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Healthcare IT (HIT)-Global Market Insights and Sales Trends 2025
Synopsis
Healthcare providers are leveraging the usage of IT in their business processes. It has changed the way hospitals and physicians work; from the automation of simple processes in the Healthcare sector to its integration with the entire value chain of the Healthcare sector, HIT has come a long way. This development is focused on the Healthcare sector becoming more patient-centric.
The global Healthcare IT (HIT) market size is expected to reach US$ 300850 million by 2029, growing at a CAGR of 12.6% from 2023 to 2029. The market is mainly driven by the significant applications of Healthcare IT (HIT) in various end use industries. The expanding demands from the Hospitals, Ambulatory Care Centers, Home Healthcare Agencies and Nursing Homes, are propelling Healthcare IT (HIT) market. Electronic Health Records, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Computerized Provider Order Entry Systems segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Healthcare IT (HIT), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Healthcare IT (HIT) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Healthcare IT (HIT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Healthcare IT (HIT) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Healthcare IT (HIT) covered in this report include Accenture, Athenahealth, Cerner, Fujitsu, GE Healthcare, IBM and Philips Healthcare, etc.
The global Healthcare IT (HIT) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Accenture
Athenahealth
Cerner
Fujitsu
GE Healthcare
IBM
Philips Healthcare
Global Healthcare IT (HIT) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Healthcare IT (HIT) market, Segment by Type:
Electronic Health Records
Computerized Provider Order Entry Systems
Electronic Prescribing Systems
PACS
Lab Information Systems
Clinical Information Systems
Telemedicine and Telehealth
Global Healthcare IT (HIT) market, by Application
Hospitals
Ambulatory Care Centers
Home Healthcare Agencies
Nursing Homes
Assisted Living Facilities
Diagnostic and Imaging Centers
Pharmacies
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Healthcare IT (HIT) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Healthcare providers are leveraging the usage of IT in their business processes. It has changed the way hospitals and physicians work; from the automation of simple processes in the Healthcare sector to its integration with the entire value chain of the Healthcare sector, HIT has come a long way. This development is focused on the Healthcare sector becoming more patient-centric.
The global Healthcare IT (HIT) market size is expected to reach US$ 300850 million by 2029, growing at a CAGR of 12.6% from 2023 to 2029. The market is mainly driven by the significant applications of Healthcare IT (HIT) in various end use industries. The expanding demands from the Hospitals, Ambulatory Care Centers, Home Healthcare Agencies and Nursing Homes, are propelling Healthcare IT (HIT) market. Electronic Health Records, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Computerized Provider Order Entry Systems segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Healthcare IT (HIT), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Healthcare IT (HIT) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Healthcare IT (HIT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Healthcare IT (HIT) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Healthcare IT (HIT) covered in this report include Accenture, Athenahealth, Cerner, Fujitsu, GE Healthcare, IBM and Philips Healthcare, etc.
The global Healthcare IT (HIT) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Accenture
Athenahealth
Cerner
Fujitsu
GE Healthcare
IBM
Philips Healthcare
Global Healthcare IT (HIT) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Healthcare IT (HIT) market, Segment by Type:
Electronic Health Records
Computerized Provider Order Entry Systems
Electronic Prescribing Systems
PACS
Lab Information Systems
Clinical Information Systems
Telemedicine and Telehealth
Global Healthcare IT (HIT) market, by Application
Hospitals
Ambulatory Care Centers
Home Healthcare Agencies
Nursing Homes
Assisted Living Facilities
Diagnostic and Imaging Centers
Pharmacies
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Healthcare IT (HIT) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Healthcare IT (HIT)
1.1 Healthcare IT (HIT) Market Overview
1.1.1 Healthcare IT (HIT) Product Scope
1.1.2 Healthcare IT (HIT) Market Status and Outlook
1.2 Global Healthcare IT (HIT) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Healthcare IT (HIT) Market Size by Region (2018-2029)
1.4 Global Healthcare IT (HIT) Historic Market Size by Region (2018-2023)
1.5 Global Healthcare IT (HIT) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Healthcare IT (HIT) Market Size (2018-2029)
