Healthcare IT Market by Product and services (healthcare provider solutions, healthcare payer solutions, HCIT outsourcing services), by Application(Electronic Health Records (EHR),Computerized Provider Order Entry Systems (CPOE),Radiology Information Systems (RIS),Pharmacy Information Systems) by Component (Services, Software, Hardware),by Delivery Mode(On-Premise,Cloud-Based) by End user (hospitals, pharmacies, payers), and Region, Global trends and forecast from 2023 to 2029

Published on: Apr 2023
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Market Size	CAGR	Dominating Region
USD 870.19 Billion by 2029	15.3%	North America

By Product and Services	By Application	by Component	By Delivery Mode	by End User
Healthcare Provider Solutions Healthcare Payer Solutions HCIT Outsourcing Services	Electronic Health Records (EHR) Computerized Provider Order Entry Systems (CPOE) Radiology Information Systems (RIS) Pharmacy Information Systems	Services Software Hardware	On-Premise Cloud-Based	Hospitals Pharmacies Payers

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Healthcare IT Market Overview

The Healthcare IT Market is expected to grow at 15.3% CAGR from 2022 to 2029. It is expected to reach above USD 870.19 Billion by 2029 from USD 250 Billion in 2020.

Healthcare IT, also known as healthcare information technology, is a subset of IT that deals with constructing, developing, and managing information systems for use in hospitals, clinics, and other healthcare facilities. Healthcare IT has several benefits and prospects for enhancing and altering healthcare, including bettering clinical outcomes, lowering human error rates, increasing practice effectiveness, allowing care coordination, and collecting data over time. The adoption of cloud-related HCIT services, the implementation of various healthcare reforms like the Patient Protection and Affordable Care Act (PPACA), and the rapid ageing of the population and subsequent rise in the prevalence of chronic diseases are some of the factors that are propelling the growth of the global healthcare IT market.

A subset of information technology is healthcare information technology (HIT). The rise in acceptance of mHealth and telehealth practices, the rise in demand for better patient safety and patient care, the rise in government initiatives to support HCIT, and the rise in demand for high-quality healthcare services and solutions all contribute to the growth of the global healthcare IT market. Protecting patient information presents a significant difficulty for healthcare organizations as worries about patient data safety and security become more prevalent, creating significant barriers in the healthcare IT sector. Growth chances for the healthcare IT industry are boosted by an increase in investment in the Asia-Pacific region, which has a considerable market potential.

ATTRIBUTE	DETAILS
Study period	2020-2029
Base year	2021
Estimated year	2022
Forecasted year	2022-2029
Historical period	2018-2020
Unit	Value (USD BILLION)
Segmentation	By Product and services, By Component, By End user, By Region
By Product and services	Healthcare provider solutions Healthcare payer solutions HCIT outsourcing services
By Component	Services Software Hardware
By End user	Hospitals Pharmacies Payers
By Region	North America Asia Pacific Europe South America Middle East Asia & Africa

The market is developing as a result of a number of factors, including the expanding trend of healthcare digitalization, increased need for preventative care solutions, the rise of numerous entrepreneurial initiatives, and expanding alliances and funding. Additionally, the market is expanding due to changes and improvements in network connectivity, the expansion of network infrastructure, and rising healthcare IT investment. Key players are concentrating on cutting-edge product development methods and advancing technology constantly with help from an expanding IT infrastructure. The market is expanding as a result of market participants incorporating big data, the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) algorithms into their current products to improve health & medical procedures.

The development and growth of the market are being supported by rising healthcare spending and escalating consumer desire for effective, cutting-edge treatment options. In the upcoming years, market growth will be fueled by rising consumer awareness of cutting-edge and upgraded solutions. Healthcare IT services have seen an increase in popularity over the previous few years, according to a 2020 article in Healthcare IT News, and remote monitoring services have seen an increase in use from 13% in 2016 to 22% in 2019.

Adoption of healthcare IT solutions is directly impacted by rising smartphone usage and expanding internet access. 5.31 billion people worldwide are estimated to own a mobile phone, while 4.95 billion people utilise the internet, according to Data Report January 2022 forecasts. Additionally, the number of unique mobile phone users is anticipated to grow to 5.8 billion by 2025, according to predictions from The Mobile Economy 2020. In addition, there were 192 million more internet users globally in 2021 than there were in 2020, and this number is increasing at a rate of 4% yearly. In addition, it is anticipated that technology developments in the area of smartphones and internet connectivity will hasten market expansion by enhancing therapeutic outcomes, patient involvement, and patient experience.

