Press release
Healthcare IT Integration Market Size, Share, Revenue, Trends And Drivers For 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Healthcare IT Integration Global Market Report 2023 identifies The rapid adoption of electronic health records as the major driver for the Healthcare IT Integration market's growth in the forecast period. The electronic health record is a systematic collection of real-time data of patients in digital format by physicians or hospitals, whose information is instantly and securely available by authorised users. Electronic health records require healthcare IT software and its integration into healthcare institutes for smooth functioning and maintenance of vast medical data. For instance, in 2021, according to HealthIT.gov, a US-based official website for health information technology, a certified EHR was adopted by virtually all non-federal acute care hospitals (96%) and nearly 4 in 5 all office-based physicians (78%) in the United States.
The global healthcare IT integration market size will grow from $3.99 billion in 2022 to $4.5 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the healthcare IT integration market size is expected to grow to $7.42 billion in 2027 at a CAGR of 13.3%.
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Major competitors in the Healthcare IT Integration market are Infor, InterSystems Corporation, Cerner Corporation, Orion Health, NXGN Management, LLC, iNTERFACEWARE Inc.
A key trend in the Healthcare IT Integration market includes Technological advancement. For instance, in 2021, Lyniate, an American-based healthcare IT integration g followed by the companies operating in the healthcare IT integration market. For instance, in 2021, Lyniate, an American-based healthcare IT integration company, launched its new product, Lyniate Envoy, with API technology from Datica Inc., which offers turnkey data exchange with any healthcare IT system, including Corepoint and Rhapsody.
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The Healthcare IT Integration market is segmented -
•By Component: Product, Service
•By Application: Clinic Integration, Radiology Integration, Lab Integration, Hospital Integration, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Healthcare IT Integration market.
The Business Research Company's "Global Healthcare IT Integration Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Healthcare IT Integration Market Include:
1. Executive Summary
2. Healthcare IT Integration Market Characteristics
3. Healthcare IT Integration Market Trends And Strategies
4. Healthcare IT Integration Market - Macro Economic Scenario
5. Healthcare IT Integration Market Size And Growth
...............................
26. Africa Healthcare IT Integration Market
27. Healthcare IT Integration Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Healthcare IT Integration Market
29. Healthcare IT Integration Market Future Outlook and Potential Analysis
30. Appendix
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