The Europe Hospital Information System Market would witness market growth of 4.5% CAGR during the forecast period (2021-2027).
The hospital information system contributes to the OT (Operating Theatre)/therapy management's economic efficiency and profitability. When compared to normal intervention outcomes, the module aids in the pursuit of shorter documentation and operation. The MocDoc operational theatre management system reduces the organizational and administrative burden on all OT professionals like physicians, doctors, nurses, and so on.
Rising government efforts and increased demand from hospitals to install modern IT solutions for efficient operational efficiency are two significant elements driving the growth in hospital information system adoption (HIS). The growing desire to cut healthcare spending due to inefficiencies in hospital workflow is predicted to drive a rise in hospital information system installation
Various States of the region are currently actively working on their national foundations for eHealth through efforts for health sector and health information system transformation in order to offer public health services in a much more planned and organized way. They recognize and comprehend the significance of eHealth in achieving universal health coverage, as well as the need of national strategies, policies, and governance to assure the development and long-term viability of investments. The fact that the majority of Member States are adopting national plans or policies for eHealth, national health information systems or universal health coverage, and providing sustainable finance for their execution, demonstrates the relevance of this approach.
The Germany market dominated the Europe Hospital Information System Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4.4 billion by 2027. The UK market is poised to grow at a CAGR of 3.7% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 5.3% during (2021 - 2027).
Based on Component, the market is segmented into Software, Hardware, and Services. Based on Deployment, the market is segmented into Web Based, On-Premises, and Cloud based. Based on Type, the market is segmented into Electronic Health Record, Patient Engagement Solution, Population Health Management, Electronic Medical Record and Real-time Healthcare. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hospital Information System Market Size will Hit $79.7 Billion by 2027, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens Healthineers AG (Siemens AG), Cerner Corporation, AllScripts Healthcare Solutions, Inc., General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., McKesson Corporation, NextGen Healthcare, Inc., Wipro Limited, Dedalus S.p.A. (Ardian), and Integrated Medical Systems Pty Ltd.
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