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Healthcare IT Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

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Global Healthcare IT Market is estimated to value over USD 387.81 billion by 2026 end and register a CAGR of over 15.5% during the forecast period 2019 to 2026.
Healthcare IT Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
Global Healthcare IT Market is estimated to value over USD 387.81 billion by
2026 end and register a CAGR of over 15.5% during the forecast period 2019 to
2026.
The increasing patient data volume, technological advancements and insistence for
efficient and quick healthcare systems and processes are steering the insistence for
healthcare IT solutions, thus assisting in the overall healthcare IT market growth.
The healthcare provider solutions are predicted to proliferate with the highest
growth rate during the forecast period. This can be credited to the initiatives taken
by the government to improving the patient care quality and the necessity to curb
rising healthcare expenditure and improvements in the healthcare service efficiency.
The Non-Clinical Solutions Segment to Register a High Value of CAGR Over the
Forecast Period
The non-clinical solutions segment is projected to dominate the global market during
the forecast period. Innovative technologies in IT have resulted in the development
of tailored software platforms that function according to the requirements of
healthcare providers. Such developments are stimulating the utilization of healthcare
IT solutions amongst several end users. Additionally, the reimbursement reduction,
revenue loss owing to a dearth of systematic documentation and strict governmental
regulations for effective management are steering the market growth.
The Asia Pacific region is predicted to proliferate with a high value of CAGR over the
forecast period. Factors like the large patient population in India and China,
increased per capita income, key market players immensely investing in the
healthcare sector and increasing awareness pertaining to novel technologies are
steering the market growth in the region.
Key market players included in the healthcare IT industry are Optum, Cerner Corp.,
Cognizant, Change Healthcare, Philips, EPIC Systems Corp., del Technologies,
Allscripts, Athenahealth, General Electric, Conduent, Conifer, Nuance, 3M, Oracle,
IBM, Inovalon, Infor, Intersystems, Tata Consultancy Services.
Cerner, in April 2017, announced a collaboration with NeuroLogix Technologies for
integrating Cerner’s HealtheAthlete health management system with the C3Logix
concussion management system. This aided the company in improving the quality of
services offered to athletes. In order to attain an edge on the competition, Cerner
also offers their high-value services and solutions at affordable costs to physician
practices, critical access hospitals and smaller community hospitals.
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Global Healthcare IT Market Segmentation:
By Product & Service
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Healthcare Provider Solutions
Healthcare Payer Solutions
HCIT Outsourcing Services
By Component
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Introduction
Services
Software
Hardware
By End User
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Healthcare Providers
Healthcare Payers
By Region
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North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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FutureWise Key Takeaways:
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Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth
Objectives of the Study:
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To provide with an exhaustive analysis on the global healthcare IT market by
product & service, by component, by end user and by region
To cater comprehensive information on factors impacting market growth
(drivers, restraints, industry-specific restraints and opportunities)
To forecast and evaluate micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North
America, Europe, Asia Pacific, Latin America and Middle East & Africa
To record, evaluate and analyse competitive landscape mappingtechnological advancements, product launches, expansions and mergers
Browse Corresponding Healthcare Market Research Reports & Consulting
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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