Global Healthcare It Market Size & Outlook, 2021-2030
Global healthcare it market, 2018-2030 (US$M)
Related Markets
Global healthcare it market highlights
- The global healthcare it market generated a revenue of USD 6,015.2 million in 2021 and is expected to reach USD 10,327.4 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 6.2% by 2030.
- In terms of segment, finance and billing accounted for a revenue of USD 2,000.0 million in 2021.
- Inventory and material management is the most lucrative function segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 6,015.2 million |
| Market revenue in 2030 | USD 10,327.4 million |
| Growth rate | 6.2% (CAGR from 2021 to 2030) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inventory and material management, Supply chain and logistics management, Patient relationship management, Finance and billing |
Other key industry trends
- In terms of revenue, the North America accounted for 36.4% of the global healthcare it market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,664.8 million by 2030.
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Healthcare IT Market Scope
Healthcare IT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global healthcare it market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare it market will help companies and investors design strategic landscapes.
Finance and billing was the largest segment with a revenue share of 33.25% in 2021. Horizon Databook has segmented the Global healthcare it market based on inventory and material management, supply chain and logistics management, patient relationship management, finance and billing covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Healthcare IT Function Outlook (Revenue, USD Million, 2018-2030)
- Inventory and material management
- Supply chain and logistics management
- Patient relationship management
- Finance and billing
- Others
- Global Healthcare IT Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-premises
- Cloud
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Target buyers of Global healthcare it market databook
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Our clientele includes a mix of healthcare it market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global healthcare it market , including forecasts for subscribers. This global databook contains high-level insights into Global healthcare it market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global healthcare it market size, by region, 2018-2030 (US$M)
Top 10 countries: Healthcare it market size, 2021 (US$M)
Global healthcare it market share, by function, 2021 & 2030 (%, US$M)
Healthcare it market: Opportunity assessment by country
Global healthcare it market, by region, 2021 (US$M)
| Function | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,741.6 | 1,887.6 | 2,069.5 | 2,186.8 | 2,267.0 | 2,389.6 | 2,525.3 | 2,674.4 | 2,838.2 | 3,018.6 | 3,217.2 | 3,436.1 | 3,677.7 | 6.0% |
| Europe | 1,423.0 | 1,538.3 | 1,682.2 | 1,772.9 | 1,830.7 | 1,926.2 | 2,031.0 | 2,146.1 | 2,272.4 | 2,411.3 | 2,564.1 | 2,732.2 | 2,896.8 | 5.6% |
| Asia Pacific | 1,061.1 | 1,170.7 | 1,306.3 | 1,404.6 | 1,480.9 | 1,588.3 | 1,706.7 | 1,837.6 | 1,982.3 | 2,142.5 | 2,320.2 | 2,517.4 | 2,736.8 | 7.7% |
| Latin America | 328.6 | 355.6 | 389.3 | 410.7 | 424.9 | 447.3 | 471.9 | 498.9 | 528.6 | 561.2 | 597.1 | 636.6 | 680.1 | 5.8% |
| MEA | 203.8 | 216.4 | 232.4 | 240.3 | 245.0 | 252.6 | 259.9 | 267.7 | 276.0 | 284.9 | 294.4 | 304.6 | 336.0 | 3.8% |
| Overall | 4,758.0 | 5,168.7 | 5,679.5 | 6,015.2 | 6,248.5 | 6,604.1 | 6,994.8 | 7,424.6 | 7,897.5 | 8,418.5 | 8,992.9 | 9,626.9 | 10,327.4 | 6.2% |
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