Healthcare IT Consulting Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2017 To 2023

The latest industry research report on Healthcare IT Consulting by MRC provides a thorough analysis of the global Healthcare IT Consulting market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Healthcare IT Consulting industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis of the industry taking into consideration the significant development factors, competition in the market, and important reasons impacting the market growth.

According to Stratistics MRC,the Global Healthcare IT Consulting Market is accounted for $15.69 billion in 2016 and expected to grow at a CAGR of 20.2% to reach $56.9 billion by 2023. The market is driven by rapid growth in digitization of healthcare, rapidly changing HCIT landscape, government support for healthcare IT solutions, growing HCIT expenditure, growing venture capital investments in health IT, and the need for data security are driving the growth of this market. However, concerns regarding data confidentiality will hamper market growth. Furthermore, cloud consulting, increasing consolidation in the healthcare industry, opportunities in small rural hospitals and need for healthcare IT consultants in emerging economies is providing lot of opportunities.

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Healthcare 2.0 is a new wave focused on improving clinical efficiency, quality of care, affordability, and fee-for-value. Healthcare IT exceeds expectations in the healthcare IT consulting / staffing field. A healthcare data analytics platform can be defined as a single, interoperable system that uses retrospective data to produce business intelligence reports that quantify enterprise-level financial and operational performance, as well as, disparate clinical data to enable predictive, real-time reporting of patient outcomes against every episode of care delivered. For example, some health systems might utilize advanced enterprise data processing architecture to derive patient-specific insights for every episode of care, whereas others still rely on basic reporting capabilities of legacy Business Intelligence (BI) tools.
Use cases in the healthcare industry encompass monitoring a patient’s health progress while in the hospital. Implementation of many healthcare regulations in the hospitals like Obamacare has showed an increase in the Healthcare Business Process Management market. Integrating all the data requires concentrated efforts and healthcare expertise to pool data in order to improve the expected outcomes. Healthcare has a low tolerance to errors because all the diagnosis is dependent on the right, nay accurate, data. 
Healthcare organizations are embracing program and portfolio management to address enterprise-level needs. Projects in the healthcare sector can be large or small and involve one person or thousands of people. Most healthcare projects are done to help people prevent, improve, or deal with a health concern. The government is often the sponsor or reason for a healthcare project or it creates laws or standards that must be followed in private healthcare projects. Hospital and physician integration is accelerating, and organizations must use standardized clinical and business models. Enterprise project portfolio management is a way for healthcare networks to manage and evaluate a large number of projects by grouping them into strategic portfolios.

North America is projected to dominate the market, followed by Europe. The growth is attributed to government initiatives to enhance adoption of Healthcare solutions, increasing government expenditure, stringent legislative requirements and accreditations required for healthcare IT solutions. Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period due to the government initiatives to establish standards, regulations, and infrastructure to promote HCIT.

The key players in global Healthcare IT Consulting market are ALLSCRIPTS HEALTHCARE SOLUTIONS, INC., Cerner Corporation, Cognizant Technology Solutions, Deloitte Touche Tohmatsu Limited, Epic Systems Corporation, General electric (GE) company, IBM Corporation, Infor, Inc., Koninklijke Philips N.V., McKesson Corporation, NTT DATA Corporation, Oracle Corporation and Siemens Healthineers (a division of Siemens Ag).

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End Users Covered:
• Healthcare Payers
o Public Payers
o Private Payers
• Healthcare Providers
o Ambulatory Care Centers
o Diagnostic and Imaging Centers
o Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
o Hospitals, Physician Groups, and Integrated Delivery Networks (IDNS)
o Other Healthcare Providers
• Other End Users

Types Covered:
• Regulatory Compliance 
• Production Go-Live/Post Go-Live Support 
• Healthcare/Medical System Security Set-Up and Risk Assessment 
• Healthcare Enterprise Reporting and Data Analytics 
• Healthcare Business Process Management 
• Healthcare Application Analysis, Design and Development 
• HCIT Strategy and Project/Program Management 
• HCIT Integration and Migration 
• HCIT Change Management 
• Other Consulting Services

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan 
o China 
o India 
o Australia 
o New Zealand
o South Korea 
o Rest of Asia Pacific 
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments. It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.

Key Topics Covered in the Report:

Comprehensive overview of parent market with market definition, classification
Recognition of factors influencing the market scenarios and analysis of market drivers, barriers, and their impact on the market growth
Current and future market trends, market scope and detailed market segmentation on the basis of application, region, and competitive scenario
Value Chain Analysis, Strategic insights, and market estimations
Technology, trends, developments, and changing market dynamics of the Cannabis Testing industry
Facts, stats, historical data, market size forecast regarding volume and value
Analysis of competitive landscape and assessments on a regional scale with company profiles of leading market players, finance metrics, product offerings and key business strategies and growth prospects for the projected period
Insights on prospective opportunities and challenges, success and risk
The report brings to your attention analysis of the Licorice Extract market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.

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The report brings to your attention analysis of the Healthcare IT Consulting market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.

Market Scope

The research report takes different facets into consideration to scrutinize the global Healthcare IT Consulting industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.

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