4 things to know about the global health IT solutions market

The global health IT solutions market is expected to reach $228.79 billion by 2020, according to a Market and Markets report.

Advertisement

Here are four things to know about the health IT solutions market, as stated in the report.

1. The health IT solutions market is forecast to grow at a compound annual growth rate of 13.4 percent from 2015 to 2020.

2. According to the report, the global health IT solutions market is primarily driven by the following:

  • Higher healthcare spending
  • The rise of data-driven technologies
  • The new influence of various healthcare reforms and changing regulations
  • Growing pressure on healthcare organizations to curtail healthcare costs while the rates of chronic disorders increase and the population gets older

3. North America accounted for the largest share of the global health IT solutions market last year, followed by Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

4. Leading players in the global health IT outsourcing market include:

  • McKesson
  • Allscripts Healthcare Solutions
  • athenahealth
  • Epic
  • GE Healthcare
  • Siemens Healthcare
  • Cerner
  • Carestream Health’

 

More articles on health IT:
Gartner report: Skills, budgets pose barriers to CIO success
IBM Security: 70% of businesses victimized by ransomware agree to pay
NGA report: Dedicated teams, legal analysis lay foundation for statewide interoperability

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.