The Medical Info Systems industry is rapidly expanding, with artificial intelligence (AI) anticipated to grow at a compound annual growth rate (CAGR) of 38.6% from 2025 to 2030, according to Markets and Markets. A recent survey showed that 79% of health systems increased investments in digital health solutions over the past two years. Notably, the global Smart Healthcare Products market was valued at $280.48 billion in 2024, expected to rise to $796.36 billion by 2032, reflecting a CAGR of 15.37%.
Despite this growth, the industry has underperformed, losing 7.7% over the past year, compared to a 24.7% gain in the Zacks Medical sector and a 17.3% rise in the S&P 500. Currently, the Medical Info Systems industry has a Zacks Industry Rank of #161, placing it in the bottom 34% of 244 industries. The industry’s forward price-to-sales ratio stands at 4.65X, below the S&P 500’s 5.65X.
Leading companies like Doximity, 10x Genomics, and Omnicell are well-positioned to capitalize on the growing market, focusing on enhancing digital health solutions. Doximity, for instance, covers over 80% of U.S. doctors and boasts a 95% subscription-based revenue model. As the sector faces rising cybersecurity threats, effective management and innovation in digital health remain key to navigating these challenges.
