The global healthcare informatics market is projected to advance at a robust CAGR of 12% during the forecast period.
The global healthcare informatics market is projected to advance at a robust CAGR of 12% during the forecast period.
Healthcare Informatics Crucial for COVID-19 Data Management
Biomedical and health informatics are playing a critical role in the system response to the COVID-19 pandemic. Companies in the healthcare informatics market are capitalizing on this opportunity to help healthcare stakeholders build foundational knowledge, enhance health decision making, and support in data governance. The rapid implementation of technological support for optimizing clinical management of the coronavirus pandemic has become the need of the hour and be prepared for similar future events.
Download Sample @ https://qyresearchmedical.com/sample/111527
The pandemic has prompted a race to provide timely data that can be used to benefit the public. Companies in the healthcare informatics market are realizing this importance and emphasizing on the role of informaticists whose skills are critical for the judicious use of data in healthcare organizations, public health agencies, and among electronic health record vendors.
Updated Software, Frequent Password Changes Help Overcome Data Security Challenges
The global healthcare informatics market is projected to advance at a robust CAGR of ~12% during the forecast period. However, data security challenges such as vulnerability of cloud data, malware infecting computer systems, and password protection need to be addressed by companies. Thus, to overcome the vulnerability of cloud data, extra layers of security are being prompted, which will help to upgrade informatics systems. Updated software helps to prevent viruses from infecting computer systems.
Vendors in the healthcare informatics market are increasing awareness about frequent password change, since passwords are the gatekeepers of privileged information and helps to offer restriction to certain areas. The ongoing rush to digitize patient records has left gaps in security that hospitals must fill to protect patient data.
Healthcare Informatics Enables Early Detection of Chronic Kidney Diseases
Renal transplantation is a complex, multi-disciplinary, and cross-center service. Companies in the healthcare informatics market are stepping in to support transplant care by improving access to data, information sharing, and communication. Healthcare informatics helps to overcome communication roadblocks and improves access to data. The market is predicted to cross US$ 100 Bn by 2031. This is evident since health IT helps to improve information management whilst supporting the workflow.
Chronic kidney disease (CKD) is a slow and progressive disorder that is typically silent until late stages. Healthcare informatics holds promising potential for early intervention and can help to significantly delay the progression of chronic kidney disease. Stakeholders are collaborating with researchers to develop algorithms that involve a combination of rule-based and machine learning methods to identify stage-specific kidney disease comorbidities.
Intelligent Cardiovascular Informatics Systems Provide Consistent End-to-End Intuitive Workflow
Healthcare providers worldwide are under pressure to achieve better health outcomes at low costs. This is why vendors in the healthcare informatics market are stepping in to standardize practices, improve consistency in diagnosis, and deliver high quality patient care. IntelliSpace Cardiovascular, an informatics solution by Philips – a Dutch multinational conglomerate corporation, is gaining recognition for providing a consistent end-to-end intuitive workflow that allows the user to obtain easy access to the patient’s cardiovascular pathway.
Quick Buy This Premium Report From Here: https://qyresearchmedical.com/report/checkout/111527/2900
By connecting disparate clinical systems across the enterprise, healthcare professionals can make fast decisions based on the available data. Companies in the healthcare informatics market are increasing the availability of Web-enabled cardiovascular image and information management systems. Such systems are playing a pivotal role in multi-modality chronological overview of the patient’s health continuum.
AI-enabled Platforms to Contribute to Innovative Solutions in Cancer Care
Oncology is likely to dictate the highest revenue share among all applications in the healthcare informatics market during the assessment period. In February 2021, Tempus – a specialist in precision medicine and artificial intelligence (AI), announced its collaboration with Precision Health Informatics – a subsidiary of Texas Oncology, with the intention to accelerate the advancement of precision medicine in oncology. Companies in the healthcare informatics market are taking cues from such developments, and increasing their research in precision medicine through unique insights derived from extensive clinical data.
Companies in the healthcare informatics market are focusing on AI-enabled platforms and robust genomic sequencing capabilities to advance clinical research and personalized patient care. Unique clinical insights from a pool of vast database can contribute to innovative solutions in cancer care.
