Healthcare IT or Healthcare Information technology has emerged as a promising development to transform the paper-based healthcare system into digitized healthcare system, ensuring effective care and patient safety. Health information technology (HIT) ....see more
The global eClinical solutions market in terms of revenue was estimated to be worth $9.6 billion in 2022 and is poised to reach $17.9 billion by 2027, growing at a CAGR of 13.3% from 2022 to 2027. Market growth is primarily driven by the rising operational costs and regulatory requirements associated with clinical research studies; the growing adoption of novel software solutions in clinical research; favourable government support and funding for clinical trials; the rising need for improved data standardization; and the increasing R&D expenditure on drug development by pharma-biotech companies.
The global healthcare IT market in terms of revenue was estimated to be worth $394.6 billion in 2022 and is poised to reach $974.5 billion by 2027, growing at a CAGR of 19.8% from 2022 to 2027. The market's growth is driven by the growing adoption of e-prescribing, telehealth, mHealth, and other HCIT solutions. However, interoperability issues and security concerns are challenging the growth of the global market to a certain extent.
The global healthcare analytics market in terms of revenue was estimated to be worth $27.4 billion in 2022 and is poised to reach $85.9 billion by 2027, growing at a CAGR of 25.7% from 2022 to 2027. Growth of the market is primarily driven by factors such as increased adoption of healthcare analytics solutions and services, the growing importance of analytics in healthcare, and increased use of technologically advanced tools.
The bioinformatics market is expected to grow from USD 10.1 billion in 2022 to USD 18.7 billion by 2027, at a CAGR of 13.0% during the forecast period. Some of the prominent players operating in the bioinformatics market are Thermo Fisher Scientific, Inc. (US), Eurofins Scientific (Luxembourg), QIAGEN N.V. (Netherlands), Agilent Technologies, Inc. (US), and Illumina, Inc. (US), Waters Corporation (US), DNASTAR (US), NeoGenomics Laboratories (US), Perkin Elmer, Inc. (US), GENEWIZ (US) and BGI Group (China), Partek Incorporated (US), SOPHiA Genetics (Switzerland), Source BioScience (UK), and Biomax Informatics AG (Germany) among others.
The global Genetic Testing market size is projected to reach USD xx million by 2027 from USD xx million in 2022, at a CAGR of xx% during the forecast period.
The global real world evidence solutions market in terms of revenue was estimated to be worth $1.5 billion in 2022 and is poised to reach $2.9 billion by 2027, growing at a CAGR of 15.2% from 2022 to 2027. The growth of this market is primarily driven by the increasing growth in clinical trials and the shift from volume-based to value-based care. Using RWE and RWD can inform better protocol design, thereby reducing the number of costly protocol amendments, and can enable the creation of synthetic control arms to accelerate trial execution and decrease overall costs.
The global digital therapeutics market in terms of revenue was estimated to be worth $4.5 billion in 2022 and is poised to reach $17.7 billion by 2027, growing at a CAGR of 31.6% from 2022 to 2027. Prominent players in this market are Noom, Inc (US), Teladoc Health, Inc. (US), Omada Health, Inc. (US), WellDoc, Inc (US), Pear Therapeutics, Inc. (US), CogniFit Inc (US), Ginger (US), Propeller Health (US), 2Morrow, Inc. (US), Canary Health (US), Click Therapeutics, Inc. (US), Akili, Inc. (US), Cognoa, Inc (US), Wellthy Therapeutics Pvt. Ltd. (India), Twill Inc. (US), Better Therapeutics, Inc (US), Mindstrong (US), Kaia Health (Germany), BehaVR Inc (US), Ayogo (Canada), Mindable Health GmbH (Germany), Virta Health Corp (US), Hinge Health, Inc. (US), Orexo AB (Sweden) and Freespira (US).
The global healthcare simulation market in terms of revenue was estimated to be worth $1.9 billion in 2022 and is poised to reach $4.2 billion by 2027, growing at a CAGR of 16.1% from 2022 to 2027. Some of the prominent players in this market are CAE (Canada), Laerdal Medical (Norway), Simulab Corporation (US), Simulaids (US), Limbs & Things (UK), Kyoto Kagaku (Japan), Mentice AB (Sweden), Gaumard Scientific Co. (US), Operative Experience Inc. (US), Cardionics Inc. (US) (a subsidiary of 3B Scientific), VirtaMed AG (Switzerland), SYNBONE AG (Switzerland), IngMar Medical (US), Medical-X (Netherlands), KaVo Dental GmbH (Germany), Altay Scientific (Italy), Simendo B.V. (Netherlands) VRMagic Holding AG (Germany), Symgery (Canada), HRV Simulation (France), Synaptive Medical (Canada), Inovus Medical (UK), TruCorp Ltd. (Ireland), and Surgical Science Sweden AG (Sweden).
