Healthcare IT Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

Growing need to streamline day-to-day operations for curtailing overhead expenses and deliver quality care to patients are the major factors driving adoption of technologies across the healthcare domain. The use of sophisticated technologies has enabled medical community to not only adopt an efficient patient-centric approach, but also limit adverse impacts associated with the limited nursing staff and service expenses. In addition, proliferation of mobile devices and introduction of mHealth applications is collectively favoring market adoption. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 13.1% during the forecast period 2021 - 2029. However, complexity associated with the installation and use coupled with privacy issues is expected to pose moderate challenge to the market growth during the forecast period.

Report Scope

This report analyzes the global healthcare IT market in terms of application, component, end-user, and geography. On the basis of applications, the global healthcare IT market is segmented into electronic health record, computerized provider order entry system, electronic prescribing system, clinical information system, telemedicine and Tele-health, and others (PACS, lab information systems, etc.). Based on component, the market is classified into two major segments, namely hardware and software. Similarly, on the basis of end-use, the market for healthcare IT is segmented into providers and payers. The geographical distribution of the global healthcare IT market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Healthcare IT Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 - 2029” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global healthcare IT market.

Target Audience

• Industry Investors
• Connected Medical Device Manufacturers
• Medical Device Manufacturers
• Enterprise Platform Providers
• Mobile Health Application Developers
• Healthcare IT Solution Providers
• End-users

USP and Key Offerings

The report titled “Global Healthcare IT Market- Growth, Share, Opportunities, and Competitive Analysis, 2021 - 2029” offers strategic insights into the global healthcare IT market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of multiple market segments based on end-use, application, component, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading healthcare IT solution providers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:

• An overview of the global healthcare IT market
• Current and future market trends to justify the forthcoming attractive sub-markets within the healthcare IT market
• Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition.
• Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
• A general overview of the industry structure
• Company profiles highlighting key information about the major players operating in the global healthcare IT market
• Market competition scrutiny tools such as market share analysis, fractal map, etc.
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global healthcare IT market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above-mentioned factors.


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