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Global Health Information Technologies Market (2023-2028) Competitive Analysis, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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    Report

  • 199 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5753542
Description Jump to:
The Global The Health Information Technologies Market is estimated to be USD 344.06 Bn in 2023 and is expected to reach USD 689.63 Bn by 2028 growing at a CAGR of 14.92%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Health Information Technologies Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Health Information Technologies Market is segmented based on Product, Component, Deployment, End User, and Geography.
  • By Product, the market is classified into Healthcare Provider Solutions, Healthcare Payer Solutions, and HCIT Outsourcing Services.
  • By Component, the market is classified into Hardware, Services, and Software.
  • By Deployment, the market is classified into Cloud-Based and On-Premise.
  • By End User, the market is classified into Healthcare Payer and Healthcare Provider.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are AdvancedMD, Inc., Allscripts Healthcare Solutions, Inc., Athenahealth, Inc., Cerner Corp., Verint Systems Inc., VillageMD, Welltok, Inc., etc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Health Information Technologies Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Health Information Technologies Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Health Information Technologies Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Government Mandates and Support for Healthcare IT Solutions
4.1.2 Rising Use of Big Data & Cloud Services
4.1.3 High Returns on Investment for Healthcare IT Solutions
4.1.4 Need to Curtail Escalating Healthcare Costs
4.2 Restraints
4.2.1 High Cost of Deployment of HCIT solutions in Small and Medium-Sized Hospitals
4.2.2 IT Infrastructural Constraints in Developing Countries
4.3 Opportunities
4.3.1 Rising Use of Healthcare IT Solutions in Outpatient Care Facilities
4.3.2 Integration of AI & Machine Learning in Healthcare IT Solutions
4.4 Challenges
4.4.1 Data Integrity and Safety Issues
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of Covid-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Health Information Technologies Market, By Product
6.1 Introduction
6.2 Healthcare Provider Solutions
6.2.1 Clinical Solutions
6.2.1.1 EHR
6.2.1.2 Population Health Management Services
6.2.1.3 Specialty Information Management Systems
6.2.1.4 PACS & VNA
6.2.1.5 Mobile Health Applications
6.2.1.6 HCIT Integration Systems
6.2.1.7 Telehealth Solutions
6.2.1.8 Medical Image Analysis Systems
6.2.1.9 Laboratory Information Systems
6.2.1.10 Practice Management Systems
6.2.1.11 Clinical Decision Support Systems
6.2.1.12 Computerized Physician Order Entry Systems
6.2.1.13 Cardiovascular Information Systems
6.2.1.14 Patient Registry Software
6.2.1.15 Infection Surveillance Solutions
6.2.1.16 Radiation Dose Management Solutions
6.2.2 Non-Clinical Solutions
6.2.2.1 Healthcare Asset Management Solutions
6.2.2.2 Revenue Cycle Management Solutions
6.2.2.3 Healthcare Analytics
6.2.2.4 Customer Relationship Management Solutions
6.2.2.5 Pharmacy Information Systems
6.2.2.6 Healthcare Interoperability Solutions
6.2.2.7 Supply Chain Management Solutions
6.2.3 Medication Management Systems
6.2.3.1 Electronic Medication Administration Systems
6.2.3.2 Barcode Medication Management Systems
6.2.3.3 Medication Inventory Management Systems
6.2.3.4 Medication Assurance Systems
6.2.4 Workforce Management Solutions
6.2.5 Financial Management Systems
6.2.6 Healthcare Information Exchanges
