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GCC Healthcare Information Software Market by Development (On-Premise and Cloud) and by Application (Hospitals, Clinics, Medical Research Centers and others): Industry Analysis, Trends, Growth and Forecast 2023-2028

GCC Healthcare Information Software  Market Overview:

The GCC healthcare information software market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Healthcare information software (HIS) is a form of a computer-operated solution that captures, stores, transmits, and manages information related to a patient in the healthcare ecosystem. It collects and analyses healthcare data that helps doctors and patients in effective decision-making. It comprises computerized physician order entry, electronic health record (EHR), clinical decision support system, ePrescribing, consumer health informatics, telerehabilitation, telemedicine, telesurgery, health knowledge management, and eHealth software and services. Additionally, it is widely used as a preferred alternative for paperwork as it displays alert notifications to physicians and patients in cases of abnormalities. The data recorded by the healthcare information software is employed for diagnosis and treatments to prevent a disease from reaching an incurable stage. Two of the most used healthcare information software include the hospital information system (HIS) and personal information system (PIS), that aid in improving efficiency and offering a better service while minimizing operational errors and overall costs.

The growing adoption of digitalization across the healthcare sector majorly drives the market in the GCC region. Coupled with the rising demand for preventive care solutions due to the elevating prevalence of chronic diseases among the masses, this is propelling the uptake of HIS. Due to the sudden outbreak of coronavirus disease (COVID-19), the utilization of e-prescribing, mHealth, and telehealth have rapidly increased, thereby impacting the market. Along with this, major healthcare companies are integrating software-as-a-service (SaaS) for improving security, administration and management capabilities, scalability, data center infrastructure, uptime guarantee, customer support, customizability, and disaster recovery plan, which are also significantly supporting the market favorably. Also, the escalating deployment of SaaS in the healthcare industry for email, mobile services, productivity apps, data analytics, database server, and document management is acting as another growth-inducing factor. Apart from this, several governments and private organizations are heavily investing in the deployment of healthcare information software for efficient, effective, and advanced treatment solutions, along with the development of network infrastructure and cloud-based EHR solutions, which is creating a positive market outlook. Some other factors driving the market include continuous improvements in the healthcare infrastructure and extensive research and development (R&D) activities.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC healthcare information software market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC healthcare information software market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC healthcare information software market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC healthcare information software market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC healthcare information software market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC healthcare information software market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC healthcare information software market industry. Furthermore, the value chain analysis of the GCC healthcare information software market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Healthcare Information Software Market Segment Insights:

The GCC healthcare information software market has been analysed as followed:

Segmentation by Development:

  • On-Premise
  • Cloud

Segmentation by Application:

  • Hospitals
  • Clinics
  • Medical Research Centers
  • Others

Segmentation by Country:

  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Healthcare Information Software Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customisation:

The GCC healthcare information software  market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.

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