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Global Healthcare IT Market Projected to Surpass USD 1,650.34 billion by 2035, Catalyzed by Generative AI and Cloud-Native Ecosystems

01-14-2026 10:59 AM CET | Health & Medicine

Press release from: Market Research Future

Global Healthcare IT Market Projected to Surpass USD 1,650.34

The global Healthcare IT Market is entering a new era of hyper-growth, driven by the mass adoption of generative AI, the decentralization of patient care, and a critical industry-wide push for data interoperability. According to the latest market intelligence, the sector is valued at approximately USD 386.58 billion in 2026 and is forecasted to accelerate at a remarkable compound annual growth rate (CAGR) of 17.5%, reaching USD 1,650.34 billion by 2035.

As healthcare systems worldwide grapple with workforce shortages and rising operational costs, Information Technology (IT) has evolved from a back-office utility into the primary engine of clinical and financial resilience.

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Key Market Catalysts for 2026 and Beyond

The expansion of the Healthcare IT Market is being fueled by several transformative pillars:

The Rise of Agentic AI: Moving beyond simple chatbots, "Agentic AI" is now being integrated into clinical workflows to automate complex tasks such as real-time radiology reporting, predictive patient triaging, and automated medical coding.

Cloud-Native Interoperability: With the global transition to cloud-based delivery modes, healthcare providers are prioritizing FHIR (Fast Healthcare Interoperability Resources) standards to ensure seamless data exchange between Electronic Health Records (EHR) and third-party telehealth platforms.

Decentralized Care & IoMT: The "Home as a Healthcare Hub" initiative is driving massive investment in the Internet of Medical Things (IoMT). Advanced wearables and remote patient monitoring (RPM) tools are now essential for managing chronic diseases outside traditional hospital settings.

Cybersecurity Resilience: As healthcare remains a primary target for ransomware, the market for zero-trust architecture and AI-driven threat detection within healthcare IT frameworks is seeing unprecedented capital inflow.

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Segmental and Regional Highlights

Software & Services Lead: The software segment, particularly SaaS-based EHR and Revenue Cycle Management (RCM) solutions, is expected to maintain the highest growth trajectory through 2030.

North America Dominance: North America continues to lead the global landscape, holding a 41% market share in 2025, supported by robust regulatory frameworks and high R&D investment in precision medicine.

Asia-Pacific Acceleration: The APAC region is identified as the fastest-growing market, with a projected CAGR of over 20%, driven by rapid digital health transformations in India, China, and Southeast Asia.
Competitive Landscape

The market is defined by a blend of legacy giants and specialized AI-driven innovators. Leading entities include:

McKesson Corporation
Abbott Laboratories (Abbott Informatics)
Oracle Health (Cerner)
Cognizant Healthcare
GE HealthCare
Epic Systems Corporation
Allscripts Healthcare, LLC

For a comprehensive analysis of the technological shifts, competitive benchmarking, and 10-year growth forecasts, access the full report here: https://www.marketresearchfuture.com/reports/healthcare-it-market-5950

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Market Research Future (Part of Wantstats Research and Media Private Limited)
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New York, NY 10013
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Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

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