Healthcare IT Market Report

Healthcare IT Market by Product & Service Type (Healthcare Provider, Healthcare Payer, HCIT Outsourcing) Application (Laboratory Information, Tele-healthcare) Components (Hardware, Software, Services) End User (Hospital, Pharmacies Payers), Regions, Key Players-Global Forecast to 2030

FREQUENTLY ASKED QUESTION: HEALTHCARE IT MARKET REPORT

The global market for healthcare IT was valued at USD 340 billion in 2023, and has increased to USD 384.2 billion in 2024.

The global healthcare IT market is anticipated to grow at an annual growth rate of 13% from 2025 to 2030 to reach USD 790 billion, by 2030.

Leading players within the healthcare IT market are Athena Health (US), BoomerangFX. (US), Epic System Corporation (US), Dell Technologies (US) and GE Healthcare (US).

The Healthcare IT market is currently consolidated, with the top 3-5 companies accounting for more than 50% of the total market share but less than 70%. This is driven by ongoing strategic consolidation efforts among major healthcare IT vendors aiming to enhance efficiency, interoperability, and comprehensive platform offerings. The market has matured from a fragmented startup phase into one where clear leaders are emerging, particularly in electronic health records, telehealth, and administrative automation solutions

The primary application areas within the rehabilitation equipment market encompass Computerized Provider Order Entry Systems, Electronic Prescribing Systems (E-Prescribing Solutions), Laboratory Information, Clinical Information Systems, Medical Imaging Information Systems, Electronic Health Records, Tele-healthcare, Revenue Cycle Management, eClinical Solutions, Population Health Management (PHM), Digital Healthcare Supply Chain Management, Clinical alarm management, Healthcare Customer relationship management (CRM), Technology Solutions in the Healthcare Payers and Healthcare Analytics.

Electronic Prescribing Systems is expected to register the fastest growth rate among all the applications of Healthcare IT, with a CAGR of over 20%.

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