The global population health management market in terms of revenue was estimated to be worth $27.8 billion in 2022 and is poised to reach $53.3 billion by 2027, growing at a CAGR of 13.9% from 2022 to 2027. The current edition of the report consists of an updated market overview for each country in the geographic analysis chapter. Country-wise market size and market share have also been provided.
The global AI in Medical Diagnostics Market in terms of revenue was estimated to be worth $1.0 billion in 2022 and is poised to reach $5.5 billion by 2027, growing at a CAGR of 39.9% from 2022 to 2027. Prominent players in this market are Microsoft (US), NVIDIA (US), IBM (US), Intel Corporation (US), Google, Inc.(Subsidiary of Alphabet, Inc) (US), Siemens Healthineers (Germany), GE Healthcare (US), Digital Diagnostics, Inc (US), Xilinx (US), InformAI LLC (US), HeartFlow, Inc (US), Enlitic, Inc (US), Day Zero Diagnostics, Inc(US), Aidence (Netherlands), Butterfly Network, Inc. (US), Prognos Health (US), Nanox AI (Israel), Viz.ai, Inc (US), Quibin (Spain), Qure.ai (India), Therapixel (France), Aidoc (Israel), Koninklijke Philips N.V. (Netherlands), Lunit. Inc (South Korea), EchoNous Inc. (US)
The track and trace solutions market is expected to grow from USD 4.8 billion in 2022 to USD 8.6 billion by 2027, at a CAGR of 11.6% during the forecast period. The key players operating in this market include OPTEL GROUP (Canada), METTLER-TOLEDO International Inc. (US), Systech International Inc. (US), TraceLink Inc. (US), Antares Vision S.p.a. (Italy), SAP SE (US), Xyntek Inc. (US), SEA Vision Srl (Italy), Syntegon (Germany), Siemens (Germany), Uhlmann Group (Germany), JEKSON VISION (India), Videojet Technologies, Inc. (US), Zebra Technologies Corporation (US), Axway (US), ACG Worldwide (India), Laetus GmbH (Germany), and WIPOTEC-OCS (Germany).
The patient engagement technology is expected to grow from USD 17.3 billion in 2022 to USD 27.9 billion by 2027, at a CAGR of 10.0% during the forecast period.Patient engagement technology is increasingly being adopted by healthcare providers, payers, and patients across the globe, particularly in the U.S. This report delivers a qualitative assessment of the patient engagement technology in terms of pricing, vendor replacement trends, and selection criteria of adopting patient engagement technology from the providers’ perspective.
The global clinical alarm management market in terms of revenue was estimated to be worth $3.3 billion in 2022 and is poised to reach $5.4 billion by 2027, growing at a CAGR of 10.4% from 2022 to 2027. The increasing demand for healthcare and the rising patient population have resulted in an increasing frequency of patient alarms, regardless of priority. This has resulted in alarm fatigue (sensory overload when clinicians are exposed to an excessive number of alarms). Clinical alarms have the potential to cut costs and facilitate better patient management, which, with the rising disease prevalence and growing geriatric population, is a key contributor to market growth.
The patient access /Front-end RCM solutions market is expected to grow from USD 1.9 billion in 2022 to USD 2.9 billion by 2027, at a CAGR of 8.9% during the forecast period. Cognizant (US), McKesson Corporation (US), Cerner Corporation (US), Experian Plc (Ireland), 3M (US), Conifer Health Solutions (US), Waystar (US), Epic Systems Corporation (US), The SSI Group, LLC (US), Optum, Inc. (US), Cirius Group, Inc. (US), Craneware, Inc. (Scotland), Allscripts Healthcare Solutions, Inc. (US), Genentech, Inc. (US) are the major players in this market. These companies are majorly focusing on the strategies such as agreements, collaborations, partnerships, and service launches in order to remain competitive and further increase their share in the market.
