Healthcare Information Technology (IT) Market
Global Opportunity Analysis and Industry Forecast, 2014 - 2022
No. of Pages - 203
Published Date - Sept 2016
Overview of Healthcare IT Market
• Healthcare IT market solutions & services was $125 billion in 2015 and is projected to reach $297 billion by 2022, registering a CAGR of 13.2% from 2016 to 2022. • The HCIT market has witnessed significant growth in the recent years due to increase in demand for quality healthcare services & solutions along with patient safety & care, proactive supportive government initiatives, and growing acceptance of mHealth & telehealth practices.
• Increasing adoption of smartphones and patient-doctor convenience are factors driving healthcare IT market growth. • Major factor contributing to the growth of the healthcare IT market is increase in healthcare organizations, which have posed several challenges such as management of patient data, need to curtail operational costs, and demand for enhanced healthcare services.
Segments of Healthcare IT Market
Healthcare It By Product Type
Healthcare Provider Solutions
Healthcare Payer Solutions
Payment Management Solution
Healthcare Outsourcing Services
Provider Healthcare IT Outsourcing Services
Claims Management Solution Non-Clinical Solutions
Fraud Management Solution Computer-assisted Coding Systems
Payer Healthcare IT Outsourcing Services
Operational Healthcare IT Outsourcing Services
IT Infrastructure Management Services
Healthcare Expenditure Percentage
Healthcare Expenditure As Percentage Of Total GDP Of Asian Countries
Key Benefits of Healthcare IT Market • In the year 2015, healthcare provider solutions dominated the
overall HCIT market revenue, and is anticipated to grow at a substantial CAGR of 16.2% during forecast period • In 2015, North America was the leading regional HCIT market, followed by Europe and Asia-Pacific. • North American healthcare asset management market is projected to grow at a CAGR of 17.4% and would reach $9.7 billion by 2022.
• Clinical solution segment is projected to grow at a CAGR of 19.3% during the analysis period. • Japan and India jointly accounted for over half of the Asia-Pacific HCIT market share in 2015.
Healthcare IT Market By Geography
Key Players Operating in Healthcare IT Market
1. Cerner Corporation 2. Epic System Corporation 3. Ge Healthcare. 4. Infor, Inc.
5. Koninklijke Philips N.V 6. Allscripts Healthcare Solutions, Inc. 7. Athenahealth Inc. 8. Mckesson Corporation 9. Oracle Corporation 10. United Healthcare
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