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Global Healthcare IT Integration Market Expected to Expand at a Steady CAGR of 11.8% through 2024

Global Healthcare IT Integration Market ? Trends and Forecast to 2024

Global Healthcare IT Integration Market ? Trends and Forecast to 2024

Global healthcare IT integration market is expected to reach USD 6.5 billion, growing at a CAGR of 11.8% during the forecast period of 2016 to 2024, from USD 2.68 billion in 2016.The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Healthcare IT Integration Market, By Type (Products (Integration Engines, Integration Software), Services (Installation Services, Maintenance Services, Training), By End User (Hospitals, Radiology Centers, Diagnostic Laboratories, Cath Labs, Clinics, Others), By Applications (Medical Device Integration, Healthcare Center Integration), By Geography (North America, Europe, Asia-Pacific, South America, Rest of the World) – Trends and Forecast to 2024

Global Healthcare IT Integration Market – Market Segmentation:

The healthcare IT integration market is segmented based on type, services, end user, applications and geography. Based on type the market is segmented into products and services.

The product segment includes integration engines or platforms and integration software. In 2015, the healthcare IT integration engines segment is dominant with approximately a market share of above 70% growing at the highest CAGR of 12.6% in the forecast period. The healthcare It integration services is further segmented into installation services, maintenance services and training services. The maintenance services segment commanded the largest share of 48.7% of the global healthcare IT integration market, by service, in 2015.

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Based on end-users the healthcare IT integration is segmented into hospitals, radiology centers, diagnostic laboratories, cath labs, clinics and, others. In 2016, hospitals is expected to be the largest end-user for healthcare IT integration products, owing to the large number of healthcare IT products installed in hospitals, the larger number of products more is the complexity and hence greater needs for integration.

Based on applications the global healthcare IT integration market is segmented into medical device integration and healthcare center integration. In 2015, healthcare It integration leads the market, owing to the increasing number of users for healthcare IT products and increasing demand of Electronic Health Records (EHR) solutions in the market.

Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.

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Some of the major players operating in this market are

Some of the major players operating in this global healthcare IT integration market are Care point Health, Oracle, AVI-SPL, Inc., All scripts Healthcare Solutions, Inc., Epic Systems Corporation, Qualcomm Life, Inc., Interfaceware, Inc., Orion Health, Quality Systems, Inc., Cerner Corporation, InterSystems Corporation, Infor, Inc., Orion Health, Summit Healthcare and Siemens among other vernacular players.

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