The referral management market is expected to grow from USD 3.2 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 13.6% during the forecast period. Prominent players in this market are Cerner Corporation (US), CarePort Health (US), eHealth Technologies, Inc. (US), Optum, Inc. (US), Change Healthcare (US), ReferralMD (US), Kyruus (US), Eceptionist (US), Persistent Systems (India), HealthViewX (US), Conifer Health Solutions, LLC (US), EcoSoft Health (US), DentalCareLinks (US), BlockitNow, Inc. (US), Cloudmed (US), EZ Referral (Canada), ReferWell (US), Arcadia (US), HealthWare Systems (US), Netsmart Technologies, Inc. (US), Advanced (UK), Innovaccer, Inc. (US), Lightbeam Health Solutions (US), MDfit (US), and Medcohere Inc. (US). These players are increasingly focusing on product launches, expansions, acquisitions, and partnerships to expand their product offerings in the referral management market.
The medical terminology software market is expected to grow from USD 1.0 billion in 2022 to USD 2.5 billion by 2027, at a CAGR of 19.3% during the forecast period. Wolters Kluwer N.V. (Netherlands), 3M (US), Intelligent Medical Objects, Inc. (US), Apelon, Inc. (US), Clinical Architecture, LLC (US), CareCom (Denmark), BiTAC (Spain), B2i Healthcare (Hungary), BT Clinical Computing (Belgium), and HiveWorx (Ireland) are the major players in this market. These companies are majorly focusing on the strategies such as agreements, collaborations, partnerships, and service launches in order to remain competitive and further increase their share in the market.
The interactive patient care market is expected to grow from USD 146 million in 2022 to USD 300 million by 2027, at a CAGR of 15.5% during the forecast period. Prominent players in this market are GetWellNetwork (US), Epic Systems Corporation (US), SONIFI Health (US), Barco (Belgium), Sentrics (US), Advantech Co., Ltd. (Taiwan), Aceso Interactive Inc. (US), HealthHub Patient Engagement Solutions (Canada), Lincor, Inc. (US), eVideon (US), Remedi Complete Medical Solutions (Taiwan), i3solutions (Canada), PDi Communication Systems, Inc. (US), BEWATEC ConnectedCare GmbH (Germany), Hôpitel Inc. (Canada), Hospedia (UK), Onyx Healthcare Inc. (US), ClinicAll (US), ARBOR Technology Corp. (Taiwan), Healthcare Information, LLC (US), Oneview Healthcare (Ireland), Siemens (Germany), Vecoton (China), pCare (US), and Medix-Care GmbH (Germany). These players are increasingly focusing on product launches, expansions, acquisitions, and partnerships to expand their product offerings in the interactive patient engagement solutions market.
The global particle counters market size is projected to reach USD 825 million by 2027, at a CAGR of 10.0% during the forecast period. AS of 2021, prominent players in the particle counters market are Particle Measuring Systems, Inc. (US), Beckman Coulter (US), RION Co., Ltd. (Japan), Lighthouse Worldwide Solutions, Inc. (US), TSI Incorporated (US), Climet Instruments Company (US), Met One Instruments, Inc. (US), Particle Plus, Inc. (US), Setra Systems (US), PAMAS (Germany), Chemtrac, Inc. (US), HAL Technology (US), Kanomax USA, Inc. (US), Veltek Associates, Inc. (US), PCE Instruments UK Ltd. (UK), GrayWolf Sensing Solutions (US), Extech Instruments (US), Palas GmbH (Germany), HYDAC International (Australia), and Fluke Corporation (US), among others.
The global clinical decision support systems market in terms of revenue was estimated to be worth $1.5 billion in 2022 and is poised to reach $2.2 billion by 2027, growing at a CAGR of 7.9% from 2022 to 2027. The growth of the CDSS market is driven by the various government regulations and initiatives that are implemented to promote the adoption of HICT solutions, an increase in the adoption of CDSS-enabled EHRs, growing collaborations and partnerships between stakeholders and various market players, an increase in medication errors, and the development of mHealth and big data tools.
The medical image analysis software market is projected to reach USD 4.5 billion by 2027, at a CAGR of 7.8% during the forecast period. Prominent players in the market are GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Canon Inc. (Japan), Agfa HealthCare (Belgium), International Business Machines Corporation (US), Carestream Health, Inc. (US), AQUILAB SAS (France), Esaote S.p.A. (Italy), MIM Software, Inc. (US), Image Analysis, Ltd. (UK), and ScienceSoft USA Corporation (US).
