North America healthcare IT market is projected to grow by 11.6% annually in the forecast period and reach $305.5 billion by 2031, driven by the increasing volume of patient data, rising digitalization of healthcare system powered by technological advancements in mHealth/telehealth/remote patient monitoring, increasing investment and government mandates & support for healthcare IT solutions, and the need to curtail escalating healthcare costs with HCIT solutions due to COVID-19.
Highlighted with 87 tables and 79 figures, this 162-page report "North America Healthcare IT Market 2021-2031 by Component (Hardware, Software, Services), Product (Healthcare Providers Solutions, Healthcare Payers Solutions, HCIT Outsourcing Services), Delivery Mode (On-Premise, Cloud-based), End User, and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire North America healthcare IT market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America healthcare IT market in every aspect of the classification from perspectives of Component, Product, Delivery Mode, End User, and Country.
Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section.
• Hardware
• Software
• Services
Based on Product, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section.
• Healthcare Providers Solutions
o Clinical Solutions
Electronic Health Record (HER)
Population Health Management Solutions
Medical Image Processing Analysis System
Picture Archiving and Communication Systems (PACS)
Radiology Imaging Systems (RIS)
Laboratory Information Systems
Vendor Neutral Archive (VNA)
Computerized Physician Order Entry (CPOE)
Clinical Decision Support Systems
Specialty Management Information Systems
Healthcare IT Integration System
Practice Management Systems
Radiation Dose Management Systems
Electronic Prescribing Systems
Tele-Healthcare
Others
o Non-Clinical Solutions
Healthcare Asset Management Solutions
Healthcare Information Exchange
Revenue Cycle Management Solutions
Financial Management Systems
Medical Document Management Systems
Pharmacy Information Systems
Workforce Management Systems
Healthcare Analytics
Healthcare Interoperability Solutions
Healthcare Quality Management Solutions
Medication Management Systems
Others
• Healthcare Payers Solutions
o Claims Management Systems
o Customer Relationship Management Solutions
o Pharmacy Audit and Analysis Solutions
o Payment Management Solutions
o Member Eligibility Management Solutions
o Fraud Analytics Solutions
o Others
• HCIT Outsourcing Services
o Claims Management Services
o Provider Network Management Services
o Billing and Accounts Management Services
o Fraud Analytics Services
o Others
By Delivery Mode, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section.
• On-Premise Deployment
• Cloud-based Deployment
By End User, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section.
• Healthcare Providers
o Hospitals, Physician Groups and IDNs
o Ambulatory Care Centers
o Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities
o Diagnostic and Imaging Centers
o Other Providers
• Healthcare Payers
o Private Payers
o Public Payers
• Other End Users
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2021-2031. The breakdown of national markets by Component, Product, and Delivery Mode over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Allscripts Healthcare Solutions, Inc.
Athenahealth Inc.
Cerner Corporation
Cognizant Technology Solutions Corporation
eClinicalWorks LLC
EPIC Systems Corporation
GE Healthcare
Infor Inc.
International Business Machine Corporation
Koninklijke Philips N.V.
McKensson Corporation
Optum, Inc. (A Part of Unitedhealth Group)
Oracle Corporation
Siemens Healthineers AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 20
2.2 Major Growth Drivers 22
2.3 Market Restraints and Challenges 26
2.4 Emerging Opportunities and Market Trends 29
2.5 Porter's Fiver Forces Analysis 33
3 Segmentation of North America Market by Component 37
3.1 Market Overview by Component 37
3.2 Hardware 39
3.3 Software 40
3.4 Services 41
4 Segmentation of North America Market by Product 42
4.1 Market Overview by Product 42
4.2 Healthcare Providers Solutions 44
4.2.1 Clinical Solutions 45
4.2.2 Non-Clinical Solutions 47
4.3 Healthcare Payers Solutions 50
4.4 HCIT Outsourcing Services 52
5 Segmentation of North America Market by Delivery Mode 54
5.1 Market Overview by Delivery Mode 54
5.2 On-Premise Deployment 56
5.3 Cloud-based Deployment 57
6 Segmentation of North America Market by End User 58
6.1 Market Overview by End User 58
6.2 Healthcare Providers 60
6.2.1 Hospitals, Physician Groups and IDNs 62
6.2.2 Ambulatory Care Centers 63
6.2.3 Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities 64
6.2.4 Diagnostic and Imaging Centers 65
6.2.5 Other Providers 66
6.3 Healthcare Payers 67
6.3.1 Private Payers 68
6.3.2 Public Payers 69
6.4 Other End Users 70
7 North America Market 2021-2031 by Country 71
7.1 Overview of North America Market 71
7.2 U.S. 74
7.3 Canada 77
7.4 Mexico 79
8 Competitive Landscape 81
8.1 Overview of Key Vendors 81
8.2 New Product Launch, Partnership, Investment, and M&A 84
8.3 Company Profiles 85
Allscripts Healthcare Solutions, Inc. 85
Athenahealth Inc. 87
Cerner Corporation 88
Cognizant Technology Solutions Corporation 89
eClinicalWorks LLC 90
EPIC Systems Corporation 91
GE Healthcare 92
Infor Inc. 93
International Business Machine Corporation 94
Koninklijke Philips N.V. 95
McKensson Corporation 96
Optum, Inc. (A Part of Unitedhealth Group) 97
Oracle Corporation 98
Siemens Healthineers AG 99
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