Technology

Healthcare Informatics Market Analysis 2024-2030: Trends Shaping the Industry’s Growth to USD 386,820 Million | Valuates Reports

Published

1 year ago

January 3, 2025

BANGALORE, India, Jan. 3, 2025 /PRNewswire/ — Healthcare Informatics Market is Segmented by Type (Hardware, Software, Services), by Application (Healthcare Providers, Healthcare Payers).

The Healthcare Informatics Market was estimated to be worth USD 218,500 Million in 2023 and is forecast to a readjusted size of USD 386,820 Million by 2030 with a CAGR of 8.4% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Healthcare Informatics Market:

The Healthcare Informatics market is set for substantial growth, driven by the increasing need for efficient data management and the digital transformation of healthcare services. Advancements in technology, including AI, machine learning, and cloud computing, enhance the capabilities and functionalities of healthcare informatics solutions. The growing emphasis on personalized medicine, patient-centric care, and evidence-based decision-making further fuels the demand for sophisticated informatics tools. Additionally, government initiatives and regulatory support for the adoption of digital health technologies contribute to market expansion.

As healthcare providers continue to seek ways to improve patient outcomes, optimize operations, and comply with regulatory requirements, the Healthcare Informatics market is poised to achieve significant milestones in the coming years. The integration of innovative technologies and the ongoing evolution of healthcare practices ensure a robust growth trajectory for the market.

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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL HEALTHCARE INFORMATICS MARKET:

Software solutions are pivotal in driving the growth of the Healthcare Informatics market by enhancing data management and operational efficiency within healthcare institutions. Advanced healthcare informatics software systems enable the seamless integration and analysis of vast amounts of patient data, facilitating improved clinical decision-making and personalized patient care. These software tools support electronic health records (EHRs), patient management systems, and data analytics platforms, which streamline workflows and reduce administrative burdens. Additionally, software advancements in areas such as telemedicine, remote monitoring, and AI-driven diagnostics contribute to more effective and efficient healthcare delivery. The increasing adoption of healthcare informatics software by hospitals, clinics, and other healthcare providers is critical in driving market growth, as it enables the optimization of resources, enhances patient outcomes, and supports the overall digital transformation of the healthcare sector.

Services are a key driver in the growth of the Healthcare Informatics market, encompassing a range of offerings that support the implementation, management, and optimization of informatics systems in healthcare settings. These services include consulting, system integration, training, and ongoing technical support, which are essential for the successful deployment and utilization of healthcare informatics solutions. Professional services help healthcare providers navigate the complexities of adopting new technologies, ensuring that systems are tailored to meet specific operational needs and regulatory requirements. Additionally, managed services and cloud-based solutions offer scalable and flexible options for healthcare institutions, allowing them to focus on core clinical functions while outsourcing IT management. The demand for comprehensive and specialized services to enhance the functionality and efficiency of healthcare informatics systems drives market growth by enabling seamless integration and continuous improvement of healthcare technologies.

Healthcare providers are a major catalyst in the growth of the Healthcare Informatics market, as they drive the demand for advanced informatics solutions to enhance patient care and operational efficiency. Hospitals, clinics, and other healthcare institutions increasingly adopt informatics systems to manage patient data, streamline workflows, and support clinical decision-making processes. The growing emphasis on evidence-based medicine, patient-centered care, and the need for accurate and timely information management necessitate the integration of sophisticated healthcare informatics tools. Furthermore, the rising demand for interoperability and data sharing across different healthcare systems encourages the adoption of standardized informatics solutions. By leveraging healthcare informatics, providers can improve the quality of care, reduce errors, and optimize resource allocation, thereby driving the expansion of the Healthcare Informatics market.

The increasing adoption of Electronic Health Records (EHRs) is a crucial factor driving the Healthcare Informatics market. EHRs provide a comprehensive and centralized repository of patient information, enabling healthcare providers to access and share patient data efficiently. The transition from paper-based records to digital EHR systems enhances data accuracy, reduces duplication, and improves the continuity of care. Government initiatives and incentives to promote the adoption of EHRs further accelerate market growth, as healthcare institutions invest in informatics solutions to comply with regulatory requirements and improve service delivery. The widespread implementation of EHR systems fosters better patient management, facilitates seamless communication among healthcare professionals, and supports advanced analytics, making EHR adoption a key driver in the Healthcare Informatics market.

Interoperability and integration capabilities are essential factors driving the Healthcare Informatics market. The ability to seamlessly exchange and integrate data across different healthcare systems and platforms is critical for enhancing patient care and operational efficiency. Interoperable healthcare informatics solutions enable the sharing of patient information among various stakeholders, including hospitals, clinics, laboratories, and insurance providers, ensuring a holistic view of patient health. This integration supports coordinated care, reduces errors, and minimizes delays in information transfer, leading to improved clinical outcomes. The emphasis on developing standardized protocols and interoperable systems by industry leaders and regulatory bodies further supports the adoption of integrated healthcare informatics solutions. As interoperability becomes increasingly important in the healthcare landscape, the demand for integrated informatics systems continues to drive market growth.

