Healthcare IT integration is a
consortium of IT and healthcare sector and involves the application of latest
IT solutions to monitor people’s health, perform secured exchange of their
electronic data and provide economical healthcare solutions.
The major factors that will
accelerate the growth of the healthcare IT integration market are high
healthcare costs, government initiatives to curb this rising cost and the
growing demand to incorporate IT in the healthcare domain. However, the cost of
incorporation is expensive and needs to monitored for the growth in the global
market.
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The players in the global
market are focusing to launch products with technological advancements which is
causing rapid growth of the market. Another key factor that drives the growth
of the healthcare IT integration market is the integration of healthcare
industry with information technology and application of IoT (Internet of
Things) to curb the overall healthcare cost. The government organizations have
been providing their support and taking initiatives for the growth of the
healthcare integration market size.
Globally, North America leads
the healthcare IT integration market followed by Europe. The reasons for the
growth of North America healthcare IT integration industry are technologically
advanced environment in the region, increased government intervention to
provide better healthcare facilities and favorable reimbursement policies that
aid in lowering the rising healthcare cost and the growing demand of
integrating IT into the healthcare system.
Asia-Pacific is expected to be
the fastest growing healthcare IT integration market in the forecast period.
The rise in awareness with respect to various health conditions and the
consequent increase in expenditure for a better healthcare infrastructure,
thereby providing quality healthcare facilities at lower cost are some of the
drivers for the region’s fastest growth.
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key players in the global
healthcare IT integration market are Quality Systems Inc., Allscripts
Healthcare Solutions, Inc., Orion Health, Oracle Corporation, Qualcomm Life,
Inc., IBM Corporation, Corepoint Health LLC, GE Healthcare, Siemens Health,
Epic Systems Corporation, Summit Healthcare Services, Inc.
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