Healthcare IT Market Report: Production Capacity and Consumption Analysis, Trends Analysis Report and Forecasts, 2022 – 2027

The most current study distributed by Market Intelligence Data, titled Global Healthcare IT Market from 2022 to 2027, provides a comprehensive market overview. The research evaluates the opportunities and current market status, providing insights and updates on the related segments involved in the Healthcare IT Market Report using historic data from 2016 to 2022 and forecasts until 2027 This record delivers a future analysis of the business in detail. The study simplifies the market circumstance and forecast restraints of the fundamental zones, with the logical presentation of preeminent producers, product types, and end-client associations.

Healthcare IT Market is expected to register a CAGR of 13.5% over the forecast period 2022 – 2027

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The study covers competitive landscape of top manufacturers are: CERNER, MCKESSON, GE HEALTHCARE, ALLSCRIPTS HEALTHCARE SOLUTIONS, PHILIPS HEALTHCARE, EPIC SYSTEMS, INFOR, COGNIZANT TECHNOLOGY SOLUTIONS, ORACLE, ATHENAHEALTH, DELL TECHNOLOGIES, OPTUM

Recent Developments:

GE Healthcare has acquired 29 companies, including 6 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 11 assets.

GE Healthcare’s largest acquisition to date was in 2021, when it acquired BK Medical Holding Company for $1.5B. It’s largest disclosed sale occurred in 2018, when it sold Centricity Contingent Staffing to Veritas Capital for $1.1B. GE Healthcare has acquired in 11 different US states, and 5 countries. The Company’s most targeted sectors include medical products (41%) and healthcare services (19%).

Market Overview:

In the last few years, the volume of electronic data produced in the healthcare industry has expanded to terabytes and petabytes, primarily due to the digitization of administrative, clinical, and financial information. With the volume growing almost twofold every year, it is expected to reach exabytes and even zettabytes in the coming years. In addition to the growing volume, the sheer diversity of data in healthcare presents a major challenge for healthcare providers.

Global Healthcare IT Market Segmentation:

Segmentation By Type:

Local Deployment

Cloud Deployment

Segmentation By Application:

Hospital

Clinic

Other

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Regional Analysis:

Asia-Pacific is the fastest-growing market for healthcare IT market during the forecast period.

The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. The high growth in this regional market can be attributed to rising medical tourism, the implementation of new ICT guidelines in Japan, investments and reforms to modernize China’s healthcare infrastructure, the rapidly growing healthcare industry in India, and the implementation of IT programs in Australia and New Zealand.

North America, Europe, China, Japan, Southeast Asia, and India are just a few examples.

North America is located in North America (United States, Canada, and Mexico).

Europe is a continent that has a (Germany, France, United Kingdom, Russia and Italy).

Asia and the Pacific (China, Japan, South Korea, India and Southeast Asia).

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Highlights of Healthcare IT Market report:

Detailed analysis of the Healthcare IT Market
Changing industry market dynamics
In-depth market segmentation by type, application, and other factors
Market size, both in terms of size and value, in the past, present, and future.
Current trends and advancements in the industry
Healthcare IT Market Competitive Landscape
Important players and product offerings
High-potential and specialist sectors/regions that are expected to flourish.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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This release was published on openPR.