Healthcare IT Outsourcing Market Analysis & Forecast to 2023-2033: Market by Product, by Service. by End-User, and by Region

The global healthcare IT outsourcing market size was estimated to be USD 4.2 billion in 2023 and is expected to reach at USD 15.5 billion by 2033 with a CAGR of 12.6% during the forecast period 2023-2033. Increased demand for patient-centric care, favorable government regulations, and rising pressure to reduce healthcare costs will drive market growth.

Healthcare organisations are looking to IT to assist them give the more individualised and practical treatment that patients are wanting. Better IT infrastructure and the implementation of new technology inside healthcare organisations can result in improved patient care. For instance, Cognizant announced the expansion of its strategic relationship with Claritas Genomics in September 2021. The goal is to improve genomic testing and data processing skills to enable precision medicine in paediatrics.

By product, interface engine was the highest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to its critical role in facilitating data exchange and interoperability among disparate healthcare systems and applications. For instance, Accenture announced in June 2022 that it had acquired Gevity, a global healthcare consultancy specialising in digital health and consulting services, to increase its capabilities in IT services and healthcare transformation. Medical device integration will be the fastest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to the rising adoption of interconnected medical devices and the need for seamless integration with healthcare IT systems.

By services, maintenance was the highest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to the increasing complexity of healthcare IT systems and the need for ongoing support and maintenance services. For instance, IBM announced a partnership with Salesforce and Adobe in February 2022 to create a cloud-based solution for healthcare and life sciences organisations with the goal of enhancing patient interaction, data interoperability, and the provision of individualised treatment. Integration will be the fastest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to the growing demand for seamless interoperability and data exchange among various healthcare systems and applications.

By end-user, hospital was the highest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to the increasing adoption of digital healthcare solutions and the need for efficient management of IT systems and operations in hospitals. For instance, TCS and a top pharmaceutical company collaborated in January 2023 to create a blockchain-based clinical supply chain solution with the goal of enhancing efficiency, traceability, and transparency in clinical trials. Home healthcare will be the fastest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to the growing demand for remote patient monitoring, telehealth, and digital healthcare solutions in the home healthcare sector.

Global Healthcare IT Outsourcing Market, By Region (USD Billion)

North America was the highest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to the well-established healthcare infrastructure, advanced technology adoption, and strong demand for healthcare IT solutions and services in the region. For instance, TCS introduced the TCS Connected Clinical Trials Platform in August 2022. This end-to-end cloud platform unifies patient interaction, data management, and clinical trial operations to speed up the discovery of new drugs. Asia Pacific will be the fastest revenue-grossing segment in the global healthcare IT outsourcing market in 2022 owing to the rapid expansion of healthcare infrastructure, increasing digitalization efforts, and a growing demand for cost-effective healthcare IT solutions and services in the region.

Global Medical Device Integration Market (USD Billion), 2023 & 2033

This comprehensive research report focuses on the global and regional market size and forecasts from 2022 to 2033.

Report Scope:

• Base Year: 2022
• Forecast Period: 2023-2033
• Study Coverage
• Market Forecast by Product, Services, End-user
• Market Forecast for 5 Regions and 17+ Countries
• North America (U.S. and Canada)
• Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
• Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
• Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
• MEA (South Africa, GCC, Rest of MEA)
• Exhaustive Company Profiles of Top 10+ Major Market Players
• 20% Free Customization Available to Meet Your Exact Requirement

Segmentation: Healthcare IT Outsourcing Market Report 2022-2033

Healthcare IT Outsourcing Market Analysis & Forecast by Product 2022-2033 (Revenue USD Bn)

• Interface Engine
• Medical Device Integration
• Media Integration

Healthcare IT Outsourcing Market Analysis & Forecast by Services 2022-2033 (Revenue USD Bn)

• Integration
• Maintenance
• Training
• Consulting

Healthcare IT Outsourcing Market Analysis & Forecast by End-user 2022-2033 (Revenue USD Bn)

• Hospital
• Laboratories
• Home Healthcare
• Clinic

Healthcare IT Outsourcing Market Analysis & Forecast by Region 2022-2033 (Revenue USD Bn)

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of APAC

Latin American

• Brazil
• Mexico
• Argentina
• Rest of LATAM

Middle East & Africa

• South Africa
• GCC
• Rest of MEA