The shift towards patient-centric care models is a significant driver of the Healthcare Informatics market. Modern healthcare emphasizes personalized and patient-centered approaches, focusing on the individual needs and preferences of patients. Healthcare informatics solutions support this shift by providing tools for better patient engagement, monitoring, and care coordination. Systems that facilitate telehealth, remote patient monitoring, and personalized treatment plans enhance the patient experience and improve health outcomes. Additionally, patient portals and mobile health applications empower patients to take an active role in managing their health, leading to increased demand for informatics tools that support these interactions. The focus on delivering high-quality, patient-centric care drives the adoption of advanced healthcare informatics solutions, thereby propelling market growth.

Rising healthcare expenditure is a major factor influencing the Healthcare Informatics market. As healthcare costs continue to increase globally, there is a growing need for cost-effective solutions that can optimize resource utilization and improve operational efficiency. Healthcare informatics tools enable organizations to streamline administrative processes, reduce redundancies, and enhance productivity, thereby controlling costs and improving financial performance. Additionally, informatics solutions support preventive care and chronic disease management, which can lead to long-term cost savings by reducing hospitalizations and medical interventions. The increasing investment in healthcare infrastructure and digital transformation initiatives further drives the demand for healthcare informatics solutions. As healthcare providers seek to manage rising costs while delivering high-quality care, the adoption of informatics technologies becomes essential, fueling market growth.

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HEALTHCARE INFORMATICS MARKET SHARE:

The industry’s leading producers are Optum, Inc., Cerner Corporation and Cognizant, with revenue ratios of 4.827%, 3.052% and 2.452%, respectively, in 2019.

The Healthcare Informatics market exhibits significant regional variations, influenced by factors such as healthcare infrastructure, government initiatives, and technological adoption rates. North America leads the market, driven by the presence of advanced healthcare systems, high investments in healthcare IT, and supportive government policies promoting digital health initiatives. Europe follows closely, with substantial growth driven by the increasing focus on healthcare digitization, interoperability, and data security.

The Asia-Pacific region is experiencing rapid expansion, fueled by the rising healthcare expenditure, growing population, and increasing adoption of electronic health records and telehealth services. Emerging markets in Latin America, the Middle East, and Africa also show promising potential, supported by improving healthcare infrastructure and rising demand for efficient data management solutions. Regional differences in economic development, healthcare policies, and technological advancements shape the growth dynamics and opportunities within the Healthcare Informatics market.

Key Companies:

OptumCerner CorporationCognizantChange HealthcarePhilips HealthcareEpic SystemsAllscriptsAthenahealthGE HealthcareInterSystemsNextGen HealthcareEClinicalWorksMeditechGreenway HealthMedhostCPSIE-MDS Inc.CureMD HealthcareKareoAdvancedMD (Global Payments)

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– Healthcare Information Technology (HIT) Market

– Healthcare Informatics and Patient Monitoring market was valued at USD 192.4 Million in 2023 and is anticipated to reach USD 368.2 Million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.

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– Healthcare Data Informatics Software Market was estimated to be worth USD 563.2 Million in 2023 and is forecast to a readjusted size of USD 1008.7 Million by 2030 with a CAGR of 7.5% during the forecast period 2024-2030.

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– Drug Discovery Informatics Market was estimated to be worth USD 1 Million in 2023 and is forecast to a readjusted size of USD 1 Million by 2030 with a CAGR of 9.0% during the forecast period 2024-2030.

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Technology

1-800Accountant Launches Tax Savings Services Designed for 1099 Workers

Published

10 minutes ago

April 22, 2026

New offering helps independent contractors structure their business to reduce their tax burden from day one

NEW YORK, April 22, 2026 /PRNewswire/ — 1-800Accountant, the nation’s leading virtual accounting firm for small businesses, announced the launch of a new service offering built specifically for 1099 workers and independent contractors. The service helps freelancers and self-employed professionals work with an accountant to select the right business setup for their income, with a focus on reducing taxes from the start.

Growth Is Outpacing Tax Readiness

Independent contractor work has grown significantly in recent years. 1-800Accountant’s client data shows sharp year-over-year growth across contractor-heavy industries, with Consulting up 17%, Construction up 10%, and Service-sector clients growing more than 200% compared to 2024. Despite this growth, many contractors continue to overpay their taxes because they operate without a formal business structure in place or the right tax election.

The gap is particularly visible in industries like Healthcare, Engineering, and Legal, where LLC adoption among 1-800Accountant clients sits at 81%, 72%, and 71%, respectively, well below the 90%-plus rates seen in higher-adoption industries like Construction and Real Estate. 1-800Accountant’s new business tax optimization service closes that gap by matching contractors with the right business type while ensuring their business is set up correctly before they file their first return.

“Independent contractors continue to be one of the fastest-growing segments of the American workforce, and they are also among the most underserved when it comes to strategic tax planning,” said Mike Savage, Founder and CEO of 1-800Accountant. “That lack of planning means that most 1099 workers don’t realize how much they’re leaving on the table. This service changes that. We’re giving contractors access to the same strategic advantages that established businesses have, ensuring the right business setup from the beginning.”

Tax Strategy Built In from Day One

These services walk clients through a structured process that includes accountant-recommended business types, registering with the appropriate state agencies, and coordinating with an accountant to ensure alignment between the structure and the client’s specific tax situation. 1-800Accountant integrates business setup for 1099 earners into a broader tax strategy tailored around each contractor’s income level, filing status, and long-term goals.

“What sets us apart is the tax strategy layer,” said Ryan Teeples, Chief of Strategy at 1-800Accountant. “What contractors and gig workers actually need are professionals to help them understand which tax setup makes the most sense for their income, their industry, and where they want their business to go. Then, we do the work to save on both their business and personal taxes. That’s what we’re delivering here.”

The service is available now to new and existing 1-800Accountant clients. Pricing starts at $19 per month (plus any government filing fees) and includes business setup evaluation, tax return preparation and filing, state registration, federal registration, simple-to-use AI bookkeeping software, and a consultation with a tax expert for onboarding and explanation of their individual tax situation.

About 1-800Accountant

1-800Accountant is the nation’s leading virtual accounting firm for small businesses and independent contractors. With a team of credentialed accountants and tax professionals, 1-800Accountant provides bookkeeping, tax preparation, tax planning, and advisory services to clients across all 50 states. The firm is committed to making professional accounting accessible and affordable for business owners at every stage.

Contact: Wyatt Johnson
Content Manager, 1-800Accountant
920-807-9159 | media@1800accountant.com

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SOURCE 1-800Accountant

Technology

9fin launches in APAC to expand global credit coverage

Published

10 minutes ago

April 22, 2026

With APAC playing a bigger role in increasingly complex global credit markets, 9fin brings the news, data and AI tools professionals need to navigate volatility

HONG KONG, April 22, 2026 /PRNewswire/ — 9fin, the AI-native information platform for global debt markets, has formally launched in the Asia Pacific region, giving credit professionals access to cutting-edge news, data and analysis across private and public bonds and loans.

As the 9fin team continues to grow quickly across APAC from its initial base in Hong Kong, it is supporting firms locally by providing proprietary credit intelligence, comprehensive data, and AI-powered workflow tools, all within one unified platform.

The launch comes as the tussle between public and private markets intensifies in APAC, making it more important than ever for banks, asset managers, advisors, and law firms to have visibility across the full credit landscape. While bond issuance has dropped amid geopolitical disruption, private credit activity remains robust as borrowers seek alternative financing options.

By combining deal intelligence from local sources with its extensive global credit database and AI tools, the 9fin platform gives users a comprehensive view across fragmented markets. The APAC platform includes coverage of more than 1,800 issuers and 16,000 instruments, with issuance history dating back to 2003 following 9fin’s acquisition of Bond Radar, in March 2025.

9fin is already used by more than 300 institutions globally, including KKR, Apollo, BNP Paribas, and Kirkland & Ellis. The company’s APAC buildout — supported by its $170 million Series C fundraise in March 2026 — marks the next phase of its global expansion.

Steven Hunter, CEO and co-founder at 9fin, commented: “APAC is a complex region and is becoming even more so as private markets expand and geopolitical volatility increases. The region needs a faster, smarter platform covering the full picture across bonds, loans, private credit and distressed. That’s exactly what 9fin provides. With our full platform now live in APAC, we’re giving our users the clarity to make informed decisions, faster.”

9fin’s APAC launch follows its expansion across the US, Europe, and Latin America, with CEEMEA to follow.

About 9fin

9fin is the AI-native platform for global debt markets. Founded by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, the company combines data, analytics, and AI-powered workflows in a single platform, helping clients work smarter and faster to outperform their peers.

The company is headquartered in London, with offices in New York, Hong Kong, and Belfast and with teams across Latin America and Asia. For more information, visit 9fin.com.

Media contacts
Jessica Simpkin
jessica.simpkin@9fin.com
Shree Dhond/Katie Nerantzis
Dukas Linden Public Relations | 9fin@dlpr.com

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Technology

Trimble First Quarter Earnings Call and Webcast

Published

10 minutes ago

April 22, 2026

WESTMINSTER, Colo., April 22, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) will hold a conference call on Wednesday, May 6, 2026 at 8 a.m. ET to review its first quarter 2026 results. The call will be broadcast live on the web at https://events.q4inc.com/attendee/544327873. Analysts who wish to dial into the call may do so by first registering at https://events.q4inc.com/analyst/544327873?pwd=s5ilhwSm. Upon registration, dial-in details will be sent via email to the registrant.

About Trimble

Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it is helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

FTRMB

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SOURCE Trimble