Global and United States Healthcare Information Technology Market

Global and United States Healthcare Information Technology (IT) Market Report & Forecast 2023-2029

Global and United States Healthcare Information Technology Market

Global and United States Healthcare Information Technology (IT) Market Report & Forecast 2023-2029

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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Healthcare Information Technology (IT) Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.

The global Healthcare Information Technology (IT) market size in 2022 is 380800.0 million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate of 16.80% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:

The main players in the Healthcare Information Technology (IT) market include Oracle (U.S.), Parexel International Corporation (U.S.), OpenClinica, LLC (U.S.), IQVIA (U.S.), and Dassault Systèmes (U.S.). The share of the top 3 players in the Healthcare Information Technology (IT) market is XX%.

REGION SHARE:

The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Healthcare Information Technology (IT) market, and Asia Pacific accounted for XX%.

SEGMENT OVERVIEW:

The report segments the market by Type and Application. Revenue Cycle Management Services accounted for XX% of Healthcare Information Technology (IT) market in 2022. Laboratory Information Management Services share of XX%.

Services accounted for XX% of the Healthcare Information Technology (IT) market in 2022. Software accounts for XX%.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Key Factors Considered:

COVID-19

The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War

The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.

Challenges & Opportunities

Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

The life sciences industry grows and continues to advance, driving innovation and improving healthcare outcomes for individuals around the world.

Artificial Intelligence (AI) and Machine Learning (ML): AI and ML technologies are increasingly being employed in life sciences research and development. They aid in drug discovery, optimizing clinical trials, analyzing vast amounts of biological data, and identifying patterns that can lead to breakthroughs in understanding diseases and developing new therapies.

Digital Health Technologies: Digital health technologies have seen rapid growth, especially in areas like telemedicine, wearable devices, and mobile health applications. These technologies enable remote patient monitoring, facilitate better healthcare access, and empower individuals to manage their health more effectively.

Wearable Devices and Remote Monitoring: Wearable devices, such as smartwatches and fitness trackers, have become more sophisticated, enabling continuous monitoring of vital signs and health parameters. These devices offer opportunities for early detection of health issues and improved management of chronic conditions.

Market Data Breakdown by Regions

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Asia Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Latin America

Brazil

Argentina

Mexico

MEA

Saudi Arabia

UAE

Turkey

Some prominent players in the market includes:

Oracle (U.S.)

Parexel International Corporation (U.S.)

OpenClinica, LLC (U.S.)

IQVIA (U.S.)

Dassault Systèmes (U.S.)

Clario (U.S.)

Signant Health (U.S.)

Cerner Corporation (U.S.)

McKesson Corporation (U.S.)

General Electric (U.S.)

Allscripts Healthcare, LLC (U.S.)

Koninklijke Philips N.V. (Netherlands)

Cognizant (U.S.)

athenahealth, Inc. (U.S.)

UnitedHealth Group. (U.S.)

3M (U.S.)

Advantech Co., Ltd (Taiwan)

Agfa-Gevaert Group (Belgium)

Avantas, LLC. (U.S.)

Avhana Health, Inc. (U.S.)

BLACK BOOK RESEARCH, LLC (U.S.)

Market Data Breakdown by Type

Revenue Cycle Management Services

Laboratory Information Management Services

Emr/Medical Document Management Services

Others

Market Data Breakdown by Applications

Services

Software

Hardware

Table of Content

1 Study Coverage

1.1 Healthcare Information Technology (IT) Product Introduction

1.2 Global Healthcare Information Technology (IT) Outlook 2018 VS 2023 VS 2029

1.3 United States Healthcare Information Technology (IT) Outlook 2018 VS 2023 VS 2029

1.4 Healthcare Information Technology (IT) Market Size, United States VS Global, 2018-2029

1.4.1 The Market Share of United States Healthcare Information Technology (IT) in Global, 2018-2029

1.4.2 The Growth Rate of Healthcare Information Technology (IT) Market Size, United States VS Global, 2018 VS 2023 VS 2029

