Global Healthcare IT Market Report 2021: Patients, Employers, and Healthcare Providers are Increasingly Embracing Digital Health – Forecast to 2026

DUBLIN, May 10, 2021 /PRNewswire/ — The “Healthcare IT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to’s offering.

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The global healthcare IT market exhibited strong growth during 2015-2020. Looking forward, the global healthcare IT market to grow at a CAGR of 15.5% during 2021-2026.

The term healthcare refers to the diagnosis, treatment and prevention of diseases or illnesses, and other physical and mental impairments. The healthcare industry along with information technology (IT) functions to manage, regulate, and mechanize operations in medical organizations. The use of modern techniques in the health and wellness sector offers an effective patient-centric approach for medical treatments and enables smooth communication between the doctors, patients, and other concerned people.

The healthcare IT infrastructure also includes computerized physician order entry systems, electronic health management and medical record keeping. Governments across the globe are investing in digital health to improve the standards of healthcare services, as well as to develop and enact numerous roadmaps and national strategies.

Moreover, changing demographic trends such as rising ageing population and an increasing prevalence of lifestyle diseases are straining the current healthcare infrastructure and resources. Better disease management and accessible care have become essential to cater to the rising healthcare requirements. It has also become essential to accelerate the development of IT solutions to improve coordination in chronic disease management and promote preventive care.

Additionally, patients, employers, and healthcare providers are increasingly embracing digital health.

Catalyzed by rising healthcare consumerism, patients also increasingly demanding access and efficient management of their healthcare data. Furthermore, the growing prevalence of chronic lifestyle diseases and rising demand for safety and confidentiality of patient information have driven the requirement of IT services in the healthcare sector.

Additionally, there has been a significant rise in the number of patients who require constant medical attention. The consequent need to reduce the per-patient time of doctors and to increase the efficiency of treatment has further created growth prospects for the market. The healthcare IT solutions are also projected to play a significant role in automating the entire treatment process including the admission of patients, maintaining records of treatments, and scheduling follow-ups.

Key Questions Answered in This Report:

  • How has the global healthcare IT market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global healthcare IT industry?
  • What has been the impact of COVID-19 on the global healthcare IT market?
  • What is the breakup of the market based on the product and services?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the delivery mode?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the global healthcare IT industry?
  • What are the key driving factors and challenges in the global healthcare IT industry?
  • What is the structure of the global healthcare IT industry and who are the key players?
  • What is the degree of competition in the global healthcare IT industry?
  • What are the profit margins in the global healthcare IT industry?

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being:

  • General Electric Company
  • Koninklijke Philips N.V.
  • Siemens Healthineers AG
  • Cerner Corporation
  • Allscripts Healthcare Solutions Inc
  • Wipro Limited
  • Oracle Corporation
  • International Business Machines (IBM) Corporation
  • SAS Institute Inc.
  • Dell Technologies Inc.
  • McKesson Corporation
  • Epic Systems Corporation
  • Athenahealth Inc
  • Infor Inc

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Healthcare IT Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Product and Services

5.5 Market Breakup by Component

5.6 Market Breakup by Delivery Mode

5.7 Market Breakup by End-User

5.8 Market Breakup by Region

5.9 Market Forecast

6 Market Breakup by Product and Services

6.1 Healthcare Provider Solutions

6.1.1 Market Trends

6.1.2 Market Breakup By Type Clinical Solutions Nonclinical Healthcare IT Solutions

6.2.3 Market Forecast

6.2 Healthcare Payer Solutions

6.2.1 Market Trends

6.2.2 Market Breakup By Type Pharmacy Audit And Analysis Systems Claims Management Solutions Analytics And Fraud Management Solutions Member Eligibility Management Solutions Provider Network Management Solutions Billing And Accounts (Payment) Management Solutions Customer Relationship Management Solutions Population Health Management Solutions

6.2.3 Market Forecast

6.3 HCIT Outsourcing Services

6.3.1 Market Trends

6.3.2 Market Breakup By Type Provider HCIT Outsourcing Services Market Payer IT Outsourcing Services Operational IT Outsourcing Services

6.3.3 Market Forecast

7 Market Breakup by Component

7.1 Software

7.2 Hardware

7.3 Services

8 Market Breakup by Delivery Mode

8.1 On-Premise

8.2 Cloud-Based

9 Market Breakup by End-User

9.1 Healthcare Providers

9.1.1 Market Trends

9.1.2 Market Breakup By Type Hospitals Ambulatory Care Centers Home Healthcare Agencies, Nursing Homes and Assisted Living Facilities Diagnostic And Imaging Centers Pharmacies

9.1.3 Market Forecast

9.2 Healthcare Payers

9.2.1 Market Trends

9.2.2 Market Breakup By Type Private Payers Public Payers

9.2.3 Market Forecast

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

14.1 Key Price Indicators

14.2 Price Structure

14.3 Margin Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit

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