Overview

Healthcare IT Market Introduction:

Healthcare IT Market is estimated to value over USD 507 billion by 2027 end and register a CAGR of over 14.7% during the forecast period 2020 to 2027.

The advent of social media and its significant influence on the healthcare IT industry and the rising insistence for paperless technologies are some of the key factors steering the current healthcare IT market growth. Furthermore, increased government funding, a good return on investments and different initiatives taken by the associations for improving healthcare infrastructure and services are the other factors responsible for the market growth.

The services segment includes both professional services and maintenance and support. The services segment accounted for the largest healthcare IT market share in 2018 and is predicted to proliferate substantially over the forecast period. Since the usage of IT in the healthcare sector, the data volume is continuously increasing; data maintenance and storage costs have increased in recent years. Moreover, healthcare institutions have a dearth of skilled IT professionals who can handle such a massive amount of data. Therefore, the increasing cost coupled with a dearth of skilled professionals has resulted in many institutions opting for the support and maintenance services offered by healthcare IT firms.

In addition to the supporting and maintenance services, analytics, which accounts for a substantial healthcare IT market share, is also being offered by key players, for instance, Philips, GE Healthcare, IBM, etc. With the introduction and emergence of technology based on cloud services in the healthcare sector, the services segment share has gone up substantially. 

Key market players included in the healthcare IT industry are Optum, Cerner Corp., Cognizant, Change Healthcare, Philips, EPIC Systems Corp., del Technologies, Allscripts, Athenahealth, General Electric, Conduent, Conifer, Nuance, 3M, Oracle, IBM, Inovalon, Infor, Intersystems, Tata Consultancy Services.

Healthcare IT Market Segmentation:

By Product & Service

• Healthcare Provider Solutions
• Healthcare Payer Solutions
• HCIT Outsourcing Services

By Component

• Services
• Software
• Hardware

By End User

• Healthcare Providers
• Healthcare Payers

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the healthcare IT market by product & service, by component, by end user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, industry-specific restraints and opportunities)
• To forecast and evaluate micro-markets and the overall market 
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
• To record, evaluate and analyse competitive landscape mapping- technological advancements, product launches, expansions and mergers 

Flexible Delivery Model:

•    We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
•    The customization Mobility Care offered are free of charge with purchase of any license of the report
•    You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents

