Quick Summary:
In a progressively digital world, there's an escalating demand for technology integration in healthcare systems to enhance strategies, operations and to ultimately render superior patient care. The Global Technology Spending on Core Administration in Healthcare Market Report provides you with the critical insights and trends you need to stay competitive in an industry estimated at US$34.8 Billion currently and projected to reach US$48.7 Billion by 2030.
The comprehensive report delivers in-depth analysis of the prevailing and forthcoming market scenarios. It provides a detailed evaluation of segments like in-house operations, which is projected to reach US$22 Billion by the end of analysis period, and the outsource segment. Furthermore, it incorporates geographical analysis, covering prominent markets like the U.S., China, Japan, Canada, and the European region including Germany. With vital data from 46 leading competitors, this report is an indispensable tool for business leaders, strategists, and decision-makers who prioritize data-driven decisions.
Global Technology Spending on Core Administration in Healthcare Market to Reach $48.7 Billion by 2030
The global market for Technology Spending on Core Administration in Healthcare estimated at US$34.8 Billion in the year 2022, is projected to reach a revised size of US$48.7 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. In-house, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$22 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Outsource segment is readjusted to a revised 4.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $10.4 Billion, While China is Forecast to Grow at 4% CAGR
The Technology Spending on Core Administration in Healthcare market in the U.S. is estimated at US$10.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.5 Billion by the year 2030 trailing a CAGR of 4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 46 Featured) -
- DST Systems, Inc.
- Health Solutions Plus
- HealthAxis Group, LLC
- HealthEdge Software, Inc.
- PLEXIS Healthcare Systems, Inc.
- Trizetto Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Technology Spending on Core Administration in Healthcare?
What is the growth rate of the Global Market for Technology Spending on Core Administration in Healthcare?
What is the forecasted size of the Global Market for Technology Spending on Core Administration in Healthcare?
Who are the key companies in the Global Market for Technology Spending on Core Administration in Healthcare?
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 34.8 Billion |
| Forecasted Market Value ( USD | $ 48.7 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- DST Systems, Inc.
- Health Solutions Plus
- HealthAxis Group, LLC
- HealthEdge Software, Inc.
- PLEXIS Healthcare Systems, Inc.
- Trizetto Corporation
