Worldwide Healthcare Market Forecast 2024-2029, $M
Worldwide Healthcare Market Forecast 2024-2029, $M

In 2024, the global Healthcare software market grew to $36.3 billion, marking a 9.9% year-over-year increase. The top 10 vendors accounted for 42.8% of the total market. Microsoft led the pack with a 12.1% market share, followed by Oracle, athenahealth, and Salesforce.

Through our forecast period, the Healthcare applications market size is expected to reach $47.9 billion by 2029, compared with $36.3 billion in 2024 at a compound annual growth rate of 5.7%.

Healthcare (Healthcare providers, hospitals, physicians, clinics, hospices) – Electronic Health Records, Practice Management, Revenue cycle management, Financials, HR, Procurement

Consolidation among national healthcare providers will accelerate system standardization, while reimbursement cuts, especially by the US government, will prompt regionals to do the same in order to drive costs down. New E-Prescription rules, medical procedure code changes, health record systems will have a profound impact on workflow and revenue cycle management.

Top 10 Healthcare Software Vendors in 2024 and their Market Shares

RankVendorHealthcare Apps2022 Healthcare Apps Revenues, $M2023 Healthcare Apps Revenues, $M2024 Healthcare Apps Revenues, $MYoY Growth2024 Healthcare Market Share, %
1MicrosoftMicrosoft Dynamics 365 for Finance and Operations, Microsoft Power BI Subscribe Subscribe Subscribe7.8% Subscribe
2OracleOracle Cerner Millennium, Oracle Cloud ERP, Oracle Cloud HCM, Oracle EPM Cloud, Oracle Analytics Cloud Subscribe Subscribe Subscribe16.4% Subscribe
3athenahealthathenaClinicals, athenaOne Subscribe Subscribe Subscribe6.1% Subscribe
4SalesforceSalesforce Health Cloud, Salesforce Marketing Cloud, Salesforce Service Cloud Subscribe Subscribe Subscribe9.3% Subscribe
5Epic SystemsEPIC EHR, Epic MyChart, Epic Cosmos Subscribe Subscribe Subscribe12.2% Subscribe
6SAPSAP S/4 HANA, SAP Analytics Cloud, SAP SuccessFactors Employee Central Subscribe Subscribe Subscribe14.8% Subscribe
7Constellation SoftwareCSI Harris Amazing Charts EHR, Allscripts TouchWorks EHR, Allscripts Sunrise EPR, MEDHOST Subscribe Subscribe Subscribe20.4% Subscribe
8ServiceNowServiceNow ITSM, ServiceNow Now Platform Subscribe Subscribe Subscribe25.1% Subscribe
9CompuGroup MedicalCGM Aprima, CGM Medisoft Subscribe Subscribe Subscribe1.1% Subscribe
10WorkdayWorkday Financial Management, Workday HCM, Workday Adaptive Planning (ex Adaptive Insights) Subscribe Subscribe Subscribe18.4% Subscribe
Subtotal Subscribe Subscribe Subscribe11.8% Subscribe
Other Subscribe Subscribe Subscribe8.5% Subscribe
Total2960332987362579.9%100.0%

Source: Apps Run The World, July 2025

Other Healthcare software providers included in the report are: Adobe, ADP, Ansys Inc., Ascom, Box Inc., Brightree, Cegedim, Cisco Systems, CompuGroup Medical, Computer Programs and Systems Inc, Constellation Software Inc., Cornerstone OnDemand, Craneware plc, DrFirst, Dropbox, eClinicalWorks, Edifecs, Inc, Equifax, Exela Technologies, Inc., Experian Health, Eyefinity, Fiserv, Genesys, Google, Greenway Health, GHX, Gusto, HealthStream, Homecare Homebase, Huron, Hyland, Infor, IQVIA, McKesson, MedeAnalytics Inc, MEDHOST, MEDITECH, Meridian Medical Management, NantHealth, NexTech Systems Inc., NextGen Healthcare, Open Text Corporation, PDS, Qlik, Qualifacts Systems Inc., RingCentral, Roper Technologies, Inc., SAP, SAS Institute, SCC Soft Computer, SDB Ayton, ServiceNow, Siemens Digital Industries Software, SSI Group, TeleTracking Tech Inc., TELUS Health, TMA Systems, UKG, Vizient, Waystar, WebPT, Workday, WellSky, ex Mediware Information Systems, Inc., XIFIN, Zoom Video Communications, and others.

