Healthcare SaaS Market Report 2025 (Global Edition)

Global Healthcare SaaS Market Report 2025 Market Size Split by Solution Type (Electronic Health Records (EHR), Practice Management Systems (PMS), Revenue Cycle Management (RCM), Telehealth Solutions, ...

Healthcare SaaS Market Report Description

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Healthcare SaaS Market Insights Video

Competitive Landscape of the Healthcare SaaS Market

The Healthcare SaaS market features a competitive landscape characterized by numerous key players offering a range of solutions, including electronic health records, practice management, and telehealth services. Companies like Epic Systems and Cerner dominate the market, while emerging players such as Athenahealth and eClinicalWorks continue to gain traction. Strategic partnerships, mergers, and acquisitions are prevalent as firms seek to enhance their offerings and expand market reach. Additionally, innovation and compliance with regulations remain critical factors driving competition.

In September 2022, LifePoint Health, a comprehensive healthcare delivery network focused on improving community health, has formed a multi-year strategic partnership with Google Cloud. This collaboration aims to revolutionize healthcare delivery in communities throughout the United States by utilizing Google Cloud's Healthcare Data Engine (HDE) as part of LifePoint's initiatives. (Source: https://lifepointhealth.net/news/lifepoint-health-partners-with-google-cloud-to-transform-healthcare-delivery-in-communities-across-the-united-states) In April 2022, Cured has unveiled an advanced version of its digital marketing and customer relationship management (CRM) platform tailored for the healthcare sector. This enhancement supports the company’s mission to provide comprehensive care solutions. (Source: https://www.cured.health/resources/launching-next-gen-digital-marketing-and-crm-platform) In March 2022, Microsoft introduced an enhanced feature via the Microsoft Teams EHR connector specifically designed for Cerner. This updated Cerner-validated application broadens the functionality of the connector, simplifying the process for clinicians to initiate virtual appointments with patients or consult with colleagues directly within Teams from Cerner PowerChart. Clinicians can also easily invite additional care team members to these virtual sessions and receive real-time updates on appointment statuses, ultimately aiming to enhance patient care. (Source: https://learn.microsoft.com/en-us/microsoft-365/frontline/ehr-admin-oracle-health?view=o365-worldwide)

Top Companies Market Share in Healthcare SaaS Industry: (In no particular order of Rank)

• Epic Systems Corporation
• Cerner Corporation
• McKesson Corporation
• Allscripts Healthcare Solutions
• Athenahealth
• Inc.
• MEDITECH
• NextGen Healthcare
• GE Healthcare
• Siemens Healthineers
• eClinicalWorks
• Practice Fusion
• Kareo
• Greenway Health
• HIMSS Analytics
• Salesforce Health Cloud
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Healthcare SaaS Market

Which Region Dominates the Healthcare SaaS Market in 2024?

According to Cognitive Market Research, North America currently dominates the Healthcare SaaS market, and the region is expected to have significant growth during the projected period. This is due to the region's advanced healthcare infrastructure, high adoption rates of digital health solutions, and the presence of leading SaaS providers. Strong government initiatives promoting the digitization of health records and the emphasis on improving patient care and operational efficiency have further fueled growth. Additionally, the region's significant investment in healthcare IT and a growing demand for telehealth services have contributed to North America's dominant position in this market.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is experiencing the fastest CAGR in the Healthcare SaaS market due to rapid digital transformation, increased investment in healthcare IT, and rising healthcare expenditures. Growing populations and a rising demand for efficient healthcare solutions drive the adoption of SaaS applications. Additionally, government initiatives promoting telemedicine and electronic health records further enhance market growth. The increasing number of startups and established players offering innovative SaaS solutions tailored to regional needs also supports this upward trend in the Asia Pacific market.

The current report Scope analyzes Healthcare SaaS Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Healthcare SaaS

According to Cognitive Market Research, the global Healthcare SaaS market size was estimated at USD 29154.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 11661.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Healthcare SaaS market with a market size of USD 9201.07 million in 2024 and is projected to grow at a CAGR of 17.5% during the forecast period. The U.S. market's increasing adoption of cloud-based solutions, driven by the need for efficient healthcare management systems and enhanced data security is driving the Healthcare SaaS market.
• The Canada Healthcare SaaS market had a market share of USD 1399.40 million in 2024 and is projected to grow at a CAGR of 18.5% during the forecast period. Canada’s government initiatives promoting digitization is driving the Healthcare SaaS market.
• The Mexico Healthcare SaaS market is projected to witness growth at a CAGR of 18.2% during the forecast period, with a market size of USD 1061.21 million in 2024.

