- Payer Solutions
- Clinical Solutions
- Healthcare IT Outsourcing
- Non Clinical Solutions
Europe Healthcare Information Technology Services Market growth was valued at USD 51,677.5 million in 2021 and is expected to witness 15.3% CAGR from 2022 to 2028. Europe Healthcare Information Technology Services Market is a congregation of various tools of technology which are widely used by health administrators, physicians, insurance companies, patients, nurses and others to systemize, preserve, analyse and share information related to healthcare sector. Healthcare IT comprises of medical information which is specific to individual patients, encourages direct communication between patients and healthcare providers in order to evaluate properly and advise.Healthcare information technology is a rising domain, owing to a surge in the usage of its services, which provide much-needed quality and safety in healthcare. Because of the rising frequency of chronic diseases around the world, the use of healthcare IT systems to improve Chronic Disease Management (CDM) has expanded in recent years. Continuous network infrastructure improvements and expanding network coverage are providing further growth prospects for industry players. The industry is rising because to an increase in demand for preventative care, as well as increased investment for various mHealth businesses. Furthermore, the growing demand for remote monitoring solutions is being fueled by the need to reduce healthcare costs and improve workflow efficiency. As a result, the aforementioned variables will propel the market forward.
Europe Healthcare Information Technology Services Market Summary
Study Period
2023-29
Base Year
2022
CAGR
15.3%
Largest Market
Europe
Fastest Growing Market
N/A
Europe Healthcare Information Technology Services Market Dynamics
The increased use of artificial intelligence (AI) technology in Europe has lifted demand for healthcare IT services dramatically. With the introduction of artificial intelligence, there has been a significant increase in the use of big data analytics in Germany for enormous volumes of data, boosting the expansion of the healthcare IT sector. In addition, the integration of artificial intelligence applications in genomics, as well as the growing demand for real-time monitoring in healthcare facilities, has improved healthcare IT services and expanded the client base in France. Increased artificial intelligence breakthroughs and pan-European collaborations have resulted in benefits such as data security and increased data quality.
Europe Healthcare Information Technology Services Market Regional Analysis
Europe Healthcare Information Technology Services Market
The high market size is due to the country's well-developed infrastructure as well as the growing number of private healthcare service providers. Furthermore, cloud platform usage, digital transformative health, and investments in technologies supporting new models of care are also important factors driving market growth. Furthermore, the German healthcare IT market is rising steadily as a result of various strategic partnerships, collaborations, and consolidation processes, boosting industry growth.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Europe Healthcare Information Technology Services Market Segmentation
Type
Services
- Revenue Cycle Management Services
- Accountable Care Organization Services
- Business and Regulatory Support Services
- Point of Care Decision Support Services
- Homecare and hospice support services
- Document Management Services
- Evidence Based Decision Support Services
- Others
Delivery
- Cloud Computing
- On-Premises
- Web Based Services
End users
- Hospitals
- Pharmacies
- Laboratories
- Home Healthcare Agencies
- Others
Frequently Asked Questions
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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- Meditech (U.S.)
- United Healthcare Group(U.S.)
- Cerner Corporation (U.S.)
- Athenahealth, Inc. (U.S.)
- Mckesson Corporation (U.S.)
- Epic Systems Corporation (U.S.)
- GE Healthcare (U.S.)
- Siemens Healthcare (Germany)
- Oracle Corporation (U.S.)
- Epic Systems (U.S)
- Koninklijke Philips N.V. (The Netherlands)
- Allscripts (U.S.)
- Infor, Inc. (U.S.)