Global Healthcare IT outsourcing Market Research Report

The global healthcare IT outsourcing market is mainly driven by shifting focus towards patient-centric systems, upcoming ICD-10 transition, and improved quality care. The market was valued $34,970.60 million in 2013 and is expected to be $50,440.00 million by 2018, at a CAGR of 7.60% from 2013 to 2018.

The report “The Global Healthcare IT Outsourcing Market Forecast, 2012-2018”, analyzes the market in terms of applications which is broadly categorized as Provider IT, Payer IT, Life sciences IT, Operational IT, Infrastructure IT, and others. IT infrastructure outsourcing accounted for the largest share of around 40% of the overall healthcare IT outsourcing market. Provider IT is the fastest growing segment and is expected to grow at a CAGR of 8.50% from 2013 to 2018

North America is the leader in the healthcare IT outsourcing market. The market accounted for the largest share of around 72% of the global market followed by Europe and Asia, due to rising Government investments and support for the adoption and implementation of HCIT solutions, expanding healthcare insurance coverage in U.S., rise in aging population, and growing consumption of quality care by the patients is expected to propel the North American HCIT outsourcing in the coming years

Major drivers of the market are growing need to reduce maintenance and service cost, growing adoption of HCIT solutions, need to manage huge flow of patient data, growing demand of data center services, mainframe management, and enterprise data storage devices.

The report provides an extensive competitive landscaping of companies operating in this market. The key players of the market are Accenture Plc (Ireland), Accretive Health Inc. (U.S.), Cognizant Technology solutions (U.S.), Dell, Inc. (U.S.), International Business Machines Corporation (U.S.), HCL Technologies (India), Infosys (India), McKesson Corporation (U.S.), Siemens Healthcare (Germany), TATA Consultancy Services, Ltd (India), Wipro Ltd. (India), and others. The segment and country-specific company shares, news & deals, M&A, segment-specific pipeline products, product approvals, and product recalls of the major companies is covered in the report.