Healthcare IT Quadrant Report

Request Free Sample Report
Healthcare IT Market (Global) Company Evaluation Quadrant
Published on
Apr'2019
Pages
84
Code
360-HIT 2005
Email
Share
Request Free Sample Report

Healthcare IT involves the design, development, creation, use & maintenance of healthcare information systems. Numerous healthcare IT reforms were brought in by several countries. Among these reforms, healthcare IT solutions promise to cut costs and increase the healthcare efficiency of a country. These are paperless systems that ensure regulatory compliance while drastically increasing the operational efficiency of any healthcare organization. These systems can be deployed to make clinical studies and drug delivery to the intended patient, in a much faster way, than traditional healthcare systems.

These solutions facilitate improved patient care due to the efficient information exchange between various medical entities such as physicians, medical staff and attendants, patients, families of patients, and pharmacies. The Healthcare IT market is projected to reach USD 393 billion by 2024. Government mandates and support for healthcare It solutions, a rise in the practice of big data utilization in healthcare, high returns on investment for healthcare IT solutions, and the need to curtail the escalating healthcare costs are the key drivers for this market.

TABLE 1 MARKET DYNAMICS: MARKET IMPACT

DYNAMICS

DESCRIPTION

 IMPACT

2–3 YEARS

3–5 YEARS

5–7 YEARS

Drivers

Government mandates & support for healthcare IT solutions

H

M

M

Rising use of big data

H

H

M

High returns on investment for healthcare IT solutions

H

H

M

Need to curtail escalating healthcare costs

H

H

H

Restraints

IT infrastructural constraints in developing countries

H

M

M

Opportunities

Rising use of healthcare IT solutions in outpatient care facilities

H

H

M

Growing mHealth, telehealth, and remote patient monitoring markets

H

H

M

Cloud-based EHR solutions

H

H

H

Shift towards patient-centric healthcare delivery

H

H

H

Challenges

Security concerns

H

H

M

Interoperability issues

H

M

M

 

This report identifies and benchmarks the Top Healthcare IT Companies such as Optum (US), Cerner (US), Cognizant (US), Philips Healthcare (Netherlands), Epic Systems (US), and evaluates them on the basis of business strategy excellence and strength of product portfolio within the healthcare IT ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on a 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders ( Best Healthcare IT Companies ), Dynamic Differentiators, Innovators, or Emerging companies. This report also includes a company evaluation quadrant which identifies and benchmarks emerging healthcare IT market players as Progressive Companies, Emerging Blocks, Responsive Companies, or Dynamic Companies.

The report includes market-specific company profiles of 20 Healthcare IT solution providers and assesses the recent developments that shape the competitive landscape of this highly fragmented market to identify the Best Healthcare IT Companies.


List of Top Healthcare IT Companies evaluated and profiled in the report:

  • ALLSCRIPTS (US)
  • ATHENAHEALTH (US)
  • CERNER (US)
  • CHANGE HEALTHCARE (US)
  • COGNIZANT (US)
  • CONDUENT (US)
  • CONIFER HEALTH (US)
  • DELL TECHNOLOGIES (US)
  • EPIC SYSTEMS (US)
  • GE HEALTHCARE (US)
  • IBM (US)
  • INFOR (US)
  • INOVALON (US)
  • INTERSYSTEMS (US)
  • NUANCE (US)
  • OPTUM (US)
  • ORACLE CORPORATION (US)
  • PHILIPS HEALTHCARE (NETHERLANDS)
  • TATA CONSULTANCY SERVICES (INDIA)
  • 3M (US)

Table of Contents

1 Introduction
   1.1 Market Definition

2 Market Overview
   2.1 Introduction
   2.2 Market Dynamics
         Table 1 Market Dynamics: Market Impact
         2.2.1 Key Market Drivers
                   2.2.1.1 Government Mandates & Support for Healthcare IT Solutions
                                Table 2 Key Government Initiatives for EMR
                   2.2.1.2 Rising Use of Big Data
                   2.2.1.3 High Returns on Investment for Healthcare IT Solutions
                   2.2.1.4 Need to Curtail Escalating Healthcare Costs
         2.2.2 Key Market Restraints
                   2.2.2.1 IT Infrastructural Constraints in Developing Countries
         2.2.3 Key Market Opportunities
                   2.2.3.1 Rising Use of Healthcare IT Solutions in Outpatient Care Facilities
                   2.2.3.2 Growing Mhealth, Telehealth, and Remote Patient Monitoring Markets
                   2.2.3.3 Cloud-Based EHR Solutions
                   2.2.3.4 Shift Towards Patient-Centric Healthcare Delivery
         2.2.4 Key Market Challenges
                   2.2.4.1 Security Concerns
                                Figure 1 Number of Data Breaches in the US (2009–2018)
                                Table 3 Largest Healthcare Data Breaches in the US (2010–2018)
                   2.2.4.2 Interoperability Issues
                                Figure 2 Europe: Hospital EMR Adoption (Till September 2016)

