According to a new market report published by Lucintel, the future of the healthcare IT market looks promising with opportunities in the healthcare providers, hospitals, ambulatory care centers, home healthcare agencies, nursing homes, and assisted living facilities, diagnostic and imaging centers, pharmacies and healthcare payers. The healthcare IT market is expected to grow with a CAGR of 16% from 2019 to 2024. The major drivers for this market are growing need to manage regulatory compliance through healthcare it solutions, rising need to curtail healthcare costs, government support for HCIT solutions, and growing focus on improving the quality of care and clinical outcomes.
In this market, healthcare provider solutions, healthcare analytics, and HCIT outsourcing services market are the major product segment. On the basis of comprehensive research, Lucintel forecasts that the healthcare provider solutions will remain the largest segment and it is also expected to witness highest growth over the forecast period due to government initiatives to improve the quality of patient care and the need to control growing healthcare costs & improve the efficiency of healthcare services. Within the healthcare IT market, service, software, and hardware are the major components. Service will remain the largest application of healthcare IT Market.
North America will remain the largest region over the forecast period due to the technological competencies of healthcare industry and presence of well-established healthcare IT infrastructure in this region.
Cerner, Mckesson, Ge Healthcare, Allscripts Healthcare Solutions, Philips Healthcare, EPIC Systems, Infor, Cognizant Technology Solutions, Oracle, Athena health, Dell Technologies, and Optum are among the major manufacturers of healthcare IT market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the healthcare IT market by product and services, components, end user, and region. Lucintel has prepared a comprehensive research report entitled "Healthcare IT Market 2019-2024: Trends, Forecast, and Opportunity Analysis". The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the healthcare IT market by product and services, components, end user, and region as follows:
By Products & Services [$M shipment analysis for 2013 – 2024]:
• Healthcare Provider Solutions
• Healthcare Analytics
• HCIT Outsourcing Services
By Components [$M shipment analysis for 2013 – 2024]:
• Services
• Software
• Hardware
By End User [$M shipment analysis for 2013 – 2024]:
• Healthcare Providers
• Hospitals
• Ambulatory Care Centers
• Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
• Diagnostic And Imaging Centers
• Pharmacies
• Healthcare Payers
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia-Pacific
o China
o India
o Japan
• Rest of the World (ROW)
o Brazil

This research report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the healthcare IT market by products & services (healthcare provider solutions, healthcare analytics, and HCIT outsourcing services), components (services, software, and hardware), end user (healthcare providers, hospitals, ambulatory care centers, home healthcare agencies, nursing homes, and assisted living facilities, diagnostic and imaging centers, pharmacies, healthcare payers, and others), and region (North America, Europe, Asia-Pacific, and Rest of the World (ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the healthcare IT market?
Q.5 What are the business risks and threats to the healthcare IT market?
Q.6 What are emerging trends in this healthcare IT market and the reasons behind them?
Q.7 What are some changing demands of customers in the healthcare IT market?
Q.8 What are the new developments in the healthcare IT market? Which companies are leading these developments?
Q.9 Who are the major players in this healthcare IT market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this healthcare IT area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this healthcare IT market?