The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Healthcare IT Market, By Product (EHR, RIS, PACS, VNA, CPOE, MHealth, Telehealth, Healthcare Analytics, Supply Chain Management, Revenue Cycle Management, CRM, Claims Management, Fraud Management), By End User (Providers (Hospitals, ASC’s, Home Healthcare, Diagnostic Centers, Pharmacies), Payers (Private, Public)), By Geography (North America, Europe, Asia-Pacific, South America, Rest of the World) – Trends and Forecast to 2024
Global Healthcare IT Market is expected to grow to USD 340.9 billion in 2024, from USD 131.0 billion in 2016 and , growing at a CAGR of 12.5% during the forecast period 2017 to 2024.
The global healthcare IT market is broadly divided into three segments—healthcare clinical solutions, non clinical solutions, and HCIT outsourcing services.
For Sample Report Global Healthcare IT Market – Trends and Forecast to 2024
The healthcare provider solutions market is further segmented into clinical solutions and non-clinical solutions. The clinical healthcare segment is expected to be growing at the highest CAGR of 17.1% in the forecast period 2017 to 2024. While the non clinical market segment is expected to dominate the market for global healthcare IT market in 2017.
To read more about the scope and findings of this report visit Healthcare IT Market is poised to grow at 12.5% till 2024
The clinical solutions segment covers EHR/EMR, PACS and VNA, CPOE RIS, CDSS, specialty information management systems, healthcare IT integration systems, practice management systems, radiation dose management systems, radiology information systems, medical image processing and analysis systems, laboratory information systems, digital pathology solutions, telehealth solutions, and mHealth solutions.
The non-clinical solutions segment includes pharmacy information systems, medication management systems, healthcare asset management, workforce management systems, revenue cycle management, financial management systems, medical document management systems, healthcare information exchange, population health management, supply chain management, healthcare analytics, and customer relationship management.
based on the end-users into payers and providers. Providers include hospitals, ambulatory surgical centers, diagnostic centers, home healthcare and others. While payers include private and public healthcare reimbursement and insurance agencies. Hospitals are expected to dominate the market for healthcare IT solutions market.
Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. North America has been among the frontrunners in the development of the IT framework for the healthcare industry. The healthcare IT market in the U.S. possesses lucrative growth opportunities, owing to the presence of several large hospitals and health systems, changing regulations, rising geriatric population, and increasing need to curtail healthcare costs in the country.
Some of the major players in the healthcare IT market include McKesson Corporation, Oracle Corporation, Allscripts Healthcare Solutions, Inc., Nextgen Healthcare, Greenway Medical Technologies, Practice Fusion, Athenahealth, Inc., Philips Healthcare, Infor, Inc., Epic Systems Corporation, GE Healthcare, Siemens Healthcare, Cerner Corporation, Agfa-Gevaert Group, EClinical Works LLC., and Carestream Health among other vernacular players.
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