The Global Healthcare IT Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Healthcare IT market and its key elements. The report is curated to give readers and businesses a competitive advantage over other industry players. It was developed through extensive primary and secondary research. The study provides in-depth analysis of the Healthcare IT market, including growth drivers, business opportunities, areas with promising growth, and forecast estimates through 2027. In order to provide precise projections of the Healthcare IT market in the upcoming years, the report analyses historical data and the present situation. The study also offers a thorough analysis of the elements that could either support or hinder market expansion in the upcoming years. The report provides a thorough estimation of the overall impact of the pandemic on the Healthcare IT market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Healthcare IT market.
The global healthcare IT market size reached USD 201.23 Billion in 2020 and is expected to be valued at USD 549.95 Billion in 2027 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. This steady growth can be attributed to increasing government initiatives to implement Healthcare Information Technology (HCIT) solutions in the healthcare sector in developing countries and preference for digital payments in the healthcare industry. Adoption of paperless technology and solutions in the healthcare industry has been increasing rapidly in the past few years and this is expected to further boost growth of the global healthcare IT market growth during the forecast period.
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Some players analyzed in the report are:
Cerner Corporation, Oracle Corporation, Epic System Corporation, SAP SE, NextGen Healthcare Inc., Cognizant Technology Solutions, Wipro Limited, Tata Consultancy Services Limited, Dell Technologies Inc., and Allscripts Healthcare Solutions, Inc
The report further divides the Healthcare IT market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Healthcare IT market.
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Healthcare IT market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
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This report is the latest document encompassing the massive changes that took place in the Healthcare IT market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Healthcare IT market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
Component Outlook (Revenue, USD Billion; 2017–2027)
- Hardware
- Software
- Service
Delivery Outlook (Revenue, USD Billion; 2017–2027)
- Cloud-based
- On-premises
Application Outlook (Revenue, USD Billion; 2017–2027)
- Electronic Prescribing System
- Laboratory Information System
- Tele-health
- Computerized Provider Order Entry System
- Electronic Health Records
- Picture Archiving and Communication System
- Healthcare Analytics
- Radiology information system
- mHealth
- Fraud management
- Vendor-neutral archive
- Revenue cycle management
- Customer relationship management
- Others
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Healthcare IT market?
What are the key product types and applications of the Healthcare IT industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Healthcare IT market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Healthcare IT Market by 2027?
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