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Pulished Date August, 2021
ID: 11979
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Europe Healthcare IT Integration Market Research Report – Segmented By Product, Service, End-user & Country (United Kingdom, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands and Rest of Europe) – Industry Analysis on Size, Share, Trends, COVID-19 Impact and Growth Forecast (2021 to 2026)

Pulished: August, 2021
ID: 11979
Pages: 100

Europe Healthcare IT Integration Market Size (2021 to 2026)

The size of the European healthcare IT integration market is forecasted to be growing at a promising CAGR from 2021 to 2026.

The increasing demand for streamlining the healthcare process towards paperless procedures is estimated to expand the market during the forecast period due to the increasing technological advancements and awareness of IT solutions. Furthermore, the growing need to harness a large amount of healthcare or patient data with paperless technology is another primary factor, which is expected to reflect the market's growth. In addition, it increases the efficiency of medical organizations by reducing the paper burden while increasing the profitability of healthcare industry operations. Therefore, technological advancements and improvements in information technology are expected to create lucrative opportunities for the European healthcare IT integration market.

The integration of IT for healthcare included one of the most important features of the healthcare industry: the advent of electronic health records. EHRs can effectively increase the overall efficiency, safety, and quality of a health care delivery system. The main complicating factors in healthcare IT integration revolve around improving the quality of care available to a patient. It also helps them provide that they can dramatically increase the productivity of a healthcare organization while helping to prevent or reduce the rate of man-made medical errors and reduce the overall costs of healthcare. Healthcare IT integration also contains a wide range of electronic methods to help manage the information provided by a patient or the generation of information throughout their care in a healthcare organization in Europe.

However, the lack of awareness in developing economies makes them reluctant to adopt a system that is forecasted to hamper the growth rate of the European healthcare IT integration market. Furthermore, advanced technologies and various integrated systems used in healthcare systems result in high maintenance and safety costs. The integration of healthcare systems requires highly skilled professionals as various technologies are used and are expected to reduce the growth of the healthcare IT integration market in Europe.

Impact of COVID-19 on the European healthcare IT integration market:

The COVID-19 outbreak is expected to impact the healthcare IT integration market positively. Due to the spread of the new coronavirus, healthcare facilities worldwide have been overwhelmed by the large number of patients who visit them daily, and, as a result, medical practices of all sizes are under immense pressure. Furthermore, the increasing prevalence of this disease has led to the demand for precise treatment and diagnostic devices in different countries of the world; in this sense, the integration of IT for health has proven to be very useful, as it allows healthcare professionals to diagnose and monitor patients using digitally connected devices such as pulse oximeters and home blood pressure monitors, this is expected to drive the market growth during the forecast period.

This research report on the European healthcare IT integration market has been segmented and sub-segmented into the following categories:

By Product:

  • Interface/Integration Engines
  • Medical Device Integration Software
  • Media Integration Solutions
  • Other Integration Tools

By Service:

  • Implementation & Integration
  • Support & Maintenance
  • Training & Education
  • Consulting

By End-User:

  • Hospitals
  • Laboratories
  • Clinics
  • Diagnostic Imaging Centers
  • Other End Users

By Country:

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of Europe

Regionally, the German healthcare IT integration market is expected to register the highest growth rate during the forecast period. This is because the government spends heavily on improving IT and healthcare infrastructure while increasing the demand for hospitals to adopt efficiency in their operations by adopting IT solutions. Also, increasing patient data with an increasing number of patients with various disorders is expected to accelerate the market’s growth rate during the forecast period.

The UK healthcare IT integration market held the second-largest share of the European market in 2020, which is 19.1%, due to increased investment by leading companies in the healthcare industry and growing awareness of the benefits of healthcare integration.

The Sweden healthcare IT integration market is estimated to be the fastest-growing segment due to factors such as technological advancements and government initiatives to improve the quality of healthcare. Furthermore, due to social distancing, the COVID-19 pandemic offers opportunities for telehealth solutions, and social distancing is the only existing solution developed to date capable of minimizing exposure. In this sense, telemedicine and mobile health represent an attractive, effective, and affordable option.

 KEY MARKET PLAYERS:

GE Healthcare, Allscripts Healthcare Solutions Inc., MEDITECH, Cerner Corporation, IBM Corporation, Oracle Corporation, Corepoint Health, Orion Health, Capsule Technologies Inc., Infor, NextGen Healthcare Inc., and Koninklijke Philips are a few of the noteworthy companies operating in the European Healthcare IT integration market.

