US Healthcare IT Market Sales Volume, Status, Growth, Opportunities and US Market Share Of 2017-2025

A recent report by KD market insights titled as "US Healthcare IT Market Size, Trends & Opportunity Outlook – Forecast to 2025" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2017-2025. The study also provides the US Healthcare IT Market. competitors share and region wise analysis around the globe. 

The U.S. healthcare information technology (HCIT) market was evaluated at $61,018 million in 2017, and is estimated to reach $149,178 million by 2025, at a CAGR of 11.7% during the forecast period. Healthcare information technology (IT) is an IT field that involves the creation, development, design, use, and maintenance of information systems for the healthcare industry. Automated and interoperable healthcare information systems are anticipated to improve medical care, reduce healthcare costs, increase efficiency, reduce error, and improve patient satisfaction, while optimizing reimbursement for ambulatory and inpatient healthcare providers.

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The market experiences significant growth due to increase in demand for quality healthcare services and solutions, rise in acceptance of mHealth and telehealth practices, surge in demand for improved patient safety and patient care as well as upsurge in government initiatives to promote HCIT. However, high costs incurred for implementation, maintenance, and upgradation of services are anticipated to restrict the growth of this market. Moreover, the healthcare IT is already a well-established market and thus, there is a huge supply and demand gap with many local as well as key players operating in this segment, which in turn is expected to hamper the market growth. Moreover, numerous key players have collaborated with local players to develop efficient products, which would provide lucrative opportunities for the market growth.

The U.S. HCIT market is segmented based on product, end user, and geography. By product, the healthcare IT market is classified into healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. Further, healthcare provider solutions segment is bifurcated into clinical solutions and non-clinical healthcare IT solutions. Clinical solutions is further sub-segmented into electronic health records/electronic medical records, vendor neutral archives (VNA), computerized physician order entry (CPOE), clinical decision support systems (CDSS), radiology information systems (RIS), radiation dose management, specialty management information systems, medical image processing and analysis systems, healthcare IT integration systems, practice management systems, laboratory information systems, digital pathology solutions, mobile health solutions, and telehealth. Non-clinical healthcare IT solutions segment is divided into pharmacy information systems (PIS), medication management systems, healthcare asset management, workforce management systems (WFM), revenue cycle management solutions, medical document management solutions, financial management systems, healthcare information exchange (HIE), population health management solutions, supply chain management, healthcare analytics, and customer relationship management (CRM). By end user, the healthcare IT market is bifurcated into healthcare providers and healthcare payers. The healthcare providers segment is further categorized into hospitals, ambulatory care centers, diagnostic and imaging centers, pharmacies, and others (home healthcare agencies, nursing homes, and assisted living centers). The healthcare payers segment is further classified into private payers and public payers. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA regions.

The key players analyzed in the report are Allscripts Healthcare Solutions, Inc., athenahealth, Inc., Cerner Corporation, Epic Systems Corporation, HealthStream, Greenway Health, LLC, IBM Corporation, Infor, McKesson Corporation, and SAS Institute Inc.

Key Benefits For U.s. Healthcare IT Market :

- The study provides an in-depth analysis of the U.S. healthcare IT market along with current trends and future estimations to elucidate the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided.
- A comprehensive quantitative analysis of the industry from 2017 to 2025 is provided to enable stakeholders to capitalize on the prevailing market opportunities.
- An extensive analysis of the key segments of the industry helps understand the products and technologies used in the U.S.
- Key market players and their strategies are provided to understand the competitive outlook of the market

U.s. Healthcare IT Key Market Segments :

By Product Type

Healthcare Provider Solutions
- Clinical Solutions
- - - Electronic Health/Medical Records
- - - Vendor Neutral Archive (VNA)
- - - Computerized Physician Order Entry
- - - Clinical Decision Support Systems
- - - Radiology Information Systems
- - - Radiation Dose Management Solution
- - - Specialty Management Information Systems
- - - Medical Image Processing &Analysis Solution
- - - Healthcare IT Integration Systems
- - - Practice Management Systems
- - - Laboratory Information Systems
- - - Digital Pathology Solutions
- - - mHealth Solutions
- - - Telehealth Solutions
- Non-clinical Solutions
- - - Pharmacy Information Systems
- - - Medication Management Systems
- - - Electronic Medication Administration Records Solution
- - - Barcode Medication Administration Solution
- - - Medication Inventory Management Systems
- - - Medication Assurance Systems
- Healthcare Asset Management
- - - Equipment Management Systems
- - - Patient Tracking and Management Solution
- - - Temperature and Humidity Monitoring Solution
- Workforce Management Systems
- Revenue Cycle Management Solution
- - - Admission Discharge Transfer/Registration
- - - Computer Assisted Coding Systems
- - - Patient Scheduling Solution
- - - Patient Billing and Claims Management Solutions
- - - Electronic Data Interchange Solution
- Financial Management Systems
- Medical Document Management Systems
- Healthcare Information Exchanges
- Population Health Management Solution
- Supply Chain Management Solution
- - - Procurement management
- - - Inventory Management
Healthcare Analytics
- Clinical Analytics
- Financial Analytics
- Operational and Administrative Analytics
- Customer Relationship Management Solution
- Healthcare Payer Solutions
- Pharmacy Analysis and Audit Solution
- Claims Management Solution
- Fraud Management Solution
- Computer-assisted Coding Systems
- Payment Management Solution
- - - Patient Billing Management Solution
- - - Provider Billing Management Solution
- Provider Network Management Solution
- Member Eligibility Management Solution
- Customer Relationship Management Solution
- Medical Document Management Solution
- Others (General Ledger & Payroll Management)
HCIT Outsourcing Services
- Provider HCIT Outsourcing Services
- - - Medical Document Management Services
- - - Pharmacy Information Management Services
- - - Laboratory Information Management Services
- - - Revenue Cycle Management Services
- - - Others
- Payer HCIT Outsourcing Services
- - - Claim Management
- - - Customer Relationship Management Services
- - - Billing System
- - - Fraud Detection
- - - Others
- Operational HCIT Outsourcing Services
- - - Supply Chain Management Services
- - - Business Process Management Services
- - - Others
- IT Infrastructure Management Services

