Healthcare Information Governance Solution (IGS) Market Research Report - Forecast to 2027

Healthcare Information Governance Solution Market Research Report, by Type (eDiscovery,), Deployment (Web and Cloud, In-Premise), by Applications (Financials, Records), by End-User (Hospitals and Clinics, Research and Academics) - Global Forecast Till 2027

ID: MRFR/HCIT/0273-HCR | February 2021 | Region: Global | 110 pages

Market Scenario
Healthcare information governance solutions enable the management of healthcare information by implementing processes, controls, metrics, and retrievals of information from storage in a suitable format whenever demanded. Healthcare information governance systems aim at making information a business asset available in a cost-efficient way to ensure compliance and reduce the cost of non-compliance. The rising cost of legal risks and increasing stringency of regulations have been the strong driving factors behind the growth of healthcare information governance solutions. Compliance reduces the legal risks associated with the poor and inconsistent information. Another goal of information governance is to centralize the data which is fragmented across different domains into one place to increase its accessibility and flow speed. Information governance treats data as a flow which needs to be controlled and managed but needs to be accessible at any time quickly. This results in benefits to the organizations in times of events such as a lawsuit, compliance audit, or corporate merger not to mention its benefits in capturing increased market share and revenue for the company.
The market for healthcare Information Governance Solution (IGS) is driven by factors such as growing biotechnology and pharmaceutical sectors, increasing costs of noncompliance, rising expectations from data management and information technology, and advancements in processing power, capturing power, selectivity, etc. of information technology systems. The U.S. is the largest market for biopharmaceuticals and accounts for one-third of the global market. Moreover, it is estimated that the U.S. biopharmaceutical sector accounted for around 17% of all the domestic R&D funded by the U.S. businesses and added an estimated USD 1.2 trillion in the economic output of 2014. The constraints on the market are the high costs of the information governance system, cultures of secrecy, traditional organization structures, fragmented data structures, etc.
Considering all these factors, the market for healthcare Information Governance Solution (IGS) diagnosis and treatment is to grow at a CAGR of ~16.7 % during 2017 to 2023.
Intended Audience

Pharmaceutical Companies
Biotechnological Institutes
Government and Private Laboratories
Research and Development (R&D) Companies
Medical Research Laboratories
Market Research and Consulting Service Providers

Figure 1: - Healthcare Information Governance Solution (IGS) Market Share, By Region
 
Sources: WHO, Annual Reports, Press Release, White Paper, and Company Presentation
Segmentation
The global healthcare Information Governance Solution (IGS) market is segmented on the basis of type, deployment, application, and end-user. Based on type, the market has been segmented as content management, analytics, information archiving, eDiscovery, information security, and others. Based on deployment, the market has been segmented as web and cloud and in-premise. Based on application, the market has been segmented as financials, records, customer support, and others. Based on end-user, the market has been segmented into pharmaceuticals and biotechnological industries, hospitals and clinics, consulting companies, research and academics, and others.
Regional Analysis
America dominates the healthcare Information Governance Solution (IGS) market owing to favorable insurance penetration, excellent reimbursement scenario, and increasing expenditure on healthcare. The high consumption of information technology boosts the market. The faster market uptake of new technology in the U.S. is also an important driver of the market for global healthcare Information Governance Solution (IGS).  
Europe is the second in the market due to factors such as availability of funds for research and growing pharmaceutical and biotechnology sectors. In 2017, according to the Biotechnology and Biological Sciences Research Council, the U.K. pharmaceutical market is expected to grow at an average annual growth rate of 4 to 7% by 2021.
Asia Pacific is projected to be the fastest growing region for the market due to the presence of continuously developing economies such as India and China and a developing healthcare sector within the region.
On the other hand, the Middle East and Africa hold the least share of the healthcare Information Governance Solution (IGS) market. This can be attributed to the presence of poor economies, stringent government policies, and lack of healthcare services, especially within the African region. The Middle East holds a majority of the market in the Middle East and Africa.
Research Methodology
 
Sources: WHO, Annual Reports, Press Release, White Paper, And Company Presentation
Key Players in the Healthcare Information Governance Solution (IGS) Market
The key players in the healthcare Information Governance Solution (IGS) Market are electronic Medicines Compendium (U.S.), HP Autonomy (England), Symantec Corporation (U.S.), Information Governance Solutions, LLC. (U.S.), FTI Consulting, Inc. (U.S.), Google (U.S.), Microsoft (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Veritas Technologies (U.S.), NovaDigm Therapeutics (U.S.), iDiscovery Solutions, Inc. (U.S.), and others



Frequently Asked Questions (FAQ) :


Healthcare information governance solutions enable the management of healthcare information by implementing processes, controls, metrics, and retrievals of information from storage in a suitable format whenever demanded.

Healthcare Information Governance Solutions (IGS) Market is expected to exhibit a strong 16.7% CAGR over the forecast period from 2017 to 2023.