The global ambulatory EHR market is projected to reach USD 7.7 billion by 2027, at a compound annual growth rate (CAGR) of 6.1% during the forecast period. The major players Epic Systems Corporation (US), Cerner Corporation (US), Allscripts Healthcare Solutions, Inc. (US), Medical Information Technology, Inc. (MEDITECH, US), Computer Programs and Systems, Inc. (CPSI, US).
The global AI in drug discovery market in terms of revenue was estimated to be worth $0.6 billion in 2022 and is poised to reach $5.0 billion by 2027, growing at a CAGR of 45.7% from 2022 to 2027. The Prominent Players in this market are NVIDIA Corporation (US), Microsoft Corporation (US), Google (US), Exscientia (UK), Schrödinger (US), Atomwise, Inc. (US), BenevolentAI (UK), NuMedii (US), BERG LLC (US), Cloud Pharmaceuticals (US), Insilico Medicine (US), Cyclica (Canada), Deep Genomics (Canada), IBM (US), BIOAGE (US), Valo Health (US), Envisagenics (US), twoXAR (US), Owkin, Inc. (US), XtalPi (US), Verge Genomics (US), Biovista (US), Evaxion Biotech (Denmark), Iktos (France), Standigm (South Korea), and BenchSci (Canada).
The digital pharmacy market is expected to grow from USD 96.5 billion in 2022 to USD 211.9 billion by 2027, at a CAGR of 17.0% during the forecast period. Prominent players in this market are CVS Health (US), Cigna (US), Optum, Inc. (Part of the UnitedHealth Group) (US), Walgreens Co. (US), Walmart Inc. (US), The Kroger Co. (US), Amazon.com, Inc. (US), GoodRx (US), Costco Wholesale Corporation (US), Rite Aid Corp. (US), Hims & Hers Health, Inc. (US), PharmEasy (India), Apollo Pharmacy (India), DocMorris (Netherlands), Giant Eagle Inc. (US), LloydsPharmacy (UK), Shop-apotheke.com (Netherlands), Tata 1mg (India), Netmeds.com (India), HealthWarehouse, Inc. (US), Pharmex Direct Inc. (Canada), Apex Pharmacy (UK), TELUS (Canada), RO Pharmacy (US), Rx Outreach (US), The Independent Pharmacy (UK), Rexall Pharmacy Group ULC (Canada), and NorthWestPharmacy.com (Canada). These players are increasingly focusing on product/service upgrades, acquisitions, partnerships, agreements, expansions, and collaborations to expand their product offerings in the digital pharmacy market.
The oncology information system market size is projected to reach USD 11.1 billion by 2027, at a CAGR of 7.6% during the forecast period. Prominent players in this market are Koninklijke Philips N.V. (Netherlands), McKesson Corporation (US), Siemens Healthineers (Germany), Elekta AB (Sweden), Epic Systems Corporation (US), IBM (US), Cerner Corporation (US), Advanced Data Systems (US), Bogardus Medical Systems, Inc (US), F. Hoffmann-La Roche AG (Switzerland), Altai Oncology, LLC. (US), GE Healthcare (US), Accuray Incorporated (US), OPTUM (a part of UnitedHealth Group) (US), Allscripts Healthcare Solutions, Inc. (US), MICA Information Systems, Inc. (US), CureMD Healthcare (US), EndoSoft LLC (US), MIM Software Inc. (US) and RaySearch Laboratories AB (Sweden).
The global Operating Room Integration Market in terms of revenue was estimated to be worth $1.9 million in 2022 and is poised to reach $3.3 billion by 2027, growing at a CAGR of 12.1% from 2022 to 2027. The major players in this market are Stryker Corporation (US), STERIS Plc (US), Karl Storz SE & Co. KG (Germany), Olympus Corporation (Japan), Getinge AB (Sweden).
The global patient engagement solutions market in terms of revenue was estimated to be worth $17.3 billion in 2022 and is poised to reach $27.9 billion by 2027, growing at a CAGR of 10% from 2022 to 2027. Prominent players in this market are IBM (US), McKesson Corporation (US), Allscripts (US), Cerner Corporation (US), Epic Systems Corporation (US), Orion Health (New Zealand), GetWellNetwork (US), athenahealth (US), Oneview Healthcare (Ireland), MEDITECH (US), IQVIA (US), Get Real Health (US), Cognizant (US), Symphony Care (US), Harris Healthcare (US), Kareo (US), CureMD Healthcare (US), eClinicalWorks (US), and Lincor Solutions (US), AdvancedMD (US), WellStack(US), IQVIA (US), Vivify Health (US), Medhost (US), Validic (US) MEDISYSINC (US), and Patient point LLC (US).