It is projected that the growing elderly population worldwide, along with the burden of chronic diseases, rising health and medical costs, and rising demand for home-care services such remote patient monitoring, will promote the use of IT services and drive market expansion. The demand for cutting-edge IT solutions is increasing due to the rising prevalence of chronic diseases like diabetes, hypertension, cancer, and cardiovascular disorders. The adoption of these technological solutions is being fueled by the various advantages that healthcare IT offers, such as lowered medical mistake rates, decreased operational costs, and improved clinical outcomes. In addition, favourable actions in emerging economies to encourage the adoption of IT solutions and expanding infrastructure are anticipated to promote growth.

The adoption and utilisation of HCIT solutions in emerging nations is hampered by a lack of skilled IT workers in these nations. The adoption of HCIT systems is also significantly hampered by pricing concerns. These solutions come at a higher cost for maintenance and software than for software alone. Software upgrades that are necessary to meet changing user requirements are another ongoing expense that accounts for close to 30% of the total cost of ownership. The aforementioned considerations partially restrain market expansion in developing nations. Additionally, because they are frequently intangible, the organizational effects and advantages of HCIT may take longer to materialize. Because they need money to create the infrastructure necessary for adopting HCIT solutions, the cost of installing HCIT solutions in healthcare systems in emerging nations is significantly higher. Therefore, rather than allied departments, hospitals frequently prefer to invest in the core technologies that are directly related to the quality of patient care. As a result, smaller healthcare organizations are discouraged from investing in HCIT solutions, particularly in developing countries throughout APAC and South America.

The healthcare sector is moving toward outpatient settings in response to increasing pressure on health systems to minimize the cost of care. Convenience is another significant element contributing to the rise of ambulatory care. An outpatient surgery centre treatment is expected to cost 30% to 60% less than an inpatient hospital environment. Demand for and use of HCIT solutions in outpatient settings will rise as a result of the expansion of outpatient settings and the entry of new patients. Approximately 10% of US hospitals, according to a survey sponsored by United Health (US), have HCIT clinical documentation improvement programmes specifically designed for their outpatient settings. The next six months will see the implementation of these services by an additional 10%. Furthermore, in the near future, 14% of hospitals intended to employ cutting-edge technology. In the upcoming years, this trend is anticipated to drive the adoption of HCIT solutions, such RCM solutions, in outpatient settings.

Numerous federal organisations back the use of CIT solutions in outpatient treatment settings in addition to the advantages of these solutions. For instance, the US government committed USD 80 million to the development of a new public health informatics and technology programme in June 2021. Because of this, more stakeholders in outpatient care facilities are implementing HCIT solutions to provide better health services and improve patient outcomes. In addition, a lot of patients are turning to outpatient care now due to the advantages of web-based management for ongoing care.

Existing healthcare systems experienced considerable adjustments as a result of the ongoing Covid-19 outbreak. To stop the spread of the disease, the pandemic forced the government to enact travel bans and lockdowns. In order to priorities treatments based on urgent versus non-urgent situations, care facilities underwent structural adjustments. In order to reduce the number of times patients and care providers had to go to medical institutions, telemedicine and telehealth solutions were quickly adopted.

The healthcare IT sector has innovated and advanced to meet the growing need for virtual care solutions like telehealth and teleconsultation. Virtual health solutions have become increasingly popular with care institutions and providers. In April 2020, 28% of consumers used telehealth services, up from 15% in 2019, according to a Deloitte poll. The increasing demand compelled market participants to come up with plans to provide cutting-edge technical solutions, make health care services available in remote regions, and lessen the need for in-person consultations.

Healthcare IT Market | Exactitude Consultancy

Healthcare IT Market Segment Analysis

The healthcare IT market is segmented based on product and services, component, end user, and region, global trends and forecast.

By product and services type, the market is bifurcated into (healthcare provider solutions, healthcare payer solutions, HCIT outsourcing services). By component into (Services, Software, Hardware). By end user into (hospitals, pharmacies, payers) and region, global trends and forecast.

