Press release
Healthcare IT Integration Market Size, Share, Growth, Industry Trends and Forecast 2033
The Business Research Company offers in-depth market insights through Healthcare IT Integration Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The healthcare it integration market size has grown rapidly in recent years. It will grow from $4.38 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to interoperability initiatives, population health management, regulatory compliance, .
The healthcare it integration market size is expected to see rapid growth in the next few years. It will grow to $8.18 billion in 2028 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to precision medicine initiatives, standardization efforts, consumer health wearables, increasing in mobile health applications, remote workforce enablement. Major trends in the forecast period include interoperability advancements, focus on patient-centric integration, precision medicine integration, population health management integration, cybersecurity and data privacy measures, remote workforce enablement, ai-driven predictive analytics..
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Market Segmentation:
The healthcare it integration market covered in this report is segmented -
1) By Component: Product, Service
2) By Application: Clinic Integration, Radiology Integration, Lab Integration, Hospital Integration, Other Applications
Major Driver - Rapid Adoption Of Electronic Health Records Drives Growth In Healthcare It Integration Market
The rapid adoption of electronic health records by physicians is significantly contributing to the growth of the healthcare IT integration market. 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. Therefore, the rapid adoption of electronic health records by physicians is expected to propel the growth of the healthcare IT integration market over the coming years.
Competitive Landscape:
Major companies operating in the healthcare it integration market report are Infor Inc., InterSystems Corporation, Cerner Corporation, Orion Health Group Limited, NXGN Management LLC (NextGen Healthcare), iNTERFACEWARE Inc., Allscripts Healthcare LLC, Epic Systems Corporation, AVI-SPL Inc., Corepoint Health-Rhapsody, Oracle Corporation, GE Healthcare Technologies Inc., IBM Corporation, Siemens Healthcare GmbH, Qualcomm Life Inc., Medical Information Technology Inc., OSI Systems Inc., athenahealth Inc., PHC Holdings Corporation, CitiusTech Healthcare Technology Private Limited, Babylon Healthcare Services Ltd., AdvancedMD Inc., Axtria Inc., HealthEdge Holdings Inc., Definitive Healthcare Corporation, Accolade Inc., Modernizing Medicine Inc., Verily Life Sciences LLC, CompuGroup Medical AG, Global Healthcare Exchange LLC, Sema4 Inc., TherapyNotes LLC, Relias LLC, WebPT Inc., Telus Health Solutions GP, Benchling Inc., Color Genomics Inc., Access Healthcare Services Inc., eHealth Technologies Inc., Onyx Healthcare USA Inc., AngelEye Health LLC, Eddy Inc., On-Point Services LLC, Pluto Health, Solutionize Inc., 1upHealth Inc., Optum Inc., Change Healthcare Inc., Koninklijke Philips N. V.
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Top Trend - Technological Advancement Transforming The Healthcare It Integration Market
Technological advancement in healthcare IT integration is the key trend being followed by the companies operating in the healthcare IT integration market. 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. It also allows users to network with approximately over 1300 healthcare organizations for maintaining and monitoring patients' data exchange using FHIP, C-CDA, DICOM, and others.
The Table Of Content For The Market Report 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
…..
27. Healthcare IT Integration Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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