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Global Healthcare IT Consulting Services Market Expected Growth 20% by 2024: Leading Companies are Accenture, Cognizant, HCL Technologies Limited, IBM, Infosys Limited, Microsoft, Tata Consultancy Services Limited, Oracle, Wipro Limited
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The Global Healthcare IT Consulting Services Market accounted to USD 15.60 billion in 2016 growing at a CAGR of 20% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024
Market Definition: Global Healthcare IT Consulting Services Market
The Healthcare IT solutions & services, automate, manage and control the different tasks and processes in healthcare organizations. This market growth is attributed to the rising demand for patient safety & data accuracy, need to limit healthcare cost, and execution of various healthcare policies promoting the use of HCIT in healthcare facilities.
Some of the major players operating in this market are
• Accenture
• Allscripts
• Atos SE
• Epic Systems Corporation
• General Electric
• Koninklijke Philips N.V.
• Mckesson Corporation
• Cerner Corporation
• Cisco Systems Inc.
• Cognizant
• Genpact
• Deloitte
• HCL Technologies Limited
• Hexaware Technologies
• Infor
• IBM
• Infosys Limited
• LARSEN & TOUBRO LIMITED
• Microsoft
• NTT DATA Corporation
• Oracle
• SAP SE
• Tata Consultancy Services Limited
• Wipro Limited
Major Market Drivers & Restraints:
• Adoption of cloud technology in HCIT Services.
• Rise in severe regulation for HCIT.
• Increased digitization in healthcare.
• Government support for Healthcare IT solutions.
• Lack of skilled it professionals in healthcare.
• Increasing need for data security.
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Market Segmentations:
Global Healthcare IT Consulting Services Market is segmented on the basis of
• Type
• End User
• Geography.
Market Segmentations in Details:
On the basis of Type, into HCIT strategy and project/program management, healthcare application analysis, design and development, HCIT integration and migration, HCIT change management, healthcare/medical system security set-up and risk assessment, healthcare enterprise reporting and data analytics, production go-live/post go-live support, healthcare business process management and regulatory compliance.
On the basis of End Users the market is segmented into healthcare providers and healthcare payers. Healthcare providers is further sub segmented into hospitals, physician groups and integrated delivery networks (IDNS), ambulatory care centers, diagnostic & imaging centers home healthcare agencies, nursing homes and assisted living facilities. Healthcare payers are further sub segmented in private and public payer.
On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
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Competitive Analysis: Global Healthcare IT Consulting Services Market
The healthcare IT consulting services market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of healthcareIT consulting services market for global, Europe, North America, Asia Pacific and South America.
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