Healthcare IT Market: Increasing cases of chronic diseases are expected to benefit the global healthcare IT market at a strong CAGR of 12%

August 2022, Market Research Future has published a Report on the global healthcare IT market.

Regional Analysis

The global healthcare IT market consists of regions, namely, the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas dominated the global healthcare IT market owing to the use of healthcare IT solutions that reduces errors associated with healthcare facilities and lowers the cost of treatment thus improving the overall efficiency of the healthcare system. For instance, in July 2017, GE Healthcare decided to purchase clinical outcomes from a consulting firm, Novia Strategies.

The European region is the second largest market for global healthcare IT due to the surging demand for telehealth and m-health solutions from a large number of smartphone users. Moreover, the rapidly increasing aging population and increasing investments in the Asia Pacific region offer huge market potential coupled with the implementation of various healthcare reforms such as Patient Protection and Affordable Care Act (PPACA). These factors drive the market growth of healthcare IT in emerging countries of Asia Pacific.

The Middle East and Africa is projected to show steady growth in this market due to a subsequent rise in the number of chronic diseases along with the demand for diagnosis of infections in remote areas.

Access Report @ https://www.marketresearchfuture.com/reports/healthcare-it-market-5950

Segmentation

The global healthcare IT market has been segmented on the basis of products and services, component, and end-user.

On the basis of products and services, the global healthcare IT market can be segmented into healthcare provider solutions, healthcare payer solutions, HCIT outsourcing services, and others.

The clinical solutions are categorized into electronic health records/electronic medical records systems, picture archiving and communication systems and vendor neutral archive systems, computerized physician order entry systems, clinical decision support systems, e-prescribing solutions, radiology information systems, radiation dose management, specialty management information systems, medical image analysis systems, population health management solutions, patient registry software, healthcare IT integration systems, practice management systems, laboratory information systems, mobile health applications, telehealth solutions, and infection surveillance solutions.

The nonclinical - healthcare IT solutions are further categorized into pharmacy information systems, medication management systems, healthcare asset management software, Workforce Management Systems (WFM), revenue cycle management solutions, medical document management solutions, financial management systems, Healthcare Information Exchange (HIE), supply chain management solutions, healthcare analytics, and Customer Relationship Management (CRM).

Healthcare payer solutions are categorized into pharmacy audit and analysis systems, claims management solutions, analytics and fraud management solutions, member eligibility management solutions, provider network management solutions, billing and accounts (payment) management solutions, customer relationship management solutions, population health management solutions, and others. The HCIT outsourcing services are divided into provider HCIT outsourcing services, payer IT outsourcing services, operational IT outsourcing services, and IT infrastructure management services.

On the basis of component, the global healthcare IT market can be segmented into services, software, and hardware.

On the basis of end-user, the global healthcare IT market is segmented into healthcare providers, healthcare payers, research centers, third-party administrators, and government institutions.

Healthcare providers are further divided into hospitals, ambulatory care centers, home healthcare agencies, nursing homes, assisted living facilities, diagnostic and imaging centers, and pharmacies. Moreover, healthcare payers are also divided into private payers and public payers.

Key Players

Some of the key players in the global healthcare IT market are Epic Systems Corporation (U.S.), Cerner Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), McKesson Corporation, (U.S.), Oracle Corporation (U.S.), Infor, Inc. (U.S.). Cognizant Technology Solutions Corporation (U.S.), athenahealth, Inc. (U.S.), Dell Technologies (U.S.), McKesson Corporation (U.S.), United Healthcare Group (U.S.), GE Healthcare (UK), Koninklijke Philips N.V. (The Netherlands), Wolters Kluwer (Netherland), IBM (U.S.), 3M health Information Systems (U.S.), Conifer Health Solutions (U.S.), Kronos Incorporated (U.S.), Anthelio Healthcare Solutions Inc. (U.S.), Lexmark Healthcare (U.S.), Orion Health (New Zealand), CSI Healthcare IT (U.S.), Syntel Inc. (U.S.), Spok Inc. (U.S.), and others.