Towards Healthcare
Healthcare Enterprise Software Market Grows by 13.8% CAGR till 2034

Healthcare Enterprise Software Market Trends, Drivers and Forecasts (2024 - 2034)

Market insights predict the global healthcare enterprise software industry will increase from USD 43.62 billion in 2024 to USD 158.63 billion by 2034, achieving a CAGR of 13.8%. The healthcare enterprise software market is expanding due to its effective management of healthcare expenses as well as the advancements in cloud-based solutions. North America led the market due to the presence of advanced healthcare sectors.

Category: Healthcare Services Insight Code: 5590 Format: PDF / PPT / Excel

Shivani Zoting

Principal Consultant

Aditi Shivarkar

Reviewed By

The global healthcare enterprise software market size is calculated at US$ 43.62 in 2024, grew to US$ 49.63 billion in 2025, and is projected to reach around US$ 158.63 billion by 2034. The market is expanding at a CAGR of 13.8% between 2025 and 2034.

Healthcare Enterprise Software Market Size 2024 - 2034

Key Takeaways

  • North America dominated the global healthcare enterprise software market in 2024.
  • Asia Pacific is expected to be the fastest-growing during the forecast period.
  • By product type, the revenue cycle management (RCM) segment dominated the market in 2024.
  • By product type, the business intelligence (BI) segment is estimated to be the fastest growing during the forecast period.
  • By delivery mode type, the on-premise segment dominated the market in 2024.
  • By delivery mode type, the cloud-based segment is anticipated to be the fastest growing during the forecast period.
  • By application type, the healthcare providers segment dominated the global healthcare enterprise software market in 2024.
  • By application type, the healthcare payers segment is predicted to be the fastest growing during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 43.62 Billion
Projected Market Size in 2034 USD 158.63 Billion
CAGR (2025 - 2034) 13.8%
Leading Region North America
Market Segmentation By Product, By Delivery Mode, By Application, By Region 
Top Key Players

EPIC Systems Corporation, CPSI, Medical Information Technology Inc., Meta, SAP, Cognizant, Oracle, INFOR, eClinicalWorks., Allscripts Healthcare LLC, Change Healthcare, Optum Inc., Cerner Corporation, Athenahealth, Koninklijke Philips N.V.

Market Overview

With the rising technological advancements and business dynamic requirements, enterprise software development is evolving. This, in turn, has increased its use in various sectors such as healthcare, cleantech, education technology (EdTech), supply chain management, finance, as well as in human resources (HR). Furthermore, by using the case studies, it can help in the development of practical applications and frameworks for upcoming trends. It also helps in improving patient outcomes by adhering to the regulatory guidelines. This further reduces the complexity of healthcare services, enhancing their use.

  • In April 2025, 3 significant agreements were signed by a foremost provider of Revenue Cycle Management (RCM) solutions for healthcare providers, that is Millin, with Social Care Networks (SCNs) working across New York. With this collaboration, the merging of social care and health, as well as enhancing the outcomes of vulnerable populations, will solidify the commitment of Millin to its major expansion.
  • In April 2025, a total of 11 million USD has been raised to improve the market influence and the technology of an AI-driven revenue cycle management (RCM) platform known as pidClaims. A previously unannounced USD 3 million and USD 8 million Series A was provided by Accel with the contribution from Together Fund as the funding.

AI Integration in the Healthcare Enterprise Software Market

The healthcare sector is transforming due to the AI integration with the healthcare enterprise software. It helps in the identification of the risk of complications in any treatment. At the same time, merging AI with software can provide faster diagnosis, data analysis, as well as effective decision making. They can also be used to improve the accuracy of the data in electronic health record systems. Furthermore, the complications or errors during the billing, coding, or during claim rejections are effectively managed by AI integration with healthcare enterprise software.

