Global Healthcare

Healthcare Information Technology (IT) Market Size, Share, Growth Projections and Forecast 2019-2027

Press release   •   Jun 13, 2019 18:28 BST

Healthcare Information Technology Market size was valued at USD 162.3 billion in 2018 and is expected to witness approximately 17.1% CAGR from 2019 to 2027.

The main objective of this report is to define, describe, and forecast the global healthcare information technology market on the basis of types of applications, major sectors, deployment models, organization size, and regions. This report mainly introduces volume and value market share by segments and also their price change details. The analysis includes the market by value, by segments, by application, by manufacturers and by region. The market size and forecast in terms of US$ Mn for each segment has been provided for the period from 2019 to 2027. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2019 to 2027, considering 2018 as the base year. All market data presented in revenues, shipments and installed base, along with average pricing data.

The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report also offers insightful and detailed information regarding the various key players operating in the global market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.

The report forecasts the market size, in terms of value, for various segments with regard to four main regions—North America, Europe, APAC, and RoW. It strategically profiles key players and comprehensively analyzes their market rankings and core competencies, along with detailing the competitive landscape for the market leaders.

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The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. The report analyze detailed profiles of 20+ innovative and leading vendors, with information on products and services, target markets, strategy, SWOT analysis, key relationships and capital funding.

The research methodology used to estimate and forecast the market begins with capturing data on key vendor’s revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub-segments.

Scope of Report

This research report categorizes the Healthcare IT market into the following segments and subsegments:

Healthcare It Market, By Product & Services

  • Healthcare Provider Solutions
    • Clinical Healthcare It Solutions
      • EHR
      • PACS & VNA
      • CPOE
      • CDSS
      • EPRESCRIBING
      • RIS
      • RDM
      • Specialty Information Systems
      • CVIS
      • Medical Image Analysis
      • Population Health Management
      • Patient Registry Software
      • LIS
      • Medical Health Applications
      • Telehealth
      • Healthcare Integration Solutions
      • Infection Surveillance Solutions
      • Practice Management Systems
    • Non-Clinical Healthcare It Solutions
      • Pharmacy Information Systems
      • Healthcare Asset Management
      • Workforce Management
      • Revenue Cycle Management Solutions
        • Front-End RCM
        • Mid-RCM
        • Back-End RCM
      • Medical Document Management
      • Healthcare Information Exchanges
      • Supply Chain Management Solutions
        • Procurement Management
        • Inventory Management
      • Healthcare Analytics
        • Clinical Analytics Solutions
        • Financial Analytics Solutions
        • Others (Operational & Administrative Solutions)
      • Customer Relationship Management
      • Medication Management Systems
        • Electronic Medication Administration Systems
        • Barcode Medication Administration Systems
        • Medication Inventory Management Systems
        • Medication Assurance Systems
      • Healthcare Quality Management
      • Healthcare Interoperability
      • Financial Management Solutions (Accounting & Billing)
  • Healthcare Payer Solutions
    • Claims Management
    • Customer Relationship Management
    • Fraud Analytics
    • Provider Network Management
    • Pharmacy Audit & Analysis
    • Member Eligibility Management
    • Population Health Management
    • Payment Management Systems
  • HCIT Outsourcing Services
    • Provider HCIT Outsourcing Services
      • EMR/Medical Document Management
      • Laboratory Information Management
      • Revenue Cycle Management
      • Other Provider HCIT Outsourcing Services
    • Payer HCIT Outsourcing Services
      • Claims Management
      • Provider Network Management
      • Billing & Accounts Management
      • Fraud Analytics
      • Other Payer HCIT Outsourcing Services
    • Operational HCIT Outsourcing Services
      • Business Process Management
      • Supply Chain Management
      • Other Operational It Outsourcing Services
    • It Infrastructure Management Services

Healthcare It Market, By Component

  • Services
  • Software
  • Hardware

Healthcare It Market, By End User

  • Healthcare Providers
    • Hospitals
    • Ambulatory Care Centers
    • Home Healthcare Agencies, Nursing Homes, And Assisted Living Facilities
    • Diagnostic and Imaging Centers
    • Pharmacies
  • Healthcare Payers
    • Private Payers
    • Public Payers

Healthcare It Market, By Region

  • North America
    • Us
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rola
  • Middle East and Africa

Key questions addressed by the report

  1. What is the market size and growth rate of the global and regional market by various segments?
  2. Which company accounted for the highest market share?
  3. What will be the revenue pockets for the market in the next eight years?
  4. What will be the major factors impacting market growth during the forecast period?
  5. What are the opportunities for various players that exist at present and are planning to enter at various stages of the value chain?
  6. What are the major developments impacting the market?
  7. How inorganic growth strategies implemented by key players will impact the growth rate of the market, and who will have the undue advantage?
  8. The report identifies and addresses the key markets for the generator sales market, which would help manufacturers review the growth in demand.
  9. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
  10. The report will help key players understand the strategies of their competitors better and make effective strategic decisions.
  11. The report addresses the market share analysis of key players in the generator sales market, and with the help of this, companies can enhance their revenues in the respective market.
  12. The report provides insights about emerging geographies for the generator sales market, and the entire market ecosystem can gain a competitive advantage from such insights.
  13. What are the current trends in the market driving the demand for technological advancements?
  14. What are the global demand trends? Will the market witness an increase or decline in demand in the coming years?
  15. Who are the leading manufacturers in the global market? What are the growth prospects of the market?
  16. What is the estimated demand for market? Which type is used the most in end-use industries?
  17. What are the regulations that are impacting the market and applications where the adoption of market solutions is increasing?
  18. What are the upcoming technologies/product areas that will have a significant impact on the market in the future?
  19. How is the adoption of market across various region?
  20. Which are the recent contracts and agreements key players have signed?

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