Healthcare IT Outsourcing Market Share, Trends & Forecast (2022-27)

 

Market Overview:

During the forecast period, the market for healthcare IT outsourcing is anticipated to experience a CAGR of nearly 8.3%. (2022–2027).

The need for healthcare IT solutions to maintain accurate patient data, link patient records, guarantee interoperability, and maintain cyber security increased during the Covid-19 pandemic. The German Corona Consensus Dataset (GECCO) described how data for COVID-19 patients will be standardised across German hospitals in Fast Healthcare Interoperability Resources (FHIR) profiles, according to the study titled “Generation of a Fast Healthcare Interoperability Resources (FHIR)-based Ontology for Federated Feasibility Queries in the Context of COVID-19: Feasibility Study” published in the JMIR publication in April 2022. The study proved that COVID-19 patients could generate FHIR profiles automatically for ontologies.

Scope of the Report:

As per the scope of the report, outsourcing refers to the set of economic practices used by firms to use other companies to perform certain stages of production processes. Healthcare companies are found outsourcing their services, such as manufacturing or research, to various vendors to provide quality healthcare facilities. The healthcare outsourcing industry has revolutionized business outsourcing processes due to reduction in costs, development of global delivery models, and provision of secured data access. The Healthcare IT Outsourcing market is segmented By Type (Payers HCIT Outsourcing (Hospital Information System, Laboratory Information System, Radiology Information System, Electronic Medical Records, and Other Types), Providers HCIT Outsourcing (Revenue Cycle Management System and Healthcare Analytics)), End User(Healthcare Provider System, Biopharmaceutical Industry, Clinical Research Organization and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, And South America). The market report also covers the estimated market sizes and trends of 17 countries across major regions globally. The report offers values (in USD million) for the above segments.

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