A new market assessment report on the Healthcare IT market provides a comprehensive overview of the Healthcare IT industry for the forecast period 2021 2028
The globalhealthcare IT marketsize reached USD 201.23 Billion in 2020 and is expected to be valued at USD 549.95 Billion in 2027 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. This steady growth can be attributed to increasing government initiatives to implement Healthcare Information Technology (HCIT) solutions in the healthcare sector in developing countries and preference for digital payments in the healthcare industry. Adoption of paperless technology and solutions in the healthcare industry has been increasing rapidly in the past few years and this is expected to further boost growth of the global healthcare IT market growth during the forecast period.
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The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Healthcare IT market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Healthcare IT market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
The report, additionally, offers a comprehensive SWOT analysis and Porters Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are:
Cerner Corporation, Oracle Corporation, Epic System Corporation, SAP SE, NextGen Healthcare Inc., Cognizant Technology Solutions, Wipro Limited, Tata Consultancy Services Limited, Dell Technologies Inc., and Allscripts Healthcare Solutions, Inc.
Furthermore, the report provides a comprehensive overview of the Healthcare IT market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Healthcare IT market expected to boost the growth of the industry in the coming years.
Emergen Research has segmented the global healthcare IT market on the basis of component, delivery, application, end-use, and region.
Component Outlook (Revenue, USD Billion; 20172027)
- Hardware
- Software
- Service
Delivery Outlook (Revenue, USD Billion; 20172027)
- Cloud-based
- On-premises
Application Outlook (Revenue, USD Billion; 20172027)
- Electronic Prescribing System
- Laboratory Information System
- Tele-health
- Computerized Provider Order Entry System
- Electronic Health Records
- Picture Archiving and Communication System
- Healthcare Analytics
- Radiology information system
- mHealth
- Fraud management
- Vendor-neutral archive
- Revenue cycle management
- Customer relationship management
- Others
End-use Outlook (Revenue, USD Billion; 20172027)
- Healthcare Payer
- Public Payers
- Private Payers
- Healthcare Provider
- Pharmacies
- Ambulatory clinical centers
- Diagnostic and imaging centers
- Hospitals
- Others
Key Questions Answered in the Report:
What is the growth rate of the Healthcare IT market? What is the anticipated market valuation of Healthcare IT industry by 2028?
What are the key growth driving and restraining factors of the Healthcare IT market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Healthcare IT industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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