Global Healthcare IT Market Projected To Reach A Value Of Around USD 450.81 Billion By 2026

As per the researchers at Zion Market Research, the global healthcare IT market is anticipated to attain a value of about USD 450.81 billion by 2026 from about USD 204.38 billion in 2019, expanding at approx 15.6% CAGR during the forecast period. Few of the prominent players active vigorously within the global healthcare IT market comprise GE Healthcare, McKesson Corporation, Oracle Corporation, Siemens Healthcare, Athenahealth, Hewlett Packard, eClinicalWorks, Allscripts Healthcare Solutions, Agfa Healthcare, Carestream Health, and Experian Health, among others.

Increasing Implementation Of AI In Healthcare To Boost The Global Market Growth

The rising expenditure for the improvement of healthcare infrastructure within the budding economies is expected to drive the growth of the global healthcare IT market during the forecast period. Further, the increasing implementation of artificial intelligence (AI) within the healthcare sector is projected to fuel market growth considerably. Also, governments of budding countries are concentrating on the expansion of healthcare services and enhancing the overall healthcare infrastructure. To cite, the Indian healthcare sector, between April 2000 and June 2015, obtained foreign funding of USD 3.1 billion. Additionally, the rising need for improved healthcare services and the increasing expenditure for enhancing healthcare infrastructure are projected to propel the healthcare IT market during the forecast period.

Based On End-Use, Healthcare Provider Solutions Segment Anticipated To Witness Considerable Growth

The healthcare provider solutions segment of the global healthcare IT market is anticipated to register a noteworthy rate of growth during the forecast period owing to the government initiatives to enhance the quality of patient care and the necessity to cope with the rising healthcare costs & enhance the effectiveness of the healthcare services.

During The Forecast Period, Asia Pacific To Register The Greatest Growth Rate

The global healthcare IT market is projected to be ruled by Asia Pacific during the forecast period. This regional growth can be attributed to the huge pool of patients, particularly in India and China, the escalating expenditures in the healthcare sector by prominent market players, the rising per capita income, along with the increasing cognizance of improved technologies.

Browse the full “Global Healthcare IT Market - By End User (Healthcare Payer And Healthcare Provider), By Product & Services (RIS, EHR, VNA, PACS, HIE, CPOE, Healthcare Analytics, Telehealth, Supply Chain Management, Population Health Management, Fraud Management, CRM, And Claims Management), By Component (Hardware, Software, And Services), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/healthcare-it-market

The global healthcare IT market is segmented as follows:

By Product & Services

• Healthcare Provider Solutions
  • Clinical Healthcare It Solutions
    • EHR
    • PACS & VNA
    • CPOE
    • CDSS
    • EPRESCRIBING
    • RIS
    • RDM
    • Specialty Information Systems
    • CVIS
    • Medical Image Analysis
    • Population Health Management
    • Patient Registry Software
    • LIS
    • Medical Health Applications
    • Telehealth
    • Healthcare Integration Solutions
    • Infection Surveillance Solutions
    • Practice Management Systems
  • Non-Clinical Healthcare It Solutions
    • Pharmacy Information Systems
    • Healthcare Asset Management
    • Workforce Management
    • Revenue Cycle Management Solutions
      • Front-End RCM
      • Mid-RCM
      • Back-End RCM
    • Medical Document Management
    • Healthcare Information Exchanges
    • Supply Chain Management Solutions
      • Procurement Management
      • Inventory Management
    • Healthcare Analytics
      • Clinical Analytics Solutions
      • Financial Analytics Solutions
      • Others (Operational & Administrative Solutions)
    • Customer Relationship Management
    • Medication Management Systems
      • Electronic Medication Administration Systems
      • Barcode Medication Administration Systems
      • Medication Inventory Management Systems
      • Medication Assurance Systems
    • Healthcare Quality Management
    • Healthcare Interoperability
    • Financial Management Solutions (Accounting & Billing)
• Healthcare Payer Solutions 
  • Claims Management
  • Customer Relationship Management
  • Fraud Analytics
  • Provider Network Management
  • Pharmacy Audit & Analysis
  • Member Eligibility Management
  • Population Health Management
  • Payment Management Systems
• HCIT Outsourcing Services
  • Provider HCIT Outsourcing Services
    • EMR/Medical Document Management
    • Laboratory Information Management
    • Revenue Cycle Management
    • Other Provider HCIT Outsourcing Services
  • Payer HCIT Outsourcing Services
    • Claims Management
    • Provider Network Management
    • Billing & Accounts Management
    • Fraud Analytics
    • Other Payer HCIT Outsourcing Services
  • Operational HCIT Outsourcing Services
    • Business Process Management
    • Supply Chain Management
    • Other Operational It Outsourcing Services
  • It Infrastructure Management Services

By Component

• Services 
• Software 
• Hardware

By End-User

• Healthcare Providers
  • Hospitals
  • Ambulatory Care Centers
  • Home Healthcare Agencies, Nursing Homes, And Assisted Living Facilities
  • Diagnostic and Imaging Centers
  • Pharmacies
• Healthcare Payers
  • Private Payers
  • Public Payers

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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