North America Healthcare IT Integration Market Size, Share & Industry Trends Analysis Report By Offering (Services and Products), By Services Type, By Products Type, By End User, By Country and Growth Forecast, 2021 - 2027
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Get in-depth analysis of the COVID-19 impact on the North America Healthcare IT Integration Market
Market Report Description
The North America Healthcare IT Integration Market would witness market growth of 11.4% CAGR during the forecast period (2021-2027).
The practise of digital intervention for the effective management of patient health is referred to as healthcare IT integration. In a secure setting, the approach allows for excellent archiving, monitoring, integration, and communication of patient health. Healthcare IT integration practises are utilised in primary care settings for things like computerised provider order input, clinical decision support, electronic prescription, consumer health IT apps, and the storage and transfer of electronic medical records across many end points.
The increase of the quality of treatment accessible to a patient is one of the most important variables involved in healthcare IT integration. They can also provide services that increase a healthcare organization's productivity by preventing or reducing human-caused medical errors, as well as lowering overall health expenses. Healthcare IT integration also involves a variety of approaches – all electronic – for managing patient information or information generation throughout their stay at a healthcare facility. This is beneficial to both the company and the patient.
The Office of the National Coordinator for Health Information Technology (ONC) collaborated with the Centers for Disease Control and Prevention (CDC) to provide resources for reporting and tracking COVID-19 and to provide general clinical guidelines to the health IT community and healthcare providers. The use of health information technology in the United States has been critical in the collection and reporting of COVID-19 data. Surveillance, laboratory testing, clinical data collecting, case investigation management, reporting outcomes, and other COVID-19-fighting methods are all made easier with electronic health information exchange.
The growing use of electronic health records and other digital technologies in the healthcare industry is driving up demand for healthcare integration, which is necessary for properly managing the massive amounts of data created in healthcare institutions. According to the American Hospital Association (AHA), just 12.2 percent of non-federal acute care hospitals in the United States have an electronic health records system in 2009.
The US market dominated the North America Healthcare IT Integration Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,313.8 million by 2027. The Canada market is exhibiting a CAGR of 14% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 13% during (2021 - 2027).
Based on Offering, the market is segmented into Services and Products. Based on Services Type, the market is segmented into Support & Maintenance Services and Implementation & Integration Services. Based on Products Type, the market is segmented into Interface/Integration Engines, Medical Device Integration Software, Media Integration Software, and others. Based on End User, the market is segmented into Hospitals, Laboratories, Clinics, Diagnostic Imaging Centres, and others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens Healthineers AG (Siemens AG), AllScripts Healthcare Solutions, Inc., General Electric (GE) Co. (GE Healthcare), NextGen Healthcare, Inc., Epic Systems Corporation, IBM Corporation, Oracle Corporation, Infor, Inc. (Koch Industries), Koninklijke Philips N.V., and Wipro Limited.
Scope of the Study
Market Segments Covered in the Report:
- Services and
- Support & Maintenance Services
- Implementation & Integration Services
- Interface/Integration Engines
- Medical Device Integration Software
- Media Integration Software
By End User
- Diagnostic Imaging Centres
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Siemens Healthineers AG (Siemens AG)
- AllScripts Healthcare Solutions, Inc.
- General Electric (GE) Co. (GE Healthcare)
- NextGen Healthcare, Inc.
- Epic Systems Corporation
- IBM Corporation
- Oracle Corporation
- Infor, Inc. (Koch Industries)
- Koninklijke Philips N.V.
- Wipro Limited
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