Allied Market Research
Loading...
Cart
0

U.S. Healthcare IT Market Expected to Reach $149,178 Million by 2025

 

quote The market in the U.S. is about to reach the saturation stage owing to the presence of various key as well as local players. However, the U.S. healthcare IT market is expected to grow due high demand for cost effective treatments and reduction in costs associated to healthcare. quote

Onkar Sumant
Assistant Manager Healthcare at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, Healthcare IT Market by Product Type and End User: U.S. Opportunity Analysis and Industry Forecast, 2018 - 2025," the U.S. Healthcare IT market was valued at $61,018 million in 2017, and is projected to reach $149,178 million by 2025, growing at a CAGR of 11.7% from 2018 to 2025. The healthcare provider solutions segment accounted for about five-eighths share of the total market.

Healthcare information technology is the application of information and technology in the filed of health and healthcare. Healthcare information technology supports health information management across computerized systems and secures the exchange of health information.

The U.S. healthcare information technology market is driven by surge in demand for reducing healthcare costs as well as establishment of hassle-free processes in the healthcare industry. However, high costs incurred for implementation, maintenance, and upgrading services are expected to restrict the growth of this market. Moreover, the healthcare IT is already a well-established market and thus, there is a huge gap between supply and demand with numerous local as well as global key players operating in this segment. This is expected to hamper the market growth. Moreover, many key players are collaborating with local players for developing efficient products, which can create lucrative opportunities in the market.

Among healthcare provider solutions, the clinical solutions segment dominated the market accounting for half share of the market in 2017. This was attributed to the increase in IT integration and rise in demand for clinical solutions in the healthcare industry.

Among end users, the healthcare providers segment dominated the market in 2017 accounting for two-thirds share of the total market. This is owing to the increase in demand for data accuracy to ensure patient safety through improved clinical outcomes, rise in healthcare reforms, and efforts to curb the healthcare expenditure.

Healthcare providers and hospitals segments dominated the market accounting for about two-thirds share of the total market as hospitals includes several applications such as EMR, CPOE, RIS, medical document management system, revenue cycle management, and healthcare asset management system.

Key Findings of the U.s. Healthcare IT Market :

  • Electronic health records/electronic medical records segment is expected to register a CAGR of 18.8% during the forecast period.

  • The non-clinical healthcare IT solutions segment accounted for about half share of the market and is expected to grow at a CAGR of 10.4% during the forecast period.

  • The population health management solutions segment dominated the market, accounting for about onethird share of the total market and is expected to grow at a CAGR of 10.7% during the forecast period.

  • The private payers segment dominated the U.S. healthcare IT market and is projected to retain its trend during the forecast period.

The report provides a comprehensive analysis of the key players operating in the U.S. healthcare IT market. These include Allscripts Healthcare Solutions, Inc., athenahealth, Inc., Cerner Corporation, Epic Systems Corporation, HealthStream, Greenway Health, LLC, IBM Corporation, Infor, McKesson Corporation, and SAS Institute Inc. Other players operating in the value chain are InterSystems Corporation, Medical Information Technology, Inc., Evolent Health, Inc. and Experian Information Solutions, Inc.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Healthcare IT Market by Product Type (Healthcare Provider Solutions, Healthcare Payer Solutions, and HCIT Outsourcing Services) and End User (Healthcare Providers and Healthcare Payers): U.S. Opportunity Analysis and Industry Forecast, 2017 - 2025 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"U.S. Healthcare IT Market"
Purchase Enquiry