Key Findings
Information technology is used to design, develop and maintain the information in healthcare industry. Information technology offers solutions for data management and security of healthcare information. Factors such as growing medical tourism, rise in aging population, rising prevalence of chronic diseases and growing demand for advance medications are driving the market of Healthcare IT. The Global Healthcare IT Market is expected to grow at the CAGR of 14.12% during 2015-2022 and it estimated to be US$ 280.54 billion by 2022. The Global Healthcare IT Market is majorly driven by factors like financial support from governments and reduction in medical errors help the healthcare information technology market to grow. In addition to that cloud computing and interoperable systems for identification and detection of infectious diseases and tracking incidence and prevalence rates of chronic diseases are increasingly driving growth.
Market Segment Insights
The application market for Healthcare IT Market is segmented as follows: by product, by end users and by geography.
On the basis of products, the market is divided into healthcare provider solutions, healthcare payer solutions, and Healthcare IT outsourcing services.
On the basis of end users, the healthcare IT market is categorized into healthcare payer and healthcare provider. The healthcare providers segment is further categorized into hospitals; ambulatory care centers; home healthcare agencies, nursing homes, and assisted living facilities; diagnostic and imaging centers; and pharmacies. The hospitals segment accounted for the largest share of the global market in 2014, and this segment is poised to grow at the highest CAGR during the forecast period. On the basis of regions, the market is divided into North America, Europe, Asia-Pacific, and RoW.
Regional Insights
North America is the largest regional segment of the global healthcare IT market; it accounted for the largest share of 42% of the healthcare IT market, followed by Europe, Asia-Pacific, RoW. The large share of this region can be attributed to the stringent legislative and accreditation requirements regarding healthcare, high adoption rate of HCIT technologies (for reducing the soaring healthcare costs), regulatory requirements regarding patient safety, and the presence of a large number of IT companies. Asia-Pacific is expected to grow at fastest rate due to the increased incidences of chronic diseases in geriatric as well as in pediatric population, rising awareness about the cost-effectiveness, convenience offered by these technologies, and rising medical expenditure.
Competitive Insights
Healthcare IT market is fragmented in nature with prominent players investing majorly on increasing market penetration. The major players in the healthcare IT market are McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), athenahealth, Inc. (U.S.), Epic Systems Corporation (U.S.), GE Healthcare (U.K.), Siemens Healthcare (Germany), Cerner Corporation (U.S.), and Carestream Health (US.).
