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Healthcare IT Integration Market Outlook: Growth Rate, Market Volume and Forecast Report

04-14-2018 05:42 AM CET | Health & Medicine

Press release from: P&S Market Research - HealthcareIT

Healthcare IT Integration Market Outlook: Growth Rate, Market

Healthcare IT integration is a consortium of IT and healthcare sector and involves the application of latest IT solutions to monitor people’s health, perform secured exchange of their electronic data and provide economical healthcare solutions. The application of IT in other domains has presented positive outcomes and the same is expected in terms of healthcare. The global healthcare IT integration market is estimated to witness a considerable growth during the forecast period. The major factors that will accelerate the growth of the healthcare IT integration market are high healthcare costs, government initiatives to curb this rising cost and the growing demand to incorporate IT in the healthcare domain. However, the cost of incorporation is expensive and needs to monitored for the growth in the global market.

The introduction of the electronic health record (EHR) market in hospitals, clinics and other organizations, to enable patient engagement, and increase the productivity conversely decreasing the healthcare cost, provides ample growth opportunities for the healthcare integration market. Further, Asia Pacific is an emerging healthcare market that holds a huge potential to offer IT solutions to curb healthcare complexities, this encourages investors and market players to consider expansion in the region.

Leading companies across the globe are forming alliances or launching products to gain large healthcare IT integration market share.

In August 2016, Cerner Corporation partnered with 3M Health Information System to integrate population health management. Under the terms of the partnership, 3M's Patient-Focused Episodes software in integration with Cerner's HealtheIntent population health platform would provide the overall landscape of a patient’s condition than focusing on a single disease.

Other key players in the global healthcare IT integration market are Quality Systems Inc., Allscripts Healthcare Solutions, Inc., Orion Health, Oracle Corporation, Qualcomm Life, Inc., IBM Corporation, Corepoint Health LLC, GE Healthcare, Siemens Health, Epic Systems Corporation, Summit Healthcare Services, Inc.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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