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Competitive Scenario:
McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), athenahealth, Inc. (U.S.), Epic Systems Corporation (U.S.), GE Healthcare (U.K.), Siemens Healthcare (Germany), Cerner Corporation (U.S.), and Carestream Health (U.S.) are some leading players in the global market.
These players have a strong portfolio of IT solutions for the healthcare industry. Their global presence and continuous focus on innovation, in order to meet end-user needs, have contributed to their leadership in the global market.
North America is the largest regional segment of the global healthcare IT solutions market; it accounted for the largest share of the market in 2015, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
While the U.S. will continue to dominate the global market during the forecast period, emerging markets across Asia-Pacific and Latin America are expected to grow at the highest CAGR.
Currently, the global healthcare IT solutions market is primarily driven by continuously increasing healthcare expenditure, increasing use of data-driven technologies, introduction of various healthcare reforms and changing regulations, and growing pressure on healthcare organizations to curtail healthcare costs against the backdrop of rising incidences of chronic disorders and increasing geriatric population.
In addition to the demand for IT solutions from healthcare providers, the growing need of healthcare insurance providers to efficiently manage in-depth records of claims and reimbursements is also expected to contribute to the growth of the market in the coming years.
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