Healthcare IT Integration Market by Product (Medical Device Integration Software, Interface Engines, Media Integration Solutions), by Services (Implementation & Integration, Training & Education, Support & Maintenance, Consulting), by End-User (Hospitals, Diagnostic Imaging Centers, Laboratories, Clinics,) – Global Analysis & Forecast, 2020 – 2027

    14-January-2021 | 208 Pages | | Report Code : RC-269

Global Healthcare IT Integration Marketis expected to grow steadily at a CAGR of 11.3% from 2020 to 2027.The growing need to increase the efficiency of current medical practices and build a single platform for patients' records coupled with rising demand to cut healthcare expenditure are driving the healthcare IT integration market. Rising concern towards patient safety and favorable government support for HCIT would open attractive business opportunities for key players in the coming years.Data security concerns would be a major challenge for key players. Prominent players are integrating their EHR platforms with telehealth solutions to ease and promote virtual patient visits.

 

The global Healthcare IT Integration Marketis segmented by product, services, and end-user. By product, the market is segmented into medical device integration software, media integration solutions, interface/integration engines,and other integration tools. By services, the market is divided into support & maintenance, implementation & integration, training & education, and consulting services. By end-user, the market is segmented into clinics, diagnostic imaging centers, hospitals, laboratories, and other end users. North America accounted for the largest market share in the global healthcare IT integration market. The increasing government initiatives for improving patient care, better reimbursement facilities, and the rising adoption of healthcare information technology by providers, and payers have boosted the market growth in this region.

 

Key players are venturing into market strategies, such as mergers and partnerships to sustain their strong position in the market. For instance, in February 2019, Heritage Valley Health System had partnered with Allscripts Healthcare Solutions Inc., which was aimed to deploy Allscripts solutions to physician practices, outpatient facilities, and hospitals. The leading market players in the healthcare IT integration market include Cerner Corporation, Allscripts Healthcare Solutions, Inc.,InterSystems Corporation, Orion Health, NextGen Healthcare Inc., iNTERFACEWARE, Inc., Epic Systems Corporation, Capsule Technologies Inc.,Koninklijke Philips, AVI-SPL, Inc., GE Healthcare, Oracle Corporation, IBM, Corepoint Health (Lyniate), and MEDITECH, among others.

 

Healthcare IT Integration Market Key Segments:

 

Product Segments

    Interface/Integration Engines
    Medical Device Integration Software
    Media Integration Solutions
    Other Integration Tools

 

Services Segments

    Implementation & Integration
    Support & Maintenance
    Training & Education
    Consulting

 

End-User Segments

    Hospitals
    Laboratories
    Clinics
    Diagnostic Imaging Centers
    Other End Users

 

Geographical Segments

•    North America

o    The U.S.
o    Canada

•    Europe

o    UK
o    Germany
o    France
o    Italy
o    Spain
o    Rest of Europe

•    Asia-Pacific

o    India
o    China
o    Japan
o    Australia
o    South Korea
o    Rest of Asia-Pacific

•    LAMEA

o    Latin America
o    The Middle East
o    Africa

 

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