The growing demand for efficient medical recordkeeping is the major driver for the healthcare IGS market.

The Americas dominate the Global Healthcare Information Governance Solutions (IGS) Market.

Leading players in the Healthcare Information Governance Solutions (IGS) Market include HP Autonomy, Information Governance Solutions LLC, and FTI Consulting, among others.

TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Healthcare Information Governance Solution (IGS) Market, by Type

6.1 Introduction

6.2 Content Management

Market Estimates & Forecast, 2017–2023

6.3 Analytics

Market Estimates & Forecast, 2017–2023

6.4 Information Archiving

Market Estimates & Forecast, 2017–2023

6.5 eDiscovery

Market Estimates & Forecast, 2017–2023

6.6 Information Security

Market Estimates & Forecast, 2017–2023

6.7 Others
Chapter 7. Healthcare Information Governance Solution (IGS) Market, by Deployment

7.1 Introduction

7.2 Web & Cloud

Market Estimates & Forecast, 2017–2023

7.3 In-Premise

Market Estimates & Forecast, 2017–2023

7.4 Others

Chapter 8. Healthcare Information Governance Solution (IGS) Market, by Application

8.1 Introduction

8.2 Financials

Market Estimates & Forecast, 2017–2023

8.3 Records

Market Estimates & Forecast, 2017–2023

8.4 Customer Support

Market Estimates & Forecast, 2017–2023

8.5 Others

Chapter 9. Healthcare Information Governance Solution (IGS) Market, by End-User

9.1 Introduction

9.2 Pharmaceutical & Biotechnological Industries

Market Estimates & Forecast, 2017–2023

9.3 Hospitals & Clinics

Market Estimates & Forecast, 2017–2023

9.4 Consulting Companies

Market Estimates & Forecast, 2017–2023

9.5 Research & Academics

Market Estimates & Forecast, 2017–2023

9.6 Others

Chapter 10. Healthcare Information Governance Solution (IGS) Market, by Region

10.1 Introduction

10.2 America

10.2.1 North America

10.2.1.1 U.S.

10.2.1.2 Canada

10.2.2 South America

10.3 Europe

10.3.1 Western Europe

10.3.1.1 Germany

10.3.1.2 France

10.3.1.3 Italy

10.3.1.4 Spain

10.3.1.5 U.K.

10.3.1.6 Rest of Western Europe

10.3.2 Eastern Europe

10.4 Asia Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 Republic of Korea

10.4.6 Rest of Asia Pacific

10.5 The Middle East & Africa

10.5.1 United Arab Emirates

10.5.2 Saudi Arabia

10.5.3 Oman

10.5.4 Kuwait

10.5.5 Qatar

10.5.6 Rest of the Middle East & Africa

Chapter 11. Company Landscape

11.1 Introduction

11.2 Market Share Analysis

11.3 Key Development & Strategies

11.3.1 Key Developments

Chapter 12 Company Profiles

12.1 Electronic Medicines Compendium

12.1.1 Company Overview

12.1.2 Type Overview

12.1.3 Financials

12.2.4 Key Developments

12.1.5 SWOT Analysis

12.2 HP Autonomy

12.2.1 Company Overview

12.2.2 Type Overview

12.2.3 Financial Overview

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.3 Symantec Corporation

12.3.1 Company Overview

12.3.2 Type Overview

12.3.3 Financial Overview

12.3.4 Key Development

12.3.5 SWOT Analysis

12.4 Information Governance Solutions, LLC.

12.4.1 Company Overview

12.4.2 Type/Business Segment Overview

12.4.3 Financial Overview

12.4.4 Key Development

12.4.5 SWOT Analysis

12.5 FTI Consulting, Inc.

12.5.1 Company Overview

12.5.2 Type Overview

12.5.3 Financial overview

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.6 Google

12.6.1 Company Overview

12.6.2 Type Overview

12.6.3 Financial Overview

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.7 Microsoft

12.7.1 Overview

12.7.2 Type Overview

12.7.3 Financials

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.8 Hewlett Packard Enterprise Development LP

12.8.1 Overview

12.8.2 Type Overview

12.8.3 Financials

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.9 Veritas Technologies

12.9.1 Overview

12.9.2 Type Overview

12.9.3 Financials

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.10 NovaDigm Therapeutics

12.10.1 Overview

12.10.2 Type Overview

12.10.3 Financials

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.11 iDiscovery Solutions, Inc.

12.11.1 Overview

12.11.2 Type Overview

12.11.3 Financials

12.11.4 Key Developments

12.11.5 SWOT Analysis

12.12 Others
Chapter 13 MRFR Conclusion

13.1 Key Findings

13.1.1 From CEO’s View Point

13.1.2 Unmet Needs of the Market

13.2 Key Companies to Watch

13.3 Prediction of Healthcare Information Governance Solution (IGS) Market

Chapter 14 Appendix

LIST OF TABLES

Table 1 Healthcare Information Governance Solution (IGS) Market Industry Synopsis, 2017–2023

Table 2 Healthcare Information Governance Solution (IGS) Market Estimates & Forecast, 2017–2023, (USD Million)

Table 3 Healthcare Information Governance Solution (IGS) Market, by Region, 2017–2023, (USD Million)

Table 4 Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 5 Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 6 Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 7 Healthcare Information Governance Solution (IGS) Market by End-User, 2017–2023, (USD Million

Table 8 North America Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 9 North America Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 10 North America Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 11 North America Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 12 U.S. Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 13 U.S. Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 14 U.S. Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 15 U.S. Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 16 Canada Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 17 Canada Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 18 Canada Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 19 Canada Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 20 South America Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 21 South America Healthcare Information Governance Solution (IGS) Market by Deployment, 2017–2023, (USD Million)

Table 22 South America Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 23 South America Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 24 Europe Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 25 Europe Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 26 Europe Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 27 Europe Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 28 Western Europe Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 29 Western Europe Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 30 Western Europe Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 31 Western Europe Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 32 Eastern Europe Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 33 Eastern Europe Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 34 Eastern Europe Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 35 Eastern Europe Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 36 Asia Pacific Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 37 Asia Pacific Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 38 Asia Pacific Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 39 Asia Pacific Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)

Table 40 The Middle East & Africa Healthcare Information Governance Solution (IGS) Market, by Type, 2017–2023, (USD Million)

Table 41 The Middle East & Africa Healthcare Information Governance Solution (IGS) Market, by Deployment, 2017–2023, (USD Million)

Table 42 The Middle East & Africa Healthcare Information Governance Solution (IGS) Market, by Application, 2017–2023, (USD Million)

Table 43 The Middle East & Africa Healthcare Information Governance Solution (IGS) Market, by End-User, 2017–2023, (USD Million)


LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Healthcare Information Governance Solution (IGS) Market

Figure 3 Market Dynamics for Healthcare Information Governance Solution (IGS) Market

Figure 4 Healthcare Information Governance Solution (IGS) Market Share, by Type 2016

Figure 5 Healthcare Information Governance Solution (IGS) Market Share, by Deployment 2016

Figure 6 Healthcare Information Governance Solution (IGS) Market Share, by Application, 2016

Figure 7 Healthcare Information Governance Solution (IGS) Market Share, by End-User, 2016

Figure 8 Healthcare Information Governance Solution (IGS) Market Share, by Region, 2016

Figure 9 North America Healthcare Information Governance Solution (IGS) Market Share, by Country, 2016

Figure 10 Europe Healthcare Information Governance Solution (IGS) Market Share, by Country, 2016

Figure 11 Asia Pacific Healthcare Information Governance Solution (IGS) Market Share, by Country, 2016

Figure 12 The Middle East & Africa Healthcare Information Governance Solution (IGS) Market Share, by Country, 2016

Figure 13 Healthcare Information Governance Solution (IGS) Market: Company Share Analysis, 2016 (%)

Figure 14 electronic Medicines Compendium: Key Financials

Figure 15 electronic Medicines Compendium: Segmental Revenue

Figure 16 electronic Medicines Compendium: Geographical Revenue

Figure 17 HP Autonomy: Key Financials

Figure 18 HP Autonomy: Segmental Revenue

Figure 19 HP Autonomy: Geographical Revenue

Figure 20 Symantec Corporation: Key Financials

Figure 21 Symantec Corporation: Segmental Revenue

Figure 22 Symantec Corporation: Geographical Revenue

Figure 23 Information Governance Solutions, LLC.: Key Financials

Figure 24 Information Governance Solutions, LLC.: Segmental Revenue

Figure 25 Information Governance Solutions, LLC.: Geographical Revenue

Figure 26 FTI Consulting, Inc.: Key Financials

Figure 27 FTI Consulting, Inc.: Segmental Revenue

Figure 28 FTI Consulting, Inc.: Geographical Revenue

Figure 29 Google: Key Financials

Figure 30 Google: Segmental Revenue

Figure 31 Google: Geographical Revenue

Figure 32 Microsoft: Key Financials

Figure 33 Microsoft: Segmental Revenue

Figure 34 Microsoft: Geographical Revenue

Figure 35 Hewlett Packard Enterprise Development LP: Key Financials

Figure 36 Hewlett Packard Enterprise Development LP: Segmental Revenue

Figure 37 Hewlett Packard Enterprise Development LP: Geographical Revenue

Figure 38 Veritas Technologies: Key Financials

Figure 39 Veritas Technologies: Segmental Revenue

Figure 40 Veritas Technologies: Geographical Revenue

Figure 41 NovaDigm Therapeutics: Key Financials

Figure 42 NovaDigm Therapeutics: Segmental Revenue

Figure 43 NovaDigm Therapeutics: Geographical Revenue

Figure 41 iDiscovery Solutions, Inc.: Key Financials

Figure 42 iDiscovery Solutions, Inc.: Segmental Revenue

Figure 43 iDiscovery Solutions, Inc.: Geographical Revenue