Global Health Information Technology Market US$ 223 Billion by 2021

Global Health Information Technology Market US$ 223 Billion by 2021

The global health information technology market is estimated to reach US$ 223 Billion by 2021, growing at a CAGR of 11.7% from 2017 to 2021, due to rising incidence of chronic diseases such as cancer, cardiovascular, diabetes, and respiratory illnesses. Moreover, accuracy, efficiency, and ease of use of healthcare IT systems have been a major driving factor for the growth of health information technology market worldwide. By softwares, healthcare systems applications and by services, telehealth services sector recorded the highest market share of global health information technology market, respectively. North America region registered highest share of the global health information technology market followed by Europe, while Asia Pacific region is likely to be the most attractive market in terms of opportunities and market growth during the forecast period.

Automated and interoperable healthcare information systems are expected to improve medical care, lower costs, increase efficiency, reduce error and improve patient satisfaction, while also optimizing reimbursement for ambulatory and inpatient healthcare providers. Health IT (health information technology) is the area of IT involving the design, development, creation, use and maintenance of information systems for the healthcare industry. The electronic health record (EHR) is the central component of the health IT infrastructure. Other key elements of the health IT infrastructure are the personal health record (PHR), which is a person’s self-maintained health record, and the health information exchange (HIE), a health data clearinghouse or a group of healthcare organizations that enter into an interoperability pact and agree to share data between their various health IT systems.

Browse Health Information Technology Market by Software Type (Healthcare System Applications – Administrative Information Systems; Ancillary Information Systems – Laboratory Information Systems, Pharmacy Information Systems; Clinical Information Systems – Computer Aided Diagnosis, Electronic Medical Record, Nursing Information Systems, Medical Imaging and Surgery Training, and mHealth Applications), Service Type (mHealth – Diagnostic Services, Information and Reference Services, Monitoring Services, Prevention Services, Treatment Services, Wellness Services; Telehealth – Healthcare Diagnostics, Healthcare Education, Remote Patient Monitoring, Electronic Prescribing Software and Online Support; Healthcare System Strengthening Solutions – Emergency Response Services, Healthcare Practitioner Support, Healthcare Surveillance), and End Users (Individuals, Physicians, Public/Private Institutions) 2016-2020 at

The global health information technology market segmentation is based on Software Type (healthcare system applications – administrative information systems; ancillary information systems – laboratory information systems, pharmacy information systems; clinical information systems – computer aided diagnosis, electronic medical record, nursing information systems, medical imaging and surgery training, and mhealth applications), service type (mhealth – diagnostic services, information and reference services, monitoring services, prevention services, treatment services, wellness services; telehealth – healthcare diagnostics, healthcare education, remote patient monitoring, electronic prescribing software and online support; healthcare system strengthening solutions – emergency response services, healthcare practitioner support, healthcare surveillance), and end users (individuals, physicians, public/private institutions).

The global health information technology market report provides market size (Revenue USD Million 2013 to 2020), market share and forecasts growth trends (CAGR%, 2016 to 2020). The global health information technology market research report is further segmented by geography into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World. The global health information technology market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.

Major players operating in the global health information technology market and profiled in this report include Aerotel Medical Systems, Ltd., AirStrip Technologies LP, Allscripts Healthcare Solutions, Inc., Apple, Inc., AT&T Inc., Cerner Corporation, E*HealthLine, Inc., eHealth Technologies, GE Healthcare, IMS Health Holdings, Inc., Johnson and Johnson Healthcare Systems, Inc., Koninklijke Philips N.V., McKesson Corporation, and Siemens AG.

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2017-09-19T20:13:54+00:00 Categories: Press Releases|