Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Global Technology Spending on Core Administration in Healthcare Market: By Solution, By Deployment, By End User, and Region Forecast 2020-2031
Technology Spending on Core Administration in Healthcare Market size was valued at US$ 37.73 billion in 2024 and is expected to reach US$ 53.45 billion by 2031, growing at a significant CAGR of 5.1% from 2025-2031. Healthcare is experiencing rapid developments owing to the technology advancements. The growth in the technology favors excellent benefits to the patients. It increases efficiency, which eases the job of the healthcare professionals. The advancements have laid changes in the administrative, technological, and infrastructural landscape of the healthcare sector.
Study Period
2025-2031Base Year
2024CAGR
5.1%Largest Market
North-AmericaFastest Growing Market
Europe
Technological advancements are the key factors attributing the growth of the technology spending on core administration in the healthcare market. The need for managing all the healthcare data is driving them towards the adoption of the technology. The developments in the technology have played a major role in the healthcare index in various nations. The growing population along with an increase in healthcare spending is enhancing the growth of the market. The IT outsourcing for the management of the data which helps in speed up of the procedures has added fuel for the growth of the market. However, the high capital investment may hinder the growth of the market.
Report Benchmarks |
Details |
Report Study Period |
2025-2031 |
Market Size in 2024 |
US$ 37.73 billion |
Market Size in 2031 |
US$ 53.45 billion |
Market CAGR |
5.1% |
By Solution |
|
By Deployment |
|
By End User |
|
By Region |
|
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The technology spending on core administration in healthcare market size was valued at US$ 37.73 billion in 2024 and is expected to reach US$ 53.45 billion by 2031, growing at a significant CAGR of 5.1% from 2025-2031.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
Health Solutions Plus, Inc., Aldera Holdings, Inc., Wonderbox Technologies, UPP Technology, Inc., HealthAxis Group, LLC, Plexis Healthcare Systems, DST Systems, Inc., HealthEdge Software, Inc., ikaSystems Corporation, TriZetto Corporation
Technological advancements are the key factors attributing the growth of the market.
Europe is the fastest-growing region for market.
1.Executive Summary |
2.Global Technology Spending on Core Administration in Healthcare Market Introduction |
2.1.Global Technology Spending on Core Administration in Healthcare Market - Taxonomy |
2.2.Global Technology Spending on Core Administration in Healthcare Market - Definitions |
2.2.1.Solution |
2.2.2.Deployment |
2.2.3.End-User |
2.2.4.Region |
3.Global Technology Spending on Core Administration in Healthcare 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 Technology Spending on Core Administration in Healthcare Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Technology Spending on Core Administration in Healthcare Market By Solution, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
5.1. In-House |
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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. Outsource |
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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 Technology Spending on Core Administration in Healthcare Market By Deployment, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
6.1. Cloud-Based |
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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. On-Premise |
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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 |
7.Global Technology Spending on Core Administration in Healthcare Market By End-User, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
7.1. Payers |
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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. Providers |
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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 |
8.Global Technology Spending on Core Administration in Healthcare Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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 Technology Spending on Core Administration in Healthcare Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
9.1. Solution Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.In-House |
9.1.2.Outsource |
9.2. Deployment Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Cloud-Based |
9.2.2.On-Premise |
9.3. End-User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Payers |
9.3.2.Providers |
9.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 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 Technology Spending on Core Administration in Healthcare Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
10.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.In-House |
10.1.2.Outsource |
10.2. Deployment Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Cloud-Based |
10.2.2.On-Premise |
10.3. End-User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Payers |
10.3.2.Providers |
10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 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 |
10.4.7. |
11.Asia Pacific (APAC) Technology Spending on Core Administration in Healthcare Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
11.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.In-House |
11.1.2.Outsource |
11.2. Deployment Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Cloud-Based |
11.2.2.On-Premise |
11.3. End-User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Payers |
11.3.2.Providers |
11.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 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) Technology Spending on Core Administration in Healthcare Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
12.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.In-House |
12.1.2.Outsource |
12.2. Deployment Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Cloud-Based |
12.2.2.On-Premise |
12.3. End-User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Payers |
12.3.2.Providers |
12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 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 Technology Spending on Core Administration in Healthcare Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
13.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.In-House |
13.1.2.Outsource |
13.2. Deployment Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Cloud-Based |
13.2.2.On-Premise |
13.3. End-User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Payers |
13.3.2.Providers |
13.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 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.Health Solutions Plus, Inc. (U.S) |
14.2.2.Aldera Holdings, Inc. (U.S) |
14.2.3.Wonderbox Technologies (U.S) |
14.2.4.UPP Technology, Inc. (U.S) |
14.2.5.HealthAxis Group, LLC (U.S) |
14.2.6.Plexis Healthcare Systems (U.S) |
14.2.7.DST Systems, Inc. (U.S) |
14.2.8.HealthEdge Software, Inc. (U.S) |
14.2.9.ikaSystems Corporation (U.S) |
14.2.10.TriZetto Corporation (U.S) |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players