Europe Healthcare SaaS

According to Cognitive Market Research, the global Healthcare SaaS market size was estimated at USD 29154.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 8746.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.0% from 2024 to 2031.

• The United Kingdom Healthcare SaaS market had a market share of USD 1469.37 million in 2024 and is projected to grow at a CAGR of 18.8% during the forecast period. In the UK, Healthcare SaaS sales witness an upswing due to region's increasing adoption of cloud technologies and digital healthcare solutions.
• The France Healthcare SaaS market is projected to witness growth at a CAGR of 17.2% during the forecast period, with a market size of USD 804.66 million in 2024.
• According to Cognitive Market Research, the German Healthcare SaaS market size was valued at USD 1731.76 million in 2024 and is projected to grow at a CAGR of 18.2% during the forecast period. In Germany, Healthcare SaaS surged due to presence major market players.
• The Italy Healthcare SaaS market is projected to witness growth at a CAGR of 17.4% during the forecast period, with a market size of USD 752.18 million in 2024.
• The Russia Healthcare SaaS market is projected to witness growth at a CAGR of 17.0% during the forecast period, with a market size of USD 1355.67 million in 2024.
• The Spain Healthcare SaaS market is projected to witness growth at a CAGR of 17.1% during the forecast period with a market size of USD 717.19 million in 2024
• The Luxembourg Healthcare SaaS market is projected to witness growth at a CAGR of 18.1% during the forecast period, with a market size of USD 271.13 million in 2024.
• The Portugal Healthcare SaaS market is projected to witness growth at a CAGR of 17.8% during the forecast period, with a market size of USD 183.67 million in 2024.
• The Greece Healthcare SaaS market is projected to witness growth at a CAGR of 18.3% during the forecast period, with a market size of USD 104.96 million in 2024.
• The Rest of Europe's Healthcare SaaS market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 1355.67 million in 2024.

Asia Pacific Healthcare SaaS

According to Cognitive Market Research, the global Healthcare SaaS market size was estimated at USD 29154.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 6705.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Healthcare SaaS market size was valued at USD 3017.46 million in 2024 and is projected to grow at a CAGR of 21.0% during the forecast period. Healthcare SaaS surged in China due to rapid digital transformation, increasing healthcare infrastructure investments, and the rising adoption of telemedicine and cloud-based solutions.
• The Japan Healthcare SaaS market is projected to witness growth at a CAGR of 20.0% during the forecast period, with a market size of USD 925.35 million in 2024.
• The India Healthcare SaaS market had a market share of USD 804.66 million in 2024 and is projected to grow at a CAGR of 23.3% during the forecast period. India's rising awareness of the benefits of SaaS is driving the Healthcare SaaS market.
• The South Korean Healthcare SaaS market is projected to witness growth at a CAGR of 20.6% during the forecast period, with a market size of USD 670.55 million in 2024.
• The Australian Healthcare SaaS market is projected to witness growth at a CAGR of 21.2% during the forecast period, with a market size of USD 348.68 million in 2024.
• The South East Asia Healthcare SaaS market is projected to witness growth at a CAGR of 22.5% during the forecast period, with a market size of USD 462.68 million in 2024.
• The Rest of Asia Pacific Healthcare SaaS market is projected to witness growth at a CAGR of 21.3% during the forecast period, with a market size of USD 476.09 million in 2024.

South America Healthcare SaaS

According to Cognitive Market Research, the global Healthcare SaaS market size was estimated at USD 29154.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 1457.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Healthcare SaaS market size was valued at USD 623.90 million in 2024 and is projected to grow at a CAGR of 19.5% during the forecast period. Healthcare SaaS flourished in Brazil due to increasing investments in digital health infrastructure and the rising adoption of cloud-based healthcare solutions.
• Argentina's Healthcare SaaS market had a market share of USD 244.90 million in 2024 and is projected to grow at a CAGR of 19.8% during the forecast period. Argentina's improving healthcare access and efficiency is driving the Healthcare SaaS market.
• Colombia Healthcare SaaS market is projected to witness growth at a CAGR of 18.7% during the forecast period, with a market size of USD 129.74 million in 2024.
• Peru Healthcare SaaS market is projected to witness growth at a CAGR of 19.1% during the forecast period, with a market size of USD 119.53 million in 2024.
• Chile Healthcare SaaS market is projected to witness growth at a CAGR of 19.2% during the forecast period, with a market size of USD 104.96 million in 2024.
• The Rest of Latin America's Healthcare SaaS market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 234.69 million in 2024.

Middle East Healthcare SaaS

According to Cognitive Market Research, the global Healthcare SaaS market size was estimated at USD 29154.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 583.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031..

