Healthcare IT Outsourcing Market: By Type, By Application, By End User Hospitals, Pharmaceutical and Biotechnology Industries, Insurance Industries, Clinical Research Organizations, Others),and Region Forecast 2019-2030

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Healthcare IT Outsourcing Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Payers HCIT Outsourcing Market Size, Share, Growth, Trends, and Global Industry Analysis: , Providers HCIT Outsourcing Market Size, Share, Growth, Trends, and Global Industry Analysis: ), By Application (Administration, Care Management, IT infrastructure Management), By End User Hospitals, Pharmaceutical and Biotechnology Industries, Insurance Industries, Clinical Research Organizations, Others),and Region Forecast 2019-2030

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Healthcare IT Outsourcing Market size was valued at US$ 82,513.55 million in 2023 and is poised to grow at a significant CAGR of 6.3% from 2024-2030. Outsourcing refers to the process in which the organizations select a third party to deliver the selected services such as data management, administrative services, and operational management. Healthcare IT encloses the software and technologies used in the healthcare environment. Nowadays, healthcare sector focus on outsourcing services to reduce the operation cost and providing customers with quality care.

 

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Global Healthcare It Outsourcing Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.3%

Largest Market

North America

Fastest Growing Market

Europe

Healthcare IT Outsourcing Market Dynamics

Increase in medical tourism coupled with need for quality care for patients is a major factor drives the growth of the market. Moreover, lack of in-house professionals for IT solutions, government initiations to provide the IT services with low cost, increase in the number of outsourcing companies around the globe, rise in focus on reducing the operational cost by the healthcare providers, and lack of infrastructure and funding for secured IT facilities are anticipated to surge the global healthcare IT market in future years. However, technology constraints such as lack of standardizations for data storage, high initial investment in healthcare IT services, and highly fragmented healthcare services are restrain the growth of market.

Global Healthcare It Outsourcing Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 82,513.55 million

Market CAGR

6.3%

By Type

  • Payers HCIT Outsourcing Market
  • Providers HCIT Outsourcing Market

By Application

  • Administration
  • Care Management
  • IT infrastructure Management

By End User

  • Hospitals
  • Pharmaceutical and Biotechnology Industries
  • Insurance Industries
  • Clinical Research Organizations
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The healthcare IT outsourcing market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitors 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 startups 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 Porters Five Force Analysis

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Frequently Asked Questions

The global healthcare it outsourcing market size was valued at US$ 82,513.55 million in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

The market key players are Hewlett-Packard Company (U.S.), Accenture Plc (Ireland), McKesson Corporation (U.S.), Allscripts Healthcare Solutions (U.S.), Siemens Healthcare GmbH (Germany), Tata Consultancy Services Ltd, (India), Cognizant Technology Solutions (U.S.), HCL Technologies (India), GE Healthcare (U.K), Atos SE (Germany), International Business Machines (IBM) Corporation (U.S.)

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary
2.Global Healthcare IT Outsourcing Market Introduction 
2.1.Global Healthcare IT Outsourcing Market  - Taxonomy
2.2.Global Healthcare IT Outsourcing Market  - Definitions
2.2.1.Type
2.2.2.Application
2.2.3.End user
2.2.4.Region
3.Global Healthcare IT Outsourcing Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Healthcare IT Outsourcing Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Healthcare IT Outsourcing Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Payers HCIT Outsourcing Market
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Providers HCIT Outsourcing Market
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Healthcare IT Outsourcing Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Administration
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Care Management
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. IT infrastructure Management
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Healthcare IT Outsourcing Market  By End user, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Pharmaceutical and Biotechnology Industries
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Insurance Industries
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Clinical Research Organizations
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Healthcare IT Outsourcing Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Healthcare IT Outsourcing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Payers HCIT Outsourcing Market
9.1.2.Providers HCIT Outsourcing Market
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Administration
9.2.2.Care Management
9.2.3.IT infrastructure Management
9.3.  End user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Pharmaceutical and Biotechnology Industries
9.3.3.Insurance Industries
9.3.4.Clinical Research Organizations
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Healthcare IT Outsourcing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Payers HCIT Outsourcing Market
10.1.2.Providers HCIT Outsourcing Market
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Administration
10.2.2.Care Management
10.2.3.IT infrastructure Management
10.3.  End user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Pharmaceutical and Biotechnology Industries
10.3.3.Insurance Industries
10.3.4.Clinical Research Organizations
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11.Asia Pacific (APAC) Healthcare IT Outsourcing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Payers HCIT Outsourcing Market
11.1.2.Providers HCIT Outsourcing Market
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Administration
11.2.2.Care Management
11.2.3.IT infrastructure Management
11.3.  End user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Pharmaceutical and Biotechnology Industries
11.3.3.Insurance Industries
11.3.4.Clinical Research Organizations
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Healthcare IT Outsourcing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Payers HCIT Outsourcing Market
12.1.2.Providers HCIT Outsourcing Market
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Administration
12.2.2.Care Management
12.2.3.IT infrastructure Management
12.3.  End user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Pharmaceutical and Biotechnology Industries
12.3.3.Insurance Industries
12.3.4.Clinical Research Organizations
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Healthcare IT Outsourcing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Payers HCIT Outsourcing Market
13.1.2.Providers HCIT Outsourcing Market
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Administration
13.2.2.Care Management
13.2.3.IT infrastructure Management
13.3.  End user Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Pharmaceutical and Biotechnology Industries
13.3.3.Insurance Industries
13.3.4.Clinical Research Organizations
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Hewlett-Packard Company (U.S.)
14.2.2.Accenture Plc (Ireland)
14.2.3.McKesson Corporation (U.S.)
14.2.4.Allscripts Healthcare Solutions (U.S.)
14.2.5.Siemens Healthcare GmbH (Germany)
14.2.6.Tata Consultancy Services Ltd, (India)
14.2.7.Cognizant Technology Solutions (U.S.)
14.2.8.HCL Technologies (India)
14.2.9.GE Healthcare (U.K)
14.2.10.Atos SE (Germany)
14.2.11.International Business Machines (IBM) Corporation (U.S.)
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Hewlett-Packard Company
  • Accenture Plc
  • McKesson Corporation
  • Allscripts Healthcare Solutions
  • Siemens Healthcare GmbH
  • Tata Consultancy Services Ltd,
  • Cognizant Technology Solutions
  • HCL Technologies
  • GE Healthcare
  • Atos SE
  • International Business Machines (IBM) Corporation

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