Trends and Forecasts in the North America Healthcare IT Market: Size and Share Analysis


Posted October 24, 2024 by Rajul123

By 2030, the North American healthcare IT sector is anticipated to witness a CAGR of 10% from 2024, culminating in a market size of $344.95 billion.
 
Meticulous Research, a renowned global market research firm, has recently published its latest study titled “North America Healthcare IT Market by Product (EMR, mHealth, PHM, RIS, PACS, RCM, Healthcare Analytics, Telehealth, SCM, HIE), Component (Software, Service), Delivery Mode (Web, Cloud), and End User (Hospital, Payer, Ambulatory, Homecare) - Forecast to 2030.”

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5634

The report predicts that the North America healthcare IT market will grow at a CAGR of 10%, reaching $344.95 billion by 2030. Key factors driving market growth include increased awareness about digital health, government policies promoting the adoption of healthcare IT (HCIT) systems, and the shift towards value-based care models. Additionally, the increased reliance on big data analytics, high returns on IT investments, and the rise of chronic diseases contribute to the sector’s expansion. However, the high cost of implementing and maintaining IT systems is a major challenge. Opportunities for growth include the rising adoption of cloud-based solutions and advancements in artificial intelligence (AI) and the Internet of Things (IoT) in healthcare. Nevertheless, challenges related to data security and system interoperability persist.

Key Players
Some of the leading companies in the North America healthcare IT market include:
• McKesson Corporation (U.S.)
• Optum Health (U.S.)
• International Business Machine Corporation (IBM) (U.S.)
• Allscripts Healthcare Solutions, Inc. (U.S.)
• athenahealth, Inc. (U.S.)
• Epic Systems Corporation (U.S.)
• Dell Technologies Inc. (U.S.)
• GE HealthCare Technologies Inc. (U.S.)
• Cerner Corporation (U.S.)
• Oracle Corporation (U.S.)
• Cognizant Technology Solutions Corporation (U.S.)
• Nuance Communications, Inc. (U.S.)
• eClinicalWorks (U.S.)
• NextGen Healthcare, Inc. (U.S.)
• Computer Programs and Systems, Inc. (CPSI) (U.S.)
• Conifer Health Solutions, LLC (U.S.)
• 3M Company (U.S.)
• Koninklijke Philips N.V. (The Netherlands)
• Infor, Inc. (U.S.)
• among others.

North America Healthcare IT Market: Future Outlook

The North America healthcare IT market is categorized by Product into segments such as:
• Healthcare IT Provider Solutions, offering clinical and non-clinical solutions, including Electronic Health Records (EHR), PACS & VNA, Clinical Decision Support Systems (CDSS), Revenue Cycle Management (RCM), and Supply Chain Management solutions.

• Healthcare Payer Solutions, featuring Claims Management, Fraud Analytics, Population Health Management, and Provider Network Management solutions.

• Healthcare IT Outsourcing Services, covering services like provider and payer HCIT outsourcing, IT infrastructure management, and business process outsourcing.

• Delivery Mode: Web/Cloud-Based and On-premise.

• Component: Services, Software, and Hardware.

• End User: Healthcare Providers (hospitals, ambulatory care centers, home healthcare centers, diagnostic labs, pharmacies), Healthcare Payers (public and private), and by Country.

By 2024, the North America healthcare IT solutions market is projected to see healthcare provider solutions as the dominant segment, driven by a growing emphasis on patient safety, integrated healthcare, and government initiatives for eHealth.

The services segment is expected to lead the market by 2024. This growth is propelled by increased investments in healthcare infrastructure and accelerated adoption of digital health technologies in response to the COVID-19 pandemic.

In the delivery mode segment, cloud/web-based solutions will likely dominate the market due to the enhanced security, flexibility, scalability, and ease of access they provide to healthcare organizations. As organizations seek to improve operational efficiency and reduce costs, cloud-based solutions will see widespread adoption.

The healthcare providers segment is expected to capture the largest share of the market by 2024, as the growing shortage of physicians in North America pushes providers to rely more heavily on healthcare IT solutions. By 2034, the U.S. could face a shortage of 37,800 to 124,000 physicians, emphasizing the urgent need for IT systems that help optimize care delivery.

To gain more insights into the market with a detailed table of content and figures, click here:https://www.meticulousresearch.com/product/north-america-healthcare-it-market-5634

Key questions answered in the report:
• Which are the high-growth market segments in terms of product, component, delivery mode, end user, and country?
• What was the historical market for healthcare IT across North America?
• What are the market forecasts and estimates for the period 2024–2030?
• What are the major drivers, restraints, opportunities, and challenges in the North America healthcare IT market?
• Who are the major players in the North America healthcare IT market?
• How is the competitive landscape, and who are the market leaders in the North America healthcare IT market?
• What are the recent developments in the North America healthcare IT market?
• What strategies are adopted by the major players in the North America healthcare IT market?
• What are the geographical trends and high-growth countries?

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Issued By rajul
Country United States
Categories Health , Lifestyle , Medical
Tags north america healthcare it market , health information technology , healthcare it , healthcare it services , healthcare
Last Updated October 24, 2024