Sarasota, FL -- (SBWIRE) -- 02/21/2018 -- Global Healthcare IT Outsourcing Market: Overview

Outsourcing can be referred as the method in which a company chooses the most proficient third party to provide some selected services such as operational management, administrative services or data management. The healthcare industry is in its revolution stage, shifting toward a value-based and patient-centric approach, and this transformation has helped in the growth of this market.

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Global Healthcare IT Outsourcing Market: Growth Factors

The factors contributing to the growth of the worldwide healthcare IT outsourcing market includes the lack of in-house appropriately skilled IT professionals and the dearth of funding or infrastructure needed for secured and better IT facilities. Further, the focus of government on establishing IT in healthcare and keenness to offer any support required for its implementation is also anticipated to boost the growth of healthcare IT outsourcing market.

Global Healthcare IT Outsourcing Market: Segmentation

The worldwide healthcare IT outsourcing market can be bifurcated based on end-users, product type, and region. The end-users segment of the healthcare IT outsourcing market can be divided into healthcare payers, healthcare providers, clinical research organizations, pharma & biotech, and others. The healthcare providers segment of the healthcare IT outsourcing market can be sub-divided into hospitals, physician clinics, clinical labs, radiology labs, pharmacies, and others. The product type segment of the healthcare IT outsourcing market can be categorized into payer HCIT, provider HCIT, HCIT infrastructure, operation HCIT, and life sciences HCIT. Further, the provider HCIT products segment can be sub-segmented into pharmacy information systems, electronic health records, radiology information systems, laboratory information systems, revenue cycle management, picture archiving and communication systems, and others. The payer HCIT segment of the market can be sub-divided into fraud detection, claim processing, customer management systems, and, others. The life science HCIT segment of the healthcare IT outsourcing market can be sub-segmented into fraud detection, billing systems, claim processing systems, customer management systems, and others. The operational HCIT segment of the market can be sub-categorized into business process management, supply chain management, and others. The HCIT infrastructure segment of the healthcare IT outsourcing market can be sub-divided into the cloud, infrastructure management systems, and others.

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Global Healthcare IT Outsourcing Market: Regional Analysis

North America is anticipated to lead the worldwide healthcare IT outsourcing market. The growth of this region can be attributed to the mounting stress to slash healthcare prices; the increase in requirement for infrastructure outsourcing, applications management services, and application development for life sciences, payers, and providers; the rising population to be enclosed within the insurance policy as stated by HIPPA Act; the new ICD 10 guidelines; and dearth of internal IT experts.

Global Healthcare IT Outsourcing Market: Competitive Players

The key players in the worldwide healthcare IT outsourcing market include Accenture Plc., Accretive Health, Inc., Hewlett-Packard, Mckesson Corporation, Allscripts., Anthelio Healthcare Solutions, Cognizant Technology Solutions, and HCL Technologies, Inc. the other few prominent players in the market are Dell, Inc., Infosys Limited, IBM Corporation, Tata Consultancy Services, Ltd., Siemens Healthcare, Xerox Corporation, and Wipro.

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Global Healthcare IT Outsourcing Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa