Healthcare IT Market – Major Technology Advancements are Expected Post COVID19 Impact
Healthcare IT Market Dynamics:
Driver: Rising use of big data
In 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...
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...
Covid-19 Impact on the Global Healthcare IT Market
COVID19 Impact: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 the globe. In this regard,...
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 Market worth $390.7 billion by 2024
Expected Revenue Growth: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. 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 returns on investment for healthcare IT solutions, and...
COVID-19 Impact on Healthcare IT Market – Current and Future Perspectives
What This Report
Will Provide?
This study involved four major activities in
estimating the current size of the healthcare it market. Exhaustive secondary
research was carried out to collect information on the market, its peer
markets, and its parent market.
The next step was to validate these findings,
assumptions, and sizing with industry experts across the value chain through
primary research....