1.5 Healthcare Information Technology (IT) Market Dynamics

1.5.1 Healthcare Information Technology (IT) Market Trends

1.5.2 Healthcare Information Technology (IT) Market Drivers

1.5.3 Healthcare Information Technology (IT) Market Challenges

1.5.4 Healthcare Information Technology (IT) Market Restraints

1.6 Study Objectives

1.7 Years Considered

1.8 Coronavirus Disease (COVID-19) Impact on Global

2 Global Healthcare Information Technology (IT) Competitor Landscape by Company

2.1 Global Healthcare Information Technology (IT) Market Size by Company

2.1.1 Top Global Healthcare Information Technology (IT) Player Ranked by Revenue (2023)

2.1.2 Global Healthcare Information Technology (IT) Revenue by Player (2018-2023)

2.2 Global Healthcare Information Technology (IT) Concentration Ratio (CR)

2.2.1 Healthcare Information Technology (IT) Market Concentration Ratio (CR) (2018-2023)

2.2.2 Global Top 3 and Top 6 Largest Players of Healthcare Information Technology (IT) in 2023

2.3 Global Healthcare Information Technology (IT) Business Distribution, Business Type

2.3.1 Global Healthcare Information Technology (IT) Players, Headquarters and Distribution

2.3.2 Players Healthcare Information Technology (IT) Business Type

2.3.3 Date of International Players Enter into Healthcare Information Technology (IT) Market

2.4 Players Mergers & Acquisitions, Expansion Plans

2.5 United States Healthcare Information Technology (IT) Market Size by Company

2.5.1 Top United States Healthcare Information Technology (IT) Player s Ranked by Revenue (2023)

2.5.2 United States Healthcare Information Technology (IT) Revenue by Player (2018-2023)

3 Healthcare Information Technology (IT) Market Segment by Type

3.1 Healthcare Information Technology (IT) Market Segment by Type

3.2 Global Healthcare Information Technology (IT) Market Size by Type

3.3 United States Healthcare Information Technology (IT) Market Size by Type

4 Healthcare Information Technology (IT) by Market Segment Application

4.1 Healthcare Information Technology (IT) Market Segment by Application

4.2 Global Healthcare Information Technology (IT) Market Size by Application

4.3 United States Healthcare Information Technology (IT) Market Size by Application

5 Global Healthcare Information Technology (IT) Market Size by Region

5.1 Global Healthcare Information Technology (IT) Market Size by Region: 2018 VS 2023 VS 2029

5.2 Global Healthcare Information Technology (IT) Market Size in Value by Region (2018-2029)

5.2.1 Global Healthcare Information Technology (IT) Revenue by Region: 2018-2023

5.2.2 Global Healthcare Information Technology (IT) Revenue by Region: 2023-2029

6 Segment in Regional Level & Country Level

6.1 North America

6.1.1 North America Healthcare Information Technology (IT) Market Size YoY Growth 2018-2029

6.1.2 North America Healthcare Information Technology (IT) Market Facts & Figures by Country (2018-2029)

6.1.3 U.S.

6.1.4 Canada

6.2 Asia Pacific

6.2.1 Asia Pacific Healthcare Information Technology (IT) Market Size YoY Growth 2018-2029

6.2.2 Asia Pacific Healthcare Information Technology (IT) Market Facts & Figures by Country (2018-2029)

6.2.3 China

6.2.4 Japan

6.2.5 South Korea

6.2.6 India

6.2.7 Australia

6.2.8 Southeast Asia

6.3 Europe

6.3.1 Europe Healthcare Information Technology (IT) Market Size YoY Growth 2018-2029

6.3.2 Europe Healthcare Information Technology (IT) Market Facts & Figures by Country (2018-2029)

6.3.3 Germany

6.3.4 France

6.3.5 UK

6.3.6 Italy

6.3.7 Russia

6.4 Latin America

6.4.1 Latin America Healthcare Information Technology (IT) Market Size YoY Growth 2018-2029

6.4.2 Latin America Healthcare Information Technology (IT) Market Facts & Figures by Country (2018-2029)

6.4.3 Mexico

6.4.4 Brazil

6.4.5 Argentina

6.5 Middle East and Africa

6.5.1 Middle East and Africa Healthcare Information Technology (IT) Market Size YoY Growth 2018-2029

