(Wireless-NewsWire.Com, September 22, 2018 ) According to Verified Market Intelligence, the global healthcare IT solutions market tracker was valued at USD 137.71 billion in 2016 and is projected to reach USD 417 billion by 2025, growing at a CAGR of 13.1% from 2017 to 2025.
Healthcare IT Solutions is referred to the analytical service provider software systems. For the maintenance of data and keeping a record safely, mainly used by Health Organizations to keep a track of patients, their medical data, personal therapy data and other information related to treatment.
Healthcare IT solutions transform the practice of delivering healthcare services. It mainly focuses on modernizing healthcare IT delivery and improving clinical workflow by maintaining and keeping the medical records, medical and personal therapy data safely and thus providing enhanced healthcare services.
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Growing need to manage regulatory compliance, need to curtail healthcare cost, government support for healthcare IT solutions are the driving factors for the global healthcare IT solutions market tracker. Apart from this, patient data privacy, lack of IT professionals and high cost of implementation might hinder the overall growth.
Competitive Landscape:
The major players in the market are as follows:
Koninklijke Philips N.V. IBM Corporation General Electric (GE) Company Waters Corporation Siemens Healthineers (A Division of Siemens AG) Cerner Corporation Perkinelmer Inc. Mckesson Corporation NTT Data Corporation Allscripts Healthcare Solutions, Inc. Deloitte Touche Tohmatsu Limited Epic Systems Corporation Cognizant Infor, Inc. Oracle Accenture Infosys
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