Healthcare

Healthcare IT Integration Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The Healthcare IT Integration by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Healthcare IT Integration, The healthcare it integration market size has grown rapidly in recent years. It will grow from $4.38 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to interoperability initiatives, population health management, regulatory compliance, .

The healthcare it integration market size is expected to see rapid growth in the next few years. It will grow to $8.18 billion in 2028 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to precision medicine initiatives, standardization efforts, consumer health wearables, increasing in mobile health applications, remote workforce enablement. Major trends in the forecast period include interoperability advancements, focus on patient-centric integration, precision medicine integration, population health management integration, cybersecurity and data privacy measures, remote workforce enablement, ai-driven predictive analytics..

The rapid adoption of electronic health records by physicians is significantly contributing to the growth of the healthcare IT integration market. The electronic health record is a systematic collection of real-time data of patients in digital format by physicians or hospitals, whose information is instantly and securely available by authorised users. Electronic health records require healthcare IT software and its integration into healthcare institutes for smooth functioning and maintenance of vast medical data. For instance, in 2021, according to HealthIT.gov, a US-based official website for health information technology, a certified EHR was adopted by virtually all non-federal acute care hospitals (96%) and nearly 4 in 5 all office-based physicians (78%) in the United States. Therefore, the rapid adoption of electronic health records by physicians is expected to propel the growth of the healthcare IT integration market over the coming years.

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The healthcare it integration market covered in this report is segmented –

1) By Component: Product, Service

2) By Application: Clinic Integration, Radiology Integration, Lab Integration, Hospital Integration, Other Applications

Technological advancement in healthcare IT integration is the key trend being followed by the companies operating in the healthcare IT integration market. For instance, in 2021, Lyniate, an American-based healthcare IT integration g followed by the companies operating in the healthcare IT integration market. For instance, in 2021, Lyniate, an American-based healthcare IT integration company, launched its new product, Lyniate Envoy, with API technology from Datica Inc., which offers turnkey data exchange with any healthcare IT system, including Corepoint and Rhapsody. It also allows users to network with approximately over 1300 healthcare organizations for maintaining and monitoring patients’ data exchange using FHIP, C-CDA, DICOM, and others.

The healthcare it integration market report table of contents includes: