The global healthcare information system market highly fragmented in nature. The large-sized well established players accounted for just about 26.0% of the market in 2015. These leading players are seen banking upon mergers and acquisitions to make inroads into regional markets. Such strategies have also enabled them to diversify their product portfolio and tap into synergies.

At the forefront of driving growth in the global market for healthcare information system is the surging volume of information pertaining to patients and swift digitization of the overall healthcare systems. 

Adds the lead analyst of the report, “Uptake of electronic systems that drastically lessen the chance of human errors and enhance accuracy has upped the need for reliable and swift information systems. Such systems also serve to bring down costs by reducing requirement of people for manual paperwork and human labor at various touch points.”

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Serving to dampen sales of healthcare information systems, on the other hand, is the steep upfront capital required in installing them. This is particularly impeding their uptake in smaller hospitals and newly set up health institutes. In addition, the maintenance cost of such systems is also proving to be a deterrent for the market.