global-healthcare-it-integration-market Global Healthcare IT Integration Market

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Global Healthcare IT Integration Market

  • Published Date: 20 Mar 2018
  • Number of Pages: 231
  • Category: Healthcare and Medical
  • Country: Global
Healthcare IT Integrationis the digital and electronic management of a patients healthcare records for ease to both the patient and the practitioner. It ensures the monitoring, archiving, sharing, updating of the records in a secure and easy environment. The Healthcare IT Integration Market was valued at USD XXX Billion in 2016 and is expected to reach USD XXX Billion by 2021, at a CAGR of XX% between 2016 and 2021.

Other benefit of the healthcare IT integration includes storage of useful records that can be used for analysis, better medical decision making and productivity, timelydelivery of clinical results and improved patient care. In primary healthcare centres the healthcare IT integration has been required for clinical decision support, , electronic prescribing and electronic medical record systems, computerized provider order entry, consumer health IT applications. It is also a cost-effective method for patient care through the sharing of health information.

Market Dynamics

Increasing prevalence of protein based chronic dieses and geriatrics population along with rising demand for advanced healthcare services are some of the factors which drive the global healthcare IT integration market. The ease of availability of technological devices, heightened usage of computing devices by patients as well as practitioners, rise in use of HER and efforts by healthcare providers to increase their return on investment all drive the market for this and will continue to do so in the future.

However, the high effective expenditure associated with healthcare integration and the increased concerns of data security as healthcare records of patients are integrated are posing as a limiting factor in the growth of the global healthcare IT integration market.

Market Segmentation

The Healthcare IT Integration market is segmented on the basis of solutions, end user, applications and geographic regions. The solutions segment is further bifurcated into products and services. The detailed segmentation is as described below:

On the basis of Solutions

--> Products
> Interface/Integration Engines
> Medical Device Integration Software
> Media Integration Solutions
> Other Integration Tools
--> Services
> Implementation Services
> Training Services
> Support and Maintenance Services
On the basis of End User

--> Hospitals
--> Radiology Centres
--> Cath Labs
--> Diagnostic Laboratories
--> Clinics
--> Others

Hospitals have the largest number of installed healthcare IT systems which means greater complexity and hence major need for integration which makes hospitals the largest shareholder of the global markets among end users.

On the basis of Applications

--> Medical Device Integration
--> Healthcare Centre Integration

On the basis of Geographic regions

--> North America
--> Europe
--> Asia-Pacific
--> South America
--> Rest of the world

Geographic Analysis

Geographically the market is segmented into three different regions:north America, Europe, Asia Pacific and rest of the world. North America is the leading shareholder in the global market owing to the advanced healthcare infrastructure, presence of a large number of healthcare IT integration solutions manufacturers, greater usage of computing systems and devices by the population and increased awareness about benefits of IT healthcare. Europe follows North America and this is attributed to the large number of geriatrics population along with the aforementioned reasons.

However, Asia pacific is expected to show the highest growth in the coming period mainly due to the government initiatives and policies which boost the adoption of advanced IT healthcare systems and devices. This growth will also be attributes the increasing geriatrics population in the region, increase in disposable income and awareness among people for healthcare services, investments by key market players in the region and improving health infrastructure.

Key Players

The key players who are driving the market of Healthcare IT Integration and determine its future are: Infor, Inc. (U.S.), Cerner Corporation (U.S.), Quality Systems, Inc. (U.S.), Interface Ware, Inc. (Canada), Epic Systems Corporation (U.S.), Qualcomm Life, Inc. (U.S.), AVI-SPL, Inc. (U.S.), Core point Health (U.S.), and Oracle Corporation (U.S.).IBM, GE healthcare, Orion health (New Zealand), Siemens health, Core Point health, Allscripts healthcare solutions Inc. (USA), Intersystem corporation(USA). The major key players in this market are generally healthcare insurance and healthcare providers and healthcare IT firms.

Report Highlights:

The report contains comprehensive analysis on:

--> Healthcare IT Integration market segments

--> Healthcare IT Integration market drivers, restraints and opportunities

--> Healthcare IT Integration market size and forecast 2016 to 2022

--> Supply and demand value chain

--> Healthcare IT Integration market current trends

--> Competition and major companies

--> Technology and R&D status

--> Porters five force analysis

--> Strategic and critical success factor analysis of key players

The regional analysis of Healthcare IT Integration market includes:

--> North America
>> US and Canada
--> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
--> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
--> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
--> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
--> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

Report Highlights::

--> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

--> Consumer and Pricing Analysis

--> Market dynamics of the industry

--> In-depth Market Segmentation

--> Historical and Projected Market Sizing in terms of volume and value

--> Recent market trends and Impact Factors

--> R&D Status and Technology Overview

--> Extensive Industry Structure Coverage
Publisher Name : Market Litmus

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