- Payers HCIT Outsourcing Market
- Providers HCIT Outsourcing Market
Healthcare IT Outsourcing Market size was valued at USD 70,403.55 million in 2022 and is poised to grow at a significant CAGR of 6.3% from 2023-2029.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. In September 2016, Atos SE acquired healthcare IT outsourcing firm Anthelio Healthcare Solutions to expand the companys portfolio in U.S. The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa). Healthcare IT Outsourcing Market research report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.
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 global healthcare IT outsourcing 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 healthcare IT outsourcing market.
North-America got significant share
Healthcare IT Outsourcing Market Regional Analysis
Geographically, global healthcare IT outsourcing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America healthcare IT outsourcing market is poised to grow due to rise in focus in reducing the operational cost by healthcare providers, increase in the number of outsourcing industries, grow in number of insurance providers are propel the market. Europe healthcare IT outsourcing market is driving by rise in government initiations for providing the quality healthcare at low cost, increase in the number of end user industries, and adoption of innovative technologies and platforms by outsourcing companies to provide better services are bolster the market. However, Asia pacific healthcare IT outsourcing market has lucrative growth attributed to increase in medical tourism in Asia Pacific countries, rise in automation in healthcare sector, and low service cost provided by the market players are boost the market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The healthcare IT outsourcing market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- 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 in addition to recent technology advancements and innovations in the market
Global Healthcare It Outsourcing Market Segmentation
By Type
By Application
- Administration
- Care Management
- IT infrastructure Management
By End User
- Hospitals
- Pharmaceutical and Biotechnology Industries
- Insurance Industries
- Clinical Research Organizations
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Frequently Asked Questions
The key segments covered in the Healthcare IT Outsourcing Market are technology, components, application, and end-users.
The Healthcare IT Outsourcing Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Healthcare IT Outsourcing 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.)
| 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, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Payers HCIT Outsourcing Market |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Administration |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Hospitals |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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 ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 |
- 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.)