Healthcare Enterprise Software Market Research Report - Forecast till 2027

Healthcare Enterprise Software Market: Information By Product & Services [Revenue Cycle Management (RCM), Customer Relationship Management (CRM), Business Intelligence and Enterprise Content Management], By Delivery Mode (On-Premise and Cloud-Based), By End User (Healthcare Providers and Healthcare Payers) - Forecast till 2027

ID: MRFR/HCIT/0554-CR | February 2021 | Region: Global | 127 Pages         

1 Executive Summary

2 Market Introduction

2.1 SCOPE OF THE STUDY 16

2.2 RESEARCH OBJECTIVE 16

2.3 LIST OF ASSUMPTIONS 17

3 Research Methodology

3.1 INTRODUCTION 18

3.2 DATA MINING 18

3.3 SECONDARY RESEARCH 19

3.4 PRIMARY RESEARCH 20

3.4.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 21

3.4.2 BREAKDOWN OF PRIMARY RESPONDENTS 22

3.5 FORECASTING TECHNIQUES 22

3.5.1 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 23

3.6 BOTTOM-UP APPROACH 25

3.7 TOP-DOWN APPROACH 25

3.8 DATA TRIANGULATION 26

3.9 VALIDATION 26

4 Market Dynamics

4.1 INTRODUCTION 27

4.2 DRIVERS 28

4.2.1 RISING USE OF BIG DATA IN HEALTHCARE 28

4.2.2 INCREASING ADOPTION OF EHR/EMR 28

4.2.3 GOVERNMENT MANDATES & SUPPORT FOR THE MAINTENANCE OF PATIENT’S ELECTRONIC HEALTH RECORDS 28

4.2.4 INTEGRATED DIGITAL CARE FUND 29

4.2.5 NURSING TECHNOLOGY FUND 29

4.3 RESTRAINTS 30

4.3.1 DATA SECURITY CONCERNS 30

4.3.2 HIGH COST OF IMPLEMENTING EMR & EHR FOLLOWED BY THE NEED FOR TRAINING 30

4.4 OPPORTUNITIES 31

4.4.1 GROWING ADOPTION OF HEALTHCARE ENTERPRISE SOFTWARE IN UNTAPPED MARKETS 31

5 MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES MODEL 32

5.1.1 THREAT OF NEW ENTRANTS 33

5.1.2 BARGAINING POWER OF SUPPLIERS 33

5.1.3 THREAT OF SUBSTITUTES 33

5.1.4 BARGAINING POWER OF BUYERS 33

5.1.5 INTENSITY OF RIVALRY 33

5.2 VALUE CHAIN ANALYSIS 34

5.2.1 INPUTS 35

5.2.2 SOFTWARE DEVELOPMENT PROCESSES 35

5.2.3 OUTPUT 35

5.2.4 MARKETING AND DISTRIBUTION 35

5.2.5 POST-SELLING SERVICES 35

5.3 ENTERPRISE SOFTWARE ADOPTION RATE 36

6 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES

6.1 INTRODUCTION 37

6.2 REVENUE CYCLE MANAGEMENT (RCM) 39

6.3 CUSTOMER RELATIONSHIP MANAGEMENT (CRM) 39

6.4 BUSINESS INTELLIGENCE 40

6.5 ENTERPRISE CONTENT MANAGEMENT 40

7 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE

7.1 INTRODUCTION 41

7.2 ON-PREMISE 43

7.3 CLOUD BASED 43

8 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER

8.1 INTRODUCTION 44

8.2 HEALTHCARE PROVIDERS 45

8.3 HEALTHCARE PAYERS 46

9 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY REGION

9.1 INTRODUCTION 47

9.2 AMERICAS 49

9.2.1 NORTH AMERICA 51

9.2.1.1 US 53

9.2.1.2 CANADA 54

9.2.1.3 MEXICO 55

9.2.2 SOUTH AMEIRCA 56

9.2.2.1 BRAZIL 58

9.2.2.2 ARGENTINA 59

9.2.2.3 REST OF SOUTH AMERICA 60

9.3 EUROPE 62

9.3.1 GERMANY 64

9.3.2 FRANCE 65

9.3.3 UK 66

9.3.4 ITALY 67

9.3.5 SPAIN 68

9.3.6 IERLAND 69

9.3.7 NETHERLAND 70

9.3.8 REST OF EUROPE 71

9.4 ASIA-PACIFIC 72

9.4.1 CHINA 74

9.4.2 JAPAN 75

9.4.3 INDIA 76

9.4.4 SOUTH KOREA 77

9.4.5 AUSTRALIA 78

9.4.6 SINGAPORE 79

9.4.7 INDONESIA 80

9.4.8 REST OF ASIA-PACIFIC 81

9.5 ROW 82

10 COMPETITIVE LANDSCAPE

10.1 INTRODUCTION 83

11 COMPANY PROFILE

11.1 MEDICAL INFORMATION TECHNOLOGY, INC. 85

11.1.1 COMPANY OVERVIEW 85

11.1.2 FINANCIAL OVERVIEW 85

11.1.3 PRODUCTS/SERVICES OFFERED 85

11.1.4 KEY DEVELOPMENTS 86

11.1.5 SWOT ANALYSIS 86

