Healthcare IT Consulting Market Projected to Reach USD 77.99 Billion by 2025 | Koninklijke Philips N.V., IBM Corporation, General Electric Company, Siemens Healthineers, Cerner, Mckesson, NTT Data, Allscripts Healthcare Solutions, Deloitte T

Healthcare IT Consulting Market was valued at USD 15.46 billion in 2016 and is projected to reach USD 77.99 billion by 2025, growing at a CAGR of 19.7% from 2017 to 2025. Healthcare IT consulting is referred to the analytical service provider software systems. For maintenance of data and keeping a record safely, mainly used by Health Organizations to keep a track of patients, their medical data, personal therapy data and other information related to treatment.

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Market Dynamics of Healthcare IT Consulting Market:

-Market Drivers
Growing digitalization
Changes in HCIT Landscape
Government Support
Growing HCIT
Growing Venture Capitalists
Rising data security needs

-Market Restraints
Lack of IT professionals
Security risks of data stored in systems

Competitive Landscape:
The major players in the market are as follows:
1. Koninklijke Philips N.V.
2. IBM Corporation
3. General Electric (GE) Company Waters Corporation
4. Siemens Healthineers (A Division of Siemens AG)
5. Cerner Corporation Perkinelmer Inc.
6. Mckesson Corporation
7. NTT Data Corporation
8. Allscripts Healthcare Solutions, Inc.
9. Deloitte Touche Tohmatsu Limited
10. Epic Systems Corporation
11. Cognizant
12. Infor, Inc.
13. Oracle
14. Accenture
15. Infosys

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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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