Although, the global healthcare IT market is highly fragmented in nature; some of the key players in this market include
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The global healthcare IT market is expected to grow at a CAGR of 15.9% during the forecast period of 2016 to 2021. The majority of the demand for healthcare IT solutions is driven by the growing need to reduce healthcare costs while adhering to the regulatory requirements set by government organizations for ensuring safety, security, and confidentiality of patient information.
The growing adoption of health information exchanges (HIEs) and EHR systems and improved quality of care and clinical outcomes are some of the other factors driving market growth. In addition to the growing demand for information technology solutions from healthcare providers, the growing need for healthcare insurance providers to efficiently manage a comprehensive record of claims and reimbursements is also expected to contribute to the growth of the global healthcare IT market during the forecast years.
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This report provides detailed market analysis of various healthcare IT solutions available in the market comprising healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. In 2015, the healthcare provider solutions segment accounted for the largest share of the global healthcare IT market. Growth in this segment is attributed to the increasing demand for improved patient safety and patient care, stringent regulations regarding healthcare provider solutions, and need for integrated healthcare systems.
In this report, the healthcare provider solutions segment is further categorized into clinical solutions and non-clinical solutions. EHR, PACS & VNA, mHealth applications, CPOE solutions, ePrescribing solutions, and population health management are some of the key clinical healthcare IT solutions covered in this report. Whereas, pharmacy information systems, supply chain management, revenue cycle management, and healthcare analytics are some of the key non-clinical healthcare IT solutions covered in this report.
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On the basis of end user, the healthcare IT market is broadly segmented as healthcare providers and healthcare payers. The healthcare providers segment is further divided into hospitals; ambulatory care centers; home healthcare agencies, nursing homes, and assisted living facilities; diagnostic and imaging centers; and pharmacies. On the other hand, the healthcare payers segment is further divided into private payers and public payers.
Hospitals form the largest end-user segment of the global healthcare IT market, owing to the huge demand for various HCIT solutions among hospitals in order to manage the increasing load of patient information generated in hospitals and growing need to improve the quality of healthcare while improving operational efficiencies within the organizations.
The report also provides the detailed geographic analysis of healthcare IT markets covering major countries in
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