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Global Healthcare IT Market Analysis And Forecast Expected To Grow At CAGR Of 7% Between Years 2016-2020

Press Release   •   Feb 21, 2017 07:32 EST

About the Healthcare IT Market

The adoption of connected healthcare solutions, such as electronic health record (EHR) and PHR, has increased with the rise in need to enhance the overall quality of healthcare services. Also, tightening of government regulations in the healthcare sector has fueled the adoption of IT solutions globally. Healthcare information technology outsourcing (ITO) solution providers will have to follow the guidelines of healthcare Acts applicable to their operating jurisdiction while delivering services. We anticipate that the high adoption of cloud computing ITO solutions and services should reduce the overall in-house IT costs. Through these solutions, healthcare providers will be able to implement business applications swiftly, while remaining focused on their core business operations. In addition, we expect the global healthcare IT market to benefit immensely from the rising use of data analytics tools among hospitals and radiology laboratories. Healthcare IT solutions enable the delivery of healthcare services at low costs with high quality. Therefore, we expect developing countries to benefit immensely from these services.

Technavios analysts forecast the global healthcare IT market to grow at a CAGR of 7% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global healthcare IT market for 2016-2020. To calculate the market size, we consider revenue generated from the five segments: IT services, IT telecommunications, internal IT services, software, and hardware.

The market is divided into the following segments based on geography:




Technavio's report, Global Healthcare IT Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Allscripts Healthcare Solutions

GE Healthcare



Siemens Healthcare

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Other prominent vendors


Binary System









HCL Technologies

Hexaware Technologies




JDA Software

L & T Infotech

Manhattan Associates

Mayo Clinic


Owens & Minor

Philips Healthcare



Solstice Medical


Tech Mahindra



Market driver

Changing government regulations in healthcare industry

For a full, detailed list, view our report

Market challenge

Lack of business transparency in healthcare industry

For a full, detailed list, view our report

Market trend

Increased adoption of HIS

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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Table of Contents

PART 01: Executive summary


PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Economic overview of global healthcare market

PESTLE model

PART 05: Market landscape

Market overview

Role of IT in healthcare

Market size and forecast

Five forces analysis

PART 06: Market segmentation by application

Global healthcare IT market by product

IT services

IT telecommunications

Internal IT



PART 07: Geographical segmentation

Geographical segmentation




PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

Competitive scenario

Other prominent vendors

PART 14: Key vendor analysis

Allscripts Healthcare Solutions

GE Healthcare



Siemens Healthcare

PART 15: Appendix

List of abbreviations

PART 16: Explore Technavio0 is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.