Global Healthcare IT Market Expected to Grow with a CAGR of 1.8% During the Forecast Period, 2019-2027 -

DUBLIN--()--The "Healthcare IT Market by Product (EMR, mHealth, PHM, RIS, PACS, RCM, Healthcare Analytics, Telehealth, SCM, HIE), Component (Software, Service), Delivery Mode (Web, Cloud) and End User (Hospital, Payer, Pharmacy, Ambulatory, Homecare) - Global Forecast to 2027" report has been added to's offering.

The global healthcare IT market is expected to grow at a CAGR of 13.8% from 2019 to 2027 to reach $511.06 billion by 2027.

The factors such as rising awareness of the value of digital health, shift towards value-based care, rising use of big data in healthcare management, government mandates and financial incentives for the adoption of HCIT solutions, rising awareness about the high returns of IT investments in the healthcare industry, and growing incidence of chronic diseases are supporting the overall growth of the global healthcare IT market. However, high installation & maintenance cost and lack of required IT infrastructure in the developing countries are restraining the market growth to a certain extent.

On the basis of product type, healthcare provider solutions segment commanded the largest share of the overall healthcare IT market in 2019 and expected to continue its dominance during the forecast period. This is mainly due to increasing demand for integrated healthcare solutions, increasing number of government initiatives & regulatory mandates on implementing eHealth solutions, rising investments in development of healthcare infrastructure, and rising awareness about electronic health records (EHRs).

Key Topics Covered:

1 Introduction

1.1. Market Definition

1.2. Market Ecosystem

1.2.1. Healthcare IT Solutions Market

1.2.2. Healthcare IT Solutions Market, by Product

1.3. Currency

1.4. Key Stakeholders

2 Research Methodology

2.1. Research Process

2.2. Data Collection & Validation

2.2.1. Secondary Research

2.2.2. Primary Research

2.2.3. Market Size Estimation Bottom-Up Approach Top-Down Approach Growth forecast

2.3. Assumptions for The Study

2.4. Limitations for The Study

3 Executive Summary

4 Market Insights

4.1. Introduction

4.2. Drivers

4.2.1. Increasing Awareness about Digital Health

4.2.2. Government Mandates and Financial Incentives U.S. Europe Asia-Pacific Latin America Middle East & Africa

4.2.3. Shift Towards Value-Based Care

4.2.4. Rising Use of Big Data

4.2.5. High Returns on IT Investments In Healthcare Industry

4.2.6. Increasing Number of Patient Visits

4.3. Restraints

4.3.1. High Installation and Maintenance Cost

4.3.2. IT Infrastructural Constraints In Developing Countries

4.4. Opportunities

4.4.1. Growing Focus on Cloud-Based Solutions

4.4.2. Rising Adoption of AI & IoT in Healthcare

4.4.3. Emerging Economies

4.5. Challenges

4.5.1. Interoperability Issues

4.5.2. Data Security and Privacy Issues

5 Global Healthcare IT Market, by Product

5.1. Introduction

5.2. Healthcare IT Provider Solutions

5.2.1. Clinical Healthcare IT Solutions

5.2.2. Non-Clinical Provider Healthcare IT Solutions

5.3. Healthcare Payer Solutions

5.3.1. Claims Management Solutions

5.3.2. Customer Relationship Management

5.3.3. Fraud Analytics Solutions

5.3.4. Provider Network Management

5.3.5. Pharmacy Audit & Analysis Solutions

5.3.6. Member Eligibility Management Solutions

5.3.7. Population Health Management Solutions

5.3.8. Payment Management Solutions

5.4. HCIT Outsourcing Services

5.4.1. Provider HCIT Outsourcing Services

5.4.2. Payer HCIT Outsourcing Services

5.4.3. Operational HCIT Outsourcing Services

5.4.4. IT Infrastructure Management Services

6 Healthcare IT Market, by Delivery Mode

6.1. Introduction

6.2. Web & Cloud-Based

6.3. On-Premise

7 Healthcare IT Market, by Component

7.1. Introduction

7.2. Services

7.3. Software

7.4. Hardware

8 Healthcare IT Market, by End User

8.1. Introduction

8.2. Healthcare Providers

8.2.1. Hospitals

8.2.2. Ambulatory Centers

8.2.3. Home Healthcare & Assisted Living Centers

8.2.4. Diagnostic Centers

8.2.5. Pharmacies

8.3. Healthcare Payers

8.3.1. Private Payers

8.3.2. Public Payers

9 Healthcare IT Market, by Geography

9.1. Introduction

9.2. North America

9.3. Europe

9.4. Asia-Pacific

9.5. Latin America

9.6. Middle East and Africa

10 Competitive Landscape

10.1. Introduction

10.2. Competitive Benchmarking

11 Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)

11.1. Cerner Corporation

11.2. McKesson Corporation

11.3. International Business Machine Corporation (IBM)

11.4. GE Healthcare

11.5. Allscripts Healthcare Solutions, Inc.

11.6. Koninklijke Philips N.V.

11.7. Infor, Inc.

11.8. Cognizant Technology Solutions Corporation

11.9. Oracle Corporation

11.10. athenahealth, Inc. (A Subsidiary of Veritas Capital)

11.11. Dell Technologies, Inc.

11.12. Unitedhealth Group (Optum, Inc.)

11.13. Nuance Communications, Inc.

11.14. 3M Company

11.15. Conifer Health Solutions, LLC.

11.16. NextGen Healthcare, Inc.

11.17. Computer Programs and Systems, Inc. (CPSI)

11.18. eClinicalWorks

For more information about this report visit

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900