By End User

- Healthcare Providers
- - - Hospitals
- - - Ambulatory Care Centers
- - - Diagnostic & Imaging Centers
- - - Pharmacies
- - - Others (Home Healthcare Agencies, Nursing Homes, and Assisted Living Centers)
- Healthcare Payers
- - - Private Payers
- - - Public Payers

Key Players Profiled

- Allscripts Healthcare Solutions, Inc.
- Athenahealth, Inc.
- Cerner Corporation
- Epic Systems Corporation
- HealthStream
- Greenway Health LLC
- IBM Corporation
- Infor
- McKesson Corporation
- SAS Institute Inc.

The other players in the value chain include (profiles not included in the report) the following:

- InterSystems Corporation
- Medical Information Technology, Inc.
- Evolent Health, Inc.
- Experian Information Solutions, Inc.

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Table Of Content:

CHAPTER 1: INTRODUCTION

1.1. Report Description

1.2. Key benefits for stakeholders

1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research

1.4.2. Primary research

1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market Definition and Scope

3.2. Key findings

3.2.1. Top investment pockets

3.3. Top player positioning, 2017

3.4. Top Winning Strategies

3.5. Porters Five Forces analysis

3.6. MARKET DYNAMICS

3.6.1. Drivers

3.6.1.1. Rise in demand for quality healthcare services and solutions

3.6.1.2. Surge in demand for improved patient safety and patient care

3.6.1.3. Rise in government initiatives to promote HCIT

3.6.2. Restraint

3.6.2.1. High costs incurred for implementation, maintenance, and upgrading services

3.6.2.2. Huge supply and demand gap

3.6.3. Opportunity

3.6.3.1. Collaboration of key players with local players

3.6.4. Impact Analyses

CHAPTER 4: U.S. HEALTHCARE INFORMATION TECHNOLOGY (HCIT) MARKET, BY PRODUCT TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Healthcare Provider Solutions

