Asia Pacific is likely to emerge as a lucrative growth ground for healthcare IT market 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.

The consumerization in information technology has achieved a tipping point, the impact of which has been felt across global healthcare IT market. The need to ensure security and comfort for patients has led to a major transformation in the medical industry, this has led to a path-breaking integration of healthcare and IT.

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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 product’s rising prominence globally aligned with its ease of use.

In terms of the end-user vertical, healthcare IT market is characterized by the pharmacies segment, which as per the report, seized a market share of 13.3 per cent in 2019. Transforming healthcare practices and rising inclination towards use of health IT solutions call in for the pharmacists to deploy a range of healthcare IT solutions. Further, e-prescribing is also witnessing a massive traction globally and is being installed by many pharmacies across various emerging economies. It encourages adoption of health IT due to its potential to augment patient safety by reducing the medication errors to a much larger extent.

Healthcare revenue cycle management market has gained considerable recognition over the years since it has an established presence of healthcare information technology companies that lead the market by offering supreme quality of software. The development and preference for big data analytics will magnify HRCM business growth in the coming times.

In certain cases, the novel technologies may also recognize their own limitations and switch to carbon-based lifeform that may make informed decision. Prominent healthcare information technology companies include Oracle Corporation, Allscripts Healthcare Solutions, McKesson Corporation, GE Healthcare and Experian Health, among various others.

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Partial Chapter of the Table of Content

Chapter 4.  Healthcare IT Market, By Solution

4.1. Key segment trends

4.2. Radiology information system

4.2.1.  Market size, by region, 2015 - 2026 (USD Million)

4.3. Electronic health record

4.3.1.  Market size, by region, 2015 - 2026 (USD Million)

4.4. Picture archiving and communication systems

4.4.1.  Market size, by region, 2015 - 2026 (USD Million)

4.5. Computerized physician order entry

4.5.1.  Market size, by region, 2015 - 2026 (USD Million)

4.6. Vendor neutral archives

4.6.1.  Market size, by region, 2015 - 2026 (USD Million)

4.7. mHealth

4.7.1.  Healthcare IT Market size, by region, 2015 - 2026 (USD Million)

4.8. Healthcare analytics

4.8.1.  Market size, by region, 2015 - 2026 (USD Million)

4.9. Telehealth

4.9.1.  Market size, by region, 2015 - 2026 (USD Million)

4.10. Supply chain management

4.10.1. Market size, by region, 2015 - 2026 (USD Million)

4.11. Customer relationship management

4.11.1. Market size, by region, 2015 - 2026 (USD Million)

4.12. Fraud management

4.12.1. Market size, by region, 2015 - 2026 (USD Million)

4.13. Revenue cycle management

4.13.1. Market size, by region, 2015 - 2026 (USD Million)

Charts & Figures

FIG. 1   Industry segmentation

FIG. 2   Global healthcare IT market, 2015 - 2026 (USD Million)

FIG. 3   Growth potential analysis, by solution

FIG. 4   Growth potential analysis, by end-use

FIG. 5   Porter’s analysis

FIG. 6   Strategy dashboard, 2019

FIG. 7   PESTEL analysis
 

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