11.1.6 KEY STRATEGIES 87

11.2 SAP 88

11.2.1 COMPANY OVERVIEW 88

11.2.2 FINANCIAL OVERVIEW 89

11.2.3 PRODUCTS/SERVICES OFFERED 89

11.2.4 KEY DEVELOPMENTS 90

11.2.5 SWOT ANALYSIS 90

11.2.6 KEY STRATEGIES 90

11.3 CPSI 91

11.3.1 COMPANY OVERVIEW 91

11.3.2 FINANCIAL OVERVIEW 91

11.3.3 PRODUCTS/SERVICES OFFERED 92

11.3.4 KEY DEVELOPMENTS 92

11.3.5 SWOT ANALYSIS 93

11.3.6 KEY STRATEGIES 93

11.4 META, INC. 94

11.4.1 COMPANY OVERVIEW 94

11.4.2 FINANCIAL OVERVIEW 94

11.4.3 PRODUCTS/SERVICES OFFERED 94

11.4.4 KEY DEVELOPMENTS 94

11.4.5 SWOT ANALYSIS 95

11.4.6 KEY STRATEGIES 95

11.5 ELINEXT GROUP 96

11.5.1 COMPANY OVERVIEW 96

11.5.2 FINANCIAL OVERVIEW 96

11.5.3 PRODUCTS/SERVICES OFFERED 96

11.5.4 KEY DEVELOPMENTS 96

11.5.5 SWOT ANALYSIS 97

11.5.6 KEY STRATEGIES 97

11.6 EPIC SYSTEMS CORPORATION 98

11.6.1 COMPANY OVERVIEW 98

11.6.2 FINANCIAL OVERVIEW 98

11.6.3 PRODUCTS/SERVICES OFFERED 98

11.6.4 KEY DEVELOPMENTS 98

11.6.5 SWOT ANALYSIS 99

11.6.6 KEY STRATEGIES 99

11.7 INFOR, INC. 100

11.7.1 COMPANY OVERVIEW 100

11.7.2 FINANCIAL OVERVIEW 100

11.7.3 PRODUCTS/SERVICES OFFERED 101

11.7.4 KEY DEVELOPMENTS 101

11.7.5 SWOT ANALYSIS 102

11.7.6 KEY STRATEGIES 102

11.8 COGNIZANT 103

11.8.1 COMPANY OVERVIEW 103

11.8.2 FINANCIAL OVERVIEW 103

11.8.3 PRODUCTS/SERVICES OFFERED 104

11.8.4 KEY DEVELOPMENTS 104

11.8.5 SWOT ANALYSIS 105

11.8.6 KEY STRATEGIES 105

11.9 ORACLE 106

11.9.1 COMPANY OVERVIEW 106

11.9.2 FINANCIAL OVERVIEW 106

11.9.3 PRODUCTS/SERVICES OFFERED 107

11.9.4 KEY DEVELOPMENTS 107

11.9.5 SWOT ANALYSIS 108

11.9.6 KEY STRATEGIES 108

11.10 JAG PRODUCTS, LLC 109

11.10.1 COMPANY OVERVIEW 109

11.10.2 FINANCIAL OVERVIEW 109

11.10.3 PRODUCTS/SERVICES OFFERED 109

11.10.4 KEY DEVELOPMENTS 109

11.10.5 SWOT ANALYSIS 110

11.10.6 KEY STRATEGIES 110

11.11 ALLSCRIPTS HEALTHCARE, LLC 111

11.11.1 COMPANY OVERVIEW 111

11.11.2 FINANCIAL OVERVIEW 111

11.11.3 PRODUCTS/SERVICES OFFERED 112

11.11.4 KEY DEVELOPMENTS 112

11.11.5 SWOT ANALYSIS 113

11.11.6 KEY STRATEGIES 113

11.12 CERNER CORPORATION 114

11.12.1 COMPANY OVERVIEW 114

11.12.2 FINANCIAL OVERVIEW 114

11.12.3 PRODUCTS/SERVICES OFFERED 115

11.12.4 KEY DEVELOPMENTS 115

11.12.5 SWOT ANALYSIS 116

11.12.6 KEY STRATEGIES 116

11.13 GENERAL ELECTRIC 117

11.13.1 COMPANY OVERVIEW 117

11.13.2 FINANCIAL OVERVIEW 118

11.13.3 PRODUCTS/SERVICES OFFERED 119

11.13.4 KEY DEVELOPMENTS 119

11.13.5 SWOT ANALYSIS 120

11.13.6 KEY STRATEGIES 120

11.14 KONINKLIJKE PHILIPS N.V. 121

11.14.1 COMPANY OVERVIEW 121

11.14.2 FINANCIAL OVERVIEW 121

11.14.3 PRODUCTS/SERVICES OFFERED 122

11.14.4 KEY DEVELOPMENTS 122

11.14.5 SWOT ANALYSIS 123

11.14.6 KEY STRATEGIES 123

11.15 EPIC SYSTEMS CORPORATION 124

11.15.1 COMPANY OVERVIEW 124

11.15.2 FINANCIAL OVERVIEW 124

11.15.3 PRODUCTS/SERVICES OFFERED 124

11.15.4 KEY DEVELOPMENTS 125

11.15.5 SWOT ANALYSIS 125

11.15.6 KEY STRATEGIES 125

12 APPENDIX

12.1 REFERENCES 126

12.2 RELATED REPORTS 126

13 List Of Tables

TABLE 1 LIST OF ASSUMPTIONS 17

TABLE 2 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 38

TABLE 3 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR REVENUE CYCLE MANAGEMENT (RCM), BY REGION 2020–2027 (USD MILLION) 39

TABLE 4 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR CUSTOMER RELATIONSHIP MANAGEMENT (CRM), BY REGION 2020–2027 (USD MILLION) 39