The global healthcare cloud computing market in terms of revenue was estimated to be worth $39.4 billion in 2022 and is poised to reach $89.4 billion by 2027, growing at a CAGR of 17.8% from 2022 to 2027. Key players offering healthcare cloud computing products in this market include Amazon Web Services, Inc. (US), Microsoft Corporation (US), International Business Machines Corporation (US), athenahealth. Inc. (US), CareCloud, Inc. (US), Siemens Healthineers AG (Germany), eClinicalWorks (US), Koninklijke Philips N.V. (Netherlands), and Allscripts Healthcare Solutions, Inc. (US).
The global remote patient monitoring market in terms of revenue was estimated to be worth $53.6 billion in 2022 and is poised to reach $175.2 billion by 2027, growing at a CAGR of 26.7% from 2022 to 2027. The predominant factors influencing the growth of the market include the benefits of RPM to reduce the burden on medical resources, the monitoring benefits of telehealth and remote patient monitoring services, advancements in telecommunications, an increasing geriatric population, and the growing need to expand healthcare access.
The global digital pathology market in terms of revenue was estimated to be worth $736 million in 2021 and is poised to reach $1,371 million by 2026, growing at a CAGR of 13.2% from 2021 to 2026. Prominent players in this market are Leica Biosystems (US), Koninklijke Philips N.V. (Netherlands), Hamamatsu Photonics (Japan), F. Hoffmann-La Roche Ltd. (Switzerland), 3DHISTECH (Hungary), Apollo Enterprise Imaging (US), XIFIN, Inc. (US), Huron Digital Pathology (Canada), Visiopharm A/S (Denmark), Aiforia Technologies Oy (Finland), Akoya Biosciences (US), Corista (US), Indica Labs (US), Objective Pathology Services (Canada), Sectra AB (Sweden), OptraSCAN (US), Glencoe Software (US), KONFOONG BIOTECH INTERNATIONAL CO., LTD. (China), Inspirata, Inc. (US), PathAI (US), Proscia Inc. (US), Kanteron Systems (Spain), Mikroscan Technologies (US), Motic (US), and Paige (US).
The global Patient Experience Technology Market boasts a total value of $179 million in 2021 and is projected to register a growth rate of 10.7% to reach a value of $299 million by 2026. Prominent players in the US patient experience technology market are Sodexo (France), Press Ganey Associates (US), Vocera Communications (US), Huron Consulting Group (US), Aramark (US), CipherHealth (US), Accenture (US), Qualtrics (US), GetWell (US), and HybridChart (US).
The global telehealth & telemedicine market in terms of revenue was estimated to be worth $87.2 billion in 2022 and is poised to reach $285.7 billion by 2027, growing at a CAGR of 26.6% from 2022 to 2027. North America dominated the telehealth market, with a share of 59.2% in 2021, while Asia Pacific is expected to register the highest CAGR of 33.7% during the forecast period.
The global Healthcare Interoperability Solutions Market in terms of revenue was estimated to be worth $2.9 billion in 2021 and is poised to reach $5.7 billion by 2026, growing at a CAGR of 13.9% from 2021 to 2026. Some of the prominent players in this market are Cerner Corporation (US), Epic Systems Corporation (US), Infor, Inc. (US), Koninklijke Philips NV (Netherlands), InterSystems Corporation (US) are the major players in this market. These companies are majorly focusing on the strategies such as agreements, collaborations, partnerships, and service launches in order to remain competitive and further increase their share in the market. Some of the prominent players in the market namely, Orion Health Group Limited (New Zealand), IBM Watson Health (US), Lyniate (US), Change Healthcare (US), NextGen Healthcare, Inc. (US), and Medical Information Technology, Inc. (US), iNTERFACEWARE (Canada), OSP Labs (US), ViSolve, Inc. (US), Jitterbit (US), Virtusa Corp. (US), and Summit Healthcare Services, Inc. (US).
The global teleradiology market in terms of revenue was estimated to be worth $7.3 billion in 2021 and is poised to reach $14.8 billion by 2026, growing at a CAGR of 15.3% from 2021 to 2026. The prominent players in this market are Cerner Corporation (US), Phillips Healthcare (Netherlands), Siemens Healthineers (Germany), McKesson Corporation (US), FUJIFILM Holdings Corporation (Japan), Agfa HealthCare (Belgium), Medica Group Plc. (UK), ONRAD, Inc. (US), RamSoft Inc. (Canada), NovaRad Corporation (US), TeleDiagnostic Solutions Pvt. Ltd. (India), 4ways Healthcare (UK), Teleradiology Solutions (India), TeleRad Tech (India), StatRad LLC (US), MedWeb LLC (US), WebRad TeleRadiology (India), Nautilus Medical (US), GE Healthcare (US), USARAD Holdings, Inc. (US), Everlight Radiology (Australia), and Mirada Medical (US).
