Health Information Technology Market Size – USD 201.23 Billion in 2020,
VANCOUVER, BC, CANADA, April 11, 2022 /EINPresswire.com/ — The Global Health Information Technology Market The size reached USD 201.23 billion in 2020 and is expected to be valued at USD 549.95 billion in 2027 and register a stable CAGR during the forecast period, according to the latest analysis from Emergen Research. This steady growth can be attributed to the increase in government initiatives to implement health information technology (HCIT) solutions in the healthcare sector in developing countries and the preference for digital payments in the health sector. The adoption of technology and paperless solutions in the healthcare industry has been increasing rapidly over the past few years, which is expected to further drive the growth of the global healthcare information technology market over the period. forecast.
This Global Healthcare Information Technology Market report offers an in-depth study majorly focusing on key players and their business stratagem, geographical scope, market segments, competitive landscape, manufacturing and pricing structures and costs. Each section of the research study is explicitly prepared to explore crucial fragments of the global Healthcare Information Technology market. For example, the market dynamics section in the report gives an in-depth analysis of the drivers, restraints, trends, and opportunities in the global healthcare information technology market. Through qualitative and quantitative analysis, we provide you with detailed and comprehensive insights into the Global Healthcare Information Technology Market. The study also includes SWOT, PESTLE and Porter’s Five Forces analyzes of the global healthcare information technology market.
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The competitive landscape is broadly assessed alongside company profiles of major players engaged in the medical lighting technology market are Cerner Corporation, Oracle Corporation, Epic System Corporation, SAP SE, NextGen Healthcare Inc., Cognizant Technology Solutions, Wipro Limited, Tata Consultancy Services Limited, Dell Technologies Inc. and Allscripts Healthcare Solutions, Inc.
as well as new market entrants. It focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial condition and business base. consumers.
The deployment of healthcare IT services has increased rapidly as the services provided include maintenance and technical support, which is driving the revenue growth of the service segment to a large extent.
Due to improved data and information security, the deployment of on-premises IT healthcare solutions is increasing, which is expected to continue supporting the on-premises segment’s revenue growth over the forecast period.
The electronic health records segment accounted for the largest revenue share in the global health information technology market in 2020 owing to the growing adoption of the EHR system in the healthcare sector. Additionally, increase in government initiatives to implement EHR systems in healthcare facilities to improve patient care is propelling the revenue growth of Electronic Health Records segment.
The healthcare provider segment is expected to lead other end-use segments in terms of revenue share contribution to the global healthcare information technology market during the forecast period.
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Emergen Research has segmented the global health information technology market on the basis of product, end-use, and region.
Components Outlook (Revenue, USD Billion; 2017-2027)
Delivery Outlook (Revenue, USD Billion; 2017-2027)
On the site
Application Outlook (Revenue, USD Billion; 2017-2027)
Electronic prescription system
Laboratory information system
Computerized supplier order entry system
Electronic health records
Picture Archiving and Communication System
Radiological information system
Vendor Independent Archives
Revenue cycle management
Customer relationship management
End-Use Outlook (Revenue, USD Billion; 2017-2027)
health care payer
health care provider
Ambulatory clinical centers
Diagnostic and Imaging Centers
Other Regional Outlook: (Revenue, USD Billion; 2017-2027)
North America (United States) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia-Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (rest of LATAM)
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The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of key companies involved in the market. The report provides valuable information for stakeholders, investors, product managers, marketing executives, and other industry professionals.
Chapter 1 includes an introduction of the global Healthcare Information Technology Market, along with a comprehensive market overview, market scope, product offerings, and a survey of market drivers, opportunities for growth, risks, constraints and other vital factors.
Chapter 2 offers an in-depth analysis of key manufacturers engaged in this business vertical along with their sales and revenue estimates.
Chapter 3 details the highly competitive terrain of the market, highlighting the major manufacturers and suppliers.
In Chapter 4, our team has fragmented the Healthcare Information Technology market based on regions, highlighting the sales, revenue and market share of each region over the forecast period.
Chapter 5 and 6 have focused on segmentation of the Healthcare Information Technology market on the basis of product type and application
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