PRESS RELEASE
Published April 26, 2023
As per the study initiated by Evolve Business Intelligence, the global Healthcare IT Integration Market size accounted for USD 4.2 Billion in 2022, growing at a CAGR of 12.5% from 2023 to 2033.
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COVID-19 scenario:
- The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
- The companies operating in the Healthcare IT Integration market have been positively impacted due to the COVID-19 pandemic resulted in a increase in the growth of the market for 2020 and 2021.
The major factor that have impacted the growth of the market includes Growing use of electronic health records (EHRs) and other HCIT systems, and also favorable government support and campaigns, among others.
Patient data is often unstructured, complex, and private. Integrating this data into the healthcare delivery process is a problem that must be overcome to realize prospects for better patient care. Even though electronic health records are in use for over a decade, the market has accelerated in recent years as a result of government measures in several nations to increase patient security. Other nations’ government initiatives are supporting the deployment of EHRs and mandating their meaningful use to manage rising healthcare costs and improve patient care quality.
Regional Analysis
During the forecast period, Asia Pacific is expected to grow at the fastest rate. The favorable government initiatives for implementing IT in the healthcare industry, growing medical tourism, rising demand for advanced telehealth & eHealth solutions due to the COVID-19 outbreak, and the rising demand for quality healthcare in this region are all contributing to the region’s high growth rate.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
The global Healthcare IT Integration market provides an in-depth analysis of key players which includes:
- Infor
- InterSystems Corporation
- Cerner Corporation
- Allscripts Healthcare Solutions Inc
- Orion Health
- NextGen Healthcare Inc
- iNTERFACEWARE Inc
- Epic Systems Corporation
- Koninklijke Philips
- Capsule Technologies Inc
| Parameters | Details |
| Market Size (2022) | $ 4.2 Billion |
| CAGR (2023 to 2033) | More than 12.5% |
| Market Segmentation | Product, Services, and End-User |
| Companies profiled | Infor, InterSystems Corporation, Cerner Corporation, Allscripts Healthcare Solutions Inc, Orion Health, NextGen Healthcare Inc, iNTERFACEWARE Inc, Epic Systems Corporation, Koninklijke Philips, Capsule Technologies Inc |
| Country Covered | US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America |
The global Healthcare IT Integration Market is segmented based on Product, Services, and End-User. Based on Product, the market is segmented as interface/Integration engines, medical device integration software, media Integration solutions, others. Based on Services, the market is segmented as implementation & Integration, support & maintenance, training & education, consulting. Based on End-User, the market is segmented as hospitals, laboratories, clinics, diagnostic imaging centers, others.
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Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa and South America)
About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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