The global healthcare consulting services market size is projected to reach USD 41.2 billion by 2026, at a CAGR of 11.5% during the forecast period. The prominent players are Accenture (Ireland), Cognizant (US), Deloitte (UK), McKinsey & Company (US), PwC (UK), EY (UK), Huron Consulting Group Inc. (US), KPMG (Netherlands), Boston Consulting Group (US), Bain & Company, Inc. (US), and IQVIA (US), among others.
The healthcare IT integration market is expected to grow from USD 3.9 billion in 2021to USD 7.1 billion by 2026, at a CAGR of 12.4% during the forecast period. Key players offering healthcare IT integration products and services in this market include Infor (US), InterSystems Corporation (US), Cerner Corporation (US), Orion Health (New Zealand), NextGen Healthcare, Inc. (US), iNTERFACEWARE, Inc. (Canada), Allscripts Healthcare Solutions, Inc. (US), Epic Systems Corporation (US), AVI-SPL, Inc. (US), Corepoint Health (Lyniate) (US), and Oracle Corporation (US). These companies adopted strategies such as service launches, business expansions, agreements, partnerships, collaborations, and acquisitions to strengthen their presence in the healthcare IT Integration market.
The global healthcare fraud analytics market in terms of revenue was estimated to be worth $1.5 billion in 2021 and is poised to reach $5.0 billion by 2026, growing at a CAGR of 26.7% from 2021 to 2026. Major players in this market includes IBM Corporation (US), Optum, Inc. (US), Cotiviti, Inc. (US), Change Healthcare (US), Fair Isaac Corporation (US), SAS Institute Inc. (US), EXLService Holdings, Inc. (US), Wipro Limited (India), Conduent, Incorporated (US), CGI Inc. (Canada), HCL Technologies Limited (India), Qlarant, Inc. (US), DXC Technology (US), Northrop Grumman Corporation (US), LexisNexis (US), Healthcare Fraud Shield (US), Sharecare, Inc. (US), FraudLens, Inc. (US), HMS Holding Corp. (US), Codoxo (US), H20.ai (US), Pondera Solutions, Inc. (US), FRISS (The Netherlands), Multiplan (US), FraudScope (US), and OSP Labs (US).
The global patient registry software market in terms of revenue was estimated to be worth $1.4 billion in 2021 and is poised to reach $2.8 billion by 2026, growing at a CAGR of 15.0% from 2021 to 2026. Some of the prominent players in this market are IBM Corporation (US), IQVIA Holdings (US), OpenText Corporation (Canada), Optum (US), Premier, Inc. (US), ArborMetrix, Inc. (US), FIGmd (US), McKesson Corporation (US), Syneos Health (US), Dacima Software, Inc. (Canada), ifa Systems AG (Germany), Medstreaming- M2S (US), ImageTrend, Inc. (US), Evado Clinical (Australia), WIRB Copernicus Group (US), Global Vision Technologies, Inc. (India), Conduent, Inc. (US), Elekta AB (Sweden), Cedaron (US), LUMEDX (US), Armus Corp (US), Phamax AG (Switzerland), and Versaform Systems Corp (US), ESO Solutions (US) and Ordinal Data, Inc. (US)
The global laboratory informatics market in terms of revenue was estimated to be worth $3.4 billion in 2021 and is poised to reach $5.6 billion by 2026, growing at a CAGR of 10.8% from 2021 to 2026. Thermo Fisher Scientific Inc. (US), LabVantage Solutions, Inc. (US), LabWare (US), Abbott Informatics (US), LabLynx, Inc. (US), Waters (US), Agilent Technologies, Inc. (US), Autoscribe Informatics (US), Dassault Systèmes (Paris, France), LABWORKS LLC (US), and PerkinElmer Inc. (US).
