Market Overview:
The global hospital management software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cloud-based hospital management software and rising adoption of healthcare IT by hospitals and clinics. North America is expected to hold the largest share of the global hospital management software market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to grow at the highest CAGR during the forecast period owing to rising awareness about healthcare IT among hospitals and clinics in this region.
Product Definition:
Hospital Management Software is a comprehensive system that enables hospitals to manage all aspects of their operations, from patient registration and medical records to billing and accounting. The software can automate many hospital processes, improving efficiency and reducing costs.
Cloud Hospital Management Software:
Cloud hospital management software is a web-based application that helps in tracking patient information, medical records, lab tests results and other essential data. The software also provides access to the required information for doctors and clinicians. Cloud hospital management software solutions are used by hospitals to streamline their workflows which include financials, clinical content & operational processes of hospitals digitally across multiple sites or departments.
On-premises Hospital Management Software:
On-premises hospital management software is a type of practice management software used by healthcare providers to effectively manage their medical practices. It helps in tracking patients, orders for prescriptions, and other administrative tasks. The on-premises software can be accessed from any location as long as the user has an internet connection. This makes it more convenient for users since they do not have to depend on others (such as Internet Service Providers or IT Departments) for their data security and privacy needs.
Application Insights:
The hospital segment dominated the global hospital management software market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to factors such as increasing number of hospitals, rising demand for effective healthcare services, and government initiatives that have resulted in growing investments by various players in this sector. For instance, according to a study published by McKinsey Global Institute (2017), it was estimated that between 2015 and 2030 there will be around 300% increase in health spending globally. Furthermore, technological advancements coupled with new product launches are further driving the growth of this segment. For instance, Cerner Corporation has launched ¢â‚¬Å“My Cerner Experience¢â‚¬ which provides an easy access to view information on patient care through electronic medical records at multiple levels within a single organization or system across all care sites using one common interface irrespective of their hardware or software platform.
Regional Analysis:
North America dominated the global hospital management software market in 2017. This can be attributed to the presence of a large number of players in this region, which has resulted in higher availability and implementation of advanced solutions. Moreover, increasing government funding for healthcare IT infrastructure development is also expected to drive growth during the forecast period. For instance, according to CMS data, from 2011 through 2016 hospitals received around USD X billion for electronic health records modernization whereas hospitals that have completed EHR transition received an additional USD X billion investment from 2014 through 2016.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and rising demand for cost-effective software solutions by small & medium hospitals as well as clinics within this region.
Growth Factors:
- Increasing demand for hospital management software from small and medium-sized hospitals
- Rising number of hospitals adopting hospital management software to improve operational efficiency
- Proliferation of healthcare IT solutions to manage increasing complexities in the healthcare sector
- Growing need for integrated healthcare solutions to manage patient data and improve care outcomes
- Emergence of cloud-based hospital management software offerings
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospital Management Software Market Research Report
By Type
Cloud Hospital Management Software, On-premises Hospital Management Software
By Application
Hospital, Clinics, Others
By Companies
JVS Group, Meditab Software, Practo Technologies, eVisit, Availity, Adroit Infosystems, Pinaacle Technologies, Khabeer, Uniwide Consultancy & Services, Pwave Tech, NantHealth, ProEmTech Infosystems, Dharma Healthcare, Akshar Technosoft, OrcaSys
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Hospital Management Software Market Report Segments:
The global Hospital Management Software market is segmented on the basis of:
Types
Cloud Hospital Management Software, On-premises Hospital Management Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JVS Group
- Meditab Software
- Practo Technologies
- eVisit
- Availity
- Adroit Infosystems
- Pinaacle Technologies
- Khabeer
- Uniwide Consultancy & Services
- Pwave Tech
- NantHealth
- ProEmTech Infosystems
- Dharma Healthcare
- Akshar Technosoft
- OrcaSys
Highlights of The Hospital Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Hospital Management Software
- On-premises Hospital Management Software
- By Application:
- Hospital
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hospital Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hospital management software is a computer application used by hospitals to manage their operations. It includes features such as scheduling, budgeting, purchasing, and billing.
Some of the key players operating in the hospital management software market are JVS Group, Meditab Software, Practo Technologies, eVisit, Availity, Adroit Infosystems, Pinaacle Technologies, Khabeer, Uniwide Consultancy & Services, Pwave Tech, NantHealth, ProEmTech Infosystems, Dharma Healthcare, Akshar Technosoft, OrcaSys.
The hospital management software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hospital Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hospital Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospital Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hospital Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hospital Management Software Market Size & Forecast, 2020-2028
4.5.1 Hospital Management Software Market Size and Y-o-Y Growth
4.5.2 Hospital Management Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud Hospital Management Software
5.2.2 On-premises Hospital Management Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospital Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hospital Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud Hospital Management Software
9.6.2 On-premises Hospital Management Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud Hospital Management Software
10.6.2 On-premises Hospital Management Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud Hospital Management Software
11.6.2 On-premises Hospital Management Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud Hospital Management Software
12.6.2 On-premises Hospital Management Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud Hospital Management Software
13.6.2 On-premises Hospital Management Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hospital Management Software Market: Competitive Dashboard
14.2 Global Hospital Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JVS Group
14.3.2 Meditab Software
14.3.3 Practo Technologies
14.3.4 eVisit
14.3.5 Availity
14.3.6 Adroit Infosystems
14.3.7 Pinaacle Technologies
14.3.8 Khabeer
14.3.9 Uniwide Consultancy & Services
14.3.10 Pwave Tech
14.3.11 NantHealth
14.3.12 ProEmTech Infosystems
14.3.13 Dharma Healthcare
14.3.14 Akshar Technosoft
14.3.15 OrcaSys
