Information technology is used in the healthcare industry to support health information management. The IT technology is used by the healthcare providers to improve patient care. The global healthcare information technology consulting market is expected to reach $65.25 Billion by 2024 from $18.38 Billion in 2017, at a CAGR of 20.2%. Growing digitisation in healthcare and changes in the HCIT landscape are the drivers boosting the growth of the market. On the flip side, concerns regarding data confidentiality are the restraint hampering the market growth. Increasing consolidation in the healthcare industry and potential for healthcare IT consultants in emerging markets are the opportunities for the market.
Research Study Objectives:
- Define, estimate, and forecast the Healthcare IT Consulting market statistics by type, end user and regions concerning the individual growth drivers, market trends and their contribution toward the Healthcare IT Consulting market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Healthcare IT Consulting Market Analysis
- Analysis and conclusions on the future Healthcare IT Consulting market outlook.
Top-down and bottom-up approaches are used to validate the Healthcare IT Consulting Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary
research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Healthcare IT Consulting Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Healthcare IT Consulting market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Healthcare IT Consulting market segmentation is as follows:
By Type
- HCIT Strategy and Project/Program Management
- Healthcare Application Analysis, Design and Development
- HCIT Integration and Migration
- HCIT Change Management
- Healthcare/Medical System Security Set-Up and Risk Assessment
- Healthcare Enterprise Reporting and Data Analytics
- Production Go-Live/Post Go-Live Support
- Healthcare Business Process Management
- Regulatory Compliance
- Other Consulting Services
By End-User
- Healthcare providers
- Healthcare Payers
- Others
Geographical Analysis:
Healthcare IT Consulting Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging
nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Healthcare IT Consulting Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Healthcare IT Consulting Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Healthcare IT Consulting market players, such as
- Koninklijke Philips N.V.
- IBM Corporation
- General Electric (GE) Company
- Siemens Healthineers
- Cerner Corporation
- Along with these companies, many other companies are considered in the report while analysing the Global Healthcare IT Consulting competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
