The ambulatory healthcare information technology (it) global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Ambulatory Healthcare Information Technology (IT) Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The ambulatory healthcare information technology (IT) market size has grown strongly in recent years. It will grow from $2.86 billion in 2023 to $3.09 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to the prevalence of COVID-19, government mandates and support for healthcare IT solutions, and the surge in healthcare expenditure.
The ambulatory healthcare information technology (IT) market size is strong growth in the next few years. It will grow to $4.0 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to a growing focus On telehealth, maintaining compliance with medical reforms and regulations, increasing demand for real-time patient data, and streamlined healthcare workflows. Major trends in the forecast period include an increase in technological advancements, the rise in the utilization of big data, and the increase in the use of healthcare IT solutions.
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Scope Of Ambulatory Healthcare Information Technology (IT) Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Ambulatory Healthcare Information Technology (IT) Market Overview
Market Drivers –
The growing focus on telehealth is expected to propel the growth of the ambulatory healthcare information technology (IT) market going forward. Telehealth refers to the delivery of healthcare services, including medical consultations, diagnosis, monitoring, and treatment, using telecommunications technology. Integration of ambulatory healthcare information technology systems with telehealth platforms enables streamlined virtual consultations, appointment scheduling, electronic prescriptions, and secure communication, ensuring a seamless experience for patients and healthcare providers. For instance, in August 2022, according to the Australian Digital Health Agency, an Australia-based government agency, between 2020 and 2022, a total of 118.2 million telehealth services were provided to 18 million patients, with over 95,000 practitioners utilizing telehealth services during this period. Further, in February 2023, according to a report by Rock Health, a US-based healthcare organization, telemedicine adoption had surged, with 80% of respondents accessing care remotely, up from 72% in 2021. Therefore, the growing focus on telehealth is driving the growth of the ambulatory healthcare information technology (IT) market.
Market Trends –
Major companies operating in the ambulatory healthcare information technology (IT) market are focused on technologically advanced products such as ambulatory cloud EHR software for better usability, value-based treatment, and patient experience. Ambulatory cloud EHR software refers to cloud-based electronic health record solutions designed for outpatient care, offering accessible, scalable, and secure management of patient records and clinical workflows. For instance, in October 2022, eClinicalWorks, a US-based company that offers cloud-based electronic health record software for ambulatory care, launched an innovative EHR software version, V12. The V12 offers enhanced application performance, up to 40% quicker. A module for pre-visit planning Enhanced accessibility with click reductions and new drug management displays A floating toolbar provides simple access to critical workflow components such as patient information, a virtual assistant, and documents.
The ambulatory healthcare information technology (it) market covered in this report is segmented –
1) By Type: Ambulatory Services, Primary Care Offices, Outpatient Departments, Emergency Departments, Surgical Speciality, Medical Speciality, Other Types
2) By Modality: Hospital Affiliated, Freestanding
3) By Surgery Type: Ophthalmology, Orthopedics, Gastroenterology, Pain Management, Other Surgery Types
4) By Application: Laceration Treatment, Bone Fracture Treatment, Emergency Care Service, Trauma Treatment
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Regional Insights –
North America was the largest region in the ambulatory healthcare information technology (IT) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ambulatory healthcare information technology (it) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
McKesson Corporation, General Electric, Bayer AG, Abbott Laboratories, Oracle Corporation, Medtronic Plc, Siemens Healthcare GmbH, Koninklijke Philips N.V., B. Braun Melsungen AG, Cerner Corporation, Sonova, Epic Systems Corporation, Allscripts Healthcare Solutions, Athenahealth Inc., NextGen Healthcare, Practice Fusion, MEDHOST, Greenway Health LLC, Medical Transcription Billing Corp., Nextech Systems, eMDs Inc., iPatientCare, ChartLogic , Azalea Health, Aprima Medical Software
Table of Contents
1. Executive Summary
2. Ambulatory Healthcare Information Technology (IT) Market Report Structure
3. Ambulatory Healthcare Information Technology (IT) Market Trends And Strategies
4. Ambulatory Healthcare Information Technology (IT) Market – Macro Economic Scenario
5. Ambulatory Healthcare Information Technology (IT) Market Size And Growth
…..
27. Ambulatory Healthcare Information Technology (IT) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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