U.S. Healthcare IT Market Expected to Reach $344 Billion by 2030

U.S. healthcare IT market was valued at $96,930.26 Million in 2020, and is estimated to reach $344,074.09 Million by 2030, growing at a CAGR of 13.4% from 2021 to 2030. Proactive measures by healthcare organizations to improve patient care & safety coupled with increase in government initiatives to improve healthcare infrastructure drive the growth of the U.S. HCIT market . However, increasing supply and demand gap in the healthcare sector hinders the market growth. On the other hand, collaboration of leading market players with local players would create new opportunities for the market growth.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
The key market players analyzed in the research include Allscripts Healthcare Solutions, Inc., Cerner Corporation, Athenahealth, Inc., HealthStream, Epic Systems Corporation, IBM Corporation, Greenway Health, LLC, McKesson Corporation, Infor, and SAS Institute Inc. They have implemented strategies such as expansions, joint ventures, mergers & acquisitions, collaborations, partnerships, and others to achieve a strong position in the industry.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/5070

𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:

The COVID-19 outbreak is anticipated to have a positive impact on the growth of the Healthcare IT market. This is attributed to the fact that the pandemic escalated the demand for healthcare IT solutions to provide effective services to patients through remote location. In addition, increase in demand for the use of virtual health and surge in use of telehealth propel the growth of the U.S. healthcare IT market. For instance, in 2020, Deloitte, one of the leading professional IT service firm, reported that during COVID-19 pandemic, approximately 43.5% of all U.S Medicare primary care visits were through telehealth, which was just 0.1% pre-pandemic.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/5070

Healthcare provider solutions segment contributed nearly two-thirds share of the total market revenue in 2017 and is expected to maintain its dominance throughout the forecast period. It would register the fastest CAGR of 14.5% from 2018 to 2025. This segment is a lucrative segment, owing to rise in demand for fast billing systems and integrated healthcare systems to reduce manual errors. The other product types analyzed in the report include healthcare payer solutions and HCIT outsourcing services.

Clinical solutions segment to remain lucrative through 2025

Clinical solutions segment held the major share of the U.S. HCIT market in 2017, contributing more than half of the total revenue. This segment is projected to grow at the fastest CAGR of 17.5% from 2018 to 2025, owing to supportive government policies and increased investments to improve the adoption of HCIT clinical solutions and trend of innovation. The non-clinical healthcare IT solutions segment is expected to grow at a steady rate during the forecast period.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

• On the basis of product type, the healthcare provider solutions segment was the highest
• Depending on end user, healthcare providers garnered the largest revenue share in 2020.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Vaccines Market -- https://www.alliedmarketresearch.com/vaccines-market

Biopharmaceuticals Market -- https://www.alliedmarketresearch.com/biopharmaceutical-market

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