Vendor Snapshot: Healthcare Market Leaders

Microsoft

Microsoft’s Dynamics 365 for Finance and Operations and Power BI play pivotal roles in the healthcare industry by streamlining financial management and delivering advanced analytics for clinical and operational decision-making. Microsoft has integrated AI-driven capabilities such as predictive analytics and automated data visualization within Power BI to enhance patient care insights and operational efficiency.

Oracle

Oracle’s healthcare portfolio, anchored by Oracle Cerner Millennium and complemented by Oracle Cloud ERP, HCM, EPM, and Analytics Cloud, supports comprehensive clinical, financial, and operational workflows for healthcare providers. The integration of AI and machine learning capabilities enhances patient data analysis, predictive care models, and resource optimization across large health systems. Serving thousands of healthcare organizations globally, Oracle’s cloud-based solutions facilitate scalable, data-driven care delivery and enterprise management.

athenahealth

athenaOne’s Ambient Notes feature uses generative AI to automate clinical note creation, helping clinicians spend more time on patient care. Additionally, AI-powered tools such as athenaOne Dictation and Voice Assistant, developed in partnership with Nuance, enhance documentation accuracy through advanced voice-to-text technology.

Salesforce

Salesforce’s Health Cloud, Marketing Cloud, and Service Cloud serve healthcare providers by enhancing patient relationship management, personalized outreach, and service delivery. The integration of Salesforce’s Einstein AI enables predictive analytics, care coordination, and automated workflows, improving patient engagement and operational efficiency.

Epic Systems

In 2024, Epic announced plans to introduce over 100 new AI features, including generative AI tools that help clinicians draft and simplify patient communications, auto-suggest orders, and assist with prior authorization. AI-powered ambient documentation tools, already deployed at more than 70 sites, enable real-time note generation during patient encounters, reducing clinician workload and burnout. Epic’s Cosmos, a large de-identified patient dataset, supports these AI efforts by providing real-world data to train and refine models, enabling personalized care insights and predictive analytics. Additionally, Epic is developing an AI Trust and Assurance suite to validate and monitor AI model performance within specific healthcare environments.

SAP

SAP’s healthcare solutions—including SAP S/4HANA, SAP Analytics Cloud, and SAP SuccessFactors Employee Central—support clinical and operational workflows, workforce management, and advanced data analytics for healthcare providers. SAP Analytics Cloud offers AI and machine learning capabilities that enable predictive analytics and data visualization to improve decision-making.

Constellation Software

Constellation Software, through its subsidiary Harris Computer Corporation, has expanded its healthcare footprint by acquiring key EHR and healthcare IT solutions, including Allscripts’ Hospitals and Large Physician Practices business segment in 2022, valued at up to $700 million. In 2023, Harris further enhanced its portfolio with the acquisitions of MEDHOST, a provider of EHR and healthcare IT solutions, and Amazing Charts, which serves nearly 4,000 medical practices with EHR and practice management software. These strategic acquisitions strengthen Constellation’s position as a notable player in the healthcare software market.

ServiceNow

ServiceNow’s healthcare solutions, including IT Service Management (ITSM) and the Now Platform, leverage AI to enhance operational efficiency and patient care. The Now Platform integrates AI-powered workflows, enabling healthcare organizations to automate tasks, streamline processes, and improve service delivery. ServiceNow’s AI capabilities support predictive analytics, incident management, and resource optimization, contributing to improved IT resilience and patient outcomes.

