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

The Healthcare Information Technology (IT) Market is projected to grow at a CAGR of 13% during the forecast period 2022 to 2028.

Healthcare IT, or Healthcare 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 Product 

• Healthcare Provider Solutions
• Non-clinical Solutions
• Healthcare Payer Solutions
• HCIT Outsourcing Services
• Payer HCIT Outsourcing Services
• Operational HCIT Outsourcing Services
• IT Infrastructure Management Services

By Delivery Mode                                      

• Wed & Cloud-Based
• On-premises

By Component                                           

• Services
• Software
• Hardware

Key Players

The major players in the global healthcare IT market are Optum (US), Cerner (US), Cognizant (US), Change Healthcare (US), Philips Healthcare (Netherlands), Epic Systems (US), Dell Technologies (US), Allscripts (US), GE Healthcare (US), IBM (US), athenahealth (US), eClinicalWorks (US), Oracle Corporation (US), Conduent (US), Infor (US), Tata Consultancy Services (India), Wipro Limited (India), Conifer Health (US), Nuance (US), 3M (US), Inovalon (US), InterSystems (US), Carestream Health (US), Orion Health (US), Practice Fusion (US), and SAS Institute (US).

Scope of the Report

The research study analyzes the global Healthcare Information Technology (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 Information Technology (IT) Market Report

1. What was the Healthcare Information Technology (IT) Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Healthcare Information Technology (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 Information Technology (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.