Healthcare IT (Information Technology) Market Global Research Analysis 2018: Key Companies are McKesson, Oracle, Allscripts, NextGen Healthcare, Greenway Health, Practice Fusion, athenahealth, GE Healthcare, Cerner Corporation

Healthcare IT is a growing inclination across the globe towards the adoption of healthcare IT technologies due to the increasing need to deliver quality care to patients while curtailing escalating healthcare costs. These robust IT solutions are designed to streamline workflow in healthcare systems, reduce expenses, and facilitate compliance with stringent regulatory guidelines. They offer several benefits such as increased patient safety, better patient care, reduced healthcare costs, and high returns on investment (ROIs) through automated workflows.

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Trending Global healthcare IT market was valued at USD 90,373.80 million in 2017 and is projected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

North America Healthcare IT Market is expected to grow at the significant rate in the forecast period of 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

India healthcare IT market has accounted a market value of USD 3.9 billion in 2016 and is expected to grow to USD 8.8 billion in 2024, growing at a CAGR of 10.9% during the forecast period 2017 to 2024.

In 2018, HCIT outsourcing services are expected to dominate the healthcare IT market with 45.4% market share and growing at the highest CAGR in the forecast period 2018 to 2025. The healthcare provider solutions are further segmented on the basis of clinical solutions and non-clinical solutions.

Covered in this report

The report covers the present scenario and the growth prospects of the global healthcare IT market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

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The key market players for global healthcare IT market are listed below:

• Epic Systems Corporation
• McKesson Corporation
• Cerner Corporation
• Allscripts
• Carestream Health
• Siemens AG
• Agfa-Gevaert Group
• athenahealth, Inc.
• eClinicalWorks
• GE Company
• Greenway Health, LLC
• Infor
• Koninklijke Philips N.V.
• NextGen Healthcare
• Oracle Corporation
• Practice Fusion, Inc.

NEED FOR PAPER LESS TECHNOLOGY

Healthcare IT is the area of information technology that involves the design, development, creation, use and maintenance of information systems for the healthcare industries and other healthcare providers. It supports health information management across computerized systems and the secure exchange of health information between consumers, providers, payers and quality monitors. With the utilization of electronic health records (EHRs) use of information technology (IT) is increasing in healthcare sector.

ADOPTION OF CLOUD SERVICES

Many of the healthcare organisations have not yet adopted technology entirely in their locations, their primary focus has been on automation of back office systems, payment and reimbursement, digitisation of medical records, and business intelligence for regulatory compliance and accreditation. The cloud services can help the healthcare organisations to reduce capital expenditure and leveraging existing assets, controlling ongoing development, delivery and operations costs, increasing the speed and flexibility of developing and providing new services in healthcare information sector and efficiently managing the customer relationships over the cloud such as billing and other services.

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Related Report

North America Healthcare IT Market – Industry Trends and Forecast to 2025

North America Healthcare IT Market, By Products & Services (HCIT Outsourcing Services, Healthcare Provider Solutions {Clinical Solutions, Non-Clinical Solutions}, Healthcare Payer Solutions), By End User (Providers, Payers),By Geography (U.S., Canada, Mexico) – Industry Trends and Forecast to 2025

Report Access: https://databridgemarketresearch.com/reports/north-america-healthcare-it-market/

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