4.2.1. Key market trends, growth factors, and opportunities

4.2.2. Market size and forecast, by product type

4.2.2.1. Clinical Solutions

4.2.2.1.1. Market size and forecast

4.2.2.1.2. Electronic Health/Medical Records

4.2.2.1.2.1. Market size and forecast

4.2.2.1.3. Vendor Neutral Archive (VNA)

4.2.2.1.3.1. Market size and forecast

4.2.2.1.4. Computerized Physician Order Entry

4.2.2.1.4.1. Market size and forecast

4.2.2.1.5. Clinical Decision Support Systems

4.2.2.1.5.1. Market size and forecast

4.2.2.1.6. Radiology Information Systems

4.2.2.1.6.1. Market size and forecast

4.2.2.1.7. Radiation Dose Management Solution

4.2.2.1.7.1. Market size and forecast

4.2.2.1.8. Specialty Management Information Systems

4.2.2.1.8.1. Market size and forecast

4.2.2.1.9. Medical Image Processing &Analysis Solution

4.2.2.1.9.1. Market size and forecast

4.2.2.1.10. Healthcare Information Technology Integration Systems

4.2.2.1.10.1. Market size and forecast

4.2.2.1.11. Practice Management Systems

4.2.2.1.11.1. Market size and forecast

4.2.2.1.12. Laboratory Information Systems

4.2.2.1.12.1. Market size and forecast

4.2.2.1.13. Digital Pathology Solutions

4.2.2.1.13.1. Market size and forecast

4.2.2.1.14. Mobile health (mHealth) Solutions

4.2.2.1.14.1. Market size and forecast

4.2.2.1.15. Telehealth Solutions

4.2.2.1.15.1. Market size and forecast

4.2.2.2. Non-clinical Solutions

4.2.2.2.1. Market size and forecast

4.2.2.2.2. Pharmacy Information Systems

4.2.2.2.2.1. Market size and forecast

4.2.2.2.3. Medication Management Systems

4.2.2.2.3.1. Market size and forecast

4.2.2.2.3.2. Electronic Medication Administration Records (eMAR) Solution: Market size and forecast

4.2.2.2.3.3. Barcode Medication Administration Solution: Market size and forecast

4.2.2.2.3.4. Medication Inventory Management Systems: Market size and forecast

4.2.2.2.3.5. Medication Assurance Systems: Market size and forecast

4.2.2.2.4. Healthcare Asset Management

4.2.2.2.4.1. Market size and forecast

4.2.2.2.4.2. Equipment Management Systems: Market size and forecast

4.2.2.2.4.3. Patient Tracking and Management Solution: Market size and forecast

4.2.2.2.4.4. Temperature and Humidity Monitoring Solution: Market size and forecast

4.2.2.2.5. Workforce Management Systems

4.2.2.2.5.1. Market size and forecast

4.2.2.2.6. Revenue Cycle Management Solution

4.2.2.2.6.1. Market size and forecast

4.2.2.2.6.2. Admission Discharge Transfer/Registration: Market size and forecast

4.2.2.2.6.3. Computer Assisted Coding Systems: Market size and forecast

4.2.2.2.6.4. Patient Scheduling Solution: Market size and forecast

4.2.2.2.6.5. Patient Billing and Claims Management Solutions: Market size and forecast

4.2.2.2.6.6. Electronic Data Interchange Solution: Market size and forecast

4.2.2.2.7. Financial Management Systems

4.2.2.2.7.1. Market size and forecast

4.2.2.2.8. Medical Document Management Systems

4.2.2.2.8.1. Market size and forecast

4.2.2.2.9. Healthcare Information Exchanges

4.2.2.2.9.1. Market size and forecast

4.2.2.2.10. Population Health Management Solution

4.2.2.2.10.1. Market size and forecast

4.2.2.2.11. Supply Chain Management Solution

4.2.2.2.11.1. Market size and forecast

4.2.2.2.11.2. Procurement management: Market size and forecast

4.2.2.2.11.3. Inventory Management: Market size and forecast

4.2.2.2.12. Healthcare Analytics

4.2.2.2.12.1. Market size and forecast

4.2.2.2.12.2. Clinical Analytics: Market size and forecast

4.2.2.2.12.3. Financial Analytics: Market size and forecast

4.2.2.2.12.4. Operational and Administrative Analytics: Market size and forecast

4.2.2.2.13. Customer Relationship Management Solution

4.2.2.2.13.1. Market size and forecast

4.2.3. Market size and forecast, by region

4.2.4. Market analysis, by country

4.3. Healthcare Payer Solutions

4.3.1. Key market trends, growth factors, and opportunities

4.3.2. Market size and forecast,

4.3.2.1. Pharmacy Analysis and Audit Solution

4.3.2.1.1. Market size and forecast

4.3.2.2. Claims Management Solution

4.3.2.2.1. Market size and forecast

4.3.2.3. Fraud Management Solution

4.3.2.3.1. Market size and forecast

4.3.2.4. Computer-assisted coding systems

4.3.2.4.1. Market size and forecast

4.3.2.5. Payment management

4.3.2.5.1. Market size and forecast

4.3.2.5.1.1. Patient Billing Management Solution: Market size and forecast

4.3.2.5.1.2. Provider Billing Management Solution: Market size and forecast

4.3.2.6. Provider Network Management Solution

4.3.2.6.1. Market size and forecast

4.3.2.7. Member Eligibility Management Solution

4.3.2.7.1. Market size and forecast

4.3.2.8. Customer relationship management solution

4.3.2.8.1. Market size and forecast

4.3.2.9. Medical document management solution

4.3.2.9.1. Market size and forecast

4.3.2.10. Other (General ledger & payroll management)

4.3.2.10.1. Market size and forecast

4.3.3. Market size and forecast, by region

4.3.4. Market analysis, by country

4.4. HCIT outsourcing services

4.4.1. Key market trends, growth factors, and opportunities

4.4.2. Market size and forecast,

4.4.2.1. Provider HCIT Outsourcing Services Market

4.4.2.1.1. Market size and forecast

4.4.2.1.1.1. EHR and medical document management services: Market size and forecast

4.4.2.1.1.2. Pharmacy information management services: Market size and forecast

4.4.2.1.1.3. Laboratory information management services: Market size and forecast

4.4.2.1.1.4. Revenue cycle management services: Market size and forecast

4.4.2.1.1.5. Others: Market size and forecast

4.4.2.2. Payer HCIT Outsourcing Services

4.4.2.2.1. Market size and forecast

4.4.2.2.1.1. Customer Relationship Management Services: Market size and forecast

4.4.2.2.1.2. Claims Processing Services: Market size and forecast

4.4.2.2.1.3. Billing Management Systems: Market size and forecast

4.4.2.2.1.4. Fraud Detection Services: Market size and forecast

4.4.2.2.1.5. Other Payer Outsourcing Services: Market size and forecast

4.4.2.3. Operational HCIT outsourcing services

4.4.2.3.1. Market size and forecast

4.4.2.3.1.1. Supply chain management services: Market size and forecast

4.4.2.3.1.2. Business process management services: Market size and forecast

4.4.2.3.1.3. Others: Market size and forecast

4.4.2.4. IT infrastructure management services

4.4.2.4.1. Market size and forecast

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