Healthcare is one of the most projecting sectors across industries. Diagnosis and treatment remain the significant goal of healthcare organizations. Currently, most of the organizations are outsourcing the IT to a third-party service provider, so that they can focus on their core competencies and adequately allocate their resources. Healthcare organizations outsource their IT services in order to decrease their operating cost, improve the companyís focus, and provide customers with quality care, and gaining access to advanced capabilities. The third-party IT service providers will provide with the best-practice solutions to the healthcare organizations and also will provide with value-added services to the customers.
According to AMA, the market for Healthcare IT Outsourcing is expected to register a CAGR of 7.0% during the forecast period to 2026. This growth is primarily driven by Healthcare IT Outsourcing Is a Viable Solution to Curtail Healthcare Costs in Each Region, Shortage of In-House IT Professionals, The requirement to Meet the Criteria of Meaningful Use To Receive Incentives by the Federal Government, Accountable Care Organizations, Reduction in Operational Costs, Growing Need to Integrate Healthcare IT Solutions and Improved Quality of Care and Clinical Outcomes.
The Health Care Technology sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Accenture Plc (Ireland), Accretive Health, Inc. (United States), Allscripts Healthcare Solutions, Inc. (United States), Anthelio Healthcare Solutions, Inc. (United States), Cognizant Technology Solutions (United States), Dell, Inc. (United States), HCL Technologies (India), Hewlett-Packard Company (United States), International Business Machines (IBM) Corporation (United States), Infosys Limited (India), McKesson Corporation (United States) and Siemens Healthcare (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Recently, Accenture has announced the launch of Ella and Ethan, AI Bots to Improve a Patientís Health and Care Using the Accenture Intelligent Patient Platform. Two interactive virtual-assistant bots that use artificial intelligence to constantly learn and make intelligent recommendations for interactions between life sciences companies, patients, health care providers (HCPs) and caregivers. Designed to help and improve a patientís health and overall experience, the bots are part of Accentureís Salesforce Full force Solutions powered by Salesforce Health Cloud and Einstein AI, as well as Amazonís Alexa.
- Healthcare IT Outsourcing Is a Viable Solution to Curtail Healthcare Costs in Each Region
- Shortage of In-House IT Professionals
- The requirement to Meet the Criteria of Meaningful Use To Receive Incentives by the Federal Government
- Accountable Care Organizations
- Reduction in Operational Costs
- Growing Need to Integrate Healthcare IT Solutions
- Improved Quality of Care and Clinical Outcomes
- Fragmented End-User Market Restricts Development of Standard It Platforms
- Rising Incidences of Data Breach and Loss of Confidentiality
OpportunitiesConsolidating The Healthcare System And The Role Of Software Architecture Oriented Programs, Growing Concerns For Data Security Offers Opportunities For Outsourcing Private Cloud Computing Models, Emerging Markets Offer A Huge Potential For IT Outsourcing, Shifting Focus Towards Patient-Centric Systems and Growing Medical Tourism In India, Singapore, China And Thailand Offers Opportunities For Healthcare IT Outsourcing
ChallengesA threat to Data Security and Confidentiality
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the ReportAMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Healthcare IT Outsourcing Study Sheds Light on The Healthcare IT Outsourcing Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Healthcare IT Outsourcing industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Healthcare IT Outsourcing industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.