Market Dynamics

Driver

Management of Healthcare Expenses

The healthcare system uses various advanced equipment, as well as diagnosis and treatment options. Along with these advances, the presence of skilled professionals contributes to the increased expenses of healthcare services. Thus, the demand for cost-effective strategies increases. This increases the adoption of healthcare enterprise software for effective management of all the complexities associated with it. Furthermore, it also provides faster results, which in turn enhances patient care and outcomes by managing queries from patients. It also enhances the billing and coding procedures. All these factors contribute to the healthcare enterprise software market growth.

Restraint

Privacy Concerns

The patient record consists of information about their medical history as well as it may sometimes contain payment information. Thus, it may get hacked, or any other cyber-attacks can cause this information to intrude on the patient's privacy. This, in turn, causes dissatisfaction as well as fear of misuse of their data among the patients. Thus, various rules and regulations are being set to decrease these frauds and enhance patient privacy and safety.

Opportunity

Advancements in Cloud-Based Solutions

There is a rising development in the cloud-based solution in the healthcare sector. It provides easy access to the patient records, helping in the effective management of the patients. At the same time, developments for quick access as well as automatic updates are also being considered to provide the latest versions of a cloud-based solution for healthcare services. Similarly, to protect the patient's data, various security settings as well as backups are also being introduced. Thus, these factors promote the healthcare enterprise software market growth.

For instance,

  • In April 2025, in the 2025 FinTech Award program, MDaudit was announced as the winner for providing the nation's leading healthcare organizations a cloud-based continuous risk monitoring platform for RCM, which reduces the risk associated with billing and increases revenues.

Segmental Insights

The Revenue Cycle Management (RCM) Segment Dominated

By product type, the revenue cycle management (RCM) segment dominated the market in 2024. The RCM offered improved management from patient registration to their payments. At the same time, it also helped in reducing the billing complications. Thus, this contributed to the healthcare enterprise software market growth.

Business Intelligence (BI) Segment: Fastest Growing

By product type, the business intelligence (BI) segment is estimated to be the fastest growing during the forecast period. Business intelligence is being used to identify the suitable treatment option for the patient. Furthermore, it also predicts the risk associated with the treatments as well as offers improved services, due to which their demand is rising.

The On-Premise Segment Dominated in 2024

By delivery mode type, the on-premise segment dominated the market in 2024. The on-premise solutions protected the patient’s data, which in turn, enhanced the privacy and safety of the patient. Furthermore, due to its adherence to the rules and regulations, its use increased, increasing the market growth.

The Cloud-Based Segment: Fastest Growing

By delivery mode type, the cloud-based segment is anticipated to be the fastest growing during the forecast period. A large volume of patients can be easily handled utilizing the cloud-based solutions. Moreover, its ease to access the data anytime and from any location is increasing its use in healthcare sectors.

The Healthcare Providers Segment Led in 2024

By application type, the healthcare providers segment dominated the global healthcare enterprise software market in 2024. The healthcare providers used the software for effective management of patient data as well as for clinical data. At the same time, the compliance with the rules and regulations of government and regulatory agencies promoted the healthcare enterprise software market growth.

Healthcare Payers Segment: Fastest Growing

By application type, the healthcare payers segment is predicted to be the fastest growing during the forecast period. For tracking claims or minimizing claim rejections, the software use is growing among healthcare payers. They also ensure data privacy and safety by identifying potential fraud. This, in turn, increases their need in the healthcare sector.

Advanced Healthcare Sectors Drive North America

North America dominated the healthcare enterprise software market in 2024. North America consists of well-established healthcare sectors along with technological advancements. This increased the use of enterprise software in healthcare for managing patient as well as clinical data. This contributed to the market growth.

The U.S. Healthcare Enterprise Software Market Trends

The technological advancements in the healthcare sector in the U.S. are helping to improve patient outcomes, which has increased the use of healthcare enterprise software. Furthermore, the government also provided incentives for the adoption of the same and for improving patient care.

The Canada Healthcare Enterprise Software Market Trends

The use of healthcare enterprise software in Canada is rising due to its effective management of clinical data. This is also increasing the collaborations within the companies due to the rising clinical trials. Furthermore, funding is also being provided to the companies for new software development.

