PUBLISHER: Orion Market Research | PRODUCT CODE: 1858897
PUBLISHER: Orion Market Research | PRODUCT CODE: 1858897
Healthcare IT Solution Market Size, Share & Trends Analysis Report by Solution (Clinical Solutions (Electronic Health Records (EHR), Population Health Management Solutions, Mobile Health Applications, Telehealth Solutions, Laboratory Information System, Computerized Physician Order Entry (CPOE) Systems, and Others), and Non-Clinical Solutions (Revenue Cycle Management, Customer Relationship Management Solutions, Healthcare Interoperability Solutions, Supply Chain Management Solutions, and Others)), and by End-User (Healthcare Providers (Hospitals & ASCs, Diagnostic Imaging Centers, Pharmacies, and Others), and Healthcare Payers (Private Payers, and Public Payers) Forecast Period (2025-2035)
Industry Overview
Healthcare IT solution market was valued at $380 billion in 2024 and is projected to reach $1,791 billion by 2035, growing at a CAGR of 15.1% during the forecast period (2025- 2035). The global healthcare IT solutions market is growing rapidly, led by companies such as Cerner and Epic Systems that are helping hospitals and clinics to shift toward digital platforms such as EHR, telemedicine, and cloud analytics. Central to this transformation are advanced tools, including real-time AI for clinical decision support, device-to-record connectivity, and advanced data-sharing systems designed to improve care quality and operational efficiency. Increasingly, healthcare organizations are seeking secure cloud infrastructure and seamless integration to support remote monitoring, mobile health apps, and patient engagement solutions, aligning with the rising wave of digital health demand. The strongest growth opportunities lie in telehealth, which is experiencing unprecedented adoption, as well as in high-adoption regions such as North America and Asia-Pacific. Overall, the market is moving steadily toward a more connected, personalized, and data-driven healthcare ecosystem that empowers providers to deliver improved outcomes to an increasingly tech-savvy population.
Market Dynamics
Growth in Healthcare IT Solutions Supported by Cloud Technology
Adoption of cloud technology is rising rapidly in the global healthcare IT solution market, as it allows hospitals and clinics to access patient data from anywhere, manage larger volumes of information securely, and work together more easily. Governments are fueling this shift by launching digital health initiatives, such as expanding electronic health records, developing digital health ID systems, and funding broadband for remote health centers, all of which rely on cloud infrastructure for data storage and sharing.
Market Segmentation
Electronic Health Records Segment to Lead the Healthcare IT Solution Market with the Largest Share
The demand for EHRs is growing rapidly as hospitals and clinics improve patient care, provide doctors and nurses with real-time access to data, and connect with mobile health tools and AI applications. Major companies such as Epic Systems and Oracle Health (formerly Cerner) are leading this growth by focusing on innovation and strong partnerships. In 2024, Epic achieved its highest net gain ever, adding 176 new facilities and nearly 30,000 beds, reinforcing its position as the top provider with more than 37% of the hospital EHR market by 2025. Epic's strong reputation comes from its ability to respond quickly to customer feedback and deliver continuous enhancements, making it the preferred choice for large health systems. These platforms are becoming increasingly smarter, with features such as seamless data exchange, specialty-specific modules, and integrated telehealth support. Healthcare providers are now prioritizing systems that not only fulfill clinical requirements but also adapt to regulatory changes, evolving technology, and patient expectations, making EHRs one of the most in-demand healthcare IT solutions today.
Telehealth Solutions: A Key Segment in Market Growth
Telehealth solutions are rising and rapidly growing as they make the healthcare sector much more convenient, cost-effective, and accessible, especially for people in remote or underserved areas. Patients and doctors can connect instantly through video calls, mobile apps, and secure messaging without the need to visit hospitals in person. This is especially important for the rising number of elderly patients and those with chronic illnesses who need ongoing checkups and remote monitoring. Many healthcare IT solution companies are driving this trend with innovations in cloud platforms, artificial intelligence, and wearables.
The global healthcare IT solution market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific is the Fastest-Growing Region
Asia-Pacific is the fastest-growing region; this rapid growth is driven by increasing government funding for digital health, a rise in the middle class that demands quality care, and widespread use of smartphones that makes mobile health and wearable tech popular. Key investments from countries such as China, India, Japan, and South Korea are fueling new telemedicine networks, AI projects in medical imaging, and large-scale EHR rollouts. Several companies, such as Wipro Ltd., Siemens Healthineers, and Philips, are collaborating with local hospitals to launch digital health platforms and AI diagnostic tools. Additionally, China is investing heavily in AI startups to address specialist shortages, with these solutions now reaching even smaller county hospitals. The push for better infrastructure, continued innovation, and supportive national policies such as India's Ayushman Bharat Digital Mission, make Asia-Pacific the center for healthcare IT solution growth globally.
The major companies operating in the global healthcare IT solution market include athenahealth, Inc., Epic Systems Corp., GE HealthCare Technologies Inc., McKesson Corp., and Oracle Corp., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments