Healthcare IT Consulting Market Size, Share, Trends, Growth and Forecast 2032

Healthcare IT Consulting Market

Healthcare IT Consulting Market by Type (Application Analysis, Design & Development, Strategy & Project Management, Change Management, Security & Risk Assessment, Integration & Migration, Production Live Support, Regulatory Compliance, Business Process Management, and Other Consulting Services) and by End User (Healthcare Providers, Healthcare Payers, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032

Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3242 Published Date: Feb-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 45.13 Billion USD 157.76 Billion 14.92% 2023

Healthcare IT Consulting Market

Global Healthcare IT Consulting Market Overview:

The global Healthcare IT Consulting Market size was worth around USD 45.13 Billion in 2023 and is predicted to grow to around USD 157.76 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 14.92% between 2024 and 2032.

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Healthcare IT consulting market provides a consumer with the resources which allow access to the wide variety of industry data along with the consulting services on rapidly changing regulations, technology, analytics software, programs, and many more. Moreover, providers are focusing on providing customized services to their consumer to ensure proper management and integration of data along with securing the data from any kind of cyber attack. Healthcare IT consulting market is providing a strong platform for better and foster collaboration among the wide range of healthcare providers and patients. Moreover, healthcare IT consulting market is estimated to provide effective, efficient, error-free, and affordable healthcare service which, in turn, will prove beneficial for both the healthcare provider and consumer. 

The global healthcare IT consulting market is experiencing strong growth due to the strict government regulations and rapid adoption of digitalization in healthcare. Moreover, rise in burden of chronic or infectious disease and increase in demand for IT consulting services in the healthcare industry is expected to propel growth of the market. However, factors such as high cost of deployment and concerns regarding data safety are expected to hamper the market growth.

In order to give the users of this report a comprehensive view of the healthcare IT consulting market, we have included the competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the type and end-use segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the market on the global and regional basis. 

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Healthcare IT Consulting Market: Report Scope

Report Attributes Report Details
Report Name Healthcare IT Consulting Market Size Report
Market Size in 2023 USD 45.13 Billion
Market Forecast in 2032 USD 157.76 Billion
Growth Rate CAGR of 14.92%
Number of Pages 188
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Deloitte Touche Tohmatsu Limited Cerner Corporation, Cognizant Technology Solutions Corporation, Cisco Systems Inc., Cerner Corporation, Atos Se, Allscripts Healthcare Solutions Inc., Accenture Plc., HCL Technologies Limited, Genpact Limited, General Electric Company, Epic Systems Corporation, Microsoft Corporation, Mckesson Corporation, Larsen & Toubro Limited, Koninklijke Philips N.V., Infosys Ltd., Infor Inc., IBM Corporation, Hexaware Technologies Ltd. and others.
Segments Covered By End User, By B Type And By region.
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Healthcare IT Consulting Market: Segmentation

The study provides a decisive view of the healthcare IT consulting market by segmenting the market based on type, application, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. 

The healthcare IT consulting market is segmented on the basis of the type as application analysis, design & development, strategy & project management, change management, security & risk assessment, integration & migration, production live support, regulatory compliance, business process management and other consulting services. By type segment, design & development is estimated to cover prominent market value share as it is a significant tool which is required for developing, designing and implementation of all IT solutions.

Based on end user, healthcare IT consulting market is segmented as healthcare providers, healthcare payers, and others. By end user segment, healthcare providers are covering the large market value share, attributed to the fact that growing adoption of electronic record maintenance along with the integration of the hospital to provide more prominent services to the patient base. 

Region Analysis Preview

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further divided into major countries including the U.S., Canada, Germany, France, the UK, China, Japan, India, and Brazil. This segmentation includes demand for healthcare IT consulting based on individual segment and applications in all the regions and countries.

Based on geography, the global healthcare IT consulting market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market during the forecast period due to the stringent government regulations, need to improve the quality of care and reduce healthcare cost, and growing trend of digitalization in healthcare in the region. For instance, as per the U.S. Food & Drug Administration (FDA), digital health technologies (healthcare IT solutions) help providers reduce inefficiencies, improve access and quality, reduce costs, and make medicine more personalized for patients. Moreover, such technologies enable the patients and consumers to manage and track health and wellness-related activities more efficiently.

Europe and Asia Pacific are also expected to witness significant growth in the global healthcare IT consulting market due to the stringent government regulations, rise in adoption of healthcare IT services or solutions, and rising demand for effective, efficient, and advanced treatment solutions. For instance, in March 2023, India planned to launch a global initiative on digital health. According to the Government of India, digital health is a great enabler in delivery of healthcare services and has proved instrumental for various path-breaking digital health intervention ensuring availability, accessibility and affordability, and equity of health services.

Key Market Players & Competitive Landscape

The report also includes detailed profiles of end players such as -

  •  Deloitte Touche Tohmatsu Limited Cerner Corporation
  • Cognizant Technology Solutions Corporation
  • Cisco Systems Inc.
  • Cerner Corporation
  • Atos Se
  • Allscripts Healthcare Solutions Inc.
  • Accenture Plc.
  • HCL Technologies Limited
  • Genpact Limited
  • General Electric Company
  • Epic Systems Corporation
  • Microsoft Corporation
  • Mckesson Corporation
  • Larsen & Toubro Limited
  • Koninklijke Philips N.V.
  • Infosys Ltd.
  • Infor Inc.
  • IBM Corporation
  • Hexaware Technologies Ltd. .

This report segments the global healthcare IT consulting market as follows:

 Global Healthcare IT Consulting Market: By Type

  • Application Analysis, Design & Development
  • Strategy & Project Management 
  • Change Management  
  • Security and Risk Assessment
  • Integration & Migration
  • Production Live Support 
  • Regulatory Compliance
  • Business Process Management
  • Other Consulting Services

Global Healthcare IT Consulting Market: By End User

  • Healthcare Providers
    • Ambulatory Care Centers
    • Hospitals, Physician Groups, and Integrated Delivery Networks
    • Diagnostic and Imaging Centers
    • Home Healthcare Agencies, Nursing Homes & Assisted Living Facilities
    • Other Healthcare Providers
  • Healthcare Payers 
    • Public Payers
    • Private Payers 
  • Others

Global Healthcare IT Consulting Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Healthcare IT Consulting Market size was worth around USD 45.13 Billion in 2023 and is predicted to grow to around USD 157.76 Billion by 2032

Annual growth rate (CAGR) of roughly 14.92% between 2024 and 2032.

The largest share of the Healthcare IT Consulting Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.

Deloitte Touche Tohmatsu Limited Cerner Corporation, Cognizant Technology Solutions Corporation, Cisco Systems Inc., Cerner Corporation, Atos Se, Allscripts Healthcare Solutions Inc., Accenture Plc., HCL Technologies Limited, Genpact Limited, General Electric Company, Epic Systems Corporation, Microsoft Corporation, Mckesson Corporation, Larsen & Toubro Limited, Koninklijke Philips N.V., Infosys Ltd., Infor Inc., IBM Corporation, Hexaware Technologies Ltd. and others.

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