TABLE 5 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR BUSINESS INTELLIGENCE, BY REGION 2020–2027 (USD MILLION) 40

TABLE 6 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR ENTERPRISE CONTENT MANAGEMENT, BY REGION 2020–2027 (USD MILLION) 40

TABLE 7 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 42

TABLE 8 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR ON-PREMISE, BY REGION 2020–2027 (USD MILLION) 43

TABLE 9 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR CLOUD BASED, BY REGION 2020–2027 (USD MILLION) 43

TABLE 10 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 44

TABLE 11 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR HEALTHCARE PROVIDERS, BY REGION 2020–2027 (USD MILLION) 45

TABLE 12 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET FOR HEALTHCARE PAYERS, BY REGION 2020–2027 (USD MILLION) 46

TABLE 13 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY REGION 2020–2027 (USD MILLION) 48

TABLE 14 AMERICAS: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY REGION 2020–2027 (USD MILLION) 49

TABLE 15 AMERICAS: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 50

TABLE 16 AMERICAS: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 50

TABLE 17 AMERICAS: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 50

TABLE 18 NORTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY REGION 2020–2027 (USD MILLION) 51

TABLE 19 NORTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 52

TABLE 20 NORTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 52

TABLE 21 NORTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 52

TABLE 22 US: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 53

TABLE 23 US: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 53

TABLE 24 US: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 53

TABLE 25 CANADA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 54

TABLE 26 CANADA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 54

TABLE 27 CANADA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 54

TABLE 28 MEXICO: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 55

TABLE 29 MEXICO: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 55

TABLE 30 MEXICO: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 55

TABLE 31 SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY COUNTRY/REGION 2020–2027 (USD MILLION) 56

TABLE 32 SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET SAHRE, BY COUNTRY/REGION 2020 (%) 56

TABLE 33 SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 57

TABLE 34 SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 57

TABLE 35 SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 57

TABLE 36 BRAZIL: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 58

TABLE 37 BRAZIL: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 58

TABLE 38 BRAZIL: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 58

TABLE 39 ARGENTINA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 59

TABLE 40 ARGENTINA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 59

TABLE 41 ARGENTINA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 59

TABLE 42 REST OF SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 60

TABLE 43 REST OF SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 60

TABLE 44 REST OF SOUTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 61

TABLE 45 EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY COUNTRY/REGION 2020–2027 (USD MILLION) 62

