Healthcare IT Integration Market Share Growth, Insights, Industry Analysis, Trends and Forecasts Report 2027
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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
VANCOUVER, BC, CANADA, September 26, 2022 /EINPresswire.com/ -- 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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Key Highlights of Report
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
During the forecast period, the hospital integration segment is projected to hold the largest market share. Healthcare IT integration facilitates efficient remote patient monitoring and accurate patient information sharing, which is anticipated to fuel this segment during the forecast period.
During the forecast period, the hospitals segment is expected to retain the largest share of the global healthcare IT integration market, owing to advantages of healthcare IT integration in hospitals, such as improved patient safety, optimal coordination of services, improved access of patient records, improved quality monitoring, and decreased operating expenses.
The North America region is anticipated to lead the global market during the forecast period, due to growing adoption of telehealth applications and rising government emphasis on improving patient care and medical facilities in the region
Major Players/Manufacturers profiled in the report are:
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
Integration Engines
Media Integration
Service Outlook (Revenue, USD Billion; 2017–2027)
Training
Implementation
Maintenance & Support
Application Outlook (Revenue, USD Billion; 2017–2027)
Clinic Integration
Radiology Integration
Lab Integration
Hospital Integration
Others
End-use Outlook (Revenue, USD Billion; 2017–2027)
Laboratories
Hospitals
Diagnostic Imaging Centers
Clinics
Others
A closer look at the aspects including but not limited to market segmentation by the end-user, end-use, geography, type, and application forms an integral part of the research report. In addition, in-depth analysis of critical factors such as spending capability, gross margin, business environment and profit for the forecast period 2020 - 2027 holds critical information and is based on curated facts and logical arguments. Importantly, validation of statistics recent acquisitions and mergers, collaborations and product launches serve as testimonials for stakeholders, field marketing personnel, product manufacturers and business evangelists on how a product will be positioned in the real world in years to come.
Major Regions Covered in the Healthcare IT Integration Market Report:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Healthcare IT Integration market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Healthcare IT Integration with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
Key Reasons to Buy This Report:
The report presents a thorough examination of the Healthcare IT Integration market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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