Global Healthcare IT Consulting Market

Dhruv Bindhani · Wednesday at 9:58 PM

Gaarti said:
Global Healthcare IT Consulting Market was valued US$ 21.21 bn in 2018 and is estimated to reach US$ XX by 2026 at a CAGR of XX %.

Global Healthcare IT consulting Market

Healthcare IT consulting market is segmented by Type, by End User, by Region. Types are divided into Strategy, Project Management, Integration, Migration, Security, Risk Assessment, Analytics, BPM, and Regulatory. End user is classified into Provider, Hospital, IDN, ACC, Home Care, Payer, Public, and Private. Region wise the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Healthcare IT consulting market presents real data and statistics on the inclinations and improvements in global Healthcare IT Consulting Markets. It also highlights manufacturing, abilities & technologies, and the unstable structure of the market. Market drivers that Increasing Digitization in Healthcare, Data Privacy, and Confidentiality. changing government regulations on payments such as healthcare providers not getting paid for the treatment or care provided but for the healthcare outcomes has made the dependency of hospitals on healthcare IT consulting providers. This trend is expected to continue in the forecast period and have a positive effect on Healthcare IT Consulting Market.

Based on the end user, healthcare providers are covering the large market value share, which is attributed to the growing adoption of electronic record maintenance along with the integration of the hospital to provide more prominent services to the patient base.

In terms of region, North America is expected to account for the largest share of the global Healthcare IT Consulting market. Factors such as government initiatives to enhance adoption of HCIT solutions, increasing government expenditure on HCIT, changing and stringent legislative requirements and accreditations necessary for healthcare IT solutions, growing hospital consolidations, and the presence of a large number of IT solutions and services companies are supporting the growth of the global Healthcare IT Consulting market in the region.

Key players of market operate, Koninklijke Philips N.V., IBM Corporation,General Electric (GE) company, Siemens Healthiness (a division of Siemens Ag),Cerner Corporation, McKesson Corporation, NTT DATA Corporation ,ALLSCRIPTS HEALTHCARE,SOLUTIONS, INC., Deloitte Touche Tohmatsu Limited, Epic Systems Corporation, Cognizant Technology Solutions Corporation, Infor, Inc., Oracle Corporation, Accenture plc., Infosys Ltd.

Scope of Report Global Healthcare IT Consulting Market

Global Healthcare IT consulting Market, by Type:

• Strategy

• Project Management

• Integration

• Migration

• Security

• Risk Assessment

• Analytics

• BPM

• Regulatory

Global Healthcare IT consulting Market, by End user:

• Provider

• Hospitals

• IDN

• ACC

• Home care

• Public

• Private

Global Healthcare IT consulting Market, by Region:

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Key Players, Global Healthcare IT consulting Market:

• Koninklijke Philips N.V.

• IBM Corporation

• General Electric (GE) company

• Siemens Healthineers (a division of Siemens Ag)

• Cerner Corporation

• McKesson Corporation

• NTT DATA Corporation

• ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.

• Deloitte Touche Tohmatsu Limited

• Epic Systems Corporation

• Cognizant Technology Solutions Corporation

• Infor, Inc.

• Oracle Corporation

• Accenture Plc.

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The article from August 21, 2020, provides a comprehensive overview of the Global Healthcare IT Consulting Market, detailing its valuation, segmentation, market drivers, regional dominance, and key players.

Here's a breakdown of the information:

1. Market Valuation and Forecast:

The Global Healthcare IT Consulting Market was valued at US$ 21.21 billion in 2018.
It is estimated to reach US$ XX by 2026 at a CAGR of XX %. (The exact forecast value and CAGR are not provided in the text, but other search results suggest the market is projected to reach significantly higher values, with CAGRs ranging from 11.5% to over 19% by different forecast periods).

2. Market Segmentation:

By Type:
- Strategy
- Project Management
- Integration
- Migration
- Security
- Risk Assessment
- Analytics
- BPM (Business Process Management)
- Regulatory
By End User:
- Provider
- Hospitals
- IDN (Integrated Delivery Networks)
- ACC (Ambulatory Care Centers)
- Home Care
- Payer
- Public
- Private
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America

3. Market Drivers:

Increasing Digitization in Healthcare: This is a major factor, transforming how healthcare services are delivered and managed.
Data Privacy and Confidentiality: The growing importance of securing sensitive health data.
Changing Government Regulations on Payments: The shift from payment for treatment/care to payment based on healthcare outcomes (value-based care) drives hospitals' reliance on IT consulting providers. This trend is expected to continue and positively impact the market.

4. End-User Dominance:

Healthcare Providers are noted as holding the largest market value share. This is attributed to their increasing adoption of electronic record maintenance and the integration of hospitals to provide better services to patients.

5. Regional Dominance:

North America is expected to account for the largest share of the global Healthcare IT Consulting market.
Factors contributing to North America's growth:
- Government initiatives to enhance the adoption of HCIT (Healthcare IT) solutions.
- Increasing government expenditure on HCIT.
- Changing and stringent legislative requirements and accreditations for healthcare IT solutions.
- Growing hospital consolidations.
- Presence of a large number of IT solutions and services companies.

6. Key Players Operating in the Market:

Koninklijke Philips N.V.
IBM Corporation
General Electric (GE) company
Siemens Healthineers (a division of Siemens AG)
Cerner Corporation
McKesson Corporation
NTT DATA Corporation
ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.
Deloitte Touche Tohmatsu Limited
Epic Systems Corporation
Cognizant Technology Solutions Corporation
Infor, Inc.
Oracle Corporation
Accenture plc.
Infosys Ltd.

The report aims to provide real data and statistics on market trends, manufacturing capabilities, technologies, and market structure, helping decision-makers to outline strategies.

Global Healthcare IT Consulting Market

Dhruv Bindhani

Active member