Europe Healthcare Information Technology (IT) Market Size and Share
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 114.94 Billion |
| Market Size (2030) | USD 226.19 Billion |
| CAGR (2025 - 2030) | 14.50% |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Healthcare Information Technology (IT) Market Analysis by Mordor Intelligence
The Europe Healthcare Information Technology Market size is estimated at USD 114.94 billion in 2025, and is expected to reach USD 226.19 billion by 2030, at a CAGR of 14.5% during the forecast period (2025-2030).
In Europe, the growing demand for paperless technology, coupled with heightened government funding for healthcare services and infrastructure, is poised to propel market growth during the forecast period. For example, in September 2022, health ministers at the WHO Regional Committee for Europe approved the Regional Digital Health Action Plan for 2023–2030. This plan, spearheaded by WHO/Europe and the European Commission, aims to develop and implement telemedicine through various policies.
In another instance, Bertelsmann Investments, in May 2023, injected EUR 10 million (USD 11.02 million) into Patient21, a Berlin-based healthcare technology firm. Patient21's proprietary software platform streamlines the entire patient journey, enhancing treatment digitization, simplifying patient processes, and alleviating the administrative load on medical staff. Such significant investments and bolstered government initiatives underscore the anticipated growth of Europe's healthcare IT market during the forecast period.
Moreover, the strategic maneuvers of key players, including the launch of software and cloud-based healthcare services and collaborative efforts to broaden product availability, are set to further bolster the market. For instance, in June 2022, Vodori, a cloud-based software developer automating workflows for life science companies, made its European market debut. This expasion, driven by market demand, was facilitated through a long-term partnership with 3SIX Health. Vodori is leveraging dedicated resources to establish a robust European clientele spanning pharmaceuticals, biotechnology, medical devices, and diagnostics.
Additionally, in May 2023, Hexarad, a United Kingdom-based teleradiology service provider, unveiled OptiRad, a workflow management software aimed at enhancing efficiency in radiology departments. Given the surge of advanced technologies in healthcare IT and the active penetration of key players across Europe, the demand for the healthcare IT market is set to escalate during the forecast period.
In summary, bolstered by rising investments, supportive government initiatives, and proactive strategies from key players, Europe's healthcare IT market is on track for significant growth. However, challenges loom in the form of a skilled personnel shortage and high maintenance costs, which are expected to hinder this growth trajectory.
Europe Healthcare Information Technology (IT) Market Trends and Insights
Software Segment is Expected to Witness a Positive Growth Over the Forecast Period
Healthcare software solutions primarily assist medical professionals in training, research, diagnosis, database management, and equipment planning. Hospitals commonly utilize software for remote patient monitoring, telemedicine, electronic health records (EHR), hospital management, and appointment scheduling. The segment's growth is fueled by the rising launch of diverse healthcare software and strategic partnerships with medical centers across Europe. For example, in April 2023, the Princess Alexandra NHS Trust (PAHT) inked a decade-long deal with Oracle Health EHR. This collaboration aims to streamline PAHT's systems, consolidating multiple legacy digital and paper-based platforms into a unified EHR, thereby enhancing patient medication and treatment delivery.
Key players' presence, coupled with their strategic collaborations and acquisitions in various healthcare IT segments, is set to propel market growth. For instance, in July 2022, Dedalus Group, a prominent player in the European Digital Health arena, acquired the Healthcare Software Division of Italy's Lutech Group, a leading ICT services and solutions provider in Europe. This acquisition bolsters Dedalus' leadership in Italy's Hospital Information System/Laboratory Information System services. Additionally, government investments in software development for chronic disease detection significantly boost the segment's growth.
Further, in October 2022, the European Institute of Innovation & Technology (EIT) awarded EUR 3 million (USD 3.2 million) in EIT Health support over two years to two teams, Bonescreen and NIB Biotec, for their cancer early detection initiatives in Europe. Bonescreen, comprising five innovators, translates medical and AI research into software, aiding oncologists, radiologists, and patients in assessing bone health. Given such European government investments, the software segment is poised for robust growth.
In summary, driven by heightened software adoption, increased product launches, and surging investments, the segment is set for significant growth.
United Kingdom is Expected to Witness Healthy Growth in the Market Over the Forecast Period
The United Kingdom (UK) is poised for substantial growth in its healthcare IT market, driven by a robust digital health infrastructure, strategic government investments, and the presence of key industry players. For example, in March 2022, the Department for Business, Energy & Industrial Strategy (BEIS) and the Department of Health and Social Care (DHSC) allocated GBP 200 million (USD 255.4 million) to bolster NHS-led health research. This funding aimed to enhance diagnostics and treatment through innovative privacy-preserving platforms and clinical research services. Such significant government investments are set to boost the availability of advanced healthcare software in the UK, propelling market growth during the forecast period.
Moreover, the rising adoption of healthcare IT services in hospitals, coupled with expanded offerings from key players, is set to fuel the UK's market growth. For instance, between January and October 2022, Babylon Health's network of over 870 virtual healthcare providers in the UK facilitated over 1 million appointments within a year. This surge in healthcare IT service adoption underscores the growing demand, further driving the market's expansion in the UK. Similarly, in January 2023, CloudWave partnered with MEDITECH UK to deliver MEDITECH’s Expanse EPR (Electronic Patient Record) and MEDITECH Cloud Hosted offering to East Cheshire NHS Trust and Mid Cheshire Hospitals NHS Foundation Trust.
Hence, due to the increase in the adoption of healthcare IT services and a rise in financial support by government agencies to support the development of various software-based services, the United Kingdom is expected to witness significant growth over the forecast period.
Competitive Landscape
The Europe healthcare IT market is fragmented in nature due to the presence of several companies operating globally as well as regionally. A few of the major companies in the market are Veradigm (Allscripts Healthcare Solutions Inc.), Sysmex Corporation, Epic Systems Corporation, Siemens Healthcare GmbH, and Oracle.
Europe Healthcare Information Technology (IT) Industry Leaders
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Veradigm (Allscripts Healthcare Solutions Inc.)
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Sysmex Corporation
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Epic Systems Corporation
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Siemens Healthcare GmbH
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Oracle
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- March 2024: Oracle Health's electronic health record (EHR) became fully operational across the acute care facilities of the North West London Integrated Care System (ICS). This implementation equips caregivers with real-time access to patient information, facilitating informed care decisions and improved care coordination. With the successful integration of Oracle Health's EHR, the 12 acute care facilities within the North West London ICS are unified under a single EHR domain, catering to a patient population of 2.4 million.
- March 2024: inHEART, a private medical device firm known for its cutting-edge, AI-driven digital twin technology for the heart, secured FDA 510(k) clearance for its AI software module. This pioneering AI module offers fully automated segmentation of CT images, facilitating the swift creation of 3D cardiac models. This enhancement empowers inHEART to provide its solutions to physicians more rapidly and efficiently.
Europe Healthcare Information Technology (IT) Market Report Scope
As per the scope of the report, healthcare IT is the application of information processing involving computer hardware and software that deals with the storage, retrieval, sharing, and use of healthcare information, data, and knowledge for communication and decision-making.
The Europe healthcare IT market is segmented by business segment component, delivery mode, end user and geography. By component the market is segmented into laboratory information systems (LIS), picture archiving and communication system (PACS) and vendor neutral archive (VNA), radiology information systems (RIS), cardiovascular information system (CVIS), electronic health records (EHR), telemedicine, clinical decision support system (CDSS), claims management solutions, population health management solutions, fraud analytics, provider management services, billing and accounts management services, and other business segments. Other business segments include revenue cycle management and diagnostic purposes. By delivery mode, the market is segmented into software, hardware, services. By end user, the market is segmented into payers and providers. By geography, the market is segmented into Germany, United Kingdom, France, Italy, Spain, Rest Of Europe. The report offers the value (in USD) for the above segments.
| Laboratory Information Systems (LIS) |
| Picture Archiving and Communication System (PACS) and Vendor Neutral Archive (VNA) |
| Radiology Information Systems (RIS) |
| Cardiovascular Information System (CVIS) |
| Electronic Health Records (EHR) |
| Telemedicine |
| Clinical Decision Support System (CDSS) |
| Claims Management Solutions |
| Population Health Management Solutions |
| Fraud Analytics |
| Provider Management Services |
| Billing and Accounts Management Services |
| Other Business Segments |
| Software |
| Hardware |
| Services |
| On-premise |
| Cloud-based |
| Payers |
| Providers |
| Germany |
| United Kingdom |
| France |
| Italy |
| Spain |
| Rest of Europe |
| By Business Segment | Laboratory Information Systems (LIS) |
| Picture Archiving and Communication System (PACS) and Vendor Neutral Archive (VNA) | |
| Radiology Information Systems (RIS) | |
| Cardiovascular Information System (CVIS) | |
| Electronic Health Records (EHR) | |
| Telemedicine | |
| Clinical Decision Support System (CDSS) | |
| Claims Management Solutions | |
| Population Health Management Solutions | |
| Fraud Analytics | |
| Provider Management Services | |
| Billing and Accounts Management Services | |
| Other Business Segments | |
| By Component | Software |
| Hardware | |
| Services | |
| By Delivery Mode | On-premise |
| Cloud-based | |
| By End User | Payers |
| Providers | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe |
Key Questions Answered in the Report
How big is the Europe Healthcare Information Technology Market?
The Europe Healthcare Information Technology Market size is expected to reach USD 114.94 billion in 2025 and grow at a CAGR of 14.5% to reach USD 226.19 billion by 2030.
What is the current Europe Healthcare Information Technology Market size?
In 2025, the Europe Healthcare Information Technology Market size is expected to reach USD 114.94 billion.
Who are the key players in Europe Healthcare Information Technology Market?
Veradigm (Allscripts Healthcare Solutions Inc.), Sysmex Corporation, Epic Systems Corporation, Siemens Healthcare GmbH and Oracle are the major companies operating in the Europe Healthcare Information Technology Market.
What years does this Europe Healthcare Information Technology Market cover, and what was the market size in 2024?
In 2024, the Europe Healthcare Information Technology Market size was estimated at USD 98.27 billion. The report covers the Europe Healthcare Information Technology Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Healthcare Information Technology Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Europe Healthcare Information Technology (IT) Market Report
Statistics for the 2025 Europe Healthcare Information Technology (IT) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Healthcare Information Technology (IT) analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