The healthcare IT market’s product and service category will see the fastest growth with healthcare provider solutions. The category for healthcare provider solutions will grow at the highest rate in terms of product and service. Government efforts to raise patient care standards and the need to increase healthcare services’ effectiveness are to blame for the segment’s rapid expansion. Clinical and non-clinical HCIT solutions are the further divisions of the healthcare provider solutions market. The market for clinical solutions is expanding as a result of increased demand for better patient safety and care, strict laws governing healthcare provider solutions, and the requirement for integrated healthcare systems.

In the healthcare IT market, hospitals will make up the largest end user sector. According to end user, the hospitals sector held the biggest market share globally during the anticipated period. This portion is accounted for by elements like strict governmental rules and the requirement to enhance patient care while boosting operational effectiveness. The rise of this end-user market is also being fueled by an increase in patients, hospitals, and ambulatory care facilities as well as hospitals’ substantial purchasing power.

Hardware, software, and services make up the hardware, software, and services segments of the worldwide healthcare IT market. In 2021, the services segment’s revenue contribution was substantial. Healthcare IT services serve hospitals, medical billing companies, and even physician organizations. Healthcare IT includes network and hardware administration, local and cloud backups, cybersecurity, Voice-Over IP (VOIP) phone systems, and other services. Additionally, the development of online payment services is spurring an increase in market income. Demand for these services is increasing as a result of the creation of high-deductible health plans and the expansion of consumers’ financial responsibility.

Healthcare IT Market Players

The Healthcare IT Market key players include Philips Healthcare, Agfa Healthcare, Hewlett-Packard Enterprise, Carestream Health, GE Healthcare, E-MDS, Inc., Athenahealth, Inc., eClinicalworks, McKesson Corporation, 3M Company.

04 April 2022: Philips a global leader in health technology, unveiled the launch of the new Philips Sonicare range of electric toothbrush series that features advanced sonic technology. It provides three to seven times better plaque removal as compared to manual toothbrushes.

20 August 2021: Philips a global leader in health technology, unveiled the Philips Fresh Air Mask. Combining excellent breathing comfort, strong filtration performance and contemporary design, the Philips Fresh Air Mask will provide protection from rising air pollution levels in the country.

Who Should Buy? Or Key stakeholders

Healthcare IT Service provider
Consultancy Firms/ Advisory Firms
Healthcare Industries
Hospitals
Pharmaceutical Industries
IT Industries
Raw Materials Manufacturers
Research Organizations
Investors
Regulatory Authorities
Others

Healthcare IT Market Regional Analysis

The Healthcare IT Market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).

North America: includes the US, Canada, Mexico
Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
South America: includes Brazil, Argentina and Rest of South America
Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA

Healthcare IT was dominated by North America in 2022 with a revenue share of 52.0%, and it is expected to increase at the highest rate over the ensuing years. The market is expanding due to factors such increasing smartphone adoption, better internet access, higher healthcare IT investment, enhanced infrastructure, rising digital literacy, and the presence of important companies. The North American healthcare industry is quickly embracing and deploying It services to enhance patient care while at the same time lowering medical expenses, which is boosting the market’s expansion in the region.

The need for the use of these cutting-edge solutions are being boosted by the expansion of care facilities, universities, cutting-edge research institutions, and other facilities. A significant factor in this region’s development is the presence of famous care institutions. The University of Maryland Medical Center, Cleveland Clinic, John Hopkins Medicine, Mayo Clinic, and St. Jude Children’s Research Hospital are a few examples of care facilities and research centres that are located in North America and that provide opportunities for the industry of healthcare information technology to grow in the future. Growth is being driven by the expanding demand to streamline and optimise hospital operations and improve clinical, functional, and operational effectiveness.

In contrast, MEA is predicted to grow at the quickest rate over the future years due to the steady expansion of healthcare infrastructure in emerging economies and the rise in healthcare spending. Healthcare facilities have undergone substantial expansion and modifications in some of the region’s countries, including Saudi Arabia and the United Arab Emirates. Furthermore, the Saudi Arabian government has made a number of initiatives to deploy IT systems in the healthcare industry. These information systems are being used by some hospitals in Saudi Arabia to enhance patient care. Market growth is anticipated to be aided by developments in the healthcare industry and a rise in the use of IT in healthcare.