6.2.7 Medical Document Management Solutions
6.3 Healthcare Payer Solutions
6.3.1 Claims Management Solutions
6.3.2 Population Health Management Solutions
6.3.3 Pharmacy Audit and Analysis Solutions
6.3.4 Payment Management Solutions
6.3.5 Customer Relationship Management Solutions
6.3.6 Member Eligibility Management Solutions
6.3.7 Fraud Analytics Solutions
6.3.8 Provider Network Management Solutions
6.4 HCIT Outsourcing Services
6.4.1 IT Infrastructure Management Solutions
6.4.2 Payer HCIT Outsourcing Services
6.4.2.1 Claims Management Services
6.4.2.2 Provider Network Management Services
6.4.2.3 Billing and Accounts Management Services
6.4.2.4 Fraud Analytics Services
6.4.3 Provider HCIT Outsourcing Services
6.4.3.1 Revenue Cycle Management Services
6.4.3.2 Medical Document Management Services
6.4.3.3 Laboratory Information Management Services
6.4.4 Operational HCIT Outsourcing Services
6.4.4.1 Supply Chain Management Services
6.4.4.2 Business Process Management Services
7 Global Health Information Technologies Market, By Component
7.1 Introduction
7.2 Hardware
7.3 Services
7.4 Software
8 Global Health Information Technologies Market, By Deployment
8.1 Introduction
8.2 Cloud-Based
8.3 On-Premise
9 Global Health Information Technologies Market, By End User
9.1 Introduction
9.2 Healthcare Payer
9.2.1 Private Players
9.2.2 Public Players
9.3 Healthcare Providers
9.3.1 Hospitals
9.3.2 Ambulatory Care Centers
9.3.3 Home Health Agencies & Assisted Living Facilities
9.3.4 Diagnostic & Imaging Centers
9.3.5 Pharmacies
10 America's Health Information Technologies Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe's Health Information Technologies Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa's Health Information Technologies Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC's Health Information Technologies Market
13.1 Introduction
13.2 Australia
13.3 Bangladesh
13.4 China
13.5 India
13.6 Indonesia
13.7 Japan
13.8 Malaysia
13.9 Philippines
13.10 Singapore
13.11 South Korea
13.12 Sri Lanka
13.13 Thailand
13.14 Taiwan
13.15 Rest of Asia-Pacific
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 AdvancedMD, Inc.
15.2 Allscripts Healthcare Solutions, Inc.
15.3 Athenahealth, Inc.
15.4 Cerner Corp.
15.5 CollectiveHealth, Inc.
15.6 eClinicalWorks
15.7 Enlitic, Inc.
15.8 Epic Systems Corp.
15.9 Flatiron Health
15.10 GE Healthcare
15.11 Greenway Health, LLC
15.12 iCarbonX
15.13 International Business Machines Corp.
15.14 McKesson Corp.
15.15 Microsoft Corp.
15.16 NextGen Healthcare, Inc.
15.17 Nvidia Corp.
15.18 PatientPop, Inc.
15.19 Philips N.V.
15.20 QuiO Technologies
15.21 Siemens Healthineers Ag
15.22 Tempus Labs, Inc.
15.23 Verge Genomics
15.24 Verint Systems Inc.
15.25 VillageMD
15.26 Welltok, Inc.
16 Appendix
16.1 Questionnaire

Companies Mentioned

  • AdvancedMD, Inc.
  • Allscripts Healthcare Solutions, Inc.
  • Athenahealth, Inc.
  • Cerner Corp.
  • CollectiveHealth, Inc.
  • eClinicalWorks
  • Enlitic, Inc.
  • Epic Systems Corp.
  • Flatiron Health
  • GE Healthcare
  • Greenway Health, LLC
  • iCarbonX
  • International Business Machines Corp.
  • McKesson Corp.
  • Microsoft Corp.
  • NextGen Healthcare, Inc.
  • Nvidia Corp.
  • PatientPop, Inc.
  • Philips N.V.
  • QuiO Technologies
  • Siemens Healthineers Ag
  • Tempus Labs, Inc.
  • Verge Genomics
  • Verint Systems Inc.
  • VillageMD
  • Welltok, Inc.

Table Information

Report AttributeDetails
No. of Pages199
PublishedFebruary 2024
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 344.06 Billion
Forecasted Market Value ( USD ) by 2028 $ 689.63 Billion
Compound Annual Growth Rate14.9%
Regions CoveredGlobal
No. of Companies Mentioned26

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