Home > Healthcare > Healthcare IT > Healthcare IT Market

Healthcare IT Market Size

Report ID: GMI232
Published Date: Mar 2023
Report Format: PDF

Download Free Sample

Healthcare IT Market Size

Healthcare IT Market size was worth USD 303.4 billion in 2022 and is anticipated to exhibit over 13.5% CAGR from 2023-2032 owing to rising investments in healthcare infrastructure in Asian countries.

To get key market trends

Download Free Sample

The ongoing developments in healthcare infrastructure and the hefty investments from governments worldwide, particularly in APAC countries will positively influence the healthcare information technology industry outlook. With the emergence of novel epidemics and pandemics as well as the growing concerns associated with infectious disease outbreaks, multiple governments are working towards increasing access to healthcare services.

Healthcare IT Market Report Attributes
Report Attribute	Details
Base Year:	2022
Healthcare IT Market Size in 2022:	USD 303.4 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	13.5%
2032 Value Projection:	USD 1.1 Tillion
Historical Data for:	2018 to 2022
No. of Pages:	240
Tables, Charts & Figures:	358
Segments covered:	Solutions, End-use and Region
Growth Drivers:	Growing investment towards healthcare infrastructure development in Asia Pacific region Growing adoption of artificial intelligence High adoption of electronic health records in developed countries Favorable government initiatives Increasing demand for cost-saving in healthcare industry
Pitfalls & Challenges:	High cost associated with implementation and maintenance Security and privacy concerns

Learn more about the key segments shaping this market

Download Free Sample

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global healthcare IT market was worth USD 303.4 billion in 2022 and is projected to exhibit over 13.5% CAGR from 2023-2032.

Revenue cycle management solutions is estimated to exceed USD 174.3 billion by 2032 owing to the growing burden of surging hospital admissions.

North America healthcare IT market size is projected to be valued at USD 367.7 billion by the end of 2032 due to the rapid influx of healthcare infrastructure investments.

Athenahealth, Cerner Corporation, Carestream Health, eMDs, Inc., eClinicalWorks, Epic System Corporation, and GE HealthcareSAP are some of the key solution providers of healthcare IT.