Healthcare IT Integration Market: A Booming Sector Driving Innovation in Healthcare

Healthcarenews14 May, 2024Business

The global healthcare IT integration market is witnessing exponential growth, projected to reach USD 7.1 billion by 2026 from USD 3.9 billion in 2021, at an impressive CAGR of 12.4%. This growth is primarily driven by several factors such as substantial cost savings achieved through data integration, increased use of connected care technologies during the COVID-19 pandemic, rapid adoption of electronic health records (EHRs), and the urgent need to integrate patient data into healthcare systems. Favorable government policies, funding programs, and initiatives further fuel the adoption of healthcare IT integration solutions. However, interoperability issues and the high cost associated with these solutions hinder the overall market growth.

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