3 Company Evaluation Quadrant
   3.1 Visionary Leaders ( 
Healthcare IT Leaders )
   3.2 Innovators
   3.3 Dynamic Differentiators
   3.4 Emerging Companies
          Figure 3 Healthcare IT Market: Company Evaluation Quadrant

4 Company Evaluation Quadrant (Emerging Players)
   4.1 Progressive Companies
   4.2 Emerging Blocks
   4.3 Responsive Companies
   4.4 Dynamic Companies
          Figure 4 Company Evaluation Quadrant (Emerging Companies)
          
Table 4 Growth Strategy Matrix

5 Competitive Landscape
   5.1 Introduction
          Figure 5 Key Developments of Major Players Between 2015 and 2019
   5.2 Competitive Situation and Trends
         5.2.1 Product Launches
                   Table 5 Product Launches (2016–2019)
         5.2.2 Mergers and Acquisitions
                   Table 6 Acquisitions (2016–2019)
         5.2.3 Agreements, Partnerships, and Collaboration
                   Table 7 Agreements, Partnerships, and Collaboration (2016–2019)
         5.2.4 Expansions
                   Table 8 Expansions (2015-2019)

6 Company Profiles
   6.1 Optum (A Part of Unitedhealth Group)
         6.1.1 Business Overview*
                   Figure 6 Optum: Company Snapshot (2017)
         6.1.2 Solutions and Services Offered*
         6.1.3 Recent Developments*
         6.1.4 SWOT Analysis*
         6.1.5 MnM View*
         (*Above sections are present for all of below companies)
   6.2 Cerner Corporation
          Figure 7 Cerner Corporation: Company Snapshot (2017)
   6.3 Cognizant
          Figure 8 Cognizant: Company Snapshot (2017)
   6.4 Change Healthcare
   6.5 Philips
          Figure 9 Philips: Company Snapshot (2017)
   6.6 EPIC Systems Corporation
   6.7 Dell Technologies
          Figure 10 Dell Technologies: Company Snapshot (2017)
   6.8 Allscripts
          Figure 11 Allscripts: Company Snapshot (2017)
   6.9 Athenahealth (Part of Veritas Capital)
          Figure 12 Athenahealth, Inc.: Company Snapshot (2017)
   6.10 General Electric
            Figure 13 General Electric: Company Snapshot (2017)

7 Appendix
   7.1 Other Major Companies
         7.1.1 Conduent
         7.1.2 Conifer
         7.1.3 Nuance
         7.1.4 3M
         7.1.5 Oracle
         7.1.6 IBM
         7.1.7 Inovalon
         7.1.8 Infor
         7.1.9 Intersystems
         7.1.10 Tata Consultancy Services
   7.2 Methodology

This report identifies and benchmarks the Top Healthcare IT Companies such as Cognex Corporation (US), Basler AG (Germany), Omron Corporation (Japan), Keyence (Japan), National Instruments (US), and evaluates them on the basis of business strategy excellence and strength of product portfolio within the Healthcare IT ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. Healthcare IT solution providers are rated and positioned on 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders ( Best Healthcare IT Companies ), Dynamic Differentiators, Innovators, or Emerging companies. 

SAMPLES:




1450 USD
Licensing Options
Personalize Your Research Requirement
  • Updated version of this Quadrant
  • Different Company Evaluation Quadrant
  • 'Startup Only' Company Evaluation Quadrant
  • Region or Country specific evaluation
  • Application or Industry specific evaluation
  • ..Read More
Analyst Briefing & Inquiry
  • Submit a Briefing Request
  • Question about our published research
  • Request for evaluation of your organization for specific market
  • Request for re-evaluation of Company Evaluation Quadrant
  • ..Read More