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Global Healthcare IT Market 2019 - Forecast to 2024: Growing Mhealth, Telehealth, and Remote Patient Monitoring Markets

/EIN News/ -- Dublin, April 17, 2019 (GLOBE NEWSWIRE) -- The "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 2024" report has been added to's offering.

The healthcare IT market is projected to reach USD 390.70 billion by 2024 from USD 187.60 billion in 2019, at a CAGR of 15.8% during the forecast period.

Over the years, the healthcare IT market has witnessed significant development with the introduction of healthcare reforms in both developed and developing nations. Healthcare IT solutions are emerging as powerful tools to curtail rising healthcare costs while improving overall healthcare quality.

These systems significantly minimize the use of paper and increase the operational efficiency of the organization, while ensuring regulatory compliance. They help to deliver quality healthcare and lead to improved clinical outcomes by making clinical studies and administration of drugs to the patient faster and quicker. Healthcare IT solutions facilitate improved patient care and enhanced communication and information exchange between varied entities such as physicians, staff, residents, families of residents, and pharmacies.

In this report, the healthcare IT market has been segmented on the basis of products & services, components, end users, and regions. The growing volume of patient data, an increase in technological know-how, and the demand for quick and efficient healthcare processes and systems are driving the demand for HCIT solutions.

Presently, healthcare systems across the globe are focusing on curtailing rising healthcare expenditure while providing quality care. The advent of information technology in the healthcare and life sciences industries has improved process efficiency in healthcare systems.

There are numerous players offering healthcare IT solutions for the healthcare industry, including Optum (US), Cerner (US), Cognizant (US), Change Healthcare (US), Philips Healthcare (Netherlands), Epic Systems (US), Dell Technologies (US), and Allscripts (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Healthcare IT: Market Overview
4.2 Healthcare IT Market: Geographic Growth Opportunities
4.3 North America: Healthcare IT Market, By Product & Service (2018)
4.4 Regional Mix: Healthcare IT Market (2019-2024)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Key Market Drivers Government Mandates & Support for Healthcare IT Solutions Rising Use of Big Data High Returns on Investment for Healthcare IT Solutions Need to Curtail Escalating Healthcare Costs
5.2.2 Key Market Restraints IT Infrastructural Constraints in Developing Countries
5.2.3 Key Market Opportunities Rising Use of Healthcare IT Solutions in Outpatient Care Facilities Growing Mhealth, Telehealth, and Remote Patient Monitoring Markets Cloud-Based EHR Solutions Shift Towards Patient-Centric Healthcare Delivery
5.2.4 Key Market Challenges Security Concerns Interoperability Issues

6 Industry Insights
6.1 Evolution of Healthcare Information Technology in the US
6.2 Industry Trends
6.2.1 Technology Giants Entering the Healthcare IT Market
6.2.2 Big Data in Healthcare
6.2.3 Cloud Computing
6.3 Adoption Trends
6.3.1 North America: Adoption Trends
6.3.2 Europe: Adoption Trends
6.3.3 Asia Pacific: Adoption Trends
6.3.4 Rest of the World: Adoption Trends
6.4 Potential Healthcare IT Technologies
6.4.1 AI Platforms
6.4.2 App-Enabled Patient Portals
6.4.3 Medical Device Data Integration Into Care Delivery Processes

7 Healthcare IT Market, By Product & Service
7.1 Introduction
7.2 Healthcare Provider Solutions
7.2.1 Clinical Solutions EHR Population Health Management Solutions Specialty Information Management Systems PACS & VNA Mobile Health Applications HCIT Integration Systems Telehealth Solutions Medical Image Analysis Systems Laboratory Information Systems Practice Management Systems Clinical Decision Support Systems Eprescribing Solutions Radiology Information Systems Computerized Physician Order Entry Systems Cardiovascular Information Systems Patient Registry Software Infection Surveillance Solutions Radiation Dose Management Solutions
7.2.2 Non-Clinical Healthcare IT Solutions Healthcare Asset Management Solutions Revenue Cycle Management Solutions Healthcare Analytics Customer Relationship Management Solutions Pharmacy Information Systems Healthcare Interoperability Solutions Healthcare Quality Management Solutions Supply Chain Management Solutions Medication Management Systems Workforce Management Solutions Workforce Management Solutions Help Healthcare Organizations to Improve the Accuracy of Employee Data Financial Management Systems (Billing & Accounting) Healthcare Information Exchanges Medical Document Management Solutions
7.3 Healthcare Payer Solutions
7.3.1 Claims Management Solutions
7.3.2 Population Health Management Solutions
7.3.3 Pharmacy Audit and Analysis Solutions
7.3.4 Payment Management Solutions
7.3.5 Customer Relationship Management Solutions
7.3.6 Member Eligibility Management Solutions
7.3.7 Fraud Analytics Solutions
7.3.8 Provider Network Management Solutions
7.4 HCIT Outsourcing Services
7.4.1 Provider HCIT Outsourcing Services
7.4.2 Payer HCIT Outsourcing Services
7.4.3 Operational HCIT Outsourcing Services Business Process Management Services Supply Chain Management Services Other Operational IT Outsourcing Services
7.4.4 IT Infrastructure Management Services Healthcare Organizations are Outsourcing IT Infrastructure Services Due to the High Capital Investment Required to Establish & Maintain IT Infrastructure

8 Healthcare IT Market, By Component
8.1 Introduction
8.2 Services
8.2.1 Demand for Services has Increased Due to the Introduction of Complex Software
8.3 Software
8.3.1 Healthcare Organizations are Moving From On-Premise Models to Web and Cloud-Based Models
8.4 Hardware
8.4.1 Need for Frequent Hardware Upgradation, Often to Keep Up With Software Advancements, is Driving Market Growth

9 Healthcare IT Market, By End User
9.1 Introduction
9.2 Healthcare Providers
9.2.1 Hospitals
9.2.2 Ambulatory Care Centers (Outpatient Settings)
9.2.3 Home Healthcare Agencies & Assisted Living Facilities
9.2.4 Diagnostic & Imaging Centers
9.2.5 Pharmacies
9.3 Healthcare Payers
9.3.1 Private Payers
9.3.2 Public Payers

10 Healthcare IT Market, By Region

11 Competitive Landscape
11.1 Introduction
11.2 Competitive Leadership Mapping (Overall Market)
11.3 Competitive Leadership Mapping (Emerging Players)
11.4 Competitive Situation and Trends

12 Company Profiles

  • 3M
  • Allscripts
  • Athenahealth (Part of Veritas Capital)
  • Cerner Corporation
  • Change Healthcare
  • Cognizant
  • Conduent
  • Conifer
  • Dell Technologies
  • EPIC Systems Corporation
  • General Electric
  • IBM
  • Infor
  • Inovalon
  • InterSystems
  • Nuance
  • Optum (A Part of Unitedhealth Group)
  • Oracle
  • Philips
  • Tata Consultancy Services

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Related Topics: Hospital Information Systems


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