasing due to several other benefits such as effective workflow, improved storage, streamlined operations, management, and delivery of patient data.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2790705/
 

For those unfamiliar, hospital information system (HIS) is a highly synchronized data framework that tracks, controls, and handles hospital-related activities such as reporting, management, planning, and finance. Increasing illness and disorder has resulted in an increase in patients in hospitals, putting a major strain on management systems.
 

As per Center for Disease Control and Prevention, about 100 million people in the United States, both men and women, were affected by diabetes or prediabetes by the end of 2017. Diabetes affects one out of every ten people in the United States today. In addition, 84.1 million people in the country, accounting for about one-third of the population have prediabetes.
 

Newly diagnosed cases of type 1 and type 2 diabetes have been identified in the US youth population, which is positively impacting global hospital information system (HIS) market growth.
 

Speaking of the constraints, lack of skilled professionals, along with high maintenance cost, and complex implementation are likely to impede worldwide hospital information system (HIS) industry expansion over the study period.
 

Citing the regional terrain, North America currently holds considerable portion of global hospital information system (HIS) market share, attributable to presence of leading industry players, and advanced healthcare infrastructure.
 

On the other hand, Asia Pacific hospital information system (HIS) industry is slated to grow substantially over the coming years, owing to rising healthcare issues like cancer, cardiovascular diseases, alongside booming population, and rising disposable income.

Major players impacting global hospital information system (HIS) market trends are Carestream Health Inc., GE Healthcare Inc., Computer Programs and Systems Inc. (CPSI), Eclipsys Corporation, Healthland Inc., Siemens Healthcare AG, Epic Systems Corporation, McKesson Corporation, Meditech (Medical Information Technology Incorporated), and Cerner Corporation.