Healthcare IT Outsourcing Market to Exceed US$ 50 billion by 2021

Market Research Engine has published a new report titled as “Healthcare IT Outsourcing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2024”

Healthcare is biggest industry in all over world. The main function of healthcare is to analyze and treating patient. Outsourcing is new technology used in healthcare especially in area of ophthalmology, dental services, nuclear medicine, radiology and imaging. The healthcare IT outsourcing market has registered a major rise above the previous decade. The price effectiveness of this outsourcing explanation present to healthcare providers and healthcare payers will increase their acceptance across the world. The increasing need for an improved stage of IT junction by reduced expenses will not only enhanced productivity but also increase the patient satisfaction.

The major driving factors of healthcare IT outsourcing market are as follows:

  • Lack of in-house IT professionals
  • Responsible Care Organizations
  • Reduction in operational price
  • Growing need to integrate healthcare IT solutions
  • Improved quality of care and clinical outcomes

The restraints factors of healthcare IT outsourcing market are as follows:

  • Split end-user market restrict growth of IT platforms
  • Lack of privacy
  • Increasing frequency of data contravene
  • Cultural difference and language barrier

The healthcare IT outsourcing market is segmented on the lines of its application and industry. Under application segmentation it covers provider HCIT outsourcing, payer HCIT outsourcing, life sciences HCIT outsourcing, operational HCIT outsourcing and IT infrastructure outsourcing. The provider HCIT outsourcing covers electronic health record, pharmacy information system, laboratory information management system and revenue cycle management system. Under payer HCIT outsourcing it contains customer relationship management system, claim processing system, billing system and fraud detection. Life sciences HCIT outsourcing segmentation covers clinical trial management system, clinical database management system, enterprise resource planning and R&D IT services. Operational HCIT outsourcing covers supply chain management and business process management. IT infrastructure outsourcing covers infrastructure management services and cloud computing. The healthcare IT outsourcing market is segmented on the lines of its industry like healthcare provider system, pharmaceutical, biotechnology, clinical research organization and health insurance. The healthcare IT outsourcing market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.