One of the MEA’s key nations with a high acceptance rate for EHR is the UAE. The COVID-19 epidemic is also definitely having an influence on the South African healthcare IT business. For instance, a UN Volunteers article states that in 2020 the nation will widely employ mobile health applications during the epidemic. Systems for remote patient monitoring and telehealth are being used by people to manage their health online. The penetration of healthcare IT technology in the nation has also increased as a result of other initiatives including interactive dashboards, information broadcasting, and community mapping.

Key Market Segments: Healthcare IT Market

Healthcare IT Market by Product and Services, 2020-2029, (USD Billion).

Healthcare Provider Solutions
Healthcare Payer Solutions
Hcit Outsourcing Services

Healthcare IT Market By Application ,2020-2029, (USD Billion).

Electronic Health Records (EHR)
Computerized Provider Order Entry Systems (CPOE)
Radiology Information Systems (RIS)
Pharmacy Information Systems

Healthcare IT Market By Component, 2020-2029, (USD Billion).

Services
Software
Hardware

Healthcare IT Market By Delivery Mode ,2020-2029, (USD Billion).

On-Premise
Cloud-Based

Healthcare IT Market By End User, 2020-2029, (USD Billion).

Hospitals
Pharmacies
Payers

Healthcare IT Market by Region, 2020-2029, (USD Billion).

North America
Asia Pacific
Europe
South America
Middle East and Africa

Important Countries In All Regions Are Covered.

Exactitude Consultancy Services Key Objectives:

Increasing sales and market share
Developing new technology
Improving profitability
Entering new markets
Enhancing brand reputation

Key Question Answered

What is the expected growth rate of the healthcare IT market over the next 7 years?
Who are the major players in the healthcare IT market and what is their market share?
What are the end-user industries driving demand for market and what is their outlook?
What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
How is the economic environment affecting the healthcare IT market, including factors such as interest rates, inflation, and exchange rates?
What is the expected impact of government policies and regulations on the healthcare IT market?
What is the current and forecasted size and growth rate of the global healthcare IT market?
What are the key drivers of growth in the healthcare IT market?
What are the distribution channels and supply chain dynamics in the healthcare IT market?
What are the technological advancements and innovations in the healthcare IT market and their impact on form development and growth?
What are the regulatory considerations and their impact on the market?
What are the challenges faced by players in the healthcare IT market and how are they addressing these challenges?
What are the opportunities for growth and expansion in the healthcare IT market?
What are the services offerings and specifications of leading players in the market?

INTRODUCTION
1. MARKET DEFINITION
2. MARKET SEGMENTATION
3. RESEARCH TIMELINES
4. ASSUMPTIONS AND LIMITATIONS
RESEARCH METHODOLOGY
1. DATA MINING
  1. SECONDARY RESEARCH
  2. PRIMARY RESEARCH
  3. SUBJECT-MATTER EXPERTS’ ADVICE
2. QUALITY CHECKS
  1. FINAL REVIEW
3. DATA TRIANGULATION
  1. BOTTOM-UP APPROACH
  2. TOP-DOWN APPROACH
  3. RESEARCH FLOW
4. DATA SOURCES
EXECUTIVE SUMMARY
MARKET OVERVIEW
1. GLOBAL HEALTHCARE IT MARKET OUTLOOK
  1. MARKET DRIVERS
  2. MARKET RESTRAINTS
  3. MARKET OPPORTUNITIES
2. IMPACT OF COVID-19 ON HEALTHCARE IT MARKET
3. PORTER’S FIVE FORCES MODEL
  1. THREAT FROM NEW ENTRANTS
  2. THREAT FROM SUBSTITUTES
  3. BARGAINING POWER OF SUPPLIERS
  4. BARGAINING POWER OF CUSTOMERS
  5. DEGREE OF COMPETITION
4. INDUSTRY VALUE CHAIN ANALYSIS
GLOBAL HEALTHCARE IT MARKET BY PRODUCT AND SERVICES (USD BILLION), 2020-2029
1. HEALTHCARE PROVIDER SOLUTIONS
2. HEALTHCARE PAYER SOLUTIONS
3. HCIT OUTSOURCING SERVICES
GLOBAL HEALTHCARE IT MARKET BY COMPONENT (USD BILLION),2020-2029
1. SERVICES
2. SOFTWARE
3. HARDWARE
GLOBAL HEALTHCARE IT MARKET BY END USER (USD BILLION),2020-2029
1. HOSPITALS
2. PHARMACIES
3. PAYERS
GLOBAL HEALTHCARE IT MARKET BY REGION (USD BILLION),2020-2029
1. NORTH AMERICA
  1. US
  2. CANADA
  3. MEXICO
2. SOUTH AMERICA
  1. BRAZIL
  2. ARGENTINA
  3. COLOMBIA
  4. REST OF SOUTH AMERICA
3. EUROPE
  1. GERMANY
  2. UK
  3. FRANCE
  4. ITALY
  5. SPAIN
  6. RUSSIA
  7. REST OF EUROPE
4. ASIA PACIFIC
  1. INDIA
  2. CHINA
  3. JAPAN
  4. SOUTH KOREA
  5. AUSTRALIA
  6. SOUTH-EAST ASIA
  7. REST OF ASIA PACIFIC
5. MIDDLE EAST AND AFRICA
  1. UAE
  2. SAUDI ARABIA
  3. SOUTH AFRICA
  4. REST OF MIDDLE EAST AND AFRICA

COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
1. PHILIPS HEALTHCARE
2. AGFA HEALTHCARE
3. HEWLETT-PACKARD ENTERPRISE
4. CARESTREAM HEALTH
5. GE HEALTHCARE
6. E-MDS, INC.
7. ATHENAHEALTH, INC.
8. ECLINICALWORKS
9. MCKESSON CORPORATION
10. 3M COMPANY *THE COMPANY LIST IS INDICATIVE

LIST OF TABLES

TABLE 1 GLOBAL HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 2 GLOBAL HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 3 GLOBAL HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 4 GLOBAL HEALTHCARE IT MARKET BY REGION (USD MILLION) 2020-2029

TABLE 5 NORTH AMERICA HEALTHCARE IT MARKET BY COUNTRY (USD MILLION) 2020-2029

TABLE 6 NORTH AMERICA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 7 NORTH AMERICA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 8 NORTH AMERICA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 9 US HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 10 US HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 11 US HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 12 CANADA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 13 CANADA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 14 CANADA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 15 MEXICO HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 16 MEXICO HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 17 MEXICO HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 18 SOUTH AMERICA HEALTHCARE IT MARKET BY COUNTRY (USD MILLION) 2020-2029

TABLE 19 SOUTH AMERICA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 20 SOUTH AMERICA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 21 SOUTH AMERICA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 22 BRAZIL HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 23 BRAZIL HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 24 BRAZIL HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 25 ARGENTINA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 26 ARGENTINA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 27 ARGENTINA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 28 COLOMBIA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 29 COLOMBIA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 30 COLOMBIA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 31 REST OF SOUTH AMERICA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 32 REST OF SOUTH AMERICA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 33 REST OF SOUTH AMERICA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 34 ASIA-PACIFIC HEALTHCARE IT MARKET BY COUNTRY (USD MILLION) 2020-2029

TABLE 35 ASIA-PACIFIC HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 36 ASIA-PACIFIC HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 37 ASIA-PACIFIC HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 38 INDIA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 39 INDIA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 40 INDIA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 41 CHINA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 42 CHINA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 43 CHINA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 44 JAPAN HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 45 JAPAN HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 46 JAPAN HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 47 SOUTH KOREA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 48 SOUTH KOREA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 49 SOUTH KOREA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 50 AUSTRALIA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 51 AUSTRALIA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 52 AUSTRALIA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 53 SOUTH-EAST ASIA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 54 SOUTH-EAST ASIA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 55 SOUTH-EAST ASIA HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 56 REST OF ASIA PACIFIC HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION) 2020-2029

TABLE 57 REST OF ASIA PACIFIC HEALTHCARE IT MARKET BY COMPONENT (USD MILLION) 2020-2029

TABLE 58 REST OF ASIA PACIFIC HEALTHCARE IT MARKET BY END USER (USD MILLION) 2020-2029

TABLE 59 EUROPE HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 60 EUROPE HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 61 EUROPE HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 62 EUROPE HEALTHCARE IT MARKET BY COUNTRY (USD MILLION), 2020-2029