1. Market Introduction
           1.1. Objectives of the Study 
           1.2. Market Definition 
           1.3. Market Scope 
                   1.3.1. Years Considered for the Study
                   1.3.2. Market Covered
           1.4. Currency 
           1.5. Limitations 
           1.6. Stakeholders 
 2.  Research Methodology 
           2.1. Research Data 
                   2.1.1. Secondary Data
                           2.1.1.1. Key Data from Secondary Sources
                   2.1.2. Primary Data
                            2.1.2.1. Key Data from Primary Sources
           2.2. Market Size Estimation 
           2.3. Market Breakdown and Data Triangulation 
           2.4. Assumptions for the Study  
3. Executive Summary
           3.1. Market Outlook
           3.2. Segment Outlook
           3.3. Competitive Insights
4. Global Healthcare IT Market Variables, Trends & Scope
           4.1. Market Lineage Outlook
           4.2. Penetration and Growth Prospect Mapping
           4.3. Industry Value Chain Analysis
           4.4. Cost Analysis Breakdown
           4.5. Technology Overview
           4.6. Regulatory Framework
                 4.6.1. Reimbursement Framework
                 4.6.2. Standards and Compliances
5. Global Healthcare IT Market Overview
           5.1. Market Dynamics
                  5.1.1. Market Driver Analysis
                             5.1.1.1. Increasing focus of Healthcare IT Companies on Brand Protection
                             5.1.1.2. Untapped Opportunities in Emerging Regions
                  5.1.2. Market Restraint Analysis
                             5.1.2.1. High Cost Associated with Implementation of Predictive Analysis
                  5.1.3. Industry Challenges
                             5.1.3.1. Presence of Ambiguous Regulatory Framework
6. Global Healthcare IT Market Analysis Tools
           6.1. Industry Analysis - Porter’s
                   6.1.1. Supplier Power
                   6.1.2. Buyer Power
                   6.1.3. Substitution Threat
                   6.1.4. Threat from New Entrants
                   6.1.5. Competitive Rivalry
           6.2. Pestel Analysis
                   6.2.1. Political Landscape
                   6.2.2. Environmental Landscape
                   6.2.3. Social Landscape
                   6.2.4. Technology Landscape
                   6.2.5. Legal Landscape
           6.3. Major Deals And Strategic Alliances Analysis
                   6.3.1. Joint Ventures
                   6.3.2. Mergers and Acquisitions
                   6.3.3. Licensing and Partnership
                   6.3.4. Technology Collaborations
                   6.3.5. Strategic Divestments
           6.4. Market Entry Strategies
           6.5. Case Studies
7. Global Healthcare IT Market, By Product & Service Historical Analysis and Forecast 2020-2027 (USD Million)
           7.1 Healthcare Provider Solutions
                 7.1.1 Clinical Solutions
                           7.1.1.1 EHR
                           7.1.1.2 Population Health Management Solutions
                           7.1.1.3 Specialty Information Management Systems
                           7.1.1.4 PACS & VNA
                           7.1.1.5 Mobile Health Applications
                           7.1.1.6 HCIT Integration Systems
                           7.1.1.7 Telehealth Solutions
                           7.1.1.8 Medical Image Analysis Systems
                           7.1.1.9 Laboratory Information Systems
                           7.1.1.10 Practice Management Systems
                           7.1.1.11 Clinical Decision Support Systems
                           7.1.1.12 Eprescribing Solutions
                           7.1.1.13 Radiology Information Systems
                           7.1.1.14 Computerized Physician Order Entry Systems
                           7.1.1.15 Cardiovascular Information Systems
                           7.1.1.16 Patient Registry Software
                           7.1.1.17 Infection Surveillance Solutions
                           7.1.1.18 Radiation Dose Management Solutions
                  7.1.2 Non-Clinical Healthcare IT Solutions
                            7.1.2.1 Healthcare Asset Management Solutions
                            7.1.2.2 Revenue Cycle Management Solutions
                                          7.1.2.2.1 Front-End RCM Solutions
                                          7.1.2.2.2 Mid-RCM Solutions
                                          7.1.2.2.3 Back-End RCM
                            7.1.2.3 Healthcare Analytics
                                          7.1.2.3.1 Clinical Analytics
                                          7.1.2.3.2 Financial Analytics
                                          7.1.2.3.3 Operational and Administrative Analytics
                            7.1.2.4 Customer Relationship Management Solutions
                            7.1.2.5 Pharmacy Information Systems
                            7.1.2.6 Healthcare Interoperability Solutions
                            7.1.2.7 Healthcare Quality Management Solutions
                            7.1.2.8 Supply Chain Management Solutions
                                          7.1.2.8.1 Procurement Management Solutions
