Global Healthcare IT Market Segmentation & Forecast to 2020

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Global Healthcare IT Market 2015 to 2020
No. Pages 382
Published on November-2015
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Report Overview
About Global Healthcare IT Market 2015 -
2020 Research Beam added report on Global
Healthcare IT Market 2015 - 2020. The healthcare
industry is undergoing a major transformation due
to the challenge of providing more cost-effective
personalized care. The push towards predictable
outcomes and higher quality of care is leading to
convergence of information technologies.
Healthcare IT systems are emerging as powerful
tools to create and maintain electronic health
records (EHRs) for maintaining the workflows in
the entire healthcare organization. The global
Healthcare IT market is expected to grow at a
CAGR of 13.4 during the forecast period (2015 to
2020). Majority of the demand for healthcare IT
solutions is driven by the growing need to reduce
healthcare costs while adhering to the regulatory
requirements set by government organizations for
ensuring safety, security, and confidentiality of
patient information. Get Full Details On
http//www.researchbeam.com/healthcare-it-2020-mnm
-market
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Report Overview
The growing adoption of health information
exchanges (HIEs) and EHR systems and improved
quality of care and clinical outcomes are some
other factors driving growth of the global
healthcare IT market. In addition to the demand
for information technology solutions from
healthcare providers, the growing need of
healthcare insurance providers to efficiently
manage an in-depth record of claims and
reimbursements is also expected to contribute to
the growth of the global healthcare IT market
during the forecast years. In 2014, North
America commanded the largest share of the global
Healthcare IT market, followed by Europe,
Asia-Pacific, Latin America, and the Middle East
and Africa. Developed geographies like North
America and Europe are likely to grow at a lower
CAGR as compared to the Asia-Pacific market,
which is expected to grow at the highest CAGR of
15.4 during the forecast period. Growth in the
Asia-Pacific region is largely driven by the
increasing government initiatives for eHealth,
rising medical tourism, and growing demand for
quality healthcare in this region.  
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Report Overview
In addition, factors such as increasing per
capita incomes in emerging countries such as
China and India are driving the growth of the
Asia-Pacific healthcare IT market. In this
report, the healthcare IT market is segmented by
product, end user, and geography. By product, the
healthcare IT market is segmented into healthcare
provider solutions, healthcare payer solutions,
and HCIT outsourcing services. In 2014, the
healthcare providers segment accounted for the
largest share of the global healthcare IT market.
This segment is poised to reach USD 157 billion
by 2020, growing at a CAGR of 16.4 during the
forecast period. The healthcare provider
solutions segment is further segmented into
clinical solutions and non-clinical solutions. In
2014, the non-clinical solutions segment
accounted for the largest share of 53 of the
global healthcare IT market. However, the
clinical solutions segment is expected to grow at
the highest CAGR of 19.8 during the forecast
period, owing to the increasing demand for
improved patient safety and patient care,
stringent regulations regarding healthcare
provider solutions, and the need for integrated
healthcare systems. 
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Report Overview
The healthcare payer solutions segment covered in
this report comprises pharmacy audit and analysis
solutions, claims management solutions,
computer-assisted coding solutions, customer
relationship management solutions, fraud
management solutions, care management solutions,
provider network management solutions, member
eligibility management solutions, medical
document management solutions, payment management
solutions, and other payer HCIT solutions. The
HCIT outsourcing services segment is further
categorized into provider IT outsourcing
services, payer IT outsourcing services,
operational IT outsourcing services, and IT
infrastructure management services. Growth of the
healthcare outsourcing services market is driven
by the growing focus of healthcare providers and
payers on minimizing operational costs of
healthcare delivery and maximizing profit
margins. On the basis of end users, the
healthcare IT market is segmented into healthcare
providers and healthcare payers. The healthcare
providers segment is further divided into
hospitals ambulatory care centers diagnostic
and imaging centers home healthcare agencies,
nursing homes, and assisted
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Report Overview
living centers and pharmacies. The healthcare
payers segment is further divided into public
payers and private payers. Healthcare providers
are the major end users of the healthcare IT
solutions. This segment accounted for a share of
73 of the healthcare IT market in 2014 owing
to the increasing number of patients, hospitals,
ambulatory care centers, and different healthcare
delivery setups, worldwide. It also represents
the fastest-growing end-user segment for
healthcare IT products. Some of the major
players in the healthcare IT market profiled in
this report include McKesson Corporation (U.S.),
Allscripts Healthcare Solutions, Inc. (U.S.),
athenahealth, Inc. (U.S.), Epic Systems
Corporation (U.S.), GE Healthcare (U.K.), Siemens
Healthcare (Germany), Cerner Corporation (U.S.),
and Carestream Health (U.S.). 
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Report Overview
Reasons to Buy the Report The report will enrich
established firms as well as new entrants/smaller
firms to gauge the pulse of the market, which in
turn would help them garner a greater market
share. Firms purchasing the report could use one
or any combination of the below-mentioned five
strategies (market penetration, product
development/innovation, market development,
market diversification, and competitive
assessment) for reaping greater market shares.
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Report Overview
This report provides insights on the following
pointers Market Penetration Comprehensive
information on product portfolios offered by top
players in the healthcare IT market. The report
analyzes the healthcare IT market by product and
end user across all regions Product
Development/Innovation Detailed insights on
upcoming trends, research and development
activities, and new product launches in the
healthcare IT market Market Development
Comprehensive information on the lucrative
emerging markets by product, end user, and
region Market Diversification Exhaustive
information about new products, growing regions,
recent developments, and investments in the
healthcare IT market Competitive Assessment
In-depth assessment of market shares, growth
strategies, products, distribution networks,
manufacturing capabilities, and SWOT analyses of
the leading players in the healthcare IT market
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Table Of Contents
Table Of Contents 1 Introduction 261.1
Objectives Of The Study 261.2 Market Definition
261.3 Market Scope 261.3.1 Markets Covered
271.3.2 Years Considered For The Study 321.4
Currency 321.5 Stakeholders 321.6 Limitations
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