Medical informatics

Chronicle

2024: Global Medical Informatics Market Size Reaches $29.13 Billion for the Year

In 2024, costs in the global medical informatics (informatics) market health care reached $29.13 billion. Almost half of this amount fell on the North American region. The corresponding data are provided in the Market Research Future study, the results of which TAdviser got acquainted with in mid-December 2025.

Medical informatics is an interdisciplinary field that covers the collection, processing, storage and use of data in medicine and healthcare using computer and telecommunications technology. The goals are to optimize information processes in healthcare, improve the quality and availability of medical care, improve management, reduce the time for diagnosis/treatment, introduce electronic document management, form a single information space for doctors and patients, etc.

One of the key drivers of the market, the authors of the study call technological progress. The integration of electronic health records (EMR), telemedicine services and data analysis systems is changing the way services are delivered and patient information managed. In particular, EMR provide benefits such as quick access to a complete medical history, improved data security (protection against loss and forgery), improved treatment quality through instant information sharing, reduced paperwork, and reduced human error. In turn, telemedicine technologies enable real-time communication and communication between patients and healthcare professionals without the need for face-to-face meetings.

The integration of artificial intelligence has a significant impact on the industry. Neural networks are used to analyze huge amounts of medical data, which allows you to identify hidden trends and develop personalized treatment plans. AI takes into account genetics and medical history, forming the most effective therapeutic programs. AI-based predictive analytics is used to identify at-risk patients and take the necessary measures to improve their health. In addition, AI helps distribute wards and equipment, as well as automate routine tasks.

Analysts note that in general, the medical informatics market is experiencing a noticeable shift towards a patient-oriented approach. There is an increase in the popularity of mobile applications designed to monitor the health of citizens.

Geographically, North America is leading the way in terms of health informatics costs with a 45% share: the region's dominance is driven by rapid adoption of advanced technologies, increased health care costs, and favorable government regulation. Europe is in second place with 30%, and the Asia-Pacific region closes the top three, which accounts for about 20%. The total contribution of other regions is estimated at 5%. Major industry players on a global scale are:

• Epic Systems;
• Cerner Corporation;
• Allscripts Healthcare Solutions;
• McKesson;
• Athenahealth;
• Philips Healthcare;
• Siemens Healthineers;
• IBM Watson Health;
• Oracle.

In 2025, the medical informatics market is expected to reach $33.11 billion. Market Research Future analysts believe that in the future, the CAGR will be 13.67%. Thus, by 2035, expenses may increase to $119.25 billion.^[1]

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