Asia Pacific Healthcare IT Integration Market
Information Technology is the application of the computers to store, transmit, retrieve and manipulate information or data. Healthcare IT acts as a support system for the healthcare industry through the use of the computer systems that allow for the safe and secure transmission of data between the healthcare providers and consumers. The implementation of the information technology in the healthcare market had made the treatments faster and improved the efficiency of the backend processing. Increasing need to reduce the healthcare cost, rising demand for paper-less technology and high return on investments are the major factors that are boosting the market.
Healthcare IT Integration Market Segments Size & Growth:
Healthcare IT Integration Market size is projected to reach approximately $3.93 billion by the end of 2024with a CAGR of close to 10.90% from $2.36 billion in 2017 during the forecast timeline 2018-2024. The significant factors that propel the growth of the Healthcare IT Integration Marketareinitiatives and incentives program launched by the government, increasing need to curtail the cost on the healthcare sector, growing demand of better quality patient’s information, need to increase the efficiency of medical practices and institutions. However, high maintenance and security cost, lack of skilled IT professionals and lack of interoperability among different IT products are the factors that are hampering the market growth.
Healthcare IT Integration Market Segments Share:
Healthcare IT Integration Market is segmented by application segment which comprises of medical device integration, hospital integration, lab integration, radiology integration and clinical integration. By Product, the market is further segmented into media integration products, medical device integration set up and interface engines. By type, the market is classified into training, operation services, and support and upkeep services. By Geography, North America holds the most massive size in the healthcare IT integration market due to the rising government incentives, the presence of the developed healthcare systems and also the immense application scope
Healthcare IT Integration Market Trends:
- Cerner Corporation announced the completion of its acquisition of Siemens Health Services assets, client relationships, and associates.
- Computed Tomography is the product by GE Healthcare that is used to provide the information in vascular care.
- Allscripts Healthcare Solutions is the foremost provider of clinical software, connectivity and information solutions that physicians use to improve the healthcare.
- New CT scanner is the product by Siemens Healthcare that brings dual energy procedure to clinical routine.
Healthcare IT Integration Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary critical players in the Healthcare IT Integration Market are:
- GE Healthcare
- Cerner Corporation
- Siemens Healthcare
- Oracle
- Orion Health
1. Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. The scope of the Study
2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
3. Market Analysis
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Industry Rivalry
3.3. Pestle Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analyses
4. Market Dynamics
4.1. Drivers
4.1.1. Need to reduce the healthcare cost
4.1.2. Government initiative programs to promote healthcare IT
4.1.3. Growing demand for better quality patient’s information
4.1.4. High return on investments
4.1.5.Focus on improving quality of healthcare
4.2. Restraints
4.2.1. Lack of skilled personnel
4.2.2. High costs and maintenance
4.3. Opportunities
4.3.1. High demand for healthcare IT solutions in growing regions
4.4. Constraints
4.4.1.Data privacy and security concerns
5. Asia Pacific Healthcare IT Integration Market– ByApplication
5.1. Medical Device Integration
5.2. Hospital Integration
5.3. Lab Integration
5.4. Radiology Integration
5.5. Clinic Integration
5.6. Others
6. Asia Pacific Healthcare IT Integration Market– By Product
6.1. Media Integration Products
6.2. Medical device Integration Set Up
6.3. Interface Engines
7. Asia Pacific Healthcare IT Integration Market– By Type
7.1. Training
7.2. Operation Services
7.3. Support and Upkeep Services
7.4. Others
8. Asia Pacific Healthcare IT Integration Market– By End User
8.1. Clinics
8.2. Hospitals
8.3. Radiology
8.4. Labs
8.5. Others
9. Asia Pacific Healthcare IT Integration Market- By Geography
9.1. Introduction
9.2. APAC
9.2.1. China
9.2.2. India
9.2.3. Japan
9.2.4. South Korea
9.2.5. Australia & New Zealand
9.2.6. Rest of APAC
10. Asia Pacific Healthcare IT Integration Market– Company Profiles
10.1. Epic Systems
10.2.Cerner Corporation
10.3.Orion Health
10.4. Qualcomm Life, Inc.
10.5. Oracle
10.6. Carepoint Health
10.7. Allscripts Healthcare Solutions Inc.
10.8. Siemens Healthcare
10.9. Interfaceware, Inc.
10.10. Infor
10.11. Summit Healthcare
10.12. InterSystems Corporation
10.13. AVI-SPL, Inc.
10.14. Quality Systems, Inc.
11. Asia Pacific Healthcare IT Integration Market- Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
12. Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
13. Appendix
13.1. List of tables
13.2. List of figures