                                          7.1.2.8.2 Inventory Management Solutions
                             7.1.2.9 Medication Management Systems
                                          7.1.2.9.1 Electronic Medication Administration Systems
                                          7.1.2.9.2 Barcode Medication Administration Systems
                                          7.1.2.9.3 Medication Inventory Management Systems
                                          7.1.2.9.4 Medication Assurance Systems
                             7.1.2.10 Workforce Management Solutions
                             7.1.2.11 Financial Management Systems (Billing & Accounting)
                             7.1.2.12 Healthcare Information Exchanges
                             7.1.2.13 Medical Document Management Solutions
           7.2 Healthcare Payer Solutions
                  7.2.1 Claims Management Solutions
                  7.2.2 Population Health Management Solutions
                  7.2.3 Pharmacy Audit and Analysis Solutions
                  7.2.4 Payment Management Solutions
                  7.2.5 Customer Relationship Management Solutions
                  7.2.6 Member Eligibility Management Solutions
                  7.2.7 Fraud Analytics Solutions
                  7.2.8 Provider Network Management Solutions
           7.3 HCIT Outsourcing Services
                  7.3.1 IT Infrastructure Management Services
                  7.3.2 Payer HCIT Outsourcing Services
                            7.3.2.1 Claims Management Services
                            7.3.2.2 Provider Network Management Services
                            7.3.2.3 Billing and Accounts Management Services
                            7.3.2.4 Fraud Analytics Services
                            7.3.2.5 Other Payer HCIT Outsourcing Services
                  7.3.3 Provider HCIT Outsourcing Services
                            7.3.3.1 Revenue Cycle Management Services
                            7.3.3.2 EMR/Medical Documents Management Services
                            7.3.3.3 Laboratory Information Management Services
                            7.3.3.4 Other Provider HCIT Outsourcing Services
                  7.3.4 Operational HCIT Outsourcing Services
                            7.3.4.1 Supply Chain Management Services
                            7.3.4.2 Business Process Management Services
                            7.3.4.3 Other Operational IT Outsourcing Services
8. Global Healthcare IT Market, By Component Historical Analysis and Forecast 2020-2027 (USD Million)
           8.1. Services
           8.2. Software
           8.3. Hardware
9. Global Healthcare IT Market, By End User Historical Analysis and Forecast 2020-2027 (USD Million)
           9.1. Healthcare Providers
           9.2. Healthcare Payers
10. North America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
           10.1. Introduction
           10.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
                     10.2.1. U.S.A
                     10.2.2. Canada
                     10.2.3. Mexico
           10.3. Market Size (USD Million) Forecast for North America 2020-2027 
11. Latin America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
           11.1. Introduction
           11.2. Regional Market Trends
           11.3. Historical Market Size (USD Million) Analysis By Country, 2015-2019
                     11.3.1. Brazil
                     11.3.2. Venezuela
                     11.3.3. Argentina
                     11.3.4. Rest of Latin America
           11.4. Market Size (USD Million) Forecast for Latin America 2020-2027  
12. Europe Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
           12.1. Introduction
           12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
                     12.2.1. Germany
                     12.2.2. U.K
                     12.2.3. France
                     12.2.4. Italy
                     12.2.5. Spain
                     12.2.6. Russia
                     12.2.7. Poland
                     12.2.8. Switzerland
                     12.2.9. Rest of Western Europe
           12.3. Market Size (USD Million) Forecast for Europe 2020-2027
13. Asia Pacific Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
           13.1. Introduction
           13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
                     13.2.1. Japan
                     13.2.2. China
                     13.2.3. Singapore
                     13.2.4. India
                     13.2.5. Australia and New Zealand
                     13.2.6. ASEAN
                     13.2.7. South Korea
                     13.2.8. Taiwan
                     13.2.9. Rest of Asia Pacific
           13.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027
14. Middle East and Africa Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
           14.1. Introduction
           14.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
                     14.2.1. Saudi Arabia
                     14.2.2. UAE
                     14.2.3. South Africa
                     14.2.4. Egypt
           14.3. Market Size (USD Million) Forecast for MEA 2020-2027
15. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and Disease Indication Portfolio, Financial Layouts)
