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11:00 AM - Charmalot 2025
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Oracle Health and Life Sciences Summit 2025
2025-09-09 - 2025-09-11    
12:00 am
The largest gathering of Oracle Health (Formerly Cerner) users. It seems like Oracle Health has learned that it’s not enough for healthcare users to be [...]
MEDITECH Live 2025
2025-09-17 - 2025-09-19    
8:00 am - 4:30 pm
This is the MEDITECH user conference hosted at the amazing MEDITECH conference venue in Foxborough (just outside Boston). We’ll be covering all of the latest [...]
AI Leadership Strategy Summit
2025-09-18 - 2025-09-19    
12:00 am
AI is reshaping healthcare, but for executive leaders, adoption is only part of the equation. Success also requires making informed investments, establishing strong governance, and [...]
OMD Educates: Digital Health Conference 2025
2025-09-18 - 2025-09-19    
7:00 am - 5:00 pm
Why Attend? This is a one-of-a-kind opportunity to get tips from experts and colleagues on how to use your EMR and other innovative health technology [...]
Charmalot 2025
2025-09-19 - 2025-09-21    
11:00 am - 9:00 pm
This is the CharmHealth annual user conference which also includes the CharmHealth Innovation Challenge. We enjoyed the event last year and we’re excited to be [...]
Civitas 2025 Annual Conference
2025-09-28 - 2025-09-30    
8:00 am
Civitas Networks for Health 2025 Annual Conference: From Data to Doing Civitas’ Annual Conference convenes hundreds of industry leaders, decision-makers, and innovators to explore interoperability, [...]
TigerConnect + eVideon Unite Healthcare Communications
2025-09-30    
10:00 am
TigerConnect’s acquisition of eVideon represents a significant step forward in our mission to unify healthcare communications. By combining smart room technology with advanced clinical collaboration [...]
Pathology Visions 2025
2025-10-05 - 2025-10-07    
8:00 am - 5:00 pm
Elevate Patient Care: Discover the Power of DP & AI Pathology Visions unites 800+ digital pathology experts and peers tackling today's challenges and shaping tomorrow's [...]
Events on 2025-09-09
Events on 2025-09-17
MEDITECH Live 2025
17 Sep 25
MA
Events on 2025-09-18
OMD Educates: Digital Health Conference 2025
18 Sep 25
Toronto Congress Centre
Events on 2025-09-19
Charmalot 2025
19 Sep 25
CA
Events on 2025-09-28
Civitas 2025 Annual Conference
28 Sep 25
California
Events on 2025-10-05
Latest News

Global Healthcare IT Market to Grow at a CAGR of 7% During the Period 2016-2020

Global Healthcare IT Market

Market Research Reports, Inc. has announced the addition of “Global Healthcare IT Market 2016 – 2020” research report to their website www.MarketResearchReports.com

This press release was orginally distributed by SBWire

Lewes, DE — (SBWIRE) — 07/07/2016 — Report forecast the global healthcare IT market to grow at a CAGR of 7% during the period 2016-2020.

The adoption of connected healthcare solutions, such as electronic health record (EHR) and PHR, has increased with the rise in need to enhance the overall quality of healthcare services. Also, tightening of government regulations in the healthcare sector has fueled the adoption of IT solutions globally. Healthcare information technology outsourcing (ITO) solution providers will have to follow the guidelines of healthcare Acts applicable to their operating jurisdiction while delivering services.

We anticipate that the high adoption of cloud computing ITO solutions and services should reduce the overall in-house IT costs. Through these solutions, healthcare providers will be able to implement business applications swiftly, while remaining focused on their core business operations. In addition, we expect the global healthcare IT market to benefit immensely from the rising use of data analytics tools among hospitals and radiology laboratories. Healthcare IT solutions enable the delivery of healthcare services at low costs with high quality. Therefore, we expect developing countries to benefit immensely from these services.

The report covers the present scenario and the growth prospects of the global healthcare IT market for 2016-2020. To calculate the market size, we consider revenue generated from the five segments: IT services, IT telecommunications, internal IT services, software, and hardware.

The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA

According to the report, a key growth driver is the changing government regulations as they pertain to the healthcare industry. Governments of many countries revise their regulations to make the healthcare sector more customer-oriented. WHO introduced guidelines for international classification of diseases (ICD), a standard diagnostic tool for epidemiology, health management, and for clinical purposes. The ICD guidelines are used globally for reimbursement systems and automated support in the healthcare sector. Currently, the guidelines are in their 10th version.

Further, the report states that one challenge that could impede market growth is the lack of transparency in the healthcare industry.

Global Healthcare IT Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global healthcare IT market: Allscripts Healthcare Solutions, GE Healthcare, McKesson, Oracle, and Siemens Healthcare.

Other Prominent Vendors in the market are: Airclic, Binary System, CareFusion, Cerner, CGI, Dell, Epicor, Fujitsu, GENCO, GHX, HCL Technologies, Hexaware Technologies, HP, iGate, Infor, JDA Software, L & T Infotech, Manhattan Associates, Mayo Clinic, Microsoft, Owens & Minor, Philips Healthcare, ROi, SAP, Solstice Medical, Syntel, Tech Mahindra, TECSYS, and UPS.

Market driver
– Changing government regulations in healthcare industry
– For a full, detailed list, view our report

Market challenge
– Lack of business transparency in healthcare industry
– For a full, detailed list, view our report

Market trend
– Increased adoption of HIS
– For a full, detailed list, view our report

Key questions answered in this report
– What will the market size be in 2020 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?

Spanning over 101 pages and 47 Exhibit “Global Healthcare IT Market 2016 – 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-healthcare-it-market-2016-2020