PUBLISHER: Lucintel | PRODUCT CODE: 1448484
PUBLISHER: Lucintel | PRODUCT CODE: 1448484
Healthcare IT Market Trends and Forecast
The future of the global healthcare IT market looks promising with opportunities in the healthcare providers, hospitals, ambulatory care centers, home healthcare agencies, nursing homes, and assisted living facilities, diagnostic and imaging centers, pharmacies and healthcare payers.The global healthcare IT market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 16.0% from 2024 to 2030. The major drivers for this market are growing need to manage regulatory compliance through healthcare it solutions, rising need to curtail healthcare costs, government support for HCIT solutions, high return on investment for HCIT solutions, growing focus on improving the quality of care and clinical outcomes, rising usage of big data, emergence of accountable care organizations, and high prevalence of chronic diseases.
Emerging Trends in the Healthcare IT Market
Emerging trends which have a direct impact on the dynamics of the market include adoption of internet of medical things and increasing trend of healthcare data interoperability.
A total of 118 figures / charts and 95 tables are provided in this 207-page report to help in your business decisions. Sample figures with some insights are shown below.
Healthcare IT Market by Segments
In this market, healthcare providers are the largest end user market, whereas healthcare provider solutions is largest market by product and service type. Growth in various segments of the healthcare IT market is given below:
The study includes a trend and forecast for the healthcare IT market by product and service, component, end user, and region as follows:
List of Healthcare IT Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies healthcare IT companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the healthcare IT companies profiled in this report includes.
Healthcare IT Market Insights
Features of the Healthcare IT Market
FAQ
Q1. What is the healthcare IT market size?
Answer:The global healthcare IT market is expected to reach an estimated $1.2 billion by 2028 .
Q2. What is the growth forecast for healthcare IT market?
Answer:The healthcare IT market is expected to grow at a CAGR of 16% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the healthcare IT market?
Answer: The major drivers for this market are growing need to manage regulatory compliance through healthcare it solutions, rising need to curtail healthcare costs, government support for HCIT solutions, high return on investment for HCIT solutions, growing focus on improving the quality of care and clinical outcomes, rising usage of big data, emergence of accountable care organizations, and high prevalence of chronic diseases.
Q4. What are the major applications or end use industries for healthcare IT?
Answer:Healthcare providers and healthcare payers are the major end user for healthcare IT
Q5. What are the emerging trends in healthcare IT market?
Answer:Emerging trends which have a direct impact on the dynamics of the market include adoption of internet of medical things and increasing trend of healthcare data interoperability.
Q6. Who are the key healthcare IT companies?
Answer:Some of the key healthcare IT companies are as follows:
Q7.Which healthcare IT product segment will be the largest in future?
Answer: Lucintel forecasts that healthcare provider solutions will remain the largest segment; it is also expected to witness the highest growth over the forecast period due to a rise in adoption of electronic health records (EHR) and other hospital information systems by healthcare providers.
Q8: In healthcare IT market, which region is expected to be the largest in next 5 years?
Answer:North America is expected to remain the largest region mainly due to the presence of major manufacturing hubs and the rise in the number of hospitals, advanced research centers, and universities.
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.