A clinical information system is designed for gathering, storing, analysing, and making available clinical information useful for healthcare delivery process. Clinical Information Systems offer scientific records which contain medical facts such as the patient’s history of contamination and interactions with care providers. The data encodes information capable of helping physicians decide the patient’s situation, remedy alternatives, and wellbeing activities as well as the fame of decisions, moves undertaken and other relevant information that could help in performing those moves. Clinical information systems are widely spread in western world healthcare providers. However, their function is restricted to financial and administrative functions, rather than having a direct support for patients and other professionals in the daily work. Clinical Information System Market size valued USD 3.7 billion in 2020 and further is expected to grow with a CAGR of 14.8% during the forecast period.

Market Segmentation:

On the basis of type the clinical information system market is segmented into hardware, software, and services. By product type the market is divided into Laboratory information system (LIS), Radiology information system (RIS), computerized physician order entry (CPOE), and Pharmacy information system (PIS). On the basis of Delivery mode the market is segmented into on-premises and cloud based. By end use the market is classified as hospital and outside hospital. By region the market is categorized into North America, Asia Pacific, Europe, and ROW.

Market Dynamics and Factors:

Growing number of technologically advanced healthcare facility centres across the globe is the major driving factor responsible for clinical information system market growth. Currently demanding CIS with the features of ability to record data in structured formats, advanced voice recognition, greater use of mobile devices directly at the point of use, e-health records that provide a life-time view of a patient’s health history are rapidly increasing the clinical information system market demand. Also clinical information system provides high level of efficiency and accuracy, which improves diagnosis and treatment. Some of the restraining factors which affect the market growth are initial cost of acquisition, financial limitations due to low awareness, and changing technology. Technological advancements such as voice recognition, increased use of mobile devices, and use of e-health records will create immense opportunities for clinical information system market to grow during forecast period. Integration of legacy system and security are the major challenges faced by the clinical information system market.

Geographic Analysis:

North America is the dominating in clinical information system market owing to increased penetration of internet services in the region. Also growing governmental concerns related to healthcare institutions to maintain data electronically and reduce errors. Europe also witnessed significant growth as countries like U.K., Germany, France, and Spain estimated to be the major contributors in clinical information system market in upcoming years. Asia Pacific shows significant growth during forecast period due to rapid urbanization and government policies in countries like China and India.

Competitive Scenario:

The key players in the clinical information system industry are ADDATECH Systems Inc., IQVIA, Accenture plc, Capterra, iMDsoft, Surgical Information Systems LLC.  

Clinical Information System Market Report Scope