Patient-centered Outcomes Research Improves Treatment of Autoimmune Conditions
People living with autoimmune conditions tend to make critical decisions about treatments involving costly and innovative medications, often with little data comparing the treatment’s effectiveness or safety to guide such decisions. There is a need of real-world evidence incorporating PROs (patient-reported outcomes) to help inform patients with autoimmune diseases and other stakeholders about patients’ experiences while receiving immunomodulating therapies. Such trends are helping to identify patterns in their disease activity and symptoms.
The patient-centered outcomes research is characterized by engagement of patients throughout the research process. Platforms provided by the vendors in the healthcare informatics market help in the inclusion of research questions and outcomes that are important to the patients & care partners. Thus, patient-centered outcomes research is especially important for people living with immune-mediated conditions.
Medical Informatics in Gynecology, Obstetrics Supports Industry Knowledge Sharing
Women’s health comprises a large range of activities, including fertility and reproductive health, screening, and the treatment for gynecological conditions. Medical informatics in gynecology and obstetrics with the help of computer systems supports industry knowledge and insight to challenges in the areas of informatics that are important to women’s health.
Companies in the healthcare informatics market are helping to reduce errors and improve co-ordination in the healthcare industry. Robust informatics platforms are helping patients to keep a track of their health status, whilst doctors can check the records of their patients on the fingertips. Cloud software is being preferred in electronic health records management. Soon, mobile apps are anticipated to grow rapidly in the healthcare informatics sector, since it empowers patients to have electronic access to their health history.
Analysts’ Viewpoint
Examining the number of ICU beds in relation to COVID-19 cases is vital in helping hospitals to understand and plan for the use of their resources. The increasing volume of medical data is creating tremendous opportunities to obtain better insights and improve health outcomes by connecting information across various patient touch points. However, security data challenges pertaining to the risk of password protection, malware, and cloud data breach are emerging as hurdles for vendors to earn the faith of platform users. Hence, companies in the healthcare informatics market should urge healthcare facilities to set regulations for data encryption and approved devices, as many healthcare professionals are accessing patient information on their mobile devices.
Healthcare informatics Market: Overview
This report analyzes the current scenario and future prospects of the global healthcare informatics market. Incorporation of technological advancements, increase in applications of bioinformatics, and surge in adoption of EHR systems are the key factors projected to drive the global healthcare informatics market during the forecast period.
The report includes an elaborate executive summary, which provides a snapshot of various segments of the global healthcare informatics market. It also provides information and data analysis of the healthcare informatics market about segments based on type, application, end user, and region.
The overview section of the report provides a detailed qualitative analysis of drivers, restraints, and opportunities that impact the global healthcare informatics market
The report includes company profiles, which provide information about their business, product portfolios, and competitive landscape in the global healthcare informatics market
The report on the healthcare informatics market offers market attractiveness analysis of regions and segments
The last section of the report comprises quantitative and qualitative analyses on market share/position of key players operating in the global healthcare informatics market. It analyzes key competitive strategies adopted by major industry players, thereby presenting a thorough understanding of the competitive scenario in the global healthcare informatics market.
Healthcare Informatics Market: Key Segments
In terms of type, the global healthcare informatics market has been classified into hospital information systems, pharmacy information systems, laboratory information systems, medical imaging information systems, and health insurance information systems. The hospital information systems segment dominated the global market in 2020, owing to the implementation of several programs in emerging economies for the use of hospital information systems, and is likely to drive the segment during the forecast period. For instance, in Mexico, the initiation of the National Health Program in 2015 to establish infrastructure base for the adoption of electronic health records and other hospital management systems is anticipated to drive the market in the near future.
The hospital information systems segment has been split into electronic health record, electronic medical record, real-time healthcare, patient engagement solutions, population health management, and others. The pharmacy information systems segment has been segregated into prescription management, automated dispensing systems, inventory management, and others. The medical imaging information systems segment has been split into radiology information systems, monitoring analysis software, picture archiving & communication systems, and others.
