Global Healthcare IT Market
Added: (Thu Nov 29 2018)
Pressbox (Press Release) -
Global Healthcare IT Market is expected to reach USD 440.28 Billion by 2024 from USD 135.04 Billion in 2016 at CAGR of 15.92% (Detailed analysis of the market CAGR is provided in the report).
Healthcare IT stands for solutions offered by information technology in the healthcare industry. The Healthcare IT solutions improve data management and safe exchange of health information among consumers, governments, and insurers. Furthermore, Healthcare IT delivers operational cost reduction, minimizing errors in a medical facility and increased successful outcomes.
Global Healthcare IT Market is segmented by product & services, component, end user, and geography. Product and services segment is classified as healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. Healthcare provider solutions segment id divided as clinical healthcare IT solutions and non-clinical healthcare IT solutions.
Healthcare payer solutions segment is sub-segmented as claims management solutions, analytics and fraud management solutions, member eligibility management solutions and others. HCIT outsourcing services segment is further classified as provider HCIT outsourcing services, payer HCIT outsourcing services, operational HCIT outsourcing services and others. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.
Rising need to curtail escalating healthcare costs, high return on investment for HCIT solutions are trending the overall Global Healthcare IT Market. However, reluctance among medical professionals to adopt advanced healthcare IT tools will restrain the market growth. APAC is expected to register the highest growth rate in Healthcare IT Market during the forecast period followed by North America and Europe. Increasing healthcare expenditure, rising medical tourism and government initiatives to create eHealth platforms, will fuel the Global Healthcare IT Market in the APAC region.
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More information for Report : https://www.maximizemarketresearch.com/market-report/global-healthcare-it-market/6414/