Revolutionizing the healthcare industry, the global ambulatory healthcare information technology (IT) market is witnessing rapid growth. With the increasing adoption of electronic health records (EHRs), telehealth solutions, and mobile apps, healthcare providers are embracing IT solutions to enhance patient care, streamline operations, and improve efficiency. The rising demand for remote patient monitoring, interoperability, and data analytics fuels the market. As healthcare organizations strive to deliver quality care in outpatient settings, ambulatory healthcare IT is becoming indispensable, propelling market expansion and transforming the way healthcare is delivered.
According to Data Bridge Market Research, Ambulatory Healthcare Information Technology (IT) Market is valued at USD 2867.56 million in 2021 and is expected to reach the value of USD 4817.57 million by the year 2029, at a CAGR of 6.70% during the forecast period in 2022 to 2029
"Increasing adoption of electronic health records (EHRs) surge market demand"
The increasing adoption of electronic health records (EHRs) by healthcare providers is driving the growth of the ambulatory healthcare IT market. EHR systems offer numerous benefits, including streamlined management of patient data, enhanced accessibility to medical records, and improved communication between healthcare professionals. Through digitizing and centralizing patient information, EHRs facilitate better coordination and continuity of care, resulting in improved patient outcomes and overall quality of care in ambulatory healthcare settings.
What restraints the growth of the ambulatory healthcare information technology (IT) market?
“Lack of collision detection capability can impede the market growth”
Interoperability challenges in the ambulatory healthcare it market stem from the lack of standardized formats and varying data models among healthcare systems and providers. Without consistent data structures and formats, exchanging and utilizing patient data seamlessly becomes challenging. Additionally, disparate IT systems with different capabilities and functionalities complicate interoperability efforts.
Segmentation: Global Ambulatory Healthcare Information Technology (IT) Market
The ambulatory healthcare information technology (IT) market is segmented on the basis of type, modality, surgery type, and application.
- On the basis of type, the ambulatory healthcare IT market is segmented into ambulatory services, primary care offices, outpatient departments, emergency departments, surgical specialty, medical specialty, and others.
- On the basis of modality, the ambulatory healthcare IT market is segmented into hospital-affiliated and freestanding.
- On the basis of surgery type, the ambulatory healthcare IT market is segmented into ophthalmology, orthopedics, gastroenterology, pain management, and others.
- On the basis of application, the ambulatory healthcare IT market is segmented into laceration treatment, bone fracture treatment, emergency care service, and trauma treatment.
Regional Insights: North America dominates the global ambulatory healthcare information technology (IT) market
The rising prevalence of chronic diseases in North America is a significant driver for the growth of the ambulatory healthcare IT market in the region. With an increasing number of individuals living with chronic conditions, there is a growing need for advanced healthcare solutions, including IT systems, to manage and monitor these diseases effectively. Ambulatory healthcare IT solutions offer remote patient monitoring, care coordination, and data analytics tools, enabling healthcare providers to deliver personalized and efficient care to patients with chronic diseases. This trend is expected to fuel the growth of North America's ambulatory healthcare IT market.
The Asia-Pacific region is poised for significant ambulatory healthcare IT market growth. Increasing demand for improved healthcare services, coupled with the rapid expansion of healthcare infrastructure in countries like China and India, is driving growth in this region. Ambulatory healthcare IT solutions offer enhanced patient care, remote monitoring capabilities, and efficient data management, aligning with the growing need for advanced healthcare technologies. This favorable market landscape in Asia-Pacific is expected to contribute to the robust growth of the ambulatory healthcare IT market in the coming years.
Recent Development
- In 2019, Boston Out-Patient Surgical Suites, LLC's Dr. Brian McKeon, MD, joined The AmSurg
- In 2019, Optum, a well-known healthcare provider and a division of UnitedHealth Group, and Surgical Care Affiliates announced a deal to buy SCA's outstanding common stock for $57.00 per share.
- In 2020, In order to establish its presence in the Miami market, Surgery Care Affiliates partnered with Surgery Center at Doral (SCD)
- In 2020, Advocate Health Care and Surgical Care Affiliates have partnered to launch two new surgery centers. The company's position in the Chicago market was strengthened and expanded as a result of this collaboration.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/global-ambulatory-healthcare-market
The Prominent Key Players Operating in the Global Ambulatory Healthcare Information Technology (IT) Market Include:
- Medtronic (Ireland)
- Koninklijke Philips N.V. (Netherlands)
- General electric (U.S.)
- Bayer AG (Germany)
- Stryker (U.S.)
- B.D. (U.S.)
- Abbott (U.S.)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Panasonic Holdings Corporation (Japan)
- Siemens Healthcare GmbH (Germany)
- B. Braun Melsungen AG (Germany)
- Sonova. (Switzerland)
Above are the key players covered in the report, to know about more and exhaustive list of global ambulatory healthcare information technology (IT) market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Ambulatory Healthcare Information Technology (IT) Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
