Asia Pacific Healthcare IT Market Size - Industry Trends & Outlook
The Asia Pacific healthcare IT market size reached US$ 58.91 Billion in 2024 and is expected to reach US$ 280.48 Billion by 2033, growing at a CAGR of 19.1% during the forecast period 2025-2033.
Healthcare IT is a sector that integrates hardware and software to collect, process, integrate, and analyze all the data related to healthcare. The commonly utilized healthcare IT tools are electronic health records (EHRs), virtual healthcare platforms, finance management software, administrative software, etc. Integration of IT with healthcare has revolutionized modern medicine.
In the Asia-Pacific region, which is currently the epicenter for healthcare investments, the market for healthcare IT is anticipated to experience tremendous growth in the forecast period. With the rising investments in the healthcare sector, technological advancements, among other factors, are significantly driving the overall market growth.
Executive Summary
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Asia Pacific Healthcare IT Market Dynamics: Drivers & Restraints
Rising investments in the healthcare sector are expected to drive the healthcare IT market
Asia-Pacific has been growing as a major hub for the healthcare industry, many market leaders which were earlier focussed in the Western countries have started investing in the region, to advance the region’s healthcare sector. As a result, automation has gained huge importance in recent times.
For instance, in February 2023, SwipeRx, a Southeast Asia technology platform for pharmacies, announced that it had received $10 million in fresh funds from Sanofi’s Global Health Unit and Cercano Management. Earlier in May 2022, the company received $27 million in funding. SwipeRx plans to utilize this funding for digital B2B commerce in the pharmacy industry.
Moreover, the implementation of AI in the healthcare industry is rising due to the increased budget allocation by firms and government agencies. This is anticipated to bring the advanced technologies in the Asian Healthcare IT market.
For instance, Augnito India Pvt. Ltd., an emerging Gen AI company focusing on the implementation of AI voice solutions, has reported a year-on-year growth of 300% in its revenue in 2023. This is due to the rising adoption of AI voice solutions in Asian countries, especially India. The company owns a Gen AI solution called “Ambient technology app” which uses its proprietary multi-lingual Medical Speech Recognition and GenAI technology, helping healthcare providers to interact with patients without the burden of manual data capture and input.
In February 2024, China Medical University Hospital (CMUH) in Taiwan announced the implementation of Google Cloud's generative AI technology “MedLM” a medically-tuned large language model. CMUH has developed a comprehensive "AI-assisted Physician" system that aims to assist healthcare professionals in disease diagnosis, treatment planning, patient education, medical research, etc. CMUH is one of the first university hospitals in Asia to test MedLM. The collaboration between CMUH and Google Cloud will introduce assistive tools designed to support medical professionals in precision cancer treatment.
High implementation costs is hampering the market growth
High implementation and maintenance costs are emerging as major constraints on the growth of the Asia-Pacific healthcare IT market. The deployment of advanced healthcare IT systems demands significant upfront capital, including costs for hardware acquisition, software licensing, customization, and integration with existing hospital infrastructure. These processes are not only expensive but also time-consuming, often requiring months of planning and the involvement of specialized teams such as IT professionals, consultants, and engineers. As a result, the high cost burden continues to limit the widespread implementation of digital health technologies, slowing the region’s transition to modernized, data-driven healthcare systems.
Asia Pacific Healthcare IT Market Segment Analysis
The Asia Pacific healthcare IT market is segmented based on type, modality, and end-user.
Type:
The electronic health records in the type segment are expected to hold 32% of the Asia Pacific healthcare IT market
The electronic health records (EHR) segment is expected to dominate the Asia-Pacific healthcare IT market, driven by increasing technological advancements and a growing focus on digitized patient care. The rising adoption of EHRs across the region reflects a shift toward integrated, data-driven healthcare systems.
For instance, in January 2025, India, Samsung introduced a health records feature to its Samsung Health app, enabling users to create and access their Ayushman Bharat Health Account (ABHA) directly through the platform. This allows individuals to manage health data from providers nationwide, empowering them to take control of their medical records. Such innovations not only enhance patient engagement but also align with national digital health missions.
Electronic health records are the electronic versions of patients' medical records that are easily accessible at any point in time, from anywhere in the world. EHR software is among the first technologies launched in the digital healthcare world. They are easy to implement and cost-effective solutions for many healthcare facilities.
Moreover, with the rising awareness of one’s health, the majority of the patients are tracking their health condition on a timely basis. EHRs have evolved, and as of now majority of the healthcare facilities have deployed some kind of EHR in their practices. The adoption of EHR is far higher in Asian Countries than any other digital health platform.
For instance, in February 2021, according to a survey published in the Journal of Internet Medical Research, the total number of hospitals that have adopted EHRs in China exceeded 16,000, surpassing the U.S., where the number of hospitals with EHR was only 4814. The adoption is greatly increasing in China, with nearly 1500 hospitals adopting EHR in their practice every year. Moreover, the majority of the players operating in the region, such as Epic, Athenahelath, Philips, and several prominent local players, are offering EHR software and services to healthcare facilities.
Asia Pacific Healthcare IT Market Top Companies
The top companies in the Asia Pacific healthcare IT market include GE healthcare, Koninklijke Philips NV, Siemens Healthineers AG, SAMSUNG, Altera Digital Health Inc., SAS Institute Inc., Optum Inc., Cognizant, Conduent Incorporated, and Dell Inc., among others.
Market Scope
| Metrics | Details | |
| CAGR | 19.1% | |
| Market Size Available for Years | 2022-2033 | |
| Estimation Forecast Period | 2025-2033 | |
| Revenue Units | Value (US$ Bn) | |
| Segments Covered | Type | Virtual Healthcare Platforms, Electronic Health Records (EHRs), Picture Archiving and Communication Systems (PACS), Vendor-neutral Archives (VNAs), Laboratory Information Systems (LIS), Radiology Information System (RIS), Clinical Decision Support Systems (CDSS), Others |
| Modality | Hardware, Software, Service | |
| End User | Payers, Providers | |
The Asia Pacific healthcare IT market report delivers a detailed analysis with 57 key tables, more than 46 visually impactful figures, and 168 pages of expert insights, providing a complete view of the market landscape.
