Healthcare

According to a new market report published by Lucintel, the future of the global healthcare IT market looks promising with opportunities in the healthcare providers, hospitals, ambulatory care centers, home healthcare agencies, nursing homes, and assisted living facilities, diagnostic and imaging centers, pharmacies and healthcare payers. The global healthcare IT market is expected to reach an estimated $730.7 billion by 2027 with a CAGR of 16.3% from 2022 to 2027. The major drivers for this market are growing need to manage regulatory compliance through healthcare it solutions, rising need to curtail healthcare costs, government support for HCIT solutions, high return on investment for HCIT solutions, growing focus on improving the quality of care and clinical outcomes, rising usage of big data, emergence of accountable care organizations, and high prevalence of chronic diseases.

In this market healthcare provider solutions, healthcare analytics, and HCIT outsourcing services market are the major product and service type of healthcare IT. On the basis of comprehensive research, Lucintel forecasts that healthcare provider solutions will remain the largest segment; it is also expected to witness the highest growth over the forecast period due to a rise in adoption of electronic health records (EHR) and other hospital information systems by healthcare providers.

Within the global healthcare IT market, healthcare providers and healthcare payers are the major end users of healthcare IT. Healthcare providers will remain the largest end use market; it is also expected to witness the highest growth during the forecast period due to the rise in prevalence of chronic diseases.

North America is expected to remain the largest region mainly due to the presence of major manufacturing hubs and the rise in the number of hospitals, advanced research centers, and universities. Asia Pacific is expected to witness the highest growth over the forecast period due to a rise in incidence of chronic disease caused by changes in lifestyle, and growing interest in healthcare IT treatment approaches.

Emerging trends which have a direct impact on the dynamics of the market include adoption of internet of medical things and increasing trend of healthcare data interoperability. Cerner, McKesson, Infor, Allscripts Healthcare Solutions, Athenahealth, Cognizant Technology Solutions, Philips Healthcare, Oracle Corporation, Dell Technologies, and GE Healthcare are among the major suppliers of healthcare IT.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global healthcare IT market by product and service, component, end user, and region, and has compiled a comprehensive research report entitled “Growth Opportunities in the Global Healthcare IT Market 2022-2027.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global healthcare IT market by product and service, component, end user, and region, as follows:




































This 207-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/healthcare-it-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report addresses the following key questions:

Q.1. What are some of the most promising, high-growth opportunities for the global healthcare IT market by product & service type (healthcare provider solutions, healthcare analytics, and HCIT outsourcing services), component (service, software, and hardware), end user (healthcare providers (hospitals, ambulatory care centers, home healthcare agencies and assisted living facilities, diagnostic and imaging centers, and pharmacies) and healthcare payers (private payers and public payers)), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which product segment will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?

Q.5.What are the business risks and competitive threats in this market?

Q.6.What are the emerging trends in this market and the reasons behind them?

Q.7.What are some of the changing demands of customers in the market?

Q.8.What are the new developments in the market and which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?

Q.10.What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?

Q.11. What M&A activity has occurred in the last 5 years?