Healthcare Information Technology (IT) Market Estimated to Grow At High CAGR% Up To 2020 to 2027 With IBM, 3M health Information Systems, Conifer Health Solutions, Kronos Incorporated

Rising demand for telehealth and mHealth solutions owing to increased penetration of smartphones, high adoption of cloud technology-related HCIT services, rapidly increasing aging population and the subsequent surge in a number of chronic diseases have boosted the growth of the global healthcare IT market. Moreover, the implementation of various healthcare reform such as patent protection and affordable care act (PPACA) supplemented the market growth. However, increasing concerns regarding patient data safety & security hampers the market growth. On the contrary, rise in investments in the Asia-Pacific region is expected to create lucrative opportunities in the near future.

global healthcare IT market was pegged at $141.45 billion in 2016 and is projected to garner $297.49 billion, registering a CAGR of 13.2% to 2022

Get Sample PDF of Report@ https://www.alliedmarketresearch.com/request-sample/472

The global healthcare IT market is divided on the basis of product, end user, and geography. Based on product, the market is segmented into healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. The healthcare provider solutions segment dominated the market in terms of revenue, accounting for more than six-tenths of the market in 2016. Moreover, the segment is expected to manifest the fastest CAGR of 16.2% during the forecast period.

Key Companies In Healthcare Information Technology (IT) Market: -

The global healthcare IT market report provides detailed analysis of the major market players such as 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., and Spok Inc.

The report provides revenue forecast with sales, sales growth rate, and revenue growth rate forecasts of the global Healthcare Information Technology (IT) market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are provided to understand the future outlook and prospects for the market.

On the basis of end user, the market is bifurcated into healthcare providers, healthcare, and payers. The healthcare providers segment held the lion's share in 2016, contributing nearly three-fourths of the market. Moreover, the market is expected to portray the fastest CAGR of 14.2% during the study period. On the other hand, the other segments are projected to show a gradual growth through 2022.
The market is analyzed across various regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across North America held the largest share in 2016, contributing more than two-fifths of the total market. However, the market across the Asia-Pacific region is expected to portray the fastest CAGR of 15.3% through 2022

Inquiry for Buying Report@ https://www.alliedmarketresearch.com/purchase-enquiry/472

Contact:

David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us:

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.