1. Home
  2. > Healthcare Market Trends
Healthcare IT Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Healthcare IT Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • October 2022
  • 142 pages
  • ID: 6359783
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global healthcare IT outsourcing market size reached US$ 41.78 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 71.16 Billion by 2027, exhibiting a growth rate (CAGR) of 8.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Healthcare information technology (IT) outsourcing refers to the process of hiring external service providers to manage, regulate, and mechanize operations in medical organizations. It involves services, such as medical transcriptions, virtual assistants, healthcare coding and billing, insurance claim, and customer support. Healthcare IT is widely used by healthcare providers, biopharmaceutical industries, and clinical research organizations (CROs) to address issues and follow up claim processes. The solution helps increase accuracy and productivity, minimize errors and administrative costs, and enhance security and consumer engagement. It also provides access to trained professionals, improves patient care, ensures compliance, saves time, and protects patient data.

Healthcare IT Outsourcing Market Trends:
The increasing need to reduce healthcare costs across the globe is creating a positive outlook for the market. Healthcare IT outsourcing helps minimize costs and improve processes without sacrificing patient satisfaction within health systems. Additionally, the growing prevalence of chronic and lifestyle-based diseases and the increasing demand for safety and confidentiality of patient information is favoring the market growth. In line with this, the rising adoption of healthcare IT outsourcing to assist in revenue cycle management (RCM) due to the significant rise in operating costs of healthcare facilities and medical billing companies is acting as another growth-inducing factor. Apart from this, the integration of artificial intelligence (AI) and machine learning (ML) to analyze data, streamline supply delivery and disinfection, suggest outcomes, and provide timely risk scores and precise resource allocation, are providing an impetus to the market growth. Furthermore, the COVID-19 pandemic surged the employment of IT outsourcing in the healthcare industry to provide accurate patient information and link patient records, which is propelling the market growth. Other factors, including extensive research and development (R&D) activities, increasing patient-centric and value-based approaches in healthcare, the growing need to efficiently manage healthcare data, and rising governmental support, are anticipated to drive the market growth.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global healthcare IT outsourcing market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and end user.

Breakup by Type:
Payers HCIT Outsourcing
Hospital Information System (HIS)
Laboratory Information System (LIS)
Radiology Information System (RIS)
Electronic Medical Records (EMR)
Others
Providers HCIT Outsourcing
Revenue Cycle Management (RCM) System
Healthcare Analytics

Breakup by End User:
Healthcare Provider System
Biopharmaceutical Industry
Clinical Research Organization
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, Allscripts Healthcare Solutions Inc, Dell Technologies Inc., Infosys Limited, International Business Machines, Koninklijke Philips N.V., Optum Inc. (UnitedHealth Group Incorporated), Siemens Healthineers AG, Tata Consultancy Services, Wipro Limited and Xerox Corporation.



Key Questions Answered in This Report:

How has the global healthcare it outsourcing market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global healthcare it outsourcing market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global healthcare it outsourcing market and who are the key players?
What is the degree of competition in the industry?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Oncology Information Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • $ 2499
  • January 2023
  • 143 pages

The global oncology information systems market size reached US$ 3.7 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 5.6 Billion by 2028, exhibiting a growth rate (CAGR) of ...

  • World
  • Healthcare
  • Research And Development
  • Industry analysis

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on