Healthcare IT Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Healthcare IT Market size surpassed USD 224.5 billion in 2020 and is anticipated to grow at a CAGR of over 15% between 2022 -2028.

Medical IT, or medical information technology, is a branch of IT that includes the development, design, creation, and maintenance of information systems in hospital clinics and other healthcare industries. To improve and transform healthcare, healthcare IT offers numerous benefits and opportunities, such as improving clinical outcomes, reducing human error, improving care efficiencies, facilitating care coordination, and tracking data over time. The global healthcare IT market growth is largely driven by factors such as surging demand for telehealth and mHealth solutions from many smartphone users, adoption of HCIT services related to cloud technology, and implementation of various healthcare reforms such as patient protection and affordable healthcare laws. (PPCA), the rapid increase in the aging population and the consequent increase in chronic diseases.

Market Segments

By Solution

• Radiology information systems
• Electronic health record
• Picture archiving and communication systems
• Computerized physician order entry
• Vendor neutral archives
• mHealth
• Healthcare analytics
• Telehealth
• Supply chain management
• Customer relationship management
• Fraud management
• Revenue cycle management

Key Players

Prominent companies operating in the market include Siemens Healthineers, Cerner Corporation, SAP, GE Healthcare, Oracle Corporation Agfa Healthcare, Allscripts Healthcare Solutions and elicnicalWorks. Geographical expansion.

Scope of the Report

The research study analyzes the global Healthcare IT industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Healthcare IT Market Report

1. What was the Healthcare IT Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Healthcare IT Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Healthcare IT Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.