TABLE 46 EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 63

TABLE 47 EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 63

TABLE 48 EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 63

TABLE 49 GERMANY: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 64

TABLE 50 GERMANY: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 64

TABLE 51 GERMANY: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 64

TABLE 52 FRANCE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 65

TABLE 53 FRANCE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 65

TABLE 54 FRANCE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 65

TABLE 55 UK: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 66

TABLE 56 UK: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 66

TABLE 57 UK: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 66

TABLE 58 ITALY: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 67

TABLE 59 ITALY: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 67

TABLE 60 ITALY: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 67

TABLE 61 SPAIN: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 68

TABLE 62 SPAIN: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 68

TABLE 63 SPAIN: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 68

TABLE 64 IERLAND: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 69

TABLE 65 IERLAND: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 69

TABLE 66 IERLAND: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 69

TABLE 67 NETHERLAND: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 70

TABLE 68 NETHERLAND: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 70

TABLE 69 NETHERLAND: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 70

TABLE 70 REST OF EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 71

TABLE 71 REST OF EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 71

TABLE 72 REST OF EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 71

TABLE 73 ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY COUNTRY/REGION 2020–2027 (USD MILLION) 72

TABLE 74 ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 73

TABLE 75 ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 73

TABLE 76 ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 73

TABLE 77 CHINA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 74

TABLE 78 CHINA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 74

TABLE 79 CHINA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 74

TABLE 80 JAPAN: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 75

TABLE 81 JAPAN: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 75

TABLE 82 JAPAN: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 75

TABLE 83 INDIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 76

TABLE 84 INDIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 76

TABLE 85 INDIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 76

TABLE 86 SOUTH KOREA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 77

TABLE 87 SOUTH KOREA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 77

TABLE 88 SOUTH KOREA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 77

TABLE 89 AUSTRALIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 78

TABLE 90 AUSTRALIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 78

TABLE 91 AUSTRALIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 78

TABLE 92 SINGAPORE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 79

TABLE 93 SINGAPORE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 79

TABLE 94 SINGAPORE: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 79

TABLE 95 INDONESIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 80

TABLE 96 INDONESIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 80

TABLE 97 INDONESIA: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 80

TABLE 98 REST OF ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 81

TABLE 99 REST OF ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 81

TABLE 100 REST OF ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 81

TABLE 101 ROW: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020–2027 (USD MILLION) 82

TABLE 102 ROW: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020–2027 (USD MILLION) 82

TABLE 103 ROW: HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020–2027 (USD MILLION) 82

14 List Of Figures

FIGURE 1 MARKET SYNOPSIS 15

FIGURE 2 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET: STRUCTURE 17

FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES 24

FIGURE 4 MARKET DYNAMICS: ANALYSIS OF THE GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET 27

FIGURE 5 PORTER’S FIVE FORCES ANALYSIS: GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET 32

FIGURE 6 VALUE CHAIN ANALYSIS OF THE GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET 34

FIGURE 7 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY PRODUCT & SERVICES 2020 –2027 (USD MILLION) 38

FIGURE 8 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY DELIVERY MODE 2020 –2027 (USD MILLION) 42

FIGURE 9 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET, BY END USER 2020 –2027 (USD MILLION) 45

FIGURE 10 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MARKET SAHRE, BY REGION 2020 (%) 48

FIGURE 11 AMERICAS: HEALTHCARE ENTERPRISE SOFTWARE MARKET SAHRE, BY REGION 2020 (%) 49

FIGURE 12 NORTH AMERICA: HEALTHCARE ENTERPRISE SOFTWARE MARKET SAHRE, BY COUNTRY 2020 (%) 51

FIGURE 13 EUROPE: HEALTHCARE ENTERPRISE SOFTWARE MARKET SAHRE, BY COUNTRY/REGION 2020 (%) 62

FIGURE 14 ASIA-PACIFIC: HEALTHCARE ENTERPRISE SOFTWARE MARKET SAHRE, BY COUNTRY/REGION 2020 (%) 72

FIGURE 15 GLOBAL HEALTHCARE ENTERPRISE SOFTWARE MAJOR PLAYERS MARKET SHARE ANALYSIS, 2020 (%) 84

Healthcare Enterprise Software Market

Healthcare Enterprise Software Market Is Projected To Reach $78.45 Billion, Enlisting a CAGR Of 15.0% By 2030

