Global Healthcare IT Industry Majorly Impacted by COVID – Rising Need of Tech Advancements
Impact of COVID19 on Global HIT Market: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 the demand for accurate diagnosis and treatment devices in several countries across...
Healthcare IT Market – Future Industry Growth Dynamics
Driver: Rising use of big dataIn 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 year, it is expected to reach exabytes and even zettabytes in the coming years.
In addition to the growing...
Healthcare IT Market worth $821.1 billion by 2026
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 mainly driven by government mandates & support for healthcare IT solutions; rising use of big data in healthcare; high returns on...
Healthcare IT Market worth $821.1 billion by 2026
Expected Revenue Surge: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 Influencing Factors:The growth of this market is majorly attributed to government mandates & support for healthcare IT solutions; rising use of big data in healthcare; high returns on investment associated...
Global Healthcare IT Industry Expected to Grow Worth $390.7 billion by 2024
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 these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and...
Global Healthcare IT Market – Emerging Innovations to Feed Major Revenue Growth, Globally
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)
# To strategically analyze micromarkets1 with respect to individual growth...
Healthcare IT Industry – Major Revenue Surge is Expected Due to These Factors
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 is driven by government mandates & support for healthcare IT solutions, rising use of big data in healthcare, high...
Global Healthcare IT Market is Expected to Undergo Major Technological Transformations in Near Future
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 were referred to identify and collect information...
Healthcare IT Market – Global Industry Dynamics
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...
Global Healthcare IT Industry – This is What the Future has to Offer
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 with respect to individual growth...