CompuGroup Medical

CompuGroup Medical (CGM) offers CGM Aprima and CGM Medisoft, electronic health record (EHR) and practice management solutions tailored for small to mid-sized healthcare practices. CGM Aprima integrates ambient AI through CGM AMBI, which listens to patient encounters and auto-generates structured notes, diagnoses, orders, and billing codes, enhancing documentation efficiency and reducing clinician burnout. CGM Medisoft, when bundled with CGM Aprima, provides a comprehensive solution for practice management and EHR needs. CGM’s solutions are utilized by over 1.6 million users across 56 countries, reflecting their widespread adoption in the healthcare sector.

Workday

Workday delivers integrated solutions for healthcare organizations through Workday Financial Management, Workday HCM, and Workday Adaptive Planning. These platforms leverage AI and machine learning to enhance financial operations, workforce management, and strategic planning. Workday’s AI capabilities, embedded across its applications, support predictive analytics, anomaly detection, and data-driven decision-making, enabling healthcare providers to optimize resource allocation, improve operational efficiency, and deliver quality care.

ARTW Technographics Platform: Healthcare  customer wins

Since 2010, our research team has been studying the patterns of Healthcare software purchases, analyzing customer behavior and vendor performance through continuous win/loss analysis. Updated quarterly, the ARTW Technographics Platform provides deep insights into thousands of Healthcare customer wins and losses, helping users monitor competitive shifts, evaluate vendor momentum, and make informed go-to-market decisions.