Reasons for Buying the Report
1. Methodology & Scope
1. Research Methodology
2. Research Scope & Assumptions
3. List of Data Sources
2. Executive Summary
1. Global Healthcare IT– Industry summary & key buying criteria
2. Global Healthcare IT industry outlook
3. Market segmentation
1. Market size and growth prospects, 2012-2022
2. Global Healthcare IT market value chain analysis
3. Vendor Landscape
4. Global Healthcare IT dynamics
1. Market driver analysis
1. Rising Need to Curtail Escalating Healthcare Costs
2. Market restraints analysis
1. Reluctance Among Medical Professionals to Adopt Advanced Healthcare IT Tools
3. Key opportunities prioritized
1. Increasing Consolidation in the Healthcare Industry
5. Industry analysis
1. Global Healthcare IT Porter’s analysis
2. Global Healthcare IT market – PESTEL analysis
6. Global Healthcare IT market by product, 2012 - 2022 ($ BILLION)
1. Global Healthcare Provider Solutions Market,
1. Global Healthcare Provider Solutions Market, 2012 - 2022 ($ BILLION)
2. Global Clinical Solutions market
1. Global Clinical Solutions market, 2012 - 2022 ($ BILLION)
3. Global Non-Clinical Healthcare IT Solutions market
1. Global Non-Clinical Healthcare IT Solutions market, 2012 - 2022 ($ BILLION)
2. Global Healthcare Payer Solutions market
1. Global Healthcare Payer Solutions market, 2012 - 2022 ($ BILLION)
3. Global HCIT Outsourcing Services market,
1. Global HCIT Outsourcing Services market, 2012 - 2022 ($ BILLION)
2. Global Provider HCIT Outsourcing Services Market
1. Global Provider HCIT Outsourcing Services Market 2012 - 2022 ($ BILLION)
3. Global Payer IT Outsourcing Services market
1. Global Payer IT Outsourcing Services market 2012 - 2022 ($ BILLION)
4. Global Operational IT Outsourcing Services market
1. Global Operational IT Outsourcing Services market 2012 - 2022 ($ BILLION)
5. Global IT Infrastructure Management Services market
1. Global IT Infrastructure Management Services market 2012 - 2022 ($ BILLION)
7. Global Healthcare IT market by end user, 2012 - 2022 ($ BILLION)
1. Global Healthcare Providers market
1. Global Healthcare Providers market, 2012 - 2022 ($ BILLION)
2. Global Hospitals market
1. Global Hospitals market, 2012 - 2022 ($ BILLION)
3. Global Ambulatory Care Centers market
1. Global Ambulatory Care Centers market, 2012 - 2022 ($ BILLION)
4. Global Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities market
1. Global Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities market, 2012 - 2022 ($ BILLION)
5. Global Diagnostic and Imaging Centers market
1. Global Diagnostic and Imaging Centers market, 2012 - 2022 ($ BILLION)
6. Global Pharmacies market
1. Global Pharmacies market, 2012 - 2022 ($ BILLION)
2. Global Healthcare Payers market
1. Global Healthcare Payers market, 2012 - 2022 ($ BILLION)
2. Global Private Payer smarket
1. Global Private Payer smarket, 2012 - 2022 ($ BILLION)
3. Global Public Payers market
1. Global Public Payers market, 2012 - 2022 ($ BILLION)
8. Global Healthcare IT market, regional outlook, 2012-2022 ($ BILLION)
1. Global Healthcare IT market volume share by region, 2012 - 2022 ($ BILLION)
1. North America
1. North America market estimates and forecast, 2012 – 2022($ BILLION)
2. North America market estimates and forecast by region, 2012 – 2022($ BILLION
3. North America market estimates and forecast by application, 2012 – 2022($ BILLION)
4. U.S.
1. U.S. market estimates and forecast, 2012 – 2022($ BILLION)
2. U.S. market estimates and forecast by application, 2012 – 2022($ BILLION)
5. Canada
1. Canada market estimates and forecast, 2012 – 2022($ BILLION)
2. Canada market estimates and forecast by application, 2012 – 2022($ BILLION)
6. Mexico
1. Mexico market estimates and forecast, 2012 – 2022($ BILLION)
2. Mexico market estimates and forecast by application, 2012 – 2022($ BILLION)
2. Europe
1. Europe market estimates and forecast, 2012 – 2022($ BILLION)
2. Europe market estimates and forecast by region, 2012 – 2022($ BILLION)
3. Europe market estimates and forecast by application, 2012 – 2022($ BILLION)
4. Germany
1. Germany market estimates and forecast, 2012 – 2022($ BILLION)
2. Germany market estimates and forecast by application, 2012 – 2022($ BILLION)
5. UK
1. UK market estimates and forecast, 2012 – 2022($ BILLION)
2. UK market estimates and forecast by application, 2012 – 2022($ BILLION)
6. Russia
1. Russia market estimates and forecast, 2012 – 2022($ BILLION)
2. Russia market estimates and forecast by application, 2012 – 2022($ BILLION)
