Healthcare IT Market is Driven by Increasing Need of Paper Less Technology

Healthcare It Market is forecasted to reach a market value of 90373.80 million by 2017 with factors such as increasing government initiatives on healthcare IT sector and growing need of paper less technology will surge the growth of the market.

Healthcare IT market has shown an exceptional penetration in developed economies such as U.S. and Canada due to the increasing adoption of digital healthcare in the country and research by the major players will drive the market growth.

Healthcare IT Market Scenario

According to Data Bridge Market Research, the healthcare IT is growing due to rising adoption of cloud based services across the globe will acts as a factor growth in the healthcare IT market. Increasing occurrence of chronic diseases will increase the volume of patients is another factor that will influence market growth. Growing need for paper less technology will drive the growth of the market in the forecast period. Growth of the emerging healthcare market and increasing research and development activities will further create opportunities for the growth of the market.

Now the question is which are the other regions intuitive is targeting? Data Bridge Market Research has forecasted a large growth in healthcare IT market and the market leaders are targeting China, India and South Korea to be their next revenue pockets for 2020.

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New Healthcare IT Market Developments in 2019

  • In October 2019, Mastercard announced the launch of healthcare solution. This will target technology platform used by both payer and provider by improving the biometrics and behavioral analytics to protect healthcare information from being hacked.
  • In 2018, JPI Healthcare announced the launch of NEW Longtail DR flat panel detector that will help to showcase X-ray grids and full spine DR detector, also provide digital healthcare solutions.

Scope of the Healthcare IT Market

Healthcare IT market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific(APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa.

  • All country based analysis of the healthcare it market is further analyzed based on maximum granularity into further segmentation. On the basis of products & services, the market is segmented into HCIT outsourcing services, healthcare provider solutions and healthcare payer solutions. Based on end-users, the market is segmented into providers and payers.
  • Healthcare IT is defined as solution and services that is used to control different tasks and procedures in the healthcare industry. Services such as cloud based solutions helps to improve the population health programme using data analytics and by sharing health records with the academic researchers it will raise the healthcare sector.

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Key Pointers Covered in the Healthcare IT Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base 
  • Market By Brands 
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Market Regulatory Framework and Changes 
  • Market Prices and Reimbursement Analysis
  • Market Shares in Different Regions   
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Epic Systems Corporation
  • McKesson Corporation
  • Cerner Corporation
  • Allscripts Healthcare, LLC
  • Carestream Health
  • Siemens
  • Agfa-Gevaert Group.
  • Athenahealth
  • eClinicalWorks
  • Greenway Health, LLC
  • Infor
  • Koninklijke Philips N.V.,
  • NXGN Management, LLC
  • Oracle
  • Practice Fusion, Inc.

Above are the key players covered in the report to know about more and exhaustive list of healthcare IT companies contact us

Research Methodology: Global Healthcare IT Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

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, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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