Healthcare IT Consulting market projected to reach USD 168.14 billion by 2032 with CAGR of 14.4%
From GlobeNewswire: 2025-02-06 09:50:00
In 2023, the Healthcare IT Consulting Market was valued at USD 50.1 billion and is projected to reach USD 168.14 billion by 2032, with a CAGR of 14.4%. Demand is driven by digitization of healthcare systems, government initiatives, and adoption of AI, cloud computing, and telehealth services.
The Healthcare Business Process Management (BPM) segment led the market in 2023, accounting for 28.2% share. BPM solutions are in demand for workflow automation, cost reduction, and administrative efficiency. The Healthcare Enterprise Reporting and Data Analytics segment is expected to be the fastest-growing category, driven by healthcare data explosion and AI-driven analytics.
Hospitals and ambulatory care centers held the largest market share in 2023 at 37.2%. These facilities are key adopters of EHR systems and cybersecurity frameworks. Public and private payers segment is expected to witness the fastest growth, fueled by AI-driven claims automation and fraud detection.
North America dominated the market in 2023 with a 43.8% share, driven by government initiatives and cybersecurity concerns. Asia-Pacific is the fastest-growing region, with initiatives like India’s National Digital Health Mission and China’s AI-driven healthcare market fueling demand for IT consulting.
Major players in the Healthcare IT Consulting Market include Accenture, Atos, Deloitte, Genpact, HCL Technologies, Infosys, IBM, Philips, NTT DATA, Oracle, Siemens Healthineers, Tata Consultancy Services, Allscripts, Cerner, Cognizant, and McKesson.
Segmentation of the market includes consulting types like HCIT Change Management, BPM, Integration and Migration, and End Users such as Hospitals, Diagnostic Centers, and Payers. The market outlook report covers key points like market dynamics, competitive landscape, regional analysis, and company profiles. The Healthcare IT Consulting Market Analysis & Outlook for 2024-2032 is now available. SNS Insider offers comprehensive reports to provide clients with up-to-date market data and consumer insights. Visit the link for more details: https://www.snsinsider.com/reports/healthcare-it-consulting-market-2199
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Read more at GlobeNewswire: Healthcare IT Consulting Market Size to Hit USD 168.14