Hospital Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025


Transparency Market Research

$ 5795

The global hospital management software market is expected to witness a strong growth during the forecast years, thanks to growth in the medical sector. Over the last two decades, medical sector has been witnessing a transformation, in terms of increasing number of multi-speciality hospitals. And the trend is expected to keep growing in the coming years due to growing medical needs. Thus, this may act as a factor contributing to the growth of the global hospital management software market. 

Easy and Timely Access to Data to Boost Growth in the Market 

  • With rising patient pool it really gets challenging to maintain the patient data, treatment data, etc. Therefore, clinics, multi-specialty, doctors, and other health care facilities adopt hospital management software, owing to the expansion of the global hospital management software management market. 
  • Additionally, such software provides good support in framing comprehensive policies in healthcare. It also gives information about drugs that have been administered to patients and how did the patient react during the course of treatment? 
  • Further, it helps in inventory management such as stock keeping of medical equipment, medicines, etc. It gives an exact data how much stock was purchased and how much have been consumed? Such comprehensive data in day today function eases and increases the hospitals operational efficiency. This also enables doctors, nurses and staff to focus more towards the welfare of the patients and provide them better care and infrastructural facilities. Thus, there could be a grand future for the growth of the global hospital management software market.

Information technology has transformed the field of medicine. In the fast-paced medical industry, it is difficult to manage and operate a multi-specialty hospital. A hospital management system is a web or computer based system that enables the functioning of any medical set up or hospital. Hospital management software assists in making the entire functioning paperless. This software integrates with all the information regarding doctors, patients, and staff among others. Across the globe, various health organizations have installed hospital management software in order to streamline their business and operation process, better manage projects of all sizes, and boost their work efficiency across the management or board. This in turn is expected to increase the demand for hospital management software during the forecast period 2017- 2025.

The global hospital management software market has been segmented on the basis of deployment type, module, and geography. On the basis of deployment type, the market has been segregated into cloud and on premises.  Online report generation is a modern technological trend that provides cost cutting and improves communication with the end users. This software helps end users to manage and complete their work on time. Additionally, rising demand for installation of these software in hospitals is expected to increase the demand for this product in the coming years. Based on module, the market has been bifurcated into radiology utilization management solutions, event driven solutions, bed management, system, online registration solution, event driven patient tracking, attendance, laboratory equipment management solutions, and real time locating among others. With the help of this advance software, enterprises are able to track the basic information of employees including address and contact numbers along with professional details. New technology developments that allow communication over a broader range of end points is anticipated to deliver opportunity for market growth during the forecast period. On the flip side, cyber threat is expected to be a challenge for the growth of the hospital management software market. In developing countries, lack of software knowledge and higher investment infrastructure cost to implement such systems is restraining the growth of the global hospital management market. Medical industries are shifting business to the cloud platform and are also focusing on installing this product to improve their customer management, avoid duplication of data and functionality, and enhance cost effectiveness of their services. These factors are in turn anticipated to create new demand for this product in the near future.  

This global research report and study offers a complete assessment of the hospital management software market and covers in depth insights, historical data, statistical figures, facts and industry-validated primary and secondary market data. Geographically, the global hospital management software market has been segmented into North America, Asia Pacific, Europe, Middle East & Africa (MEA), and South America. In the year 2016, North America led the hospital management software market followed by Asia Pacific and Europe. Asia Pacific is estimated to be the fastest growing market for this product currently, followed by Europe. High internet penetration and cloud based services is projected to mainly drive the Asia Pacific hospital management software market during the forecast period from 2017- 2025. Asia Pacific is the most attractive and fastest growing market for hospital management software as vendors are continuously expanding their business across various parts of this region.

This report explores the major international industry players in detail. Major companies operating in the global hospital management software market are GE Healthcare (U.K.), Awarepoint Corporation (the U.S.), IBM Corporation, (the U.S.), Ekahau, Inc. (the U.S.), Aero Scout, Inc. (the U.S), Zebra Corporation (the U.S),  Infor (the U.S), Tyco International Ltd.(Republic of Ireland), Vizbee RFID Systems Ltd.(the U.S),  Trimble Navigation Ltd.(the U.S), Siemens Healthcare (Germany), Motorola Solutions Inc. (the U.S), Sonitor Technologies Inc. (the U.S), Sisoft (the U.S), MEDIWARE Information Systems, Inc. (U.K), and Versus Technology Inc.(the U.S) among others.

This report explores the major international industry players in detail. Major companies in the global home media server market are Samsung Electronics Co. Ltd (South Korea), Apple Inc. (the U.S), Autonomic Control Inc.(the U.S), Logitech (Switzerland), Panasonic Corporation (Japan), Sony Corporation (Japan), Western Digital Corporation (the U.S), Sling Media Inc. (the U.S), and CyberLink (the U.S) among others.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.