Healthcare IT Market is Poised to Grow at 12.5% till 2024
According to Data Bridge Market Research new Market report “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″is projected to reach USD 131.0 billion in 2016 and is expected to grow to USD 340.9 billion in 2024, growing at a CAGR of 12.5% during the forecast period 2017 to 2024.
Report Access: https://databridgemarketresearch.com/reports/global-healthcare-it-market/
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.
Market Segmentation: Healthcare IT Market
- Global Healthcare IT Market is segmented on the basis of by Product, by End User, by Payers, and by Geography.
- On the basis of product type the global healthcare IT market is segmented into EHR, RIS, PACS, VNA, CPOE, MHealth, Telehealth, Healthcare Analytics, Supply Chain Management, Revenue Cycle Management, CRM, Claims Management, Fraud Management.
- On the basis of end users the global healthcare IT market is segmented into Providers which 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.
Geographical Segmentation: Healthcare IT 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.
Competitive Landscape: Healthcare IT Market
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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