Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 190.50 Billion | USD 366.05 Billion | 11.50% | 2021 |
FrequentlyAsked Questions
The impetus for the IT-enabled healthcare market stems from the need to personalize healthcare to meet the needs and expectations of patients. The growing popularity of the personalized healthcare ecosystem is steadily gaining momentum to expand opportunities for market players. The increasing amount of patient medical and health data has also brought the use of IT-supported healthcare systems to the forefront in the life sciences industry. The growing telemedicine paradigm opens up the potential of the IT-enabled healthcare market. Healthcare IT has also proven to be a leading enabler and accelerator for home care, enabling healthcare providers to meet the needs of an ageing population.
According to the report, the global IT-enabled healthcare market was worth about 19.50 (USD billion) in 2021 and is predicted to grow to around 366.05 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 11.50 percent.
North America dominates the digital money transfer market. Since then, many IT-enabled healthcare paradigms have emerged that make healthcare more sustainable. Many developed countries, especially the United States and the United Kingdom, are rapidly adopting healthcare IT systems to promote health and improve the care of their citizens. IT systems are also an important factor, especially in improving surgical outcomes and the overall patient experience. The IT-enabled ecosystem of the healthcare market brings together diverse providers, payers, research communities, healthcare companies, and policymakers under one roof to benefit patient-centric value delivery.
Some of the main competitors dominating the global IT-enabled healthcare market include -McKesson Corporation, eHealth Technologies, GE Healthcare, Johnson and Johnson Healthcare Systems, Inc., Aerotel Medical Systems, Ltd., Siemens AG, E*HealthLine.Com, Inc., Allscripts Healthcare Solutions, Inc., AT&T Inc., Apple, Inc., MedShift, RxSafe, LLC, Sectra, Wellbeing Software, and AirStrip Technologies LP.
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