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Pulished Date July, 2021
ID: 11869
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North America Healthcare IT Consulting Market Research Report – Segmented By Type, End-User and Country (The United States, Canada and Rest of North America) – Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: July, 2021
ID: 11869
Pages: 100

North America Healthcare IT Consulting Market Size (2021 to 2026)

The size of the North American Healthcare IT consulting market is estimated to showcase a healthy CAGR from 2021 to 2026.

The growing volume of patient data information increased technological knowledge, and the demand for quick and efficient healthcare processes and systems drive the market for HCIT solutions. Healthcare has undergone a drastic change in recent years as it no longer serves the growing patient population. In the United States, after implementing the Affordable Care Act, more than millions of Americans were insured. In addition to adding new revenue to healthcare providers, this has increased the pressure to serve traditional business models effectively.

More and more healthcare providers are ready to invest in digital transformations of their business practices. This resulted in the new IT Health Consulting division. Third-party IT consulting services include electronic health records, healthcare financing, pharmacy, billing, patient care and prescribing, etc. Strong IT support with agile methods is a competitive advantage for healthcare providers to achieve better quality, control costs, increase profitability, and simplify inventory management. As a result, there is an increase in opportunities for the IT healthcare consulting market.

The development of electronic medical records (EMRs) and implementation in the healthcare industry is a major transformation in healthcare. IT consulting support has a key role to play in maintaining and securing patient data. However, health care records are among the most prone to theft, as the value of medical information goes beyond credit card information. Growing cyber-attacks in healthcare are due to a violation of the HIPPA privacy rule and inadequate data encryption to protect data.

With growing concerns about the risk of unauthorized access or use of healthcare databases, healthcare consulting companies are under pressure as they need to establish sufficient trust in healthcare providers.

Other factors, such as increased government support for healthcare IT solutions, changing technology landscape, and government policies and regulations, drive the healthcare IT consulting market.

The limitations of IT infrastructure in developing countries are likely to hamper the growth of the healthcare IT market during the forecast period mentioned above. In addition, interoperability and security issues for confidentiality and confidentiality of data is an important factor limiting the growth of the North American healthcare IT consulting market for the forecast period.

Impact of COVID-19 on the North American Healthcare IT Consulting Market:

The whole world is currently suffering from the COVID-19 pandemic. This infection causes pneumonia, acute and severe breathing problems, multiple organ failure, and, in severe cases, death. The geriatric population is more prone to COVID-19. Healthcare Consulting Services provides COVID-19 advisory services to help navigate health and social service (HHS) advice and other sources of information related to Provider Assistance Fund (PRF) reporting requirements. As a result, the demand for health online consultation services is increasing positively in the context of the pandemic.

This research report on the North American Healthcare IT Consulting Market has been segmented and sub-segmented into the following categories:

By Type:

  • HCIT Strategy and Project/Program Management
  • Healthcare Application Analysis, Design, And Development
  • HCIT Integration and Migration
  • HCIT Change Management
  • Healthcare/Medical System & Security Set-Up and Risk Assessment
  • Healthcare Enterprise Reporting and Data Analytics Services
  • Production Go-Live/Post Go-Live Support
  • Healthcare Business Process Management
  • Regulatory Compliance
  • Others Consulting Services

By End-User:

  • Healthcare Providers
    • Hospitals, Physician Groups, and IDNs
    • Ambulatory Care Centers
    • Home Healthcare Agencies, Nursing Homes, And Assisted Living Facilities
    • Diagnostic and Imaging Centers
    • Other End Users (Pharmacies and Diagnostic & Pathological Laboratories)
  • Healthcare Payers
    • Private Payers
    • Public Payers
  • Other End Users

By Country:

  • The United States
  • Canada
  • Rest of North America

The U.S. healthcare IT consulting market is predicted to hold the most significant share in the North American region in 2021. There is a need to operate its business and improve the customer experience efficiently. In addition, due to evolving regulations and changes in Medicare payments, healthcare providers are increasingly relying on IT health consulting companies. With innovative approaches like analytics, data, systems security, etc., healthcare providers benefit from increased revenue and improved patient experience. This is expected to contribute to the growth of the North American healthcare IT consulting market.

Other countries such as Canada and Mexico will also have a steady growth rate. This can be attributed to technological advances, investments by multinational pharmaceutical companies in the region, and the increased need for remote care and telemedicine in rural areas. In addition, the pressure to provide good quality care at a lower cost and changing regulatory frameworks are pushing healthcare organizations to turn to consulting firms for help.

KEY MARKET PLAYERS:

A few of the promising companies operating in the North American Healthcare IT consulting market profiled in this report are Epic Systems Corporation, General Electric, Koninklijke Philips N.V., Cerner Corporation, Cisco, Cognizant, Genpact, Allscripts Healthcare, LLC, Atos SE, HCL Technologies Limited, Hexaware Technologies, Infor, IBM Corporation, Deloitte Touche Tohmatsu Limited, Accenture, Infosys Limited, Larsen & Toubro Limited, Microsoft, Mckesson Corporation, Ntt Data, Inc., Oracle, Sap SE, Tata Consultancy Services Limited and Wipro.

