Healthcare ERP Market Size, Share & Trends Analysis Report by Function (Inventory and Material Management, Supply Chain and Logistics, Patient Relationship Management, Finance and billing, and Others), By Deployment (On-Premises and Cloud), Region And Segment Forecasts, 2025-2034

Healthcare ERP Market Size Was valued at USD 7.78 Bn in 2024 and is predicted to reach USD 15.04 Bn by 2034 at a 6.9% CAGR during the forecast period for 2025-2034.

Healthcare ERP, also known as Healthcare Enterprise Resource Planning, is a software system that operates and streamlines the operations and activities of healthcare organizations. ERP systems are widely utilized in various industries, including healthcare, to combine and automate multiple activities, increase efficiency, and improve data management.

Healthcare ERP enables healthcare organizations to engage with patients successfully throughout their healthcare experience. This enhances patient satisfaction, communication, and the whole experience. Growing healthcare spending, poor hospital service management, a growing workforce scarcity, and a rapidly growing patient population at healthcare facilities are driving public and private partners to develop new forms of healthcare delivery. Clinicians are becoming more aware of the advantages of advanced technological solutions, such as providing high-quality patient care, lowering operational costs, and eliminating data silos in back-end operations, which is expected to grow demand for enterprise resource planning (ERP) solutions.

However, the COVID-19 epidemic put global healthcare systems to the test. The pandemic taxed the workforce, highlighted flaws in established systems, and shattered supply and demand cycles. Businesses are using cloud services to easily access data, optimize workflow, automate inventory and supply chain management operations, and improve the sector's financial and clinical outcomes as the industry shifts towards remote healthcare and remote working. 

Competitive Landscape:

Some of the Healthcare ERP Market Players are:

• SAP
• Sage Group PLC
• QAD, Inc.
• Odoo
• Infor
• Aptean
• Microsoft
• Oracle Corporation
• McKesson Corporation
• Epicor Software Corporation 

Market Segmentation:

The Healthcare ERP market is segmented on the basis of function and deployment. Function segment includes inventory & material management, supply chain & logistics, patient relationship management, finance & billing, and others. Deployment segment includes On-premises and cloud.

Based On Deployment, The On-Premises Segment Is Accounted As A Major Contributor In The Healthcare ERP Market

The on-premises category is expected to hold a major share of the global healthcare ERP market in 2022. This is attributed to less maintenance, low dependency on vendors, ease of access from remote places, minimized expenses, complete control over operations, security & privacy, and easy customization. On-premises software deployment is commonly referred to as "shrink-wrap" and covers the installation of systems and solutions on computers available within the firm.

Although these solutions are installed on-premises computers and servers, they can be accessed from anywhere, lowering implementation costs and power usage. However, the expansion of cloud computing and its increasing acceptance rates are likely to limit the growth of the on-premises segment. Furthermore, the physical area cost and maintenance cost of server rooms is projected to stifle the expansion of the on-premises category.

Finance & Billing Segment Witnessed Growth At A Rapid Rate

The finance & billing segment is projected to grow at a rapid rate in the global healthcare ERP market. Healthcare organizations are quickly using ERP systems in order to optimize operations and reduce barriers between front-end revenue cycle management activities and back-end activities such as claims management. These systems are being implemented by businesses to eliminate financial data silos, track profitability, manage ledgers, manage fixed assets, risk management, multi-currency management, reporting, and tax management. ERP solutions, which are predicted to boost the segment, enable comprehensive financial transparency, informed planning and budgeting, improved productivity, and real-time financial monitoring

In The Region, The North America Healthcare ERP Market Holds A Significant Revenue Share

The North America Healthcare ERP Market is expected to register the highest market share in terms of revenue shortly. This is due to the quickly evolving healthcare infrastructure, rising demand for innovative technological solutions, and the considerable presence of leading market participants. North American consumers are rapidly adopting ERP systems to improve productivity and cost savings through streamlining procedures.

Key North American players are developing and growing their product portfolios to serve small and medium-sized businesses. Due to rising healthcare costs and developing labor scarcity, Asia Pacific is expected to increase at the quickest rate during the projection period. Furthermore, poor health facility service management, an expanding patient community, the rising use of innovative technological solutions, and the introduction of start-ups are supporting the Asia Pacific market's growth.

Healthcare ERP Market Report Scope:

Segmentation of Healthcare ERP Market-

Healthcare ERP Market By Function-

• Inventory & Material Management
• Supply Chain & Logistics
• Patient Relationship Management
• Finance & Billing
• Others

Healthcare ERP Market By Deployment -

• On-Premises
• Cloud

Healthcare ERP Market By Region-

North America-

• The US
• Canada

Europe-

• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-

• Brazil
• Argentina
• Mexico
• Rest of Latin America

 Middle East & Africa-

• GCC Countries
• South Africa
• Rest of the Middle East and Africa