The healthcare IT sector is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 10.89% from 2022 to 2027. During this period, the market is anticipated to expand by a staggering USD 168.86 billion. Segmented based on end-user, component, and geography, Technavio’s comprehensive report delves into the adoption lifecycle of the market, spanning from the innovator’s stage to the laggard’s stage. It meticulously examines adoption rates across different regions, shedding light on penetration dynamics.
Moreover, the report provides invaluable insights into key purchase criteria and drivers of price sensitivity, empowering companies to assess and refine their growth strategies effectively. Among the prominent players driving innovation in the healthcare IT arena are 3M Co., Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cognizant Technology Solutions Corp., Dassault Systemes SE, Datavant, Dell Technologies Inc., Epic Systems Corp., General Electric Co., International Business Machines Corp., Koninklijke Philips NV, McKesson Corp., Microsoft Corp., Oracle Corp., SAS Institute Inc., Siemens AG, Tata Consultancy Services Ltd., Tenet Healthcare Corp., UnitedHealth Group Inc., and Wipro Ltd., among others. With such a diverse and dynamic landscape, the healthcare IT market is primed for transformative growth and innovation.