A Decadal Projection of the Healthcare IT Market - $250 Billion to $880 Billion By Allied Market Research

Healthcare IT market size was valued at $250,577.15 million in 2020, and is projected to reach $880,688.75 million by 2030 | CAGR of 13.3% from 2021 to 2030.

WILMINGTON, DELAWARE, UNITED STATES, July 12, 2024 /EINPresswire.com/ -- Healthcare IT or healthcare information technology is a branch of IT which includes developing, designing, creating, and maintaining of information systems in hospitals clinics and other healthcare industries. For improving and transforming healthcare, healthcare IT market offers numerous advantages and opportunities such as improving clinical outcomes, reducing human errors, improving practice efficiencies, facilitating care coordination, and tracking data over time. The global healthcare IT market growth is largely driven by factors such as surge in demand for telehealth and Health solutions from the large number of smartphone users, adoption of cloud technology related HCIT services, implementation of various healthcare reforms such as patient protection and affordable care act (PPACA), and rapid increase in aging population and subsequent rise in the number of chronic diseases.

Every day electronic health record data is increasing rapidly, and therefore, it is difficult to store the bulk data on the local storage devices, as there is chance of losing essential data. Moreover, it is difficult to share the bulk amount of data via offline mode. Hence, adoption of cloud technology in the healthcare industry becomes necessary because it allows easy sharing and storage of big data.

📚 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/472

𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐑𝐞𝐯𝐢𝐞𝐰
By product type, the global healthcare IT market is categorized into healthcare provider solutions, healthcare payer solutions and HCIT outsourcing services. Healthcare provider solutions segment is categorized into clinical and non-clinical. healthcare payer solutions segment is categorized into pharmacy analysis and audit solution, claims management solution, fraud management solution, computer-assisted coding systems, payment management, provider network management solution, member eligibility management solution, customer relationship management solution, medical document management solution and others and HCIT outsourcing services segment is categorized into provider HCIT outsourcing services market, payer HCIT outsourcing services, operational HCIT outsourcing services, and IT infrastructure management services.

𝐃𝐨 𝐘𝐨𝐮 𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲 𝐎𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭? 𝐀𝐬𝐤 𝐭𝐨 𝐎𝐮𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐄𝐱𝐩𝐞𝐫𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/472

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
ORACLE CORPORATION
CERNER CORPORATION
ALLSCRIPTS HEALTHCARE SOLUTIONS INC.
GENERAL ELECTRIC COMPANY
MCKESSON CORPORATION
EPIC SYSTEM CORPORATION
INFOR INC.
ATHENAHEALTH INC.
UNITEDHEALTH GROWP
KONINKLIJKE PHILIPS N.V.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬
This report provides a detailed quantitative analysis of the current global healthcare IT market trends and forecast estimations from 2020 to 2030, which assists to identify the prevailing market opportunities.
An in-depth healthcare IT market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
A comprehensive analysis of factors that drive and restrain the growth of the global is provided.
The projections in this report are made by analyzing the current trends and future market potential from 2021 to 2030, in terms of value.
An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
Key market players within the global healthcare IT market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the global healthcare IT market.

𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐑𝐞𝐯𝐢𝐞𝐰
This section provides various opinions of the top-level CXOs in the healthcare IT market. In accordance with several interviews conducted, the utilization of ultrasound devices is likely to witness a significant rise with increase in chronic diseases and surge in Health services and software. The healthcare IT market has piqued the interest of healthcare IT companies because of its rise in demand. The recently enforced “Affordable care act” by the U.S. government, is significantly driving the market growth.

According to a CXO, with the large number of smartphones, tablet & laptop users across the globe, the Health solutions & telehealth solutions are expected to grow rapidly in the near future. The growth in these solutions is mainly because they offer a very cost effective, convenient, and enhanced healthcare service.

Rapid growth was observed in the adoption of healthcare IT solutions such as EMR and other hospital information systems to provide improved healthcare services in emerging nations, and this is expected to offset the challenging conditions in mature markets such as North America and Europe. As per CXOs, although North America and Asia-Pacific are expected to dominate the global healthcare IT market during the forecast period, emerging countries in Latin America are expected to offer significant growth opportunities in the near future.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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