Global Healthcare IT Consulting Market
Healthcare Services

Healthcare IT Consulting Market Size, Share, And Growth Rate Analysis 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s healthcare IT consulting market report forecasts the healthcare IT consulting market size to grow to $102.46 Billion by 2027, with a CAGR (compound annual growth rate) of more than 17%.

Learn More On The Healthcare IT Consulting Market Report 2023 – https://www.thebusinessresearchcompany.com/report/healthcare-it-consulting-global-market-report

Healthcare IT Consulting Market Size Forecast
The global healthcare IT consulting market is expected to grow from $45.17 billion in 2022 to $53.31 billion in 2023 at a compound annual growth rate (CAGR) of 18.0%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The healthcare IT consulting market size is expected to grow to $102.46 billion in 2027 at a CAGR of 17.7%.

North America held the largest healthcare IT consulting market share, and Asia-pacific was the fastest-growing region in 2022.

Key Healthcare IT Consulting Market Driver ­– Growth In Digitalization In Healthcare
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.

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Key Healthcare IT Consulting Market Trend – Technological Advancement
Major companies operating in the healthcare IT consulting market are focused on developing new technological solutions to strengthen their position. For instance, in March 2022, Snowflake, a US-based cloud computing data cloud company launched healthcare SaaS, a cloud-based, data-sharing and consulting services platform. It integrates the company’s analytics, core data warehousing, and business intelligence offerings with on-demand consulting services. The new cloud service also integrates machine learning and other applications to help healthcare companies in reducing the time to implement applications.

Healthcare IT Consulting Market Segment
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

Healthcare IT Consulting Market Major Players and Strategies
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.

In July 2022, Healthcare Performance Group Inc., a US-based company operating in consulting expertise for EHR technology acquired Health Data Specialists LLC for an undisclosed amount. Through this acquisition, HPG will maximize EHR platform capabilities, drive stronger performance across the enterprise, and support clients’ initiatives such as project management, optimization, legacy system support, managed services, and more. Health Data Specialists is a US-based company operating in healthcare IT consulting services.

The Healthcare IT Consulting Global Market Report 2023 covers regional data on healthcare IT consulting market size, healthcare IT consulting market trends and drivers, opportunities, strategies, and healthcare IT consulting market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Healthcare IT consulting refers to a consulting firm that acts as a contracted third-party advisor for a given player in the healthcare sector. These are helpful to make better decisions and improve the profit potential. The healthcare IT consulting is used to optimize efficiency, revenue generation, and structural improvements with various specializations emerging within the healthcare consulting sector such as strategic consulting, technology implementation, HR and people management, improvements in patient care, better staff communication and workflow, implementing competitive practices.

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