Clinical Information System Industry is poised for an 8% CAGR by 2032, driven by the rising prevalence of chronic diseases, as indicated by FMI

During the projected period of 2022 to 2032, the Clinical Information System Industry is anticipated to grow at a CAGR of 8%. The industry for clinical information systems is being pushed by a combination of factors including the rising use of electronic health records (EHRs), the incidence of chronic diseases, and the demand for value-based treatment.

Medical data on patients is gathered, stored, managed, and shared via clinical information systems (CIS), which are computer-based platforms. CIS can comprise a wide range of various modules, including radiology information systems (RISs), laboratory information systems (LISs), and electronic health records (EHRs). By enabling real-time access to patient data for clinicians, fostering communication between various healthcare professionals, and automating administrative duties, CIS can contribute to increasing the effectiveness and quality of healthcare delivery.

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The adoption of EHRs is one of the key drivers of the clinical information system market. EHRs are electronic versions of a patient’s medical record, which contain information about the patient’s medical history, medications, allergies, and other important health information. EHRs can help to improve the quality and efficiency of healthcare delivery by providing clinicians with access to patient data in real time, facilitating communication between different healthcare providers, and reducing medical errors.

The growing prevalence of chronic diseases is another key driver of the clinical information system industry. Chronic diseases, such as heart disease, diabetes, and cancer, require ongoing management and care. CIS can help to improve the quality of care for patients with chronic diseases by providing clinicians with access to patient data in real time, facilitating communication between different healthcare providers, and automating administrative tasks.

The rising demand for value-based care is also driving the growth of the clinical information system industry. Value-based care is a healthcare delivery model that focuses on providing high-quality care at a lower cost. CIS can help to improve value-based care by providing clinicians with access to patient data in real time, facilitating communication between different healthcare providers, and automating administrative tasks.

The clinical information system industry is expected to continue to grow in the coming years, driven by the increasing adoption of EHRs, the growing prevalence of chronic diseases, and the rising demand for value-based care.

Key Takeaways from the “Clinical Information System Market by 2022 to 2032” report by Future Market Insights:

• The global clinical information system industry is expected to grow at a CAGR of 8% from 2022 to 2032.
• The integrated clinical decision support (CDSS) segment is expected to record the highest growth rate during the forecast period, due to the increasing demand for CDSS solutions to improve clinical decision-making and patient care.
• The on-premises delivery mode segment is expected to account for the largest share of the market in 2022, but the cloud-based delivery mode segment is expected to grow at a faster rate during the forecast period.
• The North America region is expected to remain the dominant market for clinical information systems throughout the forecast period, due to the presence of a large number of healthcare organizations and the high adoption of clinical information systems in the region.
• The Asia Pacific region is expected to witness the fastest growth in the clinical information system market during the forecast period, due to the rising demand for clinical information systems from emerging economies such as China and India.

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Some of the key factors driving the growth of the clinical information system market include:

• Increasing prevalence of chronic diseases
• Rising investments in healthcare IT
• Government initiatives to promote the use of electronic health records (EHRs)
• Technological advancements such as cloud computing, artificial intelligence (AI), and machine learning (ML)

The clinical information system industry is highly competitive, with a number of established players such as Cerner, Epic, and MEDITECH. However, there is also a growing number of new entrants in the market, such as Allscripts and eClinicalWorks.

Overall, the clinical information system market is expected to witness significant growth in the coming years, driven by a number of factors such as the increasing prevalence of chronic diseases, rising investments in healthcare IT, and government initiatives to promote the use of EHRs.

Some of the key players in the clinical information system market include:

• Cerner Corporation
• Epic Systems Corporation
• McKesson Corporation
• Allscripts Healthcare, LLC
• MEDITECH Corporation
• NextGen Healthcare, Inc.

The Segmentation Of The Clinical Information System (CIS) Market Some Common Segmentation Criteria Include:

By End Use:

• Hospital
• Outpatient Hospital
• Business Office

By Type:

• Hardware
• Software
• Services

By Delivery Mode:

• On-Premises
• Cloud-Based

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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