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Healthcare IT market has shown strong growth pattern in recent year’s majorly due to increasing awareness of the value of digital health, government mandates and financial incentives, shift towards value-based care, and rising incidence of chronic diseases. However, high installation and deployment cost is a key factor restraining the market growth.Meticulous Research® in its latest publication on healthcare IT market states that the global healthcare IT market will increase at a CAGR of 13.7% from 2018 to 2023 to reach USD 223,115.1 million by 2023. Wherein, geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to the growing adoption of various healthcare IT solutions by healthcare providers in order to meet the heightened regulatory requirements for patient care and safety, increasing need to curtail the soaring healthcare costs, presence of leading HCIT vendors in this region, and growing need to improve the quality of healthcare while maintaining the operational efficiency of healthcare organizations.
The report provides meticulous analysis of global healthcare IT market by segmenting it on the basis of product (clinical solutions, and nonclinical solutions), component (hardware, software, and services), deployment mode (web & cloud-based solutions, and on-premise solutions), and end user (healthcare providers, and healthcare payers). Wherein, among deployment mode, web & cloud-based segment commanded the largest share in this market. The largest share of this segment is primarily attributed to flexibility of working from remote areas, affordability, and automated updating features of web-& cloud-based solutions.
The key players analyzed in the global healthcare IT market are McKesson Corporation (U.S.), Cerner Corporation (U.S.), Optum Health (U.S.), GE Healthcare (U.S.), Philips Healthcare (Netherlands), athenahealth, Inc. (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Oracle Corporation (U.S.), Cognizant Technology Solutions Corporation (U.S.), Dell Technologies (U.S.), Optum, Inc. (U.S.), and Infor, Inc. (U.S.).
Topics Covered in this Research Report:
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.
11.1. Cerner Corporation
11.2. Mckesson Corporation
11.3. International Business Machine Corporation (IBM)
11.4. GE Healthcare
11.5. Allscripts Healthcare Solutions, Inc.
11.6. Koninklijke Philips N.V.
11.7. Infor, Inc.
11.8. Cognizant Technology Solutions Corporation
11.9. Oracle Corporation
11.10. athenahealth, Inc.
11.11. Dell Technologies Inc.
11.12. UnitedHealth Group Incorporated (Optum, Inc.)
11.13. Nuance Communications, Inc.
11.14. 3M Company
11.15. Conifer Health Solutions, LLC.
11.16. Quality Systems, Inc.
11.17. Computer Programs and Systems, Inc. (CPSI)
11.18. eclinicalworks
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Global Healthcare IT Market Report 2018-2023
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