Global Healthcare IT Integration Market Forecast to 2027
According to a recent report by Emergen Research, the worldwide Healthcare IT Integration Market is anticipated to reach a value of USD 7.32 billion by 2027. Due to the increased demand for remote patient monitoring, the global market for healthcare IT integration is anticipated to grow significantly during the forecast period. Additionally, it is projected that throughout the forecast period, the demand for individualised care in the healthcare sector would fuel the worldwide healthcare IT integration market. The worldwide healthcare IT integration market is anticipated to grow over the course of the forecast period as a result of increased telehealth and e-health application use in the healthcare sector.
The latest report, titled ‘Global Healthcare IT Integration Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Healthcare IT Integration market scenario. The research report provides the reader with an in-depth interpretation of the Healthcare IT Integration market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Healthcare IT Integration industry. The market intelligence report is a prototype of the 360° overview of the global Healthcare IT Integration industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/healthcare-it-integration-market
Competitive Terrain:
The global Healthcare IT Integration industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Oracle Corporation, Allscripts Healthcare Solutions, Inc., NextGen Healthcare, Inc., Capsule Technologies, Inc., Tata Consultancy Services Ltd., CIOX Health LLC, Leidos Holdings, Inc., Nuance Communications, Inc., Dell Technologies Inc., Cognizant Technology Solutions Corporation
Research Report on the Healthcare IT Integration Market Addresses the Following Key Questions:
- Who are the dominant players of the Healthcare IT Integration market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Healthcare IT Integration market?
- What are the key growth drivers and restraining factors of the Healthcare IT Integration market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Healthcare IT Integration market and its key segments?
Market Overview:
The report bifurcates the Healthcare IT Integration market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2017–2027)
- Medical Device Integration
- Integration Engines
- Media Integration
Service Outlook (Revenue, USD Billion; 2017–2027)
- Training
- Implementation
- Maintenance & Support
Application Outlook (Revenue, USD Billion; 2017–2027)
- Clinic Integration
- Radiology Integration
- Lab Integration
- Hospital Integration
- Others
Regional Landscape section of the Healthcare IT Integration report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Healthcare IT Integration market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Highlights of Report
- In December 2020, Leidos Holdings, Inc. declared that it had signed a contract to acquire 1901 Group LLC. The acquisition would improve Leidos' role in the digital modernization industry and strengthen its capabilities for fast-paced markets of cloud and IT service.
- The integration engine segment is expected to lead the market during the forecast period, expanding at a CAGR of 11.3%. An integration engine is a healthcare integration platform that enables the functionality of care delivery for organizations. Integration engines aim to streamline the healthcare system from interfaces to business processes and operational practices.
- The implementation segment is expected to dominate the market throughout the forecast period, owing to increasing adoption of medical device integration in the healthcare sector
- During the forecast period, the hospital integration segment is projected to hold the largest market share. Healthcare IT integration facilitates efficient remote patient monitoring and accurate patient information sharing, which is anticipated to fuel this segment during the forecast period.
- During the forecast period, the hospitals segment is expected to retain the largest share of the global healthcare IT integration market, owing to advantages of healthcare IT integration in hospitals, such as improved patient safety, optimal coordination of services, improved access of patient records, improved quality monitoring, and decreased operating expenses.
- The North America region is anticipated to lead the global market during the forecast period, due to growing adoption of telehealth applications and rising government emphasis on improving patient care and medical facilities in the region
- Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
