Healthcare IT Market Regional Analysis and Growth Forecast during 2020 – 2026 - PowerPoint PPT Presentation

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Healthcare IT Market Regional Analysis and Growth Forecast during 2020 – 2026

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Driven by the challenges produced by the novel coronavirus outbreak, various medical and healthcare professionals have begun shifting their interests and practices towards digital platforms. – PowerPoint PPT presentation

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Title: Healthcare IT Market Regional Analysis and Growth Forecast during 2020 – 2026


1
Healthcare IT Market Regional Analysis and Growth
Forecast during 2020 2026
  • Driven by the challenges produced by the novel
    coronavirus outbreak, various medical and
    healthcare professionals have begun shifting
    their interests and practices towards digital
    platforms. Social distancing and lockdown has
    indeed enabled the global healthcare IT market to
    witness a phenomenal upsurge over the past few
    months, in turn compelling various industry
    majors to invest heftily in the business space.
  • As per news reports, WhatsApp had in early 2020,
    declared the launch of two initiatives in support
    of the global fight against COVID-19 pandemic, in
    partnership with the aforementioned organizations
    and a USD 1 million donation to the Poynter
    Institutes International Fact Checking Network.
    Such initiatives are anticipated to highlight the
    growth prospects of the global healthcare IT
    market, which as per reliable estimates is poised
    to account for USD 535.6 billion over 2020-2026.

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2
  • The unprecedented growth pace of the market is
    rightly attributed to the rising prevalence of
    chronic diseases like diabetes, CVDs, and
    obesity. This has indeed proliferated the demand
    for advanced healthcare services and paved way
    for mounting investments for enhancement of
    healthcare infrastructures. In fact, as per the
    IBEF statistics, over USD 3.2 billion were
    invested in Indias diagnostic centers and
    hospitals by foreign investors between 2015 to
    2020. This move certainly serves as a growth
    opportunity for the overall healthcare IT market
    expansion.
  • Considering the solutions segment, the healthcare
    IT market is further sub-segmented into
    electronic health record, picture archiving and
    communication systems, radiology information
    systems, computerized physician order entry,
    mhealth, telehealth, and others. Of these, the
    mhealth sector accounted an overall market share
    of 12.8 per cent and is poised to observe similar
    growth in the upcoming years, on the grounds of
    the products rising prominence globally aligned
    with its ease of use.
  • Elaborating further, the mhealth industry
    typically comprises health-related mobile
    applications and wearable devices. An example for
    the same is Kardia mobile device- a technology
    developed by AliveCor. It is probably an FDA and
    EU class II approved mobile technology used in
    clinical research. Speculations have it that the
    device is the clinically approved mobile ECG
    system which enables the users to yield an active
    role in cardiac health.

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  • Regional Analysis
  • Asia Pacific is likely to emerge as a lucrative
    growth ground for healthcare IT industry over the
    forthcoming years, ascribing to the rising
    disposable incomes and rapid transformation in
    the healthcare infrastructures. Moreover,
    initiatives and programs being rolled out by
    various governments of health council would
    further propel the market trends across the
    region, allowing it to stand tall in the overall
    industry.
  • Competitive Analysis
  • Agfa Healthcare, Allscripts Healthcare Solution,
    McKesson Corporation, Siemens Healthineers,
    Cerner Corporation, GE Healthcare, Oracle
    Corporation, elicnicalWorks, Athenahealth,
    Carestream Health, eMDs, Inc, Epic System
    Corporation, Experian Information Solutions, Inc,
    SAP, Koninklijke Philips N.V., NextGen Health
    Inc, HP Enterprise Development, L.P are some of
    the key players operating in the healthcare IT
    market.

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Latest Research Report On Healthcare IT Market _at_
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hcare-it-market
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