Healthcare IT Consulting Market Research Report Share, Growth, Size, Trends and Forecast 2017 - 2022

Healthcare IT is a collective term expended for assistance presented by information technology in the medical industry. These aids provide superior data management and secure trade of health information among governments, consumers, and insurers. There is a huge demand for common applications such as medical record system and electronic health and automated physician classify entry system alongside dedicated solutions such as clinical trials management system, data mining system, and medical decision support system. Additionally, IT solutions such as hospital information systems, ambulatory care management systems, EMR, patient management systems, EHR and e-prescribing systems are being widely acquired by hospitals and clinics to render enhanced patient care.

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The advantages of implementing IT solutions in healthcare are a reduction in medical misplays, decline in healthcare cost, amplified successful procedure results, and augment in health care efficiency. For example, the United States government has approved many regulatory acts concentrating on the acceptance of e-healthcare by both private sector units and the public, to reduce the huge healthcare expenditure.

The global healthcare IT consulting market is projected to witness rapid growth over the forecast period of 2017 to 2022 with prominent compound annual growth rate. The driving factors the growth of global healthcare IT market are reimbursement on investment while using healthcare services, augment in pressure to reduce healthcare cost, rise in adoption of CPOE (Computerized Physician Order Entry) in order to trim down medicine errors, high rising demand to integrate healthcare systems, compensation from the United States government, boost in medical touristy in the region like Asia, increase in geriatric population, and augment in occurrences of chronic diseases.
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However, rising price of healthcare IT services, elevated maintenance of the healthcare IT systems and split nature of the healthcare IT market are the few factors hindering the growth of the global healthcare IT market. Moreover, uneven regulatory setting in developed as well as developing are major hurdles to the growth of the global healthcare IT market during the forecast years.
The key market players in the global healthcare IT consulting market are Infosys Ltd., Koninklijke Philips N.V., Oracle Corporation, McKesson Corporation, General Electric (GE) Company, Cognizant Technology Solutions Corporation, Siemens Healthineers, Deloitte Touche Tohmatsu Limited, IBM Corporation, Accenture PLC., Cerner Corporation, NTT Data Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions and Infor, Inc. According to product types, the market industry is split into; Healthcare Application Analysis, Design, and Development; HCIT Strategy and Project/Program Management; HCIT Integration and Migration; Healthcare/Medical System Security Set-Up and Risk Assessment; HCIT Change Management; Healthcare Enterprise Reporting and Data Analytics and Other Consulting Services. By application, the global market is classified as; Healthcare Providers, Healthcare Payers and Other End Users. Geographically, the global healthcare IT consulting market is segmented into regions which are; Southeast Asia, Asia-Pacific, North America, South America Europe, Africa, Middle East and rest of the world.

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