Healthcare IT Market By Modality, By Device Architecture, By Application and Forecast 2029


Posted December 21, 2022 by mahesh07

Healthcare IT Market size was valued at USD 420.8 Bn. in 2021 and the total Healthcare IT revenue is expected to grow at a CAGR of 22.8% from 2022 to 2029, reaching nearly USD 2176.02 Bn.

 
Healthcare IT Market Scope:
We examined the Healthcare IT Market from every angle conceivable, including both primary and secondary research approaches. This improved our grasp of current market dynamics, such as supply-demand imbalances, pricing trends, product preferences, and customer behaviours. Following that, the data is collated and evaluated using a variety of market estimation and data validation procedures. In addition, we have an in-house data forecasting engine that predicts market growth until 2029.

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Following the completion of market engineering, which comprised market statistics, market size estimations, market forecasts, market breakdown, and data triangulation, significant primary research was done to acquire information to verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.

Healthcare IT Market Segmentation:

By Component, the Service segment dominated the Healthcare IT market with the largest share in 2021 and is expected to maintain its dominance at the end of the forecast period. The COVID-19 pandemic is a once-in-a-generation global public health disaster that benefited healthcare information technology services. As a result of the pandemic, there is a greater need for telemedicine and mHealth technologies to become a reality in the healthcare profession, as proper patient data, connected patient records, interoperability, and cybersecurity were among the key issues throughout the outbreak.

Healthcare IT Market Key Players:

• Optum
• Cerner Corporation
• Cognizant
• Change Healthcare
• Koninklijke Philips N.V.
• EPIC Systems Corporation
• Dell Technologies
• Allscripts
• athenahealth
• GE Healthcare
• Oracle Corporation
• Wipro
• IBM
• eClinicaWorks
• Infor Systems
• Conduent
• Conifer
• Nuance Communications
• 3M

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Regional Analysis:

The study covers both qualitative and quantitative data and offers a comprehensive look into the Healthcare IT industrial sector by area. It gives an overview and forecast of the worldwide Healthcare IT market by segment. It also forecasts and predicts market sizes for five important regions between 2021 and 2029: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Each area's Healthcare IT market is further subdivided into regions and sectors. The research examines and forecasts a wide range of countries, as well as existing industry trends and prospects.

COVID-19 Impact Analysis on Healthcare IT Market:

We investigated and analyzed the Healthcare IT Business Expansion Strategy post-COVID-19, using organisational strategic analysis, landscape, category, utilization, and leading countries to encapsulate and analyze the Healthcare IT industry's potential, providing statistical data on market trends, growth regulators, major challenges, PORTER analysis, and market entry strategy analysis, prospects, and forecasts. The fundamental purpose of the research is to offer industrial firms a strategic analysis of the impact of COVID-19. Simultaneously, this study assessed significant countries' markets and highlighted their market potential in post-pandemic scenarios.

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Tags healthcare it , healthcare , healthcare it market
Last Updated December 21, 2022