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The healthcare IT consulting market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 16%, as per The Business Research Company’s market report!

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The Healthcare IT Consulting Market Size In 2022 And Forecast
The global healthcare IT consulting market is expected to grow from $38.14 billion in 2021 to $44.90 billion in 2022 at a compound annual growth rate (CAGR) of 17.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The healthcare IT consulting market is expected to grow to $83.42 billion in 2026 at a CAGR of 16.7%.

Healthcare IT consulting refer to a consulting firm that acts as a contracted third-party advisor for a given player in the healthcare sector.

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Growth Of Digitalization In Healthcare Is Driving The Growth Of The Healthcare IT Consulting Market
For instance, according to StockApps.com, a Spain-based financial educational hub, the global digital health sector is expected to earn $149.9 billion in 2022, a 16.3% growth as compared to $128.80 billion in 2021. Therefore, the growing digitization in healthcare is driving the growth of the healthcare IT consulting market.

Competitive Landscape And The Regional Analysis Of The Healthcare IT Consulting Market
Major players in the healthcare IT consulting market are Accenture Plc, Allscripts Healthcare Solutions Inc, Cerner Corporation, Cognizant, Deloitte Touche Tohmatsu Limited, IBM Corporation, Tata Consultancy Services, General Electric Company, Epic Systems Corporation, Siemens Healthineers AG, Mckesson Corporation, Koninklijke Philips N.V, HCL Technologies, Hexaware Technologies, Larsen & Toubro Infotech Limited, Microsoft Corporation, Wipro Limited, Oracle Corporation, and Infosys Limited.

Additionally, as per TBRC’s research – North America was the largest region in the healthcare IT consulting market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Healthcare IT Consulting Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the healthcare IT consulting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the healthcare IT consulting market.

Technological Advancement – A Key Trend In The Healthcare IT Consulting Market
Major companies operating in the healthcare IT consulting market are focused on developing new technological solutions to strengthen their position.

Healthcare IT Consulting Market Segmentation By The Business Research Company

1) By Type: HCIT Change Management, Healthcare Business Process Management, HCIT Integration And Migration, Healthcare or Medical System Security Set-Up And Risk Assessment, Healthcare Enterprise Reporting And Data Analytics, Other Types

2) By Component: Services, Software, Hardware

3) By End User: Hospitals And Ambulatory Care Centers, Diagnostic And Imaging Centers, Public And Private Payers, Other End Users

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