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Geographic Trends:
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.
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.
The healthcare IT solutions market, by product, is segmented into healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. The healthcare provider solutions market is further categorized into clinical and non-clinical solutions. Non-clinical solutions accounted for the largest share of the global healthcare IT solutions market in 2015. However, the clinical solutions segment is poised to grow at a double-digit CAGR in the forecast period, mainly due to the increasing demand for improved patient safety and care, stringent regulations mandating the implementation of healthcare provider solutions, and need for integrated healthcare systems.
The HCIT outsourcing services market is segmented into provider HCIT outsourcing services, payer HCIT outsourcing services, operational HCIT outsourcing services, and IT infrastructure management services. IT infrastructure management services formed the largest segment of the global healthcare IT outsourcing services market in 2015. The overall growth of the HCIT outsourcing services market is driven by the growing focus of healthcare providers and payers to minimize operational costs and maximize profit margins.
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