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Aug 25, 2020 (Market Insight Reports) —
Selbyville, Delaware The Healthcare Information Technology (IT) Market Forecast Report provides details analysis of Healthcare Information Technology (IT) industry which will accelerate your business. Healthcare Information Technology (IT) market report covers the current state of business and the growth prospects of the worldwide Healthcare Information Technology (IT) Market. The Healthcare Information Technology (IT) market report lists the leading competitors and provides the Industry pitfall and challenges, Growth potential analysis of the key factors influencing the market.
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Increasing funding for healthcare IT through various government initiatives will boost healthcare IT market growth. For instance, the European commission had launched a public consultation project to promote digital health innovations and care for European citizens. Such government initiatives should propel healthcare IT market growth.
Emergence of artificial intelligence in healthcare will serve as a high impact rendering factor for the healthcare IT market. Artificial intelligence helps in providing practitioner assistance and decision support for tasks such as patient diagnosis and symptom analysis, thereby leading to better data management and driving the overall healthcare IT market.
Healthcare Information Technology (IT) Market will exceed USD 441.8 billion by 2025; as per a new research report.
Healthcare revenue cycle management market is poised to reach USD 114.5 billion by 2025. Healthcare revenue cycle management industry has established presence of industry players that dominate market by providing superior quality software. Development and high preference for big data analytics should positively influence the HRCM business growth in foreseeable future.
Healthcare IT market in ambulatory surgical units is expected to grow at 16.1% CAGR during the forecast timeframe. Rising availability of specialized solutions such as ambulatory EHRs will increase implementation of healthcare IT in such settings. Funding and incentives by regulatory and government bodies will further propel market growth in the future.
Few of the prominent market players involved in global healthcare IT market are McKesson Corporation, GE Healthcare, Siemens Healthcare, Oracle Corporation, Hewlett-Packard, Athenahealth, Allscripts Healthcare Solutions, eClinicalWorks, Experian Health, Agfa Healthcare, and Carestream Health. The industry participants are engaged in acquisition and collaborations to enhance their market foothold and expand geographic reach. For instance, in February 2019, Oracle announced availability of its data center in UAE and Middle East. This data center will offer cloud applications services to its customers across the region, thereby strengthening its market position in the Middle East region.
U.S. healthcare IT market accounted for largest share in 2018 and is forecasted to grow at 13.8% over the projected period. The need for providing healthcare services to population residing in remote areas will boost U.S. healthcare IT market. Furthermore, increasing need to lower healthcare costs will foster healthcare IT market in U.S. across the forecast timeframe.
Global Healthcare Information Technology (IT) Market: Drivers and Restraints: This section of the Healthcare Information Technology (IT) Market Analysis report we are covering various drivers and restraints that have affected the global Healthcare Information Technology (IT) market. The complete study of plentiful drivers of the market enables market professionals to get a clear viewpoint of the Healthcare Information Technology (IT) market share, which consists of Healthcare Information Technology (IT) industry environment, advancement market, product innovations, latest developments, and Healthcare Information Technology (IT) market risks.
Read Full Report at: Healthcare Information Technology (IT) Market
Major Highlights from Table of contents are listed below for quick lookup into Healthcare Information Technology (IT) Market report
Chapter 1. Competitive Landscape
- Company market share
- Healthcare Information Technology (IT) Market Competitive analysis of key market players
- Competitive analysis of other prominent vendors
Chapter 2. Company Profiles
- Business Overview
- Financial Data
- Product portfolio
- Strategic Outlook
- SWOT Analysis
Chapter 3. Methodology & Scope
- Methodology
- Initial data exploration
- Healthcare Information Technology (IT) Market Statistical model and forecast
- Industry insights and validation
- Healthcare Information Technology (IT) Market Scope
- Definition
- Methodology and forecast parameters
- Data Sources
Chapter 4. Executive Summary
- Healthcare Information Technology (IT) industry 360º synopsis – 2025
- Healthcare Information Technology (IT) Business trends
- Region trends
Chapter 5. Healthcare Information Technology (IT) industry Insights
- Healthcare Information Technology (IT) Industry segmentation
- Industry landscape 2025
- Industry Pitfalls and Challenges
- Threat of new entrants
- Threat of substitutes
- Healthcare Information Technology (IT) Market Growth potential analysis
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The MarketWatch News Department was not involved in the creation of this content.