Navigation Links
Innovative Solutions Impact High-End Hospital Information Systems in Europe, Says Frost & Sullivan
Date:9/25/2013

LONDON, Sept. 25, 2013 /PRNewswire/ -- With the growing role of IT as an enabler for efficient and quality healthcare, hospital information systems are fast becoming essential. In Europe, the maturing HIS market continues to see steady growth. The expansion is further boosted by the regional governments' push for paperless documentation and patient data sharing through e-health strategies and health information exchanges.

New research from Frost & Sullivan (http://www.connectedhealth.frost.com), Analysis of the Hospital Information Systems (HIS) Market in Europe, finds that the market revenues stood at $3.91 billion in 2012. This is expected to grow to $4.88 billion in 2019.

Apart from patient data capturing and storage, the role of HIS has extended to patient information sharing. Clinicians and healthcare staff can thus access relevant patient information within healthcare organisations as well as from across communities and countries. These features have spurred HIS installations in healthcare institutions in Europe.

"The renewal of existing HIS solutions aimed at enhancing compatibility with other devices in the healthcare environment is also fuelling revenues," said Frost & Sullivan Healthcare Research Analyst Shruthi Parakkal. "The training programs provided by vendors have widened the pool of trained professionals capable of handling HIS and stimulated demand."

However, budgetary restrictions and data security concerns can dampen HIS uptake to an extent. Hospitals and healthcare organisations are struggling to justify the capital investment on HIS, as they are looking to decrease operational costs in the current economic scenario.

"HIS vendors must look to offer a high degree of data protection and flexibility in handling Big Data, in order to to ensure patient-centric care and become a preferred vendor," concluded Parakkal. "For instance, following a managed services approach using software-as-a-service and cloud software licensing will enable hassle-free maintenance of large amounts of patient information."

Market consolidation will also be a common trend, as HIS providers strive to expand their presence through strategic alliances with local participants.

If you are interested in more information on this research, please send an email to Anna Zanchi, Corporate Communications, at anna.zanchi@frost.com

Analysis of the Hospital Information Systems (HIS) Market in Europe is part of the Connected Health Growth Partnership Service program. Frost & Sullivan's related research services include: Global Pharmaceutical Contract Manufacturing Market, China Healthcare Information Technology Solutions Market, US Physician Revenue Cycle Management, and Electronic Medical Records (EMR) Market in Brazil. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Contact
Anna Zanchi
Corporate Communications – Europe
P: +39.02.4851 6133
E: anna.zanchi@frost.com
http://www.frost.com


'/>"/>
SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Frost & Sullivan Lauds Adcock Ingrams Capability to Innovatively Cater to the Dynamic Needs of Emerging Pharmaceuticals Markets
2. Pharmaceutical Marketing Groups Turning to Innovative Tactics and Strategies to Engage Key Customer Groups
3. LEXION Medical Continues to Receive Recognition for Innovative Technologies
4. Innovatives Trainingsmodul für grundlegende Fähigkeiten bei endovaskulären Eingriffen
5. Innovative Endovascular Basic Skills Training Module
6. University Health System-San Antonio Boosts Patient Safety: Upgrades Patient Monitoring to Innovative Pulse Oximetry Technology
7. Novation Innovative Technology Expo To Showcase Products that Improve Patient Outcomes, Increase Safety
8. Innovative BioDefense Introduces Zylast Antiseptic Lotion
9. Innovative Cancer Treatment Supported by NICE
10. Innovative Krebsbehandlung wird von NICE unterstützt
11. UBM Canon and MD+DI Proudly Announce 27 Innovative Products as Winners of the 2013 Medical Design Excellence Awards
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/8/2017)... 2017  Less than a month ago, amateur hackers ... companies, including hospital networks, in over 150 countries. ... the largest online extortion attempts ever recorded. With the ... is imperative that providers understand where the risks lie, ... — and many other very real cyber threats.  ...
(Date:6/7/2017)... 7, 2017  Novavax, Inc., (Nasdaq: NVAX ) ... 2 trials of its RSV F protein recombinant nanoparticle vaccine ... have been published in the journal Vaccine ... in prior scientific conferences). The Company previously announced top ... is developing the RSV F Vaccine with the goal of ...
(Date:6/3/2017)... INDIANAPOLIS , June 3, 2017  Eli ... today announced that results from the Phase 3 ... kinase (CDK)4 & 6 inhibitor, in combination with ... treatment with fulvestrant alone in women with hormone-receptor-positive ... advanced breast cancer who have relapsed or progressed ...
Breaking Medicine Technology:
(Date:6/23/2017)... ... 2017 , ... Studies show evidence that carotenoids and antioxidants derived either from ... these patients. , But how often do ophthalmologists and optometrists in Sweden recommend the ... of or with early symptoms of AMD? A study published recently in ...
(Date:6/23/2017)... ... 2017 , ... Everybody has their own personal preference when it comes to ... some people don't like it at all. FindaTopDoc took a look at what makes ... can give readers a taste of their deepest, darkest fantasies and has the ability ...
(Date:6/23/2017)... ... June 23, 2017 , ... Georgia State University will ... 20. , The two-day conference is focused on advancing scientific knowledge about the ... lives and eliminating racial breast cancer-related disparities. The conference theme is “Illuminating Actionable ...
(Date:6/23/2017)... ... June 23, 2017 , ... Ross Insurance ... With the Federal Emergency Management Agency’s (FEMA) recent update of flood zones, more ... 2012, the Biggert-Waters Act was enacted to reflect the actual risk in flood ...
(Date:6/23/2017)... ... June 23, 2017 , ... ... planning services to communities in the greater Chicago metropolitan area, is embarking on ... to underprivileged youth in Chicago. , Founded in 1897, Hephzibah Children’s Association is ...
Breaking Medicine News(10 mins):