Published Date: 31-Mar-2022
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According to a new report, published by KBV research, The Global Healthcare IT Integration Market size is expected to reach $7.9 billion by 2027, rising at a market growth of 12.8% CAGR during the forecast period.
The Services segment acquired maximum revenue share in the Global Healthcare IT Integration Market by Offering 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5.0 billion by 2027. This is because of their indispensability. For advice, data storage, installation, training, maintenance, and frequent technology upgrades, healthcare professionals rely largely on service providers.
The Clinics segment is showcasing a CAGR of 14.1% during (2021 - 2027). The Clinics segment obtained a significant revenue share of the Healthcare IT Integration Market in 2020. This is due to the benefits of using healthcare IT integration in clinics, such as improved coordination between various departments, faster services, cost reduction, and easy access to patient records and other clinical documents.
The North America is the fastest growing region in the Global Healthcare IT Integration Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3.2 billion by 2027. The Europe market is anticipated to grow at a CAGR of 11.9% during (2021 - 2027). Additionally, The Asia Pacific market would witness a CAGR of 14.8% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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