  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. Healthcare IT Consulting Market, By Type
      1. HCIT Strategy and Project/Program Management
      2. Healthcare Application Analysis, Design, And Development
      3. HCIT Integration and Migration
      4. HCIT Change Management
      5. Healthcare/Medical System & Security Set-Up and Risk Assessment
      6. Healthcare Enterprise Reporting and Data Analytics Services
      7. Production Go-Live/Post Go-Live Support
      8. Healthcare Business Process Management
      9. Regulatory Compliance
      10. Others Consulting Services
      11. Market Size Estimations & Forecasts (2021-2026)                               
      12. Y-o-Y Growth Rate Analysis                                         
      13. Market Attractiveness Index                                       
    2. Healthcare IT Consulting Market, By End-User                                          
      1. Healthcare Providers
        1. Hospitals, Physician Groups, and IDNs
        2. Ambulatory Care Centers
        3. Home Healthcare Agencies, Nursing Homes, And Assisted Living Facilities
        4. Diagnostic and Imaging Centers
        5. Other End Users (Pharmacies and Diagnostic & Pathological Laboratories)
      2. Healthcare Payers
        1. Private Payers
        2. Public Payers
        3. Other End Users
      3. Market Size Estimations & Forecasts (2021-2026)                               
      4. Y-o-Y Growth Rate Analysis                                         
      5. Market Attractiveness Index                                       
  7. Geographical Landscape                                                                  
    1. Healthcare IT Consulting Market, by Region                                            
    2. North America - Market Analysis (2021 to 2026)                                                      
      1. By Country                                         
        1. USA                      
        2. Canada               
  8. Key Player Analysis                                                             
    1. Epic Systems Corporation
      1. Business Description                                      
      2. Products/Service                              
      3. Financials                             
      4. SWOT Analysis                                  
      5. Recent Developments                                    
      6. Analyst Overview                              
    2. General Electric
    3. Koninklijke Philips N.V.
    4. Cerner Corporation
    5. Cisco
    6. Cognizant
    7. Genpact
    8. Allscripts Healthcare, LLC
    9. Atos SE,
    10. HCL Technologies Limited
    11. Hexaware Technologies
    12. Infor
    13. IBM Corporation
    14. Deloitte Touche Tohmatsu Limited
    15. Accenture
    16. Infosys Limited
    17. Larsen & Toubro Limited
    18. Microsoft
    19. Mckesson Corporation
    20. Ntt Data, Inc.
    21. Oracle
    22. Sap SE
    23. Tata Consultancy Services Limited
    24. Wipro Limited
  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 type 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. North America Healthcare IT Consulting Market By Type, From 2021-2026 ( USD Billion )
  2. North America HCIT Strategy and Project/Program Management Market By Region, From 2021-2026 ( USD Billion )
  3. North America Healthcare Application Analysis, Design, And Development Market By Region, From 2021-2026 ( USD Billion )
  4. North America HCIT Integration and Migration Market By Region, From 2021-2026 ( USD Billion )
  5. North America HCIT Change Management Market By Region, From 2021-2026 ( USD Billion )
  6. North America Healthcare/Medical System & Security Set-Up and Risk Assessment Market By Region, From 2021-2026 ( USD Billion )
  7. North America Healthcare Enterprise Reporting and Data Analytics Services Market By Region, From 2021-2026 ( USD Billion )
  8. North America Production Go-Live/Post Go-Live Support Market By Region, From 2021-2026 ( USD Billion )
  9. North America Healthcare Business Process Management Market By Region, From 2021-2026 ( USD Billion )
  10. North America Regulatory Compliance Market By Region, From 2021-2026 ( USD Billion )
  11. North America Others Consulting Services Market By Region, From 2021-2026 ( USD Billion )
  12. North America Healthcare IT Consulting Market By End-User, From 2021-2026 ( USD Billion )
  13. North America Healthcare Providers Market By Region, From 2021-2026 ( USD Billion )
  14. North America Healthcare Payers Market By Region, From 2021-2026 ( USD Billion )
  15. North America Other End Users Market By Region, From 2021-2026 ( USD Billion )
  16. United States Healthcare IT Consulting Market By Type, From 2021-2026 ( USD Billion )
  17. United States Healthcare IT Consulting Market By End-User, From 2021-2026 ( USD Billion )
  18. Canada Healthcare IT Consulting Market By Type, From 2021-2026 ( USD Billion )
  19. Canada Healthcare IT Consulting Market By End-User, From 2021-2026 ( USD Billion )
  20. North America Healthcare IT Consulting Market By Healthcare Providers, From 2021-2026 ( USD Million )
  21. North America Hospitals, Physician Groups, and IDNs Market By Region, From 2021-2026 ( USD Million )
  22. North America Ambulatory Care Centers Market By Region, From 2021-2026 ( USD Million )
  23. North America Home Healthcare Agencies, Nursing Homes, And Assisted Living Facilities Market By Region, From 2021-2026 ( USD Million )
  24. North America Diagnostic and Imaging Centers Market By Region, From 2021-2026 ( USD Million )
  25. North America Other End Users (Pharmacies and Diagnostic & Pathological Laboratories) Market By Region, From 2021-2026 ( USD Million )
  26. United States Healthcare IT Consulting Market By Healthcare Providers, From 2021-2026 ( USD Million )
  27. Canada Healthcare IT Consulting Market By Healthcare Providers, From 2021-2026 ( USD Million )
  28. North America Healthcare IT Consulting Market By Healthcare Payers, From 2021-2026 ( USD Million )
  29. North America Private Payers Market By Region, From 2021-2026 ( USD Million )
  30. North America Public Payers Market By Region, From 2021-2026 ( USD Million )
  31. United States Healthcare IT Consulting Market By Healthcare Payers, From 2021-2026 ( USD Million )
  32. Canada Healthcare IT Consulting Market By Healthcare Payers, From 2021-2026 ( USD Million )

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