           15.1. Optum
                     15.1.1. Company Overview
                     15.1.2. Product Portfolio
                     15.1.3. SWOT Analysis
                     15.1.4. Financial Overview
                     15.1.5. Strategic Overview
           15.2. Cerner Corp.
                     15.2.1. Company Overview
                     15.2.2. Product Portfolio
                     15.2.3. SWOT Analysis
                     15.2.4. Financial Overview
                     15.2.5. Strategic Overview
           15.3. Cognizant
                     15.3.1. Company Overview
                     15.3.2. Product Portfolio
                     15.3.3. SWOT Analysis
                     15.3.4. Financial Overview
                     15.3.5. Strategic Overview
           15.4. Change Healthcare
                     15.4.1. Company Overview
                     15.4.2. Product Portfolio
                     15.4.3. SWOT Analysis
                     15.4.4. Financial Overview
                     15.4.5. Strategic Overview
           15.5 Philips
                     15.5.1. Company Overview
                     15.5.2. Product Portfolio
                     15.5.3. SWOT Analysis
                     15.5.4. Financial Overview
                     15.5.5. Strategic Overview
           15.6 EPIC Systems Corp.
                     15.6.1. Company Overview
                     15.6.2. Product Portfolio
                     15.6.3. SWOT Analysis
                     15.6.4. Financial Overview
                     15.6.5. Strategic Overview
           15.7. del Technologies
                     15.7.1. Company Overview
                     15.7.2. Product Portfolio
                     15.7.3. SWOT Analysis
                     15.7.4. Financial Overview
                     15.7.5. Strategic Overview
           15.8. Allscripts
                     15.8.1. Company Overview
                     15.8.2. Product Portfolio
                     15.8.3. SWOT Analysis
                     15.8.4. Financial Overview
                     15.8.5. Strategic Overview
           15.9. Athenahealth
                     15.9.1. Company Overview
                     15.9.2. Product Portfolio
                     15.9.3. SWOT Analysis
                     15.9.4. Financial Overview
                     15.9.5. Strategic Overview
           15.10. General Electric
                     15.10.1. Company Overview
                     15.10.2. Product Portfolio
                     15.10.3. SWOT Analysis
                     15.10.4. Financial Overview
                     15.10.5. Strategic Overview
           15.11 Conduent
                     15.11.1. Company Overview
                     15.11.2. Product Portfolio
                     15.11.3. SWOT Analysis
                     15.11.4. Financial Overview
                     15.11.5. Strategic Overview
           15.12. Conifer
                     15.2.1. Company Overview
                     15.2.2. Product Portfolio
                     15.2.3. SWOT Analysis
                     15.2.4. Financial Overview
                     15.2.5. Strategic Overview
           15.13. Nuance
                     15.3.1. Company Overview
                     15.3.2. Product Portfolio
                     15.3.3. SWOT Analysis
                     15.3.4. Financial Overview
                     15.3.5. Strategic Overview
           15.14. 3M
                     15.4.1. Company Overview
                     15.4.2. Product Portfolio
                     15.4.3. SWOT Analysis
                     15.4.4. Financial Overview
                     15.4.5. Strategic Overview
           15.15 Oracle
                     15.5.1. Company Overview
                     15.5.2. Product Portfolio
                     15.5.3. SWOT Analysis
                     15.5.4. Financial Overview
                     15.5.5. Strategic Overview
           15.16 IBM
                     15.6.1. Company Overview
                     15.6.2. Product Portfolio
                     15.6.3. SWOT Analysis
                     15.6.4. Financial Overview
                     15.6.5. Strategic Overview
           15.17. Inovalon
                     15.7.1. Company Overview
                     15.7.2. Product Portfolio
                     15.7.3. SWOT Analysis
                     15.7.4. Financial Overview
                     15.7.5. Strategic Overview
           15.18. Infor
                     15.8.1. Company Overview
                     15.8.2. Product Portfolio
                     15.8.3. SWOT Analysis
                     15.8.4. Financial Overview
                     15.8.5. Strategic Overview
           15.19. Intersystems
                     15.9.1. Company Overview
                     15.9.2. Product Portfolio
                     15.9.3. SWOT Analysis
                     15.9.4. Financial Overview
                     15.9.5. Strategic Overview
           15.20. Tata Consultancy Services
                     15.10.1. Company Overview
                     15.10.2. Product Portfolio
                     15.10.3. SWOT Analysis
                     15.10.4. Financial Overview
                     15.10.5. Strategic Overview
16. FutureWise SME Key Takeaway Points for Client

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