Healthcare IT Market Analysis, Recent Trends and Regional Growth Forecast by 2024

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According to the latest report by IMARC Group titled, “Healthcare IT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 62.1 Billion in 2018. Looking forward, the market is xaexpected to reach a value of US$ 91.3 Billion by 2024, exhibiting a CAGR of around 8% during 2019-2024.

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Healthcare information technology (IT) refers to the technology used by physicians, nurses, health administrators, patients, insurance companies and government entities to compile, store, analyze and share healthcare related information. It helps in assessing necessary information about patients for better evaluation and advise. The usage of healthcare IT has led to the transmission of prescriptions electronically between doctors and pharmacies across the globe.

The prevalence of chronic diseases, in confluence with the rising number of patients, is catalyzing the demand for fast and efficient healthcare processes and systems. Moreover, technological innovations, such as the ability to share health data among academic researchers to develop new medical therapies and drugs, are increasing the adoption of healthcare IT solutions among end users. Besides this, governments of several countries are undertaking initiatives to enhance the quality of patient care, minimize healthcare costs and improve the efficiency of healthcare services, which is anticipated to contribute to the market growth in the coming years.

Explore Report Description: https://www.imarcgroup.com/healthcare-it-market

Key Market Segmentation:

Breakup by Product and Services:
  • Healthcare Provider Solutions
  • Healthcare Payer Solutions
  • Pharmacy Audit and Analysis Systems
  • Healthcare IT Outsourcing Services
  • Provider HCIT Outsourcing Services Market
  • Payer IT Outsourcing Services
  • Operational IT Outsourcing Services
Breakup by Component:
  • Software
  • Hardware
  • Services
Breakup by Delivery Mode:
  • On-Premise
  • Cloud-Based
Breakup 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
  • Others
Breakup by Region:
  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America
Competitive Landscape
The report has also examined the competitive landscape of global healthcare IT market. Some of the major players in the market are GE Healthcare, Philips Healthcare, Siemens Healthcare, Cerner Corporation, Allscripts Healthcare Solutions Inc., Wipro, Oracle Corporation, IBM, SAS Institute Inc.,

Browse Related Report
https://www.imarcgroup.com/h1n1-vaccines-market

https://www.imarcgroup.com/healthcare-rcm-outsourcing-market

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Location: New York, NY, USA

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