6.5.2 Middle East and Africa Healthcare Information Technology (IT) Market Facts & Figures by Country (2018-2029)

6.5.3 Turkey

6.5.4 Saudi Arabia

6.5.5 UAE

7 Company Profiles

7.1 Oracle (U.S.)

7.1.1 Company Details

7.1.2 Description and Business Overview

7.1.3 Healthcare Information Technology (IT) Introduction

7.1.4 Oracle (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.1.5 Oracle (U.S.) Recent Development

7.2 Parexel International Corporation (U.S.)

7.2.1 Company Details

7.2.2 Description and Business Overview

7.2.3 Healthcare Information Technology (IT) Introduction

7.2.4 Parexel International Corporation (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.2.5 Parexel International Corporation (U.S.) Recent Development

7.3 OpenClinica, LLC (U.S.)

7.3.1 Company Details

7.3.2 Description and Business Overview

7.3.3 Healthcare Information Technology (IT) Introduction

7.3.4 OpenClinica, LLC (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.3.5 OpenClinica, LLC (U.S.) Recent Development

7.4 IQVIA (U.S.)

7.4.1 Company Details

7.4.2 Description and Business Overview

7.4.3 Healthcare Information Technology (IT) Introduction

7.4.4 IQVIA (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.4.5 IQVIA (U.S.) Recent Development

7.5 Dassault Systèmes (U.S.)

7.5.1 Company Details

7.5.2 Description and Business Overview

7.5.3 Healthcare Information Technology (IT) Introduction

7.5.4 Dassault Systèmes (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.5.5 Dassault Systèmes (U.S.) Recent Development

7.6 Clario (U.S.)

7.6.1 Company Details

7.6.2 Description and Business Overview

7.6.3 Healthcare Information Technology (IT) Introduction

7.6.4 Clario (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.6.5 Clario (U.S.) Recent Development

7.7 Signant Health (U.S.)

7.7.1 Company Details

7.7.2 Description and Business Overview

7.7.3 Healthcare Information Technology (IT) Introduction

7.7.4 Signant Health (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.7.5 Signant Health (U.S.) Recent Development

7.8 Cerner Corporation (U.S.)

7.8.1 Company Details

7.8.2 Description and Business Overview

7.8.3 Healthcare Information Technology (IT) Introduction

7.8.4 Cerner Corporation (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.8.5 Cerner Corporation (U.S.) Recent Development

7.9 McKesson Corporation (U.S.)

7.9.1 Company Details

7.9.2 Description and Business Overview

7.9.3 Healthcare Information Technology (IT) Introduction

7.9.4 McKesson Corporation (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.9.5 McKesson Corporation (U.S.) Recent Development

7.10 General Electric (U.S.)

7.10.1 Company Details

7.10.2 Description and Business Overview

7.10.3 Healthcare Information Technology (IT) Introduction

7.10.4 General Electric (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.10.5 General Electric (U.S.) Recent Development

7.11 Allscripts Healthcare, LLC (U.S.)

7.11.1 Company Details

7.11.2 Description and Business Overview

7.11.3 Healthcare Information Technology (IT) Introduction

7.11.4 Allscripts Healthcare, LLC (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.11.5 Allscripts Healthcare, LLC (U.S.) Recent Development

7.12 Koninklijke Philips N.V. (Netherlands)

7.12.1 Company Details

7.12.2 Description and Business Overview

7.12.3 Healthcare Information Technology (IT) Introduction

7.12.4 Koninklijke Philips N.V. (Netherlands) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.12.5 Koninklijke Philips N.V. (Netherlands) Recent Development

7.13 Cognizant (U.S.)

7.13.1 Company Details

7.13.2 Description and Business Overview

7.13.3 Healthcare Information Technology (IT) Introduction

7.13.4 Cognizant (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.13.5 Cognizant (U.S.) Recent Development

7.14 athenahealth, Inc. (U.S.)

