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Global Healthcare IT Market Size, Trends and Forecasts, 2017 – 2024

Data Bridge Market Research new Insight’s on “Global Healthcare It Market is projected to reach 340.9 billion by 2024, from USD 131.0 billion in 2016
kunal raut | 01.09.2018
© kunal raut
Data Bridge Market Research new Insight’s on “Global Healthcare It Market is projected to reach 340.9 billion by 2024, from USD 131.0 billion in 2016 growing at a CAGR of 12.5% during the forecast period of 2017 to 2024”.

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By Product
• EHR,
• RIS,
• PACS,
• VNA,
• CPOE,
• MHealth,
• Telehealth,
• Healthcare Analytics,
• Supply Chain Management,
• Revenue Cycle Management,
• CRM,
• Claims Management,
• Fraud Management

By End User
o Providers
o Hospitals,
o ASC’s,
o Home Healthcare,
o Diagnostic Centers,
o Pharmacies
o Payers
o Private, Public

By Geography
• North America,
• Europe,
• Asia-Pacific,
• South America,
• Rest of the World

Recent Developments: Global Healthcare IT Market
There is a growing inclination across the globe towards the adoption of healthcare IT technologies due to the increasing need to deliver quality care to patients while curtailing escalating healthcare costs. These robust IT solutions are designed to streamline workflow in healthcare systems, reduce expenses, and facilitate compliance with stringent regulatory guidelines. They offer several benefits such as increased patient safety, better patient care, reduced healthcare costs, and high returns on investment (ROIs) through automated workflows.

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Segmentation: Global Healthcare IT Market Categories
The global healthcare IT market is broadly divided into three segments—healthcare provider solutions, payer solutions, and HCIT outsourcing services.

The healthcare provider solutions market is further segmented into clinical solutions and non-clinical solutions. The clinical solutions segment covers EHR/EMR, PACS and VNA, CPOE RIS, CDSS, specialty information management systems, healthcare IT integration systems, practice management systems, radiation dose management systems, radiology information systems, medical image processing and analysis systems, laboratory information systems, digital pathology solutions, telehealth solutions, and mHealth solutions. In 2015, electronic health records accounted for the majority share of 31.7% in the global clinical solutions market. Some commercially available and widely preferred EHRs across the globe are EpicCare Ambulatory electronic medical record (Epic Systems); The Cerner electronic medical record (Cerner Corporation); InteGreat EHR and Paragon Community Plus (McKesson Corporation); AthenaClinicals (Athena Health, Inc.); and MEDITECH EHR (MEDITECH, Inc.)
The non-clinical solutions segment includes pharmacy information systems, medication management systems, healthcare asset management, workforce management systems, revenue cycle management, financial management systems, medical document management systems, healthcare information exchange, population health management, supply chain management, healthcare analytics, and customer relationship management.
The healthcare IT market is segmented based on the end-users into payers and providers. Providers include hospitals, ambulatory surgical centers, diagnostic centers, home healthcare and others. While payers include private and public healthcare reimbursement and insurance agencies. Hospitals are expected to dominate the market for healthcare IT solutions market.
The payer solutions segment includes pharmacy analysis and audit, claims management, fraud management, computer-assisted coding, care management, medical document management systems, payment management solutions, provider network management, member eligibility management, and other payer HCIT solutions. In 2014, the claims management segment accounted for the largest share of 26.2% of the global healthcare IT payer solutions market.

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Company Share Analysis: Global Healthcare IT Market

Some of the Major Players in the Healthcare IT Market
• McKesson Corporation,
• Oracle Corporation,
• Allscripts Healthcare Solutions, Inc.,
• Nextgen Healthcare,
• Greenway Medical Technologies,
• Practice Fusion,
• Athenahealth, Inc.,
• Philips Healthcare, I
• nfor, Inc.,
• Epic Systems Corporation,
• GE Healthcare,
• Siemens Healthcare,
• Cerner Corporation,
• Agfa-Gevaert Group,
• EClinical Works LLC.,
• Carestream Health

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