Hospital information system market to surpass $120.8b by 2034

Thanks to healthcare digitisation and the need for optimised workflows.

The hospital information system market, valued at $48.9b, is expected to reach over $120.8b by 2034, according to a Global Market Insights, Inc. report.

The sector’s expansion is attributed to rising healthcare digitisation, increasing requirements for interoperable solutions, and the growing need for optimised clinical workflows.

“Hospitals are increasingly opting for integrated software systems to handle patient records, clinical information, medical billing, and regulatory adherence,” the report said.

In addition, international and regional regulations are prompting hospitals to implement compliant, secure, and auditable systems.

Key trends driving growth include the rising adoption of cloud and artificial intelligence-based systems, which offer lower infrastructure costs and improved remote access.

Moreover, the growing prevalence of chronic diseases and ageing populations is increasing demand for advanced digital platforms that support patient tracking and treatment management.