Northbrook, IL -- (SBWIRE) -- 02/21/2019 -- According to a new market research report "Healthcare IT Market by Product (EHR, RIS, PACS, VNA, CPOE, HIE, Telehealth, Healthcare Analytics, Population Health Management, Supply Chain Management, CRM, Fraud Management, Claims Management) End User (Provider, Payer) - Global Forecast to 2021", published by MarketsandMarkets.

The majority of the demand for healthcare IT solutions is driven by the growing need to reduce healthcare costs while adhering to the regulatory requirements set by government organizations for ensuring safety, security, and confidentiality of patient information.

The growing adoption of health information exchanges (HIEs) and EHR systems and improved quality of care and clinical outcomes are some of the other factors driving market growth. In addition to the growing demand for information technology solutions from healthcare providers, the growing need for healthcare insurance providers to efficiently manage a comprehensive record of claims and reimbursements is also expected to contribute to the growth of the global Healthcare IT Market during the forecast years.

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This report provides a detailed market analysis of various healthcare IT solutions available in the market comprising healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. In 2015, the healthcare provider solutions segment accounted for the largest share of the global Healthcare IT Market. Growth in this segment is attributed to the increasing demand for improved patient safety and patient care, stringent regulations regarding healthcare provider solutions, and the need for integrated healthcare systems.

In this report, the healthcare provider solutions segment is further categorized into clinical solutions and non-clinical solutions. EHR, PACS & VNA, mHealth applications, CPOE solutions, ePrescribing solutions, and population health management are some of the key clinical healthcare IT solutions covered in this report. Whereas, pharmacy information systems, supply chain management, revenue cycle management, and healthcare analytics are some of the key non-clinical healthcare IT solutions covered in this report.

Browse 288 market data Tables and 65 Figures spread through 430 Pages and in-depth TOC on "Healthcare IT Market"
http://www.marketsandmarkets.com/Market-Reports/healthcare-it-252.html

The report also provides the detailed geographic analysis of Healthcare IT Markets covering major countries in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa regions. In 2015, North America accounted for the majority share of the global HCIT market followed by Europe and Asia-Pacific. The large share of this region can be attributed to the stringent legislative and accreditation requirements regarding healthcare, the high adoption rate of HCIT technologies in order to curtail the soaring healthcare costs, regulatory requirements regarding patient safety, and the presence of a large number of IT companies in the region. Europe is the second-largest Healthcare IT Market.

Although, the global Healthcare IT Market is highly fragmented in nature; some of the key players in this market include McKesson Corporation, (U.S.), Epic Systems Corporation (U.S.), Cerner Corporation (U.S.), GE Healthcare (U.S.), Philips Healthcare (Netherlands), athenahealth, Inc. (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Oracle Corporation (U.S.), Cognizant Technology Solutions Corporation (U.S.), Dell Technologies (U.S.), and Infor, Inc. (U.S.).

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