• The GCC Countries Healthcare SaaS market is projected to witness growth at a CAGR of 20.0% during the forecast period, with a market size of USD 249.56 million in 2024. Healthcare SaaS sales flourish due to the presence of major market players.
• The Egypt Healthcare SaaS market is projected to witness growth at a CAGR of 19.5% during the forecast period, with a market size of USD 61.22 million in 2024.
• The South Africa Healthcare SaaS market is projected to witness growth at a CAGR of 20.2% during the forecast period, with a market size of USD 92.13 million in 2024. Healthcare SaaS sales flourished in South Africa due to increasing government initiatives to modernize healthcare infrastructure and adopt digital health solutions.
• The Turkey Healthcare SaaS market is projected to witness growth at a CAGR of 18.7% during the forecast period, with a market size of USD 50.15 million in 2024.
• The Nigeria Healthcare SaaS market is projected to witness growth at a CAGR of 18.3% during the forecast period, with a market size of USD 61.22 million in 2024.
• The Rest of the MEA Healthcare SaaS market is projected to witness growth at a CAGR of 18.2% during the forecast period, with a market size of USD 68.80 million in 2024.

Healthcare SaaS Market Analysis

Healthcare SaaS Market Solution Type Segment Analysis

According to Cognitive Market Research, Electronic Health Records (EHR) are likely to dominate the Healthcare SaaS Market over the forecast period. The Electronic Health Records (EHR) solution type captured the largest market share in the Healthcare SaaS market due to its critical role in enhancing patient care and streamlining healthcare operations. EHRs enable healthcare providers to easily access and share patient information, improving coordination and reducing errors. The growing regulatory requirements for digital records and the increasing need for data analytics in healthcare further drive EHR adoption. Additionally, EHRs facilitate compliance with health data regulations, making them a preferred choice among healthcare organizations.

Practice Management Systems (PMS) are experiencing the highest CAGR in the Healthcare SaaS market due to their ability to streamline administrative tasks, enhance operational efficiency, and improve patient engagement. These systems facilitate appointment scheduling, billing, and insurance claims processing, which reduces administrative burdens on healthcare providers. Additionally, the increasing demand for integrated solutions that combine clinical and operational functions drives PMS adoption. As healthcare organizations focus on optimizing workflows and patient satisfaction, PMS solutions are becoming essential for successful practice management.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Healthcare SaaS Industry. Request a Free Sample PDF!

Healthcare SaaS Market Deployment Model Segment Analysis

According to Cognitive Market Research, the Public Cloud segment holds the largest share of the market. The Public Cloud deployment model has captured the largest market share in the Healthcare SaaS market due to its scalability, cost-effectiveness, and accessibility. Public Cloud solutions enable healthcare organizations to quickly scale resources according to their needs without significant upfront investments in infrastructure. This model also facilitates easier collaboration and data sharing among healthcare providers, enhancing patient care. Additionally, public cloud providers often offer robust security measures, making them attractive for healthcare organizations aiming to comply with regulations while benefiting from the latest technological advancements.

The Private Cloud deployment model is growing at the highest CAGR in the Healthcare SaaS market due to its enhanced security and compliance features. Healthcare organizations are increasingly prioritizing data privacy, and Private Cloud solutions offer dedicated resources, allowing for tighter control over sensitive patient information. This model also enables customized solutions tailored to specific organizational needs, ensuring optimal performance. As regulatory requirements become more stringent, the demand for Private Cloud solutions that can provide both security and flexibility continues to rise in the healthcare sector.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Healthcare SaaS End User Segment Analysis

Healthcare SaaS Market End User Segment Analysis

According to Cognitive Market Research, the Hospitals and Clinics segment holds the largest share of the market. Hospitals and clinics captured the largest market share in the Healthcare SaaS market due to their significant need for efficient management and streamlined operations. These facilities utilize SaaS solutions for electronic health records (EHRs), practice management, and billing processes, enhancing patient care and operational efficiency. The increasing focus on digital transformation in healthcare drives hospitals and clinics to adopt cloud-based solutions, leading to improved accessibility, data sharing, and compliance with regulatory requirements. This trend solidifies their dominance in the market.

The Pharmacies end-user segment is growing at the highest CAGR in the Healthcare SaaS market due to the rising demand for efficient inventory management, prescription processing, and patient engagement solutions. Pharmacies increasingly adopt cloud-based SaaS platforms to streamline operations, improve accuracy, and enhance customer service. Additionally, the integration of advanced analytics and reporting features in SaaS solutions helps pharmacies optimize their workflows and comply with regulatory requirements. The push for digital transformation in the healthcare sector further accelerates this growth.

• Hospitals and Clinics
• Diagnostic Centers
• Pharmacies
• Ambulatory Care Centers
• Others

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

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