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Global Healthcare IT Market Research Report 2026

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Date9/14/2021 3:45:23 PM
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The Global Healthcare IT Market is projected to reach USD 829.2 billion by 2026 from USD 319.2 billion in 2021, at a CAGR of 21.0% during the forecast period. The growth in this market is driven by government mandates & support for healthcare IT solutions; rising use of big data in healthcare; high returns on investment associated with healthcare IT solutions; the need to curtail escalating healthcare costs; the growing demand for and use of HCIT solutions due to COVID-19; and the growing mHealth, telehealth, and remote patient monitoring markets. On the other hand, IT infrastructural constraints in developing countries, the high cost of deployment of HCIT solutions for small and medium-sized hospitals in emerging countries, and resistance from traditional healthcare providers.

“The healthcare provider solutions segment accounted for the largest share of the Healthcare IT market in 2020.”

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