Singapore Healthcare Information System Market

Singapore Healthcare Information System Market Insights Forecasts to 2035

• The Singapore Healthcare Information System Market Size Was Estimated at USD 2.24 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 13.1% from 2025 to 2035
• The Singapore Healthcare Information System Market Size is Expected to Reach USD 8.68 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the Singapore Healthcare Information System Market size is anticipated to reach USD 8.68 Billion by 2035, growing at a CAGR of 13.1% from 2025 to 2035. The market for healthcare information system in Singapore is mostly driven by hastening the implementation of hospital IT systems in numerous healthcare facilities and establishments. Government initiatives have stimulated the market. The growing number of elderly people, the prevalence of chronic illnesses, and the high cost of healthcare are all contributing to the demand for integrated healthcare systems.

Market Overview

The healthcare information system (HIS) refers to an extensive framework that includes administrative, financial, and legal data related to the health care provider or institution, in addition to the handling of health data. The market was dominated by the revenue cycle management category due to healthcare industry's rapid shift to digitization, which increased demand for sophisticated RCM solutions. User experiences and system capabilities are being improved by key players.

The industry has been stimulated by government initiatives that have accelerated the implementation of hospital IT systems in different healthcare facilities. The ageing population, high healthcare expenditures, and the burden of chronic illnesses all contribute to the increasing demand for integrated healthcare systems. HIPAA and other regulatory frameworks have a large impact on the healthcare information systems market. The healthcare system in Singapore is split between 20% private and 80% public.

In Singapore, government-owned public hospitals offer critical, ambulatory, and inpatient care. The market's high level of partnerships and collaborations highlights the industry's particular capacity to collaborate to conquer obstacles and seize possibilities. This is especially necessary to handle problems like data security, interoperability, and the integration of developing technologies.

Report Coverage

This research report categorizes the market for Singapore healthcare information system market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Singapore healthcare information system market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Singapore healthcare information system market.

Driving Factors

The healthcare information system market in Singapore is driven by the adoption of telehealth has been accelerated by government initiatives and regulations that support EHRs and other digital health technologies to improve quality and efficiency, lower healthcare costs and increase efficiency, and increase provider and consumer demand for remote consultations, monitoring, and access to health information. Demand for data-driven insights is rising, and patient-centred treatment is receiving more attention, with growing tools like patient portals, mobile health apps, and automated communication systems in HIS platforms.

Restraining Factors

The Singaporean healthcare information system market is restrained by the requirement to adhere to stringent privacy regulations, the possibility of data breaches, the high implementation and maintenance costs, and the incapacity of various systems to communicate with one another. Due to different healthcare information systems' lack of interoperability and standards, some medical professionals may oppose this cultural change.

Market Segmentation

The Singapore healthcare information system market share is classified into application, deployment, component and end user.

• The revenue cycle management segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Singapore healthcare information system market is segmented by application into laboratory informatics, revenue cycle management, hospital information systems, electronic health records, electronic medical records, real-time healthcare, patient engagement solutions, and others. Among these, the revenue cycle management segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the growing need for workflow optimization through the use of synchronized management software systems would propel the expansion of medical facilities. The market is always changing due to frequent technological improvements, and many payers and providers are embracing new developments.

• The web-based segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on deployment, the Singapore healthcare information system market is segmented into web-based, on-premises, and cloud-based. Among these, the web-based segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by strong appeal owing to their ease of use and accessibility. Healthcare workers can easily access vital information with this deployment approach from any place with internet connectivity, promoting a more flexible and effective workflow. The segment's strong market position was further enhanced by the simplicity of deployment and decreased infrastructure requirements.

• The services segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Singapore healthcare information system market is segmented by component into hardware, software, and services. Among these, the services segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the healthcare providers' growing reliance on services to streamline and optimize their information systems contributed to the segment's dominance. A variety of services, such as implementation, training, support, and consultancy, were offered, giving healthcare businesses all-encompassing options to improve their operational effectiveness.

• The hospitals segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on end user, the Singapore healthcare information system market is segmented into hospitals, diagnostic centres, academic and research institutes. Among these, the hospitals segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by the growth are the growing requirement for HIS improvement and the increase in HIS adoption for enhancing clinical, financial, and administrative efficiency. The need for HIS is rising as a result of the transition away from volume-based care and toward value-based care.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Singapore healthcare information system market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Napier Healthcare Solutions Pte. Ltd.
• Doctor Anywhere
• Oncoshot
• IQVIA
• MIMS Pte Ltd
• Medisys Innovation Pte Ltd
• Verita Healthcare Group
• MHC Asia Group
• Fullerton Health
• Alliance Healthcare Group
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

In January 2025, IQVIA, a leading provider of clinical research services, commercial insights, and healthcare intelligence, announced a strategic collaboration with NVIDIA to help realize the potential of AI in healthcare and life sciences.

Market Segment

This study forecasts revenue at the Singapore, regional, and country levels from 2020 to 2035. Decision Advisor has segmented the Singapore Healthcare Information System Market based on the below-mentioned segments:

Singapore Healthcare Information System Market, By Application

• Laboratory Informatics
• Revenue Cycle Management
• Hospital Information Systems
• Electronic Health Records
• Electronic Medical Records
• Real-time Healthcare
• Patient Engagement Solutions
• Others

Singapore Healthcare Information System Market, By Deployment

• Web-based
• On-premises
• Cloud-based

Singapore Healthcare Information System Market, By Component

• Hardware
• Software
• Services

Singapore Healthcare Information System Market, By End User

• Hospitals
• Diagnostic Centres
• Academic
• Research institutes

FAQ’s

Q: What is the Singapore healthcare information system market size?

A: The Singapore Healthcare Information System Market size is expected to grow from USD 2.24 billion in 2024 to USD 8.68 billion by 2035, growing at a CAGR of 13.1% during the forecast period 2025-2035. 

Q: What are the key growth drivers of the market?

A: Market growth is driven by the adoption of telehealth has been accelerated by government initiatives and regulations that support EHRs and other digital health technologies to improve quality and efficiency, lower healthcare costs and increase efficiency, and increase provider and consumer demand for remote consultations, monitoring, and access to health information. Demand for data-driven insights is rising, and patient-centred treatment is receiving more attention, with growing tools like patient portals, mobile health apps, and automated communication systems in HIS platforms.

Q: What factors restrain the Singapore healthcare information system market?

A: Constraints include the requirement to adhere to stringent privacy regulations, the possibility of data breaches, the high implementation and maintenance costs, and the incapacity of various systems to communicate with one another. Due to different healthcare information systems' lack of interoperability and standards, some medical professionals may oppose this cultural change.

Q: How is the market segmented by application?

A: The market is segmented into laboratory informatics, revenue cycle management, hospital information systems, electronic health records, electronic medical records, real-time healthcare, patient engagement solutions, and others

Q: Who are the key players in the Singapore healthcare information system market?

A: Key companies include the Napier Healthcare Solutions Pte. Ltd., Doctor Anywhere, Oncoshot, IQVIA, MIMS Pte Ltd, Medisys Innovation Pte Ltd, Verita Healthcare Group, MHC Asia Group, Fullerton Health, and Alliance Healthcare Group.

Q: Who are the target audiences for this market report?

A: The report targets market players, investors, end-users, government authorities, consulting and research firms, venture capitalists, and value-added resellers (VARs).