The global Healthcare IT (HIT) market was valued at US$ 133350 million in 2022 and is projected to reach US$ 296590 million by 2029, at a CAGR of 12.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Healthcare IT (HIT) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Healthcare IT (HIT) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Healthcare IT (HIT) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Healthcare providers are leveraging the usage of IT in their business processes. It has changed the way hospitals and physicians work; from the automation of simple processes in the Healthcare sector to its integration with the entire value chain of the Healthcare sector, HIT has come a long way. This development is focused on the Healthcare sector becoming more patient-centric.
This report aims to provide a comprehensive presentation of the global market for Healthcare IT (HIT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Healthcare IT (HIT). This report contains market size and forecasts of Healthcare IT (HIT) in global, including the following market information:
- Global Healthcare IT (HIT) Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
Key growth drivers of this market include growing adoption rate of Computerized Physician Order Entry (CPOE), increasing the prevalence of chronic diseases, growing global patient base, and technological advancements in this field. Associated benefits such as operational cost reduction, minimizing errors in a medical facility and increased successful outcomes are expected to propel healthcare IT industry growth. In addition, favorable government initiatives pertaining to the development of healthcare infrastructure and incorporation of information technology in existing establishments are expected to fuel industry growth over the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Healthcare IT (HIT) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Healthcare IT (HIT) Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Healthcare IT (HIT) Market Segment Percentages, by Type, 2022 (%)
- Electronic Health Records
- Computerized Provider Order Entry Systems
- Electronic Prescribing Systems
- PACS
- Lab Information Systems
- Clinical Information Systems
- Telemedicine and Telehealth
Global Healthcare IT (HIT) Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Healthcare IT (HIT) Market Segment Percentages, by Application, 2022 (%)
- Hospitals
- Ambulatory Care Centers
- Home Healthcare Agencies
- Nursing Homes
- Assisted Living Facilities
- Diagnostic and Imaging Centers
- Pharmacies
Global Healthcare IT (HIT) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Healthcare IT (HIT) Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Healthcare IT (HIT) revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Healthcare IT (HIT) revenues share in global market, 2022 (%)
key players include:
- Accenture
- Athenahealth
- Cerner
- Fujitsu
- GE Healthcare
- IBM
- Philips Healthcare
Outline of Major Chapters:
Chapter 1: Introduces the definition of Healthcare IT (HIT), market overview.
Chapter 2: Global Healthcare IT (HIT) market size in revenue.
Chapter 3: Detailed analysis of Healthcare IT (HIT) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Healthcare IT (HIT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
