PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1798106
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1798106
Global Healthcare IT Outlook and Growth Opportunities, 2025
Technology Advances in Non-clinical Workflows will Drive Efficiency, Reduce Cost, and Build Trust in Newer AI Models
The global healthcare IT industry is on track for continuous growth, driven primarily by large-scale technology advancements, organizational readiness, and streamlined adoption. Technological advances and investment in financial, operational, and administrative workflows are expected to reduce the non-medical cost of care and improve the efficiency of the healthcare system. Investments in these workflows require minimal regulatory oversight, while generating visible and quantifiable returns on investment in the near term. These developments create opportunities globally to reassess partnerships, automate workflows, and build virtual centers for care delivery and monitoring.
This report provides a global outlook for the healthcare IT industry through the lens of provider IT, payer IT, and patient IT segments, along with a 5-year revenue forecast. The geographic scope covers 5 regions, namely, North America, Europe, Asia-Pacific, the Middle East and Africa (MEA), and Latin America and Caribbean (LAC), with the analysis emphasizing regional readiness, trends, and companies to action. The report examines the factors driving and restraining this market and identifies the opportunities for growth emerging from the changes in this space. The base year is 2024, and the forecast period is from 2025 to 2029.
Table of Contents
Analysis Highlights
- The 2024 Healthcare IT Market: Forecast vs. Actual
- Healthcare IT Predictions for 2025
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the Healthcare IT Industry
- Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Environment
- Segmentation
- Segmentation and Market Challenges
- Definitions
- Consumer Journey Mapped with Healthcare Stakeholders' Workflows
- Healthcare Delivery Sites
- Growth Environment
Macroeconomic Factors
- Global Economy Beat Expectations in 2024, Growing at 3.2%
- Trump 2.0 to Drive Growth Slowdown and Inflationary Pressures
- Global Growth Slowdown to 2.8%, Avoiding a Recession in 2025; Weaker China to Weigh on Asia-Pacific Growth
- Global Growth will Stabilize at 3.1% Driven by Extended Tariff-delay Offers and Government Policy Diplomacy, Leading to Uptick in Key Markets
- Global Macroeconomic Shifts and Resilience Strategies: Tech Integration, R&D, and Agile Production Ecosystems will Ensure Short-term Resilience
Impact of US Tariffs
- US Tariffs-2025 Analysis
- Top Macroeconomic Factors Impacting Healthcare IT
Key Trends to Watch, 2025
- Key Trends in Healthcare IT
- Value-chain Partnerships to Enhance Care Operations by Delivering Point-of-use Insights and Optimizing the Breadth of Services
- Rebound in M&A Activity to Drive Industry Consolidation
- Enhanced Ways of Working and Workforce Engagement Using New Tools
- Digital-first Network for Convenient and Affordable Care
- Rise of the Middle East as a Digital Health Hub
Revenue Trends, 2024-2029
- Forecast Considerations
- Revenue Forecast
- Revenue Forecast by Segment
- Vendor Ecosystem
- Revenue Forecast by Region
Top 5 Predictions, 2025
- Prediction 1: Agentic AI will Reduce the Non-medical Cost of Care by Automating Operational and Administrative Workflows
- Prediction 2: Virtual Command Centers will Become Necessary to Support Out-of-hospital Care Delivery Networks
- Prediction 3: Digital Twins will Lead to Smarter Hospitals with Streamlined Patient Journeys and Reduced Wastage
- Prediction 4: A Unified Cybersecurity Platform will Become an Essential Part of Healthcare Cybersecurity Strategies by 2026
- Prediction 5: Smart Hospitals will Need to be Environmentally Smarter
Provider IT Market, 2025
- Provider IT-2025 Market Snapshot
Payer IT Market, 2025
- Payer IT-2025 Market Snapshot
Patient IT Market, 2025
- Patient IT-2025 Market Snapshot
Regional Predictions, 2025-2029
- 2025 Predictions: Regional
- 2025 Predictions: Regional Heat Map for Healthcare IT Adoption
- Healthcare IT Readiness Ranking and Mapping-North America
- Companies to Action-North America
- Impact of Trump Administration 2.0-North America
- Healthcare IT Readiness Ranking and Mapping-Latin America & Caribbean
- Companies to Action-Latin America
- Healthcare IT Readiness Ranking and Mapping-Europe
- Companies to Action-Europe
- Healthcare IT Readiness Ranking and Mapping-Asia-Pacific
- Companies to Action-Asia-Pacific
- Healthcare IT Readiness Ranking and Mapping-Middle East and Africa
- Companies to Action-Middle East and Africa
Growth Opportunity Universe
- Growth Opportunity 1: Mental and Behavioral Health
- Growth Opportunity 2: GenAI-powered Operational and Financial Workflows
- Growth Opportunity 3: Increased Investment in RPM to Support Decentralized Care
- Growth Opportunity 4: Increased Use of Managed Cloud Services
- Growth Opportunity 5: Expansion of Acute Virtual Health
- Growth Opportunity 6: Agentic AI in UCaaS for Streamlined Contact Center Operations
- Growth Opportunity 7: Agentic AI in Clinical Workflows
- Growth Opportunity 8: Expanded No-code/Low-code Platforms Solutions
- Growth Opportunity 9: Healthcare Cybersecurity Command Centers: Zero-trust Security Model/Zero Incidence
Conclusions
- Conclusions and Future Outlook
Appendix & Next Steps
- Benefits and Impacts of Growth Opportunities
- Next Steps
- List of Exhibits
- Legal Disclaimer
