Healthcare Information Technology (IT) Market with key players like McKesson Corporation (U.S.), United Healthcare Group(U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Athenahealth, Inc. (U.S.), Epic Systems Corporation (U.S.), GE Healthcare (UK), C

global Healthcare IT or Healthcare Information Technology market was evaluated at $125 billion in 2015, and is estimated to reach $297 billion by 2022, with a CAGR of 13.2%. The Healthcare Information Technology solutions & services defined in this report automate, manage, and control the different tasks and processes in healthcare organizations. This market growth is attributed to the rising demand for patient safety & data accuracy, need to curtail healthcare cost, and implementation of various healthcare policies promoting the use of HCIT in healthcare facilities.

This report covers the analysis of Healthcare IT market based on three categories: product type, end user, and geography. Based on product type, Healthcare Information Technology market is further classified into three types, namely healthcare provider solutions (clinical and non-clinical solutions), health care payer solutions (pharmacy analysis &audit, claims management, fraud management, computer-assisted coding systems, payment management, provider network management, member eligibility management, customer relationship management, medical document management, and others), and Healthcare IT outsourcing services (provider HCIT outsourcing services, payer HCIT outsourcing services, operational HCIT outsourcing services, and IT infrastructure management services).

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INCREASE IN INVESTMENTS IN ASIA-PACIFIC REGION OFFERS HUGE MARKET POTENTIAL:

Asia-Pacific has a huge market potential for Healthcare IT industry. India and China are some of the rapidly growing countries, followed by South Korea. Consequently, the government in these rapidly developing economies have taken various efforts to improve healthcare services, and provide better infrastructure. In such cases, Healthcare IT acts as a bridge between all the healthcare entities, minimizes manual errors, and curbs expenses. Even though the Indian healthcare industry is expected to grow at an estimated CAGR of 24% during the forecast period. Although the Healthcare Information Technology industry in India is still at its nascent stage, the demand for Healthcare IT solutions is expected to increase during the forecast period due to increasing incidence of chronic disorders, improving healthcare infrastructure, and growing demand for better healthcare services.

The Chinese government adopted healthcare IT informatization approach in the 1990s to promote IT development across all major sectors, including the healthcare sector. In 1995, the Chinese Government launched its first Healthcare Information Technology policy, "Golden Health Project," which sought to create the foundation for electronically linking health administration departments, healthcare organizations, and research institutes. The Ministry of Health in China has laid guidelines for HIT development in the region for the introduction and implementation of regional health information networks throughout the country. Thus, increasing demand for better healthcare, improving healthcare infrastructure, and government initiatives & investments are expected to drive the market in the Asia-Pacific region.

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Healthcare Information Technology Market Key Benefits :

• The study provides an in-depth analysis of the Healthcare Information Technology market with the current trends and future estimations to reveal the imminent investment opportunities in market.

• The report provides a quantitative analysis for the period of 2014‐2022 to enable the stakeholders to capitalize on prevailing market opportunities.

• Extensive analysis of the Healthcare Information Technology market by product, explains various types of product and HCIT solutions used by different healthcare organizations.

• Competitive intelligence highlights the business practices followed by leading market players across different geographical regions.

• Strategies of key market players (within the HCIT market), are profiled in this report, which predicts the competitive outlook of global Healthcare IT testing devices market.

Key players in the market:

• Wolters Kluwer
• IBM
• 3M health Information Systems
• Conifer Health Solutions
• Kronos Incorporated
• Anthelio Healthcare Solutions Inc.
• Lexmark Healthcare
• Orian Health
• Wipro Technologies
• CSI Healthcare IT
• Syntel Inc.
• Spok Inc.

Chapter: 1. INTRODUCTION

1.1. Report description
1.2. Key benefits
1.3. Key Market Segment
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research

1.5. Analyst tools and models

Chapter: 2. EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3. market overview

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of suppliers (Low)
3.3.2. Bargaining power of buyers (Moderate)
3.3.3. Threat of new entrants(Moderate)
3.3.4. Competitive rivalry (High)
3.3.5. Threat of substitutes (Low)

3.4. Market share analysis, 2015
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Surging Demand for Telehealth and mHealth solutions from the large number of smartphone users
3.5.1.2. Adoption of Cloud Technology related HCIT services
3.5.1.3. Implementation of various healthcare reforms such as Patient Protection and Affordable Care Act(PPACA)
3.5.1.4. Rapidly increasing aging population and subsequent rise in the number of chronic diseases

3.5.2. Restraints

3.5.2.1. Increasing concerns regarding the patient data safety & security

3.5.3. Opportunities

3.5.3.1. Increasing investment in the Asia-Pacific region offers huge market potential

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