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Healthcare IT Market by Top Players – 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)

12-22-2018 06:48 AM CET | Health & Medicine

Press release from: Big Market Research

Healthcare IT Market

Healthcare IT Market

Healthcare Information Technology (HCIT) deals with creation, development, design, use, and maintenance of information systems for the healthcare industry. It is anticipated that the automated and interoperable healthcare information system could improve medical care by reducing healthcare costs, increase efficiency, decrease errors, increase patient satisfaction, and optimize reimbursement for ambulatory and inpatient healthcare providers.

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The world HCIT market was valued at $125 billion in 2015, and is estimated to reach $297 billion by 2022, with a CAGR of 13.2% over the forecast period. The growth in this market is driven by the increasing demand for patient safety and data accuracy, government regulations promoting the use of HCIT solutions, and the need to curtail healthcare expenditure. However, scarcity of skilled IT professional in healthcare industry & increasing concerns regarding the patient data safety & security are hindering the adoption of HCIT solution. Moreover, an increasing effect of the drivers over restraints is likely to reveal new market opportunities for key players offering HCIT related solutions and services.

The HCIT markets in the Asia-Pacific and LAMEA regions is at their nascent stage, but is expected to grow at a significant CAGR during the forecast period, owing to the high economic growth and demand for better healthcare services. Moreover, increase in the number of pharmacies and other healthcare centers across the globe is expected to create new opportunities for the market players.

In this report, the world HCIT market is segmented based on product, end user, and geography. Based on product, the market is divided into healthcare provider solutions, healthcare payer solution, and HCIT outsourcing services. In 2015, the healthcare provider solution segment held the largest share of world HCIT market, attributed to rising adoption of electronic health records (EHRs) and other hospital information systems by healthcare providers.

The end users of the healthcare IT market include healthcare providers and healthcare payers. The healthcare providers segment is subsegmented into hospitals, ambulatory care centers, diagnostic and imaging centers, pharmacies, and others including home healthcare agencies, nursing homes, and assisted living centers). The healthcare payers segment comprises private payers and public payers. Hospitals are the largest end user segment in the HCIT market, owing to the high demand for numerous HCIT solutions to manage huge patient data. Based on geography, the market is categorized into four regions, namely, North America, Europe, Asia-Pacific, and LAMEA. North America is anticipated to dominate the global market during the forecast period, due to the favorable policies by federal government to promote the use of HCIT solutions, well-established healthcare policies, and demand for patient safety & data accuracy.

The report provides a comprehensive analysis of the below key players in the world HCIT market: 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), Cerner Corporation (U.S.), Oracle Corporation (U.S.), Koninklijke Philips N.V. (The Netherlands), Infor, Inc. (U.S.), 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.

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Table of Content:
1.4.1 Secondary research
3.2.1 Top winning strategies
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)
3.5.1 Drivers Surging Demand For Telehealth And Mhealth Solutions From The Large Number Of Smartphone Users Adoption of Cloud Technology Related HCIT services Implementation of various healthcare reforms such as Patient Protection and Affordable Care Act(PPACA) Rapidly increasing aging population and subsequent rise in the number of chronic diseases
3.5.2 Restraints Increasing Concerns Regarding The Patient Data Safety & Security
3.5.3 Opportunities Increasing Investment In The Asia-Pacific Region Offers Huge Market Potential
4.1.1 Market size and forecast
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.2.4 Clinical Solutions Key market trends Key Growth Factors And Opportunities Market Size & Forecast Electronic Health/Medical Records Market Size & Forecast Vendor Neutral Archive (VNA) and Picture Archiving and Communications Systems(PACS) Market size & forecast Computerized Physician Order Entry Market size & forecast Clinical Decision Support Systems Market size & forecast Radiology Information System Market size & forecast Radiology DOSE Management System Market size & forecast Specialty Management Information Systems Market size & forecast Medical Image processing & Analysis solution Market size & forecast Healthcare IT Integration Systems Market size & forecast Practice Management Systems Market size & forecast Laboratory Information Systems Market size & forecast Digital Pathology SOLUTION Market size & forecast mobile health (mHealth) Solutions Market size & forecast Telehealth Solutions Market size & forecast
4.2.5 NoN-Clinical Solutions Key Market Trends Key Growth Factors And Opportunities Market Size & Forecast Pharmacy Information System Market Size & Forecast Medication Management System Market Size & Forecast Electronic Medication Administration Records(eMAR) Software Market Size & Forecast Barcode Medication Administration Market Size & Forecast Medication Inventory Management Systems Market Size & Forecast Medication Assurance Systems Market Size & Forecast Healthcare Asset Management Market Size & Forecast Equipment Management Systems Market Size & Forecast

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