Global Healthcare IT (HIT) Market Report 2018: Key Strategic Developments by Market Leaders 2014-2018 & Forecasts to 2023

Healthcare IT Market By Product (EMR, EHR, MHealth, PHM, LIS, RIS, VNA, PACS, RCM, Analytics, EDI, SCM, HIE), Component (Software, Service), Delivery (Web, Cloud) & End User (Hospital, Payor, Pharmacy, Ambulatory, Homecare)

Meticulous Research®, one of the leading global market research companies, recently published a research report titled” Healthcare IT Market By Product (EMR, EHR, MHealth, PHM, LIS, RIS, VNA, PACS, RCM, Analytics, EDI, SCM, HIE), Component (Software, Service), Delivery (Web, Cloud) & End User (Hospital, Payor, Pharmacy, Ambulatory, Homecare) – Global Forecast To 2023 “.

According to this latest publication from Meticulous Research®, the global healthcare IT market will grow at a CAGR of 13.7% from 2018 to 2023 to reach USD 223.16 billion by 2023. This growth is primarily attributed to the factors such as rise in demand of paper-less technology, focus on improving quality of care, growing need to manage regulatory compliance through healthcare IT solutions, government support for healthcare IT solutions, rising need to curtail escalating healthcare costs, growing need to improve quality of patient’s demographic, financial and clinical information, integration of big data in healthcare, and technological advancements.

The report meticulously analyses healthcare IT market by segmenting it on the basis of product (clinical & non-clinical solutions), component, deployment mode, and end user. On the basis of deployment mode, web & cloud-based solutions accounted for the largest share in the global healthcare IT solutions market, mainly due to the flexibility of working from remote areas, affordability, and their automated updating features.

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Based on end user, healthcare providers segment commanded the largest share in the global healthcare IT solutions market in 2017, mainly due to the rising patient volume, growing healthcare spending, rising geriatric population and thereby the prevalence of various chronic diseases. Hospitals are the largest users among all healthcare providers, primarily due to growing healthcare infrastructure and rising number of tertiary/specialty care hospitals. In addition, growing demand to manage large patient data and increasing need to improve healthcare quality while maintaining operational efficiency further propels the adoption of HCIT solutions in the hospitals.

In terms of geographic analysis, North America is all set to be the largest market by 2023, owing to its well-established healthcare system, growing adoption of various HCIT solutions by healthcare providers in order to meet the regulatory requirements for patient care and safety, increasing need to curtail soaring healthcare costs, presence of leading HCIT vendors, growing need to improve the quality of healthcare while maintaining the operational efficiency of healthcare organizations.

The key players in Healthcare IT Market are McKesson Corporation, Epic Systems Corporation, Cerner Corporation, Optum Health, GE Healthcare, Philips Healthcare, athenahealth, Inc., Allscripts Healthcare Solutions, Inc., Oracle Corporation, Cognizant Technology Solutions Corporation, Dell Technologies, Optum, Inc., and Infor, Inc. among others.

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Scope of the report:

Market by Product:
Clinical Solutions
Electronic Health Record (EHR)
m-heath Solutions
Population Health Management Solutions
Care Management Systems
Laboratory Information Systems
Computerized Physician Order Entry
Clinical Decision Support System (CDSS)
Patient Registry Software
E-Prescribing system
Radiology Information Systems (RIS)
Specialty Information Systems
Digital pathology system
Other Solutions

Non-clinical Solutions
Revenue Cycle Management Solutions
Billing & Accounts Management
Claims Processing & Management
Eligibility Verification
Medical Necessity
Denial & Appeal Management

Healthcare Analytics
Clinical Analytics
Financial Analytics
Operational and Administrative Analytics

Supply Chain Management Solutions
Workforce Management Systems
Electronic Data Interchange
Medication Management Solutions
Provider Network Management Solutions
HIE & Interoperability Solutions
Customer Relationship Management Solutions
Fraud Management Solutions
Other Solutions

Market by Component:

Market by Deployment Mode:
Wed & Cloud Based

Market by End User:
Healthcare Providers
Ambulatory Centers
Home healthcare & Assisted Living Centers
Diagnostic Centers
Healthcare Payers.

Key Topics Covered:

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Global Healthcare IT Market, by Product Type
6. Global Healthcare IT Market, by Component
7. Global Healthcare IT Market, by Deployment Mode
8. Global Healthcare IT Market, by End User
9. Global Healthcare IT Market, by Geography
10. Competitive Landscape
10.1. Partnerships, Agreements & Collaborations
10.2. New Product Launches & Upgradation
10.3. Mergers & Acquisitions
10.4. Expansions
11. Company Profiles.

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About Meticulous Research®

Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

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Contact Info:
Name: Viren Shrivastava
Email: Send Email
Organization: Meticulous Market Research Pvt. Ltd.
Address: Wembley, Middlesex- HA0 4JH, U.K.
Phone: +91 744-7780008

Release ID: 395440