Healthcare IT Market
The global healthcare IT market is expected to exhibit a strong 15% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global healthcare IT market is mainly driven by the growing demand for healthcare IT solutions from healthcare payers as well as providers. The report examines the impact of the global COVID-19 pandemic on the global healthcare IT market in the short term and long term. Other major drivers and restraints affecting the global healthcare IT market are also assessed in the report. Leading players operating in the healthcare IT market are also profiled in the report to give readers a complete overview of the market’s competitive landscape.
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Healthcare IT comprises various technological solutions for digital data storage and sharing. The growing technological advancement in the field of digital data storage and sharing is likely to be a major driver for the healthcare IT market over the forecast period. In recent years, many wireless information sharing technologies have been developed, such as Bluetooth, Zigbee, WMAN, and WWAN. The steady development of these technologies is likely to be a major driver for the global healthcare IT market over the forecast period.
The rising use of electronic healthcare records (EHR) in the healthcare sector is likely to be a major driver for the global healthcare IT market over the forecast period. Electronic healthcare records allow for paperless storage of healthcare data, which makes it easier to mine data and make data-driven decisions. EHR also allow for a reduction in administrative costs, which has also been a major driver for the global healthcare IT market. Increasing government support to the use of EHR systems and the financial benefits of using EHR are likely to be the major drivers for the global healthcare IT market over the forecast period.
Healthcare IT Market Competitive Leaderboard:
Leading players in the global healthcare IT market include Spok Inc., Syntel Inc., CSI Healthcare IT, Orion Health, Lexmark Healthcare, Anthelio Healthcare Solutions Inc., Kronos Inc., Conifer Health Solutions, 3M Health Information Systems, IBM, Wolters Kluwer, Koninklijke Philips NV, GE Healthcare, United Healthcare Group, McKesson Corporation, Dell Technologies, athenahealth Inc., Cognizant Technology Solutions Corporation, Infor Inc., Oracle Corporation, Allscripts Healthcare Solutions Inc., Cerner Corporation, and Epic Systems Corporation.
Healthcare IT Market Segmentation:
The global healthcare IT market has been segmented on the basis of products and services, component, and end-user.
On the basis of products and services, the global healthcare IT market can be segmented into healthcare provider solutions, healthcare payer solutions, HCIT outsourcing services, and others.
The clinical solutions are categorized into electronic health records/electronic medical record systems, picture archiving and communication systems and vendor neutral archive systems, computerized physician order entry systems, clinical decision support systems, e-prescribing solutions, radiology information systems, radiation dose management, specialty management information systems, medical image analysis systems, population health management solutions, patient registry software, healthcare IT integration systems, practice management systems, laboratory information systems, mobile health applications, telehealth solutions, and infection surveillance solutions.
The nonclinical healthcare IT solutions are further categorized into pharmacy information systems, medication management systems, healthcare asset management software, workforce management systems (WFM), revenue cycle management solutions, medical document management solutions, financial management systems, healthcare information exchange (HIE), supply chain management solutions, healthcare analytics, and customer relationship management (CRM).
Healthcare payer solutions are categorized into pharmacy audit and analysis systems, claims management solutions, analytics and fraud management solutions, member eligibility management solutions, provider network management solutions, billing and accounts (payment) management solutions, customer relationship management solutions, population health management solutions, and others. HCIT outsourcing services are divided into provider HCIT outsourcing services market, payer IT outsourcing services, operational IT outsourcing services, and IT infrastructure management services.
On the basis of component, the global healthcare IT market can be segmented into services, software, and hardware.
On the basis of end-user, the global healthcare IT market is segmented into healthcare providers, healthcare payers, research centers, third-party administrators, and government institutions.
Healthcare IT Market Regional Analysis:
The Americas dominate the global healthcare IT market due to the presence of several leading market players in the region. Europe also holds an important share in the global healthcare IT market.
TABLE OF CONTENT
Chapter 1. Report Prologue
Chapter 2. Healthcare IT Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Healthcare IT Market Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Healthcare IT Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Healthcare IT Market Factor Analysis
LIST OF TABLES
Table 1 Healthcare IT Industry Synopsis, 2018–2023
Table 2 Healthcare IT Market Estimates & Forecast, 2018–2023, (USD Million)
Table 3 Healthcare IT Market, By Region, 2018–2023, (USD Million)
Table 4 Healthcare IT Market, By Product & Services, 2018–2023, (USD Million)
Table 5 Healthcare IT Market, By Component, 2018–2023, (USD Million)
Table 6 Healthcare IT Market, By End-User, 2018–2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Healthcare IT Market
Figure 3 Segmentation Market Dynamics For Healthcare IT Market
Figure 4 Global Healthcare IT Market Share, By Product & Services 2016
Figure 5 Global Healthcare IT Market Share, By Component 2016
Figure 6 Global Healthcare IT Market Share, By End-User 2016
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