2021 Growth opportunities on Healthcare IT Solutions Market 2016

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Healthcare IT Solutions Market - Forecast to 2020
Published on 01 August, 2016 Number of pages
N/A Single User Price 5650
Healthcare IT Solutions Market Tracker by
Product (EHR, PACS, Interoperability, Healthcare
Analytics, Telemedicine, CRM), Market Size,
Adoption Trends, Competitive landscape (Market
Share Analysis, Product Portfolio Assessment) -
Forecast to 2020
The healthcare IT solutions market is poised to
reach USD 228.79 Billion by 2020, growing at a
CAGR of 13.4 during the forecast period of 2015
to 2020.
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HCIT solutions are designed to streamline
workflows in healthcare systems, reduce expenses,
and facilitate compliance with regulatory
guidelines. These solutions offer several
benefits such as rapid returns on investment
(ROI), improved patient safety, and automation of
workflows throughout healthcare systems.
Healthcare information technology (HCIT) is
expected to digitize existing paper-based
healthcare systems, ensuring effective care and
patient safety. The global healthcare IT
solutions market is primarily driven by
continuously increasing healthcare expenditure,
increasing use of data-driven technologies,
introduction of various healthcare reforms and
changing regulations, and growing pressure on
healthcare organizations to curtail healthcare
costs against the backdrop of rising incidences
of chronic disorders and increasing geriatric
population. In addition to the demand for IT
solutions from healthcare providers, the growing
need of healthcare insurance providers to
efficiently manage in-depth records of claims and
reimbursements is also expected to contribute to
the growth of the market in the coming years.
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This Healthcare IT Solutions Market Tracker is
designed to enable HCIT solution vendors and
related stakeholders to analyze the growth of the
healthcare IT solutions market in efficient
manner. This market dashboard provides a
holistic view of the healthcare IT solutions
market, by product and by country. Each product
and end-user market covered in this tracker is
studied at the geographic (regional/country)
levels as well. Product Trends The healthcare
IT solutions market, by product, is segmented
into healthcare provider solutions, healthcare
payer solutions, and HCIT outsourcing services.
The healthcare provider solutions market is
further categorized into clinical and
non-clinical solutions. Non-clinical solutions
accounted for the largest share of the global
healthcare IT solutions market in 2015.
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However, the clinical solutions segment is poised
to grow at a double-digit CAGR in the forecast
period, mainly due to the increasing demand for
improved patient safety and care, stringent
regulations mandating the implementation of
healthcare provider solutions, and need for
integrated healthcare systems. The HCIT
outsourcing services market is segmented into
provider HCIT outsourcing services, payer HCIT
outsourcing services, operational HCIT
outsourcing services, and IT infrastructure
management services. IT infrastructure management
services formed the largest segment of the global
healthcare IT outsourcing services market in
2015. The overall growth of the HCIT outsourcing
services market is driven by the growing focus of
healthcare providers and payers to minimize
operational costs and maximize profit margins.
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Geographic Trends North America is the largest
regional segment of the global healthcare IT
solutions market it accounted for the largest
share of the market in 2015, followed by Europe,
Asia-Pacific, Latin America, and the Middle East
Africa. While the U.S. will continue to
dominate the global market during the forecast
period, emerging markets across Asia-Pacific and
Latin America are expected to grow at the highest
CAGR. Competitive Scenario 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 (U.S.) are some leading
players in the global market. These players have
a strong portfolio of IT solutions for the
healthcare industry. Their global presence and
continuous focus on innovation, in order to meet
end-user needs, have contributed to their
leadership in the global market.
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Scope of the Report This market dashboard
categorizes the global healthcare IT solutions
market by product and end-user. These markets are
broken down into segments and subsegments,
providing value analysis for 2013, 2014, and
2015, as well as forecast up to 2020. Each market
is comprehensively analyzed by geography to
provide in-depth information on the global
scenario.
Healthcare IT Solutions Market Product Dashboard

• Healthcare Provider Solutions
• Healthcare Payer Solutions
• HCIT Outsourcing Services

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• Healthcare IT Solutions Market Country
  Dashboard
• North America
• Europe
• Asia-Pacific(APAC)
• Latin America
• Middle East Africa

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Healthcare IT Solutions Market - Forecast to 2020
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
Healthcare IT Solutions Market Tracker by Product
(EHR, PACS, Interoperability, Healthcare
Analytics, Telemedicine, CRM), Market Size,
Adoption Trends, Competitive landscape (Market
Share Analysis, Product Portfolio Assessment) -
Forecast to 2020and future opportunities are
provided in the report.
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Solutions Market Report