The global 5G in Healthcare Market in terms of revenue was estimated to be worth $215 million in 2021 and is poised to reach $3,667 million by 2026, growing at a CAGR of 76.3% from 2021 to 2026. The prominent players in the 5G in healthcare market are AT&T (US), Verizon (US), China Mobile Limited (China), Qualcomm (US), T-Mobile (US), Ericsson (Sweden), Telit (Poland), Telus (Canada), Vodafone (UK), Nokia (Finland), Samsung (South Korea), Deutsche Telekom AG (Germany), Orange S.A. (France), SK Telecom Co., Ltd. (South Korea), BT Group (UK), NTT DOCOMO (UK), NEC Corporation (Japan), Telefónica (Spain), Airtel (India), Huawei Technologies Co., Ltd. (China), and Cisco (US). These companies adopted strategies such as service launches, business expansions, agreements, partnerships, collaborations, and acquisitions to strengthen their presence in the 5G in healthcare market.
The global Laboratory Information Management System Market in terms of revenue was estimated to be worth $1.1 billion in 2021 and is poised to reach $2.1 billion by 2026, growing at a CAGR of 13.2% from 2021 to 2026. The prominent players operating in the market are LabWare (US), LabVantage Solutions (US), Thermo Fisher Scientific (US), Abbott Informatics (US), Agilent Technologies Inc. (US), LabLynx, Inc. (US), Dassault Systèmes (France), Labworks LLC (US), Autoscribe Informatics (US), and Accelerated Technology Laboratories (ATL).
The global Revenue Cycle Management Market in terms of revenue was estimated to be worth $40.9 billion in 2021 and is poised to reach $67.8 billion by 2026, growing at a CAGR of 10.6% from 2021 to 2026. The growth of this market is majorly attributed to the need for increasing patient volumes, and the growing need to manage unstructured healthcare data. Also, growing regulatory requirements & government initiatives are expected to drive demand growth in the revenue cycle management market during the forecast period. The major players in the global revenue cycle management market are R1 RCM (US), Cerner Corporation (US), Optum (US). Other prominent players in the market include McKesson Corporation (US), Change Healthcare (US), 3M (US), Experian plc (Ireland), Conifer Health Solutions (US), Allscripts Healthcare Solutions (US), GE Healthcare (US), Cognizant (US), athenahealth (US), SSI Group LLC (US), AdvantEdge Healthcare (US), and Huron Consulting Group (US).
The global dairy herd management market in terms of revenue was estimated to be worth $3.7 billion in 2021 and is poised to reach $5.4 billion by 2026, growing at a CAGR of 7.9% from 2021 to 2026. The increasing herd size of dairy farms and growing consumption of milk and dairy products are the primary growth drivers for the global market. Increasing public-private funding and investments in dairy farming and technological advancements are further aiding the market growth.
The Infection Surveillance Solutions Market is expected to grow from USD 508 million in 2021 to USD 1,033 million by 2026, at a CAGR of 15.2% during the forecast period. The prominent players in the global infection surveillance solutions market are Becton, Dickinson and Company (US), Premier International, Inc. (US), Wolters Kluwer N.V. (Netherlands), Cerner Corporation (US), Baxter International Inc. (US), GOJO Industries, Inc. (US), Sunquest (US), Deb Group Ltd. (UK), BioVigil Healthcare Systems (US), RLDatix (UK), IBM Corporation (US), Vecna Technologies, Inc. (US), VigiLanz Corporation (US), Ecolab Inc. (US), Harris Healthcare (US), PeraHealth Inc. (US), Medexter Healthcare (Austria), CenTrak, Inc. (US), bioMerieux SA (France), CKM Healthcare (Canada), Asolva Inc. (US), PointClickCare (Canada), STANLEY Healthcare (US), Vitalacy Inc. (US), and Vizzia Technologies (US).
The Laboratory Information Systems Market size is projected to reach USD 2.4 billion by 2026, growing at a CAGR of 9.0%. Some of the prominent players operating in this market are Orchard Software Corporation (US), Sunquest Information Systems (US), Cerner Corporation (US), CompuGroup Medical (Germany), Computer Programs and Systems Inc. (US), Meditech (US), SCC Soft Computer (US), Epic Systems Corporation (US), Comp Pro Med (US), American Soft Solutions Corp. (US), Allscripts Healthcare Solutions, Inc. (US), WebPathLab (US), XIFIN (US), Clinsis (Nicaragua), Computer Service and Support (CSSLIS) (US), ASPYRA LLC (US), Apex Healthware (US), Pathagility (US), LabVantage Solutions (US), HEX Laboratory Systems (US), LigoLab Information Systems (US), TECHNIDATA (France), Seacoast Laboratory Data Systems (US), Alphasoft GmbH (Germany) and Dendi, Inc. (US), among others.
