Hospital Information System Market Projected To Reach USD 405.6 Billion By 2030
San Francisco, 20 March 2023: The Report Hospital Information System Market Size, Share & Trends Analysis Report By Type (EHRs, Patient Engagement Solutions), By Component (Software, Services), By Deployment (On-premise, Cloud-based), By Region, And Segment Forecasts, 2023 - 2030 The global hospital information system market size is expected to reach USD 405.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 17.4% from 2023 to 2030. Hospital information systems are being increasingly adopted to improve operational efficiency in the legal, administrative, and financial tasks in hospital facilities, which is one of the key factors driving industry growth. Moreover, increasing awareness about advanced IT services and rising demand to curb the growing healthcare costs are other key drivers of the industry. Several benefits associated with HIS, such as lower healthcare expenditure and higher operational efficiency