  1. Introduction                                                          
    1. Market Definition                                               
    2. Scope of the report                                            
    3. Study Assumptions                                            
    4. Base Currency, Base Year and Forecast Periods                                                     
  2. Research Methodology                                                                    
    1. Analysis Design                                                   
    2. Research Phases                                                 
      1. Secondary Research                                       
      2. Primary Research                              
      3. Data Modelling                                 
      4. Expert Validation                              
    3. Study Timeline                                                    
  3. Report Overview                                                                 
    1. Executive Summary                                           
    2. Key Inferences                                                  
  4. Market Dynamics                                                                
    1. Impact Analysis                                                   
      1. Drivers                                  
      2. Restraints                              
      3. Opportunities                                    
    2. Regulatory Environment                                                  
    3. Technology Timeline & Recent Trends                                                      
  5. Competitor Benchmarking Analysis                                                             
    1. Key Player Benchmarking                                                
      1. Market share analysis                                    
      2. Products/Service                              
      3. Regional Presence                            
    2. Mergers & Acquisition Landscape                                                
    3. Joint Ventures & Collaborations                                                  
  6. Market Segmentation                                                                       
    1. Medical Device Connectivity Market, By Product
      1. Interface/Integration Engines
      2. Medical Device Integration Software
      3. Media Integration Solutions
      4. Other Integration Tools
      5. Market Size Estimations & Forecasts (2021-2026)                               
      6. Y-o-Y Growth Rate Analysis                                         
      7. Market Attractiveness Index               
    2. Medical Device Connectivity Market, By Service
      1. Implementation & Integration
      2. Support & Maintenance
      3. Training & Education
      4. Consulting
      5. Market Size Estimations & Forecasts (2021-2026)                               
      6. Y-o-Y Growth Rate Analysis                                         
      7. Market Attractiveness Index               
    3. Healthcare IT Integration Market, By End-User                                          
      1. Hospitals
      2. Laboratories
      3. Clinics
      4. Diagnostic Imaging Centers
      5. Other End Users
      6. Market Size Estimations & Forecasts (2021-2026)                               
      7. Y-o-Y Growth Rate Analysis                                         
      8. Market Attractiveness Index                                       
  7. Geographical Landscape                                                                  
    1. Healthcare IT Integration Market, by Region                                            
    2. Europe                                                   
      1. By Country                                         
        1. UK                        
        2. France                 
        3. Germany                          
        4. Spain                   
        5. Italy                     
        6. Rest of Europe                 
  8. Key Player Analysis                                                             
    1. GE Healthcare
      1. Business Description                                      
      2. Products/Service                              
      3. Financials                             
      4. SWOT Analysis                                  
      5. Recent Developments                                    
      6. Analyst Overview                              
    2. Allscripts Healthcare Solutions Inc.
    3. MEDITECH
    4. Cerner Corporation
    5. IBM Corporation
    6. Oracle Corporation
    7. Corepoint Health
    8. Orion Health
    9. Capsule Technologies Inc.
    10. Infor
    11. NextGen Healthcare Inc.
    12. Koninklijke Philips
  9. Market Outlook & Investment Opportunities
  10. Appendix
    1. List of Tables
    2. List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • Segment-level analysis in terms of product, service, and end-user along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Europe Healthcare IT Integration Market, By Product, From 2021 to 2026 (USD Billion)
  2. Europe Interface/Integration Engines Market, By Region, From 2021 to 2026 (USD Billion)
  3. Europe Medical Device Integration Software Market, By Region, From 2021 to 2026 (USD Billion)
  4. Europe Media Integration Solutions Market, By Region, From 2021 to 2026 (USD Billion)
  5. Europe Other Integration Tools Market, By Region, From 2021 to 2026 (USD Billion)
  6. Europe Healthcare IT Integration Market, By Service, From 2021 to 2026 (USD Billion)
  7. Europe Implementation & Integration Market, By Region, From 2021 to 2026 (USD Billion)
  8. Europe Support & Maintenance Market, By Region, From 2021 to 2026 (USD Billion)
  9. Europe Training & Education Market, By Region, From 2021 to 2026 (USD Billion)
  10. Europe Consulting Market, By Region, From 2021 to 2026 (USD Billion)
  11. Europe Healthcare IT Integration Market, By End-User, From 2021 to 2026 (USD Billion)
  12. Europe Hospitals Market, By Region, From 2021 to 2026 (USD Billion)
  13. Europe Laboratories Market, By Region, From 2021 to 2026 (USD Billion)
  14. Europe Clinics Market, By Region, From 2021 to 2026 (USD Billion)
  15. Europe Diagnostic Imaging Centers Market, By Region, From 2021 to 2026 (USD Billion)
  16. Europe Other End Users Market, By Region, From 2021 to 2026 (USD Billion)
  17. U.K. Healthcare IT Integration Market, By Product, From 2021 to 2026 (USD Billion)
  18. U.K. Healthcare IT Integration Market, By Service, From 2021 to 2026 (USD Billion)
  19. U.K. Healthcare IT Integration Market, By End-User, From 2021 to 2026 (USD Billion)
  20. Germany Healthcare IT Integration Market, By Product, From 2021 to 2026 (USD Billion)
  21. Germany Healthcare IT Integration Market, By Service, From 2021 to 2026 (USD Billion)
  22. Germany Healthcare IT Integration Market, By End-User, From 2021 to 2026 (USD Billion)
  23. France Healthcare IT Integration Market, By Product, From 2021 to 2026 (USD Billion)
  24. France Healthcare IT Integration Market, By Service, From 2021 to 2026 (USD Billion)
  25. France Healthcare IT Integration Market, By End-User, From 2021 to 2026 (USD Billion)
  26. Italy Healthcare IT Integration Market, By Product, From 2021 to 2026 (USD Billion)
  27. Italy Healthcare IT Integration Market, By Service, From 2021 to 2026 (USD Billion)
  28. Italy Healthcare IT Integration Market, By End-User, From 2021 to 2026 (USD Billion)
  29. Spain Healthcare IT Integration Market, By Product, From 2021 to 2026 (USD Billion)
  30. Spain Healthcare IT Integration Market, By Service, From 2021 to 2026 (USD Billion)
  31. Spain Healthcare IT Integration Market, By End-User, From 2021 to 2026 (USD Billion)

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