The global clinical trial imaging market in terms of revenue was estimated to be worth $1.0 billion in 2021 and is poised to reach $1.4 billion by 2026, growing at a CAGR of 7.6% from 2021 to 2026. The major players operating in this market are ICON plc. (Ireland), BioTelemetry Inc. (US), Biomedical Systems Corporation (US), Medpace Holdings, Inc. (US), IXICO plc. (UK), Resonance Health Ltd. (Australia), Radiant Sage LLC. (US), BioClinica Inc. (US), Intrinsic Imaging LLC. (US), Cardiovascular Imaging Technologies LLC. (US), Medical Metrics Inc. (US), Prism Clinical Imaging, Inc. (US), Boston Imaging Core Lab LLC. (US), anagram 4 clinical trials (Spain), Lyscaut Medical Imaging Company (Belgium), Calyx Group (UK), Bioseptive Inc. (Canada), ProScan Imaging LLC. (US), Micron Inc. (Japan), Imaging Endpoints LI, LLC (US), Perspectum Ltd. (UK), Pharmtrace klinische Entwicklung GmbH (Germany), WorldCare Clinical, LLC (US).
The global Medical Device Connectivity Market in terms of revenue was estimated to be worth $1.7 billion in 2021 and is poised to reach $4.9 billion by 2026, growing at a CAGR of 24.4% from 2021 to 2026. The prominent players in the global medical device connectivity market are Cerner Corporation (US), Medtronic plc (Ireland), Masimo (US), Koninklijke Philips N.V. (Netherlands), GE Healthcare (US), Stryker Corporation (US), iHealth Labs Inc. (US), Cisco Systems (US), Lantronix Inc. (US), Infosys (India), S3 Connected Health (Ireland), Spectrum Medical Ltd. (UK), Hill-Rom Holdings Inc. (US), Iatric Systems Inc. (US), Silex Technology (Japan), Digi International Inc. (US), True Process (US), TE Connectivity (Switzerland), Bridge-Tech Medical (US), Medicollector LLC (US), Dragerwerk AG & CO. KGAA (Germany), Honeywell International (US), Ascom Holdings AG (Switzerland), Wipro Ltd. (India), and OSI Systems (US).
The global IoT medical devices market is projected to reach USD 94.2 billion by 2026, at a CAGR of 28.9% during the forecast period. Medtronic (US), GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), are the leading players in the market. Other players include Honeywell Life Care Solutions (US), BIOTRONIK (Germany) Boston Scientific Corporation (US), Johnson & Johnson Services, Inc. (US), Siemens AG (Germany), Omron Healthcare, Inc. (Japan), BioTelemetry, Inc. (US), AliveCor, Inc. (US), iHealth Lab, Inc. (US), AgaMatrix (US), Abbott Laboratories (US), Stanley Healthcare (US), and Hillrom-Welch Allyn (US).
The global Healthcare BPO Market in terms of revenue was estimated to be worth $296.4 billion in 2021 and is poised to reach $468.5 billion by 2026, growing at a CAGR of 9.6% from 2021 to 2026. Prominent players of this market are Accenture (Ireland), Cognizant (US), Infosys BPM (India), IBM Corporation (US), IQVIA (US), TCS (India), Wipro (India), and WNS (Holdings) Ltd. (India).
The global care management solutions market in terms of revenue was estimated to be worth $12.6 billion in 2021 and is poised to reach $21.6 billion by 2026, growing at a CAGR of 11.4% from 2021 to 2026. The growth of this market is driven by the implementation of initiatives to shift the burden of risk from healthcare payers to providers; government initiatives and regulations promoting patient-centric care; initiatives to promote healthcare IT; a rising geriatric population; and the need to reduce healthcare costs.
The bioinformatics services market is expected to grow from USD 2.5 Billion in 2021 to USD 5.3 Billion by 2026, at a compound annual growth rate (CAGR) of 15.8% during the forecast period.Illumina (US), Thermo Fisher Scientific (US), Eurofins Scientific (Luxembourg), BGI Group (China), NeoGenomics (US), PerkinElmer (US), CD Genomics (US), Psomagen, Inc. (South Korea), QIAGEN (Germany), GENEWIZ (US), Source BioScience (UK), Microsynth (Switzerland), MedGenome (India), Fios Genomics (UK), and BaseClear (Netherlands),