Segmentation

By Product & Services Revenue Cycle Management (Rcm) Customer Relationship Management (Crm) Business Intelligence And Enterprise Content Managemen
By Delivery Mode On Premise Cloud Based
By End User Healthcare Providers Healthcare Payers

Key Players

  • MEDICAL Information Technology Inc.
  • SAP
  • CPSI
  • Meta
  • Elinext Group
  • EPIC Systems Corporation
  • INFOR Inc.
  • Cognizant
  • Oracle
  • Jag products LLC
  • Allscripts Healthcare
  • LLC

Drivers

  • increasing acceptance of EHR/EMR
  • Increasing geriatric and paediatric populations
  • increasing demand for home health services
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Healthcare Enterprise Software Market Overview

Healthcare Enterprise Software Market, according to MRFR, is expected to register a CAGR of 13.0% to reach USD 76.45 Billion by 2025. Increasing demand for preventive treatment, coupled with increased funding for different start-ups in mHealth, is boosting the market growth.


COVID-19 Analysis


Due to advances in online technology, a growing burden on chronic diseases, and increasing consumerism in healthcare, the COVID-19 crisis has strengthened the demand for online medical consulting globally. The ongoing COVID-19 pandemic also opens up several opportunities for market players to gain a competitive edge by investing in untapped opportunities that are present. 


Market Dynamics


Drivers


Growing Adoption of HER and EMR to Drive Market Growth


The factors driving the growth of the global healthcare enterprise software market are the growing use of big data in healthcare, increasing acceptance of EHR/EMR, government mandates, and funding for the preservation of electronic patient health records and others. The introduction of healthcare IT systems has gained momentum in recent years in order to improve Chronic Disease Management (CDM) due to the increasing prevalence of chronic diseases globally.


The emergence of technological innovations to improve IT infrastructure, such as the implementation of IoT, AI and big data, is one of the important factors driving market growth. Growing client demand for efficient and effective care and increasing awareness of upgraded technology are also expected to fuel the market over the forecast period. Moreover, the continuous upgrade of current IT infrastructures, coupled with the adoption of healthcare cloud computing, is a major contributor to the growth of the sector.


Increasing geriatric and paediatric populations, increasing demand for home health services and rising costs for advanced hospital facilities are driving demand for remote patient monitoring and are thus expected to accelerate market growth.


Opportunities


Growing IT Infrastructure Worldwide to Create Growth Opportunities


Continuous changes in the infrastructure of the network and increasing coverage of the network further generate multiple growth opportunities for market players. In addition, the increase in demand for enterprise among small and medium-sized enterprises and technological developments in enterprise resource planning software are expected in the coming years to provide lucrative opportunities for business growth. In addition, growing demand for reducing healthcare costs and workflow productivity drives demand for solutions for remote monitoring, which in turn has a positive effect on market growth. 


Restraints


Data Security Concerns to Impede Market Growth


However, poor network coverage, data security concerns, and other associated issues are anticipated to hamper the market growth.


Segmental Analysis


By-Products and Services


The on-site segment dominated the overall demand for enterprise applications in 2018, and this trend is expected to continue throughout the forecast period. This is due to various advantages offered by enterprise software, such as end-to-end software management, the retention of IP within the organisation, and the introduction of substantial customization as and when the organization needs. Because of these reasons, a large number of companies around the world opt for on-site deployment models to store and protect their data. However, during the forecast period, the cloud segment is expected to see the highest CAGR, due to a paradigm shift in the deployment methods from on-premise to cloud-based models among end users.


By Delivery Mode


In 2018, the RCM was the largest contributor to the enterprise software market and is expected to remain dominant during the forecast era, owing to a uniform increase in the need to maintain the financial data. In addition, numerous companies are expected to adopt a financial enterprise module in the coming years to boost their business efficiency and productivity, thus providing the enterprise software industry with sufficient growth opportunities. However, due to increased adoption of the HR module in IT industries and BPOs to conduct HR activities in a smooth and easy way, the human resource (HR) module is expected to experience maximum growth. In addition, continuing business expansion in emerging economies forces companies to implement enterprise HR modules to efficiently incorporate and handle all of the existing and additional workforce's necessary details.


By End-Use


However, during the forecast period, healthcare providers are expected to experience the highest CAGR. This is due to strict regulatory legislation requiring medical records to be open and accessible while the industry invests in digitization and automation. In addition, the emphasis on enhancing operating efficiencies while reducing labour and inventory costs contributes to the adoption of enterprise software in the healthcare industry as it effectively facilitates cost-effective management of the supply chain, streamlines the management of human resources and exercises strict fiscal control.