Based on application, the global healthcare informatics market has been categorized into renal diseases, autoimmune diseases, oncology, cardiology, gynecology, respiratory diseases, and others. The oncology segment dominated the global market in 2020, owing to rise in use of healthcare informatics in oncology.
In terms of end user, the global healthcare informatics market has been divided into hospitals, specialty clinics, insurance companies, pharmacies, and others. The insurance companies segment is expected to expand at a high CAGR of 2021 to 2031.
Market size and forecast for each of these segments have been provided from 2017 to 2031. The CAGR of respective segment has been provided from 2021 to 2031, considering 2020 as the base year.
Healthcare Informatics Market: Regional Outlook
In terms of region, the global healthcare informatics market has been segmented into North America (U.S. and Canada), Europe (U.K., Germany, Spain, Italy, France, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa). Each region considered in the market has been divided into countries/sub-regions.
The healthcare informatics market report provides size and forecast for each region and country/sub-region from 2017 to 2031. The CAGR for each of these regions and countries has also been provided for the forecast period from 2021 to 2031. The healthcare informatics market study also covers the competitive scenario in these regions.
Companies Covered in Healthcare informatics Market Report
Key players in the global healthcare informatics market have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
Major companies profiled in the healthcare informatics market report are
- Medtronic
- Koninklijke Philips N.V.
- Health Gorilla
- Cerner Corporation
- MV Informática Nordeste Ltda.
- LabVantage Solutions, Inc.
- NXGN Management, LLC
- Allscripts Healthcare, LLC
- nThrive Revenue Systems, LLC
- Agfa HealthCare Corp
- Axiom Resource Management, Inc.
- Cardinal Health
- Benchmark Systems
- CNSI
Key Questions Answered in Healthcare Informatics Market Report
- What are the major drivers, restraints, and opportunities in the market?
- What will be the Y-o-Y growth of the global healthcare informatics market between 2021 and 2031?
- What are the revenue share projections of key segments of the global healthcare informatics market during the forecast period?
- Will North America continue to be the most profitable market for healthcare informatics?
- Which factors are anticipated to hamper the global healthcare informatics market during the forecast period?
- Which are the leading companies in the global healthcare informatics market?
Healthcare Informatics Market – Segmentation
Type
- Hospital Information Systems
- Electronic Health Record
- Electronic Medical Record
- Real-time Healthcare
- Patient Engagement Solutions
- Population Health Management
- Others
- Pharmacy Information Systems
- Prescription Management
- Automated Dispensing Systems
- Inventory Management
- Others
- Laboratory Information Systems
- Medical Imaging Information Systems
- Radiology Information Systems
- Monitoring Analysis Software
- Picture Archiving & Communication Systems
- Others
- Health Insurance Information Systems
Application
- Renal Diseases
- Autoimmune Diseases
- Oncology
- Cardiology
- Gynecology
- Respiratory Diseases
- Others
End User
- Hospitals
- Specialty Clinics
- Insurance Companies
- Pharmacies
- Others
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Quick Buy This Premium Report From Here: https://qyresearchmedical.com/report/checkout/111527/2900
You can place an order or ask any questions, please feel free to contact sales@qyresearchmedical.com | +1 9197 992 333
About Us
QYResearch Medical, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base & seminar services. The company owns large basic databases (such as National Bureau of Statistics Database, Customs Import and Export Database, Industry Association Database, etc.), expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in industries of healthcare services, medical technology & devices, etc.), professional survey team (the team members obtained more than 3 years market survey experience and more than 2 years deep expert interview experience), and excellent data analysis team (SPSS statistics and PPT graphics process team).
QYResearch Medical has more than 4000 global well-known customers, covering more than 30 industries including pharmaceuticals, medical technology & devices, healthcare services etc. Company services cover one-stop solution as Data-Analysis-Suggestion-Consulting Implementation. Research regions cover China, US, EU, Asia, Middle East and Africa, South America, Australia, and other regions in the world.
For Latest Update Follow Us:
URL – http://www.qyresearchmedical.com/
https://www.linkedin.com/company/qyresearch-medical/
https://www.facebook.com/QYResearch-Medical-108186514228917/