Healthcare IT Market Competitive Strategies, Demand and Trends- Leading Players Are Epic, McKesson, Carestream, Allscripts, Cerner Corporation, Siemens, View Cerner, Carestream Health,

Global Healthcare IT Market was valued at USD 90,373.80 million by 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.
Report Gives an in-depth study of the conditions for the 2018-2025 forecast period. The report describes the definition of the market, classifications, and key trends and shows how the market is changing and how sales, import, export and revenue are affected. The report tactically analyzes the Healthcare IT Market in terms of individual growth trends, prospects and market contributions. The aim of this report is to define, describe and forecast the global market based on types of applications, major sectors, deployment models, organizational size and regions. The report also includes SWOT analysis for the market, which clarifies the drivers and constraints on the market.

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Research Report On “Global 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 (North America, Europe, Asia-Pacific, South America, Middle East and Africa)” -2019 Industry Trends and Forecast to 2025

The major factors contributing to the growth of the market includes factors such as need for paper less technology, increasing government initiatives on healthcare IT sectors, adoption of cloud services and prevalence of chronic diseases. On the other hand, issues in information exchange, high installation & maintenance cost and lack of skilled expertise are hampering the market growth.

Healthcare IT Market Key Points:

Epic Systems Corporation is going to dominate the global healthcare IT market followed by:

McKesson Corporation,
Cerner Corporation,
Allscripts,
Carestream Health,
Siemens AG,

• The HCIT outsourcing services segment is dominating the global healthcare IT market.

• Medical image processing and analysis systems segment is expected to grow with the highest CAGR in the forecast period 2018 to 2025.
The clinical healthcare IT solutions segment accounted for the largest share of the healthcare IT provider solutions market in 2018. On the basis of components, the healthcare IT market is categorized into services, software, and hardware. The services segment accounted for the largest share of the market in 2018. Furthermore, on the basis of end users, the market is segmented into healthcare providers and healthcare payers. The healthcare providers segment is further divided into hospitals; ambulatory care centers; diagnostic and imaging centers; and home healthcare agencies, nursing homes, and assisted living facilities whereas the healthcare payer segment is sub segmented into private payers and public payers.

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TABLE OF CONTENTS

1. MARKET OVERVIEW
1.1. Market Definitions
1.2. Research Methodology
1.3. Market Segmentation

2. EXECUTIVE SUMMARY

3. MARKET DYNAMICS
3.1. Drivers
3.2. Restraints
3.3. Opportunities
3.4. Premium Market Trends

4. INDUSTRY ANALYSIS
4.1. Value Chain Analysis
4.2. Technology Roadmap
4.3. Market Attractiveness Analysis

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Global Healthcare IT Market Key Drivers:

Some of the major factors driving the market for global healthcare IT market are need for paper less technology, increasing government initiatives on healthcare IT sectors, adoption of cloud services and prevalence of chronic diseases.

Issues in information exchange, high installation & maintenance cost and lack of skilled expertise for healthcare IT hampering the growth of the market.

Global Healthcare IT Market Segmentation:-

The global healthcare IT market is segmented on the basis of products & services into
• HCIT outsourcing services,
• healthcare provider solutions,
• healthcare payer solutions,

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.

The clinical solutions are further sub segmented into:-
• electronic health records medical image processing and analysis systems,
• picture archiving and communication systems,
• radiology information systems,
• laboratory information systems,
• vendor neutral archive, computerized physician order entry,
• clinical decision support systems,
• specialty management information systems,
• healthcare IT integration systems,
• practice management systems,
• radiation dose management and others.

The non-clinical solutions are also sub segmented into:
• healthcare information exchange,
• revenue cycle management solutions,
• financial management systems,
• population health management solutions,
• medical document management solutions,
• pharmacy information systems,
• workforce management systems
• healthcare analytics.

The global healthcare IT market is segmented based on end users into providers and payers. In 2018, providers segment is estimated to cross USD 234,006.24 million by 2025, rising at the highest CAGR in the assessment period.

Providers are further sub segmented into:
• hospitals,
• home healthcare,
• diagnostic centres,
• ambulatory surgical centres and pharmacies.

Payers are further sub segmented into public and private.

The global healthcare IT market is highly fragmented and the major players have used various strategies such as
• new product launches,
• expansions,
• agreements,
• joint ventures,
• partnerships,
• acquisitions,
• and others to increase their footprints in this market

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East & Africa

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