Global healthcare information systems market to see nearly $30B bump over 7 years

Analysts expect the global healthcare information systems market to experience a significant bump in value over the next five years, according to an analysis by Stratistics MRC.

Here are six trends:

1. The global healthcare information systems market accounted for $40.39 billion in 2015.

2. The market is expected to grow at a compound annual growth rate of 8.2 percent through 2022.

3. The market's value is predicted to reach $70.36 billion by 2022.

4. Rising number of government initiatives, increasing healthcare costs and the aging population are some factors driving the market growth.

5. A lack of experienced professionals will hinder market growth.

6. North America and Europe are dominating the global market.

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