Healthcare IT IntegrationMarket Top Players, Size, Business Scenario, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2027
The global healthcare IT integration market is projected to reach value of USD 7.32 Billion by 2027, according to a current analysis by Emergen Research. During the forecast period, the global healthcare IT integration market is expected to expand significantly, owing to the rising demand for remote patient monitoring. Moreover, the increasing demand for personalized care in the healthcare industry is also anticipated to propel the global healthcare IT integration market during the forecast period.
Furthermore, rising adoption of telehealth and e-health applications in the healthcare industry is projected to fuel the global healthcare IT integration market during the forecast period. During the forecast period, the global healthcare IT integration market is expected to be hampered by high maintenance costs of healthcare IT integration solutions.
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The Global Healthcare IT Integration Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Healthcare IT Integration Market studies the market scenario to offer growth projections for the Healthcare IT Integration industry for the forecast period of 2021-2028.
The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
The Global Healthcare IT Integration Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
Oracle Corporation, Allscripts Healthcare Solutions, Inc., NextGen Healthcare, Inc., Capsule Technologies, Inc., Tata Consultancy Services Ltd., CIOX Health LLC, Leidos Holdings, Inc., Nuance Communications, Inc., Dell Technologies Inc., and Cognizant Technology Solutions Corporation
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Emergen Research has segmented the global healthcare IT integration market on the basis of type, services, application, end-use, and region.
Type Outlook (Revenue, USD Billion; 2017–2027)
Medical Device Integration
Service Outlook (Revenue, USD Billion; 2017–2027)
Maintenance & Support
Application Outlook (Revenue, USD Billion; 2017–2027)
End-use Outlook (Revenue, USD Billion; 2017–2027)
Diagnostic Imaging Centers
This section of the report offers valuable insights into the geographical segmentation of the Healthcare IT Integration market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Healthcare IT Integration market into various regions, including:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
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Key Findings from the Report Suggest:
In December 2020, Leidos Holdings, Inc. declared that it had signed a contract to acquire 1901 Group LLC. The acquisition would improve Leidos’ role in the digital modernization industry and strengthen its capabilities for fast-paced markets of cloud and IT service.
The integration engine segment is expected to lead the market during the forecast period, expanding at a CAGR of 11.3%. An integration engine is a healthcare integration platform that enables the functionality of care delivery for organizations. Integration engines aim to streamline the healthcare system from interfaces to business processes and operational practices.
The implementation segment is expected to dominate the market throughout the forecast period, owing to increasing adoption of medical device integration in the healthcare sector
Key questions addressed in the report:
Who are the leading players dominating the global Healthcare IT Integration Market?
Which factors could potentially hamper the global market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for Healthcare IT Integration in this industry vertical?
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