7.14.1 Company Details

7.14.2 Description and Business Overview

7.14.3 Healthcare Information Technology (IT) Introduction

7.14.4 athenahealth, Inc. (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.14.5 athenahealth, Inc. (U.S.) Recent Development

7.15 UnitedHealth Group. (U.S.)

7.15.1 Company Details

7.15.2 Description and Business Overview

7.15.3 Healthcare Information Technology (IT) Introduction

7.15.4 UnitedHealth Group. (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.15.5 UnitedHealth Group. (U.S.) Recent Development

7.16 3M (U.S.)

7.16.1 Company Details

7.16.2 Description and Business Overview

7.16.3 Healthcare Information Technology (IT) Introduction

7.16.4 3M (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.16.5 3M (U.S.) Recent Development

7.17 Advantech Co., Ltd (Taiwan)

7.17.1 Company Details

7.17.2 Description and Business Overview

7.17.3 Healthcare Information Technology (IT) Introduction

7.17.4 Advantech Co., Ltd (Taiwan) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.17.5 Advantech Co., Ltd (Taiwan) Recent Development

7.18 Agfa-Gevaert Group (Belgium)

7.18.1 Company Details

7.18.2 Description and Business Overview

7.18.3 Healthcare Information Technology (IT) Introduction

7.18.4 Agfa-Gevaert Group (Belgium) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.18.5 Agfa-Gevaert Group (Belgium) Recent Development

7.19 Avantas, LLC. (U.S.)

7.19.1 Company Details

7.19.2 Description and Business Overview

7.19.3 Healthcare Information Technology (IT) Introduction

7.19.4 Avantas, LLC. (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.19.5 Avantas, LLC. (U.S.) Recent Development

7.20 Avhana Health, Inc. (U.S.)

7.20.1 Company Details

7.20.2 Description and Business Overview

7.20.3 Healthcare Information Technology (IT) Introduction

7.20.4 Avhana Health, Inc. (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.20.5 Avhana Health, Inc. (U.S.) Recent Development

7.21 BLACK BOOK RESEARCH, LLC (U.S.)

7.21.1 Company Details

7.21.2 Description and Business Overview

7.21.3 Healthcare Information Technology (IT) Introduction

7.21.4 BLACK BOOK RESEARCH, LLC (U.S.) Healthcare Information Technology (IT) Revenue, Gross, and Gross Margin (2018-2023)

7.21.5 BLACK BOOK RESEARCH, LLC (U.S.) Recent Development

8 Value Chain and Sales Channels Analysis

8.1 Healthcare Information Technology (IT) Value Chain Analysis

8.2 Healthcare Information Technology (IT) Customers

9 Research Findings and Conclusion

10 Methodology and Data Source

10.1 Methodology

10.1.1 Research Process

10.1.2 Market Size Estimation

10.1.3 Market Breakdown and Data Triangulation

10.2 Data Source

10.2.1 Legal Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global and United States Healthcare Information Technology (IT) Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What trends are influencing the growth of the Global and United States Healthcare Information Technology (IT) Market?
New players are entering the Global and United States Healthcare Information Technology (IT) Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
What is the market value of the Global and United States Healthcare Information Technology (IT) Industry?
In 2024, the Global and United States Healthcare Information Technology (IT) Market share exceeded USD xx million. Between 2025 and 2030, it will grow at a CAGR of yy%.
In the current situation, what value does the Global and United States Healthcare Information Technology (IT) Market have?
The value of the Global and United States Healthcare Information Technology (IT) Market is estimated to be USD XXX million.
What makes the latest Global and United States Healthcare Information Technology (IT) Market study unique?
The latest version of the Global and United States Healthcare Information Technology (IT) Market study includes a market size breakdown by relevant business segments, applications, and geography, as well as qualitative insights such as Patent Analysis*, Market Entropy, Key Development Activities, Market Dynamics, PEST and PORTER models, and more.