1.6.1 North America Healthcare IT (HIT) Market Size (2018-2029)
1.6.2 Europe Healthcare IT (HIT) Market Size (2018-2029)
1.6.3 Asia-Pacific Healthcare IT (HIT) Market Size (2018-2029)
1.6.4 Latin America Healthcare IT (HIT) Market Size (2018-2029)
1.6.5 Middle East & Africa Healthcare IT (HIT) Market Size (2018-2029)
2 Healthcare IT (HIT) Market by Type
2.1 Introduction
2.1.1 Electronic Health Records
2.1.2 Computerized Provider Order Entry Systems
2.1.3 Electronic Prescribing Systems
2.1.4 PACS
2.1.5 Lab Information Systems
2.1.6 Clinical Information Systems
2.1.7 Telemedicine and Telehealth
2.2 Global Healthcare IT (HIT) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Healthcare IT (HIT) Historic Market Size by Type (2018-2023)
2.2.2 Global Healthcare IT (HIT) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Healthcare IT (HIT) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Healthcare IT (HIT) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Healthcare IT (HIT) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Healthcare IT (HIT) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Healthcare IT (HIT) Revenue Breakdown by Type (2018-2029)
3 Healthcare IT (HIT) Market Overview by Application
3.1 Introduction
3.1.1 Hospitals
3.1.2 Ambulatory Care Centers
3.1.3 Home Healthcare Agencies
3.1.4 Nursing Homes
3.1.5 Assisted Living Facilities
3.1.6 Diagnostic and Imaging Centers
3.1.7 Pharmacies
3.2 Global Healthcare IT (HIT) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Healthcare IT (HIT) Historic Market Size by Application (2018-2023)
3.2.2 Global Healthcare IT (HIT) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Healthcare IT (HIT) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Healthcare IT (HIT) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Healthcare IT (HIT) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Healthcare IT (HIT) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Healthcare IT (HIT) Revenue Breakdown by Application (2018-2029)
4 Healthcare IT (HIT) Competition Analysis by Players
4.1 Global Healthcare IT (HIT) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Healthcare IT (HIT) as of 2022)
4.3 Date of Key Players Enter into Healthcare IT (HIT) Market
4.4 Global Top Players Healthcare IT (HIT) Headquarters and Area Served
4.5 Key Players Healthcare IT (HIT) Product Solution and Service
4.6 Competitive Status
4.6.1 Healthcare IT (HIT) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Accenture
5.1.1 Accenture Profile
5.1.2 Accenture Main Business
5.1.3 Accenture Healthcare IT (HIT) Products, Services and Solutions
5.1.4 Accenture Healthcare IT (HIT) Revenue (US$ Million) & (2018-2023)
5.1.5 Accenture Recent Developments
5.2 Athenahealth
5.2.1 Athenahealth Profile
5.2.2 Athenahealth Main Business
5.2.3 Athenahealth Healthcare IT (HIT) Products, Services and Solutions
5.2.4 Athenahealth Healthcare IT (HIT) Revenue (US$ Million) & (2018-2023)
5.2.5 Athenahealth Recent Developments
5.3 Cerner
5.3.1 Cerner Profile
5.3.2 Cerner Main Business
5.3.3 Cerner Healthcare IT (HIT) Products, Services and Solutions
5.3.4 Cerner Healthcare IT (HIT) Revenue (US$ Million) & (2018-2023)
5.3.5 Fujitsu Recent Developments
5.4 Fujitsu
5.4.1 Fujitsu Profile
5.4.2 Fujitsu Main Business
5.4.3 Fujitsu Healthcare IT (HIT) Products, Services and Solutions
5.4.4 Fujitsu Healthcare IT (HIT) Revenue (US$ Million) & (2018-2023)
5.4.5 Fujitsu Recent Developments
5.5 GE Healthcare
5.5.1 GE Healthcare Profile
5.5.2 GE Healthcare Main Business
5.5.3 GE Healthcare Healthcare IT (HIT) Products, Services and Solutions
5.5.4 GE Healthcare Healthcare IT (HIT) Revenue (US$ Million) & (2018-2023)
5.5.5 GE Healthcare Recent Developments
5.6 IBM
5.6.1 IBM Profile
5.6.2 IBM Main Business
5.6.3 IBM Healthcare IT (HIT) Products, Services and Solutions
5.6.4 IBM Healthcare IT (HIT) Revenue (US$ Million) & (2018-2023)
5.6.5 IBM Recent Developments
5.7 Philips Healthcare
5.7.1 Philips Healthcare Profile
5.7.2 Philips Healthcare Main Business
5.7.3 Philips Healthcare Healthcare IT (HIT) Products, Services and Solutions
5.7.4 Philips Healthcare Healthcare IT (HIT) Revenue (US$ Million) & (2018-2023)
5.7.5 Philips Healthcare Recent Developments
6 North America
6.1 North America Healthcare IT (HIT) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Healthcare IT (HIT) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Healthcare IT (HIT) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Healthcare IT (HIT) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Healthcare IT (HIT) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Healthcare IT (HIT) Market Dynamics
11.1 Healthcare IT (HIT) Industry Trends
11.2 Healthcare IT (HIT) Market Drivers
11.3 Healthcare IT (HIT) Market Challenges
11.4 Healthcare IT (HIT) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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