3. Asia Pacific
1. Asia Pacific market estimates and forecast, 2012 – 2022($ BILLION)
2. Asia Pacific market estimates and forecast by region, 2012 – 2022($ BILLION)
3. Asia Pacific market estimates and forecast by application, 2012 – 2022($ BILLION)
4. China
1. China market estimates and forecast, 2012 – 2022($ BILLION)
2. China market estimates and forecast by application, 2012 – 2022($ BILLION)
5. India
1. India market estimates and forecast, 2012 – 2022($ BILLION)
2. India market estimates and forecast by application, 2012 – 2022($ BILLION)
6. South Korea
1. South Korea market estimates and forecast, 2012 – 2022($ BILLION)
2. South Korea market estimates and forecast by application, 2012 – 2022($ BILLION)
4. Middle East & Africa
1. Middle East & Africa market estimates and forecast, 2012 – 2022($ BILLION)
2. Middle East & Africa market estimates and forecast by application, 2012 – 2022($ BILLION)
5. Central &South America
1. Central & South America market estimates and forecast, 2012 – 2022($ BILLION)
2. Central & South America market estimates and forecast by application, 2012 – 2022($ BILLION)
6. Brazil
1. Brazil market estimates and forecast, 2012 – 2022($ BILLION)
2. Brazil market estimates and forecast by application, 2012 – 2022($ BILLION)
9. Competitive Landscape
1. Cerner Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
2. Mckesson Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
3. Oracle Corporation.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
4. Allscripts Healthcare Solutions, Inc.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
5. Ge Healthcare
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
6. EPIC Systems Corporation
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
7. Philips Healthcare
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
8. Siemens Healthcare (Siemens AG)
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
9. Athenahealth, Inc..
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
10. Infor, Inc.
1. Company Overview
2. Financial Performance
3. Product Benchmarking
4. Strategic Initiatives
Table 1 Regulatory and Accreditation Requirements to Boost Market Growth
Table 2 High Cost of Deployment and Lack of Skilled Operators to Hinder Market Growth
Table 3 Mobile Platforms and Cloud-Based Solutions for Healthcare IT Provide Significant Opportunities for Market Growth
Table 4 Integration of Various Healthcare IT Solutions Presents A Major Challenge to the Market
Table 5 Healthcares IT Solutions: Growth in the Cloud-Based Hcit Solutions Market, 2012–2022
Table 6 Key Acquisitions by Leading Players in the Hcit Market (January 2012–September 2015)
Table 7 Telehealth Solutions Market, By Region, 2012–2022
Table 8 Global Healthcare IT Market Size, By Product, 2012–2022 (USD Million)
Table 9 Global Healthcare Provider Solutions Market Size, By Type, 2012–2022 (USD Million)
Table 10 Global Healthcare Provider Solutions Market Size, By Country, 2012–2022 (USD Million)
Table 11 Global Clinical Solutions Market Size, By Type, 2012–2022 (USD Million)
Table 12 Global Clinical Solutions Market Size, By Country, 2012–2022 (USD Million)
Table 13 Global Electronic Health Records/Electronic Medical Records Systems Market Size, By Country, 2012–2022 (USD Million)
Table 14 Global PACS and VNA Market Size, By Country, 2012–2022 (USD Million)
Table 15 Global CPOE Systems Market Size, By Country, 2012–2022 (USD Million)
Table 16 Global CDSS Market Size, By Country, 2012–2022 (USD Million)
Table 17 Global RIS Market Size, By Country, 2012–2022 (USD Million)
1. Global Healthcare IT market share, 2012 - 2022 ($ BILLION)
2. Market Share by regions
3. United States market estimates and forecast, 2012 – 2022 ($ BILLION)
4. Canada market estimates and forecast, 2012 – 2022 ($ BILLION)
5. Mexico market estimates and forecast, 2012 – 2022 ($ BILLION)
6. UK market estimates and forecast, 2012 – 2022 ($ BILLION)
7. France market estimates and forecast, 2012 – 2022 ($ BILLION)
8. Germany market estimates and forecast, 2012 – 2022 ($ BILLION)
9. APAC market estimates and forecast, 2012 – 2022($ BILLION)
10. China market estimates and forecast, 2012 – 2022 ($ BILLION)
11. India market estimates and forecast, 2012 – 2022 ($ BILLION)
12. Middle East & Africa market estimates and forecast, 2012 – 2022 ($ BILLION)
13. Central & South America market estimates and forecast, 2012 – 2022($ BILLION)
14. Brazil market estimates and forecast, 2012 – 2022 ($ BILLION)