Regional Evaluation


North America to Dominate Regional Market Growth


In 2018, the Americas accounted for a market share of 47.4%. North America and South America are sub-segmented within the Americas. North America is the largest market due to the widespread use of healthcare software by healthcare practitioners and the rising value of electronic medical records. The growth of this market in North America also favours technological advancement in software development and the easy adoption of information technology in healthcare. This market in South America is driven by the maintenance of health records, patient awareness of the importance of their medical records & legal applications and the demand for user-friendly software solutions. In the United States, major medical device and healthcare IT companies are world leaders in the manufacture of medical devices and components and in the provision of healthcare software solutions.


Growing Government Initiatives towards Healthcare Sector to Drive APAC


The Asia-Pacific region holds the third-largest position in the enterprise software market for healthcare. Due to increasing awareness of software and the replacement of manual records by electronic ones, Asia Pacific is showing the fastest growth in this market. In Asia-Pacific, Toshiba Medical Systems Corporation is a major market player. This market in Asia Pacific is driven by increased disease burden, population growth, healthcare demand-reaching supplies.


Competitive Landscape


Growing Mergers and Acquisitions to be the Primary Focus of Market Players


The market is concentrated, and the degree of concentration will decrease during the forecast period. The key players in the market are focusing on various growth strategies, including acquisitions and partnerships, to widen their technological landscape, expand geographical reach, and gain significant market shares and revenue.



  • MEDICAL Information Technology Inc.

  • SAP

  • CPSI

  • Meta Inc.

  • Elinext Group

  • EPIC Systems Corporation

  • INFOR Inc.

  • Cognizant

  • Oracle

  • Jag products LLC

  • Allscripts Healthcare, LLC

  • Cerner Corporation

  • General Electric Company

  • Koninklijke Philips NV


Recent Development


January 2021: Roche announced the CE-IVD launch of its automated digital pathology algorithms, uPath HER2 (4B5) image analysis and uPath Dual ISH image analysis for breast cancer to help determine the best treatment strategy for each patient. The image analysis algorithms use artificial intelligence to support pathologists in making faster, more accurate patient diagnoses in breast cancer. In combination with the VENTANA DP 200 slide scanner and Roche uPath enterprise software, the new algorithms provide innovative digital pathology solutions to advance personalised healthcare 


January 2021: Absorb Software, provider of the industry-leading Absorb Learning Management System (LMS), today announced record company growth in 2020. In a year when eLearning solutions became a necessity for businesses around the world, the profitable company reinforced its leadership position in the market through increased customer traction and new product offerings. 


Report Overview


By Product & Services



  • Revenue Cycle Management (RCM)

  • Customer Relationship Management (CRM)

  • Business Intelligence

  • Ententerprise Content Management


By Delivery Mode  



  • On-Premise

  • Cloud-Based


By End-User



  • Healthcare Providers

  • Healthcare Payers



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2025: USD 76.45 Billion
  • 2027: Significant value
  •   CAGR   13.0% (2019-2025)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Product & Services, By Delivery Mode, By End User
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   MEDICAL Information Technology Inc., SAP, CPSI, Meta Inc., Elinext Group, EPIC Systems Corporation, INFOR Inc., Cognizant, Oracle, Jag products LLC, Allscripts Healthcare, LLC, Cerner Corporation, General Electric Company, Koninklijke Philips NV
      Key Market Opportunities   Growing IT Infrastructure Worldwide to Create Growth Opportunities
      Key Market Drivers   Growing Adoption of HER and EMR to Drive Market Growth


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    Frequently Asked Questions (FAQ) :

    Healthcare Enterprise Software Market is projected grow at approximately 13% CAGR during the assessment period (2019-2025).

    The valuation of the Global Healthcare Enterprise Software Market is estimated to increase to USD 76,459.7 MN by the end of 2025.

    Augmenting demand led by the rising uptake among growing numbers of healthcare facilities, rising R&D activities for the development of innovative s/w solutions, and emphasis on cost reduction and patient safety are the major tailwinds pushing the growth of the global healthcare enterprise software market.

    North America holds the largest share in the Global Healthcare Enterprise Software Market, followed by Europe and the Asia Pacific, respectively.

    IBM (US), Microsoft Corporation (US), Oracle Corporation (US), Nuance Communications (US), Allscripts (US), McKesson Corporation (US), Athenahealth (US), Cerner Corporations (US), Medidata Solutions (US), and CompuGroup (UK), are some of the major players operating in the global healthcare enterprise software market.