The North America healthcare IT market is projected to reach USD 239.9 billion by 2025 from USD 96.3 billion in 2019, at a CAGR of 16.4% during the forecast period.

Some of the prominent players operating in the North American healthcare IT market are McKesson Corporation (US), Oracle Corporation (US), GE Healthcare (US), Siemens Healthineers (Germany), Philips Healthcare (Netherlands), Athenahealth, Inc. (US), Infor, Inc. (US), Cognizant (US), Dell Technologies (US), and CVS Health (US).

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Cerner Corporation (US) is one of the major players in the North America healthcare IT market 2018. The company has a diversified product portfolio, which includes a wide range of healthcare IT products and services. Cerner’s position in the market is attributed to its active R&D activities and wide distribution footprint across the North American region. To garner a larger share of the North American healthcare IT market, the company continuously focuses on product launches and collaborations with other companies.

Allscripts Healthcare Solutions, Inc. (US) is one of the major players in the North America healthcare IT market in 2018. Its dominance in the market can be attributed to its wide range of product offerings and its strong geographical footprint through strategic acquisitions and partnerships. In 2018, the company acquired HealthGrid Holding Company that would help in the expansion of the Allscripts FollowMyHealth platform by integrating it with the HealthGrid capabilities. The company also focuses on R&D activities to develop its healthcare IT solutions that meet the customers’ demands.

By end-users, the healthcare providers segment accounted for the largest share of the North America healthcare IT market in 2018

Based on end-users, the North American healthcare IT market is segmented into healthcare providers and healthcare payers. The healthcare providers segment is divided further into hospitals; ambulatory care centers; home healthcare agencies, nursing homes, and assisted living facilities; diagnostic and imaging centers; and pharmacies.

The healthcare payers segment is divided further into private payers and public payers. Hospitals form the largest end-user segment of the North American healthcare IT market, owing to the huge demand for various HCIT solutions among hospitals to manage the increasing load of patient information generated in hospitals and growing need to improve the quality of healthcare while improving operational efficiencies within organizations.

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