Healthcare IT Outsourcing Market Recent Research Report Study Asia Pacific 2018- Industry by Types, Application, Geography, Analysis, Competitors, Trends and Report Forecast 2024

The APAC Healthcare IT Outsourcing Market  has accounted to USD 43.7 billion in 2016, growing at a CAGR of 10.2% from 2017 to 2024, and is expected to reach USD 91.6 billion by 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

APAC Healthcare IT Outsourcing Market By Product Type (Provider (EHR, PIS, LIS, RIS, PACS, RCM, Others), Payer (Customer Management Systems, Claim Processing, Fraud Detection, Others), Life Sciences HCIT (CTMS, CDMS, ERP, Others), Operational HCIT (SCM, Business Process Outsourcing), HCIT Infrastructure (Cloud Services, Management Services)), By End User (Provider, Payer, Pharma & Biotech, Clinical Research Organization, Others), By Country (China, India, Japan, South Korea, Singapore, Australia, Rest of APAC) – Trend and Forecast to 2024

Market Definition:

The major and developed healthcare market is facing the challenge to curb with the rising cost of healthcare expenditure; to achieve this healthcare market is turning to management technologies and services. Healthcare providers are expected to lead the market and grow with the highest CAGR in the forecast period. This is owing to the gap in healthcare technology among providers, also the paradigm shift after affordable care act and value based reimbursement models all development in HCIT market will fuel the growth of provider HCIT outsourcing market.

Major Market Drivers and Restraints:

The APAC healthcare industry, generate enormous amount of data. Healthcare industry requires electronic tracking devices/system to maintain the medical records, there billing information and to track information of patients. In order to maintain this data the healthcare industry requires the strong information technology services.  This has resulted in an extraordinarily increased demand of IT infrastructure, which had helped them in keeping attention on their core service area.

Market Segmentation:

  • The report segments the APAC Healthcare IT Outsourcing Market based on product type and end-users. By product type the healthcare IT outsourcing segments the products based on their area of usage into provider HCIT, payer HCIT, life sciences HCIT, HCIT infrastructure and operation HCIT. The provider HCIT products include electronic health records, pharmacy information systems, laboratory information systems, radiology information systems, picture archiving and communication systems, revenue cycle management and others. Payer HCIT market includes products such as customer management systems, claim processing, fraud detection and, others. Life science HCIT market includes customer management systems, claim processing systems, billing systems, fraud detection and others. Operational HCIT includes products such as supply chain management, business process management and others. HCIT infrastructure outsourcing in the healthcare IT outsourcing market includes products such as infrastructure management systems, cloud and others.
  • Based on the end-users of APAC HCIT outsourcing the market is segmented into 5 segments healthcare providers, healthcare payers, pharma and biotech, clinical research organizations and others. Healthcare providers include all healthcare facilities such as physician clinics, hospitals, radiology labs, clinical labs, pharmacies among others. Healthcare payers mainly constitute of the healthcare insurance companies public and private. Pharma and biotech companies and clinical research organizations forms a significant part of this market.
  • Based on geography the market is segmented into 7 countries, China, India, Japan, South Korea, Singapore, Australia and rest of APAC. Japan is expected to dominate the market, while China and Singapore are expected to be the growing with highest CAGR in the forecast period.

Competitive Analysis:

The players in this market are using mergers, acquisition and development of technology as penetration strategies. The report also includes new developments, future technological advancements, recent strategically decisions, expansions and product launches.

 

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Major Market Competitors:

The key players

  • Mckesson Corporation,
  • Accretive Health, Inc.,
  • HCL Technologies, Inc.,
  • Anthelio Healthcare Solutions,
  • Hewlett-Packard,
  • Accenture Plc.,
  • Cognizant Technology Solutions, Dell, Inc.,
  • IBM Corporation,
  • Infosys Limited,
  • Siemens Healthcare,
  • Tata Consultancy Services, Ltd.,
  • Wipro
  • Xerox Corporation

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