Allied Market Research

Healthcare IT Market – 2014–2022 — A Thorough Industry Analysis


Portland, OR -- (SBWIRE) -- 06/19/2017 -- Allied Market Research has recently published a report on the healthcare IT market , which is a complete study of the entire industry for the time period 2014–2022. The report is a detailed analysis of the market and examines the key driving factors, restraints, opportunities, and challenges faced by the industry players engaged in the market. It focuses on the various market segments, based on product types that include healthcare provider, clinical, and non-clinical solutions. The study explains the involvement of various healthcare payer and healthcare outsourcing solutions, which includes provider HCIT outsourcing services and IT Infrastructure management services. The report profiles the big industry players, along with an extensive analysis of their product profiles, business performances, and marketing strategies. Vital statistics, tables, and figures are included in the report to support the findings of the entire study.

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The healthcare IT market report highlights the productive growth of the industry in the given forecast period. According to the study, the entire market is estimated to reach a value of $297 billion by the year 2022. This will be achieved with a projected CAGR of 13.2% during the period 2016–2022. The study focus on the advancements made by the information technology in providing efficient and scalable healthcare IT solutions.

Key findings of the Healthcare IT Market Report:

In the year 2015, healthcare provider solutions segment was leading the entire HCIT market revenue, and is expected to grow at a considerable CAGR of 16.2% during forecast period.

The clinical solution segment is anticipated to grow at a CAGR of 19.3% during the analysis period.

Picture Archiving and Communication Systems (PACS) and Vendor Neutral Archives (VNA) market in Europe are touted to grow at the CAGR of 12.6%.

North America was the leading market for HCIT outsourcing, followed by Europe and Asia-Pacific, in 2015.

A closer look at the performance of market segments in various geographies reveals that the North American healthcare asset management market is projected to grow at a CAGR of 17.4% and would reach $9.7 billion by 2022.

Japan and India jointly accounted for over half of the Asia-Pacific HCIT market share in 2015.

Asia-Pacific medical document management solution is expected to grow at the CAGR of 17.8%.

Germany is projected to be the fastest growing country market in Europe.

An extensive competitive analysis of the industry's landscape is also included in the report. The key players in the healthcare IT market are expanding the scope of their business operations in developing nations by including testing kits that are economical and accurate in their diagnoses in their product portfolios. The report includes a detailed competitive analysis of the major market players, such as United Healthcare Group (U.S.); McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.); Athenahealth, Inc. (U.S.); Epic Systems Corporation (U.S.), GE Healthcare (UK), Cerner Corporation (U.S.), Oracle Corporation, Koninklijke Philips N.V. (The Netherlands) and Infor, Inc. (U.S.).

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The healthcare IT market report is an in-depth study of the market. It enables the interested business owners and individuals understand the market landscape with the help of critical industry insights. With a detailed explanation of the drivers and opportunities, the investors can easily comprehend how to be a part of the market's growth. The assessment of risk factors and restraints to the market plays a vital role in helping players mitigate their potential losses. For those planning to expand their