Healthcare IT Integration Market expected to reach USD 12.97 billion by 2032, driven by EHR adoption and AI tools.
From GlobeNewswire: 2025-01-16 09:12:00
The Healthcare IT Integration Market was valued at USD 4.43 billion in 2023, projected to reach USD 12.97 billion by 2032, growing at a CAGR of 12.69%. The market is driven by the adoption of EHRs, telemedicine, and AI-based tools, alongside regulatory pressure for data interoperability and better patient care outcomes.
Healthcare providers are modernizing systems and streamlining workflows with IT integration. Cloud-based solutions and telemedicine require effective integration for enhanced patient care. The shift towards value-based care emphasizes patient outcomes, driving the adoption of integrated systems for comprehensive data analysis and collaborative care models.
The rising prevalence of chronic diseases globally is increasing the demand for healthcare IT solutions, with chronic diseases accounting for 60-70% of healthcare expenditures in 2023. Telemedicine and AI diagnostic tools are on the rise, with cloud-based healthcare IT solutions in North America expected to increase by 25% year-over-year.
Major players in the Healthcare IT Integration Market include Infor, InterSystems Corporation, Cerner Corporation, Orion Health, and more. The market size is expected to grow to USD 12.97 billion by 2032, with a CAGR of 12.69% from 2024 to 2032. Key regional coverage includes North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
In 2023, the services segment dominated the Healthcare IT Integration Market, accounting for over 62.1% of the market share. Hospitals were the leading end-users, representing over 72.3% of the total market share. Hospitals rely on integrated IT systems to enhance decision-making, streamline workflows, and comply with regulations.
Recent developments in the healthcare IT integration market include HealthPlix Technologies’ integration with Google to enhance healthcare accessibility. Ontrak, Inc. adopted the Comprehensive Healthcare Integration (CHI) framework to enhance its care delivery model in July 2024. The integration of physical health, behavioral health, and social determinants of health aims to provide high-quality, holistic care in healthcare IT. North America dominated the market in 2023 with over 57.3% global market share, driven by advanced technologies and regulatory requirements. The Asia Pacific region is expected to grow rapidly due to increasing adoption of healthcare IT solutions and infrastructure investments.
For more detailed insights and analysis, a Healthcare IT Integration Market Analysis & Outlook Report for 2024-2032 can be purchased. The report includes key points like market dynamics, statistical insights, competitive landscape, regional analysis, and company profiles. SNS Insider is a leading market research agency providing accurate market data and insights for informed decision-making. Visit their website for complete report details.
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