Healthcare IT Market Projections & Future Opportunities Recorded for the Period until 2030
Healthcare IT Market was pegged at $141.45 billion in 2016 and is projected to garner $297.49 billion by 2022, registering a CAGR of 13.2% from 2016 to 2022.
PORTLAND, OREGON, UNITED STATES, February 1, 2022 /EINPresswire.com/ -- The global healthcare IT market is divided on the basis of product, end user, and geography. Based on product, the market is segmented into healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. The healthcare provider solutions segment dominated the market in terms of revenue, accounting for more than six-tenths of the market in 2016. Moreover, the segment is expected to manifest the fastest CAGR of 16.2% during the forecast period.
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The global healthcare IT market report provides detailed analysis of the major market players such as McKesson Corporation, Allscripts Healthcare Solutions, Inc., United Healthcare Group, Epic Systems Corporation, Athenahealth, Inc., Cerner Corporation, GE Healthcare, Koninklijke Philips N.V., and Oracle Corporation, Infor, Inc.
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โข By product type, the healthcare provider solutions segment held the largest healthcare IT market share in 2020, while healthcare payer solutions segment is expected to grow at highest CAGR of 8.1% from 2020 to 2030.
โข By end user, the healthcare providers segment held the largest market share in 2020 while healthcare payers segment is expected to grow at highest CAGR of 10.2% from 2020 to 2030.
โข By region, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 18.5% during the forecast period. On the other hand, North America is expected to lead the market over the forecast period
On the basis of end user, the market is bifurcated into healthcare providers, healthcare, and payers. The healthcare providers segment held the lionโs share in 2016, contributing nearly three-fourths of the market. Moreover, the market is expected to portray the fastest CAGR of 14.2% during the study period. On the other hand, the other segments are projected to show a gradual growth through 2022.
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The market is analyzed across various regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across North America held the largest share in 2016, contributing more than two-fifths of the total market. However, the market across the Asia-Pacific region is expected to portray the fastest CAGR of 15.3% through 2022.
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Q1. What is the market value of Healthcare IT Market report in forecast period?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Healthcare IT Market in 2021?
Q4. Which is base year calculated in the Healthcare IT Market report?
Q5. Does the Healthcare IT Market company is profiled in the report?
Q6. Which are the top companies hold the market share in Healthcare IT Market?
Q7. Does the Healthcare IT Market report provides Value Chain Analysis?
Q8. What are the key trends in the Healthcare IT Market report?
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