Healthcare providers are leveraging the usage of IT in their business processes. It has changed the way hospitals and physicians work; from the automation of simple processes in the Healthcare sector to its integration with the entire value chain of the Healthcare sector, HIT has come a long way. This development is focused on the Healthcare sector becoming more patient-centric.
Key growth drivers of this market include growing adoption rate of Computerized Physician Order Entry (CPOE), increasing the prevalence of chronic diseases, growing global patient base, and technological advancements in this field. Associated benefits such as operational cost reduction, minimizing errors in a medical facility and increased successful outcomes are expected to propel healthcare IT industry growth. In addition, favorable government initiatives pertaining to the development of healthcare infrastructure and incorporation of information technology in existing establishments are expected to fuel industry growth over the forecast period.

Market Analysis and Insights: Global Healthcare IT (HIT) Market
The global Healthcare IT (HIT) market size is projected to reach US$ 300850 million by 2027, from US$ 129600 million in 2020, at a CAGR of 12.6% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Healthcare IT (HIT) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Healthcare IT (HIT) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Healthcare IT (HIT) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Healthcare IT (HIT) market.

Global Healthcare IT (HIT) Scope and Market Size
Healthcare IT (HIT) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Healthcare IT (HIT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Electronic Health Records
Computerized Provider Order Entry Systems
Electronic Prescribing Systems
PACS
Lab Information Systems
Clinical Information Systems
Telemedicine and Telehealth

Segment by Application
Hospitals
Ambulatory Care Centers
Home Healthcare Agencies
Nursing Homes
Assisted Living Facilities
Diagnostic and Imaging Centers
Pharmacies

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Accenture
Athenahealth
Cerner
Fujitsu
GE Healthcare
IBM
Philips Healthcare