Major Growth Boosting Factors: The growth in the healthcare IT market is mainly driven by 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 …
Driver: Rising use of big data In the last few years, the volume of electronic data produced in the healthcare industry has expanded to terabytes and petabytes, primarily due to the digitization of administrative, clinical, and financial information. With the volume growing almost twofold every …
Projected Surge in Revenue Generation: 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 Boosting Factors: The growth in the healthcare IT market is …
COVID19 Impact: Due to the COVID-19 outbreak, medical practices of all sizes are under immense pressure, and healthcare facilities across the globe have been overwhelmed by the large number of patients visiting them on a daily basis. The rising prevalence of coronavirus disease has driven …
Overview of This Study: This study involved four major activities in estimating the current size of the healthcare IT market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The next step was to validate …
Objectives of the Study: # To define, describe, and forecast the healthcare IT market based on product & service, component, end user, and region # To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) …
Expected Revenue Growth:The healthcare IT market is projected to reach USD 390.7 billion by 2024 from USD 187.6 billion in 2019, at a CAGR of 15.8% during the forecast period. The demand for healthcare IT solutions and services is driven by government mandates & support …
Expected Growth in Revenue Generation: The healthcare IT market is projected to reach USD 390.7 billion by 2024 from USD 187.6 billion in 2019, at a CAGR of 15.8% during the forecast period. Major Growth Boosting Factors The demand for healthcare IT solutions and services …
Market Size Estimation: Both top-down and bottom-up approaches were used to estimate and validate the total size of the healthcare IT market. These methods were also used to estimate the size of various subsegments in the market. The research methodology used to estimate the market …
Research Methodologies Used in This Study:Secondary Research:In the secondary research process, various secondary sources such as annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles by recognized authors; trade directories; and databases such as D&B Hoovers and Bloomberg Business week …
Research Methodologies Used in This Study: Secondary Research: In the secondary research process, various secondary sources such as annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles by recognized authors; trade directories; and databases such as D&B Hoovers and Bloomberg …
What This Report Will Provide: This study involved four major activities in estimating the current size of the healthcare it market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to …
The market for healthcare information technology is driven primarily by the rising incidence of COVID-19, government mandates, support and initiatives for HCIT solutions, the increasing use of big data in healthcare, high returns on investment for HCIT solutions, and the need to curtail escalating healthcare …
Major Objectives of this Study:# To define, describe, and forecast the healthcare IT market based on product & service, component, end user, and region. # To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). # To strategically analyze micromarkets1 …