Meticulous Research, a global leader in market research, has launched a report titled “North America Healthcare IT Market by Product (EMR, mHealth, PHM, RIS, PACS, RCM, Healthcare Analytics, Telehealth, SCM, HIE), Component (Software, Service), Delivery Mode (Web, Cloud), and End User (Hospital, Payer, Ambulatory, Homecare) - Forecast to 2030.”

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According to this report, the North America healthcare IT market is anticipated to witness a CAGR of 10% from 2024, aiming for a total market value of $344.95 billion by 2030. The market's expansion is largely driven by the rising adoption of digital health technologies, supportive government regulations promoting HCIT solutions, a shift towards value-based care, and increased utilization of big data in healthcare management. Moreover, the market benefits from a high return on IT investment and a growing prevalence of chronic diseases. Nevertheless, challenges such as high installation and maintenance costs pose significant obstacles. Opportunities for growth are emerging from an increased emphasis on cloud solutions and the integration of AI and IoT technologies into healthcare. Issues surrounding data interoperability and privacy and security also remain relevant.

Leading Industry Players

Key market players in the North America healthcare IT market include McKesson Corporation (U.S.), Optum Health (U.S.), IBM (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Epic Systems Corporation (U.S.), athenahealth, Inc. (U.S.), GE HealthCare Technologies Inc. (U.S.), Cerner Corporation (U.S.), and Oracle Corporation (U.S.).

Market Segmentation

The North America healthcare IT market is segmented into Healthcare IT Provider Solutions, Healthcare Payer Solutions, and Healthcare IT Outsourcing Services. The Healthcare Provider Solutions segment is projected to dominate due to increasing demand for integrated healthcare solutions and heightened emphasis on patient safety.

Component Overview

The market is divided into services, software, and hardware, with the services segment expected to lead, supported by increased investment in healthcare infrastructure and the growing adoption of digital health technologies during the COVID-19 pandemic.

Delivery Mode Preferences

In terms of delivery modes, cloud/web-based solutions are anticipated to be the leading choice, largely due to their enhanced security and flexibility. The healthcare providers segment is expected to capture the largest market share, driven by the increasing demand for convenient healthcare services amid a growing physician shortage.

Geographic Insights

Regionally, the United States is projected to remain the frontrunner in the North America healthcare IT market, attributed to rising healthcare expenditures, an aging population, and an increasing number of chronic conditions.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/north-america-healthcare-it-market-5634

Key questions answered in the report:

  • Which are the high-growth market segments in terms of product, component, delivery mode, end user, and country?
  • What was the historical market for healthcare IT across North America?
  • What are the market forecasts and estimates for the period 2024–2030?
  • What are the major drivers, restraints, opportunities, and challenges in the North America healthcare IT market?
  • Who are the major players in the North America healthcare IT market?
  • How is the competitive landscape, and who are the market leaders in the North America healthcare IT market?
  • What are the recent developments in the North America healthcare IT market?
  • What strategies are adopted by the major players in the North America healthcare IT market?
  • What are the geographical trends and high-growth countries?

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