Healthcare informatics which is also called as health informatics has been further divided in various type as nursing informatics, medical informatics, clinical informatics, or biomedical informatics is defined as information engineering applied to the health care field, essentially the use and management of patient healthcare information. Healthcare Informatics is a multidisciplinary field which uses health information technology (HIT) to improve the health care via any combination of higher efficiency (spurring lower cost and thus the greater availability), higher quality, and new opportunities. The market of healthcare informatics is growing due to the need for an integrated system to interpret, diagnose, & analyze, treat and record data. While factors like lack of trained individual for healthcare information solution operation is restraining the market.The research analyst at AMA estimates Healthcare Informatics market to grow at a compounded annual growth rate of 14.2%
AdvanceMarketAnalytics has segmented the market of Global Healthcare Informatics market by Type, Application and Region.
On the basis of geography, the market of Healthcare Informatics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Growing adoption of nursing informatics solutions
Need for an integrated system to diagnose, interpret & analyze, treat and record data and Growing investment by government and private sector in expanding hospital network
Technological advancements in developing the healthcare informatics ecosystem and Adoption of electronic health record (EHR) systems
- Service and maintenance cost is quite high
- Lack of integration standards in healthcare informatics solution
In addition to the aforementioned factor, Need for an integrated system to diagnose, interpret & analyze, treat and record data
is expected to propel the growth of the market over the forecast period.
The Healthcare Informatics market offers competitive advantages by using integrated informatics. This product offers a competitive market due to increased generics, price controls and cost-effective solution in healthcare industries in term of manufacturing and supply chain.
The key Players profiled in the study are Accuro Healthcare Solutions (United States), Agfa HealthCare Corp (Belgium), Allscripts (United States), Axiom Resource Management Inc. (United States), Amcom Software (Spok, Inc.) (United States), Cardinal Health (United States), Cognizant Technology Solution (United States), Cerner Corp. (United States), Benchmark Systems (United States) and CNSI (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.