List of Healthcare customers  

CustomerIndustryEmpl.RevenueCountryProductCategory
AdventHealthHealthcare92000$18.0BUnited StatesEpic MyChartElectronic Health Record
Adventist HealthHealthcare28600$6.3BUnited StatesSalesforce Health CloudCustomer Engagement
Ascension HealthHealthcare142000$28.0BUnited StatesSalesforce Marketing CloudMarketing Automation
Ascension HealthHealthcare142000$27.2BUnited StatesEPIC EHRElectronic Health Record
Baptist Health SystemHealthcare6550$2.0BUnited StatesWorkday Financial ManagementERP Financial
BayCare HealthHealthcare32000$5.5BUnited StatesOracle Cerner MillenniumElectronic Health Record
Columbus Regional HealthHealthcare2400$650MUnited StatesCGM AprimaElectronic Health Record
Cone HealthHealthcare13000$4.5BUnited StatesWorkday Financial ManagementERP Financial
CVS HealthHealthcare219000$372.8BUnited StatesOracle Cloud ERPERP Financial
CVS HealthHealthcare219000$372.8BUnited StatesEpic MyChartElectronic Health Record
CVS HealthHealthcare219000$372.8BUnited StatesSAP S/4 HANAERP Financial
Dignity Health,CommonSpirit Health CompanyHealthcare60000$14.2BUnited StatesServiceNow ITSMIT Service Management
Dudley Group NHS Foundation TrustHealthcare4489$3.2BUnited KingdomAllscripts Sunrise EPRElectronic Health Record
Elara CaringHealthcare26000$5.2BUnited StatesServiceNow Now PlatformRobotic Process Automation
Elevance HealthHealthcare104200$176.8BUnited StatesOracle Cloud HCMCore HR
Elevance HealthHealthcare104200$176.8BUnited StatesSalesforce Service CloudCustomer Support
Envision Medical GroupHealthcare100$9MUnited StatesCGM AprimaElectronic Health Record
FreseniusHealthcare190000$23.9BGermanySAP Analytics CloudAnalytics and BI
Geisinger Health PlanHealthcare24000$7.7BUnited StatesServiceNow ITSMIT Service Management
Health First (FL)Healthcare5300$1.0BUnited StatesathenaClinicalsElectronic Health Record,Medical Practice Management
Health Service ExecutiveHealthcare94696$27.1BIrelandSAP S/4 HANAERP Financial
HealthscopeHealthcare19000$1.8BAustraliaMicrosoft Power BIProject Portfolio Management
Houston MethodistHealthcare27947$5.0BUnited StatesServiceNow ITSMIT Service Management
Hyde Park Medical CenterHealthcare38$5MUnited StatesCSI Harris Amazing Charts EHRElectronic Health Record
IHH HealthcareHealthcare65000$4.1BMalaysiaSAP SuccessFactors Employee CentralCore HR
Intermountain HealthHealthcare64000$16.1BUnited StatesSalesforce Health CloudCustomer Engagement
Intermountain HealthHealthcare64000$16.1BUnited StatesEpic CosmosData Warehouse
Maidstone and Tunbridge Wells NHS TrustHealthcare5000$3.3BUnited KingdomAllscripts Sunrise EPRElectronic Health Record
McKessonHealthcare43000$359.1BUnited StatesOracle Cerner MillenniumElectronic Health Record
MD RevolutionHealthcare150$15MUnited StatesCGM MedisoftMedical Practice Management
Memorial Healthcare SystemHealthcare16645$2.1BUnited StatesWorkday HCMCore HR
Molina HealthcareHealthcare18000$40.7BUnited StatesSalesforce Health CloudCustomer Engagement
Northwell HealthHealthcare87000$16.9BUnited StatesEPIC EHRElectronic Health Record
Novant HealthHealthcare36877$7.6BUnited StatesServiceNow Now PlatformRobotic Process Automation
Prima Bella Women’s HealthHealthcare40$4MUnited StatesCGM AprimaElectronic Health Record
Prime HealthCareHealthcare40000$7.4BUnited StatesathenaOneElectronic Health Record,Medical Practice Management
Priority Care PediatricsHealthcare100$12MUnited StatesCGM AprimaElectronic Health Record
ProvidenceHealthcare125000$30.7BUnited StatesOracle Cerner MillenniumElectronic Health Record
Revere HealthHealthcare2100$230MUnited StatesAllscripts TouchWorks EHRElectronic Health Record
St Vincent’s Health AustraliaHealthcare22500$3.0BAustraliaMicrosoft Dynamics 365 for Finance and OperationsERP Financial
Summit Medical GroupHealthcare12000$3.0BUnited StatesathenaClinicalsElectronic Health Record,Medical Practice Management
Tenet HealthcareHealthcare74480$20.7BUnited StatesathenaOneElectronic Health Record,Medical Practice Management
Trinity HealthHealthcare127000$23.9BUnited StatesMicrosoft Power BIAnalytics and BI
UMass Memorial Health CareHealthcare17000$3.5BUnited StatesWorkday Financial ManagementERP Financial
UnitingCare QueenslandHealthcare16500$1.1BAustraliaMicrosoft Dynamics 365 for Finance and OperationsERP Financial
USMD, Inc.Healthcare2000$277MUnited StatesAllscripts TouchWorks EHRElectronic Health Record
VillageMDHealthcare20000$3.5BUnited StatesathenaClinicalsElectronic Health Record,Medical Practice Management
ViollierHealthcare800$100MSwitzerlandSAP S/4 HANAERP Financial
VitaldentHealthcare300$45MSpainMicrosoft Dynamics 365 Customer InsightsCustomer Data Platform
Wellstar Health SystemHealthcare30000$7.0BUnited StatesWorkday HCMCore HR

Source: ARTW Buyer Insights Technographic Database

Custom data cuts related to the Healthcare Applications market are available:

  • Top 1000+ Healthcare Applications Vendors and Market Forecast 2024-2029
  • 2024 Healthcare Applications Market By Functional Market (16 Markets)
  • 2024 Healthcare Applications Market By Country (USA + 45 countries)
  • 2024  Applications Market By Region (Americas, EMEA, APAC)
  • 2024 Healthcare Applications Market By Revenue Type(License, Services, Hardware, Support and Maintenance, Cloud)
  • 2024 Healthcare Applications Market By Customer Size (revenue, employee count, asset)
  • 2024 Healthcare Applications Market By Channel (Direct vs Indirect)
  • 2024 Healthcare Applications Market By Product

Worldwide Enterprise Applications by Vertical Market

Exhibit 3 provides a forecast of the worldwide enterprise applications by vertical market from 2024 to 2029, highlighting market sizes, year-over-year growth, and compound annual growth rates across different industry sectors from Aerospace and Defense to Utilities.

