Healthcare IT Outsourcing Market Size To Surpass US$ 76.7 Billion by 2028 | Impressive CAGR of 7.7%

According to the latest research study by IMARC Group, "Healthcare IT Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The global healthcare IT outsourcing market size reached US$ 46.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 76.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028.

Healthcare IT outsourcing refers to the delegation of IT functions within a healthcare setting to external third-party service providers. It encompasses multiple tasks, such as basic helpdesk support, hardware maintenance, electronic health record (EHR) management, data analytics, and application development. It also includes infrastructure outsourcing, application outsourcing, and business process outsourcing. It enables medical practitioners to focus on patient care, removing the burden of managing complex technologies. It reduces IT infrastructure costs, enhances compliance with regulatory standards, and provides more agility in adopting technological advancements.

Healthcare IT Outsourcing Market Request a free sample brochure: https://www.imarcgroup.com/healthcare-it-outsourcing-market/requestsample

Healthcare IT Outsourcing Market Trends and Drivers:

The increasing utilization of health management systems that provide comprehensive data analytics and reporting capabilities represents one of the crucial factors impelling the market growth. Additionally, the growing medical operation costs are influencing healthcare organizations to outsource their IT functions. Moreover, increasing advancements in artificial intelligence (AI) and machine learning (ML) for data interpretation and predictive analytics are bolstering the market growth. Furthermore, the growing demand for more interactive and convenient healthcare services, along with mobile appointment scheduling and e-prescriptions, is positively influencing the market. Apart from this, the increasing trend toward vendor consolidation in healthcare IT outsourcing is strengthening the growth of the market. In addition, the rising migration of the IT infrastructure of healthcare organizations to the cloud to achieve scalability and flexibility is supporting the growth of the market.

Who are The Key Players Operating in The Industry?

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Allscripts Healthcare Solutions Inc
• Dell Technologies Inc.
• Infosys Limited
• International Business Machines
• Koninklijke Philips N.V.
• Optum Inc. (UnitedHealth Group Incorporated)
• Siemens Healthineers AG
• Tata Consultancy Services
• Wipro Limited and Xerox Corporation.

The report has been segmented the market into following categories:

Breakup by Type:
• Payers HCIT Outsourcing
o Hospital Information System (HIS)
o Laboratory Information System (LIS)
o Radiology Information System (RIS)
o Electronic Medical Records (EMR)
o Others
• Providers HCIT Outsourcing
o Revenue Cycle Management (RCM) System
o Healthcare Analytics

Breakup by End User:
• Healthcare Provider System
• Biopharmaceutical Industry
• Clinical Research Organization
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.