TABLE 63 GERMANY HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 64 GERMANY HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 65 GERMANY HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 66 UK HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 67 UK HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 68 UK HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 69 FRANCE HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 70 FRANCE HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 71 FRANCE HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 72 ITALY HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 73 ITALY HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 74 ITALY HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 75 SPAIN HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 76 SPAIN HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 77 SPAIN HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 78 RUSSIA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 79 RUSSIA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 80 RUSSIA HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 81 REST OF EUROPE HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 82 REST OF EUROPE HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 83 REST OF EUROPE HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 84 MIDDLE EAST AND AFRICA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 85 MIDDLE EAST AND AFRICA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 86 MIDDLE EAST AND AFRICA HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 87 MIDDLE EAST AND AFRICA HEALTHCARE IT MARKET BY COUNTRY (USD MILLION), 2020-2029

TABLE 88 UAE HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 89 UAE HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 90 UAE HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 91 SAUDI ARABIA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 92 SAUDI ARABIA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 93 SAUDI ARABIA HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 94 SOUTH AFRICA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 95 SOUTH AFRICA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 96 SOUTH AFRICA HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

TABLE 97 REST OF MIDDLE EAST AND AFRICA HEALTHCARE IT MARKET BY PRODUCT AND SERVICE (USD MILLION), 2020-2029

TABLE 98 REST OF MIDDLE EAST AND AFRICA HEALTHCARE IT MARKET BY COMPONENT (USD MILLION), 2020-2029

TABLE 99 REST OF MIDDLE EAST AND AFRICA HEALTHCARE IT MARKET BY END USER (USD MILLION), 2020-2029

LIST OF FIGURES

FIGURE 1 MARKET DYNAMICS

FIGURE 2 MARKET SEGMENTATION

FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED

FIGURE 4 DATA TRIANGULATION

FIGURE 5 BOTTOM-UP APPROACH

FIGURE 6 TOP-DOWN APPROACH

FIGURE 7 RESEARCH FLOW

FIGURE 8 GLOBAL HEALTHCARE IT BY PRODUCT AND SERVICE, USD BILLION, 2020-2029

FIGURE 9 GLOBAL HEALTHCARE IT BY COMPONENT, USD BILLION, 2020-2029

FIGURE 10 GLOBAL HEALTHCARE IT BY END USER, USD BILLION, 2020-2029

FIGURE 11 GLOBAL HEALTHCARE IT BY REGION, USD BILLION, 2020-2029

FIGURE 12 PORTER’S FIVE FORCES MODEL

FIGURE 13 GLOBAL HEALTHCARE IT MARKET BY PRODUCT AND SERVICE, USD BILLION, 2021

FIGURE 14 GLOBAL HEALTHCARE IT MARKET BY COMPONENT, USD BILLION, 2021

FIGURE 15 GLOBAL HEALTHCARE IT MARKET BY END USER, USD BILLION, 2021

FIGURE 16 GLOBAL HEALTHCARE IT MARKET BY REGION 2021

FIGURE 17 MARKET SHARE ANALYSIS

FIGURE 18 PHILIPS HEALTHCARE: COMPANY SNAPSHOT

FIGURE 19 AGFA HEALTHCARE: COMPANY SNAPSHOT

FIGURE 20 HEWLETT-PACKARD ENTERPRISE: COMPANY SNAPSHOT

FIGURE 21 CARESTREAM HEALTH: COMPANY SNAPSHOT

FIGURE 22 GE HEALTHCARE: COMPANY SNAPSHOT

FIGURE 23 E-MDS, INC.: COMPANY SNAPSHOT

FIGURE 24 ATHENAHEALTH, INC.: COMPANY SNAPSHOT

FIGURE 25 ECLINICALWORKS: COMPANY SNAPSHOT

FIGURE 26 MCKESSON CORPORATION: COMPANY SNAPSHOT

FIGURE 27 3M COMPANY: COMPANY SNAPSHOT

• What is the worth of Healthcare IT Market?

The Healthcare IT Market is expected to grow at 15.3% CAGR from 2022 to 2029. It is expected to reach above USD 870.19 Billion by 2029 from USD 250 Billion in 2020.

• What is the size of the North America healthcare IT industry?

North America held more than 52% of the Healthcare IT Market revenue share in 2021 and will witness expansion in the forecast period.

• What are some of the market's driving forces?

• Which are the top companies to hold the market share in Healthcare IT Market?

• What is the leading application of Healthcare IT Market?

• Which is the largest regional market for Healthcare IT Market?

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