Exhibit 3: Worldwide Enterprise Applications by Vertical Market Forecast 2024-2029 by Functional Market ($M)

Vertical Market, $M202220232024YoY Growth20292024-2029 CAGR, %
Aerospace & Defense Subscribe Subscribe Subscribe Subscribe Subscribe6.6
Automotive Subscribe Subscribe Subscribe Subscribe Subscribe5.6
Banking and Financial Services Subscribe Subscribe Subscribe Subscribe Subscribe5.5
Communications Subscribe Subscribe Subscribe Subscribe Subscribe6.2
Construction Subscribe Subscribe Subscribe Subscribe Subscribe6.1
Real Estate Subscribe Subscribe Subscribe Subscribe Subscribe5.8
Consumer Packaged Goods Subscribe Subscribe Subscribe Subscribe Subscribe6.3
Distribution Subscribe Subscribe Subscribe Subscribe Subscribe6.6
K-12 Subscribe Subscribe Subscribe Subscribe Subscribe6.2
Higher Education Subscribe Subscribe Subscribe Subscribe Subscribe6.6
Federal Government Subscribe Subscribe Subscribe Subscribe Subscribe5.9
State and Local Government Subscribe Subscribe Subscribe Subscribe Subscribe5.7
Public Safety Subscribe Subscribe Subscribe Subscribe Subscribe6.5
Healthcare Subscribe Subscribe Subscribe Subscribe Subscribe5.7
Life Insurance Subscribe Subscribe Subscribe Subscribe Subscribe5.7
P&C Insurance Subscribe Subscribe Subscribe Subscribe Subscribe6.1
Specialty Insurance Subscribe Subscribe Subscribe Subscribe Subscribe7.1
Leisure and Recreation Subscribe Subscribe Subscribe Subscribe Subscribe6.6
Hospitality and Lodging Subscribe Subscribe Subscribe Subscribe Subscribe6.1
Life Sciences Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Manufacturing Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Media Subscribe Subscribe Subscribe Subscribe Subscribe6.5
Faith-Based Nonprofit Subscribe Subscribe Subscribe Subscribe Subscribe5.7
Youth & Elderly Care Nonprofit Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Special Cause Nonprofit Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Oil and Gas Subscribe Subscribe Subscribe Subscribe Subscribe5.8
Professional Services Subscribe Subscribe Subscribe Subscribe Subscribe6.9
Retail Subscribe Subscribe Subscribe Subscribe Subscribe6.9
Transportation Subscribe Subscribe Subscribe Subscribe Subscribe6.9
Utility Subscribe Subscribe Subscribe Subscribe Subscribe5.3
Total Subscribe Subscribe Subscribe Subscribe Subscribe6.2

Source: Apps Run The World, July 2025

Exhibit 4 shows our projections for the enterprise applications market by vertical segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.

Worldwide Enterprise Applications Market Forecast 2024-2029, By Vertical Market, $M
Worldwide Enterprise Applications Market Forecast 2024-2029, By Vertical Market, $M
Worldwide Enterprise Applications Market Forecast 2024-2029, By Functional Market, $M
Worldwide Enterprise Applications Market Forecast 2024-2029, By Functional Market, $M

More Enterprise Applications Research Findings

Based on the latest annual survey of 10,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 1,500 largest Enterprise Applications Vendors ranked by their 2024 product revenues. Their 2024 results are being broken down, sorted and ranked across 16 functional areas (from Analytics and BI to Treasury and Risk Management) and by 21 vertical industries (from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.

We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 2 million organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.

Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. Wardlaw-Hartridge School, a United States based Education organization with 90 Employees
  2. Great Lakes Energy, a United States based Utilities company with 160 Employees
  3. Lloyds Bank, a United Kingdom based Banking and Financial Services organization with 61228 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated