November 30, 2023
Driving Elements, Trade Challenges, Segmentation, Key Vendor Evaluation, Main International locations, and Market Measurement and Forecast 2023-2027

NEW YORK, Jan. 23, 2023 /PRNewswire/ — In-depth evaluation supplied within the report contains:

Driving Elements, Trade Challenges, Segmentation, Key Vendor Evaluation, Main International locations, and Market Measurement and Forecast 2023-2027

Technavio has introduced its newest market analysis report titled International Healthcare IT Market 2023-2027

  • Present and future market developments to focus on market circumstances

  • Comparative evaluation of the market and its segments for the historic interval of 2017 – 2021

  • Market drivers and market impediments and their affect on market development

  • Positioning of market gamers and their enterprise technique evaluation

  • Obtain a Pattern Now!

 International healthcare IT market dimension & segmentation evaluation

The healthcare IT market is estimated to develop at a CAGR of 10.89% between 2022 and 2027. The dimensions of the market is forecast to extend by USD 168.86 billion. The healthcare IT market is segmented based mostly on end-user, element , and geography.

  • Primarily based on finish person, the healthcare IT market is segmented into healthcare suppliers and healthcare payers .

  • Primarily based on element, the healthcare IT market is segmented into providers, software program, and {hardware}.

  • Primarily based on geography, the healthcare IT market is segmented into North America, Europe, APAC, South America, and Center East and Africa.

  • For insights in the marketplace contribution of every section, Purchase the report!

Healthcare IT market: Nation-level evaluation

The nations coated within the healthcare IT market report are the US and Canada (North America); the UK, Germany, and France (Europe); China and India(APAC); Saudi Arabia and South Africa (Center East & Africa); and Chile, Brazil, and Argentina (South America).

  • North America will account for 46% of the market’s development throughout the forecast interval. The most important geographical section of the worldwide healthcare IT market is North America, and this pattern will proceed throughout the projected interval. That is because of the availability of an built-in healthcare infrastructure (hospitals, clinics, and pharmacies), a large variety of market distributors, and a excessive degree of acceptance of up to date medical know-how (particularly within the US).

  • Healthcare amenities will replace their present gear or buy new software program as new technical developments hit the market. The regional market will develop all through the forecast interval on account of healthcare service suppliers’ continued funding in IT providers to assist their operations.

The geographic panorama of the report additionally supplies market-impacting components and modifications that affect present and future developments. For detailed data, Request a pattern!

International healthcare IT market: Dynamics & insights

Technavio’s analysis report on healthcare IT market supplies evaluation and insights concerning the varied drivers, together with key challenges, that affect the market all through the forecast interval.

The rising concentrate on bettering the standard of providers and effectivity is notably driving market development. The workload of medical professionals has decreased due to IT {hardware} and software program options, which has enhanced the extent of therapy. By eliminating human intervention and shortening the time wanted to supply affected person providers, medical software program methods are additionally facilitating decision-making, providing digital reminders, and managing every workers member’s schedule mechanically.

Nonetheless vulnerability of EMRs to cybercrime is a serious problem impeding the market. Pc and inner software program hacking, in addition to entry into intranet portals, are examples of cybercrime incidents. Information from the healthcare sector, akin to physician’s medical transcriptions, sufferers’ private and insurance coverage data, and particulars about their remedies and medicines, are non-public and essential to hospitals and sufferers. Via cyberattacks, knowledge might be hacked, modified, or misused. Due to this fact, the worldwide healthcare data know-how (IT) market would face a critical risk from cybercrime vulnerability and insufficient safety methods.

Healthcare IT market: Aggressive panorama and vendor evaluation

Technavio’s report contains the adoption lifecycle of the market, overlaying from the innovator’s stage to the laggard’s stage. It focuses on adoption charges in several areas based mostly on penetration. Moreover, the report additionally contains key buy standards and drivers of value sensitivity to assist corporations consider and develop their development methods.

A number of the main gamers working within the healthcare IT market are 3M Co., Allscripts Healthcare Options Inc., Athenahealth Inc., Cognizant Expertise Options Corp., Dassault Systemes SE, Datavant, Dell Applied sciences Inc., Epic Methods Corp., Normal Electrical Co., Worldwide Enterprise Machines Corp., Koninklijke Philips NV, McKesson Corp., Microsoft Corp., Oracle Corp., SAS Institute Inc., Siemens AG, Tata Consultancy Providers Ltd., Tenet Healthcare Corp., UnitedHealth Group Inc., and Wipro Ltd. amongst others. For insights on the seller choices, Obtain a PDF pattern!

Associated Experiences:

Diagnostic Imaging Market by Product, Finish-user and Geography – Forecast and Evaluation 2023-2027: The diagnostic imaging market is estimated to develop at a CAGR of 5.93% between 2022 and 2027. The dimensions of the market is forecast to extend by USD 8,694.87 million. The rising prevalence of persistent circumstances is notably driving the market development, though components akin to excessive prices related to diagnostic imaging could impede the market development.

Behavioral Well being Software program Market by Element, Finish-user, and Geography – Forecast and Evaluation 2023-2027: The behavioral well being software program market is estimated to develop at a CAGR of 13.5% between 2022 and 2027. The dimensions of the market is forecast to extend by USD 2,071.61 million. The rising adoption of EHRs is notably driving the market development, though components akin to issues concerning the safety of affected person knowledge and cyberattacks could impede the market development.

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Healthcare IT Market Scope

Report Protection

Particulars

Web page quantity

179

Base yr

2022

Historic interval

2017-2021

Forecast interval

2023-2027

Development momentum & CAGR

Speed up at a CAGR of 10.89%

Market development 2023-2027

USD 168.86 billion

Market construction

Fragmented

YoY development 2022-2023(%)

9.48

Regional evaluation

North America, Europe, APAC, South America, and Center East and Africa

Performing market contribution

North America at 46%

Key nations

US, China, Japan, Germany, and UK

Aggressive panorama

Main Distributors, Market Positioning of Distributors, Aggressive Methods, and Trade Dangers

Key corporations profiled

3M Co., Allscripts Healthcare Options Inc., Athenahealth Inc., Cognizant Expertise Options Corp., Dassault Systemes SE, Datavant, Dell Applied sciences Inc., Epic Methods Corp., Normal Electrical Co., Worldwide Enterprise Machines Corp., Koninklijke Philips NV, McKesson Corp., Microsoft Corp., Oracle Corp., SAS Institute Inc., Siemens AG, Tata Consultancy Providers Ltd., Tenet Healthcare Corp., UnitedHealth Group Inc., and Wipro Ltd.

Market dynamics

Guardian Market Evaluation; Market development inducers and obstacles; Quick-growing and slow-growing section evaluation for the forecast interval

Customization purview

If our report has not included the information that you’re searching for, you possibly can attain out to our analysts and get segments custom-made.

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Desk of Contents

1 Govt Abstract

2 Market Panorama

3 Market Sizing

4 Historic Market Measurement

5 5 Forces Evaluation

6 Market Segmentation by Finish-user

7 Market Segmentation by Element

8 Buyer Panorama

9 Geographic Panorama

10 Drivers, Challenges, and Traits

11 Vendor Panorama

12 Vendor Evaluation

13 Appendix

About Us

Technavio is a number one world know-how analysis and advisory firm. Their analysis and evaluation concentrate on rising market developments and supplies actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 studies and counting, overlaying 800 applied sciences, spanning throughout 50 nations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.

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Global Healthcare IT Market 2023-2027

International Healthcare IT Market 2023-2027

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