US Healthcare IT Market Outlook 2018 -

 Number of pages 100 | Date Published:  February 2014

 The US Healthcare IT market is witnessing an astonishing growth with escalating healthcare cost becoming a foremost concern today for the US government. As a result, with stricter government regulations and supporting adoption of healthcare IT systems in hospitals, the industry is offering immense opportunities for players involved in the business.


In their latest research study, “US Healthcare IT Market Outlook 2018”, RNCOS’ analysts have identified and deciphered the market dynamics in important segments to clearly highlight the areas offering promising possibilities for companies to boost their growth. The market is slated to grow at a CAGR of nearly 20% during 2014-2018. This remarkable growth of the market will likely be driven by rapid introduction of new products, growing government support and declining implementation cost of healthcare IT. Moreover, with cloud computing widely prevailing, the US Healthcare IT market is poised to reach new heights.


In the report, US healthcare IT market has been studied on two main grounds - by segments and by components where segment wise healthcare IT market section covers in-depth analysis of healthcare IT hardware, software and services market and component wise healthcare market analysis section includes study of major healthcare information systems such as EMR, CPOE, CDS and MIIS coupled with pharmacy and laboratory information systems.


The study further delves into the present regulatory environment related to the industry. And it covers a detailed analysis of the potential growth areas which has helped in clearly identifying and highlighting the segments that offer the maximum opportunity for growth in the country.


Finally, with a view to providing a balanced outlook of the US healthcare IT market to clients, our report also includes the profiles of key industry players with their key financials, strength & weakness analysis and recent activities. In a nutshell, the research provides all the prerequisite information for intending clients looking out to venture into these markets, and facilitates them to devise strategies, while going for an investment/partnership in the US healthcare IT industry.

1. Analyst View
2. Research Methodology
3. Market Trends and Drivers
     3.1 Wireless and Cloud Technology Bringing a Big Transformation
     3.2 Rising Strategic Cosolidations to Amplify the Growth
     3.3 Government Initiatives Boosting the Growth
     3.4 Reduced OPEX with Enhanced Efficiency Propelling HIT Adoption
     3.5 Increasing Technological Upgradation Escalating HIT Market
4. Healthcare IT Market Outlook 2018
     4.1 By Segment
            4.1.1 HIT Hardware
            4.1.2 HIT Software
            4.1.3 HIT Services
     4.2 By Component
            4.2.1 Hospital Information System
              Electronic Medical Record
              Computerized Physician Order Entry
              Clinical Decision Support
              Medical Imaging Information System
                             Picture Archiving and Communication Systems
                             Radiology Information Systems
                             Cardiology Information Systems
            4.2.2 Pharmacy Information System
            4.2.3 Laboratory Information System
5. Potential Growth Areas
     5.1 Personal Health Records
     5.2 ICD-10 System
     5.3 Telemedicine
     5.4 Patient Centric Monitoring
6. Regulatory Framework
7. Competitive Landscape
     7.1 Allscripts Healthcare Solutions, Inc.
            7.1.1 Business Overview
            7.1.2 Key Financials
            7.1.3 Strength and Weakness Analysis
            7.1.4 Recent Activities
     7.2 GE Healthcare
            7.2.1 Business Overview
            7.2.2 Key Financials
            7.2.3 Strength and Weakness Analysis
            7.2.4 Recent Activities
     7.3 McKesson Corporation
            7.3.1 Business Overview
            7.3.2 Key Financials
            7.3.3 Strength and Weakness Analysis
            7.3.4 Recent Activities
     7.4 Cerner Corporation
            7.4.1 Business Overview
            7.4.2 Key Financials
            7.4.3 Strength and Weakness Analysis
            7.4.4 Recent Activities
     7.5 Athenahealth Inc
            7.5.1 Business Overview
            7.5.2 Key Financials
            7.5.3 Strength and Weakness Analysis
            7.5.4 Recent Activities
     7.6 Medical Information Tech Inc.
            7.6.1 Business Overview
            7.6.2 Key Financials
            7.6.3 Strength and Weakness Analysis
            7.6.4 Recent Activities

List of Figures:

Figure 4-1: Healthcare IT Market (Billion US$), 2012-2018
Figure 4-2: Healthcare IT Market by Segment (%), 2013
Figure 4-3: Forecast for Healthcare IT Market by Segment (%), 2018
Figure 4-4: Healthcare IT Hardware Market (Billion US$), 2012-2018
Figure 4-5: Healthcare IT Software Market (Billion US$), 2012-2018
Figure 4-6: Healthcare IT Services Market (Billion US$), 2012-2018
Figure 4-7: Healthcare IT Market by Component (%), 2013
Figure 4-8: Hospital Information System by Technology (%), 2013
Figure 4-9: EMR Market (Billion US$), 2012-2018
Figure 4-10: EHR Adoption Rate in Physician Offices by Ownership (%), 2012 & 2013
Figure 4-11: Number of E-prescriptions Written (Million), 2009-2012
Figure 4-12: Number of Doctors using E-prescriptions (‘000), 2009-2012
Figure 4-13: Number of Health Information Exchange Initiatives (2010-2013)
Figure 4-14: Number of Advanced HIE Initiatives (2009-2012)
Figure 4-15: States with Advanced HIE Initiatives (2012)
Figure 4-16: Computerized Physician Order Entry Market (Billion US$), 2012-2018
Figure 4-17: Clinical Decision Support System Market (Billion US$), 2012-2018
Figure 4-18: Medical Imaging Information Systems Market (Billion US$), 2012-2018
Figure 4-19: Picture Archiving and Communication System Market (Billion US$), 2012- 2018
Figure 4-20: Radiology Information System Market (Million US$), 2012-2018
Figure 4-21: Cardiology Information Systems Market (Million US$), 2012-2018
Figure 4-22: Pharmacy Information System Market (Billion US$), 2012-2018
Figure 4-23: Laboratory Information System Market (Billion US$), 2012-2018
Figure 5-1: PHR Software Market (Million US$), 2012-2018

List of Tables:

Table 4-1: EMR Adoption Model (%), 2012 & 2013
Table 4-2: EHR Adoption by States (%), 2013
Table 4-3: Top Ten States with Highest Rates of E-prescrition (2012)
Table 4-4: E-Prescription Adoption by Specialty (%), 2012
Table 7-1: Allscripts Healthcare Solutions, Inc. - Key Financials (Million US$), 2011 & 2012
Table 7-2: GE Healthcare - Key Financials (Million US$), 2011-2013
Table 7-3: McKesson Corporation - Key Financials (Million US$), FY 2011-FY 2013
Table 7-4: Cerner Corporation - Key Financials (Million US$), 2011-2013
Table 7-5: Athenahealth Inc - Key Financials (Million US$), 2011-2013
Table 7-6: Medical Information Technology - Key Financials (Million US$), 2011-2013"