Healthcare Information Technology Services Market Size, Share, Forecast 2022-2028

Muthyala17 Mar, 2023Business

The global healthcare information technology services market size was valued at USD 432.3 billion in 2021 and is poised to grow at a significant CAGR of 17.2% during the forecast period 2022-28. Healthcare information technology provides security and data management solutions for healthcare information. Information technology now has a greater influence on the cost, quality, and safety of healthcare. Electronic medical records, healthcare records, and personal health records are some of the most often utilized applications in the healthcare business. The worldwide healthcare information systems market generated $35.5 billion in sales in 2013 and is expected to reach $53.5 billion by the end of 2019. The global market for healthcare information systems is expected to grow at a CAGR of 7.2 percent from 2013 to 2019.

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