Growing Healthcare Systems Boost the Asia Pacific

Asia Pacific is estimated to host the fastest-growing healthcare enterprise software market during the forecast period. Asia Pacific is experiencing rapid growth in the healthcare systems. At the same time, they are adapting to various technological advancements, raising the use of healthcare enterprise software, which in turn enhances the market growth.

The China Healthcare Enterprise Software Market Trends

The healthcare systems in China are well equipped and are now utilizing the healthcare enterprise software for enhancing patient data, which in turn will improve patient outcomes. This is further supported by the government.

The India Healthcare Enterprise Software Market Trends

India is experiencing an accelerated growth in the healthcare system along with technological advancements. Thus, various healthcare software is also being adopted along with enterprise software. Furthermore, the government is also contributing to the growth by offering cost-effective approaches.

Europe Driven by Technological Advancements

Europe is expected to grow significantly in the healthcare enterprise software market during the forecast period. Due to increasing complexities in the healthcare sector, there is an increasing need for healthcare enterprise software in Europe. The government and regulatory agencies are also supporting these technological advancements, which promote market growth.

The Germany Healthcare Enterprise Software Market Trends

Germany consists of a large number of healthcare systems, which increases the complexity associated with them. Thus, to reduce them and enhance the patient outcomes, they are increasing the use of different technological advancements along with the healthcare enterprise software for various tasks.

The UK Healthcare Enterprise Software Market Trends

The advantages of healthcare enterprise software and other technologies are increasing their demand in the UK. Furthermore, the government is also providing support for their adoption, and the regulatory agencies also contribute by approving the use of technologies that maintain patient safety and privacy.

Top Companies in the Healthcare Enterprise Software Market

Healthcare Enterprise Software Market Companies

Latest Announcements by Industry Leaders

  • In April 2025, Ritu Bhatnagar, the president and chief operating officer of Neolytix, stated that a best-in-class strategy to manage patient payments, improve overall financial performance, and minimize revenue leakage will be offered to the clients by effectively merging PatientPay’s advanced payment solutions with their service offerings.
  • In March 2025, Eddy West was promoted to director of enterprise applications by SGMC Health. He stated that he was greatly honored to step into this role. He further continued that his passion is to solve complex puzzles, and as the director, he will thoroughly view the obstacles they face. Thus, the operational efficiency, data accessibility as well as patient care will be improved by utilizing this perspective for designing suitable solutions.

Recent Developments in the Healthcare Enterprise Software Market

  • In April 2025, the adoption of advanced enterprise architecture (EA) for developing an efficient, interconnected, and secure medical ecosystem is driving the rapid digital revolution in healthcare. The impact of these innovations was explored by a healthcare technology expert, Suresh Kumar Gundala.
  • In March 2025, the launch of a new Revenue Cycle Management as a Service (RCMaaS) offering was announced by a pioneer in high-performance Revenue Cycle Management (RCM) services for top hospitals and health systems, that is Titan Health. A combination of best-in-class RCM practices with advanced technology was provided by this service, which permitted the healthcare providers to surpass benchmarks for time to revenue recovery and recovery rates.

Segments Covered in the Report

By Product

  • Revenue Cycle Management (RCM)
  • Customer Relationship Management (CRM)
  • Business Intelligence
  • Ententer prise Content Management

By Delivery Mode

  • On-Premise
  • Cloud-Based

By Application

  • Healthcare Providers
  • Healthcare Payers

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil Mexico
    • Argentina
  • Middle East and Africa (MEA) 
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 30 April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a healthcare market research expert with 2+ years of experience, specializing in analyzing trends, identifying growth opportunities, and providing actionable insights for businesses across healthcare sectors.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

EPIC Systems Corporation is the major player in the healthcare enterprise software market.

Asia Pacific is the fastest-growing market because of the growing healthcare systems.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.