QatarBusinessToday.com
No Result
View All Result
  • About Us
  • Contact Us
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
Submit a Press Release
  • Business
  • Energy
  • Finance
  • Healthcare
  • Real Estate
  • Travel
  • Tech
  • Middle East
  • Press Releases
No Result
View All Result
QatarBusinessToday.com
Submit PR
Home Press Releases

Healthcare IT Market worth $821.1 billion by 2026

Newsroom by Newsroom
July 1, 2022
Share on FacebookShare on Twitter


(EMAILWIRE.COM, July 01, 2022 ) Expected Revenue Gains:

The global Healthcare IT market is projected to reach USD 821.1 billion by 2026 from USD 326.1 billion in 2021, at a CAGR of 20.3% during the forecast period.

Growth Driving Factors:

The growth of this market is majorly attributed to government mandates & support for healthcare IT solutions; rising use of big data in healthcare; high returns on investment associated with healthcare IT solutions; the need to curtail escalating healthcare costs; the growing demand for and use of HCIT solutions due to COVID-19; and the growing mHealth, telehealth, and remote patient monitoring markets. On the other hand, IT infrastructural constraints in developing countries, the high cost of deployment of HCIT solutions for small and medium-sized hospitals in emerging countries, and resistance from traditional healthcare providers.

By product and services type segment, the healthcare provider solutions segment accounted for the largest market share during the forecast period.

Based on products and services, the healthcare IT market has been segmented into healthcare provider solutions, healthcare payer solutions and HCIT outsourcing services. The factors attributing to the large revenue of the healthcare provider solutions segment include the need to control the growing healthcare costs and improve the efficiency of healthcare services by reducing medical errors.

Download PDF Brochure@

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252

Clinical healthcare IT solutions accounted for the largest market share in the healthcare provider solutions segment during the forecast period.

In the healthcare provider solutions segment, clinical healthcare IT solutions accounted for the largest market share during the forecast period. This can be attributed to the increasing demand for improved patient safety and patient care, stringent regulations, and the increasing need for integrated healthcare systems.

In the segment of the healthcare payer solutions, claims management solutions accounted for the largest market share during the forecast period.

Under the segment of the healthcare payer solutions, claims management solutions held the largest share during the forecast period. Growth in this market is mainly driven by the frequent need for upgrades in software applications.

North America dominates the Healthcare IT market during the forecast period.

North America accounted for the largest share of the Healthcare IT market in 2020. Stringent legislative and accreditation requirements regarding healthcare, the high adoption rate of HCIT technologies, regulatory requirements regarding patient safety, and the presence of a large number of IT companies in North America are the major factor contributing to this.

Leading Companies:

The major players in the global healthcare IT market include Optum (US), Cerner (US), Cognizant (US), Change Healthcare (US), Philips Healthcare (Netherlands), Epic Systems (US), Dell Technologies (US), Allscripts (US), GE Healthcare (US), IBM (US), athenahealth (US), eClinicalWorks (US), Oracle Corporation (US), Conduent (US), Infor (US), Tata Consultancy Services (India), Wipro Limited (India), Conifer Health (US), Nuance (US), 3M (US), Inovalon (US), InterSystems (US), Carestream Health (US), Orion Health (US), Practice Fusion (US), and SAS Institute (US).

Request Sample Pages@

https://www.marketsandmarkets.com/requestsampleNew.asp?id=252



Source link

Previous Post

Smart Manufacturing Market Worth $446.24 Billion by 2029 at a CAGR of 21.5%

Next Post

Sanofi launches global health brand with non-profit treatments

Related Posts

Payday Loans Market expected to Reach USD 51.98 Billion by 2029 at a CAGR of 4.42 percent
Press Releases

Payday Loans Market expected to Reach USD 51.98 Billion by 2029 at a CAGR of 4.42 percent

October 1, 2023
Diamond Wire Saw Market expected to reach USD 1.70 Billion by 2029 at a CAGR of 5.1 percent
Press Releases

Diamond Wire Saw Market expected to reach USD 1.70 Billion by 2029 at a CAGR of 5.1 percent

October 1, 2023
Pickleball Market expected to reach USD 2.64 Billion by 2029 at a CAGR of 10.2 percent
Press Releases

Pickleball Market expected to reach USD 2.64 Billion by 2029 at a CAGR of 10.2 percent

October 1, 2023
Voltage Transformer Market expected to reach USD 37.17 Billion by 2029 at a CAGR of 7.2 percent
Press Releases

Voltage Transformer Market expected to reach USD 37.17 Billion by 2029 at a CAGR of 7.2 percent

October 1, 2023
Press Releases

4 Reasons Why Credit Cards May Be a Better Choice Than Debit Cards

September 30, 2023
Press Releases

What Are Time Deposits? What Are Their Benefits?

September 30, 2023

Recommended Stories

Rubber Market to grow at a CAGR of 6.5 percent during the forecast period

Rubber Market to grow at a CAGR of 6.5 percent during the forecast period

June 18, 2023

QF’s Stars of Science innovators tackle environmental challenges

September 26, 2022

Enterprise Mobility Management (EMM) Market Growth, Competitive Analysis 2022

October 14, 2022

Popular Stories

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • Exchange goods, vehicles, or property for crypto on Bazaars

    0 shares
    Share 0 Tweet 0
  • Rastec Real Estate holds groundbreaking for mixed-use building project

    0 shares
    Share 0 Tweet 0
  • Qatari Ministry, Meta partnership seeks growth of digital innovation ecosystem

    0 shares
    Share 0 Tweet 0
  • Al Futtaim Group Real Estate partners with TIER Mobility for micro-mobility services at Dubai Festival City – MEConstructionNews.com

    0 shares
    Share 0 Tweet 0

Qatar Business Today™ publishes and aggregates business, socio-economic, Tech and industrial news on Qatar, Middle East and North Africa (MENA)..

Press release distribution services:

We provide press release distribution to media in Qatar, the Arab world and the GCC/MENA regions. Submit a press release today, contact us.

Recent News

.
  • Double Delivery: Qatar Airways Receives 2 Boeing 787-9 … – Simple Flying
  • ANOTHER NEW BEGINNING IN QATAR – Newsroom Pirelli
  • Qatar, Uzbekistan sign documents on strengthening multifaceted co … – Trend News Agency
  • Qatar Central Bank credits economic diversification for £2.17 billion … – Doha News

Categories

Business
Energy
Finance
Healthcare
Real Estate
Travel
Tech
Middle East
Press Releases

Subscribe to Our Newsletter

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Business
    • Energy
    • Finance
    • Healthcare
    • Real Estate
    • Tech
    • Travel
    • Middle East
    • Press Releases
    • About Us
      • Contact Us
      • Submit a Press Release

    Qatar Business Today™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC