Portland, OR -- (SBWIRE) -- 02/21/2018 -- The global Healthcare IT or Healthcare Information Technology market was evaluated at $125 billion in 2015, and is estimated to reach $297 billion by 2022, with a CAGR of 13.2%. The Healthcare Information Technology solutions & services defined in this report automate, manage, and control the different tasks and processes in healthcare organizations. This market growth is attributed to the rising demand for patient safety & data accuracy, need to curtail healthcare cost, and implementation of various healthcare policies promoting the use of HCIT in healthcare facilities.

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Healthcare Information Technology Market Key Benefits

The study provides an in-depth analysis of the Healthcare Information Technology market with the current trends and future estimations to reveal the imminent investment opportunities in market.
The report provides a quantitative analysis for the period of 2014?2022 to enable the stakeholders to capitalize on prevailing market opportunities.
Extensive analysis of the Healthcare Information Technology market by product, explains various types of product and HCIT solutions used by different healthcare organizations.

The Chinese government adopted healthcare IT informatization approach in the 1990s to promote IT development across all major sectors, including the healthcare sector. In 1995, the Chinese Government launched its first Healthcare Information Technology policy, "Golden Health Project," which sought to create the foundation for electronically linking health administration departments, healthcare organizations, and research institutes. The Ministry of Health in China has laid guidelines for HIT development in the region for the introduction and implementation of regional health information networks throughout the country. Thus, increasing demand for better healthcare, improving healthcare infrastructure, and government initiatives & investments are expected to drive the market in the Asia-Pacific region.

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The leading players in Healthcare Information Technology market have focused on expanding their presence in the Asia-Pacific region through expansions, acquisitions, and agreements. Thus, increasing investment by leading players in the region coupled with investments from central & local government agencies creates significant growth opportunities for Healthcare IT market. Key players profiled in this report include McKesson Corporation (U.S.), United Healthcare Group(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 (U.S.), Koninklijke Philips N.V. (The Netherlands), Infor, Inc. (U.S.), *Other players in the value chain include Wolters Kluwer, IBM, 3M health Information Systems, Conifer Health Solutions, Kronos Incorporated, Anthelio Healthcare Solutions Inc., Lexmark Healthcare, Orian Health, Wipro Technologies, CSI Healthcare IT, Syntel Inc., and Spok Inc.

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