Healthcare Publications Healthcare IT market | Page 2

January 22, 2019 --– Federal healthcare (the US), engaged in several initiatives designed to enhance healthcare delivery for its patient population announced that in this year’s HIMSS19, (to be held between February 11-15, 2019), it will be focusing on collaboration in the healthcare IT. The goal is to show attendees is that the federal government is interested and engaged in promoting the health IT-related projects – and to showcase the funding opportunities available that stakeholders may want to explore. This year’s theme of Federal Health IT Pavilion is - collaboration opportunities - how health IT community stakeholders can take advantage of collaboration opportunities with 11 key federal agencies. This specialty pavilion is a place where attendees can interact with federal government agencies that have robust health IT portfolios. Healthcare IT Market – Segments The MRFR analysis is segmented into four key dynamics for enhanced understanding. By Product & Service : Healthcare Payer Solutions (private payers and public payers), Healthcare Provider Solutions (ambulatory care centers, hospitals, home healthcare agencies, assisted living facilities, nursing homes, diagnostic & imaging centers, and pharmacies.), and HCIT outsourcing services, among others. By Component: Services, and Software among others. By End-User: Healthcare Payers, Healthcare Providers, and Research Centers among others. By Regions: Asia Pacific, North America, Europe, and Rest-of-the-World. Healthcare IT Market – Geographical Analysis The North American region will continue to lead the global healthcare it market for creating a larger revenue pocket. Factors such as the presence of several well-established players that are well- capable of delivering a range of customized solutions and the substantial investments made by them are driving the growth of the regional market. Additional factors boosting the market growth include the huge technological advancements and the extensive uptake of software solutions for healthcare administration and high-quality health care systems. The availability of modern medical technology and the complimenting resources drive the growth of the regional market. The healthcare IT market in the European region is expected to account for the second-largest market, following the North American market closely. Factors supporting the growth of the regional market include technological advancement and the augmented adoption of clinical management software among healthcare providers mainly in the UK, Germany, and France. The resurging economy in Europe is playing an important role in the growth of the market, increasing consumers’ purchasing power and per capita healthcare expenditures. Furthermore, the